Non-Current Assets

Operating Lease ROU Assets

SBA Communications Operating Lease ROU Assets increased by 5.5% to $2.68B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.5%, from $2.34B to $2.68B. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows relatively stable performance with a 1.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

Increases reflect expansion of leased operational footprint or equipment, while decreases indicate lease expirations or asset depreciation.

Detailed definition

This asset represents the company's right to use a leased item, such as real estate or equipment, over the lease term. I...

Peer comparison

Standard across all companies reporting under modern lease accounting standards; reflects operational scale.

Metric ID: non_current_assets_operating_lease_right_of_use_asset

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.35B$2.30B$2.27B$2.36B$2.36B$2.33B$2.38B$2.38B$2.36B$2.32B$2.24B$2.19B$2.13B$2.32B$2.29B$2.34B$2.42B$2.44B$2.54B$2.68B
QoQ Change-2.4%-1.3%+4.1%-0.3%-1.3%+2.4%-0.2%-0.6%-2.0%-3.2%-2.5%-2.6%+9.1%-1.3%+2.1%+3.4%+0.7%+4.3%+5.5%
YoY Change+0.1%+1.2%+5.0%+0.6%+0.3%-0.4%-5.9%-8.0%-9.9%+0.3%+2.3%+7.1%+13.6%+4.8%+10.8%+14.5%
Range$2.13B$2.68B
CAGR+2.8%
Avg YoY Growth+2.3%
Median YoY Growth+0.9%
Current Streak5 quarters growth

Frequently Asked Questions

What is SBA Communications's operating lease rou assets?
SBA Communications (SBAC) reported operating lease rou assets of $2.68B in Q1 2026.
How has SBA Communications's operating lease rou assets changed year-over-year?
SBA Communications's operating lease rou assets increased by 14.5% year-over-year, from $2.34B to $2.68B.
What is the long-term trend for SBA Communications's operating lease rou assets?
Over 5 years (2020 to 2025), SBA Communications's operating lease rou assets has grown at a 1.4% compound annual growth rate (CAGR), from $2.37B to $2.54B.
What does operating lease rou assets mean?
The recorded value of the right to use leased property or equipment over the life of the lease.