Market Cap for SBA Communications (SBAC)
According to SBA Communications's latest reported financial statements, the company's latest reported market cap is $20.63B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingMarket CapSwitch metric
Latest period
$20.63B
YoY change
+11.7%
5Y CAGR
-11.7%
Peak year (2021)
$43.25B
Latest annual
$23.22B
Market Cap history chart for SBA Communications (SBAC) from 1999 to 2026
Market Cap history table for SBA Communications (SBAC) from 1999 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $23.22B | +11.7% | ||
| 2025 | $20.80B | -5.6% | ||
| 2024 | $22.03B | -20.3% | ||
| 2023 | $27.63B | -9.9% | ||
| 2022 | $30.66B | -29.1% | ||
| 2021 | $43.25B | +35.1% | ||
| 2020 | $32.01B | +15.8% | ||
| 2019 | $27.64B | +46.5% | ||
| 2018 | $18.86B | -4.6% | ||
| 2017 | $19.77B | +53.0% | ||
| 2016 | $12.92B | -3.8% | ||
| 2015 | $13.43B | -6.0% | ||
| 2014 | $14.28B | +24.4% | ||
| 2013 | $11.48B | +34.5% | ||
| 2012 | $8.54B | +78.1% | ||
| 2011 | $4.79B | +1.3% | ||
| 2010 | $4.73B | +18.2% | ||
| 2009 | $4.00B | +123.2% | ||
| 2008 | $1.79B | -49.4% | ||
| 2007 | $3.54B | +31.3% | ||
| 2006 | $2.70B | +104.3% | ||
| 2005 | $1.32B | +143.7% | ||
| 2004 | $542.14M | +176.2% | ||
| 2003 | $196.29M | +848.2% | ||
| 2002 | $20.70M | -96.6% | ||
| 2001 | $616.12M | -63.5% | ||
| 2000 | $1.69B | +422.5% | ||
| 1999 | $323.41M | — |
Market Cap 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
SBA Communications (SBAC) most recent annual market cap stands at $23.22B (2026) – grew 11.7% year-over-year.
Over 2021–2026 (5 years), SBA Communications market cap expanded at a -11.7% compound annual rate, with a net decline across the window.
Between 2021 and 2026, SBA Communications market cap plunged 46.3%, falling from $43.25B to $23.22B.
The highest annual market cap of $43.25B was reported in 2021. The lowest in the available history was $20.70M in 2002.
SBA Communications (SBAC) sits 9th of 8 Real Estate peers we track on this metric, against a peer median of $75.03B.
SBA Communications Market Cap by Year
SBA Communications Market Cap 2026: $23.22B
SBA Communications market cap in 2026 was $23.22B, grew 11.7% from 2025.
SBA Communications Market Cap 2025: $20.80B
SBA Communications market cap in 2025 was $20.80B, declined 5.6% below 2024.
SBA Communications Market Cap 2024: $22.03B
SBA Communications market cap in 2024 was $22.03B, declined 20.3% below 2023.
SBA Communications Market Cap 2023: $27.63B
SBA Communications market cap in 2023 was $27.63B, declined 9.9% below 2022.
SBA Communications Market Cap 2022: $30.66B
SBA Communications market cap in 2022 was $30.66B.
See more financial history for SBA Communications (SBAC).
Sector peers — Market Cap
Companies in the same sector as SBA Communications, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Welltower Inc. (WELL) | $150.38B | Real Estate |
| Prologis, Inc. (PLD) | $131.94B | Real Estate |
| Equinix, Inc. (EQIX) | $106.16B | Real Estate |
| American Tower Corporation (AMT) | $83.20B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $66.86B | Real Estate |
| Simon Property Group, Inc. (SPG) | $65.86B | Real Estate |
| Realty Income Corporation (O) | $59.26B | Real Estate |
| Public Storage (PSA) | $52.16B | Real Estate |
Frequently asked questions
What is SBA Communications's market cap?
- Latest reported market cap for SBA Communications (SBAC) is $20.63B (period ending December 31, 2025).
How has SBA Communications market cap changed year-over-year?
- SBA Communications (SBAC) market cap changed +11.7% year-over-year on the latest annual filing.
What is the long-term growth rate of SBA Communications market cap?
- SBA Communications (SBAC) market cap compound annual growth rate is -11.7% over the most recent 5 years available.
When did SBA Communications market cap hit its highest annual value?
- SBA Communications market cap reached its highest annual value of $43.25B in 2021.
What was SBA Communications market cap in 2025?
- SBA Communications (SBAC) market cap in 2025 was $20.80B.
What was SBA Communications market cap in 2026?
- SBA Communications (SBAC) market cap in 2026 was $23.22B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
SBAC Overview
Company profile, financial tools, and key metrics
SBAC Revenue Counter
Earns $89.27 every second. See per minute, hour, and day.
SBAC Earnings Counter
Earns $33.41 per second net profit. See per minute, hour, and day.
SBAC Economic Scale
Exceeds Central African Republic's GDP. Compare with world economies.
SBAC What If Invested
What if you had invested $1,000? See historical returns from any date.
SBAC How It Makes Money
Discover visual breakdown of $2.82B in revenue — where it comes from and where it goes.
SBAC Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
SBAC Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
SBAC Daily Price Character
Explosive · 51.4% historical win rate (green days). Streaks & record days.
SBAC Buybacks
2.42% TTM buyback yield. Shareholder yield & SBC comparison.
SBAC Dividend Profile
Yield: 2.12%. Safety: 6/7. See full history.
SBAC Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
SBAC Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.