SBA Communications Corp. Files 2024 Annual Report

Ticker: SBAC · Form: 10-K · Filed: 2025-02-26T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, annual-report, real-estate

Related Tickers: SBAC

TL;DR

SBAC 10-K filed: full year financials out, check for operational updates.

AI Summary

SBA Communications Corp. filed its 10-K for the fiscal year ending December 31, 2024. The filing details the company's financial performance and operations. Key financial data and operational aspects are presented within this comprehensive annual report.

Why It Matters

This 10-K filing provides investors and stakeholders with a detailed overview of SBA Communications Corp.'s financial health and strategic direction for the past fiscal year.

Risk Assessment

Risk Level: medium — This is a standard annual report filing and does not inherently indicate new risks.

Key Players & Entities

FAQ

What is the primary business of SBA Communications Corp.?

SBA Communications Corp. is classified under Real Estate Investment Trusts (SIC code 6798) and operates within the Real Estate & Construction sector.

When did SBA Communications Corp. file its 10-K report?

The 10-K report was filed on February 26, 2025.

For which fiscal year is this 10-K report?

This 10-K report is for the fiscal year ending December 31, 2024.

Where is SBA Communications Corp. headquartered?

SBA Communications Corp. is headquartered in Boca Raton, Florida.

What is the SEC file number for SBA Communications Corp.?

The SEC file number for SBA Communications Corp. is 001-16853.

From the Filing

0001034054-25-000002.txt : 20250226 0001034054-25-000002.hdr.sgml : 20250226 20250226160456 ACCESSION NUMBER: 0001034054-25-000002 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 148 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250226 DATE AS OF CHANGE: 20250226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SBA COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001034054 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 650716501 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 25669916 BUSINESS ADDRESS: STREET 1: 8051 CONGRESS AVENUE CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: 5612269345 MAIL ADDRESS: STREET 1: 8051 CONGRESS AVENUE CITY: BOCA RATON STATE: FL ZIP: 33487 10-K 1 sbac-20241231x10k.htm 10-K sbac-20241231x10k false FY 2024 0001034054 Yes Yes No Yes P7Y P2M http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://www.sbasite.com/20241231#LeaseLiabilityCurrent http://www.sbasite.com/20241231#LeaseLiabilityCurrent http://www.sbasite.com/20241231#LeaseLiabilityNoncurrent http://www.sbasite.com/20241231#LeaseLiabilityNoncurrent http://www.sbasite.com/20241231#LeaseLiabilityCurrent http://www.sbasite.com/20241231#LeaseLiabilityCurrent http://www.sbasite.com/20241231#LeaseLiabilityNoncurrent http://www.sbasite.com/20241231#LeaseLiabilityNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent 0001034054 us-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember 2024-01-01 2024-12-31 0001034054 sbac:NewPlanMember us-gaap:SubsequentEventMember 2025-02-26 0001034054 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001034054 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001034054 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001034054 us-gaap:RetainedEarningsMember 2024-12-31 0001034054 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001034054 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001034054 us-gaap:RetainedEarningsMember 2023-12-31 0001034054 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001034054 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001034054 us-gaap:RetainedEarningsMember 2022-12-31 0001034054 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001034054 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001034054 us-gaap:RetainedEarningsMember 2021-12-31 0001034054 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001034054 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001034054 sbac:November162007RegistrationStatementMember us-gaap:CommonClassAMember 2024-12-31 0001034054 sbac:February262021RegistrationStatementMember us-gaap:CommonClassAMember 2024-12-31 0001034054 sbac:November162007RegistrationStatementMember us-gaap:CommonClassAMember 2023-12-31 0001034054 sbac:ExercisePriceRangeTwoMember 2024-01-01 2024-12-31 0001034054 sbac:ExercisePriceRangeThreeMember 2024-01-01 2024-12-31 0001034054 sbac:ExercisePriceRangeFourMember 2024-01-01 2024-12-31 0001034054 sbac:ExercisePriceRangeTwoMember 2024-12-31 0001034054 sbac:ExercisePriceRangeThreeMember 2024-12-31 0001034054 sbac:ExercisePriceRangeFourMember 2024-12-31 0001034054 sbac:Plan2020Member us-gaap:CommonClassAMember 2020-05-14 0001034054 us-gaap:RestrictedStockUnitsRSUMember 2024-12-31 0001034054 us-gaap:PerformanceSharesMember 2024-12-31 0001034054 us-gaap:RestrictedStockUnitsRSUMember 2023-12-31 0001034054 us-gaap:PerformanceSharesMember 2023-12-31 0001034054 us-ga

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