Net Assets for SBA Communications (SBAC)
According to SBA Communications's latest reported financial statements, the company's latest reported net assets is -$4.85B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet AssetsSwitch metric
Latest period
-$4.85B
YoY change
-5.0%
5Y CAGR
N/A
Peak year (2012)
$652.99M
Latest annual
-$4.85B
Net Assets history chart for SBA Communications (SBAC) from 1998 to 2025
Net Assets history table for SBA Communications (SBAC) from 1998 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | -$4.85B | -5.0% | ||
| 2024 | -$5.11B | -1.2% | ||
| 2023 | -$5.17B | -2.0% | ||
| 2022 | -$5.28B | -0.1% | ||
| 2021 | -$5.28B | +9.5% | ||
| 2020 | -$4.82B | +31.6% | ||
| 2019 | -$3.67B | +8.6% | ||
| 2018 | -$3.38B | +29.9% | ||
| 2017 | -$2.60B | +30.2% | ||
| 2016 | -$2.00B | +17.0% | ||
| 2015 | -$1.71B | +158.2% | ||
| 2014 | -$660.80M | -285.1% | ||
| 2013 | $356.97M | -45.3% | ||
| 2012 | $652.99M | -5872.0% | ||
| 2011 | -$11.31M | -103.6% | ||
| 2010 | $317.11M | -47.1% | ||
| 2009 | $599.03M | +21.8% | ||
| 2008 | $491.76M | +45.8% | ||
| 2007 | $337.39M | -12.6% | ||
| 2006 | $385.92M | +373.9% | ||
| 2005 | $81.43M | -191.8% | ||
| 2004 | -$88.67M | -302.1% | ||
| 2003 | $43.88M | -76.3% | ||
| 2002 | $185.47M | -58.8% | ||
| 2001 | $450.64M | -16.3% | ||
| 2000 | $538.16M | +1007.3% | ||
| 1999 | $48.60M | +548.0% | ||
| 1998 | $7.50M | — |
Net Assets values are taken from SBA Communications's reported balance sheets (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
The 2025 reading of SBA Communications (SBAC) net assets is -$4.85B – declined 5.0% year-over-year.
Between 2012 and 2025, SBA Communications net assets plunged 843.3%, falling from $652.99M to -$4.85B.
The highest annual net assets of $652.99M was reported in 2012. The lowest in the available history was -$5.28B in 2021.
Within Real Estate, SBA Communications (SBAC) ranks 9th among 8 peers we track. The peer median for net assets is $18.54B.
SBA Communications Net Assets by Year
SBA Communications Net Assets 2025: -$4.85B
SBA Communications net assets in 2025 was -$4.85B, declined 5.0% below 2024.
SBA Communications Net Assets 2024: -$5.11B
SBA Communications net assets in 2024 was -$5.11B, edged down 1.2% below 2023.
SBA Communications Net Assets 2023: -$5.17B
SBA Communications net assets in 2023 was -$5.17B, edged down 2.0% below 2022.
SBA Communications Net Assets 2022: -$5.28B
SBA Communications net assets in 2022 was -$5.28B, edged down 0.1% below 2021.
SBA Communications Net Assets 2021: -$5.28B
SBA Communications net assets in 2021 was -$5.28B.
See more financial history for SBA Communications (SBAC).
Sector peers — Net Assets
Companies in the same sector as SBA Communications, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $53.19B | Real Estate |
| Welltower Inc. (WELL) | $42.13B | Real Estate |
| Realty Income Corporation (O) | $39.44B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $22.93B | Real Estate |
| Equinix, Inc. (EQIX) | $14.16B | Real Estate |
| Public Storage (PSA) | $9.25B | Real Estate |
| Simon Property Group, Inc. (SPG) | $5.21B | Real Estate |
| American Tower Corporation (AMT) | $3.65B | Real Estate |
Frequently asked questions
What is SBA Communications's net assets?
- Latest reported net assets for SBA Communications (SBAC) is -$4.85B (period ending December 31, 2025).
How has SBA Communications net assets changed year-over-year?
- SBA Communications (SBAC) net assets changed -5.0% year-over-year on the latest annual filing.
When did SBA Communications net assets hit its highest annual value?
- SBA Communications net assets reached its highest annual value of $652.99M in 2012.
What was SBA Communications net assets in 2024?
- SBA Communications (SBAC) net assets in 2024 was -$5.11B.
What was SBA Communications net assets in 2025?
- SBA Communications (SBAC) net assets in 2025 was -$4.85B.
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