SBAC (SBA Communications) 3-Year EBITDA Growth Rate: 7.80% (As of Mar. 2026) — 39% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SBAC SBA Communications Corp SBAC
81 GF Score
Price $183.69
GF Value $227.16
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is SBA Communications 3-Year EBITDA Growth Rate?

SBA Communications SBAC +0.60% 81 3-Year EBITDA Growth Rate is 7.80% as of Mar. 2026, which is 39% below its 10-year median of 12.70. GuruFocus rates SBAC with a GF Score™ of 81/100 and a GF Value™ of $227.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 608 REITs companies, SBA Communications ranks better than 64.97% on this metric.

SBA Communications's EBITDA per Share for the three months ended in Mar. 2026 was $4.21.

During the past 12 months, SBA Communications's average EBITDA Per Share Growth Rate was 20.60% per year. During the past 3 years, the average EBITDA Per Share Growth Rate was 7.80% per year. During the past 5 years, the average EBITDA Per Share Growth Rate was 11.10% per year. During the past 10 years, the average EBITDA Per Share Growth Rate was 9.50% 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 the average EBITDA per share growth rate.

During the past 13 years, the highest 3-Year average EBITDA Per Share Growth Rate of SBA Communications was 102.70% per year. The lowest was 2.10% per year. And the median was 12.70% per year.


SBA Communications  (NAS:SBAC) 3-Year EBITDA Growth Rate Explanation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.


SBA Communications 3-Year EBITDA Growth Rate Related Terms


SBAC vs WY, LAMR, GLPI: 3-Year EBITDA Growth Rate Comparison

For the REIT - Specialty subindustry, SBA Communications's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate 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 3-Year EBITDA Growth Rate vs REITs Industry

For the REITs industry and Real Estate sector, SBA Communications's 3-Year EBITDA Growth Rate distribution charts can be found below:

* The bar in red indicates where SBA Communications's 3-Year EBITDA Growth Rate falls into.


SBAC
81GF Score
SBA Communications Corp SBAC
3-Year EBITDA Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBA Communications 3-Year EBITDA Growth Rate Calculation

This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average EBITDA per share growth rate.

What does a 3-Year EBITDA Growth Rate of 7.80% mean?
SBA Communications (SBAC) has a 3-Year EBITDA Growth Rate of 7.80% as of Mar. 2026. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for SBA Communications and its competitors. This is 39% below median its historical median of 12.70. Over the past decade, SBA Communications' 3-Year EBITDA Growth Rate has ranged from 2.10 to 102.70. According to the industry distribution chart, SBA Communications ranks #213 out of 608 companies in the REITs industry, placing it in the top 35%.
Is SBA Communications' 3-Year EBITDA Growth Rate too high?
SBA Communications' current 3-Year EBITDA Growth Rate of 7.80% is 39% below median its 10-year median of 12.70. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 102.70. The REITs industry median 3-Year EBITDA Growth Rate is 2.70. SBA Communications' value of 7.80% is 188.9% above this industry median. Based on the distribution chart, SBA Communications ranks #213 out of 608 companies in the REITs industry, which is above the industry midpoint. Overall, SBA Communications has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SBA Communications' 3-Year EBITDA Growth Rate compare to WY and LAMR?
According to the REITs industry distribution chart, SBA Communications ranks #213 out of 608 companies for 3-Year EBITDA Growth Rate. This puts SBA Communications in the upper half of its industry. The industry median 3-Year EBITDA Growth Rate is 2.70. SBA Communications' value of 7.80% is 188.9% above this benchmark. Historically, SBA Communications' own 3-Year EBITDA Growth Rate has ranged from 2.10 to 102.70 over the past decade. While the company's 10-year median is 12.70 vs. the industry median of 2.70, SBA Communications has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EBITDA Growth Rate for a REITs company?
The median 3-Year EBITDA Growth Rate among REITs companies is 2.70, based on 608 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EBITDA Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EBITDA Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBA Communications's current 3-Year EBITDA Growth Rate of 7.80% is 188.9% 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 3-Year EBITDA Growth Rate mean?
A high 3-Year EBITDA Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for SBA Communications and its competitors. For the REITs industry, the median 3-Year EBITDA Growth Rate is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBA Communications's current 3-Year EBITDA Growth Rate is 7.80%, which is 39% below median its own 10-year median of 12.70. 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 $227.16, compared to a current price of $183.69 — trading 19.1% below its estimated fair value. The current 3-Year EBITDA Growth Rate is 7.80%, which is 39% below median its 10-year median of 12.70 and 188.9% above the REITs industry median of 2.70. SBA Communications' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EBITDA Growth Rate calculated?
3-Year EBITDA Growth Rate is calculated from a company's financial statements. For SBA Communications (SBAC), the current 3-Year EBITDA Growth Rate is 7.80% as of Mar. 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 $183.69 is trading 19.1% below its estimated GF Value™ of $227.16. GuruFocus considers SBA Communications to be Modestly Undervalued.

Key valuation signals for SBAC:

  • 3-Year EBITDA Growth Rate: 7.80% (39% below median its 10-year median of 12.70)
  • GF Value™: $227.16 vs. price of $183.69 (19.1% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 188.9% above the REITs median (#213 of 608)

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.
81GF Score

Get the complete analysis for SBAC

3-Year EBITDA Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$183.69
Price
$227.16
GF Value