Latest period
106M
YoY change
-0.5%
5Y CAGR
-1.1%
Peak year (FY2014)
129M
Latest annual
108M
Shares Outstanding history chart for SBA Communications (SBAC) from 2016 to 2025
Latest: 108M
Shares Outstanding growth chart for SBA Communications (SBAC) from 2016 to 2025
Latest: -0.5%
Shares Outstanding history table for SBA Communications (SBAC) from 1998 to 2025
| FY2025 | 108M | -0.5% | -547K | ||
| FY2024 | 108M | -0.8% | -827K | ||
| FY2023 | 109M | -0.4% | -479K | ||
| FY2022 | 109M | -1.6% | -1.79M | ||
| FY2021 | 111M | -2.0% | -2.29M | ||
| FY2020 | 113M | -1.1% | -1.23M | ||
| FY2019 | 115M | -1.6% | -1.82M | ||
| FY2018 | 117M | -3.7% | -4.51M | ||
| FY2017 | 121M | -3.3% | -4.12M | ||
| FY2016 | 125M | -2.1% | -2.65M | ||
| FY2015 | 128M | -0.9% | -1.13M | ||
| FY2014 | 129M | +0.9% | +1.15M | ||
| FY2013 | 128M | +6.2% | +7.49M | ||
| FY2012 | 120M | +7.8% | +8.69M | ||
| FY2011 | 112M | -3.5% | -4M | ||
| FY2010 | 116M | -1.3% | -1.57M | ||
| FY2009 | 117M | +6.6% | +7.28M | ||
| FY2008 | 110M | +4.9% | +5.14M | ||
| FY2007 | 105M | +6.7% | +6.55M | ||
| FY2006 | 98.2M | +33.0% | +24.4M | ||
| FY2005 | 73.8M | +26.4% | +15.4M | ||
| FY2004 | 58.4M | +11.9% | +6.22M | ||
| FY2003 | 52.2M | +3.4% | +1.71M | ||
| FY2002 | 50.5M | +6.7% | +3.17M | ||
| FY2001 | 47.3M | +15.0% | +6.16M | ||
| FY2000 | 41.2M | +138.6% | +23.9M | ||
| FY1999 | 17.2M | +102.3% | +8.72M | ||
| FY1998 | 8.53M | — | — |
- FY2025108M-0.5%
- FY2024108M-0.8%
- FY2023109M-0.4%
- FY2022109M-1.6%
- FY2021111M-2.0%
- FY2020113M-1.1%
- FY2019115M-1.6%
- FY2018117M-3.7%
- FY2017121M-3.3%
- FY2016125M-2.1%
- FY2015128M-0.9%
- FY2014129M+0.9%
- FY2013128M+6.2%
- FY2012120M+7.8%
- FY2011112M-3.5%
- FY2010116M-1.3%
- FY2009117M+6.6%
- FY2008110M+4.9%
- FY2007105M+6.7%
- FY200698.2M+33.0%
- FY200573.8M+26.4%
- FY200458.4M+11.9%
- FY200352.2M+3.4%
- FY200250.5M+6.7%
- FY200147.3M+15.0%
- FY200041.2M+138.6%
- FY199917.2M+102.3%
- FY19988.53M—
Shares Outstanding values are taken from SBA Communications's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Shares Outstanding at SBA Communications (SBAC)
According to SBA Communications's latest reported financial statements, the company's latest reported diluted shares outstanding is 106M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, SBA Communications (SBAC) diluted shares outstanding totalled 108M – edged down 0.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, SBA Communications diluted shares outstanding compounded at -1.1% per year, with a net decline across the window.
SBA Communications diluted shares outstanding peaked at 129M in 2014; the latest annual figure is 108M in 2025 (16.6% below peak).
2014 marks the peak diluted shares outstanding at 129M, with the historical low of 8.53M recorded in 1998.
SBA Communications Shares Outstanding by Year
SBA Communications Shares Outstanding 2025: 108M
In 2025, SBA Communications reported diluted shares outstanding of 108M, edged down 0.5% below 2024.
SBA Communications Shares Outstanding 2024: 108M
SBA Communications diluted shares outstanding in 2024 was 108M, edged down 0.8% below 2023.
SBA Communications Shares Outstanding 2023: 109M
2023's diluted shares outstanding for SBA Communications came in at 109M, edged down 0.4% below 2022.
SBA Communications Shares Outstanding 2022: 109M
SBA Communications posted diluted shares outstanding of 109M in 2022, edged down 1.6% below 2021.
SBA Communications Shares Outstanding 2021: 111M
SBA Communications diluted shares outstanding in 2021 was 111M.
See more financial history for SBA Communications (SBAC).
Sector peers by Shares Outstanding
Real Estate peers of SBA Communications (SBAC), ranked by their latest diluted shares outstanding
Frequently asked questions
SBA Communications (SBAC) Key Financials
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Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.