Company / PP&E (Net)
SBA Communications PP&E (Net) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest PP&E (Net)
$3.4B
FY2025
5-year range
$2.6B / $3.4B
FY2021-FY2025
Trend
+21.8%
vs FY2024
Sector context
#8 of 41
Real Estate
What the data says
SBA Communications's pp&e (net) of $3.4B is higher than 80% of companies in the Real Estate sector (FY2025). PP&E (Net) has fluctuated over the past 10 years, ranging from $2.6B in FY2021 to $3.4B in FY2025.
Based on SEC 10-K filings.
$3.4B in FY2025 with a 5-year CAGR of +4.9%. Top quartile in the Real Estate sector.
Improved from $2.7B to $3.4B over the past 2 years.
Real Estate sector context is included.
PP&E (Net) over time
Growth rates
- 3-Year CAGR
- +7.8%
- 5-Year CAGR
- +4.9%
- 10-Year CAGR
- -
Sector benchmark
Top 20% in Real EstateTop 20% of 41This company $3.4B Sector average $2.2B
▼
+57.8% above sector average
Key checks
Key Insights
- 5-year CAGR of +4.9%, indicating consistent growth.
- In FY2025, pp&e (net) increased 21.8% year-over-year.
- Ranks #8 out of 41 companies in the Real Estate sector.
- Lowest pp&e (net) in the period was in FY2021.
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 | PP&E (Net)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.4B | +21.8% |
| FY2024 | $2.8B | +3.0% |
| FY2023 | $2.7B | -0.1% |
| FY2022 | $2.7B | +5.4% |
| FY2021 | $2.6B | -3.8% |
| FY2020 | $2.7B | -4.2% |
| FY2019 | $2.8B | +0.3% |
| FY2018 | $2.8B | -0.9% |
| FY2017 | $2.8B | +0.7% |
| FY2016 | $2.8B | +0.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026