SBAC (SBA Communications) Stock Based Compensation: $79 Mil (TTM As of Mar. 2026)


SBAC SBA Communications Corp SBAC
83 GF Score
Price $184.71
GF Value $233.24
Valuation Modestly Undervalued
! 5 Warning Signs
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What is SBA Communications Stock Based Compensation?

SBA Communications SBAC +2.10% 83 Stock Based Compensation is $79 Mil as of Mar. 2026. GuruFocus rates SBAC with a GF Score™ of 83/100 and a GF Value™ of $233.24 (Modestly Undervalued). The stock has 5 warning signs investors should review.

SBA Communications's Stock Based Compensation for the three months ended in Mar. 2026 was $19 Mil. Its Stock Based Compensation for the trailing twelve months (TTM) ended in Mar. 2026 was $79 Mil.

SBA Communications Stock Based Compensation Related Terms

SBA Communications Stock Based Compensation Historical Data

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The historical data trend for SBA Communications's Stock Based Compensation 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 Stock Based Compensation Chart

SBA Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Stock Based Compensation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.40 99.91 87.92 74.37 75.73

SBA Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Stock Based Compensation 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 15.71 21.52 19.32 19.18 18.94
SBAC
83GF Score
SBA Communications Corp SBAC
Stock Based Compensation is just one metric. See GF Score™, valuation, warning signs, and more.
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SBA Communications Stock Based Compensation Calculation

Stock Based Compensation is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Stock Based Compensation for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $79 Mil.

What does a Stock Based Compensation of $79 Mil mean?
SBA Communications (SBAC) has a Stock Based Compensation of $79 Mil as of Mar. 2026. Stock based compensation is the amount of company stock issued as employee benefits. View historical data for SBA Communications and its competitors.
Is SBA Communications' Stock Based Compensation too high?
SBA Communications' current Stock Based Compensation is $79 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' Stock Based Compensation compare to WY and LAMR?
SBA Communications' Stock Based Compensation of $79 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 Stock Based Compensation for a REITs company?
A good Stock Based Compensation depends on the REITs industry context. However, Stock Based Compensation 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 Stock Based Compensation mean?
A high Stock Based Compensation can signal that a stock is expensive relative to its fundamentals. Stock based compensation is the amount of company stock issued as employee benefits. View historical data for SBA Communications and its competitors. SBA Communications's current Stock Based Compensation is $79 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 $233.24, compared to a current price of $184.71 — trading 20.8% below its estimated fair value. The current Stock Based Compensation is $79 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 Stock Based Compensation calculated?
Stock Based Compensation is calculated from a company's financial statements. For SBA Communications (SBAC), the current Stock Based Compensation is $79 Mil 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 $184.71 is trading 20.8% below its estimated GF Value™ of $233.24. GuruFocus considers SBA Communications to be Modestly Undervalued.

Key valuation signals for SBAC:

  • Stock Based Compensation: $79 Mil
  • GF Value™: $233.24 vs. price of $184.71 (20.8% 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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Stock Based Compensation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$184.71
Price
$233.24
GF Value