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| 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 |