SBA Communications Shares Outstanding 2012-2025 | SBAC

SBA Communications shares outstanding history from 2012 to 2025. Shares outstanding can be defined as the number of shares held by shareholders (including insiders) assuming conversion of all convertible debt, securities, warrants and options. This metric excludes the company's treasury shares.

SBA Communications shares outstanding for the quarter ending September 30, 2025 were 0.108B, a 0.34% decline year-over-year.
SBA Communications 2024 shares outstanding were 0.108B, a 0.76% decline from 2023.
SBA Communications 2023 shares outstanding were 0.109B, a 0.44% decline from 2022.
SBA Communications 2022 shares outstanding were 0.109B, a 1.61% decline from 2021.

SBA Communications Annual Shares Outstanding (Millions of Shares)
2024	108
2023	109
2022	109
2021	111
2020	113
2019	115
2018	117
2017	121
2016	125
2015	128
2014	129
2013	128
2012	120
2011	112

SBA Communications Quarterly Shares Outstanding (Millions of Shares)
2025-09-30	108
2025-06-30	108
2025-03-31	108
2024-12-31	108
2024-09-30	108
2024-06-30	108
2024-03-31	109
2023-12-31	109
2023-09-30	109
2023-06-30	109
2023-03-31	109
2022-12-31	109
2022-09-30	109
2022-06-30	109
2022-03-31	110
2021-12-31	111
2021-09-30	112
2021-06-30	111
2021-03-31	109
2020-12-31	113
2020-09-30	114
2020-06-30	114
2020-03-31	112
2019-12-31	115
2019-09-30	115
2019-06-30	115
2019-03-31	114
2018-12-31	117
2018-09-30	116
2018-06-30	115
2018-03-31	118
2017-12-31	121
2017-09-30	121
2017-06-30	122
2017-03-31	122
2016-12-31	125
2016-09-30	125
2016-06-30	126
2016-03-31	126
2015-12-31	128
2015-09-30	127
2015-06-30	130
2015-03-31	129
2014-12-31	129
2014-09-30	129
2014-06-30	129
2014-03-31	138
2013-12-31	128
2013-09-30	137
2013-06-30	128
2013-03-31	127
2012-12-31	120
2012-09-30	122
2012-06-30	121
2012-03-31	111
2011-12-31	112
2011-09-30	110
2011-06-30	112
2011-03-31	114

Sector	Industry	Market Cap	Revenue
Finance	REIT - Other Equity Trusts	$20.456B	$2.680B
SBA Communications Corporationis a leading independent owner and operator of wireless communications infrastructure. It owns & operates towers in Central America, S.America, Canada & S. Africa. The company elected to qualify as a REIT for tax purposes. It generates revenues from two primary businesses, site leasing and site development services. The primary focus of the company is the leasing of antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts. Through Site Leasing business, the company leases antenna space and other structures on their multi-tenant towers to a variety of wireless service providers under long-term lease contracts. Site Development segment provides wireless service providers and operators assistance in developing their own networks through site acquisition, zoning, construction and equipment installation.

Stock Name	Country	Market Cap	PE Ratio
Welltower (WELL)	United States	$129.153B	38.02
Prologis (PLD)	United States	$123.307B	22.61
American Tower (AMT)	United States	$84.992B	17.37
Digital Realty Trust (DLR)	United States	$55.156B	22.12
Public Storage (PSA)	United States	$51.416B	17.32
Crown Castle (CCI)	United States	$39.372B	17.94
Ventas (VTR)	United States	$36.132B	22.62
Extra Space Storage Inc (EXR)	United States	$31.228B	18.03
VICI Properties (VICI)	United States	$30.376B	12.09
Brookfield Infrastructure Partners LP (BIP)	Bermuda	$16.062B	10.62
W.P Carey (WPC)	United States	$15.103B	14.04
Lamar Advertising (LAMR)	United States	$13.449B	16.14
SEGRO (SEGXF)	United Kingdom	$13.326B	0.00
Omega Healthcare Investors (OHI)	United States	$13.145B	14.58
Gaming And Leisure Properties (GLPI)	United States	$12.741B	11.72
Host Hotels & Resorts (HST)	United States	$12.702B	9.19
Healthpeak Properties (DOC)	United States	$12.196B	9.54
BXP (BXP)	United States	$10.635B	9.75
EastGroup Properties (EGP)	United States	$9.947B	21.31
Alexandria Real Estate Equities (ARE)	United States	$9.896B	6.20
Rexford Industrial Realty (REXR)	United States	$9.552B	17.17
CubeSmart (CUBE)	United States	$8.925B	14.94
American Healthcare REIT (AHR)	United States	$8.488B	29.26
CareTrust REIT (CTRE)	United States	$8.367B	22.04
Lineage (LINE)	United States	$8.323B	10.88
NNN REIT (NNN)	United States	$8.017B	12.41
First Industrial Realty Trust (FR)	United States	$7.854B	20.38
Stag Industrial (STAG)	United States	$6.992B	14.98
Vornado Realty Trust (VNO)	United States	$6.461B	14.19
Terreno Realty (TRNO)	United States	$6.338B	24.04
Healthcare Realty Trust (HR)	United States	$6.027B	10.65
Ryman Hospitality Properties (RHP)	United States	$5.966B	11.53
Sabra Healthcare REIT (SBRA)	United States	$4.750B	12.78
Kilroy Realty (KRC)	United States	$4.522B	8.61
Cousins Properties (CUZ)	United States	$4.510B	9.52
OUTFRONT Media (OUT)	United States	$4.087B	12.82
National Health Investors (NHI)	United States	$3.832B	16.69
Americold Realty Trust (COLD)	United States	$3.823B	9.45
SL Green Realty (SLG)	United States	$3.468B	8.02
COPT Defense Properties (CDP)	United States	$3.418B	11.31
Medical Properties Trust (MPW)	United States	$3.104B	8.75
Keppel REIT (KREVF)	Singapore	$3.036B	0.00
Highwoods Properties (HIW)	United States	$2.989B	7.93
Apple Hospitality REIT (APLE)	United States	$2.941B	8.12
Derwent Valley Holdings Plc (DWVYF)	United Kingdom	$2.726B	0.00
Four Corners Property Trust (FCPT)	United States	$2.643B	14.07
National Storage Affiliates Trust (NSA)	United States	$2.581B	14.84
Park Hotels & Resorts (PK)	United States	$2.297B	6.24
InvenTrust Properties (IVT)	United States	$2.225B	15.93
CoreCivic (CXW)	United States	$2.082B	10.42
Global Net Lease (GNL)	United States	$2.028B	8.33
DiamondRock Hospitality (DRH)	United States	$1.894B	8.69
Smartstop Self Storage REIT Inc (SMA)	United States	$1.875B	0.00
Douglas Emmett (DEI)	United States	$1.837B	7.36
Sunstone Hotel Investors (SHO)	United States	$1.741B	11.18
Getty Realty (GTY)	United States	$1.741B	12.56
LTC Properties (LTC)	United States	$1.731B	13.27
NETSTREIT (NTST)	United States	$1.522B	14.01
Alexander & Baldwin Holdings (ALEX)	United States	$1.516B	14.57
Paramount (PGRE)	United States	$1.465B	9.85
Innovative Industrial Properties (IIPR)	United States	$1.424B	6.70
Xenia Hotels & Resorts (XHR)	United States	$1.410B	8.75
Pebblebrook Hotel Trust (PEB)	United States	$1.378B	7.98
Diversified Healthcare Trust (DHC)	United States	$1.332B	27.50
Sila Realty Trust (SILA)	United States	$1.329B	11.11
Alexander's (ALX)	United States	$1.201B	16.90
RLJ Lodging Trust (RLJ)	United States	$1.156B	5.50
Piedmont Realty Trust (PDM)	United States	$1.090B	6.08
Empire State Realty Trust (ESRT)	United States	$1.089B	7.27
Easterly Government Properties (DEA)	United States	$1.055B	7.74
JBG SMITH Properties (JBGS)	United States	$1.023B	30.32
Plymouth Industrial REIT (PLYM)	United States	$0.974B	11.90
Whitestone REIT (WSR)	United States	$0.719B	13.43
CTO Realty Growth (CTO)	United States	$0.590B	9.35
Gladstone Commercial (GOOD)	United States	$0.561B	8.34
Universal Health Realty Income Trust (UHT)	United States	$0.556B	11.64
Brandywine Realty Trust (BDN)	United States	$0.533B	4.95
Hudson Pacific Properties (HPP)	United States	$0.532B	5.01
Peakstone Realty Trust (PKST)	United States	$0.515B	5.95
Summit Hotel Properties (INN)	United States	$0.514B	5.49
Community Healthcare Trust (CHCT)	United States	$0.486B	7.90
Global Medical REIT (GMRE)	United States	$0.484B	8.07
One Liberty Properties (OLP)	United States	$0.463B	11.07
Farmland Partners (FPI)	United States	$0.456B	31.12
Postal Realty Trust (PSTL)	United States	$0.452B	13.05
Industrial Logistics Properties Trust (ILPT)	United States	$0.402B	7.54
Claros Mortgage Trust (CMTG)	United States	$0.400B	0.00
Gladstone Land (LAND)	United States	$0.372B	107.42
Service Properties Trust (SVC)	United States	$0.361B	2.72
FrontView REIT (FVR)	United States	$0.355B	13.55
Chatham Lodging Trust (REIT) (CLDT)	United States	$0.340B	6.86
Net Lease Office Properties (NLOP)	United States	$0.289B	4.56
City Office REIT (CIO)	Canada	$0.282B	6.19
Alpine Income Property Trust (PINE)	United States	$0.246B	9.76
BRAEMAR HOTELS & RESORTS INC (BHR)	United States	$0.208B	12.71
Seritage Growth Properties (SRG)	United States	$0.200B	0.00
Orion Office REIT (ONL)	United States	$0.120B	2.80
Clipper Realty (CLPR)	United States	$0.060B	5.25
Global Self Storage (SELF)	United States	$0.057B	12.37
Sotherly Hotels (SOHO)	United States	$0.044B	6.00
Ashford Hospitality Trust Inc (AHT)	United States	$0.029B	0.00
Medalist Diversified REIT (MDRR)	United States	$0.014B	0.00
Mackenzie Realty Capital (MKZR)	United States	$0.008B	0.00
Creative Media & Community Trust (CMCT)	United States	$0.003B	0.00
Granite Real Estate (GRP.U)	Canada	$0.000B	0.00