Friday 6 November 2026 Export SBAC’s income statement to Excel — free account

SBA Communications Corporation

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

189.46 3.62 −1.87%

Follow SBAC

Alert me

Market cap: $20.2B
P/E: 20.8×
Fwd P/E: 24.3×
Dividend yield: 2.51%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

SBA Communications Corporation (SBAC) P/B ratio

Alert me on P/B ratio

SBA Communications Corporation has no meaningful P/B ratio: its trailing twelve-month book value is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 0.0× (November 2026) — the current reading is the highest in ten years.

Embed this chart

Code for your page

<iframe src="https://stockrow.com/embed/SBAC/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="SBA Communications Corporation P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/SBAC/metrics/pb-ratio">SBA Communications Corporation (SBAC) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	0.0×	—
FY2024	0.0×	—
FY2023	0.0×	—
FY2022	0.0×	—
FY2021	0.0×	—
FY2020	0.0×	—
FY2019	0.0×	—
FY2018	0.0×	—
FY2017	0.0×	—
FY2016	0.0×	—

Period	P/B ratio	Change
Sep 2026	0.0×	—
Jun 2026	0.0×	—
Mar 2026	0.0×	—
Dec 2025	0.0×	—
43 more quarters	Free account

Against its own ten years

Low 0.0× High 0.0×

Ten-year median 0.0×

Current reading's percentile 100

Company	P/B ratio
IRM Iron Mountain Incorporated compare	n/m
CCI Crown Castle Inc. compare	n/m
SBAC SBA Communications Corporation	n/m
RYN Rayonier Inc. compare	1.3×
WY Weyerhaeuser Company compare	1.7×
GLPI Gaming and Leisure Properties, Inc. compare	2.1×
DLR Digital Realty Trust, Inc. compare	2.3×
OUT OUTFRONT Media Inc. compare	8.2×
LAMR Lamar Advertising Company compare	15.5×
Reit Specialty industry median	2.0×
Real Estate sector median	1.0×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

SBA Communications Corporation (SBAC) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on SBAC

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on SBAC

Stockrow Weekly