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

192.97 0.11 −0.06%
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

SBA Communications Corporation (SBAC) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, SBA Communications Corporation (SBAC) trades at a price to free cash flow of 15.0×. Over the past ten years it has ranged from 12.3× (October 2026) to 42.1× (December 2021); the current reading is higher than 5% of that period. That is below the Reit Specialty industry median of 19.5× and above the Real Estate sector median of 12.3×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 14.8× (25.10%)
FY2024 19.8× (5.81%)
FY2023 21.0× (25.90%)
FY2022 28.4× (29.49%)
FY2021 40.3× 27.65%
FY2020 31.5× (5.33%)
FY2019 33.3× 25.54%
FY2018 26.5× (7.43%)
FY2017 28.7× 31.56%
FY2016 21.8× (16.51%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 12.4× (10.73%)
Jun 2026 13.9× 0.08%
Mar 2026 13.9× (6.38%)
Dec 2025 14.8× (19.79%)
43 more quarters

Against its own ten years

Low 12.3× High 42.1×
Ten-year median 26.9×
Current reading's percentile 5

Price to free cash flow against peers

Company Price to free cash flow
IRM Iron Mountain Incorporated compare n/m
RYN Rayonier Inc. compare n/m
SBAC SBA Communications Corporation 15.0×
OUT OUTFRONT Media Inc. compare 19.4×
DLR Digital Realty Trust, Inc. compare 19.6×
LAMR Lamar Advertising Company compare 19.8×
CCI Crown Castle Inc. compare 20.7×
GLPI Gaming and Leisure Properties, Inc. compare 21.8×
WY Weyerhaeuser Company compare 53.2×
Reit Specialty industry median 19.5×
Real Estate sector median 12.3×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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