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

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.

Revenue
−2.51%
EPS
−0.27%
Free cash flow
+28.6%
Total debt
+1.50%

Quarter to September 2026, against a year earlier

192.69 0.39 −0.20%
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
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

SBA Communications Corporation (SBAC) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, SBA Communications Corporation (SBAC) trades at a P/E ratio of 20.8×. Over the past ten years it has ranged from 0.0× (December 2020) to 1,284× (March 2021); the current reading is higher than 29% of that period. That is below the Reit Specialty industry median of 27.8× and below the Real Estate sector median of 23.6×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 19.7× (32.77%)
FY2024 29.2× (46.79%)
FY2023 55.0× (16.52%)
FY2022 65.8× (63.11%)
FY2021 178× (86.08%)
FY2020 1,282× 591.78%
FY2019 185× (53.05%)
FY2018 395× 113.86%
FY2017 185× 6.72%
FY2016 173× —

Quarterly newest first

Period P/E ratio Change
Sep 2026 17.2× (9.20%)
Jun 2026 19.0× 5.06%
Mar 2026 18.0× (8.22%)
Dec 2025 19.7× (18.97%)
43 more quarters

Against its own ten years

Low 0.0× High 1,284×
Ten-year median 50.9×
Current reading's percentile 7

P/E ratio against peers

Company P/E ratio
GLPI Gaming and Leisure Properties, Inc. compare 12.1×
SBAC SBA Communications Corporation 20.8×
OUT OUTFRONT Media Inc. compare 23.0×
LAMR Lamar Advertising Company compare 27.8×
WY Weyerhaeuser Company compare 34.3×
RYN Rayonier Inc. compare 47.5×
CCI Crown Castle Inc. compare 47.8×
IRM Iron Mountain Incorporated compare 69.3×
DLR Digital Realty Trust, Inc. compare 70.2×
Reit Specialty industry median 27.8×
Real Estate sector median 23.6×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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