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

Sba Communications' (SBAC) quarterly Debt Ratio came in at 1.11 in Q1 2026, down 7.08% year-on-year from 1.19 in Q1 2025, and down 0.79% quarter-over-quarter from 1.11 in Q4 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.

  • On a quarterly basis, Debt Ratio fell 7.08% year-over-year to 1.11 in Q1 2026; TTM through Mar 2026 was 1.11, a 7.08% decrease from a year earlier, with the FY2025 full-year figure at 1.11, down 6.38% from the prior year.
  • Debt Ratio declined to 1.11 in Q1 2026 per SBAC's latest filing, from 1.11 in the prior quarter.
  • Across five years, Debt Ratio topped out at 1.25 in Q2 2024 and bottomed at 1.11 in Q1 2026.
  • The 5-year median for Debt Ratio is 1.21 (2023), against an average of 1.2.
  • Across the five-year window, Debt Ratio gained 5.64% in 2024 and slipped 7.39% in 2025, its largest moves.
  • Year by year, Debt Ratio 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.
  • Per Business Quant, the three latest SBAC Debt Ratio figures stand at 1.11 (Q1 2026), 1.11 (Q4 2025), and 1.13 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 0.43
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 0.59
3 Digital Realty Trust 61.91 Bn 61.08 Bn - 0.01
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 0.81
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 0.79
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 1.11
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 0.31
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 0.51
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - 0.59
10 Rayonier 6.43 Bn 5.79 Bn 46.45 Mn 0.27

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