SBA Communications Corporation
SBACReal EstateNASDAQREIT - Specialty
Scan Results
Daily timeframeSBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure. The $21.64B market capitalization puts SBAC squarely in large-cap range for its industry. It includes towers, buildings, rooftops, distributed antenna systems (DAS) and small cells.
Market Cap
$21.64B
Beta
1.02
P/E (TTM)
21.46
P/E (Fwd)
25.18
EPS (TTM)
$9.51
EPS (Fwd)
$8.11
ROE
—
ROA
8.6%
Cash
$269.1M
Total Debt
$15.42B
Free CF
-$301.8M
52W Change
-11.1%
Annual Financials
Cash vs Debt
SBA Communications Corporation carries $15.42B in total debt against $269.1M in cash reserves — debt is roughly 57.3x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$301.8M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. 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).
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing SBAC's risk profile alongside its fundamentals and technical indicators provides a more complete picture.