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SBA Communications Corporation (SBAC)
NASDAQ: SBAC · Real-Time Price · USD
178.59
-2.54 (-1.40%)
Sep 18, 2026, 4:00 PM EDT - Market closed

SBA Communications Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,8712,8152,6802,7122,6332,309
Revenue Growth
5.36%5.06%-1.18%2.97%14.06%10.83%
Net Income
990.721,054749.54501.81461.43237.62
Earnings Per Share
9.289.806.944.614.222.14
EPS Growth
13.92%41.21%50.54%9.24%97.20%919.05%

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Domestic Site Leasing
1,8381,8661,8611,8471,7781,681
International Site Leasing
805.13705.04665.34670.38558.98422.72
Site Development
227.94244.5152.87194.65296.88204.75
Revenue (Total)
2,8712,8152,6802,7122,6332,309

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
327.05264.57189.84208.55143.71367.28
Total Debt
15,20915,33115,75614,46315,17114,523
Net Cash (Debt)
-14,882-15,067-15,566-14,255-15,027-14,155
Net Cash Growth
------
Net Cash Per Share
-139.55-140.11-144.03-130.89-137.38-127.32

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,2841,2911,3351,5441,2861,190
Free Cash Flow
1,2841,2911,3351,5441,2861,190
Free Cash Flow Growth
0.02%-3.26%-13.57%20.12%8.05%5.67%

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
52.73%53.94%56.91%39.65%36.77%35.24%
Pretax Margin
41.45%44.12%28.83%20.23%19.97%10.94%
Profit Margin
34.51%37.43%27.97%18.51%17.52%10.29%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
5.0004.4403.9203.4002.8402.320
Dividend Per Share Growth
12.76%13.26%15.29%19.72%22.41%17.47%
Dividend Yield
2.80%2.34%2.00%1.42%1.09%0.65%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
19.2319.5629.2454.5465.59178.09
PS Ratio
6.607.328.1810.0911.4918.33