SBA COMMUNICATIONS CORP
SBACNasdaq · SIC 6798
$185.69
↑ +0.4%Jul 17 close · end-of-day
Price
1Y↓ -18.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$19.7B
Enterprise Value
$32.3B
P/E
19.5
P/S
6.9
P/B
—
EV/EBITDA
19.5
PEG
0.6
FCF Yield
5.2%
Dividend Yield
—
Revenue (TTM)
$2.9B
Net Income (TTM)
$1.0B
Free Cash Flow (TTM)
$1.0B
Gross Margin
75.2%
Operating Margin
47.3%
Net Margin
35.7%
ROE
-21.4%
ROIC
14.5%
Debt / Equity
-2.7
Net Cash
-$12.6B
Return 1Y
-18.4%
Company profile
SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. SBA generates revenue from two primary businesses: site leasing and site development services.
- CEO
- Jeffrey A. Stoops
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Employees
- 1,830
- Headquarters
- Florida
- Website
- sbasite.com
Management & directors
- Cane Richard MEVP; PRES. - INTERNATIONAL
- Cavanagh Brendan ThomasPRESIDENT AND CEO
- Ciarfella Mark REVP - OPERATIONS
- Day DonaldEVP - SITE LEASING
- Koenig JoshuaEXECUTIVE VP/GENERAL COUNSEL
- Kredi SaulVP & Chief Accounting Officer
- Montagner MarcEVP - CHIEF FINANCIAL OFFICER
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-07-29
SBAC Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$703.4M↑ +5.9%
Diluted EPS$1.74↓ -14.7%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.1B | $2.3B | $2.6B | $2.7B | $2.7B | $2.8B |
| Gross profit | $1.6B | $1.8B | $2.0B | $2.1B | $2.1B | $2.1B |
| Operating income | $633.7M | $782.5M | $925.4M | $923.7M | $1.4B | $1.3B |
| Net income | $24.1M | $237.6M | $461.4M | $501.8M | $749.5M | $1.1B |
| Diluted EPS | $0.21 | $2.14 | $4.22 | $4.61 | $6.94 | $9.80 |
| Operating cash flow | $1.1B | $1.2B | $1.3B | $1.5B | $1.3B | $1.3B |
| Free cash flow | $997.5M | $1.1B | $1.1B | $1.3B | $1.1B | $1.1B |
| Gross margin | 77.1% | 76.4% | 74.6% | 77.4% | 78.3% | 75.5% |
| Operating margin | 30.4% | 33.9% | 35.1% | 34.1% | 53.6% | 47.7% |
| Net margin | 1.2% | 10.3% | 17.5% | 18.5% | 28.0% | 37.4% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $660.5M | $667.6M | $693.7M | $664.2M | $699.0M | $732.3M | $719.6M | $703.4M |
| Gross profit | $519.2M | $517.3M | $541.6M | $510.6M | $526.9M | $542.5M | $544.2M | $532.1M |
| Operating income | $354.5M | $375.6M | $382.3M | $334.9M | $334.8M | $374.2M | $298.9M | $342.8M |
| Net income | $162.8M | $258.5M | $173.6M | $220.7M | $225.8M | $236.8M | $370.3M | $184.8M |
| Diluted EPS | $1.51 | $2.40 | $1.61 | $2.04 | $2.09 | $2.20 | $3.47 | $1.74 |
| Operating cash flow | $425.6M | $304.7M | $310.2M | $301.2M | $368.1M | $318.0M | $304.0M | $255.1M |
| Free cash flow | $375.6M | $239.9M | $254.6M | $255.0M | $312.2M | $258.0M | $241.3M | $206.7M |
| Gross margin | 78.6% | 77.5% | 78.1% | 76.9% | 75.4% | 74.1% | 75.6% | 75.6% |
| Operating margin | 53.7% | 56.3% | 55.1% | 50.4% | 47.9% | 51.1% | 41.5% | 48.7% |
| Net margin | 24.7% | 38.7% | 25.0% | 33.2% | 32.3% | 32.3% | 51.5% | 26.3% |
Company news
Jul 16, 2026
Jul 9, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-13 | BERNSTEIN STEVEN E | Tax withholding | 1,496 | $213.61 | $319,560.56 | filing |
| 2026-05-13 | LANGER JACK | Tax withholding | 1,496 | $213.61 | $319,560.56 | filing |
| 2026-05-13 | BEEBE KEVIN L | Tax withholding | 1,492 | $213.61 | $318,706.12 | filing |
| 2026-05-13 | BEEBE KEVIN L | Option exercise | 1,501 | $212.31 | $318,677.31 | filing |
| 2026-05-13 | LANGER JACK | Option exercise | 1,501 | $212.31 | $318,677.31 | filing |
| 2026-05-13 | BERNSTEIN STEVEN E | Option exercise | 1,501 | $212.31 | $318,677.31 | filing |
| 2026-05-13 | Krouse George R Jr | Tax withholding | 500 | $213.61 | $106,805.00 | filing |
| 2026-05-13 | Krouse George R Jr | Option exercise | 501 | $212.31 | $106,367.31 | filing |
| 2026-05-01 | BOWEN LAURIE | Tax withholding | 326 | $221.20 | $72,104.12 | filing |
| 2026-05-01 | LANGER JACK | Tax withholding | 326 | $221.20 | $72,104.12 | filing |
| 2026-05-01 | Johnson Jay LeCoryelle | Tax withholding | 326 | $221.20 | $72,104.12 | filing |
| 2026-05-01 | Krouse George R Jr | Tax withholding | 326 | $221.20 | $72,104.12 | filing |
| 2026-05-01 | Chan Mary S | Tax withholding | 326 | $221.20 | $72,104.12 | filing |
| 2026-05-01 | Chan Mary S | Option exercise | 248 | — | — | filing |
| 2026-05-01 | Chan Mary S | Option exercise | 302 | — | — | filing |
| 2026-05-01 | Chan Mary S | Option exercise | 331 | — | — | filing |
| 2026-05-01 | Johnson Jay LeCoryelle | Option exercise | 248 | — | — | filing |
| 2026-05-01 | Johnson Jay LeCoryelle | Option exercise | 302 | — | — | filing |
| 2026-05-01 | Johnson Jay LeCoryelle | Option exercise | 331 | — | — | filing |
| 2026-05-01 | BOWEN LAURIE | Option exercise | 248 | — | — | filing |
| 2026-05-01 | BOWEN LAURIE | Option exercise | 302 | — | — | filing |
| 2026-05-01 | BOWEN LAURIE | Option exercise | 331 | — | — | filing |
| 2026-05-01 | Wilson Amy E | Option exercise | 248 | — | — | filing |
| 2026-05-01 | Wilson Amy E | Option exercise | 302 | — | — | filing |
| 2026-05-01 | Wilson Amy E | Option exercise | 331 | — | — | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.