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SBA Communications SBAC Interest Costs Incurred Capitalized

Interest Costs Incurred Capitalized at other companies

Minerals Technologies logo
Minerals TechnologiesMTX
$275K+10.0%
Globalstar logo
GlobalstarGSAT
$12.23M+29.0%
SBA Communications logo
SBA CommunicationsSBAC
$175K-12.5%
Seacor Marine Holdings Inc. logo
Seacor Marine Holdings Inc.SMHI
$1.1M+37.5%
Ashland logo
AshlandASH
$0-100%
Century Communities logo
Century CommunitiesCCS
$19.21M+0.4%

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$18.93B-19.9%
Enterprise value$31.29B-12.7%
P/E19.1×-7.8×
P/S6.6×-2.1×

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:InterestCostsIncurredCapitalized.

The source filing: SBA Communications’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 12:59 PM EST
Fiscal year
FY2025
Accession
0001034054-26-000002

Property and equipment are recorded at cost or at estimated fair value (in the case of acquired properties), adjusted for asset impairment and estimated asset retirement obligations. Costs for self-constructed towers include direct materials and labor, indirect costs, and capitalized interest. Approximately $0.7 million, $0.8 million, and $0.9 million of interest cost was capitalized in 2025, 2024 and 2023, respectively.

ITEM 16. FORM 10-K SUMMARY

FAQ

What is SBA Communications's interest costs incurred capitalized?
SBA Communications (SBAC) reported interest costs incurred capitalized of $175K in Q4 2025.
How has SBA Communications's interest costs incurred capitalized changed year-over-year?
SBA Communications's interest costs incurred capitalized decreased by 12.5% year-over-year, from $200K to $175K.
What is the long-term trend for SBA Communications's interest costs incurred capitalized?
Over 4 years (2021 to 2025), SBA Communications's interest costs incurred capitalized has grown at a 8.8% compound annual growth rate (CAGR), from $500K to $700K.
What does interest costs incurred capitalized mean?
Refers to the portion of interest expense that is capitalized as part of the cost of constructing long-term assets rather than being expensed immediately. This reflects the company's investment in capital-intensive projects that are not yet operational.

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