SBA Communications Corporation
SBA Communications Corporation Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | -17,167 | 19.7 | -4.18 | -1.98 | 17,622.73 |
| Oct 2026 | -15,471 | 19.9 | -4.22 | -3.16 | 17,643.07 |
| Oct 2026 | -23,279 | 19.6 | -4.17 | -3.16 | 17,316.34 |
| Oct 2026 | -23,241 | 19.5 | -4.14 | -3.16 | 17,157.96 |
| Oct 2026 | -23,343 | 19.9 | -4.21 | -3.16 | 17,446.24 |
| Oct 2026 | -23,456 | 20.2 | -4.29 | -3.16 | 17,717.38 |
| Oct 2026 | -23,322 | 19.8 | -4.20 | -3.16 | 17,359.93 |
| Oct 2026 | -23,250 | 19.5 | -4.15 | -3.16 | 17,158.92 |
| Oct 2026 | -22,994 | 18.7 | -3.97 | -3.16 | 16,401.49 |
| Oct 2026 | -23,162 | 19.2 | -4.09 | -3.16 | 16,838.38 |
| Oct 2026 | -23,378 | 19.9 | -4.23 | -3.16 | 17,511.01 |
SBA Communications Corporation Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 715,274,000.0 | 703,438,000.0 | 719,583,000.0 | 732,327,000.0 |
| Net Profit | 198,777,000.0 | 184,830,000.0 | 370,290,000.0 | 236,816,000.0 |
| EPS | 1.9 | 1.8 | 3.5 | 2.2 |
SBA Communications Corporation Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 2,815,139,000.0 | 2,679,634,000.0 | 2,711,584,000.0 | 2,633,454,000.0 | — |
| Net Profit | 1,053,632,000.0 | 749,536,000.0 | 501,812,000.0 | 461,429,000.0 | — |
| EPS | 9.8 | 7.0 | 4.6 | 4.3 | — |
SBA Communications Corporation Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 11,575,012,000.0 | 11,417,336,000.0 | 10,178,441,000.0 | 10,585,041,000.0 | — |
| Total Liabilities | 16,350,269,000.0 | 16,473,142,000.0 | 15,314,276,000.0 | 15,829,621,000.0 | — |
| Total Equity | -4,853,519,000.0 | -5,109,938,000.0 | -5,170,882,000.0 | -5,276,315,000.0 | — |
Owes vs Owns
SBA Communications Corporation owed $1.39 for every $1 it owned in Jun 2026, down from $1.50 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 1.39× | 1.41× | 1.44× | 1.50× | 1.50× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
SBA Communications Corporation Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
How it's funded — Dec 2025
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 271.2 | 444.4 | 209.6 | 145.0 |
| Receivables | 263.8 | 284.5 | 202.1 | 264.4 |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 |
| Fixed assets (tangible) | 7,267.5 | 6,392.8 | 6,426.1 | 6,603.5 |
| Intangible assets | 2,882.1 | 2,388.7 | 2,455.6 | 2,776.5 |
| Long-term investments | 21.1 | 20.8 | 24.5 | 40.7 |
| Other assets | 869.4 | 1,886.1 | 860.5 | 754.9 |
| Liabilities & equity | ||||
| Short-term debt | 1,935.8 | 1,187.9 | 643.1 | 24.0 |
| Long-term debt | 10,964.5 | 12,403.8 | 11,681.2 | 12,844.2 |
| Payables | 73.0 | 59.5 | 42.2 | 51.4 |
| Other liabilities | 3,377.0 | 2,821.9 | 2,947.8 | 2,910.0 |
| Shareholders' equity | -4,775.3 | -5,055.8 | -5,135.8 | -5,244.6 |
| Net tangible assets | -7,735.6 | -7,498.6 | -7,626.5 | -8,052.8 |
SBA Communications Corporation Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | 1,291,328,000.0 | 1,334,866,000.0 | 1,544,393,000.0 | 1,285,700,000.0 | — |
| Investing Activities | -601,829,000.0 | -809,310,000.0 | -468,246,000.0 | -1,393,654,000.0 | — |
| Financing Activities | -1,663,575,000.0 | 645,742,000.0 | -1,017,218,000.0 | -135,474,000.0 | — |