SBA Communications Corporation (SBAC)

SBA Communications Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	7,021	6,393	6,426	6,603	5,808	5,051
Cash & Equivalents	275.28	189.84	208.55	143.71	367.28	308.56
Accounts Receivable	186.7	164.89	199	263.92	150.79	108.88
Other Receivables	2.87	4.36	2.1	-	-	-
Investment In Debt and Equity Securities	27.85	325.9	130.26	224.89	108.99	69.7
Other Intangible Assets	2,580	2,389	2,456	2,776	2,803	3,156
Restricted Cash	20.76	1,207	38.13	41.96	65.56	31.67
Other Current Assets	36.65	43.16	34.42	31.82	30.04	23.88
Deferred Long-Term Tax Assets	47.4	53.97	67.47	16.17	51.92	53.72
Deferred Long-Term Charges	9.39	8.84	8.71	7.75	6.35	4.79
Other Long-Term Assets	558.57	638.2	608.1	474.9	409.17	349.78
Total Assets	10,766	11,417	10,178	10,585	9,802	9,158
Current Portion of Long-Term Debt	772.18	1,188	643.15	24	24	24
Current Portion of Leases	289.47	261.02	273.46	262.37	238.5	236.04
Long-Term Debt	11,752	12,404	11,681	12,844	12,279	11,072
Long-Term Leases	2,005	1,903	1,866	2,041	1,981	2,094
Accounts Payable	60.82	59.55	42.2	51.43	34.07	109.97
Accrued Expenses	139.09	118.74	127.54	122.5	109.87	111.31
Current Unearned Revenue	128.05	132.6	241.27	179.74	190.03	114.91
Other Current Liabilities	40.1	38.12	35.64	56.73	19.86	18.58
Long-Term Deferred Tax Liabilities	-	85.17	119.21	60.94	70.73	82.29
Other Long-Term Liabilities	454.2	282.77	284.95	187.13	120.75	103.96
Total Liabilities	15,640	16,473	15,314	15,830	15,068	13,967
Common Stock	1.08	1.08	1.08	1.08	1.09	1.1
Additional Paid-In Capital	3,023	2,975	2,894	2,795	2,681	2,586
Retained Earnings	-7,251	-7,326	-7,451	-7,482	-7,204	-6,604
Comprehensive Income & Other	-711.55	-760.28	-615.2	-590.51	-762.31	-807.58
Total Common Equity	-4,939	-5,110	-5,171	-5,276	-5,283	-4,824
Minority Interest	65.16	54.13	35.05	31.74	17.25	15.19
Shareholders' Equity	-4,874	-5,056	-5,136	-5,245	-5,266	-4,809
Total Liabilities & Equity	10,766	11,417	10,178	10,585	9,802	9,158
Total Debt	14,818	15,756	14,463	15,171	14,523	13,426
Net Cash (Debt)	-14,543	-15,566	-14,255	-15,027	-14,155	-13,118
Net Cash Per Share	-134.67	-144.03	-130.89	-137.38	-127.32	-115.61
Filing Date Shares Outstanding	107.38	107.62	108.11	108.04	107.92	109.32
Total Common Shares Outstanding	107.49	107.56	108.05	108	108.96	109.82
Book Value Per Share	-45.95	-47.51	-47.86	-48.86	-48.49	-43.93
Tangible Book Value	-7,519	-7,499	-7,626	-8,053	-8,087	-7,981
Tangible Book Value Per Share	-69.95	-69.72	-70.58	-74.56	-74.22	-72.67
Land	1,010	1,013	941.36	889.29	848.05	818.27
Construction In Progress	73.37	72.2	105.63	77.56	47.57	38.07

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q