Sba Communications (SBAC) Minority Interest (2009 - 2026)
Sba Communications' Minority Interest was $85.2 million in Q2 2026, up 30.8% from $65.16 million a year earlier but down 0.6% from the prior quarter.
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Analysis
Sba Communications (SBAC) Minority Interest (2009 - 2026) Analysis & Trends
At the end of FY2025, Minority Interest at Sba Communications came in at $78.26 million, up 44.6% from FY2024.
- Minority Interest has now increased for five consecutive years, with a five-year compound annual growth rate of 38.8% (FY2020 to FY2025).
- In earlier years, Minority Interest was $54.13 million in FY2024 (+54.5%), $35.05 million in FY2023 (+10.4%), $31.74 million in FY2022 (+84.0%) and $17.25 million in FY2021 (+13.5%).
- Quarterly Minority Interest has moved between $15.18 million (Q3 2021) and $85.74 million (Q1 2026) over five years.
- Compared with a year earlier, Minority Interest has increased for nine straight quarters, with growth averaging 49.2% over the last eight quarters.
- The best year-over-year quarter for Minority Interest over five years was Q3 2022 (growth of 167.6%); the worst was Q3 2023 (a decline of 13.7%).
- Per Business Quant data, SBAC's Minority Interest in the three quarters before Q2 2026 was $85.74 million (Q1 2026), $78.26 million (Q4 2025) and $76.61 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.20 Mn |
| Mar 31, 2026 | 85.74 Mn |
| Dec 31, 2025 | 78.26 Mn |
| Sep 30, 2025 | 76.61 Mn |
| Jun 30, 2025 | 65.16 Mn |
| Mar 31, 2025 | 62.60 Mn |
| Dec 31, 2024 | 54.13 Mn |
| Sep 30, 2024 | 49.09 Mn |
| Jun 30, 2024 | 40.82 Mn |
| Mar 31, 2024 | 36.58 Mn |
| Dec 31, 2023 | 35.05 Mn |
| Sep 30, 2023 | 35.05 Mn |
| Jun 30, 2023 | 37.57 Mn |
| Mar 31, 2023 | 38.18 Mn |
| Dec 31, 2022 | 31.74 Mn |
| Sep 30, 2022 | 40.62 Mn |
| Jun 30, 2022 | 39.88 Mn |
| Mar 31, 2022 | 36.04 Mn |
| Dec 31, 2021 | 17.25 Mn |
| Sep 30, 2021 | 15.18 Mn |
API Access
Sba Communications Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=SBAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "SBAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=SBAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();