SBA Communications Corporation SBAC

166.15 0.03 0.02% as of 25 Sep
Market cap
$17.6B
P/E
17.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

SBA Communications Corporation (SBAC) Debt to equity

SBA Communications Corporation's debt to equity at the end of the quarter to 30 June 2026 was −2.7×, down 0.1× from fiscal 2025 (−2.7×). Over the past ten years it has ranged from −5.0× (fiscal 2015) to −2.3× (fiscal 2020); the current reading is higher than 64% of that period. That is below the Reit Specialty industry median of 0.6× and below the Real Estate sector median of 0.8×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2025 −2.7× —
FY2024 −2.7× —
FY2023 −2.4× —
FY2022 −2.4× —
FY2021 −2.3× —
FY2020 −2.3× —
FY2019 −2.8× —
FY2018 −2.9× —
FY2017 −3.6× —
FY2016 −4.4× —

Quarterly

Period Debt to equity Change
Jun 2026 −2.7× —
Mar 2026 −2.7× —
Dec 2025 −2.7× —
Sep 2025 −2.6× —
42 more quarters

Against its own ten years

Low −5.0× High −2.3×
Ten-year median −2.7×
Current reading's percentile 64

Debt to equity against peers

Company Debt to equity
IRM Iron Mountain Incorporated compare −18.2×
CCI Crown Castle Inc. compare −5.6×
SBAC SBA Communications Corporation −2.7×
RYN Rayonier Inc. compare 0.4×
WY Weyerhaeuser Company compare 0.6×
DLR Digital Realty Trust, Inc. compare 0.7×
GLPI Gaming and Leisure Properties, Inc. compare 1.5×
LAMR Lamar Advertising Company compare 3.5×
OUT OUTFRONT Media Inc. compare 3.6×
Reit Specialty industry median 0.6×
Real Estate sector median 0.8×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on SBAC