Skip to main content
logo
SBA Communications Corporation (SBAC)
NASDAQ: SBAC · Real-Time Price · USD
191.60
+1.25 (0.66%)
At close: Nov 10, 2026, 4:00 PM EST
191.23
-0.37 (-0.19%)
After-hours: Nov 10, 2026, 4:32 PM EST

SBA Communications Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,8522,8152,6802,7122,6332,309
Revenue Growth
2.26%5.06%-1.18%2.97%14.06%10.83%
Net Income
985.211,054749.54501.81461.43237.62
Earnings Per Share
9.289.806.944.614.222.14
EPS Growth
16.72%41.21%50.54%9.24%97.20%919.05%

Revenue by Segment
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Domestic Site Leasing
1,8221,8661,8611,8471,7781,681
International Site Leasing
829.93705.04665.34670.38558.98422.72
Site Development
200.61244.5152.87194.65296.88204.75
Revenue (Total)
2,8522,8152,6802,7122,6332,309

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
417.53264.57189.84208.55143.71367.28
Total Debt
15,25815,33115,75614,46315,17114,523
Net Cash (Debt)
-14,841-15,067-15,566-14,255-15,027-14,155
Net Cash Growth
------
Net Cash Per Share
-139.79-140.11-144.03-130.89-137.38-127.32

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,2981,2911,3351,5441,2861,190
Free Cash Flow
1,2981,2911,3351,5441,2861,190
Free Cash Flow Growth
0.05%-3.26%-13.57%20.12%8.05%5.67%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
52.40%53.94%56.91%39.65%36.77%35.24%
Pretax Margin
40.51%44.12%28.83%20.23%19.97%10.94%
Profit Margin
34.54%37.43%27.97%18.51%17.52%10.29%

Dividends
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '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
12.61%13.26%15.29%19.72%22.41%17.47%
Dividend Yield
2.61%2.28%1.92%1.34%1.01%0.60%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
20.6519.5629.2454.5465.59178.09
PS Ratio
6.987.328.1810.0911.4918.33