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SBA Communications SBAC DEFERRED RENT ASSET

DEFERRED RENT ASSET at other companies

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Crown CastleCCI
$2.26B-0.8%
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American TowerAMT
$3.77B-0.2%

Other financials

Income statement

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Revenue$715.3M+2.3%
Gross profit$673.3M+4.3%
Operating income$351.9M+5.1%
Net income$198.8M-12.0%
EPS (diluted)$1.87-10.5%

Balance sheet

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Cash & equivalents$360.8M+20.0%
Total debt$12.7B+1.7%
Total equity-$4.6B+6.3%
Total assets$11.7B+9.1%

Cash flow

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Operating cash flow$407.2M+10.6%
CapEx$62.4M-90.4%
Free cash flow$344.8M+10.4%

Valuation

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Market cap$19.21B-18.4%
Enterprise value$31.58B-11.6%
P/E19.4×-7.4×
P/S6.7×-1.9×

Profitability

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Gross margin93.4%-0.7pp
Operating margin47.6%-4.8pp
Net margin34.5%+2.3pp
FCF margin36.6%-2.4pp

Returns & leverage

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Return on equity-11.1%
Debt / equity-2.7×
Current ratio0.2×-0.2×

Where this comes from

Reported directly by SBA Communications in its filing.

Tagged under the XBRL concept us-gaap:DeferredRentReceivablesNetNoncurrent.

The source filing: SBA Communications’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001034054-26-000011
Line itemAs of / June 30, 2026As of / December 31, 2025
Straight-line rent receivable$436,784$424,627
Interest rate swap asset (2)18,9866,445
Loans receivable10,1783,661
Deferred lease costs, net10,1399,967
Deferred tax asset - long-term33,66135,716
Long-term investments22,82721,053
Other120,307150,524
Total other assets$652,882$651,993

ITEM 1: FINANCIAL STATEMENTS

FAQ

What is SBA Communications's DEFERRED RENT ASSET?
SBA Communications (SBAC) reported DEFERRED RENT ASSET of $436.78M in Q2 2026.
How has SBA Communications's DEFERRED RENT ASSET changed year-over-year?
SBA Communications's DEFERRED RENT ASSET increased by 3.5% year-over-year, from $421.86M to $436.78M.
What is the long-term trend for SBA Communications's DEFERRED RENT ASSET?
Over 5 years (2020 to 2025), SBA Communications's DEFERRED RENT ASSET has grown at a 5.7% compound annual growth rate (CAGR), from $321.82M to $424.63M.
What does DEFERRED RENT ASSET mean?
Represents the cumulative difference between straight-line rental income recognized in the financial statements and the actual cash rent received under lease agreements. This asset arises when lease contracts include scheduled rent escalations.

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