Sba Communications (SBAC) Return on Assets [ROA] (2010 - 2026)
Sba Communications' Return on Assets [ROA] came in at 8.46% for Q2 2026, up 0.18 percentage points from 8.28% a year earlier but down 0.31 percentage points from the prior quarter.
Sba Communications (SBAC) Return on Assets [ROA] (2010 - 2026) Analysis & Trends
For FY2025, Sba Communications' Return on Assets [ROA] was 9.17%, up 2.24 percentage points from FY2024.
- Return on Assets [ROA] has increased in each of the last five years, with a five-year change of +8.92 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 6.93% in FY2024 (+2.14 pp), 4.79% in FY2023 (+0.28 pp), 4.51% in FY2022 (+2.00 pp) and 2.51% in FY2021 (+2.25 pp).
- The five-year range for quarterly Return on Assets [ROA] is 2.44% (Q4 2021) to 9.24% (Q4 2025).
- Year-over-year, Return on Assets [ROA] has increased for 13 consecutive quarters, with an average year-over-year change of +1.77 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q3 2021 (a gain of 3.16 percentage points), and the weakest in Q1 2023 (a drop of 0.87 percentage points).
- Business Quant data shows SBAC's Return on Assets [ROA] at 8.77% (Q1 2026), 9.24% (Q4 2025) and 7.83% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 5.56% |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 1.58% |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 7.49% |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 8.46% |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 8.13% |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 4.67% |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 15.21% |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 2.96% |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | -20.19% |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | -2.73% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.46% |
| Mar 31, 2026 | 8.77% |
| Dec 31, 2025 | 9.24% |
| Sep 30, 2025 | 7.83% |
| Jun 30, 2025 | 8.28% |
| Mar 31, 2025 | 7.43% |
| Dec 31, 2024 | 6.93% |
| Sep 30, 2024 | 6.80% |
| Jun 30, 2024 | 5.15% |
| Mar 31, 2024 | 5.47% |
| Dec 31, 2023 | 4.85% |
| Sep 30, 2023 | 4.68% |
| Jun 30, 2023 | 4.78% |
| Mar 31, 2023 | 3.52% |
| Dec 31, 2022 | 4.48% |
| Sep 30, 2022 | 4.07% |
| Jun 30, 2022 | 3.51% |
| Mar 31, 2022 | 4.39% |
| Dec 31, 2021 | 2.44% |
| Sep 30, 2021 | 3.00% |
Sba Communications Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=SBAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=SBAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();