SBA Communications Corporation
SBACReal EstateNASDAQREIT - Specialty
Scan Results
Daily timeframeSBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure. The company carries a $19.69B market cap, placing it firmly in the large-cap category. It includes towers, buildings, rooftops, distributed antenna systems (DAS) and small cells.
Market Cap
$19.69B
Beta
1.00
P/E (TTM)
19.55
P/E (Fwd)
23.06
EPS (TTM)
$9.50
EPS (Fwd)
$8.05
ROE
—
ROA
8.6%
Cash
$269.1M
Total Debt
$15.42B
Free CF
$708.1M
52W Change
-20.6%
Annual Financials
Cash vs Debt
On the balance sheet, SBAC has $269.1M in cash with $15.42B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $708.1M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. An ROA of 8.6% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $2.63B (2022) to $2.82B (2025).
SBA Communications Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for SBA Communications Corporation and its sector.