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) Price to free cash flow
As of 16 October 2026, SBA Communications Corporation (SBAC) trades at a price to free cash flow of 14.7×. Over the past ten years it has ranged from 12.5× (October 2026) to 42.1× (December 2021); the current reading is higher than 4% of that period. That is in line with the Reit Specialty industry median of 14.8× and above the Real Estate sector median of 11.0×.
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 |
|---|---|---|
| Jun 2026 | 13.9× | 0.08% |
| Mar 2026 | 13.9× | (6.38%) |
| Dec 2025 | 14.8× | (19.79%) |
| Sep 2025 | 18.5× | (19.21%) |
| 42 more quarters | Free account |
Against its own ten years
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 |
| WY Weyerhaeuser Company compare | n/m |
| SBAC SBA Communications Corporation | 14.7× |
| CCI Crown Castle Inc. compare | 14.8× |
| DLR Digital Realty Trust, Inc. compare | 16.9× |
| GLPI Gaming and Leisure Properties, Inc. compare | 17.9× |
| OUT OUTFRONT Media Inc. compare | 18.4× |
| LAMR Lamar Advertising Company compare | 20.6× |
| Reit Specialty industry median | 14.8× |
| Real Estate sector median | 11.0× |
| Market median | 14.2× |
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)))
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
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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