SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 44,500 communications sites throughout the Americas and in Africa, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and one of the top Real Estate Investment Trusts (REITs) by market capitalization.
SBA Communications Corporation (SBAC) reported trailing twelve months (TTM) revenue of $2.82B as of December 2025, which represents a 5.1% increase year-over-year. The company's operating margin has contracted to 42.8% from 55.1% a year ago. In terms of profitability, SBAC generated $1.05B in net income. Valuation-wise, the stock trades at a P/E ratio of 19.7x and a Price-to-Sales (P/S) ratio of 7.4x. The company generated $241.30M in free cash flow over the last twelve months, indicating its ability to reinvest in growth or return capital to shareholders. Data based on the most recent quarterly reports.
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