Sba Communications (SBAC) Debt to Equity (2009 - 2026)
Sba Communications' quarterly Debt to Equity came in at -$2.73 in Q1 2026, down 9.1% year-on-year from -$3.0 in Q1 2025, and down 2.61% quarter-over-quarter from -$2.66 in Q4 2025.
Sba Communications has reported Debt to Equity for 18 years, with the latest figure at -$2.73 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 9.1% year-over-year to -$2.73; the trailing twelve-month figure through Mar 2026 stood at -$2.73 (down 9.1% YoY), and the FY2025 full-year result was -$2.66, changed 0.07% from the prior year.
- Debt to Equity for Q1 2026 stood at -$2.73, down from -$2.66 in the prior quarter.
- The five-year high for Debt to Equity was -$2.29 in Q2 2022, with the low at -$2.73 in Q1 2026.
- Average Debt to Equity over 5 years is -$2.46, with a median of -$2.43 recorded in 2023.
- Year-over-year, Debt to Equity grew 6.93% in 2022 and dropped 11.6% in 2024.
- Tracing SBAC's Debt to Equity over 5 years: stood at -$2.44 in 2022, then gained by 2.27% to -$2.38 in 2023, then slipped by 11.6% to -$2.66 in 2024, then climbed by 0.07% to -$2.66 in 2025, then fell 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 | 106.10 Bn | 103.07 Bn | 2.20 Bn | 0.13 |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 10.59 |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | 0.03 |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | -12.86 |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | -18.23 |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | -2.73 |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 0.57 |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 3.34 |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 3.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | -2.39 |
| Dec 31, 2020 | -2.30 |
| Sep 30, 2020 | -2.39 |
| Jun 30, 2020 | -2.46 |
| Mar 31, 2020 | -2.45 |
| Dec 31, 2019 | -2.82 |
| Sep 30, 2019 | -2.77 |
| Jun 30, 2019 | -2.90 |
| Mar 31, 2019 | -2.94 |
| Dec 31, 2018 | -2.94 |
| Sep 30, 2018 | -3.10 |
| Jun 30, 2018 | -3.19 |
| Mar 31, 2018 | -3.63 |
| Dec 31, 2017 | -3.58 |
| Sep 30, 2017 | -3.97 |
| Jun 30, 2017 | -4.37 |
| Mar 31, 2017 | -4.52 |
| Dec 31, 2016 | -4.40 |
| Sep 30, 2016 | -5.41 |
| Jun 30, 2016 | -5.28 |
| Mar 31, 2016 | -5.20 |
| Dec 31, 2015 | -4.95 |
| Sep 30, 2015 | -5.00 |
| Jun 30, 2015 | -7.29 |
| Mar 31, 2015 | -7.68 |
| Dec 31, 2014 | -11.90 |
| Sep 30, 2014 | -25.37 |
| Jun 30, 2014 | 43.06 |
| Mar 31, 2014 | 17.34 |
| Dec 31, 2013 | 16.46 |
| Sep 30, 2013 | 12.60 |
| Jun 30, 2013 | 12.95 |
| Mar 31, 2013 | 7.70 |
| Dec 31, 2012 | 8.20 |
| Sep 30, 2012 | 12.04 |
| Jun 30, 2012 | 8.35 |
| Mar 31, 2012 | 13.75 |
| Dec 31, 2011 | -296.52 |
| Sep 30, 2011 | 530.12 |
| Jun 30, 2011 | 29.44 |
| Mar 31, 2011 | 14.10 |
| Dec 31, 2010 | 8.92 |
| Sep 30, 2010 | 7.59 |
| Jun 30, 2010 | 7.07 |
| Dec 31, 2009 | 4.15 |