Sba Communications (SBAC) Return on Capital Employed (2010 - 2026)

Sba Communications (SBAC) recorded quarterly Return on Capital Employed of 16.27% in Q1 2026, up 5.89% quarter-over-quarter from 15.36% in Q4 2025, and up 117.0% on a YoY basis from 7.5% in Q1 2025.

Sba Communications (SBAC) Return on Capital Employed (2010 - 2026) Analysis & Trends

Sba Communications' Return on Capital Employed history runs 17 years deep, the most recent figure standing at 16.27% for Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 117.0% year-over-year to 16.27%; the TTM figure through Mar 2026 stood at 16.27% (up 117.0% YoY), while the FY2025 annual figure was 15.23%, down 73.0% from the prior year.
  • Return on Capital Employed was 16.27% for Q1 2026 at Sba Communications, up from 15.36% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 16.27% in Q1 2026 to a low of 9.4% in Q1 2023.
  • Historically, Return on Capital Employed has averaged 12.58% across 5 years, with a median of 13.33% in 2024.
  • The sharpest annual moves came in 2023 and 2024: Return on Capital Employed sank 60 bps in 2023, then soared 570 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 9.67% in 2022, then grew by 7 bps to 10.39% in 2023, then soared by 53 bps to 15.93% in 2024, then retreated by 4 bps to 15.36% in 2025, then grew by 6 bps to 16.27% in 2026.
  • The last three Return on Capital Employed figures came in at 16.27% (Q1 2026), 15.36% (Q4 2025), and 15.17% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 5.47%
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 9.03%
3 Digital Realty Trust 63.76 Bn 62.92 Bn - -
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn 7.55%
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn 7.00%
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn 16.27%
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 5.17%
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 12.72%
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - -
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn 7.01%

Historic Data

Download Data
DateValue
Mar 31, 2026 16.27%
Dec 31, 2025 15.36%
Sep 30, 2025 15.17%
Jun 30, 2025 15.56%
Mar 31, 2025 15.10%
Dec 31, 2024 15.93%
Sep 30, 2024 13.54%
Jun 30, 2024 15.29%
Mar 31, 2024 13.33%
Dec 31, 2023 10.39%
Sep 30, 2023 9.67%
Jun 30, 2023 9.59%
Mar 31, 2023 9.40%
Dec 31, 2022 9.67%
Sep 30, 2022 10.28%
Jun 30, 2022 9.78%
Mar 31, 2022 9.50%
Dec 31, 2021 8.58%
Sep 30, 2021 8.13%
Jun 30, 2021 7.57%