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| Date | Value |
|---|---|
| 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 |