SBA Communications Corporation (SBAC)
NASDAQ: SBAC · Real-Time Price · USD
181.42
-5.32 (-2.85%)
Sep 10, 2026, 4:00 PM EDT - Market closed
SBA Communications Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property, Plant & Equipment | 7,477 | 7,267 | 6,393 | 6,426 | 6,603 | 5,808 |
Cash & Equivalents | 327.05 | 264.57 | 189.84 | 208.55 | 143.71 | 367.28 |
Accounts Receivable | 200.55 | 199.41 | 164.89 | 199 | 263.92 | 150.79 |
Other Receivables | 3.23 | 0.61 | 4.36 | 2.1 | - | - |
Investment In Debt and Equity Securities | 70.7 | 34.15 | 325.9 | 130.26 | 224.89 | 108.99 |
Other Intangible Assets | 2,868 | 2,882 | 2,389 | 2,456 | 2,776 | 2,803 |
Loans Receivable Current | 64.02 | 63.78 | 115.28 | - | - | - |
Restricted Cash | 29.01 | 167.8 | 1,207 | 38.13 | 41.96 | 65.56 |
Other Current Assets | 92.02 | 70.61 | 43.16 | 34.42 | 31.82 | 30.04 |
Deferred Long-Term Tax Assets | 33.66 | 35.72 | 53.97 | 67.47 | 16.17 | 51.92 |
Deferred Long-Term Charges | 10.14 | 9.97 | 8.84 | 8.71 | 7.75 | 6.35 |
Other Long-Term Assets | 567.27 | 578.81 | 522.92 | 608.1 | 474.9 | 409.17 |
Total Assets | 11,742 | 11,575 | 11,417 | 10,178 | 10,585 | 9,802 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Current Portion of Long-Term Debt | 3,579 | 1,936 | 1,188 | 643.15 | 24 | 24 |
Current Portion of Leases | 306.79 | 299.6 | 261.02 | 273.46 | 262.37 | 238.5 |
Long-Term Debt | 9,151 | 10,977 | 12,404 | 11,681 | 12,844 | 12,279 |
Long-Term Leases | 2,173 | 2,119 | 1,903 | 1,866 | 2,041 | 1,981 |
Accounts Payable | 70.06 | 73.03 | 59.55 | 42.2 | 51.43 | 34.07 |
Accrued Expenses | 151.81 | 143.07 | 118.74 | 127.54 | 122.5 | 109.87 |
Current Unearned Revenue | 161.49 | 124.49 | 132.6 | 241.27 | 179.74 | 190.03 |
Other Current Liabilities | 67.93 | 102.3 | 38.12 | 35.64 | 56.73 | 19.86 |
Long-Term Deferred Tax Liabilities | - | 317.11 | 85.17 | 119.21 | 60.94 | 70.73 |
Other Long-Term Liabilities | 626.61 | 258.87 | 282.77 | 284.95 | 187.13 | 120.75 |
Total Liabilities | 16,287 | 16,350 | 16,473 | 15,314 | 15,830 | 15,068 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 1.06 | 1.06 | 1.08 | 1.08 | 1.08 | 1.09 |
Additional Paid-In Capital | 3,113 | 3,059 | 2,975 | 2,894 | 2,795 | 2,681 |
Retained Earnings | -7,136 | -7,250 | -7,326 | -7,451 | -7,482 | -7,204 |
Comprehensive Income & Other | -608.02 | -664.1 | -760.28 | -615.2 | -590.51 | -762.31 |
Total Common Equity | -4,630 | -4,854 | -5,110 | -5,171 | -5,276 | -5,283 |
Minority Interest | 85.2 | 78.26 | 54.13 | 35.05 | 31.74 | 17.25 |
Shareholders' Equity | -4,545 | -4,775 | -5,056 | -5,136 | -5,245 | -5,266 |
Total Liabilities & Equity | 11,742 | 11,575 | 11,417 | 10,178 | 10,585 | 9,802 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 15,209 | 15,331 | 15,756 | 14,463 | 15,171 | 14,523 |
Net Cash (Debt) | -14,882 | -15,067 | -15,566 | -14,255 | -15,027 | -14,155 |
Net Cash (Debt) Growth | - | - | - | - | - | - |
Net Cash Per Share | -139.55 | -140.11 | -144.03 | -130.89 | -137.38 | -127.32 |
Filing Date Shares Outstanding | 106.09 | 105.79 | 107.62 | 108.11 | 108.04 | 107.92 |
Total Common Shares Outstanding | 106.09 | 105.67 | 107.56 | 108.05 | 108 | 108.96 |
Book Value Per Share | -43.64 | -45.93 | -47.51 | -47.86 | -48.86 | -48.49 |
Tangible Book Value | -7,498 | -7,736 | -7,499 | -7,626 | -8,053 | -8,087 |
Tangible Book Value Per Share | -70.67 | -73.21 | -69.72 | -70.58 | -74.56 | -74.22 |
Land | 1,006 | 985.02 | 1,013 | 941.36 | 889.29 | 848.05 |
Construction In Progress | 83.04 | 72.79 | 72.2 | 105.63 | 77.56 | 47.57 |