KPIs & Operating Metrics(New)
Growth Metrics

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

Sba Communications' 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 has reported Debt Ratio for 18 years, with the latest figure at 1.11 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 7.08% year-over-year to 1.11; the trailing twelve-month figure through Mar 2026 stood at 1.11 (down 7.08% YoY), and the FY2025 full-year result was 1.11, down 6.38% from the prior year.
  • Debt Ratio for Q1 2026 stood at 1.11, down from 1.11 in the prior quarter.
  • The five-year high for Debt Ratio was 1.25 in Q2 2024, with the low at 1.11 in Q1 2026.
  • Average Debt Ratio over 5 years is 1.2, with a median of 1.21 recorded in 2023.
  • Year-over-year, Debt Ratio gained 5.64% in 2024 and slipped 7.39% in 2025.
  • Tracing SBAC's Debt Ratio over 5 years: stood at 1.22 in 2022, then slipped by 0.4% to 1.21 in 2023, then slipped by 1.68% to 1.19 in 2024, then decreased by 6.38% to 1.11 in 2025, then decreased 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 106.10 Bn 103.07 Bn 2.20 Bn 0.05
2 American Tower 85.70 Bn 92.20 Bn 2.70 Bn 0.59
3 Digital Realty Trust 67.00 Bn 66.16 Bn - 0.01
4 Crown Castle 40.17 Bn 40.12 Bn 984.00 Mn 0.79
5 Iron Mountain 37.80 Bn 37.83 Bn 1.05 Bn 0.80
6 Sba Communications 21.99 Bn 22.08 Bn 532.10 Mn 1.11
7 Weyerhaeuser 16.98 Bn 16.68 Bn 318.00 Mn 0.33
8 Lamar Advertising 15.51 Bn 15.46 Bn 403.56 Mn 0.49
9 Gaming & Leisure Properties 13.46 Bn 13.86 Bn - -
10 OUTFRONT Media 5.85 Bn 5.81 Bn 202.10 Mn 0.49

Historic Data

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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
Mar 31, 2021 1.23
Dec 31, 2020 1.21
Sep 30, 2020 1.19
Jun 30, 2020 1.13
Mar 31, 2020 1.13
Dec 31, 2019 1.06
Sep 30, 2019 1.07
Jun 30, 2019 1.05
Mar 31, 2019 1.04
Dec 31, 2018 1.38
Sep 30, 2018 1.35
Jun 30, 2018 1.33
Mar 31, 2018 1.27
Dec 31, 2017 1.27
Sep 30, 2017 1.23
Jun 30, 2017 1.19
Mar 31, 2017 1.19
Dec 31, 2016 1.19
Sep 30, 2016 1.14
Jun 30, 2016 1.14
Mar 31, 2016 1.15
Dec 31, 2015 9.15
Sep 30, 2015 1.15
Jun 30, 2015 1.07
Mar 31, 2015 1.06
Dec 31, 2014 1.00
Sep 30, 2014 0.97
Jun 30, 2014 0.91
Mar 31, 2014 0.88
Dec 31, 2013 0.87
Sep 30, 2013 0.86
Jun 30, 2013 0.87
Mar 31, 2013 0.83
Dec 31, 2012 0.81
Sep 30, 2012 0.80
Jun 30, 2012 0.61
Mar 31, 2012 0.87
Dec 31, 2011 0.93
Sep 30, 2011 0.93
Jun 30, 2011 0.90
Mar 31, 2011 0.87
Dec 31, 2010 0.83
Sep 30, 2010 0.82
Jun 30, 2010 0.82
Dec 31, 2009 0.75