SBAC (SBA Communications) Tax Rate %: 21.66% (As of Mar. 2026)


SBAC SBA Communications Corp SBAC
85 GF Score
Price $190.10
GF Value $233.29
Valuation Modestly Undervalued
! 5 Warning Signs
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What is SBA Communications Tax Rate %?

SBA Communications SBAC +4.13% 85 Tax Rate % is 21.66% as of Mar. 2026. GuruFocus rates SBAC with a GF Score™ of 85/100 and a GF Value™ of $233.29 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SBA Communications's Tax Expense for the three months ended in Mar. 2026 was $51 Mil. SBA Communications's Pre-Tax Income for the three months ended in Mar. 2026 was $236 Mil. Therefore, SBA Communications's Tax Rate % for the quarter that ended in Mar. 2026 was 21.66%.

SBA Communications Tax Rate % Related Terms

SBA Communications Tax Rate % Historical Data

* Premium members only.

The historical data trend for SBA Communications's Tax Rate % 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 Tax Rate % Chart

SBA Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.92 12.56 9.31 3.10 15.10

SBA Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 16.17 13.45 16.83 14.31 21.66
SBAC
85GF Score
SBA Communications Corp SBAC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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SBA Communications Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

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

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=187.582/1242.038
=15.10 %

SBA Communications's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=51.112/236.014
=21.66 %

* 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 Tax Rate % →
What does a Tax Rate % of 21.66% mean?
SBA Communications (SBAC) has a Tax Rate % of 21.66% as of Mar. 2026.
Is SBA Communications' Tax Rate % too high?
SBA Communications' current Tax Rate % is 21.66%. 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' Tax Rate % compare to WY and LAMR?
SBA Communications' Tax Rate % of 21.66% 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 Tax Rate % for a REITs company?
A good Tax Rate % depends on the REITs industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. SBA Communications's current Tax Rate % is 21.66%. 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 $233.29, compared to a current price of $190.10 — trading 18.5% below its estimated fair value. The current Tax Rate % is 21.66%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For SBA Communications (SBAC), the current Tax Rate % is 21.66% 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 $190.10 is trading 18.5% below its estimated GF Value™ of $233.29. GuruFocus considers SBA Communications to be Modestly Undervalued.

Key valuation signals for SBAC:

  • Tax Rate %: 21.66%
  • GF Value™: $233.29 vs. price of $190.10 (18.5% 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

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

$190.10
Price
$233.29
GF Value