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SBAC vs. AMT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SBAC and AMT is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

SBAC vs. AMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SBA Communications Corporation (SBAC) and American Tower Corporation (AMT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SBAC:

0.57

AMT:

0.50

Sortino Ratio

SBAC:

1.15

AMT:

1.06

Omega Ratio

SBAC:

1.14

AMT:

1.14

Calmar Ratio

SBAC:

0.35

AMT:

0.50

Martin Ratio

SBAC:

1.75

AMT:

1.45

Ulcer Index

SBAC:

10.24%

AMT:

12.53%

Daily Std Dev

SBAC:

27.15%

AMT:

27.92%

Max Drawdown

SBAC:

-99.65%

AMT:

-98.70%

Current Drawdown

SBAC:

-38.27%

AMT:

-22.12%

Fundamentals

Market Cap

SBAC:

$23.93B

AMT:

$99.10B

EPS

SBAC:

$7.56

AMT:

$6.18

PE Ratio

SBAC:

29.46

AMT:

34.25

PEG Ratio

SBAC:

1.65

AMT:

50.79

PS Ratio

SBAC:

8.91

AMT:

9.74

PB Ratio

SBAC:

0.00

AMT:

27.08

Total Revenue (TTM)

SBAC:

$2.69B

AMT:

$10.53B

Gross Profit (TTM)

SBAC:

$2.02B

AMT:

$7.21B

EBITDA (TTM)

SBAC:

$1.68B

AMT:

$7.45B

Returns By Period

In the year-to-date period, SBAC achieves a 12.99% return, which is significantly lower than AMT's 16.36% return. Over the past 10 years, SBAC has underperformed AMT with an annualized return of 7.53%, while AMT has yielded a comparatively higher 10.91% annualized return.


SBAC

YTD

12.99%

1M

1.88%

6M

5.40%

1Y

15.39%

5Y*

-3.07%

10Y*

7.53%

AMT

YTD

16.36%

1M

-2.90%

6M

10.55%

1Y

13.89%

5Y*

1.09%

10Y*

10.91%

*Annualized

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Risk-Adjusted Performance

SBAC vs. AMT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SBAC
The Risk-Adjusted Performance Rank of SBAC is 6969
Overall Rank
The Sharpe Ratio Rank of SBAC is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of SBAC is 6969
Sortino Ratio Rank
The Omega Ratio Rank of SBAC is 6666
Omega Ratio Rank
The Calmar Ratio Rank of SBAC is 6868
Calmar Ratio Rank
The Martin Ratio Rank of SBAC is 7171
Martin Ratio Rank

AMT
The Risk-Adjusted Performance Rank of AMT is 6969
Overall Rank
The Sharpe Ratio Rank of AMT is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of AMT is 6767
Sortino Ratio Rank
The Omega Ratio Rank of AMT is 6666
Omega Ratio Rank
The Calmar Ratio Rank of AMT is 7272
Calmar Ratio Rank
The Martin Ratio Rank of AMT is 6868
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SBAC vs. AMT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SBA Communications Corporation (SBAC) and American Tower Corporation (AMT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current SBAC Sharpe Ratio is 0.57, which is comparable to the AMT Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of SBAC and AMT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

SBAC vs. AMT - Dividend Comparison

SBAC's dividend yield for the trailing twelve months is around 1.77%, less than AMT's 3.10% yield.


TTM20242023202220212020201920182017201620152014
SBAC
SBA Communications Corporation
1.77%1.92%1.34%1.01%0.60%0.66%0.31%0.00%0.00%0.00%0.00%0.00%
AMT
American Tower Corporation
3.10%3.53%2.99%2.77%1.78%2.02%1.64%1.99%1.84%2.05%1.87%1.42%

Drawdowns

SBAC vs. AMT - Drawdown Comparison

The maximum SBAC drawdown since its inception was -99.65%, roughly equal to the maximum AMT drawdown of -98.70%. Use the drawdown chart below to compare losses from any high point for SBAC and AMT. For additional features, visit the drawdowns tool.


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Volatility

SBAC vs. AMT - Volatility Comparison

SBA Communications Corporation (SBAC) and American Tower Corporation (AMT) have volatilities of 10.65% and 10.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

SBAC vs. AMT - Financials Comparison

This section allows you to compare key financial metrics between SBA Communications Corporation and American Tower Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


500.00M1.00B1.50B2.00B2.50B3.00B20212022202320242025
664.25M
2.56B
(SBAC) Total Revenue
(AMT) Total Revenue
Values in USD except per share items

SBAC vs. AMT - Profitability Comparison

The chart below illustrates the profitability comparison between SBA Communications Corporation and American Tower Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%30.0%40.0%50.0%60.0%70.0%80.0%20212022202320242025
76.9%
75.2%
(SBAC) Gross Margin
(AMT) Gross Margin
SBAC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, SBA Communications Corporation reported a gross profit of 510.58M and revenue of 664.25M. Therefore, the gross margin over that period was 76.9%.

AMT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, American Tower Corporation reported a gross profit of 1.93B and revenue of 2.56B. Therefore, the gross margin over that period was 75.2%.

SBAC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, SBA Communications Corporation reported an operating income of 334.91M and revenue of 664.25M, resulting in an operating margin of 50.4%.

AMT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, American Tower Corporation reported an operating income of 1.25B and revenue of 2.56B, resulting in an operating margin of 48.9%.

SBAC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, SBA Communications Corporation reported a net income of 191.78M and revenue of 664.25M, resulting in a net margin of 28.9%.

AMT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, American Tower Corporation reported a net income of 488.70M and revenue of 2.56B, resulting in a net margin of 19.1%.