GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
S

SBA Communications SBAC · USD

Real Estate · Equity Real Estate Investment Trusts (REITs) · US listing · 🇺🇸 United States

S&P 500

Compare

190.35

+0.49%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About SBA Communications

From its filings with the US Securities and Exchange Commission

SEC filings

SBA Communications is based in Boca Raton, Florida and is incorporated in Florida. Its shares trade on Nasdaq under the ticker SBAC. It is a member of the S&P 500. The SEC classifies its business as real estate investment trusts. In the fiscal year to 31 December 2025, it reported revenue of $2.82bn and net income of $1.05bn. At that date it held total assets of $11.58bn and shareholders' equity of −$4.85bn. By business, Domestic Site Leasing Revenue [Member] brought in 66.3% of revenue, followed by International Site Leasing Revenue [Member] at 25.0% and Site development construction. at 8.7%.

Read the filing on SEC.gov ↗

Company facts

Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Listed since
16 Jun 1999
Employees
1,844
Head office
8051 CONGRESS AVENUE, BOCA RATON, FL, 33487
Incorporated in
FL
Classification
Real Estate Investment Trusts
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Jeffrey StoopsNon-Executive Chairman of the Board, since 1997$421,044
  • Mr. Brendan CavanaghPresident, Chief Executive Officer, Director, since 2003$8.8m
  • Mr. Marc MontagnerChief Financial Officer, Executive Vice President$4.0m
  • Ms. Michelle EisnerChief Human Resources Officer, Senior Vice President
  • Mr. Joshua KoenigExecutive Vice President, Chief Administrative Officer, General Counsel$3.0m
  • Mr. Richard CaneExecutive Vice President, President - International$3.0m
  • Mr. Mark CiarfellaExecutive Vice President - U.S. Operations$3.1m
  • Mr. Donald DayExecutive Vice President - Site Leasing
  • Mr. Martin AljovinSenior Vice President - International Finance Operations
  • Mr. Elvis ClemetsonSenior Vice President, Chief Information Officer
  • Mr. Brian AllenSenior Vice President - Site Leasing
  • Mr. Larry HarrisSenior Vice President - U.S. Business Development

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
84
Environment
99
Social
81
Governance
74
Direct emissions (scope 1)
10,200 t
Energy emissions (scope 2)
19,400 t
Value chain emissions (scope 3)
62,300 t
Women in the workforce
40.9%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • SBA Communications Corp is a leading provider of wireless infrastructure solutions, boasting a vast portfolio of tower sites and other communication assets.
  • The company has established a strong market presence and has experienced steady revenue growth over the years.
  • SBA Communications Corp enjoys long-term lease contracts with major wireless carriers, providing stability and a consistent stream of revenue.

Weaknesses

  • One potential weakness for SBA Communications Corp is its dependency on wireless carriers as customers. Any significant changes in the industry or loss of major clients could impact the company's financial performance.
  • The company may face challenges in acquiring new tower sites, as obtaining permits and regulatory approvals can be time-consuming and costly.
  • SBA Communications Corp may also be vulnerable to changes in technology and advancements in wireless communication systems.

Opportunities

  • The increasing demand for wireless data and the emergence of new technologies such as 5G present significant growth opportunities for SBA Communications Corp.
  • Expansion into international markets with less developed wireless infrastructures could provide new avenues for growth and revenue diversification.
  • The company could explore potential partnerships or collaborations with telecommunications equipment manufacturers, further enhancing its service offering.

Threats

  • Intense competition within the wireless infrastructure industry poses a threat to SBA Communications Corp's market share and pricing power.
  • Increased regulations and zoning restrictions could limit the company's ability to construct and operate new tower sites.
  • Changing consumer preferences and advancements in wireless technologies may lead to shifts in demand for traditional tower sites, potentially impacting SBA Communications Corp's business model.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.