SBA Communications (SBAC) Market Cap 2000–2025

As of December 12, 2025, SBA Communications had a market cap of $20.430 billion, which decreased by 0.58% compared to the previous trading day. Market capitalization, often referred to as market cap, represents the total value of a company's outstanding shares on the stock market and is a common measure of its overall size and valuation.

Data updated: Dec 12, 2025, 4:00 PM ET
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SBA Communications Corp. (SBAC)

🌍 United States 📈 NASDAQ 🏭 Real Estate 🏢 Specialized REITs
Latest Market Cap
$20.430B ▼ 0.58%
Jan 1, 2025
$21.921B ▼ 6.80%
1 Year Ago
$23.039B ▼ 11.32%
All-Time High
$42.388B ▼ 51.80%


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Note: Each point on the chart represents the market capitalization at the end of the trading day.
Source: Data compiled from EDGAR filings, Bloomberg and Yahoo Finance.


📈 SBA Communications Market Cap History by Year and Month

SBA Communications Market Cap History by Year and Month
Year / MonthMarket Cap% Change
2025$20.430B▼ 6.80%
$20.430B▼ 1.30%
$20.700B▲ 0.68%
$20.560B▼ 0.96%
$20.760B▼ 5.64%
$22.000B▼ 8.90%
$24.150B▼ 4.28%
$25.230B▲ 1.24%
$24.920B▼ 4.70%
$26.150B▲ 10.01%
$23.770B▲ 1.36%
$23.450B▲ 10.35%
$21.250B▼ 3.06%
2024$21.921B▼ 19.91%
2023$27.371B▼ 9.56%
2022$30.265B▼ 28.60%
2021$42.388B▲ 36.81%

All market cap values reflect closing prices for the period shown.


📊 SBA Communications Market Cap and Other Industry Peers

Below are selected companies from the Real Estate sector / subsector:

  1. $84.55B
  2. $73.68B
  3. $52.80B
  4. $48.25B
  5. $39.62B
  6. $30.64B
  7. $28.54B
  8. $24.64B
  9. $23.18B
  10. $20.43B
  11. $18.08B
  12. $16.88B
  13. $12.96B
  14. $12.30B
  15. $8.33B
  16. $5.26B
  17. $3.81B
  18. $3.36B
  19. $3.11B
  20. $2.29B

Data reflect the most recent market capitalization values available.

💡 What Is Market Capitalization and How Do We Calculate It?

For SBA Communications Corp. (SBAC), market capitalization represents the total market value of the company’s publicly traded shares. It helps investors understand SBA Communications’s size within the real estate sector and compare it with other companies in the same industry.

In most cases, market capitalization is calculated by multiplying the current share price by the number of basic shares outstanding. Basic shares represent the actual number of common shares that currently exist, without including potential future shares from employee stock options, RSUs, warrants, or convertible securities. For example, if SBA Communications had one million basic shares and each traded at $50, its market capitalization would be $50 million.

Formula:
Market Cap = Share Price × Shares Outstanding

The value of SBA Communications’s market capitalization changes throughout the trading day because it mainly depends on the current share price. The number of shares outstanding typically remains stable unless the company issues new shares, buys back its own stock, or grants stock options to employees.

Based on the latest data, SBA Communications had a market capitalization of $20.430 billion, placing it in the large-cap category within the real estate industry.

Disclaimer: Despite all efforts, there may still be minor inaccuracies present in the data.