SBA Communications Corp

NASDAQ:SBAC USA REIT - Specialty
Market Cap
$19.94 Billion
Market Cap Rank
#996 Global
#777 in USA
Share Price
$187.15
Change (1 day)
-0.25%
52-Week Range
$179.65 - $243.40
All Time High
$373.01
About

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 44,500 communications sites throughout the Americas and in Africa, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and one … Read more

Market Cap & Net Worth: SBA Communications Corp (SBAC)

SBA Communications Corp (NASDAQ:SBAC) has a market capitalization of $19.94 Billion ($19.94 Billion) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #996 globally and #777 in its home market, demonstrating a -4.48% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying SBA Communications Corp's stock price $187.15 by its total outstanding shares 106563000 (106.56 Million).

SBA Communications Corp Market Cap History: 2015 to 2026

SBA Communications Corp's market capitalization history from 2015 to 2026. Data shows growth from $10.56 Billion to $19.94 Billion (5.76% CAGR).

Index Memberships

SBA Communications Corp is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
S&P 500 Index
GSPC
$53.17 Trillion 0.05% #355 of 503
NASDAQ Composite
IXIC
$33.39 Trillion 0.06% #138 of 3165

Weight: SBA Communications Corp's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

SBA Communications Corp Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how SBA Communications Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

8.10x

SBA Communications Corp's market cap is 8.10 times its annual revenue

Industry average:
3.75x
Higher than industry average

Latest Price to Earnings (P/E) Ratio

28.97x

SBA Communications Corp's market cap is 28.97 times its annual earnings

Industry average:
46.78x
Lower than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2015 $10.56 Billion $1.64 Billion -$175.66 Million 6.44x N/A
2016 $10.37 Billion $1.63 Billion $76.24 Million 6.35x 136.07x
2017 $16.41 Billion $1.73 Billion $103.65 Million 9.50x 158.33x
2018 $16.26 Billion $1.87 Billion $47.45 Million 8.72x 342.74x
2019 $24.28 Billion $2.01 Billion $146.99 Million 12.05x 165.19x
2020 $28.61 Billion $2.08 Billion $24.10 Million 13.73x 1186.77x
2021 $39.75 Billion $2.31 Billion $237.62 Million 17.22x 167.28x
2022 $28.90 Billion $2.63 Billion $461.43 Million 10.97x 62.63x
2023 $26.54 Billion $2.71 Billion $501.81 Million 9.79x 52.89x
2024 $21.72 Billion $2.68 Billion $749.54 Million 8.10x 28.97x

Competitor Companies of SBAC by Market Capitalization

Companies near SBA Communications Corp in the global market cap rankings as of March 18, 2026.

Key companies related to SBA Communications Corp by market ranking:

  • Equinix Inc (NASDAQ:EQIX): Ranked #218 globally with a market cap of $92.84 Billion USD.
  • American Tower Corp (NYSE:AMT): Ranked #237 globally with a market cap of $86.39 Billion USD.
  • Weyerhaeuser Company (NYSE:WY): Ranked #1118 globally with a market cap of $17.28 Billion USD.
  • Digital Realty Trust Inc (NYSE:DLR): Ranked #396 globally with a market cap of $55.29 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#218 Equinix Inc NASDAQ:EQIX $92.84 Billion $976.88
#237 American Tower Corp NYSE:AMT $86.39 Billion $185.07
#1118 Weyerhaeuser Company NYSE:WY $17.28 Billion $24.09
#396 Digital Realty Trust Inc NYSE:DLR $55.29 Billion $180.39

SBA Communications Corp Historical Marketcap From 2015 to 2026

Between 2015 and today, SBA Communications Corp's market cap moved from $10.56 Billion to $ 19.94 Billion, with a yearly change of 5.76%.

Year Market Cap Change (%)
2026 $19.94 Billion -3.25%
2025 $20.61 Billion -5.09%
2024 $21.72 Billion -18.18%
2023 $26.54 Billion -8.15%
2022 $28.90 Billion -27.30%
2021 $39.75 Billion +38.95%
2020 $28.61 Billion +17.81%
2019 $24.28 Billion +49.30%
2018 $16.26 Billion -0.90%
2017 $16.41 Billion +58.20%
2016 $10.37 Billion -1.72%
2015 $10.56 Billion --

End of Day Market Cap According to Different Sources

On Mar 18th, 2026 the market cap of SBA Communications Corp was reported to be:

Source Market Cap
Yahoo Finance $19.94 Billion USD
MoneyControl $19.94 Billion USD
MarketWatch $19.94 Billion USD
marketcap.company $19.94 Billion USD
Reuters $19.94 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.