
On 12 Nov 2026 SBA Communications closed at $186.57, -1.0% this year; market cap $19.71bn, P/E 20.0.
Real Estate · Telecom Tower REITs · NASDAQ · United States
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including tower structures, rooftops and other structures that support antennas used for wireless communications. In our site leasing business, we lease space to wireless service providers and other customers on assets we own or operate, and manage rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2025, we owned 46,328 towers, a substantial portion of which were built by us or by other tower owners or operators who, like us, build towers to lease space to multiple wireless service providers. As of December 31, 2025, each of our towers had an average of 1.8 tenants. SBA Communications Corporation was established in 1989 and was incorporated in Florida.
| Market cap | $19.71bn |
| P/E (trailing) | 20.0 |
| EPS (TTM) | $9.32 |
| Beta | 0.97 |
| Dividend | $5.00 |
| Dividend yield | 2.68% |
| Ex-dividend date | 12 Nov 2026 |
| Latest report | 2 Nov 2026 |
| Next earnings | — |
| YTD | -1.0% |
| 1Y | -4.5% |
| 3Y | -3.0% |
| 5Y | -9.9% |
| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $2.82bn | $1.05bn | $1.07bn |
| 2024 | $2.68bn | $749.54m | $1.11bn |
| 2023 | $2.71bn | $501.81m | $1.31bn |
| 2022 | $2.63bn | $461.43m | $1.10bn |
| 2021 | $2.31bn | $237.62m | $1.06bn |
Base value $277.95 (+49.0% vs price); 1 of 1 methods above the price. See every method
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Data as of 12 Nov 2026. Not investment advice.