SBA Communications Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 2, 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
Market Cap	19,575	20,439	21,921	27,411	30,273	42,386
Market Cap Growth	-20.28%	-6.76%	-20.03%	-9.45%	-28.58%	36.80%
Enterprise Value	34,727	35,572	37,541	41,701	45,332	56,559
Last Close Price	184.56	193.43	203.80	253.69	280.31	389.02
PE Ratio	19.41	19.74	29.37	55.03	66.42	181.79
PS Ratio	6.86	7.26	8.18	10.11	11.50	18.36
PB Ratio	-	-4.21	-4.29	-5.30	-5.74	-8.02
P/FCF Ratio	-	19.16	19.81	20.96	28.26	40.13
P/OCF Ratio	15.72	15.83	16.42	17.75	23.55	35.62
EV/Sales Ratio	12.17	12.64	14.01	15.38	17.21	24.50
EV/EBITDA Ratio	19.00	21.76	22.01	25.43	27.76	38.15
EV/EBIT Ratio	22.86	26.49	26.15	45.15	48.99	72.28
EV/FCF Ratio	-	33.35	33.92	31.89	42.32	53.55
Debt / Equity Ratio	-2.66	-2.74	-2.83	-2.64	-2.84	-2.71
Debt / EBITDA Ratio	9.29	9.37	9.24	8.82	9.29	9.80
Debt / FCF Ratio	15.14	14.36	14.24	11.06	14.16	13.75
Net Debt / Equity Ratio	-3.19	-3.10	-3.05	-2.76	-2.85	-2.68
Net Debt / EBITDA Ratio	9.13	9.21	9.13	8.69	9.20	9.55
Net Debt / FCF Ratio	14.88	14.12	14.07	10.90	14.03	13.40
Asset Turnover	0.25	0.24	0.25	0.26	0.26	0.24
Quick Ratio	0.13	0.16	0.19	0.29	0.47	0.76
Current Ratio	0.23	0.29	1.10	0.36	0.69	1.00
Return on Equity (ROE)	-21.64%	-21.45%	-14.69%	-9.58%	-8.75%	-4.72%
Return on Assets (ROA)	9.72%	9.92%	12.88%	8.07%	7.94%	7.77%
Return on Invested Capital (ROIC)	13.11%	12.31%	15.09%	8.96%	8.48%	8.30%
Return on Capital Employed (ROCE)	15.64%	14.50%	15.58%	9.88%	9.70%	8.83%
Earnings Yield	5.20%	5.07%	3.41%	1.82%	1.51%	0.55%
FCF Yield	-	5.22%	5.05%	4.77%	3.54%	2.49%
Dividend Yield	2.71%	2.31%	1.93%	1.35%	1.01%	0.60%
Payout Ratio	49.63%	45.46%	56.59%	73.72%	66.48%	106.72%
Buyback Yield / Dilution	0.87%	0.51%	0.76%	0.44%	1.61%	2.02%
Total Shareholder Return	3.58%	2.82%	2.69%	1.79%	2.62%	2.61%

SEC Filings: 10-K · 10-Q