SBA Communications Corporation

As of June 30, 2026, SBA Communications Corp. Class A carries a market capitalization of 16.23B, placing it among publicly traded companies globally. Its enterprise value stands at 29.31B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

SBA Communications Corp. Class A's next confirmed earnings release is scheduled for November 2, 2026.

As of June 30, 2026, SBA Communications Corp. Class A has 106.09M shares outstanding.

As of June 30, 2026, SBA Communications Corp. Class A trades at a trailing price-to-earnings ratio of 18.77. The price-to-sales ratio is 6.48, and the price-to-book ratio stands at -4.01.

As of June 30, 2026, SBA Communications Corp. Class A trades at an EV/EBITDA multiple of 19.84 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 11.66 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 24.48 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. SBA Communications Corp. Class A trades at an EV/FCF ratio of 19.65, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 29.31B versus a market cap of 16.23B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, SBA Communications Corp. Class A maintains a current ratio of 0.17, meaning it holds 0.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -334.66, indicating conservative leverage, while an interest coverage ratio of 3.36 demonstrates adequate ability to service its debt obligations.

These figures cover the twelve months ended June 30, 2026. Return on invested capital (ROIC) comes in at 11.07 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 8.80, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 13.68, useful for judging operating efficiency across full business cycles. The company generates approximately 1.39M in revenue per employee across its workforce of 1,813.00, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, SBA Communications Corp. Class A recorded 172.97M in income tax expense. That works out to an effective tax rate of 16.61, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.04B, leaving 867.17M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on August 19, 2026, SBA Communications Corp. Class A's stock has declined approximately 18.33% over the past 52 weeks. The 50-day moving average sits at 158.50, while the 200-day moving average is 164.99.

Over the twelve months ended June 30, 2026, SBA Communications Corp. Class A generated 2.51B in revenue and converted that into 867.17M in net income, yielding earnings per share of 8.14. EBITDA reached 1.48B, while operating income came in at 1.36B.

As of June 30, 2026, SBA Communications Corp. Class A holds 311.55M in cash and equivalents against 13.31B in total debt, resulting in a net debt position of 10.86B. Total book value stands at -4.05B, with working capital of -3.14B providing operational flexibility.

SBA Communications Corp. Class A produced 1.12B in operating cash flow over the twelve months ended June 30, 2026.

Over the twelve months ended June 30, 2026, SBA Communications Corp. Class A posted a gross margin of 75.18, reflecting its pricing power and cost economics. The operating margin of 53.98 and net profit margin of 34.51 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, SBA Communications Corp. Class A paid dividends of 4.16 per share. The dividend payout ratio of 50.84 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 6.89, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 3.56, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to SBA Communications Corp. Class A shareholders.

As of June 30, 2026, SBA Communications Corp. Class A has an Altman Z-Score of -0.03, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.