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| 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 |