Company / Capital Expenditures
SBA Communications Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$224.8M
FY2025
5-year range
$128.6M / $236.7M
FY2021-FY2025
Trend
-1.5%
vs FY2024
Sector context
#16 of 41
Real Estate
What the data says
At $225M, SBA Communications's capital expenditures ranks #16 of 41 in the Real Estate sector. Capital Expenditures has fluctuated over the past 10 years, ranging from $129M in FY2022 to $237M in FY2023.
Based on SEC 10-K filings.
$225M in FY2025 with a 5-year CAGR of +8.5%.
Declined from $237M to $225M over the past 2 years.
Real Estate sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +20.5%
- 5-Year CAGR
- +8.5%
- 10-Year CAGR
- -
Sector benchmark
#16 of 41 in Real EstateTop 39% of 41This company $224.8M Sector average $453.7M
▼
-50.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +8.5%, indicating consistent growth.
- In FY2025, capital expenditures decreased 1.5% year-over-year.
- Ranks #16 out of 41 companies in the Real Estate sector.
- Peak capital expenditures was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score -0.63 (distress zone, below 1.8 threshold)
- Strong profit margin: 28.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $224.8M | -1.5% |
| FY2024 | $228.1M | -3.6% |
| FY2023 | $236.7M | +84.1% |
| FY2022 | $128.6M | -16.6% |
| FY2021 | $154.2M | +3.0% |
| FY2020 | $149.8M | -2.9% |
| FY2019 | $154.2M | +10.2% |
| FY2018 | $140.0M | -32.9% |
| FY2017 | $208.7M | -1.2% |
| FY2016 | $211.3M | +1.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026