SBA Communications Corp (OQ:SBAC)
Business Focus: N/A
| Sector: N/A | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 8051 Congress Avenue BOCA RATON FL 33487 |
| Tel: | 1-561-2269531 |
| Website: | https://sbasite.com |
| IR: | See website |
| Key People | ||
| Brendan T. Cavanagh President, Chief Executive Officer, Director | Brian Allen Senior Vice President - Site Leasing | Marc Montagner Chief Financial Officer, Executive Vice President |
| Michelle Eisner Chief Human Resource Officer, Senior Vice President | Joshua Koenig Executive Vice President, Chief Administrative Officer, General Counsel | Richard M. Cane Executive Vice President, President - International |
| Mark R. Ciarfella Executive Vice President - Operations | Jason V. Silberstein Executive Vice President - Site Leasing | Brian D. Lazarus Senior Vice President, Chief Accounting Officer | Elvis T. Clemetson Senior Vice President, Chief Information Officer |
| Business Overview |
| SBA Communications Corporation is an independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. The Company's primary focus is the leasing of antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts in the United States, South America, Central America, Canada, South Africa, the Philippines, and Tanzania. It operates through two segments: Domestic Site Leasing and International Site Leasing. Domestic Site Leasing segment leases to T-Mobile, AT&T Wireless, Verizon Wireless, and DISH Wireless. The segment owns approximately 17,487 sites in the United States and its territories. The International Site Leasing segment owns and operates approximately 22,131 towers in 14 international markets throughout South America, Central America, Canada, South Africa, the Philippines, and Tanzania. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, SBA Communications Corp revenues increased 3% to $2.71B. Net income increased 9% to $501.8M. Revenues reflect International Site Leasing segment increase of 20% to $670.4M, Domestic Site Leasing segment increase of 4% to $1.85B. Net income benefited from International Site Leasing segment income increase of 36% to $111.9M, Other segment loss decrease of 16% to $67.1M. |
| Employees: | 1,787 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $33,495M as of Dec 31, 2023 |
| Annual revenue (TTM): | $2,712M as of Dec 31, 2023 |
| EBITDA (TTM): | $1,831M as of Dec 31, 2023 |
| Net annual income (TTM): | $501.81M as of Dec 31, 2023 |
| Free cash flow (TTM): | $937.74M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $12,115M as of Dec 31, 2023 |
| Shares outstanding: | 108,021,364 as of Mar 22, 2024 |
| Index Membership: | S&P 500 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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