stockrowSBA Communications Corporation
SBAC Real Estate Reit Specialty
SBA Communications Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 5.06% from fiscal 2024.
- Revenue
- −2.51%
- EPS
- −0.27%
- Free cash flow
- +28.6%
- Total debt
- +1.50%
Quarter to September 2026, against a year earlier
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SBA Communications Corporation (SBAC) Debt to equity
SBA Communications Corporation's debt to equity at the end of the quarter to 30 September 2026 was −2.7×, down 0.0× 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 0.7×.
Debt to equity, annual
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Annual newest first
| 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 newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | −2.7× | — |
| Jun 2026 | −2.7× | — |
| Mar 2026 | −2.7× | — |
| Dec 2025 | −2.7× | — |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| IRM Iron Mountain Incorporated compare | −16.9× |
| CCI Crown Castle Inc. compare | −5.2× |
| 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 | 3.4× |
| OUT OUTFRONT Media Inc. compare | 3.6× |
| Reit Specialty industry median | 0.6× |
| Real Estate sector median | 0.7× |
| Market median | 0.1× |
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)
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