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

189.46 3.62 −1.87%
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) Return on assets

Alert me on Return on assets

SBA Communications Corporation's return on assets over the twelve months to 30 September 2026 was 8.61%, down 0.6 percentage points from fiscal 2025 (9.17%). Over the past ten years it has ranged from −2.32% (fiscal 2015) to 9.17% (fiscal 2025) — the current reading is the highest in ten years. That is above the Reit Specialty industry median of 3.23% and above the Real Estate sector median of 0.92%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 9.17% 2.23
FY2024 6.94% 2.11
FY2023 4.83% 0.30
FY2022 4.53% 2.02
FY2021 2.51% 2.26
FY2020 0.25% (1.48)
FY2019 1.73% 1.08
FY2018 0.65% (0.76)
FY2017 1.41% 0.37
FY2016 1.04% 3.36

Against its own ten years

Low −2.32% High 9.17%
Ten-year median 1.73%
Current reading's percentile 100

Return on assets against peers

Company Return on assets
SBAC SBA Communications Corporation 8.61%
LAMR Lamar Advertising Company compare 8.31%
GLPI Gaming and Leisure Properties, Inc. compare 6.96%
OUT OUTFRONT Media Inc. compare 4.67%
CCI Crown Castle Inc. compare 3.15%
WY Weyerhaeuser Company compare 2.74%
IRM Iron Mountain Incorporated compare 2.13%
DLR Digital Realty Trust, Inc. compare 1.68%
RYN Rayonier Inc. compare 1.38%
Reit Specialty industry median 3.23%
Real Estate sector median 0.92%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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