SBA Communications Corporation

NasdaqGS:SBAC Stock Report

Market Cap: US$20.7b

SBA Communications Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Brendan Cavanagh

Chief executive officer

US$8.8m

Total compensation

CEO salary percentage10.43%
CEO tenure2yrs
CEO ownership0.06%
Management average tenure6.5yrs
Board average tenure13.5yrs

Recent management updates

Recent updates

SBA Communications: A Reasonably Priced Bet On Wireless

Dec 12

SBA Communications: Headwinds Persist, But Growth Potential Remains (Rating Downgrade)

Mar 20

SBA Communications: Mission-Critical Assets At A Hefty Discount

Jan 13

SBA Communications Corporation: A Capital Structure Supporting Dividend Growth (Earnings Preview)

Oct 22

SBA Communications: Headwinds Persist, Macro Improves

Aug 06

SBA Communications: Too Expensive For What It Delivers

Jul 08

SBA Communications: A Solid Prospect In The Telecommunications Space

Apr 28

SBA Communications Q4: A Dividend Growth Machine For Your Income Portfolio

Apr 15

CEO Compensation Analysis

How has Brendan Cavanagh's remuneration changed compared to SBA Communications's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$857m

Jun 30 2025n/an/a

US$879m

Mar 31 2025n/an/a

US$816m

Dec 31 2024US$9mUS$920k

US$750m

Sep 30 2024n/an/a

US$685m

Jun 30 2024n/an/a

US$514m

Mar 31 2024n/an/a

US$555m

Dec 31 2023US$5mUS$725k

US$502m

Sep 30 2023n/an/a

US$496m

Jun 30 2023n/an/a

US$508m

Mar 31 2023n/an/a

US$374m

Dec 31 2022US$6mUS$680k

US$461m

Sep 30 2022n/an/a

US$407m

Jun 30 2022n/an/a

US$355m

Mar 31 2022n/an/a

US$438m

Dec 31 2021US$4mUS$654k

US$238m

Sep 30 2021n/an/a

US$295m

Jun 30 2021n/an/a

US$269m

Mar 31 2021n/an/a

US$139m

Dec 31 2020US$5mUS$615k

US$24m

Sep 30 2020n/an/a

-US$14m

Jun 30 2020n/an/a

-US$15m

Mar 31 2020n/an/a

-US$6m

Dec 31 2019US$4mUS$600k

US$147m

Compensation vs Market: Brendan's total compensation ($USD8.82M) is below average for companies of similar size in the US market ($USD13.27M).

Compensation vs Earnings: Brendan's compensation has increased by more than 20% in the past year.


CEO

Brendan Cavanagh (53 yo)

2yrs
Tenure
US$8,817,502
Compensation

Mr. Brendan Thomas Cavanagh, CPA, has been Director of Consolidated Edison, Inc. since October 1, 2025. He serves as CEO, President and Director at SBA Communications Corporation since January 1, 2024. He...


Leadership Team

NamePositionTenureCompensationOwnership
Brendan Cavanagh
CEO, President & Director2yrsUS$8.82m0.065%
$ 13.4m
Steven Bernstein
Founder & Independent Director37yrsUS$271.04k0.059%
$ 12.1m
Marc Montagner
Executive VP & CFO2yrsUS$3.98m0.0031%
$ 645.3k
Mark Ciarfella
Executive Vice President of Operations12yrsUS$3.12m0.035%
$ 7.3m
Joshua Koenig
Executive Vice President3yrsUS$2.98m0.0052%
$ 1.1m
Richard Cane
Executive VP & President – International6.2yrsUS$3.05m0.0060%
$ 1.2m
Saul Kredi
VP & Chief Accounting Officer1yrno data0.0055%
$ 1.1m
Elvis Clemetson
Senior VP & Chief Information Officer3.8yrsno datano data
Michelle Eisner
Senior VP & Chief Human Resources Officer7.3yrsno datano data
Neil Seidman
Senior Vice President of Mergers and Acquisitions17yrsno datano data
Lawrence Harris
Senior Vice President of U.S. Business Development6.9yrsno datano data
Donald Day
Executive Vice President of Site Leasing7.7yrsno data0.0065%
$ 1.4m
6.5yrs
Average Tenure
57yo
Average Age

Experienced Management: SBAC's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Brendan Cavanagh
CEO, President & Director2yrsUS$8.82m0.065%
$ 13.4m
Steven Bernstein
Founder & Independent Director37yrsUS$271.04k0.059%
$ 12.1m
Jeffrey Stoops
Non-Executive Chairman26.4yrsUS$421.04k0.36%
$ 73.8m
Kevin Beebe
Independent Director16.3yrsUS$271.04k0.015%
$ 3.1m
Jack Langer
Lead Independent Director21.7yrsUS$331.04k0.018%
$ 3.6m
Mary Shio Chan
Independent Director10.7yrsUS$271.04k0.0053%
$ 1.1m
Laurie Bowen
Independent Director2.7yrsUS$271.04k0.00047%
$ 97.2k
George Krouse
Independent Director16.3yrsUS$301.04k0.0077%
$ 1.6m
Amy Wilson
Independent Director2.7yrsUS$271.04k0.00075%
$ 155.1k
Jay Johnson
Independent Director3.8yrsUS$301.04k0.0010%
$ 215.1k
13.5yrs
Average Tenure
64yo
Average Age

Experienced Board: SBAC's board of directors are seasoned and experienced ( 13.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/18 02:51
End of Day Share Price 2026/01/16 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SBA Communications Corporation is covered by 48 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amir RozwadowskiBarclays
Brendan LynchBarclays
Clayton MoranBenchmark Company