SBAC (SBA Communications) Total Liabilities: $16,387 Mil (As of Mar. 2026)

What is SBA Communications Total Liabilities?

SBA Communications SBAC +2.10% 83 Total Liabilities is $16,387 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 Total Liabilities for the quarter that ended in Mar. 2026 was $16,387 Mil.

SBA Communications's quarterly Total Liabilities increased from Sep. 2025 ($16,117.62 Mil) to Dec. 2025 ($16,350.27 Mil) and increased from Dec. 2025 ($16,350.27 Mil) to Mar. 2026 ($16,386.75 Mil).

SBA Communications's annual Total Liabilities increased from Dec. 2023 ($15,314.28 Mil) to Dec. 2024 ($16,473.14 Mil) but then declined from Dec. 2024 ($16,473.14 Mil) to Dec. 2025 ($16,350.27 Mil).

SBA Communications Total Liabilities Related Terms

SBA Communications Total Liabilities Historical Data

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The historical data trend for SBA Communications's Total Liabilities 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 Total Liabilities Chart

SBA Communications Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Total Liabilities

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15,067.85

15,829.62

15,314.28

16,473.14

16,350.27

SBA Communications Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Total Liabilities	Get a 7-Day Free Trial															15,351.02	15,640.13	16,117.62	16,350.27	16,386.75

83GF Score

SBA Communications Corp SBAC

Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.

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SBA Communications Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

SBA Communications's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	2678.301	+	(13083.724	+	588.244
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	16,350

Total Liabilities	=	Total Assets (A: Dec. 2025 )	-	Total Equity (A: Dec. 2025 )
	=	11575.012	-	-4775.257
	=	16,350

SBA Communications's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	3345.69	+	(12427.567	+	613.488
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	16,387

Total Liabilities	=	Total Assets (Q: Mar. 2026 )	-	Total Equity (Q: Mar. 2026 )
	=	11720.844	-	-4665.901
	=	16,387

Frequently Asked Questions Learn more about Total Liabilities →

What does a Total Liabilities of $16,387 Mil mean?

SBA Communications (SBAC) has a Total Liabilities of $16,387 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for SBA Communications and its competitors.

Is SBA Communications' Total Liabilities too high?

SBA Communications' current Total Liabilities is $16,387 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' Total Liabilities compare to WY and LAMR?

SBA Communications' Total Liabilities of $16,387 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 Total Liabilities for a REITs company?

A good Total Liabilities depends on the REITs industry context. However, Total Liabilities 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 Total Liabilities mean?

A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for SBA Communications and its competitors. SBA Communications's current Total Liabilities is $16,387 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 Total Liabilities is $16,387 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 Total Liabilities calculated?

Total Liabilities is calculated from a company's financial statements. For SBA Communications (SBAC), the current Total Liabilities is $16,387 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:

Total Liabilities: $16,387 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 Estate REITs

Comparable Companies WY LAMR GLPI RYN FRMI OUT EPR CCI UNIT BXDC EQIX AMT DLR IRM BSP:ZIFI11 MEX:EDUCA18 BOM:543385 XBRU:SHUR XTAE:KSTN ASX:WPR

Other Exchanges 0KYZ:UK 4SB:Germany

Address 8051 Congress Avenue, Boca Raton, FL, USA, 33487

Website https://www.sbasite.com

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

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

$184.71

Price

$233.21

GF Value

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