SBAC (SBA Communications) Accumulated Depreciation: $-4,427 Mil (As of Jun. 2026)

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SBAC SBA Communications Corp SBAC
83 GF Score
Price $187.72
GF Value $225.77
Valuation Modestly Undervalued
! 5 Warning Signs
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What is SBA Communications Accumulated Depreciation?

SBA Communications SBAC +1.36% 83 Accumulated Depreciation is $-4,427 Mil as of Jun. 2026. GuruFocus rates SBAC with a GF Score™ of 83/100 and a GF Value™ of $225.77 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

SBA Communications's quarterly accumulated depreciation increased from Dec. 2025 ($-4,361 Mil) to Mar. 2026 ($-4,395 Mil) and increased from Mar. 2026 ($-4,395 Mil) to Jun. 2026 ($-4,427 Mil).

SBA Communications's annual accumulated depreciation increased from Dec. 2023 ($-4,248 Mil) to Dec. 2024 ($-4,280 Mil) and increased from Dec. 2024 ($-4,280 Mil) to Dec. 2025 ($-4,361 Mil).

SBA Communications Accumulated Depreciation Related Terms

SBA Communications Accumulated Depreciation Historical Data

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The historical data trend for SBA Communications's Accumulated Depreciation 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.

SBA Communications Accumulated Depreciation Chart

SBA Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,703.87 -3,971.44 -4,247.78 -4,280.09 -4,360.76

SBA Communications Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accumulated Depreciation 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 -4,343.79 -4,334.09 -4,360.76 -4,394.77 -4,427.15
SBAC
83GF Score
SBA Communications Corp SBAC
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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SBA Communications Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-4,427 Mil mean?
SBA Communications (SBAC) has a Accumulated Depreciation of $-4,427 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on SBA Communications and its competitors.
Is SBA Communications' Accumulated Depreciation too high?
SBA Communications' current Accumulated Depreciation is $-4,427 Mil. Overall, SBA Communications has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SBA Communications' Accumulated Depreciation compare to WY and LAMR?
SBA Communications' Accumulated Depreciation of $-4,427 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a REITs company?
A good Accumulated Depreciation depends on the REITs industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on SBA Communications and its competitors. SBA Communications's current Accumulated Depreciation is $-4,427 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBA Communications stock overvalued right now?
Based on GuruFocus' analysis, SBA Communications (SBAC) is currently considered Modestly Undervalued. The stock's GF Value™ is $225.77, compared to a current price of $187.72 — trading 16.9% below its estimated fair value. The current Accumulated Depreciation is $-4,427 Mil. SBA Communications' overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For SBA Communications (SBAC), the current Accumulated Depreciation is $-4,427 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SBA Communications (SBAC) Overvalued in 2026?

Based on GuruFocus' analysis, SBA Communications stock appears to be undervalued. The current stock price of $187.72 is trading 16.9% below its estimated GF Value™ of $225.77. GuruFocus considers SBA Communications to be Modestly Undervalued.

Key valuation signals for SBAC:

  • Accumulated Depreciation: $-4,427 Mil
  • GF Value™: $225.77 vs. price of $187.72 (16.9% below fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the SBAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SBA Communications Business Description

Industry Real EstateREITs
Other Exchanges 0KYZ:UK4SB:Germany
Address 8051 Congress Avenue, Boca Raton, FL, USA, 33487
SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.
83GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$187.72
Price
$225.77
GF Value