SBA Communications Corporation (SBAC)
NASDAQ: SBAC · Real-Time Price · USD
183.05
-1.81 (-0.98%)
Nov 3, 2026, 12:49 PM EST - Market open
SBA Communications Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Rental Revenue | 2,652 | 2,571 | 2,527 | 2,517 | 2,337 | 2,104 |
Other Revenue | 200.61 | 244.5 | 152.87 | 194.65 | 296.88 | 204.75 |
| 2,852 | 2,815 | 2,680 | 2,712 | 2,633 | 2,309 | |
Revenue Growth (YoY | 2.26% | 5.06% | -1.18% | 2.97% | 14.06% | 10.83% |
Property Expenses | 725.96 | 718.29 | 607.67 | 634.29 | 695.46 | 573.11 |
Selling, General & Administrative | 289.59 | 276.74 | 259.42 | 267.94 | 261.85 | 220.03 |
Depreciation & Amortization | 327.51 | 292.29 | 269.52 | 716.31 | 707.58 | 700.16 |
Other Operating Expenses | 9.47 | 9.47 | 17.96 | 17.91 | 0.33 | 1.88 |
Total Operating Expenses | 1,353 | 1,297 | 1,155 | 1,636 | 1,665 | 1,495 |
Operating Income | 1,500 | 1,518 | 1,525 | 1,075 | 968.24 | 813.66 |
Interest Expense | -514.24 | -498.63 | -448.7 | -456.51 | -419.73 | -419.59 |
Interest & Investment Income | 25.96 | 31.68 | 41.96 | 18.31 | 10.13 | 3.45 |
Currency Exchange Gain (Loss) | 121.5 | 121.5 | -236.5 | - | - | - |
Other Non-Operating Income | -27.56 | 36.31 | -13.92 | 63.05 | 10.47 | -74.28 |
EBT Excluding Unusual Items | 1,105 | 1,209 | 867.91 | 699.98 | 569.11 | 323.23 |
Gain (Loss) on Sale of Assets | 208.4 | 208.4 | - | - | - | - |
Asset Writedown | -138.32 | -175.57 | -89.3 | -151.48 | -42.83 | -31.16 |
Other Unusual Items | -20.08 | - | -5.94 | - | -0.44 | -39.5 |
Pretax Income | 1,155 | 1,242 | 772.67 | 548.5 | 525.84 | 252.56 |
Income Tax Expense | 171.19 | 187.58 | 23.99 | 51.09 | 66.04 | 14.94 |
Earnings From Continuing Operations | 984.16 | 1,054 | 748.68 | 497.42 | 459.8 | 237.62 |
Minority Interest in Earnings | 1.05 | -0.82 | 0.86 | 4.4 | 1.63 | - |
Net Income | 985.21 | 1,054 | 749.54 | 501.81 | 461.43 | 237.62 |
Net Income to Common | 985.21 | 1,054 | 749.54 | 501.81 | 461.43 | 237.62 |
Net Income Growth | 14.96% | 40.57% | 49.37% | 8.75% | 94.19% | 885.83% |
Basic Shares Outstanding | 106 | 107 | 108 | 108 | 108 | 109 |
Diluted Shares Outstanding | 106 | 108 | 108 | 109 | 109 | 111 |
Shares Change | -1.60% | -0.51% | -0.76% | -0.44% | -1.61% | -2.02% |
EPS (Basic) | 9.30 | 9.83 | 6.96 | 4.64 | 4.27 | 2.17 |
EPS (Diluted) | 9.28 | 9.80 | 6.94 | 4.61 | 4.22 | 2.14 |
EPS Growth | 16.72% | 41.21% | 50.54% | 9.24% | 97.20% | 919.05% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Dividend Per Share | 1.110 | 4.440 | 3.920 | 3.400 | 2.840 | 2.320 |
Dividend Growth | -74.25% | 13.26% | 15.29% | 19.72% | 22.41% | 17.47% |
Operating Margin | 52.58% | 53.94% | 56.91% | 39.65% | 36.77% | 35.24% |
Profit Margin | 34.54% | 37.43% | 27.97% | 18.51% | 17.52% | 10.29% |
EBITDA | 1,827 | 1,811 | 1,795 | 1,791 | 1,676 | 1,514 |
EBITDA Margin | 64.06% | 64.32% | 66.97% | 66.07% | 63.64% | 65.57% |
D&A For Ebitda | 327.51 | 292.29 | 269.52 | 716.31 | 707.58 | 700.16 |
EBIT | 1,500 | 1,518 | 1,525 | 1,075 | 968.24 | 813.66 |
EBIT Margin | 52.58% | 53.94% | 56.91% | 39.65% | 36.77% | 35.24% |
Effective Tax Rate | 14.82% | 15.10% | 3.10% | 9.31% | 12.56% | 5.92% |
Revenue as Reported | 2,852 | 2,815 | 2,680 | 2,712 | 2,633 | 2,309 |