SBAC vs. LAMR
SBAC (SBA Communications Corporation) and LAMR (Lamar Advertising Company (REIT)) are both stocks. Both operate in the REIT - Specialty industry within the Real Estate sector. Over the past 10 years, SBAC returned 7.75%/yr vs 14.07%/yr for LAMR. At a 0.34 correlation, their price movements are largely independent.
Performance
SBAC vs. LAMR - Performance Comparison
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Returns By Period
In the year-to-date period, SBAC achieves a 2.75% return, which is significantly lower than LAMR's 20.32% return. Over the past 10 years, SBAC has underperformed LAMR with an annualized return of 7.75%, while LAMR has yielded a comparatively higher 14.07% annualized return.
SBAC
- 1D
- -3.84%
- 1M
- -9.69%
- YTD
- 2.75%
- 6M
- 6.30%
- 1Y
- -13.08%
- 3Y*
- -2.65%
- 5Y*
- -7.26%
- 10Y*
- 7.75%
LAMR
- 1D
- 0.01%
- 1M
- 7.22%
- YTD
- 20.32%
- 6M
- 17.16%
- 1Y
- 31.62%
- 3Y*
- 23.18%
- 5Y*
- 12.95%
- 10Y*
- 14.07%
SBAC vs. LAMR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBAC SBA Communications Corporation | 2.75% | -3.13% | -18.18% | -8.15% | -27.30% | 38.95% | 17.81% | 49.30% | -0.90% | 58.20% |
LAMR Lamar Advertising Company (REIT) | 20.32% | 9.73% | 19.98% | 18.56% | -18.04% | 51.29% | -3.19% | 35.32% | -1.92% | 15.65% |
Correlation
The correlation between SBAC and LAMR is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 1999 | 0.34 |
The correlation between SBAC and LAMR shifts across timeframes, from 0.21 (1 year) to 0.39 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SBAC:
$20.82B
LAMR:
$15.27B
SBAC:
$9.50
LAMR:
$5.42
SBAC:
20.65
LAMR:
27.77
SBAC:
0.42
LAMR:
1.81
SBAC:
7.36
LAMR:
6.67
SBAC:
$2.85B
LAMR:
$2.29B
SBAC:
$1.28B
LAMR:
$541.09M
SBAC:
$1.74B
LAMR:
$1.02B
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Return for Risk
SBAC vs. LAMR — Risk / Return Rank
SBAC
LAMR
SBAC vs. LAMR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SBA Communications Corporation (SBAC) and Lamar Advertising Company (REIT) (LAMR). 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.
| SBAC | LAMR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.41 | 1.43 | -1.84 |
Sortino ratioReturn per unit of downside risk | -0.50 | 2.07 | -2.57 |
Omega ratioGain probability vs. loss probability | 0.94 | 1.27 | -0.33 |
Calmar ratioReturn relative to maximum drawdown | -0.45 | 3.13 | -3.58 |
Martin ratioReturn relative to average drawdown | -0.85 | 8.62 | -9.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SBAC | LAMR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.41 | 1.43 | -1.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.25 | 0.49 | -0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.41 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.21 | +0.02 |
Drawdowns
SBAC vs. LAMR - Drawdown Comparison
The maximum SBAC drawdown since its inception was -99.65%, which is greater than LAMR's maximum drawdown of -91.85%. Use the drawdown chart below to compare losses from any high point for SBAC and LAMR.
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Drawdown Indicators
| SBAC | LAMR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.65% | -91.85% | -7.80% |
Max Drawdown (1Y)Largest decline over 1 year | -29.80% | -10.04% | -19.76% |
Max Drawdown (3Y)Largest decline over 3 years | -32.21% | -23.86% | -8.35% |
Max Drawdown (5Y)Largest decline over 5 years | -54.50% | -30.09% | -24.41% |
Max Drawdown (10Y)Largest decline over 10 years | -54.50% | -65.79% | +11.29% |
Current DrawdownCurrent decline from peak | -45.62% | -4.72% | -40.90% |
Average DrawdownAverage peak-to-trough decline | -35.39% | -26.41% | -8.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.78% | 3.65% | +12.13% |
Volatility
SBAC vs. LAMR - Volatility Comparison
The current volatility for SBA Communications Corporation (SBAC) is 7.25%, while Lamar Advertising Company (REIT) (LAMR) has a volatility of 10.47%. This indicates that SBAC experiences smaller price fluctuations and is considered to be less risky than LAMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBAC | LAMR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.25% | 10.47% | -3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 26.92% | 15.38% | +11.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.66% | 22.24% | +9.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.16% | 26.75% | +2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.05% | 34.67% | -6.62% |
Dividends
SBAC vs. LAMR - Dividend Comparison
SBAC's dividend yield for the trailing twelve months is around 2.41%, less than LAMR's 4.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAMR Lamar Advertising Company (REIT) | 4.32% | 5.10% | 4.64% | 4.70% | 5.30% | 3.30% | 3.00% | 4.30% | 5.28% | 4.47% | 4.49% | 4.58% |
SBAC SBA Communications Corporation | 2.41% | 2.30% | 1.92% | 1.34% | 1.01% | 0.60% | 0.66% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SBAC vs. LAMR - Financials Comparison
This section allows you to compare key financial metrics between SBA Communications Corporation and Lamar Advertising Company (REIT). You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SBAC vs. LAMR - Profitability Comparison
SBAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SBA Communications Corporation reported a gross profit of 0.00 and revenue of 703.44M. Therefore, the gross margin over that period was 0.0%.
LAMR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lamar Advertising Company (REIT) reported a gross profit of 0.00 and revenue of 528.00M. Therefore, the gross margin over that period was 0.0%.
SBAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SBA Communications Corporation reported an operating income of 342.85M and revenue of 703.44M, resulting in an operating margin of 48.7%.
LAMR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lamar Advertising Company (REIT) reported an operating income of 146.06M and revenue of 528.00M, resulting in an operating margin of 27.7%.
SBAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SBA Communications Corporation reported a net income of 184.83M and revenue of 703.44M, resulting in a net margin of 26.3%.
LAMR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lamar Advertising Company (REIT) reported a net income of 101.29M and revenue of 528.00M, resulting in a net margin of 19.2%.
Frequently Asked Questions
SBAC and LAMR have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LAMR has higher volatility (10.47%) compared to SBAC (7.25%). In terms of maximum drawdown, SBAC dropped -99.65% vs LAMR's -91.85%.
LAMR currently has the higher Sharpe Ratio (1.43 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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