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

192.72 0.36 −0.19%
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 equity

Alert me on Return on equity

SBA Communications Corporation's return on equity over the twelve months to 30 September 2026 was −20.2%, up 1.0 percentage points from fiscal 2025 (−21.2%). Over the past ten years it has ranged from −21.2% (fiscal 2025) to 14.8% (fiscal 2015) — the current reading is the lowest in ten years. That is below the Reit Specialty industry median of 4.02% and below the Real Estate sector median of 2.47%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 −21.2% (6.57)
FY2024 −14.6% (4.97)
FY2023 −9.61% (0.87)
FY2022 −8.74% (4.04)
FY2021 −4.70% (4.13)
FY2020 −0.57% 3.60
FY2019 −4.17% (2.58)
FY2018 −1.59% 2.92
FY2017 −4.51% (0.39)
FY2016 −4.12% (18.96)

Against its own ten years

Low −21.2% High 14.8%
Ten-year median −4.51%
Current reading's percentile 9

Return on equity against peers

Company Return on equity
LAMR Lamar Advertising Company compare 55.4%
OUT OUTFRONT Media Inc. compare 39.4%
GLPI Gaming and Leisure Properties, Inc. compare 18.1%
WY Weyerhaeuser Company compare 4.81%
DLR Digital Realty Trust, Inc. compare 3.50%
RYN Rayonier Inc. compare 2.02%
SBAC SBA Communications Corporation −20.2%
CCI Crown Castle Inc. compare −33.4%
IRM Iron Mountain Incorporated compare −52.5%
Reit Specialty industry median 4.02%
Real Estate sector median 2.47%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

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

The full definition of Return on equity →

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