SBACNasdaqReal Estate Investment TrustsFiscal year ends December 31
SBA COMMUNICATIONS CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$183.09−3.97 (-2.12%)
Close on Oct 19, 2026
- Market cap
- $19.46B
- P/E (TTM)
- 19.7
- Dividend yield
- –
Sba Communications statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Real Estate Investment Trusts companies for comparison
Valuation
| Measure | Sba Communications | Industry median |
|---|---|---|
| Market Cap | $19.42B | $306.75M |
| Enterprise Value | $31.80B | $298.07M |
| PE Ratio | 19.73 | 23.58 |
| PS Ratio | 6.77 | 4.22 |
| P/FCF Ratio | 18.75 | 18.86 |
| P/OCF Ratio | 15.12 | 12.25 |
Enterprise value
| Measure | Sba Communications | Industry median |
|---|---|---|
| EV / Sales | 11.08 | 4.06 |
| EV / EBITDA | 18.84 | 9.44 |
| EV / EBIT | 23.25 | 16.16 |
| EV / FCF | 30.69 | 23.68 |
Income (trailing twelve months)
| Measure | Sba Communications | Industry median |
|---|---|---|
| Revenue | $2.87B | $462.89M |
| Gross Profit | $2.16B | $343.76M |
| Operating Income | $1.37B | -$575.50K |
| Pretax Income | $1.19B | $15.47M |
| Net Income | $990.71M | $5.29M |
| EBITDA | $1.69B | $7.15M |
| EPS (Diluted) | $9.28 | $0.51 |
Margins
| Measure | Sba Communications | Industry median |
|---|---|---|
| Gross Margin | 75.2% | 60.8% |
| Operating Margin | 47.6% | 21.8% |
| Pretax Margin | 41.4% | 13.2% |
| Profit Margin | 34.5% | 10.6% |
| EBITDA Margin | 58.8% | 46.5% |
| FCF Margin | 36.1% | 17.0% |
Returns
| Measure | Sba Communications | Industry median |
|---|---|---|
| Return on Assets (ROA) | 8.80% | 1.89% |
| Return on Invested Capital (ROIC) | 15.2% | 8.05% |
| Return on Capital Employed (ROCE) | 18.5% | -0.75% |
Growth
| Measure | Sba Communications | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 5.36% | 4.40% |
| Net Income Growth (YoY) | 12.7% | 12.0% |
| EPS Growth (YoY) | 14.0% | 9.29% |
| FCF Growth (YoY) | 293.7% | 4.12% |
| Revenue Growth (3Y CAGR) | 2.25% | 4.15% |
| Revenue Growth (5Y CAGR) | 6.21% | 7.74% |
| EPS Growth (3Y CAGR) | 32.4% | -0.11% |
| EPS Growth (5Y CAGR) | 115.7% | 6.21% |
Balance sheet
| Measure | Sba Communications | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $355.94M | $1.13M |
| Total Debt | $12.73B | $142.33M |
| Net Cash (Debt) | -$12.37B | $863.61K |
| Net Cash Per Share | -$116.63 | $0.04 |
| Equity (Book Value) | -$4.63B | -$35.82K |
| Book Value Per Share | -$43.64 | -$0.00 |
| Tangible Book Value | -$7.50B | -$75.49K |
| Working Capital | -$3.59B | $316.69K |
Financial position
| Measure | Sba Communications | Industry median |
|---|---|---|
| Current Ratio | 0.17 | 2.04 |
| Quick Ratio | 0.12 | 1.62 |
| Debt / EBITDA | 7.54 | 3.49 |
| Debt / FCF | 12.29 | 8.34 |
| Net Debt / EBITDA | 7.33 | 3.23 |
Cash flow (trailing twelve months)
| Measure | Sba Communications | Industry median |
|---|---|---|
| Operating Cash Flow | $1.28B | $15.25M |
| Capital Expenditures | -$248.27M | -$91.50M |
| Free Cash Flow | $1.04B | $105.13M |
| FCF Per Share | $9.77 | $1.15 |
Efficiency
| Measure | Sba Communications | Industry median |
|---|---|---|
| Asset Turnover | 0.26 | 0.13 |
| Revenue Per Employee | $1.56M | $2.44M |
| Profits Per Employee | $537.26K | $148.73K |
| Employee Count | 1,844 | 188 |
Dividends and yields
| Measure | Sba Communications | Industry median |
|---|---|---|
| Earnings Yield | 5.10% | 1.97% |
| FCF Yield | 5.33% | 3.67% |
| Payout Ratio | 51.0% | 120.7% |
| FCF Payout Ratio | 48.8% | 59.2% |
Shares
| Measure | Sba Communications | Industry median |
|---|---|---|
| Shares Outstanding | 106,088,000 | 30,666,700 |
| Shares Change (YoY) | -1.25% | 0.70% |
| Shares Change (QoQ) | 0.02% | 0.01% |
| Float | 105,423,000 | 24,958,300 |
| Shares Held by Insiders | 0.63% | 17.3% |
| Shares Held by Institutions | 98.9% | 68.7% |
Taxes
| Measure | Sba Communications | Industry median |
|---|---|---|
| Income Tax | $197.61M | $279.50K |
| Effective Tax Rate | 16.6% | 2.25% |
Scores
| Measure | Sba Communications | Industry median |
|---|---|---|
| Altman Z-Score | 0.12 | 7.38 |
| Piotroski F-Score | 6 | 5 |
| Beneish M-Score | -2.34 | -2.58 |
Calculated by StockData from Sba Communications's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.