Sba Communications (SBAC) Return on Capital Employed [ROCE] (2010 - 2026)
Sba Communications' Return on Capital Employed [ROCE] came in at 18.50% for Q2 2026, up 2.94 percentage points from 15.56% a year earlier and up 2.23 percentage points from the prior quarter.
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Analysis
Sba Communications (SBAC) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Sba Communications' Return on Capital Employed [ROCE] was 15.23%, down 0.73 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +8.06 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 15.95% in FY2024 (+5.71 pp), 10.24% in FY2023 (+0.50 pp), 9.74% in FY2022 (+0.92 pp) and 8.83% in FY2021 (+1.66 pp).
- The Q2 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2010.
- Year-over-year, Return on Capital Employed [ROCE] increased in seven of the last eight quarters, with an average year-over-year change of +2.08 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q2 2024 (a gain of 5.70 percentage points), and the weakest in Q3 2023 (a drop of 0.60 percentage points).
- Business Quant data shows SBAC's Return on Capital Employed [ROCE] at 16.27% (Q1 2026), 15.36% (Q4 2025) and 15.17% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 75.57 Bn | 75.31 Bn | 2.72 Bn | 9.01% |
| 2 | Digital Realty Trust | 66.06 Bn | 56.59 Bn | - | - |
| 3 | Crown Castle | 28.31 Bn | 27.05 Bn | 989.00 Mn | 8.56% |
| 4 | Sba Communications | 16.81 Bn | 16.90 Bn | 539.27 Mn | 18.50% |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 11.99% |
| 6 | OUTFRONT Media | 5.05 Bn | 4.82 Bn | 276.40 Mn | 8.53% |
| 7 | Array Digital Infrastructure | 2.97 Bn | 1.87 Bn | 30.57 Mn | 16.07% |
| 8 | IHS Holding | 2.79 Bn | -67.81 Mn | 207.10 Mn | 20.60% |
| 9 | Fermi | 2.57 Bn | 1.71 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.22 Bn | 503.54 Mn | 241.86 Mn | 10.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.50% |
| 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% |
API Access
Sba Communications Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=SBAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=SBAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();