SBA Communications Return On Tangible Equity 2010-2024 | SBAC
- SBA Communications average return on tangible equity for 2023 was -5.95, a 16.21% increase from 2022.
- SBA Communications average return on tangible equity for 2022 was -5.12, a 71.81% increase from 2021.
- SBA Communications average return on tangible equity for 2021 was -2.98, a 7550% increase from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.