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Total Debt for SBA Communications (SBAC)

According to SBA Communications's latest reported financial statements, the company's latest reported total debt is $15.32B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

$15.32B

YoY change

-2.8%

5Y CAGR

+2.7%

Peak year (2024)

$15.76B

Latest annual

$15.32B

Total Debt history chart for SBA Communications (SBAC) from 1998 to 2025

Total Debt history table for SBA Communications (SBAC) from 1998 to 2025

Fiscal yearPeriod endedReportedTotal DebtYoY
2025$15.32B-2.8%
2024$15.76B+8.9%
2023$14.46B-4.7%
2022$15.17B+4.5%
2021$14.52B+8.2%
2020$13.43B+4.4%
2019$12.86B+29.4%
2018$9.94B+6.7%
2017$9.31B+6.1%
2016$8.78B+3.8%
2015$8.45B+7.5%
2014$7.86B+33.8%
2013$5.88B+9.7%
2012$5.36B+59.7%
2011$3.35B+18.6%
2010$2.83B+13.6%
2009$2.49B+4.0%
2008$2.39B+25.6%
2007$1.91B+22.5%
2006$1.55B+98.2%
2005$784.39M-15.4%
2004$927.71M+6.5%
2003$870.76M-15.0%
2002$1.02B+21.2%
2001$845.45M+197.4%
2000$284.27M-10.7%
1999$318.30M+74.3%
1998$182.60M

Total Debt 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

2025's annual total debt for SBA Communications (SBAC) came in at $15.32B – edged down 2.8% year-over-year.

Across 2020–2025 (5 years), SBA Communications total debt produced a CAGR of +2.7% – with the latest reading among the more recent periods of the dataset.

The highest annual total debt of $15.76B was reported in 2024. The lowest in the available history was $182.60M in 1998.

Among 8 Real Estate peers, SBA Communications (SBAC) ranks 8th; the peer median for total debt is $26.68B.

SBA Communications Total Debt by Year

SBA Communications Total Debt 2025: $15.32B

SBA Communications total debt in 2025 was $15.32B, edged down 2.8% below 2024.

SBA Communications Total Debt 2024: $15.76B

SBA Communications total debt in 2024 was $15.76B, grew 8.9% from 2023. This figure represents the highest annual value in the available history.

SBA Communications Total Debt 2023: $14.46B

SBA Communications total debt in 2023 was $14.46B, edged down 4.7% below 2022.

SBA Communications Total Debt 2022: $15.17B

SBA Communications total debt in 2022 was $15.17B, edged up 4.5% from 2021.

SBA Communications Total Debt 2021: $14.52B

SBA Communications total debt in 2021 was $14.52B.

See more financial history for SBA Communications (SBAC).

Sector peers — Total Debt

Companies in the same sector as SBA Communications, ranked by their latest total debt.

CompanyTotal DebtSector
American Tower Corporation (AMT)$44.96BReal Estate
Prologis, Inc. (PLD)$35.04BReal Estate
Realty Income Corporation (O)$32.85BReal Estate
Simon Property Group, Inc. (SPG)$29.19BReal Estate
Digital Realty Trust, Inc. (DLR)$24.18BReal Estate
Equinix, Inc. (EQIX)$22.73BReal Estate
Welltower Inc. (WELL)$21.38BReal Estate
Public Storage (PSA)$10.25BReal Estate

Frequently asked questions

What is SBA Communications's total debt?

Latest reported total debt for SBA Communications (SBAC) is $15.32B (period ending December 31, 2025).

How has SBA Communications total debt changed year-over-year?

SBA Communications (SBAC) total debt changed -2.8% year-over-year on the latest annual filing.

What is the long-term growth rate of SBA Communications total debt?

SBA Communications (SBAC) total debt compound annual growth rate is +2.7% over the most recent 5 years available.

When did SBA Communications total debt hit its highest annual value?

SBA Communications total debt reached its highest annual value of $15.76B in 2024.

What was SBA Communications total debt in 2024?

SBA Communications (SBAC) total debt in 2024 was $15.76B.

What was SBA Communications total debt in 2025?

SBA Communications (SBAC) total debt in 2025 was $15.32B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.