SBA COMMUNICATIONS CORPORATION (SBAC)

189.44USD -1.09% (-2.08)

Over 1M: +3.6%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

180 185 190
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '25 — Revenue: 732.3M Q3 '25 — Operating Cash Flow: 318M Q3 '25 — Free Cash Flow: 258M Q3 '25 — Net Income: 236.8M Q4 '25 — Revenue: 719.6M Q4 '25 — Operating Cash Flow: 304M Q4 '25 — Free Cash Flow: 241.3M Q4 '25 — Net Income: 370.3M Q1 '26 — Revenue: 703.4M Q1 '26 — Operating Cash Flow: 255.1M Q1 '26 — Free Cash Flow: 206.7M Q1 '26 — Net Income: 184.8M Q2 '26 — Revenue: 715.3M Q2 '26 — Operating Cash Flow: 407.2M Q2 '26 — Free Cash Flow: 344.8M Q2 '26 — Net Income: 198.8M 0 150M 300M 450M 600M 750M
Q3 '25 Q4 '25 Q1 '26 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

7.6
OE margin 33.7%
Oper. margin 47.6%
ROIC 9.5%
Accruals -2.5%
FCF margin 36.6%
Gross margin 75.2%
OCF margin 44.7%
ROA 8.4%
ROCE 18.5%
OCF / EBIT 0.94×
ROE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

5.9
EV/EBIT 26.3×
EV/OE 37.2×
Div. yield 2.5%
FCF yield 5.3%
P/E 20.1×
EV/GP 16.6×
EV/Sales 12.5×
P/C 56.1×
Fwd P/E —
P/B —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

5.2
RPO / sales 0.0016×
Segment HHI 0.51 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.6
ND/EBITDA -0.44
Current ratio 0.17×
F-score 7.0 pts
Payout 51.0%
Cash / Debt 0.022×
Debt payback 15.2 yr
Quick ratio 0.17×
Cash runway —
Debt / Eq —
Equity / Assets —
Net debt / Eq —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

3.6
Sales/sh Y/Y +5.9%
EPS CAGR 4Y +46.3%
Shares change -0.51%
Div. growth +12.9%
EBIT CAGR +11.8%
EPS Y/Y +13.3%
EBIT Y/Y -4.2%
Sales Q/Q +2.3%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.