Discontinued — last reported Q4 '25

Other

Finance Lease Cost

SBA Communications Finance Lease Cost remained flat by 0.0% to $9.56M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.8%, from $9.74M to $9.56M. Over 4 years (FY 2021 to FY 2025), Finance Lease Cost shows an upward trend with a 29.5% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ4 2025Feb 27, 2026

How to read this metric

An increasing trend suggests a shift toward leasing rather than purchasing assets, impacting the company's overall leverage profile.

Detailed definition

This is the total cost associated with finance leases, typically comprising both the amortization of the right-of-use as...

Peer comparison

Used by infrastructure and retail firms to compare the cost of leased versus owned property portfolios.

Metric ID: other_finance_lease_cost_a5740a

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$13.60M$24.90M$42.52M$38.95M$38.25M
YoY Change+83.1%+70.7%-8.4%-1.8%
Range$13.60M$42.52M
CAGR+29.5%
Avg YoY Growth+35.9%
Median YoY Growth+34.5%
Current Streak2 years decline

Frequently Asked Questions

What is SBA Communications's finance lease cost?
SBA Communications (SBAC) reported finance lease cost of $9.56M in Q4 2025.
How has SBA Communications's finance lease cost changed year-over-year?
SBA Communications's finance lease cost decreased by 1.8% year-over-year, from $9.74M to $9.56M.
What is the long-term trend for SBA Communications's finance lease cost?
Over 4 years (2021 to 2025), SBA Communications's finance lease cost has grown at a 29.5% compound annual growth rate (CAGR), from $13.60M to $38.25M.
What does finance lease cost mean?
The total expense incurred from leasing assets under finance lease agreements.