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SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Improvements
SBA Communications SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Improvements remained flat by 0.0% to $14.52M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.2%, from $13.55M to $14.52M. Over 4 years (FY 2021 to FY 2025), SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Improvements shows an upward trend with a 15.2% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2025Feb 27, 2026
How to read this metric
Consistent investment is necessary to maintain asset quality; insufficient spending may lead to property obsolescence and declining rental income.
Detailed definition
Capital expenditures directed toward the renovation, enhancement, or structural improvement of existing real estate asse...
Peer comparison
Standard capital expenditure metric for real estate operators and REITs.
Metric ID:
other_real_estate_improvementsHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $32.95M | $60.25M | $82.92M | $54.18M | $58.09M |
| YoY Change | — | +82.8% | +37.6% | -34.7% | +7.2% |
Range$32.95M – $82.92M
CAGR+15.2%
Avg YoY Growth+23.3%
Median YoY Growth+22.4%
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Improvements at Other Companies
Frequently Asked Questions
- What is SBA Communications's sec schedule, 12-28, real estate companies, investment in real estate, improvements?
- SBA Communications (SBAC) reported sec schedule, 12-28, real estate companies, investment in real estate, improvements of $14.52M in Q4 2025.
- How has SBA Communications's sec schedule, 12-28, real estate companies, investment in real estate, improvements changed year-over-year?
- SBA Communications's sec schedule, 12-28, real estate companies, investment in real estate, improvements increased by 7.2% year-over-year, from $13.55M to $14.52M.
- What is the long-term trend for SBA Communications's sec schedule, 12-28, real estate companies, investment in real estate, improvements?
- Over 4 years (2021 to 2025), SBA Communications's sec schedule, 12-28, real estate companies, investment in real estate, improvements has grown at a 15.2% compound annual growth rate (CAGR), from $32.95M to $58.09M.
- What does sec schedule, 12-28, real estate companies, investment in real estate, improvements mean?
- Spending on upgrades and improvements to existing properties.