SBAC (SBA Communications) FCF Yield %: 5.18 (As of Jun. 25, 2026) — 40% Above Median


SBAC SBA Communications Corp SBAC
86 GF Score
Price $185.47
GF Value $233.11
Valuation Modestly Undervalued
! 5 Warning Signs
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What is SBA Communications FCF Yield %?

SBA Communications SBAC -2.19% 86 FCF Yield % is 5.18 as of Jun. 25, 2026, which is 40% above its 10-year median of 3.70. GuruFocus rates SBAC with a GF Score™ of 86/100 and a GF Value™ of $233.11 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 942 REITs companies, SBA Communications ranks worse than 54.78% on this metric.

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, SBA Communications's Trailing 12-Month Free Cash Flow is $1,018 Mil, and Market Cap is $19,672 Mil. Therefore, SBA Communications's FCF Yield % for today is 5.18%.

The historical rank and industry rank for SBA Communications's FCF Yield % or its related term are showing as below:

SBAC' s FCF Yield % Range Over the Past 10 Years
Min: 2.41   Med: 3.7   Max: 6.28
Current: 5.18


During the past 13 years, the highest FCF Yield % of SBA Communications was 6.28%. The lowest was 2.41%. And the median was 3.70%.

SBAC's FCF Yield % is ranked worse than
54.78% of 942 companies
in the REITs industry
Industry Median: 5.91 vs SBAC: 5.18

SBA Communications's FCF Margin % for the quarter that ended in Mar. 2026 was 29.38%.


SBA Communications FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


SBA Communications FCF Yield % Related Terms


SBA Communications FCF Yield % Historical Data

* Premium members only.

The historical data trend for SBA Communications's FCF Yield % 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 FCF Yield % Chart

SBA Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 3.54 4.77 5.05 5.22

SBA Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Yield % 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 4.29 4.95 5.00 4.72 4.53

SBAC vs WY, LAMR, GLPI: FCF Yield % Comparison

For the REIT - Specialty subindustry, SBA Communications's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % vs REITs Industry

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

* The bar in red indicates where SBA Communications's FCF Yield % falls into.


SBAC
86GF Score
SBA Communications Corp SBAC
FCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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SBA Communications FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

SBA Communications's FCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=1066.509 / 20438.97438
=5.22%

SBA Communications's annualized FCF Yield % for the quarter that ended in Mar. 2026 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=206.688 * 4 / 18254.50293
=4.53%

* 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.

Frequently Asked Questions Learn more about FCF Yield % →
What does a FCF Yield % of 5.18 mean?
SBA Communications (SBAC) has a FCF Yield % of 5.18 as of Jun. 25, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on SBA Communications and its competitors. This is 40% above median its historical median of 3.70. Over the past decade, SBA Communications' FCF Yield % has ranged from 2.41 to 6.28. According to the industry distribution chart, SBA Communications ranks #516 out of 942 companies in the REITs industry, placing it in the top 54.8%.
Is SBA Communications' FCF Yield % too high?
SBA Communications' current FCF Yield % of 5.18 is 40% above median its 10-year median of 3.70. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 6.28. The REITs industry median FCF Yield % is 5.91. SBA Communications' value of 5.18 is 12.4% below this industry median. Based on the distribution chart, SBA Communications ranks #516 out of 942 companies in the REITs industry, which is below the industry midpoint. 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' FCF Yield % compare to WY and LAMR?
According to the REITs industry distribution chart, SBA Communications ranks #516 out of 942 companies for FCF Yield %. This places SBA Communications in the lower half of its industry. The industry median FCF Yield % is 5.91. SBA Communications' value of 5.18 is 12.4% below this benchmark. Historically, SBA Communications' own FCF Yield % has ranged from 2.41 to 6.28 over the past decade. While the company's 10-year median is 3.70 vs. the industry median of 5.91, SBA Communications has consistently been below 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 FCF Yield % for a REITs company?
The median FCF Yield % among REITs companies is 5.91, based on 942 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBA Communications's current FCF Yield % of 5.18 is 12.4% below 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 FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on SBA Communications and its competitors. For the REITs industry, the median FCF Yield % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBA Communications's current FCF Yield % is 5.18, which is 40% above median its own 10-year median of 3.70. 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 $233.11, compared to a current price of $185.47 — trading 20.4% below its estimated fair value. The current FCF Yield % is 5.18, which is 40% above median its 10-year median of 3.70 and 12.4% below the REITs industry median of 5.91. SBA Communications' overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For SBA Communications (SBAC), the current FCF Yield % is 5.18 as of Jun. 25, 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 $185.47 is trading 20.4% below its estimated GF Value™ of $233.11. GuruFocus considers SBA Communications to be Modestly Undervalued.

Key valuation signals for SBAC:

  • FCF Yield %: 5.18 (40% above median its 10-year median of 3.70)
  • GF Value™: $233.11 vs. price of $185.47 (20.4% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 12.4% below the REITs median (#516 of 942)

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.
86GF Score

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

$185.47
Price
$233.11
GF Value