Ausbil Investment Management Ltd completely sold its entire 15,483 share stake in SBA Communications, valued at $3.64 million, likely due to the company's poor stock performance over the past year.
SBA Communications Corp (SBAC)
Common Stock · Currency in USD · XNAS
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. The company has a very concentrated customer base, with most revenue in each market generated by the top few mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.
Company Info
SIC6798
Composite FIGIBBG000D2M0Z7
CIK0001034054
IPOJun 16, 1999
Sectorreal estate investment trusts
Highlights
Market Cap$21.56B
EPS$8.84
P/E Ratio22.42
Revenue$2.86B
Gross Profit$2.93B
Net Income$961.72M
Employees1,844
WSO105,654,000
Phone(561) 226-9345
Websitehttps://www.sbasite.com
Related Tickers
Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SBA Communications Corp, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
SBA Communications Corp (SBAC) has returned 6.17% so far this year and 0.29% over the past 12 months. Looking at the last ten years, SBAC has achieved an annualized return of 7.17%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
SBAC
1M4.81%
6M6.90%
YTD6.17%
1Y0.29%
5Y-5.96%
10Y7.17%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of SBA Communications Corp (SBAC) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.20% | 9.25% | -13.64% | 19.58% | ||||||||
| 2025 | -3.66% | 10.63% | 1.45% | 10.71% | -3.88% | 2.11% | -4.13% | -12.70% | -4.59% | -1.36% | 2.63% | 0.15% |
| 2024 | -11.13% | -6.39% | 3.85% | -13.99% | 4.23% | -0.40% | 12.68% | 3.23% | 6.58% | -4.85% | -1.06% | -9.84% |
| 2023 | 5.27% | -12.20% | 1.62% | 0.56% | -14.13% | 3.78% | -5.53% | -0.58% | -11.33% | 4.92% | 18.12% | 2.88% |
| 2022 | -16.14% | -6.42% | 8.02% | 0.48% | -3.27% | -4.58% | 5.29% | -2.54% | -12.21% | -5.97% | 7.33% | -7.26% |
| 2021 | -5.10% | -5.42% | 7.54% | 6.43% | -0.67% | 7.00% | 7.04% | 5.27% | -8.13% | 4.27% | -0.44% | 12.53% |
| 2020 | 3.49% | 5.65% | 1.13% | 12.24% | 9.09% | -5.33% | 4.64% | -1.46% | 4.21% | -9.39% | -2.85% | -2.42% |
| 2019 | 14.01% | -1.30% | 10.18% | 1.75% | 6.64% | 3.35% | 7.88% | 7.11% | -8.26% | -0.08% | -1.74% | 2.06% |
| 2018 | 7.00% | -9.83% | 8.47% | -6.38% | -2.33% | 4.17% | -3.90% | -1.14% | 3.79% | 2.38% | 4.80% | -5.77% |
| 2017 | 0.01% | 9.44% | 3.62% | 5.45% | 9.03% | -2.46% | 1.85% | 13.66% | -6.72% | 9.29% | 7.95% | -3.79% |
| 2016 | 3.93% | -3.99% | 8.15% | 6.30% | -0.39% | -2.07% | 1.36% | -12.89% | 4.20% |
Performance Indicators
The charts below present risk-adjusted performance metrics for SBA Communications Corp (SBAC) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of SBAC compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current SBA Communications Corp volatility is 4.45%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 11.58B | 11.42B | 10.18B | 10.59B | 9.80B | 9.16B | 9.76B | 7.21B | 7.32B | 7.36B | 7.40B | 7.84B | 6.78B | 6.60B | 3.61B |
| Temporary Equity Attributable To Parent (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.71M | - |
| Temporary Equity (USD) | 78.26M | 54.13M | 35.05M | 31.74M | 17.25M | - | 16.05M | - | - | - | - | - | - | 11.71M | - |
| Equity Attributable To Parent (USD) | -4.85B | -5.11B | -5.17B | -5.28B | -5.28B | -4.82B | -3.67B | -3.38B | -2.60B | -2.00B | -1.71B | -660.80M | 356.97M | 652.99M | -11.31M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity (USD) | -4.85B | -5.11B | -5.17B | -5.28B | -5.28B | -4.82B | -3.67B | -3.38B | -2.60B | -2.00B | -1.71B | -660.80M | 356.97M | 652.99M | -11.31M |
| Redeemable Noncontrolling Interest (USD) | 78.26M | 54.13M | 35.05M | 31.74M | 17.25M | - | 16.05M | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities (USD) | 771.70M | 1.08B | 1.63B | 2.26B | 2.15B | 2.26B | 2.03B | - | 329.73M | - | 293.68M | 310.08M | - | - | 124.28M |
| Long-term Debt (USD) | 12.90B | 13.59B | 12.32B | 12.87B | 12.30B | 11.10B | 10.33B | 9.94B | 9.31B | 8.78B | 8.54B | 7.86B | 5.88B | 5.36B | 3.35B |
| Noncurrent Liabilities (USD) | 13.67B | 14.68B | 13.95B | 15.13B | 14.45B | 13.35B | 12.36B | 9.38B | 9.64B | 8.48B | 8.84B | 8.17B | 5.68B | 5.07B | 3.48B |
| Other Current Liabilities (USD) | 2.61B | 1.74B | 1.32B | 645.34M | 582.27M | 504.83M | 1.02B | 1.17B | 245.57M | 845.13M | 246.27M | 288.20M | 723.37M | 835.99M | 114.13M |
| Accounts Payable (USD) | 73.03M | 59.55M | 42.20M | 51.43M | 34.07M | 109.97M | 31.85M | 34.31M | 33.33M | 28.32M | 27.11M | 42.85M | 24.30M | 27.69M | 12.76M |
| Current Liabilities (USD) | 2.68B | 1.80B | 1.36B | 696.76M | 616.33M | 614.80M | 1.05B | 1.21B | 278.91M | 873.45M | 273.37M | 331.05M | 747.67M | 863.69M | 126.88M |
| Liabilities (USD) | 16.43B | 16.53B | 15.35B | 15.86B | 15.09B | 13.98B | 13.43B | 10.59B | 9.92B | 9.36B | 9.11B | 8.50B | 6.43B | 5.94B | 3.62B |
| Other Non-current Assets (USD) | 7.40B | 6.65B | 6.98B | 7.39B | 6.61B | 6.01B | 6.63B | 4.05B | 4.25B | 587.37M | 591.49M | 562.28M | 473.89M | 421.60M | 253.87M |
| Intangible Assets (USD) | - | - | - | - | - | - | - | - | - | 3.66B | 3.74B | 4.19B | 3.39B | 3.13B | 1.64B |
| Fixed Assets (USD) | 3.40B | 2.79B | 2.71B | 2.71B | 2.58B | 2.68B | 2.79B | 2.79B | 2.81B | 2.79B | 2.78B | 2.76B | 2.58B | 2.67B | 1.58B |
| Noncurrent Assets (USD) | 10.80B | 9.44B | 9.69B | 10.10B | 9.19B | 8.69B | 9.43B | 6.84B | 7.06B | 7.04B | 7.11B | 7.51B | 6.44B | 6.23B | 3.48B |
| Other Current Assets (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | 329.02M | 115.11M |
| Prepaid Expenses (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | 39.54M | 14.25M |
| Current Assets (USD) | 773.43M | 1.98B | 484.27M | 482.73M | 614.45M | 472.99M | 334.27M | 373.85M | 259.53M | 324.57M | 293.96M | 326.89M | 343.65M | 368.56M | 129.36M |
| Assets (USD) | 11.58B | 11.42B | 10.18B | 10.59B | 9.80B | 9.16B | 9.76B | 7.21B | 7.32B | 7.36B | 7.40B | 7.84B | 6.78B | 6.60B | 3.61B |
News and Insights
Millicom reported Q2 2025 revenue of $1.37 billion, record adjusted EBITDA of $641 million, and net profit of $676 million. The company completed a partial infrastructure transaction with SBA, generating over $500 million in proceeds and announced a $2.50 per share interim dividend.
Millicom plans to announce its Q2 2025 financial results on August 7, 2025, via a press release and video conference for the global financial community, with details on joining the event and investor interaction options.
Utenos Trikotažas, a textile group owned by SBA, has seen a significant improvement in its financial performance in the first quarter of 2025. The company's sales increased by 66.3% compared to the same period last year, reaching 5.2 million euros. Additionally, the group's losses were reduced by almost one million euros, from 1.48 million euros in the first quarter of 2024 to 440 thousand euros in the same period of 2025.
The SBA is offering low-interest federal disaster loans to businesses, homeowners, and renters in Southern California affected by the recent wildfires and straight-line winds. The loans are available to help repair or replace damaged property and meet working capital needs.
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The SBA has exhausted funds for its disaster loan program, pausing new loan offers until Congress appropriates additional funds. However, the SBA is encouraging individuals and small businesses to continue applying, as they expect Congress to provide more funding upon their return in November.
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