Sba Communications (SBAC) Invested Capital (2009 - 2026)
Sba Communications (SBAC) recorded quarterly Invested Capital of -$2.1 billion in Q1 2026, up 29.12% quarter-over-quarter from -$2.9 billion in Q4 2025, and up 50.75% on a YoY basis from -$1.4 billion in Q1 2025.
Sba Communications (SBAC) Invested Capital (2009 - 2026) Analysis & Trends
Sba Communications' Invested Capital history runs 18 years deep, the most recent figure standing at -$2.1 billion for Q1 2026.
- In Q1 2026, Invested Capital rose 50.75% year-over-year to -$2.1 billion; the TTM figure through Mar 2026 stood at -$2.1 billion (up 50.75% YoY), while the FY2025 annual figure was -$2.9 billion, up 25.61% from the prior year.
- Invested Capital was -$2.1 billion for Q1 2026 at Sba Communications, up from -$2.9 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of -$2.1 billion in Q1 2026 to a low of -$5.3 billion in Q4 2022.
- Historically, Invested Capital has averaged -$4.3 billion across 5 years, with a median of -$4.5 billion in 2023.
- The sharpest annual moves came in 2025 and 2026: Invested Capital retreated 22.87% in 2025, then jumped 50.75% in 2026.
- A 5-year view of Invested Capital shows it stood at -$5.3 billion in 2022, then rose by 13.8% to -$4.5 billion in 2023, then grew by 13.38% to -$3.9 billion in 2024, then gained by 25.61% to -$2.9 billion in 2025, then grew by 29.12% to -$2.1 billion in 2026.
- The last three Invested Capital figures came in at -$2.1 billion (Q1 2026), -$2.9 billion (Q4 2025), and -$4.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 16.60 Bn |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 4.27 Bn |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 23.37 Bn |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 22.76 Bn |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 16.16 Bn |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | -2.07 Bn |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 10.24 Bn |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 1.27 Bn |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | 13.11 Bn |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | 661.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.07 Bn |
| Dec 31, 2025 | -2.92 Bn |
| Sep 30, 2025 | -4.16 Bn |
| Jun 30, 2025 | -4.17 Bn |
| Mar 31, 2025 | -4.20 Bn |
| Dec 31, 2024 | -3.92 Bn |
| Sep 30, 2024 | -5.15 Bn |
| Jun 30, 2024 | -3.51 Bn |
| Mar 31, 2024 | -3.42 Bn |
| Dec 31, 2023 | -4.53 Bn |
| Sep 30, 2023 | -5.14 Bn |
| Jun 30, 2023 | -5.07 Bn |
| Mar 31, 2023 | -5.25 Bn |
| Dec 31, 2022 | -5.25 Bn |
| Sep 30, 2022 | -4.70 Bn |
| Jun 30, 2022 | -4.78 Bn |
| Mar 31, 2022 | -4.76 Bn |
| Dec 31, 2021 | -5.26 Bn |
| Sep 30, 2021 | -4.93 Bn |
| Jun 30, 2021 | -4.82 Bn |