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SBA Communications's EPS (Basic) for the
three
months ended in Jun. 2026 was $1.87.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was $9.31.
During the past 12 months, SBA Communications's average EPS without NRIGrowth Rate was 15.80% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 33.90% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 63.80% per year.
During the past 13 years, SBA Communications's highest 3-Year average EPS without NRI Growth Rate was 130.30% per year. The lowest was -60.50% per year. And the median was 10.15% per year.
SBA Communications (NAS:SBAC) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
SBA Communications Earnings per Share (Diluted) Related Terms
SBA Communications Earnings per Share (Diluted) Historical Data
* Premium members only.
The historical data trend for SBA Communications's Earnings per Share (Diluted) 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 Earnings per Share (Diluted) Chart
SBAC vs WY, LAMR, GLPI: Earnings per Share (Diluted) Comparison
For the REIT - Specialty subindustry, SBA Communications's PE Ratio, along with its competitors' market caps and PE Ratio 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 PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, SBA Communications's PE Ratio distribution charts can be found below:
* The bar in red indicates where SBA Communications's PE Ratio falls into.
SBA Communications Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
SBA Communications's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.28
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $9.28 mean?
SBA Communications (SBAC) has a Earnings per Share (Diluted) of $9.28 as of Jun. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on SBA Communications and its competitors. According to the industry distribution chart, SBA Communications ranks #86 out of 669 companies in the REITs industry, placing it in the top 12.9%.
Is SBA Communications' Earnings per Share (Diluted) too high?
SBA Communications' current Earnings per Share (Diluted) is $9.28. The REITs industry median Earnings per Share (Diluted) is 1.00. SBA Communications' value of $9.28 is 828% above this industry median. Based on the distribution chart, SBA Communications ranks #86 out of 669 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, SBA Communications has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SBA Communications' Earnings per Share (Diluted) compare to WY and LAMR?
According to the REITs industry distribution chart, SBA Communications ranks #86 out of 669 companies for Earnings per Share (Diluted). This places SBA Communications in the top 13% of its industry — outperforming the majority of peers. The industry median Earnings per Share (Diluted) is 1.00. SBA Communications' value of $9.28 is 828% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a REITs company?
The median Earnings per Share (Diluted) among REITs companies is 1.00, based on 669 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBA Communications's current Earnings per Share (Diluted) of $9.28 is 828% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on SBA Communications and its competitors. For the REITs industry, the median Earnings per Share (Diluted) is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBA Communications's current Earnings per Share (Diluted) is $9.28. 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 $227.15, compared to a current price of $184.04 — trading 19% below its estimated fair value. The current Earnings per Share (Diluted) is $9.28 and 828% above the REITs industry median of 1.00. SBA Communications' overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For SBA Communications (SBAC), the current Earnings per Share (Diluted) is $9.28 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 $184.04 is trading 19% below its estimated GF Value™ of $227.15.
GuruFocus considers SBA Communications to be Modestly Undervalued.
Key valuation signals for SBAC:
Earnings per Share (Diluted): $9.28
GF Value™: $227.15 vs. price of $184.04 (19% below fair value)
Industry Position: 828% above the REITs median (#86 of 669)
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 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.
86GF Score
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