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SBAC US​

Sba Communications Corp(SBAC US)

$184.75+6.363.57%Ext:$183.12-1.630.88%(Market Closed · 23:55:29 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Sba Communications Corp — Company Profile

SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.

Sector
Real Estate
Industry
Specialized REITs
Exchange
UQ
CEO
Brendan Thomas Cavanagh
Headquarters
Boca Raton, FL, US
IPO Date
Jun 16, 1999
Employees
1,844
Website
www.sbasite.com

Key Metrics

Price
$158.49
Market Cap
$16.81B
Revenue (TTM)
$703.44M
Net Income (TTM)
$184.83M
EPS (TTM)
1.75
P/E (TTM)
16.52
P/B (TTM)
-3.54
Dividend Yield
2.30%
ROE (TTM)
-3.89%
ROA (TTM)
1.58%
Operating Margin
48.74%
Beta
0.08

Dividends

Last Dividend
$1.25
Last Yield
0.02%

Summary

SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.

Website
www.sbasite.com
Location
Boca Raton, FL, US
Phone561-995-7670
Employees1,844
CEOBrendan Thomas Cavanagh
Sector
Real Estate
Industry
Specialized REITs
IPO DateJun 16, 1999

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Latest Documents

SEC Filings(1.9K)

Expand
  • 4Montagner Marc20 Oct
  • 8-KCreation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant25 Sep
  • 4Krouse George R Jr19 Aug
  • 144Krouse George R Jr17 Aug
  • 10-QQ2ended 30 Jun 20266 Aug
  • 4DAY DONALD4 Aug
  • 8-KFOR IMMEDIATE RELEASE3 Aug
  • 8-KEntry into a Material Definitive Agreement24 Jul
  • 8-KOther Events23 Jul
  • 424B2Prospectus filing (Rule 424(b)(2))16 Jul
  • 8-KEntry into a Material Definitive Agreement15 Jul
  • FWPFree writing prospectus14 Jul
  • 305B2Application for qualification of indenture13 Jul
  • 424B5Prospectus filing (Rule 424(b)(5))13 Jul
  • 4BERNSTEIN STEVEN E27 May
  • 4STOOPS JEFFREY27 May
  • 4Wilson Amy E27 May
  • 4BOWEN LAURIE27 May
  • 4Johnson Jay LeCoryelle27 May
  • 4Chan Mary S27 May

News

  • A Look at SBA Communications Corp (SBAC) After 4.2% Decline -- GF Value $225.85 vs Price $173.4121 Oct
  • SBA Communications Corporation Sets Date for Third Quarter 2026 Earnings Release14 Oct
  • Strength Seen in SBA Communications (SBAC): Can Its 7.3% Jump Turn into More Strength?12 Oct
  • Americans Cannot Stop Using Their Phones. These 3 REITs Collect the Rent8 Oct
  • SBA Communications (NASDAQ:SBAC) Sets New 12-Month Low – Time to Sell?5 Oct
  • Forum Markets Announces Joint Venture with Edge Node AI to Deploy Inference AI Compute Across the U.S. at Existing Powered Data Sites and Mobile Communications Towers5 Oct
  • Is It Wise to Retain SBA Communications Stock in Your Portfolio Now?2 Oct
  • SBA Communications Eyes 6G Leasing Rebound, Edge Data Centers and Buybacks1 Oct
  • SBA Communications Corporation (SBAC) Presents at RBC Capital Markets 2026 Global Communications and Infrastructure Conference Transcript29 Sep
  • SBA Communications: The Turnaround Setup Is Getting More Interesting17 Sep
  • SBA Communications Corporation to Speak at RBC Capital Markets 2026 Global Communications and Infrastructure Conference14 Sep
  • Everyone Is Avoiding These REITs: That's The Opportunity13 Sep
  • SBA Communications Corporation (SBAC) Presents at Bank of America 2026 Media,Communications & Entertainment Conference Transcript10 Sep
  • SBA Communications Corporation (SBAC) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript9 Sep
  • SBA Communications Corporation (SBAC) Presents at Citi's 2026 Global TMT Conference Transcript9 Sep
  • Cell Tower REITs: No Threat From Above7 Sep
  • SBA Communications (NASDAQ:SBAC) versus Power REIT (NYSE:PW) Financial Comparison3 Sep
  • SBA Communications (SBAC) Up 0.5% Since Last Earnings Report: Can It Continue?2 Sep
  • SBA Communications Corporation: Fast-Growing Dividend, Undervalued29 Aug
  • Adelante Capital Management LLC Buys Shares of 15,505 SBA Communications Corporation $SBAC27 Aug

Mentions in Filings

  • … ce President and Treasurer of Host Hotels & Resorts. Prior to Host, he served in a variety of senior leadership roles at KeyBank Real Estate Capital and Bank of America. Mr. Johnson currently serves as a director at <strong>SBA Communications</strong> Corp., a leading owner and operator of wireless communications infrastructure, and is a former director at Newell Brands, Inc., a global consumer goods company. He received his Masters in Business Administration fro …
    WINNEBAGO INDUSTRIES INCSba Communications Corp·EX-10.1 - DEFA14A - EXHIBIT 10.1·Q1 27·23 Oct
  • … ce President and Treasurer of Host Hotels & Resorts. Prior to Host, he served in a variety of senior leadership roles at KeyBank Real Estate Capital and Bank of America. Mr. Johnson currently serves as a director at <strong>SBA Communications</strong> Corp., a leading owner and operator of wireless communications infrastructure, and is a former director at Newell Brands, Inc., a global consumer goods company. He received his Masters in Business Administration fro …
    WINNEBAGO INDUSTRIES INCSba Communications Corp·EX-99.1 - DEFA14A - EXHIBIT 99.1·Q1 27·23 Oct
  • … ce President and Treasurer of Host Hotels & Resorts. Prior to Host, he served in a variety of senior leadership roles at KeyBank Real Estate Capital and Bank of America. Mr. Johnson currently serves as a director at <strong>SBA Communications</strong> Corp., a leading owner and operator of wireless communications infrastructure, and is a former director at Newell Brands, Inc., a global consumer goods company. He received his Masters in Business Administration fro …
    WINNEBAGO INDUSTRIES INCSba Communications Corp·EX-99.1 - 8-K - Entry into a Material Definitive Agreement·Q1 27·23 Oct
  • … ce President and Treasurer of Host Hotels & Resorts. Prior to Host, he served in a variety of senior leadership roles at KeyBank Real Estate Capital and Bank of America. Mr. Johnson currently serves as a director at <strong>SBA Communications</strong> Corp., a leading owner and operator of wireless communications infrastructure, and is a former director at Newell Brands, Inc., a global consumer goods company. He received his Masters in Business Administration fro …
    WINNEBAGO INDUSTRIES INCSba Communications Corp·EX-10.1 - 8-K - Entry into a Material Definitive Agreement·Q1 27·23 Oct
  • … EdgePresence (acquired by Ubiquity). DP Dipan Patel Chief Operating Officer Digital infrastructure executive at Telstra InfraCo across a $25B+ portfolio; EVP of Strategy, Technology, and New Business Initiatives at <strong>SBA Communications</strong>. PhD, Imperial College London. CD Christopher DeAlmeida Chief Financial Officer 20+ years of public - company financial leadership. CFO of Wrap Technologies (2022 – 2024); 11 years at Orion Group Holdings, including …
    DUOS TECHNOLOGIES GROUP, INC.Sba Communications Corp·EX-99.1 - 8-K - Regulation FD Disclosure·Q4 26·20 Oct
  • … a, directing their $25 billion digital infrastructure portfolio, from 2024 to 2026. Prior to that, from 2019 to 2026, Mr. Patel was the Executive Vice President, Strategy, Technology and New Business Initiatives for <strong>SBA Communications</strong> Corporation, a leading independent owner and operator of wireless communications infrastructure. Prior to joining SBA, Mr. Patel served as Vice President, New Growth & Development at Cox Communications, a national c …
    DUOS TECHNOLOGIES GROUP, INC.Sba Communications Corp·8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q3 26·18 Aug

Key Stats

Trading

Px/Chg 1D$158.49 / +0.30%
Avg Volume1.12M
Beta0.08
Mkt Cap16.81B
FD Mkt Cap20.07B

Float

Shrs Out/Float106.06M / 105.27M
Short Float0.03%
Days to Cover2.58
Stock Repurchased$0.00

Current Valuation

EV31.90B
EV/EBITDA15.15
EV/Sales11.18
P/B-3.54
P/S5.89
FCF Yield1.23%
ROE-3.89%
ROA1.58%
Current Ratio0.15

Dividend

Cash$1.25
Yield2.30%
Yield (TTM)2.30%

Estimates

P/E16.52
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24Apr '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings57.1455.2441.8935.0762.5690.95
Price / Sales16.679.687.759.8132.1923.90
Price / Book Value-4.47-4.83-4.06-5.14-4.77-3.54
Price / Free Cash Flow48.1923.8016.0723.7596.0181.33
ENTERPRISE VALUE METRICS
Enterprise Value37,559.240,550.435,308.441,908.238,131.031,898.1
Enterprise Value / Sales28.4815.4013.0215.6452.9945.35
Enterprise Value / EBITDA38.1924.2019.7123.3553.0970.59
Enterprise Value / EBIT51.3741.8832.8427.4868.5586.08

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue5.1%2,308.82,633.52,711.62,679.62,815.1
Gross Income-9.4%1,735.71,938.02,077.32,072.01,171.3
EBITDA9.6%1,513.81,675.81,791.41,794.62,186.4
EBIT20.4%813.7968.21,075.11,525.11,709.9
Net Income45.1%237.6461.4501.8749.51,053.6
EPS (Diluted)46.3%2.144.224.616.949.80
BALANCE SHEET
Cash & ST Inv4.5%368.1145.0209.6444.4439.0
Total Assets4.2%9,801.710,585.010,178.411,417.311,575.0
Total Liabilities2.1%15,067.915,829.615,314.316,473.116,350.3
Total Shareholder Equity-2.1%-5,283.4-5,276.3-5,170.9-5,109.9-4,853.5
CASH FLOW
Net Operating Cash Flow2.1%1,189.91,285.71,544.41,334.91,291.3
Cap Ex13.9%-133.6-214.4-236.7-228.1-224.8
Free Cash Flow24.3%1,056.21,071.31,307.71,106.71,066.5

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)183.70
Basic Shares106.06
Market Cap19,483.5
Diluted Shares106.11
Fully Diluted Shares Outstanding106.11
Fully Diluted Market Cap19,492.3
+Consolidated Debt15,416.1
−In-the-Money Convertible Debt—
+Capital Leases2,456.3
+Operating Leases—
−Cash & Equivalents-327.8
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value34,571.8

Segment data

Revenue

by Products and services

  • Domestic Site Leasing Revenue66%
  • International Site Leasing Revenue25%
  • Site Development Construction9%

Revenue

by Geography

  • Domestic Site Leasing Revenue73%
  • International Site Leasing Revenue27%

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