Sba Communications (SBAC) Debt to Equity (2009 - 2026)

Sba Communications (SBAC) recorded quarterly Debt to Equity of -$2.73 in Q1 2026, down 2.61% quarter-over-quarter from -$2.66 in Q4 2025, and down 9.1% on a YoY basis from -$3.0 in Q1 2025.

Sba Communications (SBAC) Debt to Equity (2009 - 2026) Analysis & Trends

Sba Communications' Debt to Equity history runs 18 years deep, the most recent figure standing at -$2.73 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 9.1% year-over-year to -$2.73; the TTM figure through Mar 2026 stood at -$2.73 (down 9.1% YoY), while the FY2025 annual figure was -$2.66, changed 0.07% from the prior year.
  • Debt to Equity was -$2.73 for Q1 2026 at Sba Communications, down from -$2.66 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of -$2.29 in Q2 2022 to a low of -$2.73 in Q1 2026.
  • Historically, Debt to Equity has averaged -$2.46 across 5 years, with a median of -$2.43 in 2023.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity advanced 6.93% in 2022, then decreased 11.6% in 2024.
  • A 5-year view of Debt to Equity shows it stood at -$2.44 in 2022, then rose by 2.27% to -$2.38 in 2023, then decreased by 11.6% to -$2.66 in 2024, then advanced by 0.07% to -$2.66 in 2025, then declined by 2.61% to -$2.73 in 2026.
  • The last three Debt to Equity figures came in at -$2.73 (Q1 2026), -$2.66 (Q4 2025), and -$2.58 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 0.13
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 10.59
3 Digital Realty Trust 63.76 Bn 62.92 Bn - 0.03
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn -12.86
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn -18.23
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn -2.73
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 0.57
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 3.34
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - -
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn 3.90

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.73
Dec 31, 2025 -2.66
Sep 30, 2025 -2.58
Jun 30, 2025 -2.53
Mar 31, 2025 -2.50
Dec 31, 2024 -2.66
Sep 30, 2024 -2.38
Jun 30, 2024 -2.31
Mar 31, 2024 -2.37
Dec 31, 2023 -2.38
Sep 30, 2023 -2.42
Jun 30, 2023 -2.47
Mar 31, 2023 -2.43
Dec 31, 2022 -2.44
Sep 30, 2022 -2.30
Jun 30, 2022 -2.29
Mar 31, 2022 -2.33
Dec 31, 2021 -2.33
Sep 30, 2021 -2.39
Jun 30, 2021 -2.47