SBAC — SBA COMMUNICATIONS CORP

Nasdaq · Real Estate · Equity Real Estate Investment Trusts (REITs) · CIK 1034054 ·
Last close
$204.78
Market Cap
$21.72B
52W High
$223.11
52W Low
$161.43
ADV30
865,760
Next earnings
2026-04-29
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure. It includes towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 46,000 communications sites throughout the Americas and in Africa, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and one of the top Real Estate Investment Trusts (REITs) by market capitalization. SBA Communications Corporation was incorporated in 1989 and is based in Boca Raton, Florida.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 703,438,000 532,102,000 380,238,000 184,830,000 11,720,844,000 269,064,000 16,386,745,000
Dec 2025 719,583,000 544,163,000 389,410,000 370,290,000 11,575,012,000 264,568,000 16,350,269,000
Sep 2025 732,327,000 542,538,000 399,647,000 236,816,000 11,260,239,000 430,306,000 16,117,617,000
Jun 2025 698,981,000 526,885,000 385,899,000 225,794,000 10,766,387,000 275,275,000 15,640,125,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$1,245,238,000
Investing CF
$-1,136,866,000
Financing CF
$-451,054,000
CapEx
$-227,043,000
Dividends Paid
$-491,932,000
Buybacks
$-497,805,000
EPS Diluted TTM
$9.50
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-7,200,856,000
Inventory
Receivables
$250,478,000
ST Investments
$112,061,000
EBIT TTM
$1,711,700,000
Pretax Income TTM
$1,218,127,000
Interest Exp TTM
$493,573,000
Analysts
20

Yahoo Snapshot (yfinance, live)

Total Revenue
$2,854,329,088
EBITDA
$1,827,740,032
Free Cash Flow
$-301,849,504
Enterprise Value
$36,461,338,624
Total Cash
$269,064,000
Total Debt
$15,421,450,240
Shares Out
106,063,017
Trailing EPS
$9.50
Book Value
$-44.80
ROE
ROA
8.6%
Div Yield
2.50%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 2,815,139,000 1,554,271,000 1,053,632,000 11,575,012,000 16,350,269,000 1,291,328,000
Dec 2024 2,679,634,000 1,569,634,000 749,536,000 11,417,336,000 16,473,142,000 1,334,866,000
Dec 2023 2,711,584,000 1,114,717,000 501,812,000 10,178,441,000 15,314,276,000 1,544,393,000
Dec 2022 2,633,454,000 995,375,000 461,429,000 10,585,041,000 15,829,621,000 1,285,700,000

TTM Snapshot

Revenues TTM
$2,615,028,000
NetIncome TTM
$493,760,000
OpCashFlow TTM
$0
Assets (Latest)
$11,417,336,000
Forward EPS
$8.11

Max Pain — expiry 2026-06-18 (volume-derived — Yahoo OI feed degraded)

max pain strike: $150.00 · spot: $204.78 · call volume: 4,820 · put volume: 85
Expected Move to 2026-06-18: ±$12.89 (6.29%) — implied range $191.89$217.67 · ATM straddle on $200.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
EQR EQUITY RESIDENTIAL $25.43B $67.86
ESS ESSEX PROPERTY TRUST, INC. $18.30B $284.78
AVB AVALONBAY COMMUNITIES INC $26.51B $186.85
WY WEYERHAEUSER CO $17.77B $24.65
INVH Invitation Homes Inc. $17.70B $29.80

News headlines (Yahoo Finance, 1h cache)

SBA Communications vs. Crown Castle: Which Real Estate Stock Is a Better Buy in 2026?
2026-06-04 11:53 · Yahoo
A Look At SBA Communications (SBAC) Valuation After Recent Share Price Volatility
2026-06-01 07:09 · Yahoo
SBA Communications (SBAC) Down 7.5% Since Last Earnings Report: Can It Rebound?
2026-05-29 15:30 · Yahoo
5 Strong Buy Passive Income Giants Have Raised Their Dividends by Double Digits for Years
2026-05-26 11:42 · Yahoo
Are Wall Street Analysts Predicting SBA Communications Stock Will Climb or Sink?
2026-05-21 12:08 · Yahoo
Bernstein Lifts American Tower to Outperform With $207 Price Target. Time to Buy the Tower REITs?
2026-05-19 16:05 · Yahoo
SBA Communications Weighs Sale As Valuation Standoff Tests Tower Thesis
2026-05-17 00:18 · Yahoo
Why SBA Communications (SBAC) Has Entered the M&A Conversation
2026-05-12 23:47 · Yahoo
Scotiabank Raises SBA Communications (SBAC) Price Target to $230
2026-05-05 17:51 · Yahoo
Five Dividend Growers Trading at Double-Digit Discounts Despite Strong Fundamentals
2026-05-04 15:18 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.