SBA Communications Overview

  • Year Founded
  • 1989

Year Founded

  • Status
  • Public

  • Employees
  • 1,787

Employees

  • Stock Symbol
  • SBAC

Stock Symbol

  • Investments
  • 54

  • Share Price
  • $199.38
  • (As of Friday Closing)

SBA Communications General Information

Description

SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. It owns more than 17,000 towers in the US, which accounted for about 70% of the company's total revenue in 2023. Internationally, SBA's greatest presence is in Brazil, where it operates roughly 10,000 towers. SBA operates as a real estate investment trust.

Contact Information

Website
www.sbasite.com
Ownership Status
Publicly Held
Financing Status
Private Debt Financed
Primary Industry
Buildings and Property
Other Industries
Construction and Engineering
Other Communications and Networking
Stock Exchange
NAS
Corporate Office
  • 8051 Congress Avenue
  • Boca Raton, FL 33487
  • United States
+1 (800) 000-0000

SBA Communications Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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SBA Communications Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$199.38 $202.87 $183.64 - $258.76 $21.4B 107M 1.04M $5.13

SBA Communications Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 37,716,070 41,979,909 44,714,703 56,243,834
Revenue 2,693,930 2,711,584 2,633,454 2,308,834
EBITDA 1,589,360 967,108 916,283 649,804
Net Income 555,138 501,812 461,429 237,624
Total Assets 9,995,266 10,178,441 10,585,041 9,801,699
Total Debt 14,432,544 14,463,465 15,171,155 14,522,544
Public Fundamental Data provided by Morningstar, Inc. disclaimer

SBA Communications Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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SBA Communications Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It l
Buildings and Property
Boca Raton, FL
1,787 As of 2023
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Springfield, NJ
00 As of 0000
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000000000000 000 000
West Bridgewater, MA
0000 As of 0000
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SBA Communications Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Diamond Communications Private Equity-Backed Springfield, NJ 00 0000000 0000
Centerline Communications Private Equity-Backed West Bridgewater, MA 0000 0000 000000000 0000
SQUAN Construction Services Private Equity-Backed Carlstadt, NJ 000 00.00 00000000000 00.00
Skanska Corporation Stockholm, Sweden 00000 00000000000
To view SBA Communications’s complete competitors history, request access »

SBA Communications Executive Team (27)

Name Title Board Seat Contact Info
Brendan Cavanagh Chief Executive Officer & Board Member
Richard Cane Executive Vice President & President
Brian Lazarus Chief Accounting Officer, Accounting & Senior Vice President
Joshua Koenig Chief Administrative Officer, Administration & Executive Vice President
Elvis Clemetson Chief Information Officer & Senior Vice President
You’re viewing 5 of 27 executive team members. Get the full list »

SBA Communications Board Members (13)

Name Representing Role Since
Amy Wilson JD Self Board Member 000 0000
Brendan Cavanagh SBA Communications Chief Executive Officer & Board Member 000 0000
George Krouse Self Board Member 000 0000
Jack Langer Self Board Member 000 0000
Jay Johnson Self Board Member 000 0000
You’re viewing 5 of 13 board members. Get the full list »

SBA Communications Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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SBA Communications Investments & Acquisitions (54)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
IHS Holding Peru 30-Apr-2024 0000000000 Wireless Communications Equipment
Grupo TorreSur ( 2600 Tower Sites in Brazil ) 11-Oct-2022 000000000 00000 Buildings and Property
SBA Communications (Portfolio of 210 Communication Sites and One Data Center In Brazil) 01-Jun-2022 000000000 00000 Buildings and Property
Matrix Internet 01-Apr-2022 0000000000 Systems and Information Management
SBA Communications (57 Communication Sites) 01-Jun-2021 Corporate Asset Purchase 0000 Buildings and Property
You’re viewing 5 of 54 investments and acquisitions. Get the full list »

SBA Communications Subsidiaries (2)

Company Name Industry Location Founded
New Continuum Data Centers Other Communications and Networking West Chicago, IL 2013
Matrix Internet Systems and Information Management Sao Paulo, Brazil 0000
To view SBA Communications’s complete subsidiaries history, request access »

SBA Communications ESG

Risk Overview

Risk Rating

Updated October, 28, 2023

10.43 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

0.00

Percentile

Real Estate

Industry

00 of 1,072

Rank

00.00

Percentile

REITs

Subindustry

00 of 438

Rank

00.00

Percentile

To view SBA Communications’s complete esg history, request access »

SBA Communications Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
ExteNet Systems 25-Jan-2010 00000 00000 00 00000 Completed
  • 9 buyers
To view SBA Communications’s complete exits history, request access »

SBA Communications FAQs

  • When was SBA Communications founded?

    SBA Communications was founded in 1989.

  • Who is the CEO of SBA Communications?

    Brendan Cavanagh is the CEO of SBA Communications.

  • Where is SBA Communications headquartered?

    SBA Communications is headquartered in Boca Raton, FL.

  • What is the size of SBA Communications?

    SBA Communications has 1,787 total employees.

  • What industry is SBA Communications in?

    SBA Communications’s primary industry is Buildings and Property.

  • Is SBA Communications a private or public company?

    SBA Communications is a Public company.

  • What is SBA Communications’s stock symbol?

    The ticker symbol for SBA Communications is SBAC.

  • What is the current stock price of SBA Communications?

    As of 17-May-2024 the stock price of SBA Communications is $199.38.

  • What is the current market cap of SBA Communications?

    The current market capitalization of SBA Communications is $21.4B.

  • What is SBA Communications’s current revenue?

    The trailing twelve month revenue for SBA Communications is $2.69B.

  • Who are SBA Communications’s competitors?

    Diamond Communications, Centerline Communications, SQUAN Construction Services, and Skanska are competitors of SBA Communications.

  • What is SBA Communications’s annual earnings per share (EPS)?

    SBA Communications’s EPS for 12 months was $5.13.

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