SBA Income Statement Research

SBAC Stock

USD 196.80 0.74 0.38%

Most accounts from SBA Communications' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SBA Communications Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out SBA Communications Valuation and SBA Communications Correlation analysis.

At present, SBA Communications' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.2 B, whereas Depreciation And Amortization is forecasted to decline to about 417.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.8B	2.0B	1.4B	788.1M
Total Revenue	2.3B	2.6B	2.7B	2.8B

Gross Profit Total Revenue

SBA Communications income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Minority Interest	Discontinued Operations	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.97	0.62	0.75	0.94	0.98	0.54	0.54	0.72	0.36	0.8	0.33	-0.48	0.34	0.24	0.46	0.39	0.11	0.27	0.09	0.14	-0.6	-0.35	0.32	0.49
Interest Expense	0.97		0.63	0.74	0.92	0.97	0.55	0.55	0.71	0.38	0.74	0.33	-0.52	0.33	0.22	0.47	0.32	0.07	0.16	0.07	0.12	-0.6	-0.4	0.36	0.54
Selling General Administrative	0.62	0.63		0.97	0.69	0.71	0.97	0.97	0.97	0.85	0.37	0.89	-0.89	0.89	0.63	0.94	0.2	0.23	-0.21	-0.6	0.54	-0.79	-0.9	0.9	0.85
Total Revenue	0.75	0.74	0.97		0.77	0.81	0.94	0.94	0.99	0.83	0.51	0.8	-0.82	0.81	0.57	0.88	0.32	0.23	0.0	-0.53	0.47	-0.77	-0.82	0.81	0.78
Gross Profit	0.94	0.92	0.69	0.77		0.96	0.59	0.59	0.72	0.31	0.84	0.43	-0.59	0.44	0.26	0.54	0.27	0.02	0.07	0.13	0.17	-0.71	-0.45	0.42	0.63
Other Operating Expenses	0.98	0.97	0.71	0.81	0.96		0.64	0.64	0.78	0.44	0.74	0.46	-0.58	0.46	0.32	0.57	0.37	0.13	0.18	0.02	0.22	-0.65	-0.45	0.42	0.58
Operating Income	0.54	0.55	0.97	0.94	0.59	0.64		0.99	0.96	0.91	0.24	0.93	-0.83	0.94	0.72	0.97	0.17	0.33	-0.14	-0.69	0.64	-0.74	-0.9	0.87	0.8
Ebit	0.54	0.55	0.97	0.94	0.59	0.64	0.99		0.97	0.91	0.25	0.94	-0.79	0.94	0.73	0.98	0.15	0.4	-0.12	-0.69	0.65	-0.75	-0.87	0.84	0.76
Ebitda	0.72	0.71	0.97	0.99	0.72	0.78	0.96	0.97		0.86	0.45	0.84	-0.78	0.85	0.64	0.92	0.26	0.35	0.01	-0.58	0.55	-0.77	-0.81	0.79	0.75
Cost Of Revenue	0.36	0.38	0.85	0.83	0.31	0.44	0.91	0.91	0.86		-0.03	0.84	-0.73	0.84	0.65	0.87	0.27	0.36	-0.05	-0.88	0.58	-0.53	-0.83	0.82	0.62
Total Operating Expenses	0.8	0.74	0.37	0.51	0.84	0.74	0.24	0.25	0.45	-0.03		0.06	-0.26	0.06	-0.01	0.18	0.24	-0.08	0.23	0.34	-0.09	-0.49	-0.11	0.12	0.33
Income Before Tax	0.33	0.33	0.89	0.8	0.43	0.46	0.93	0.94	0.84	0.84	0.06		-0.71	1.0	0.81	0.98	-0.03	0.49	-0.23	-0.68	0.77	-0.69	-0.83	0.81	0.72
Total Other Income Expense Net	-0.48	-0.52	-0.89	-0.82	-0.59	-0.58	-0.83	-0.79	-0.78	-0.73	-0.26	-0.71		-0.72	-0.44	-0.75	-0.28	0.12	0.47	0.52	-0.36	0.62	0.91	-0.91	-0.87
Net Income	0.34	0.33	0.89	0.81	0.44	0.46	0.94	0.94	0.85	0.84	0.06	1.0	-0.72		0.77	0.98	-0.04	0.45	-0.23	-0.68	0.72	-0.71	-0.85	0.83	0.73
Income Tax Expense	0.24	0.22	0.63	0.57	0.26	0.32	0.72	0.73	0.64	0.65	-0.01	0.81	-0.44	0.77		0.76	0.12	0.69	-0.12	-0.52	0.99	-0.36	-0.53	0.47	0.41
Net Income From Continuing Ops	0.46	0.47	0.94	0.88	0.54	0.57	0.97	0.98	0.92	0.87	0.18	0.98	-0.75	0.98	0.76		0.02	0.47	-0.18	-0.66	0.71	-0.75	-0.85	0.83	0.75
Non Recurring	0.39	0.32	0.2	0.32	0.27	0.37	0.17	0.15	0.26	0.27	0.24	-0.03	-0.28	-0.04	0.12	0.02		-0.14	0.31	-0.11	0.08	0.12	-0.03	0.06	-0.03
Non Operating Income Net Other	0.11	0.07	0.23	0.23	0.02	0.13	0.33	0.4	0.35	0.36	-0.08	0.49	0.12	0.45	0.69	0.47	-0.14		0.3	-0.31	0.72	-0.16	-0.07	0.02	-0.07
Minority Interest	0.27	0.16	-0.21	0.0	0.07	0.18	-0.14	-0.12	0.01	-0.05	0.23	-0.23	0.47	-0.23	-0.12	-0.18	0.31	0.3		0.14	-0.14	0.1	0.42	-0.45	-0.41
Discontinued Operations	0.09	0.07	-0.6	-0.53	0.13	0.02	-0.69	-0.69	-0.58	-0.88	0.34	-0.68	0.52	-0.68	-0.52	-0.66	-0.11	-0.31	0.14		-0.49	0.29	0.7	-0.72	-0.41
Tax Provision	0.14	0.12	0.54	0.47	0.17	0.22	0.64	0.65	0.55	0.58	-0.09	0.77	-0.36	0.72	0.99	0.71	0.08	0.72	-0.14	-0.49		-0.26	-0.46	0.4	0.34
Interest Income	-0.6	-0.6	-0.79	-0.77	-0.71	-0.65	-0.74	-0.75	-0.77	-0.53	-0.49	-0.69	0.62	-0.71	-0.36	-0.75	0.12	-0.16	0.1	0.29	-0.26		0.69	-0.67	-0.77
Net Interest Income	-0.35	-0.4	-0.9	-0.82	-0.45	-0.45	-0.9	-0.87	-0.81	-0.83	-0.11	-0.83	0.91	-0.85	-0.53	-0.85	-0.03	-0.07	0.42	0.7	-0.46	0.69		-0.98	-0.93
Reconciled Depreciation	0.32	0.36	0.9	0.81	0.42	0.42	0.87	0.84	0.79	0.82	0.12	0.81	-0.91	0.83	0.47	0.83	0.06	0.02	-0.45	-0.72	0.4	-0.67	-0.98		0.89
Extraordinary Items	0.49	0.54	0.85	0.78	0.63	0.58	0.8	0.76	0.75	0.62	0.33	0.72	-0.87	0.73	0.41	0.75	-0.03	-0.07	-0.41	-0.41	0.34	-0.77	-0.93	0.89

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SBA Communications Account Relationship Matchups

SBA Communications income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	393.2M	392.7M	400.0M	399.9M	426.9M	229.5M
Total Revenue	2.0B	2.1B	2.3B	2.6B	2.7B	2.8B
Gross Profit	1.5B	1.6B	1.8B	2.0B	1.4B	788.1M
Operating Income	583.5M	451.1M	782.5M	925.4M	1.1B	1.2B
Ebit	583.5M	451.1M	782.5M	925.4M	1.1B	1.2B
Ebitda	1.3B	1.2B	1.5B	1.7B	1.8B	1.9B
Cost Of Revenue	493.0M	476.5M	545.5M	668.7M	1.3B	1.4B
Income Before Tax	186.9M	(17.7M)	252.6M	525.8M	548.5M	575.9M
Net Income	147.0M	24.1M	237.6M	461.4M	501.8M	526.9M
Income Tax Expense	39.6M	(41.8M)	14.9M	66.0M	51.1M	53.6M
Non Recurring	33.1M	40.1M	33.0M	43.2M	49.6M	41.8M
Minority Interest	293K	(57K)	(404K)	1.6M	5.1M	3.9M
Tax Provision	39.6M	(41.8M)	14.9M	66.0M	48.4M	50.9M
Interest Income	5.5M	3.0M	3.4M	10.1M	16.0M	15.2M
Net Interest Income	(410.2M)	(409.8M)	(416.1M)	(409.6M)	(447.5M)	(469.8M)

SBA Communications Investors Sentiment

The influence of SBA Communications' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SBA. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to SBA Communications' public news can be used to forecast risks associated with an investment in SBA. The trend in average sentiment can be used to explain how an investor holding SBA can time the market purely based on public headlines and social activities around SBA Communications Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

SBA Communications' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SBA Communications' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SBA Communications' news discussions. The higher the estimated score, the more favorable is the investor's outlook on SBA Communications.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SBA Communications in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SBA Communications' short interest history, or implied volatility extrapolated from SBA Communications options trading.

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When determining whether SBA Communications Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SBA Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sba Communications Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sba Communications Corp Stock:

How To Invest In SBA

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Is SBA Stock a good investment?

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What is SBA Communications' Net Worth?

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Check out SBA Communications Valuation and SBA Communications Correlation analysis.

Note that the SBA Communications Corp information on this page should be used as a complementary analysis to other SBA Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running SBA Communications' price analysis, check to measure SBA Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.

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Is SBA Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SBA Communications. If investors know SBA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SBA Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.063

Dividend Share

3.4

Earnings Share

4.6

Revenue Per Share

25.06

Quarterly Revenue Growth

(0.02)

The market value of SBA Communications Corp is measured differently than its book value, which is the value of SBA that is recorded on the company's balance sheet. Investors also form their own opinion of SBA Communications' value that differs from its market value or its book value, called intrinsic value, which is SBA Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SBA Communications' market value can be influenced by many factors that don't directly affect SBA Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between SBA Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBA Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBA Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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SBA Income Statement Research

SBA Communications income statement Correlations

SBA Communications Account Relationship Matchups

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SBA Communications income statement Accounts

SBA Communications Investors Sentiment

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COMMON DESTINATIONS

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COMPANY

Net Income	+ 1.0	Income Before Tax
Ebitda	+ 0.99	Total Revenue
Ebit	+ 0.99	Operating Income
Tax Provision	+ 0.99	Income Tax Expense
Other Operating Expenses	+ 0.98	Depreciation And Amortization
Net Income From Continuing Ops	+ 0.98	Ebit

Reconciled Depreciation	- 0.98	Net Interest Income
Extraordinary Items	- 0.93	Net Interest Income
Reconciled Depreciation	- 0.91	Total Other Income Expense Net
Net Interest Income	- 0.9	Operating Income
Net Interest Income	- 0.9	Selling General Administrative
Total Other Income Expense Net	- 0.89	Selling General Administrative