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
DateValue
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