Full history for every metric is available with a Kvantra account
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 2,083 | 2,309 | 2,633 | 2,712 | 2,680 | 2,815 | 2,852 | 2,848 |
| Operating profit | $m | 1,370 | 1,452 | ||||||
| Net profit | $m | 24 | 238 | 461 | 502 | 750 | 1,054 | 985 | 833 |
| EPS reported | $ | 9.80 | 9.27 | ||||||
| Operating cashflow per share | $ | 12.05 | 12.25 | ||||||
| Capex per share | $ | 2.10 | 2.34 | ||||||
| FCF per share | $ | 9.95 | 9.91 | ||||||
| Free cash flow | $m | 1,067 | 1,045 | ||||||
| Net debt | $m | 12,756 | 12,478 | ||||||
| Book value equity | $m | -4,854 | -4,835 | ||||||
| Book value per share | $ | -45.14 | -45.76 | ||||||
| Number of shares | m | 107.53 | 105.66 | ||||||
| DPS (TTM paid) | $ | 4.44 | 6.11 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 19.74 | 20.50 | ||||||
| P/B LTM | x | -4.27 | -4.10 | ||||||
| P/S LTM | x | 7.37 | 6.96 | ||||||
| P/FCF LTM | x | 19.44 | 18.99 | ||||||
| EV/EBITDA LTM | x | 17.79 | 16.15 | ||||||
| EV/Sales LTM | x | 12.65 | 11.33 | ||||||
| Earnings Yield LTM | % | 5.07% | 4.88% | ||||||
| FCF Yield | % | 5.14% | 5.27% | ||||||
| Quality | |||||||||
| ROE | % | -21.71% | -20.67% | ||||||
| ROIC | % | 10.05% | 11.90% | ||||||
| Operating margin | % | 48.67% | 50.90% | ||||||
| Gross margin | % | 41.61% | 64.30% | ||||||
| FCF/Sales | % | 37.88% | 36.64% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +41.21% | +16.60% | ||||||
| Sales Growth YoY | % | +5.06% | +2.26% | ||||||
| Net Income Growth YoY | % | +40.57% | +14.96% | ||||||
| FCF Growth | % | -3.63% | -3.22% | ||||||
| Operating Profit Growth | % | -4.57% | +1.78% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 2.31% | 3.22% | ||||||
| Dividend Growth | % | +13.27% | +12.61% | ||||||
| Payout Ratio | % | 45.45% | 52.57% | ||||||
| FCF/Debt | x | 0.07 | 0.07 | ||||||
| Net Debt/EBITDA | x | 7.44 | 7.41 | ||||||
| EBIT/Net interest | x | 2.93 | 2.80 | ||||||
| Net debt/market cap | % | 61.51% | 62.88% | ||||||
| Net debt/Equity | x | -2.63 | -2.58 | ||||||
| Gross debt/equity | x | -3.16 | -3.15 | ||||||
ETFs that hold SBA Communications
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| Global X - Data Center & Digital Infrastructure ETF | DTCR | 5 | 5.17% |
| Cohen & Steers Real Estate Active ETF | CSRE | 9 | 3.25% |
| Global X - Data Center REITs & Digital Infrastructure UCITS ETF | VPN.L | 5 | 5.14% |
| iShares U.S. Digital Infrastructure and Real Estate ETF | IDGT | 3 | 8.63% |
| Pacer Data & Infrastructure Real Estate ETF | SRVR | 5 | 5.06% |
Funds with SBA Communications among their ten largest holdings, largest fund first.
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
SBA Communications Corporation (SBAC)
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| Global X - Data Center & Digital Infrastructure ETF | DTCR | 5 | 5.17% |
| Cohen & Steers Real Estate Active ETF | CSRE | 9 | 3.25% |
| Global X - Data Center REITs & Digital Infrastructure UCITS ETF | VPN.L | 5 | 5.14% |
| iShares U.S. Digital Infrastructure and Real Estate ETF | IDGT | 3 | 8.63% |
| Pacer Data & Infrastructure Real Estate ETF | SRVR | 5 | 5.06% |
Funds with SBA Communications among their ten largest holdings, largest fund first.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.
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