Sba Communications (SBAC) Debt Ratio (2009 - 2026)

Sba Communications (SBAC) recorded quarterly Debt Ratio of 1.11 in Q1 2026, down 0.79% quarter-over-quarter from 1.11 in Q4 2025, and down 7.08% on a YoY basis from 1.19 in Q1 2025.

Sba Communications (SBAC) Debt Ratio (2009 - 2026) Analysis & Trends

Sba Communications' Debt Ratio history runs 18 years deep, the most recent figure standing at 1.11 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 7.08% year-over-year to 1.11; the TTM figure through Mar 2026 stood at 1.11 (down 7.08% YoY), while the FY2025 annual figure was 1.11, down 6.38% from the prior year.
  • Debt Ratio was 1.11 for Q1 2026 at Sba Communications, down from 1.11 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 1.25 in Q2 2024 to a low of 1.11 in Q1 2026.
  • Historically, Debt Ratio has averaged 1.2 across 5 years, with a median of 1.21 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio increased 5.64% in 2024, then retreated 7.39% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 1.22 in 2022, then decreased by 0.4% to 1.21 in 2023, then decreased by 1.68% to 1.19 in 2024, then retreated by 6.38% to 1.11 in 2025, then retreated by 0.79% to 1.11 in 2026.
  • The last three Debt Ratio figures came in at 1.11 (Q1 2026), 1.11 (Q4 2025), and 1.13 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 0.05
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 0.59
3 Digital Realty Trust 63.76 Bn 62.92 Bn - 0.01
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn 0.79
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn 0.80
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn 1.11
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 0.33
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 0.49
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - -
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn 0.49

Historic Data

Download Data
DateValue
Mar 31, 2026 1.11
Dec 31, 2025 1.11
Sep 30, 2025 1.13
Jun 30, 2025 1.16
Mar 31, 2025 1.19
Dec 31, 2024 1.19
Sep 30, 2024 1.21
Jun 30, 2024 1.25
Mar 31, 2024 1.24
Dec 31, 2023 1.21
Sep 30, 2023 1.21
Jun 30, 2023 1.19
Mar 31, 2023 1.22
Dec 31, 2022 1.22
Sep 30, 2022 1.24
Jun 30, 2022 1.25
Mar 31, 2022 1.25
Dec 31, 2021 1.26
Sep 30, 2021 1.23
Jun 30, 2021 1.20