Sba Communications (SBAC) Debt Ratio (2009 - 2026)
Sba Communications (SBAC) posted Debt Ratio of 1.08 for Q2 2026, down 1.96% on a QoQ basis from 1.11 in Q1 2026, and down 6.72% year-over-year from 1.16 in Q2 2025.
Analysis
Sba Communications (SBAC) Debt Ratio (2009 - 2026) Analysis & Trends
Sba Communications has reported Debt Ratio for 18 years, with the latest figure at 1.08 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 6.72% year-over-year to 1.08 in Q2 2026; TTM through Jun 2026 was 1.08, a 6.72% decrease from a year earlier, with the FY2025 full-year figure at 1.11, down 6.38% from the prior year.
- Debt Ratio was 1.08 for Q2 2026 at Sba Communications, 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 1.08 in Q2 2026.
- Average Debt Ratio over 5 years is 1.19, with a median of 1.21 recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio rose 5.64% in 2024, then decreased 7.39% in 2025.
- Over 5 years, Debt Ratio 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 declined by 2.73% to 1.08 in 2026.
- The last three Debt Ratio figures came in at 1.08 (Q2 2026), 1.11 (Q1 2026), and 1.11 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 80.54 Bn | 78.77 Bn | 2.72 Bn | 0.59 |
| 2 | Crown Castle | 31.90 Bn | 30.86 Bn | 989.00 Mn | 0.85 |
| 3 | Sba Communications | 19.24 Bn | 19.24 Bn | 539.27 Mn | 1.08 |
| 4 | Array Digital Infrastructure | 3.30 Bn | 2.88 Bn | 30.57 Mn | 0.20 |
| 5 | IHS Holding | 2.84 Bn | 1.77 Bn | 207.10 Mn | 0.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.08 |
| 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 |