Sba Communications (SBAC) Capital Expenditures (2009 - 2026)
Sba Communications (SBAC) reported Capital Expenditures of $62.42 million for Q2 2026, up 11.7% from $55.87 million a year earlier and up 29.0% from the prior quarter.
Sba Communications (SBAC) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Sba Communications' Capital Expenditures came in at $233.6 million, up 5.1% year-over-year; for FY2025, it was $224.82 million, down 1.5% from FY2024.
- Capital Expenditures has a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $228.15 million in FY2024 (-3.6%), $236.7 million in FY2023 (+10.4%), $214.44 million in FY2022 (+60.4%) and $133.69 million in FY2021 (+4.0%).
- Five-year quarterly Capital Expenditures spans a low of $35.03 million in Q3 2021 and a high of $66.1 million in Q4 2022.
- Year over year, Capital Expenditures has now increased in each of the last three quarters, with growth averaging 1.0% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was Q2 2022 (growth of 71.7%); the low point was Q2 2024 (a decline of 21.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $48.4 million (Q1 2026), $62.73 million (Q4 2025) and $60.05 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.00 Bn | 77.74 Bn | 2.72 Bn | 320.90 Mn |
| 2 | Digital Realty Trust | 65.33 Bn | 55.85 Bn | - | 914.19 Mn |
| 3 | Crown Castle | 28.57 Bn | 27.31 Bn | 989.00 Mn | 59.00 Mn |
| 4 | Sba Communications | 17.27 Bn | 17.36 Bn | 539.27 Mn | 62.42 Mn |
| 5 | Lamar Advertising | 12.72 Bn | 12.54 Bn | 422.53 Mn | 42.72 Mn |
| 6 | OUTFRONT Media | 4.93 Bn | 4.69 Bn | 276.40 Mn | 17.20 Mn |
| 7 | Array Digital Infrastructure | 2.93 Bn | 1.83 Bn | 30.57 Mn | 5.81 Mn |
| 8 | IHS Holding | 2.81 Bn | -54.39 Mn | 207.10 Mn | -29.10 Mn |
| 9 | Fermi | 2.73 Bn | 1.87 Bn | - | 184.97 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 478.09 Mn | 241.86 Mn | 19.32 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.42 Mn |
| Mar 31, 2026 | 48.40 Mn |
| Dec 31, 2025 | 62.73 Mn |
| Sep 30, 2025 | 60.05 Mn |
| Jun 30, 2025 | 55.87 Mn |
| Mar 31, 2025 | 46.17 Mn |
| Dec 31, 2024 | 55.55 Mn |
| Sep 30, 2024 | 64.76 Mn |
| Jun 30, 2024 | 49.97 Mn |
| Mar 31, 2024 | 57.87 Mn |
| Dec 31, 2023 | 62.72 Mn |
| Sep 30, 2023 | 61.39 Mn |
| Jun 30, 2023 | 63.45 Mn |
| Mar 31, 2023 | 49.14 Mn |
| Dec 31, 2022 | 66.10 Mn |
| Sep 30, 2022 | 57.38 Mn |
| Jun 30, 2022 | 52.96 Mn |
| Mar 31, 2022 | 38.01 Mn |
| Dec 31, 2021 | 43.29 Mn |
| Sep 30, 2021 | 35.03 Mn |
Sba Communications Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=SBAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "SBAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=SBAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();