SBAC (SBA Communications) Tax Expense: $197 Mil (TTM As of Mar. 2026)


SBAC SBA Communications Corp SBAC
83 GF Score
Price $184.71
GF Value $233.21
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is SBA Communications Tax Expense?

SBA Communications SBAC +2.10% 83 Tax Expense is $197 Mil as of Mar. 2026. GuruFocus rates SBAC with a GF Score™ of 83/100 and a GF Value™ of $233.21 (Modestly Undervalued). The stock has 5 warning signs investors should review.

SBA Communications's tax expense for the months ended in Mar. 2026 was $51 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was $197 Mil.


SBA Communications  (NAS:SBAC) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


SBA Communications Tax Expense Related Terms


SBA Communications Tax Expense Historical Data

* Premium members only.

The historical data trend for SBA Communications's Tax Expense 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 Expense Chart

SBA Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.94 66.04 51.09 23.99 187.58

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 Expense 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 42.02 35.06 48.65 61.85 51.11
SBAC
83GF Score
SBA Communications Corp SBAC
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBA Communications Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense 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 $197 Mil.

* 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 Expense →
What does a Tax Expense of $197 Mil mean?
SBA Communications (SBAC) has a Tax Expense of $197 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on SBA Communications and its competitors.
Is SBA Communications' Tax Expense too high?
SBA Communications' current Tax Expense is $197 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' Tax Expense compare to WY and LAMR?
SBA Communications' Tax Expense of $197 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 Tax Expense for a REITs company?
A good Tax Expense depends on the REITs industry context. However, Tax Expense 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 Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on SBA Communications and its competitors. SBA Communications's current Tax Expense is $197 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 $233.21, compared to a current price of $184.71 — trading 20.8% below its estimated fair value. The current Tax Expense is $197 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 Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For SBA Communications (SBAC), the current Tax Expense is $197 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 $233.21. GuruFocus considers SBA Communications to be Modestly Undervalued.

Key valuation signals for SBAC:

  • Tax Expense: $197 Mil
  • GF Value™: $233.21 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

Get the complete analysis for SBAC

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

$184.71
Price
$233.21
GF Value