SBAC (SBA Communications) Effective Interest Rate on Debt %: 3.37% (As of Mar. 2026)


SBAC SBA Communications Corp SBAC
85 GF Score
Price $183.16
GF Value $233.24
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is SBA Communications Effective Interest Rate on Debt %?

SBA Communications SBAC +1.45% 85 Effective Interest Rate on Debt % is 3.37% as of Mar. 2026. GuruFocus rates SBAC with a GF Score™ of 85/100 and a GF Value™ of $233.24 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. SBA Communications's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $517 Mil. SBA Communications's average total debt for the quarter that ended in Mar. 2026 was $15,368 Mil. Therefore, SBA Communications's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 3.37%.


SBA Communications  (NAS:SBAC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


SBA Communications Effective Interest Rate on Debt % Related Terms


SBA Communications Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for SBA Communications's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

SBA Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 2.69 2.94 2.83 3.07

SBA Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % 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 2.96 3.28 3.24 3.23 3.37

SBAC vs WY, LAMR, GLPI: Effective Interest Rate on Debt % Comparison

For the REIT - Specialty subindustry, SBA Communications's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs REITs Industry

For the REITs industry and Real Estate sector, SBA Communications's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where SBA Communications's Effective Interest Rate on Debt % falls into.


SBAC
85GF Score
SBA Communications Corp SBAC
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBA Communications Effective Interest Rate on Debt % Calculation

SBA Communications's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -476.767/( (15756.194+15319.13)/ 2 )
=-1  *  -476.767/15537.662
=3.07 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14307.264 + 1448.93
=15756.194

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13083.724 + 2235.406
=15319.13

SBA Communications's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -517.204/( (15319.13+15416.058)/ 2 )
=-1  *  -517.204/15367.594
=3.37 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13083.724 + 2235.406
=15319.13

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12427.567 + 2988.491
=15416.058

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 3.37% mean?
SBA Communications (SBAC) has a Effective Interest Rate on Debt % of 3.37% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SBA Communications and its competitors.
Is SBA Communications' Effective Interest Rate on Debt % too high?
SBA Communications' current Effective Interest Rate on Debt % is 3.37%. Overall, SBA Communications has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SBA Communications' Effective Interest Rate on Debt % compare to WY and LAMR?
SBA Communications' Effective Interest Rate on Debt % of 3.37% 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 Effective Interest Rate on Debt % for a REITs company?
A good Effective Interest Rate on Debt % depends on the REITs industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SBA Communications and its competitors. SBA Communications's current Effective Interest Rate on Debt % is 3.37%. 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 $233.24, compared to a current price of $183.16 — trading 21.5% below its estimated fair value. The current Effective Interest Rate on Debt % is 3.37%. SBA Communications' overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For SBA Communications (SBAC), the current Effective Interest Rate on Debt % is 3.37% 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 $183.16 is trading 21.5% below its estimated GF Value™ of $233.24. GuruFocus considers SBA Communications to be Modestly Undervalued.

Key valuation signals for SBAC:

  • Effective Interest Rate on Debt %: 3.37%
  • GF Value™: $233.24 vs. price of $183.16 (21.5% below fair value)
  • GF Score™: 85/100 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.
85GF Score

Get the complete analysis for SBAC

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$183.16
Price
$233.24
GF Value