SBA Communications Corp
NASDAQ:SBAC

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SBA Communications Corp
NASDAQ:SBAC
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Price: 203.28 USD -0.14% Market Closed
Market Cap: 21.9B USD
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SBA Communications Corp
Net Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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SBA Communications Corp
Net Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income CAGR 3Y CAGR 5Y CAGR 10Y
SBA Communications Corp
NASDAQ:SBAC
Net Income
$679.4m
CAGR 3-Years
32%
CAGR 5-Years
38%
CAGR 10-Years
N/A
Public Storage
NYSE:PSA
Net Income
$1.9B
CAGR 3-Years
4%
CAGR 5-Years
2%
CAGR 10-Years
6%
American Tower Corp
NYSE:AMT
Net Income
$1.1B
CAGR 3-Years
-25%
CAGR 5-Years
-8%
CAGR 10-Years
4%
Crown Castle International Corp
NYSE:CCI
Net Income
$1.2B
CAGR 3-Years
-2%
CAGR 5-Years
9%
CAGR 10-Years
23%
Digital Realty Trust Inc
NYSE:DLR
Net Income
$422.5m
CAGR 3-Years
-16%
CAGR 5-Years
7%
CAGR 10-Years
4%
Equinix Inc
NASDAQ:EQIX
Net Income
$1.1B
CAGR 3-Years
35%
CAGR 5-Years
16%
CAGR 10-Years
22%
No Stocks Found

SBA Communications Corp
Glance View

Market Cap
21.9B USD
Industry
Real Estate
Economic Moat
None

SBA Communications Corp., often under the radar yet pivotal in the telecommunications landscape, has crafted its narrative on the invisible threads of connectivity. Founded in 1989, the company has entrenched itself as a key player in building and managing wireless infrastructure, essential for the burgeoning mobile communications sector. The essence of SBA's business lies in its extensive portfolio of towers and rooftop sites, with a business model that thrives on leasing these assets to wireless service providers. These providers, including major carriers, rely on SBA's infrastructure to deliver seamless service to their customers. By renting space on its towers and rooftops to multiple carriers, SBA maximizes the utilization of its assets, thereby ensuring a steady, recurring revenue stream. This leasing model is highly profitable and capital efficient, hinging on long-term contracts that provide visibility and predictability in earnings. SBA's operations extend across the United States and into select international markets, offering the company geographical diversity and exposure to regions experiencing rapid technological adoption. Amidst the ever-growing demand for data, driven by developments in LTE, 5G, and beyond, the need for robust communication infrastructure continues to surge. SBA stands at the forefront, reinforcing its role as a crucial enabler of the digital age. While wireless providers are the public face of connectivity, it is companies like SBA Communications that ensure the invisible, yet indispensable, backbone of this modern utility.

SBAC Intrinsic Value
244.45 USD
Undervaluation 17%
Intrinsic Value
Price

See Also

What is SBA Communications Corp's Net Income?
Net Income
679.4m USD

Based on the financial report for Sep 30, 2024, SBA Communications Corp's Net Income amounts to 679.4m USD.

What is SBA Communications Corp's Net Income growth rate?
Net Income CAGR 5Y
38%

Over the last year, the Net Income growth was 39%. The average annual Net Income growth rates for SBA Communications Corp have been 32% over the past three years , 38% over the past five years .

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