SBA Communications Corporation Website

SBA Communications Corporation

NasdaqGS-SBAC

Basic

  • Market Cap

    $22.68B

  • EV

    $36.91B

  • Shares Out

    107.44M

  • Revenue

    $2,693.93M

  • Employees

    1,787

Margins

  • Gross

    77.38%

  • EBITDA

    66.79%

  • Operating

    44.13%

  • Pre-Tax

    21.38%

  • Net

    20.61%

  • FCF

    44.66%

Returns (5Yr Avg)

  • ROA

    2.75%

  • ROTA

    -3.48%

  • ROE

    -5.53%

  • ROCE

    9.36%

  • ROIC

    5.79%

Valuation (TTM)

  • P/E

    —

  • P/B

    —

  • P/FFO

    —

  • P/Adjusted FFO

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

  • EV/Gross Profit

    —

Valuation (NTM)

  • Price Target

    $241.75

  • P/E

    —

  • PEG

    —

  • P/FFO

    —

  • P/Adjusted FFO

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

Financial Health

  • Cash

    $240.31M

  • Net Debt

    $14.19B

  • Debt/Equity

    -2.78

  • EBIT/Interest

    2.66

Growth (CAGR)

  • Rev 3Yr

    8.4%

  • Rev 5Yr

    7.22%

  • Rev 10Yr

    7.25%

  • Dil EPS 3Yr

    60.45%

  • Dil EPS 5Yr

    69.49%

  • Dil EPS 10Yr

    35.16%

  • Rev Fwd 2Yr

    0.58%

  • EBITDA Fwd 2Yr

    1.75%

  • EPS Fwd 2Yr

    38.29%

  • EPS LT Growth Est

    19.36%

Dividends

  • Yield

    —

  • Payout

    68.8%

  • DPS

    $3.53

  • DPS Growth 3Yr

    19.09%

  • DPS Growth 5Yr

    —

  • DPS Growth 10Yr

    —

  • DPS Growth Fwd 2Yr

    15.95%

Select a metric from the list below to chart it

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

Dec '23

LTM

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Metric
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

1,860.9

1,954.5

2,104.1

2,336.6

2,516.9

2,527.9

Other Revenues, Total

153.8

128.7

204.7

296.9

194.6

166

Total Revenues

2,014.6

2,083.1

2,308.8

2,633.5

2,711.6

2,693.9

Total Revenues % Chg.

8%

3.4%

10.8%

14.1%

3%

0.2%

Cost of Goods Sold, Total

508.3

493.1

573.1

695.5

634.3

609.3

Gross Profit

1,506.4

1,590

1,735.7

1,938

2,077.3

2,084.6

Selling General & Admin Expenses, Total

192.7

194.3

220

259.8

267.1

263.7

Depreciation & Amortization

697.1

722

700.2

707.6

716.3

610.6

Other Operating Expenses

3.2

1.1

1.9

2.4

18.7

21.5

Other Operating Expenses, Total

892.9

917.3

922.1

969.8

1,002.2

895.9

Operating Income

613.4

672.7

813.7

968.2

1,075.1

1,188.7

Interest Expense, Total

-415.7

-412.8

-419.6

-419.7

-456.5

-446.2

Interest And Investment Income

5.5

3

3.4

10.1

18.3

22.8

Net Interest Expenses

-410.2

-409.8

-416.1

-409.6

-438.2

-423.4

Currency Exchange Gains (Loss)

—

—

—

—

—

-20.3

81.2

81.6

Other Non Operating Income (Expenses)

14.1

-222.2

-74.3

30.8

-10.5

-93.2

EBT, Excl. Unusual Items

217.3

40.7

323.2

569.1

707.6

753.8

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Assets

—

—

—

—

—

—

—

—

-7.6

-7.6

Asset Writedown

-29.9

-39

-31.2

-42.8

-151.5

-165.8

Other Unusual Items

-0.5

-19.5

-39.5

-0.4

—

-4.4

EBT, Incl. Unusual Items

186.9

-17.7

252.6

525.8

548.5

575.9

Income Tax Expense

39.6

-41.8

14.9

66

51.1

24.5

Earnings From Continuing Operations

147.3

24

237.6

459.8

497.4

551.4

Minority Interest

—

—

—

—

—

-0.3

0.1

—

1.6

4.4

3.7

Net Income

147

24.1

237.6

461.4

501.8

555.1

Net Income to Common Incl Extra Items

147

24.1

237.6

461.4

501.8

555.1

Net Income to Common Excl. Extra Items

147

24.1

237.6

461.4

501.8

555.1

Total Shares Outstanding

111.8

109.8

109

108

108.1

107.9

Weighted Avg. Shares Outstanding

112.8

111.5

109.3

108

108.2

108.2

Weighted Avg. Shares Outstanding Dil

114.7

113.5

111.2

109.4

108.9

108.7

EPS

1.3

0.2

2.2

4.3

4.6

5.1

EPS Diluted

1.3

0.2

2.1

4.2

4.6

5.1

EBITDA

1,310.5

1,394.7

1,513.8

1,675.8

1,791.4

1,799.4

Effective Tax Rate

21.2%

235.5%

5.9%

12.6%

9.3%

4.3%