# SBA Communications Corporation (SBAC)

> Real Estate · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/SBAC/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 703.44M | $ 184.83M | $ 206.69M | $ 15.42B | $ -4.75B |
| 2025 | $ 2.88B | $ 1.08B | $ 1.09B | $ 15.32B | $ -4.85B |
| 2024 | $ 2.82B | $ 787.82M | $ 1.16B | $ 15.76B | $ -5.11B |
| 2023 | $ 2.93B | $ 542.59M | $ 1.37B | $ 14.46B | $ -5.17B |
| 2022 | $ 2.94B | $ 515.46M | $ 1.20B | $ 15.17B | $ -5.28B |
| 2021 | $ 2.74B | $ 282.45M | $ 1.26B | $ 14.52B | $ -5.28B |
| 2020 | $ 2.65B | $ 30.71M | $ 1.27B | $ 13.43B | $ -4.82B |
| 2019 | $ 2.60B | $ 189.73M | $ 1.07B | $ 12.86B | $ -3.67B |
| 2018 | $ 2.46B | $ 62.67M | $ 927.56M | $ 9.94B | $ -3.38B |
| 2017 | $ 2.33B | $ 139.63M | $ 904.50M | $ 9.31B | $ -2.60B |
| 2016 | $ 2.25B | $ 104.90M | $ 810.42M | $ 8.78B | $ -2.00B |
| 2015 | $ 2.30B | $ -246.63M | $ 741.99M | $ 8.45B | $ -1.71B |
| 2014 | $ 2.16B | $ -34.33M | $ 668.93M | $ 7.86B | $ -660.80M |
| 2013 | $ 1.86B | $ -79.51M | $ 467.52M | $ 5.88B | $ 356.97M |
| 2012 | $ 1.38B | $ -262.70M | $ 328.59M | $ 5.36B | $ 652.99M |
| 2011 | $ 1.03B | $ -185.78M | $ 179.41M | $ 3.35B | $ -11.31M |
| 2010 | $ 948.79M | $ -294.76M | $ 203.71M | $ 2.83B | $ 317.11M |
| 2009 | $ 841.13M | $ -213.30M | $ 266.21M | $ 2.49B | $ 599.03M |
| 2008 | $ 719.15M | $ -70.81M | $ 208.24M | $ 2.39B | $ 491.76M |
| 2007 | $ 618.08M | $ -117.92M | $ 144.09M | $ 1.91B | $ 337.39M |
| 2006 | $ 531.62M | $ -202.06M | $ 63.73M | $ 1.56B | $ 385.92M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | -3.24 |
| Liabilities / Eq | -3.47 |
| Current Ratio | 0.15 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 146.37 |

## Other views

- [Metrics](https://sponda.capital/en/SBAC.md)
- [Charts](https://sponda.capital/en/SBAC/charts.md)
- [Compare](https://sponda.capital/en/SBAC/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-13.