NASDAQ · SBAC

SBA Communications Corp.

$172.61 -$0.96 (-0.55%) 1D Pre-market

Key Metrics

$18.41B
Market cap
18.09×
P/E · TTM
$2.85B
Revenue · TTM
$1.02B
Net income
EPS · TTM $9.41
Dividend yield 2.7%
Free cash flow $1.02B
Beta · 1Y 0.06
EBITDA · TTM $1.53B
Gross margin 75.2%

The Story So Far

LAST 6 MONTHS PRIMARY SOURCES ONLY
  • Jul 23
    A material event was filed (Form 8-K).

    8-K - SBA COMMUNICATIONS CORP (0001034054) (Filer)

    RECEIPT: SEC FORM 8-K, TIMESTAMPED
  • Jul 16
    Money rotated out of high-beta cohorts market-wide.

    High-beta names lagged the blue-chips by 20.3 points over ten sessions around this date. Stocks in that cohort weren't falling alone — they fell together.

    RECEIPT: ROTATION GAUGE, LIVE
  • Apr 2
    The stock moved +18.9% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, Apr 2

The story updates itself as events post · The wolf reports; you decide

Snapshot

Market cap$18.41B
Enterprise value$30.97B
Shares outstanding106.1M
52-wk range$162.41 – $234.64
Avg volume · 20D818.6K
Net cash −$12.56B
Book value / share$-43.94
IndustryReal Estate Investment Trusts
ExchangeNASDAQ
About SBA Communications Corp.
IPO dateJun 16, 1999
Employees1844

SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks.

Wolf Grade COMING SOON

The wolf is in training. Composite grades vs sector — profitability, health, value, momentum — arrive with the percentile engine. Methodology will be public.

Valuation

P/E18.09
P/S6.45
P/FCF18.08
EV/EBITDA20.28
EV/Sales10.85
Graham №

Profitability

Gross 75.2%
Operating 42.7%
Net 35.7%
FCF 35.7%
ROE / ROIC -20.6% · 13.1%

Financial Health

Current ratio0.23
Quick ratio
Debt / equity-2.73
Debt / EBITDA 8.49
Net cash −$12.56B
Working capital−$2.58B

Cash Flow · TTM

Operating CF $1.25B
Capex −$227.04M
Free cash flow $1.02B
Buybacks
Dividends paid $491.93M
Shareholder yield 2.7%

Piotroski F-Score

6 / 9
Middling fundamentals · 6 of 9 signals passing

Altman Z-Score

Insufficient balance-sheet inputs

Graham Number vs Price

Requires positive earnings and book value
Fundamentals through 2026-03-31 · computed by TickerWolf from SEC filings