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SBA Communications (SBA Communications) Revenue : $2,712 Mil (TTM As of Dec. 2023)


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What is SBA Communications Revenue?

SBA Communications's revenue for the three months ended in Dec. 2023 was $675 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $2,712 Mil. SBA Communications's Revenue per Share for the three months ended in Dec. 2023 was $6.22. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $24.90.

Warning Sign:

SBA Communications Corp revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of SBA Communications was 3.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 9.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, SBA Communications's highest 3-Year average Revenue per Share Growth Rate was 23.70% per year. The lowest was -11.80% per year. And the median was 8.70% per year.


SBA Communications Revenue Historical Data

The historical data trend for SBA Communications's Revenue 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 Revenue Chart

SBA Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,014.65 2,083.14 2,308.83 2,633.45 2,711.58

SBA Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue 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 686.09 675.52 678.50 682.54 675.02

Competitive Comparison of SBA Communications's Revenue

For the REIT - Specialty subindustry, SBA Communications's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SBA Communications's Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SBA Communications's Revenue distribution charts can be found below:

* The bar in red indicates where SBA Communications's Revenue falls into.



SBA Communications Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue 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 $2,712 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


SBA Communications Revenue Related Terms

Thank you for viewing the detailed overview of SBA Communications's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


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