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ISIN
US78410G1040
CUSIP
78410G104
IPO Date
Jun 16, 1999

Highlights

Market Cap
$19.91B
Enterprise Value
$27.76B
EPS (TTM)
$9.50
PE Ratio
19.74
PEG Ratio
0.40
Total Revenue (TTM)
$2.85B
Gross Profit (TTM)
$1.28B
EBITDA (TTM)
$1.74B
Year Range
$162.41 - $243.16
Target Price
$230.17
ROA (TTM)
8.68%
ROE (TTM)
-21.42%

Share Price Chart


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Performance

SBAC Performance Chart

SBA Communications Corporation (SBAC) is down 1.8% since the beginning of the year. At $188 per share, SBAC is trading 22.9% below its 52-week high of $243. Investors who bought $1,000 worth of SBAC shares 5 years ago would now be looking at an investment worth $640.


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S&P 500 Index

Returns By Period

SBA Communications Corporation (SBAC) has returned -1.77% so far this year and -16.26% over the past 12 months. Over the last ten years, SBAC has returned 7.13% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


SBA Communications Corporation

1D
0.39%
1M
-8.75%
YTD
-1.77%
6M
-0.33%
1Y
-16.26%
3Y*
-3.73%
5Y*
-8.55%
10Y*
7.13%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SBAC Monthly Returns History

Based on dividend-adjusted daily data since Jun 16, 1999, SBAC's average daily return is +0.11%, while the average monthly return is +2.50%. At this rate, an investment would double in approximately 2.3 years.

Historically, 56% of months were positive and 44% were negative. The best month was Apr 2001 with a return of +115.6%, while the worst month was Oct 2002 at -66.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SBAC closed higher 52% of trading days. The best single day was Mar 7, 2002 with a return of +45.5%, while the worst single day was Oct 4, 2002 at -48.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-4.82%9.26%-13.86%28.52%-7.60%-7.66%-1.77%
2025-3.06%10.30%1.49%10.63%-4.27%1.27%-4.31%-8.39%-5.61%-0.97%2.02%-0.43%-3.13%
2024-11.76%-6.54%4.03%-14.11%6.20%-0.19%11.84%3.71%6.19%-4.67%-0.96%-9.92%-18.18%
20236.14%-12.83%1.01%-0.07%-14.67%4.50%-5.53%2.95%-10.85%4.23%18.80%2.73%-8.15%
2022-16.34%-6.78%13.67%0.87%-2.81%-4.92%4.92%-2.93%-12.48%-5.18%11.16%-6.34%-27.30%
2021-4.77%-5.04%9.05%7.99%-0.34%6.90%6.99%5.45%-7.91%4.47%-0.28%13.15%38.95%

Benchmark Metrics

SBA Communications Corporation has an annualized alpha of 20.16%, beta of 1.06, and R2 of 0.13 versus S&P 500 Index. Calculated based on daily prices since June 16, 1999.

  • This stock captured 157.55% of S&P 500 Index gains and 122.76% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • R2 of 0.13 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
20.16%
Beta
1.06
0.13
Upside Capture
157.55%
Downside Capture
122.76%

Return for Risk

Risk / Return Rank

SBAC ranks 20 for risk / return — in the bottom 20% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


SBAC Risk / Return Rank: 2020
Overall Rank
SBAC Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
SBAC Sortino Ratio Rank: 1717
Sortino Ratio Rank
SBAC Omega Ratio Rank: 1919
Omega Ratio Rank
SBAC Calmar Ratio Rank: 2222
Calmar Ratio Rank
SBAC Martin Ratio Rank: 2121
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for SBA Communications Corporation (SBAC) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


SBACBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-2.53

Sortino ratioReturn per unit of downside risk

-3.39

Omega ratioGain probability vs. loss probability

0.93

1.37

-0.44

Calmar ratioReturn relative to maximum drawdown

-0.55

2.78

-3.33

Martin ratioReturn relative to average drawdown

-1.01

12.44

-13.45

Dividends

Dividend History

SBA Communications Corporation provided a 2.52% dividend yield over the last twelve months, with an annual payout of $4.72 per share. The company has been increasing its dividends for 6 consecutive years.


0.50%1.00%1.50%2.00%$0.00$1.00$2.00$3.00$4.002019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019
Dividend$4.72$4.44$3.92$3.40$2.84$2.32$1.86$0.74

Dividend yield

2.52%2.30%1.92%1.34%1.01%0.60%0.66%0.31%

Monthly Dividends

The table displays the monthly dividend distributions for SBA Communications Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$1.25$0.00$1.25$0.00$2.50
2025$0.00$0.00$1.11$0.00$1.11$0.00$0.00$1.11$0.00$0.00$1.11$0.00$4.44
2024$0.00$0.00$0.98$0.00$0.98$0.00$0.00$0.98$0.00$0.00$0.98$0.00$3.92
2023$0.00$0.00$0.85$0.00$0.85$0.00$0.00$0.85$0.00$0.00$0.85$0.00$3.40
2022$0.00$0.00$0.71$0.00$0.71$0.00$0.00$0.71$0.00$0.00$0.71$0.00$2.84
2021$0.00$0.00$0.58$0.00$0.58$0.00$0.00$0.58$0.00$0.00$0.58$0.00$2.32

Dividend Yield & Payout


Dividend Yield

SBA Communications Corporation has a dividend yield of 2.52%, which is quite average when compared to the overall market.

Payout Ratio

SBA Communications Corporation has a payout ratio of 48.34%, which is quite average when compared to the overall market. This suggests that SBA Communications Corporation strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the SBA Communications Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the SBA Communications Corporation was 99.65%, occurring on Oct 14, 2002. Recovery took 2443 trading sessions.

The current SBA Communications Corporation drawdown is 48.01%.


Related event

Drawdown

Fall

Recovery

Underwater

Dot-com crash2000–2002
-99.65%Oct 2002
2y 3mo9y 8mo
11y 12moJun 2000 - Jun 2012
2026 bear market2026
-54.50%Mar 2026
4y 2mo
4y 5moJan 2022 - now
1999 bear market1999
-38.18%Aug 1999
28d3mo 3d
4mo 1dJul 1999 - Nov 1999
Dot-com crash2000–2002
-36.28%Apr 2000
1mo 4d2mo 13d
3mo 17dMar 2000 - Jun 2000
2016 bear market2016
-33.63%Feb 2016
5mo 27d1y 2mo
1y 8moAug 2015 - May 2017

Drawdown Indicators


SBACBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-99.65%

-56.78%

-42.87%

Max Drawdown (1Y)

Largest decline over 1 year

-29.80%

-9.10%

-20.70%

Max Drawdown (3Y)

Largest decline over 3 years

-32.21%

-18.90%

-13.31%

Max Drawdown (5Y)

Largest decline over 5 years

-54.50%

-25.43%

-29.07%

Max Drawdown (10Y)

Largest decline over 10 years

-54.50%

-33.92%

-20.58%

Current Drawdown

Current decline from peak

-48.01%

-1.80%

-46.21%

Average Drawdown

Average peak-to-trough decline

-35.40%

-10.71%

-24.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

16.15%

2.03%

+14.12%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of SBA Communications Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how SBA Communications Corporation is priced in the market compared to other companies in the REIT - Specialty industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for SBAC, comparing it with other companies in the REIT - Specialty industry. Currently, SBAC has a P/E ratio of 19.7. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for SBAC compared to other companies in the REIT - Specialty industry. SBAC currently has a PEG ratio of 0.4. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for SBAC relative to other companies in the REIT - Specialty industry. Currently, SBAC has a P/S ratio of 7.0. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
Portfolio Analyzer

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