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SBA Communications (SBA Communications) Net Income : $502 Mil (TTM As of Dec. 2023)


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What is SBA Communications Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. SBA Communications's Net Income for the three months ended in Dec. 2023 was $110 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $502 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. SBA Communications's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.01.


SBA Communications Net Income Historical Data

The historical data trend for SBA Communications's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SBA Communications Net Income Chart

SBA Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.99 24.10 237.62 461.43 501.81

SBA Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.28 101.22 203.65 87.42 109.53

SBA Communications Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

SBA Communications's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=548.503+-51.088+0+4.397
=502

SBA Communications's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=138.424+-28.896+0+0
=110

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $502 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SBA Communications  (NAS:SBAC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

SBA Communications's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


SBA Communications Net Income Related Terms

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SBA Communications (SBA Communications) Business Description

Traded in Other Exchanges
Address
8051 Congress Avenue, Boca Raton, FL, USA, 33487
SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company owns more than 17,000 towers in the U.S., which accounted for about three fourths of the company's total revenue in 2022. Internationally, SBA's greatest presence is in Brazil, where it operates roughly 10,000 towers. SBA operates as a real estate investment trust, or REIT.
Executives
Jason V Silberstein officer: Vice President-Property Mgt
Brian D Lazarus officer: VP & Chief Accounting Officer 5900 BROKEN SOUND PARKWAY, NW, BOCA RATON FL 33487
Steven E Bernstein director, 10 percent owner, officer: Chairman C/O SBA COMMUNICATIONS CORP, ONE TOWN CENTER ROAD - THIRD FLOOR, BOCO RATON FL 83486
Mark R Ciarfella officer: SVP ?? Operations C/O SBA COMMUNICATIONS CORPORATION, 5900 BROKEN SOUND PARKWAY NW, BOCA RATON FL 33487
Joshua Koenig officer: Executive VP/General Counsel C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON FL 33487
Jeffrey Stoops director, officer: Chief Executive Officer & Pres SBA COMMUNICATIONS CORP, ONE TOWN CENTER ROAD THIRD FLOOR, BOCA RATON FL 33486
Krouse George R Jr director C/O SBA COMMUNICATIONS CORPORATION, 5900 BROKEN SOUND PARKWAY, NW, BOCA RATON FL 33487
Kevin L Beebe director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Marc Montagner officer: EVP - Finance C/O ENDURANCE INT'L GROUP HOLDINGS, INC., 10 CORPORATE DRIVE, SUITE 300, BURLINGTON MA 01803
Laurie Bowen director C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON FL 33487
Amy E Wilson director 2211 H.H. DOW WAY, MIDLAND MI 48674
Richard M Cane officer: EVP; Pres. - International C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON FL 33487
Duncan Cocroft director 9 WEST 57TH STREET, 37TH FLOOR, NEW YORK NY 10019
Jay Lecoryelle Johnson director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Kurt L Bagwell officer: Chief Operating Officer SBA COMMUNICATIONS CORP, 5900 BROKEN SOUND PKWY, BOCA RATON FL 33487