Company / Shareholders' Equity
SBA Communications Shareholders' Equity History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
-$4.9B
FY2025
5-year range
-$5.3B / -$4.8B
FY2021-FY2025
Trend
+5.0%
vs FY2024
Sector context
#142 of 142
Real Estate
What the data says
SBA Communications reports negative total equity of -$4.9B in FY2025. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-$4.9B in FY2025.
Improved from -$5.2B to -$4.9B over the past 2 years.
Real Estate sector context is included.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 0% in Real EstateTop 100% of 142This company -$4.9B Sector average $4.6B
▼
-206.3% below sector average
Key checks
Key Insights
- SBA Communications's shareholders' equity has grown for 3 consecutive years.
- In FY2025, shareholders' equity increased 5.0% year-over-year.
- Ranks #142 out of 142 companies in the Real Estate sector.
- Peak shareholders' equity was recorded in FY2016.
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 | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$4.9B | +5.0% |
| FY2024 | -$5.1B | +1.2% |
| FY2023 | -$5.2B | +2.1% |
| FY2022 | -$5.3B | -9.5% |
| FY2021 | -$4.8B | -42.9% |
| FY2020 | -$3.4B | +7.9% |
| FY2019 | -$3.7B | -83.7% |
| FY2018 | -$2.0B | -17.0% |
| FY2017 | -$1.7B | -158.2% |
| FY2016 | -$660.8M | +61.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026