Is ADC or SBAC cheaper?

On trailing earnings, SBAC is cheaper: ADC trades at a 40.77 P/E and SBAC at 21.53.

Which has grown faster, ADC or SBAC?

Over the past five years, ADC grew revenue faster — ADC at a 22.62% CAGR versus SBAC at 6.18%.

Does ADC or SBAC pay a bigger dividend?

ADC yields 4.13% and SBAC yields 2.30% based on trailing dividends and the latest price.

Is ADC or SBAC more profitable?

SBAC runs the higher net margin — ADC at 29.28% versus SBAC at 35.66%.

Which has been the better investment, ADC or SBAC?

Over the past 10-year, ADC delivered the higher annualized total return — ADC at 9.97% versus SBAC at 8.32%. Past performance doesn't predict future results.

Agree Realty Corporation (ADC) vs SBA Communications Corporation (SBAC)

SBAC leads on 8 of 13 compared metrics.

A side-by-side comparison of Agree Realty Corporation and SBA Communications Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ADC

Agree Realty Corporation

$9.11B

$75.83Real Estate

SBAC

SBA Communications Corporation

$21.72B

$204.79Real Estate

Total return — ADC vs SBAC

growth of $100 · last 27y

ADC +324.1%SBAC +2206.2%SBAC compounded faster

Log scale — wide-divergence pair

ADC SBAC

ADC vs SBAC: by the numbers

•SBAC is the larger company ($21.72B vs $9.11B market cap).
•SBAC trades at the lower earnings multiple (21.53 vs 40.77 P/E).
•SBAC converts more revenue to profit (35.66% vs 29.28% net margin).
•ADC grew revenue faster over the past five years (22.62% vs 6.18% CAGR).
•ADC pays the higher dividend yield (4.13% vs 2.30%).

Which is better, ADC or SBAC?

Metric tally: ADC 5 · SBAC 8

It depends on what you're optimizing for:

ValueSBAC(lower P/E)

GrowthADC(faster 5Y revenue CAGR)

IncomeADC(higher dividend yield)

QualitySBAC(higher ROIC)

Valuation

Metric	ADC	SBAC
P/E ratio	40.77	21.53●
Forward P/E	36.71	24.39●
P/S ratio	12.17	7.61●
P/B ratio	1.46	—
PEG ratio	370.63	0.48●
EV / EBITDA	20.21	17.49●

Profitability

Metric	ADC	SBAC
Gross margin	87.64%●	63.62%
Operating margin	48.03%	47.63%
Net margin	29.28%	35.66%●
ROE	3.52%●	-21.71%
ROIC	3.51%	10.05%●

Dividends

Metric	ADC	SBAC
Dividend yield	4.13%●	2.30%
Payout ratio	176.84%	48.02%

Growth (annualized)

Metric	ADC	SBAC
Revenue CAGR (5Y)	22.62%●	6.18%
EPS CAGR (5Y)	0.11%	113.83%●
Total return CAGR (5Y)	5.56%●	-6.93%

Frequently asked

Which is better, ADC or SBAC?: It depends on your goal. value: SBAC (lower P/E); growth: ADC (faster 5Y revenue CAGR); income: ADC (higher dividend yield); quality: SBAC (higher ROIC). Across all compared metrics, SBAC leads 8 to 5.
Is ADC or SBAC cheaper?: On trailing earnings, SBAC is cheaper: ADC trades at a 40.77 P/E and SBAC at 21.53.
Which has grown faster, ADC or SBAC?: Over the past five years, ADC grew revenue faster — ADC at a 22.62% CAGR versus SBAC at 6.18%.
Does ADC or SBAC pay a bigger dividend?: ADC yields 4.13% and SBAC yields 2.30% based on trailing dividends and the latest price.
Is ADC or SBAC more profitable?: SBAC runs the higher net margin — ADC at 29.28% versus SBAC at 35.66%.
Which has been the better investment, ADC or SBAC?: Over the past 10-year, ADC delivered the higher annualized total return — ADC at 9.97% versus SBAC at 8.32%. Past performance doesn't predict future results.

Go deeper

Full ADC analysis Full SBAC analysis Interactive comparison tool

Dig into the metrics

Agree Realty P/E ratio SBA Communications P/E ratio Agree Realty dividend yield SBA Communications dividend yield Agree Realty ROE SBA Communications ROE Agree Realty operating margin SBA Communications operating margin Agree Realty revenue growth SBA Communications revenue growth Agree Realty free cash flow SBA Communications free cash flow

Agree Realty & SBA Communications appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.