US · USD
SBAC
SBA Communications Corp
- Day's range
- $156.60 – $161.96
- Day's volume
- $131.1M
- 52-week range
- $158.02 – $220.88
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See how SBAC weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountSBAC in numbers
- Market cap
- $17.2B
- P/E
- 17.33
- P/B
- -3.71
- Dividend yield (12m)
- 3.00%
- Net debt/EBITDA
- 7.33
The 12-month dividend yield of SBAC is 3.00%, above its 5-year average of 1.43%.
SBAC price history
SBAC risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -15.05% | -30.53% | -48.90% |
| Volatility (annualized) | 42.09% | 30.69% | 31.19% |
| Largest drawdown | -27.42% | -33.76% | -55.77% |
| Positive months | 5/12 | 16/36 | 27/60 |
How much did investing in SBAC return?
$1,000.00 invested on 11/01/2021 would be worth $510.98 today.
- Value today in SBAC
- $510.98
- Return over the period
- -48.90%
- Return per year
- -12.74%
- In the S&P 500
- $1,702.20
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
SBAC fundamentals
Valuation
- P/E17.33
- P/B-3.71
- EV/EBITDA17.50
- EV/EBIT21.60
- EV/Revenue33.04
- P/EBIT12.55
- P/S19.20
- P/OCF13.37
- P/FCF16.34
- Earnings yield4.63%
- PEG ratio—
- Earnings per share$9.34
- Book value per share-$43.64
Debt
- Net debt$12.4B
- Net debt/EBITDA7.33
- Net debt/Equity-2.67
- Debt/Equity-2.75
- Current ratio0.17
- Quick ratio—
- Cash ratio0.08
Efficiency
- Gross margin241.35%
- EBITDA margin188.75%
- Operating margin152.97%
- Net margin110.80%
- Asset turnover0.08
Profitability
- ROE-21.40%
- ROA8.44%
- ROIC14.73%
- Payout52.04%
Growth
- Revenue CAGR (5 years)6.03%
- Earnings CAGR (5 years)29.76%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is SBAC's fair price?
Two classic value formulas, with today's numbers. The current price is $161.82.
- Graham's fair price
- —
- Does not apply to SBAC: the formula needs positive earnings and book value.
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $56.40
- 65.15% below the price
$3.38 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
SBAC's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 19.42 | 29.26 | 54.65 | 65.63 | 176.68 | 1,279.61 | 183.51 | 384.12 |
| P/B | -4.22 | -4.29 | -5.30 | -5.74 | -7.95 | -6.39 | -7.36 | -5.40 |
| EV/EBITDA | 20.24 | 20.57 | 24.11 | 26.34 | 36.37 | 30.71 | 29.05 | 23.04 |
| Dividend yield | 2.30% | 1.92% | 1.34% | 1.01% | 0.60% | 0.66% | 0.31% | — |
| Earnings per share | $9.96 | $6.96 | $4.64 | $4.27 | $2.20 | $0.22 | $1.31 | $0.42 |
| Book value per share | -$45.88 | -$47.48 | -$47.83 | -$48.84 | -$48.96 | -$44.13 | -$32.76 | -$29.99 |
| ROE | -21.71% | -14.67% | -9.70% | -8.75% | -4.50% | -0.50% | -4.01% | -1.41% |
| ROIC | 14.66% | 17.31% | 12.06% | 10.87% | 11.07% | 0.00% | 7.01% | 7.78% |
| Gross margin | 868.79% | 1,372.36% | 1,078.33% | 661.82% | 861.23% | 1,248.67% | 989.43% | 1,115.19% |
| EBITDA margin | 668.75% | 1,115.52% | 842.53% | 550.05% | 724.14% | 1,053.63% | 832.69% | 971.00% |
| Net margin | 430.94% | 490.31% | 257.80% | 155.43% | 116.06% | 18.73% | 95.58% | 37.88% |
| Net debt/EBITDA | 7.72 | 7.71 | 7.39 | 7.79 | 8.05 | 7.96 | 7.99 | 8.05 |
SBAC's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $244.5M | $152.9M | $194.6M | $296.9M | $204.7M | $128.7M |
| Cost of revenue | -$199M | -$118.7M | -$139.9M | -$223M | -$159.1M | -$102.8M |
| Gross profit | $2.1B | $2.1B | $2.1B | $2B | $1.8B | $1.6B |
| EBITDA | $1.6B | $1.7B | $1.6B | $1.6B | $1.5B | $1.4B |
| EBIT | $1.3B | $1.4B | $923.7M | $925.4M | $782.5M | $633.7M |
| Financial result | -$100.7M | -$663.1M | -$375.2M | -$399.6M | -$529.9M | -$651.4M |
| Income before tax | $1.2B | $772.7M | $548.5M | $525.8M | $252.6M | -$17.7M |
| Income tax | -$187.6M | -$24M | -$51.1M | -$66M | -$14.9M | $41.8M |
| Net income | $1.1B | $749.5M | $501.8M | $461.4M | $237.6M | $24.1M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does SBAC pay dividends?
Dividend yield per year
- 0.31%2019
- 0.66%2020
- 0.60%2021
- 1.01%2022
- 1.34%2023
- 1.92%2024
- 2.30%2025
- 2.32%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/19/2026 | 09/17/2026 | $1.25 |
| Dividend | 05/21/2026 | 06/17/2026 | $1.25 |
| Dividend | 03/12/2026 | 03/27/2026 | $1.25 |
| Dividend | 11/12/2025 | 12/11/2025 | $1.11 |
| Dividend | 08/20/2025 | 09/18/2025 | $1.11 |
| Dividend | 05/21/2025 | 06/17/2025 | $1.11 |
| Dividend | 03/12/2025 | 03/27/2025 | $1.11 |
| Dividend | 11/13/2024 | 12/12/2024 | $0.98 |
| Dividend | 08/21/2024 | 09/18/2024 | $0.98 |
| Dividend | 05/21/2024 | 06/19/2024 | $0.98 |
| Dividend | 03/12/2024 | 03/28/2024 | $0.98 |
| Dividend | 11/14/2023 | 12/14/2023 | $0.85 |
See all 29 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/22/2023 | 09/20/2023 | $0.85 |
| Dividend | 05/24/2023 | 06/21/2023 | $0.85 |
| Dividend | 03/08/2023 | 03/24/2023 | $0.85 |
| Dividend | 11/15/2022 | 12/15/2022 | $0.71 |
| Dividend | 08/23/2022 | 09/20/2022 | $0.71 |
| Dividend | 05/17/2022 | 06/14/2022 | $0.71 |
| Dividend | 03/08/2022 | 03/25/2022 | $0.71 |
| Dividend | 11/16/2021 | 12/16/2021 | $0.58 |
| Dividend | 08/24/2021 | 09/23/2021 | $0.58 |
| Dividend | 05/18/2021 | 06/15/2021 | $0.58 |
| Dividend | 03/08/2021 | 03/26/2021 | $0.58 |
| Dividend | 11/17/2020 | 12/17/2020 | $0.47 |
| Dividend | 08/21/2020 | 09/22/2020 | $0.47 |
| Dividend | 05/26/2020 | 06/18/2020 | $0.47 |
| Dividend | 03/06/2020 | 03/26/2020 | $0.47 |
| Dividend | 11/19/2019 | 12/19/2019 | $0.37 |
| Dividend | 08/26/2019 | 09/25/2019 | $0.37 |
About Sba Communications
- Sector
- Finance, insurance and real estate
Questions about SBAC
How much is SBAC today?
SBAC is at $161.82 (2.10% on the day), last traded on 10/05/2026.
How much did SBAC pay in dividends in 2025?
SBAC paid $4.44 per share in 2025, a dividend yield of 2.30%.
What are the P/E and P/B of SBAC?
SBAC trades at a P/E of 17.33 and a P/B of -3.71.
How much did SBAC return in 12 months?
SBAC returned -15.05% in 12 months, with annualized volatility of 42.09% and a largest drawdown of -27.42%.