SBA 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. In the quarter to June 2026, revenue grew 2.33%, EPS fell 11.0%, free cash flow grew 11.3% and total debt rose 1.74%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.
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SBA Communications Corporation (SBAC) EV/FCF
As of 9 October 2026, SBA Communications Corporation (SBAC) trades at a EV/FCF of 23.6×. Over the past ten years it has ranged from 21.6× (March 2026) to 54.4× (March 2020); the current reading is higher than 3% of that period.
EV/FCF, daily
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Annual newest first
| Period | EV/FCF | Change |
|---|---|---|
| FY2025 | 23.8× | (22.92%) |
| FY2024 | 30.8× | 1.93% |
| FY2023 | 30.2× | (24.82%) |
| FY2022 | 40.2× | (21.89%) |
| FY2021 | 51.5× | 21.68% |
| FY2020 | 42.3× | (7.62%) |
| FY2019 | 45.8× | 13.21% |
| FY2018 | 40.5× | (4.52%) |
| FY2017 | 42.4× | 17.57% |
| FY2016 | 36.1× | (14.68%) |
Quarterly newest first
| Period | EV/FCF | Change |
|---|---|---|
| Jun 2026 | 23.1× | (1.85%) |
| Mar 2026 | 23.5× | (0.98%) |
| Dec 2025 | 23.8× | (19.25%) |
| Sep 2025 | 29.4× | (13.40%) |
| 42 more quarters | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| WY Weyerhaeuser Company compare | −132× |
| IRM Iron Mountain Incorporated compare | −86.1× |
| RYN Rayonier Inc. compare | −15.7× |
| CCI Crown Castle Inc. compare | 21.4× |
| DLR Digital Realty Trust, Inc. compare | 21.8× |
| SBAC SBA Communications Corporation | 23.6× |
| LAMR Lamar Advertising Company compare | 24.8× |
| OUT OUTFRONT Media Inc. compare | 26.7× |
| GLPI Gaming and Leisure Properties, Inc. compare | 29.9× |
What EV/FCF is
EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))
More on SBAC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement