EBITDA for SBA Communications (SBAC)
According to SBA Communications's latest reported financial statements, the company's current EBITDA (TTM) is $2.09B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$2.09B
YoY change
+21.8%
5Y CAGR
+9.4%
Peak year (2025)
$2.19B
Cumulative EBITDA
$20.70B
EBITDA history chart for SBA Communications (SBAC) from 1998 to 2025
EBITDA history table for SBA Communications (SBAC) from 1998 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $2.19B | +21.8% | ||
| 2024 | $1.79B | +0.2% | ||
| 2023 | $1.79B | +6.9% | ||
| 2022 | $1.68B | +10.7% | ||
| 2021 | $1.51B | +8.5% | ||
| 2020 | $1.39B | +6.4% | ||
| 2019 | $1.31B | +5.6% | ||
| 2018 | $1.24B | +9.5% | ||
| 2017 | $1.13B | +6.2% | ||
| 2016 | $1.07B | +0.5% | ||
| 2015 | $1.06B | +7.5% | ||
| 2014 | $987.40M | +24.7% | ||
| 2013 | $791.94M | +40.9% | ||
| 2012 | $562.00M | +30.0% | ||
| 2011 | $432.42M | +17.2% | ||
| 2010 | $368.97M | +14.5% | ||
| 2009 | $322.19M | +24.8% | ||
| 2008 | $258.07M | +29.5% | ||
| 2007 | $199.28M | +18.2% | ||
| 2006 | $168.66M | +40.4% | ||
| 2005 | $120.15M | +24.0% | ||
| 2004 | $96.92M | +60.3% | ||
| 2003 | $60.48M | -14.2% | ||
| 2002 | $70.49M | -4.3% | ||
| 2001 | $73.66M | +1190.8% | ||
| 2000 | $5.71M | -38.6% | ||
| 1999 | $9.30M | -410.0% | ||
| 1998 | -$3.00M | — |
EBITDA values are taken from SBA Communications's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, SBA Communications (SBAC) reported EBITDA of $2.19B – grew 21.8% year-over-year.
Through 2020–2025 (5 years), SBA Communications EBITDA delivered a +9.4% annualised rate; sustaining 22 straight years of year-over-year growth.
The highest annual EBITDA of $2.19B was reported in 2025. The lowest in the available history was -$3.00M in 1998.
Within Real Estate, SBA Communications (SBAC) ranks 9th among 8 peers we track. The peer median for EBITDA is $3.83B.
SBA Communications EBITDA by Year
SBA Communications EBITDA 2025: $2.19B
SBA Communications EBITDA in 2025 was $2.19B, grew 21.8% from 2024. This figure represents the highest annual value in the available history.
SBA Communications EBITDA 2024: $1.79B
SBA Communications EBITDA in 2024 was $1.79B, edged up 0.2% from 2023.
SBA Communications EBITDA 2023: $1.79B
SBA Communications EBITDA in 2023 was $1.79B, grew 6.9% from 2022.
SBA Communications EBITDA 2022: $1.68B
SBA Communications EBITDA in 2022 was $1.68B, grew 10.7% from 2021.
SBA Communications EBITDA 2021: $1.51B
SBA Communications EBITDA in 2021 was $1.51B.
See more financial history for SBA Communications (SBAC).
Sector peers — EBITDA
Companies in the same sector as SBA Communications, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $7.86B | Real Estate |
| Prologis, Inc. (PLD) | $7.20B | Real Estate |
| American Tower Corporation (AMT) | $6.12B | Real Estate |
| Equinix, Inc. (EQIX) | $4.07B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.59B | Real Estate |
| Realty Income Corporation (O) | $3.55B | Real Estate |
| Public Storage (PSA) | $3.25B | Real Estate |
| Welltower Inc. (WELL) | $2.31B | Real Estate |
Frequently asked questions
What is SBA Communications's EBITDA?
- Latest reported EBITDA for SBA Communications (SBAC) is $2.09B (period ending December 31, 2025).
How has SBA Communications EBITDA changed year-over-year?
- SBA Communications (SBAC) EBITDA changed +21.8% year-over-year on the latest annual filing.
What is the long-term growth rate of SBA Communications EBITDA?
- SBA Communications (SBAC) EBITDA compound annual growth rate is +9.4% over the most recent 5 years available.
When did SBA Communications EBITDA hit its highest annual value?
- SBA Communications EBITDA reached its highest annual value of $2.19B in 2025.
What was SBA Communications EBITDA in 2024?
- SBA Communications (SBAC) EBITDA in 2024 was $1.79B.
What was SBA Communications EBITDA in 2025?
- SBA Communications (SBAC) EBITDA in 2025 was $2.19B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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