SBA Communications Corporation (SBAC)
NASDAQ · Real Estate · REIT - Specialty
Profile
SBA Communications Corporation
- Exchange
- NASDAQ
- Ticker
- SBAC
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Country
- US
SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.
Key facts
SBA Communications Corporation: key facts
- SBA Communications Corporation (NASDAQ: SBAC) is a REIT - Specialty company in the Real Estate sector.
- In fiscal 2025, SBA Communications Corporation reported revenue of $2.8B and net income of $1.1B.
- Revenue grew 5.1% a year over the last 4 fiscal years.
- Free cash flow was positive in 5 of the last 5 fiscal years.
- Net income was positive in 5 of the last 5 fiscal years.
- Over the last twelve months, revenue was $2.9B and net income was $990.7M.
MonkScore
SBA Communications Corporation's MonkScore
MonkScore
MonkScore range: 90–100
as of October 2026
Sector rank: 22 of 505 in Real Estate
How this score is madeDisclaimer
Pillar ranges
- Growth60–70
- Profitability90–100
- Quality90–100
- Market Conviction70–80
- Safety40–50
The MonkScore runs from 0 to 100. Each range is one of ten 10-point groups, from 0–10 to 90–100.
Each pillar's range uses the same ten groups. The exact score and the pillar scores are in the MonkStreet app.
Fundamentals
Figures from the statements
SBA Communications Corporation's annual figures and the last twelve months, in USD. Last report: 30 June 2026.
| Figure | Last 12 months | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $2.9B | $2.8B | $2.7B | $2.7B | $2.6B | $2.3B |
| Gross profit | $1.8B | $1.2B | $2.1B | $2.1B | $1.9B | $1.7B |
| Operating income | $1.5B | $1.4B | $1.4B | $923.7M | $925.4M | $782.5M |
| Net income | $990.7M | $1.1B | $749.5M | $501.8M | $461.4M | $237.6M |
| Operating cash flow | $1.3B | $1.3B | $1.3B | $1.5B | $1.3B | $1.2B |
| Capital expenditure | -$233.6M | -$224.8M | -$228.1M | -$236.7M | -$214.4M | -$133.6M |
| Free cash flow | $1.1B | $1.1B | $1.1B | $1.3B | $1.1B | $1.1B |
| Total debt | $15.2B | $15.3B | $15.8B | $14.5B | $15.2B | $14.5B |
| Cash | $327.1M | $432.4M | $189.8M | $208.5M | $143.7M | $367.3M |
Revenue growth a year
- 1-year
- 5.1%
- 3-year
- 2.2%
- 4-year
- 5.1%
Compound growth between fiscal years.
Peers
Similar companies
- Outfront Media Inc.NYSE:OUTMonkScore range: 90–100
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Page built on 31 October 2026.