AvalonBay Communities, Inc. (AVB) vs SBA Communications Corporation (SBAC)
AVB and SBAC are evenly matched — 8 metrics each of 16.
A side-by-side comparison of AvalonBay Communities, Inc. and SBA Communications Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
AVB
AvalonBay Communities, Inc.
$187.03Real Estate
SBAC
SBA Communications Corporation
$204.79Real Estate
Total return — AVB vs SBAC
growth of $100 · last 27yAVB +424.0%SBAC +2206.2%SBAC compounded faster
AVB SBAC
AVB vs SBAC: by the numbers
- •AVB is the larger company ($26.53B vs $21.72B market cap).
- •SBAC trades at the lower earnings multiple (21.53 vs 23.26 P/E).
- •AVB converts more revenue to profit (37.27% vs 35.66% net margin).
- •AVB grew revenue faster over the past five years (6.36% vs 6.18% CAGR).
- •AVB pays the higher dividend yield (3.76% vs 2.30%).
Which is better, AVB or SBAC?
Metric tally: AVB 8 · SBAC 8It depends on what you're optimizing for:
ValueSBAC(lower P/E)
GrowthAVB(faster 5Y revenue CAGR)
IncomeAVB(higher dividend yield)
QualitySBAC(higher ROIC)
Valuation
| Metric | AVB | SBAC |
|---|---|---|
| P/E ratio | 23.26 | 21.53● |
| Forward P/E | 34.15 | 24.39● |
| P/S ratio | 8.60 | 7.61● |
| P/B ratio | 2.25 | — |
| PEG ratio | 4.98 | 0.48● |
| EV / EBITDA | 17.86 | 17.49● |
| FCF yield | 5.71%● | 4.69% |
Profitability
| Metric | AVB | SBAC |
|---|---|---|
| Gross margin | 67.92%● | 63.62% |
| Operating margin | 29.15% | 47.63%● |
| Net margin | 37.27%● | 35.66% |
| ROE | 9.75%● | -21.71% |
| ROIC | 4.28% | 10.05%● |
Dividends
| Metric | AVB | SBAC |
|---|---|---|
| Dividend yield | 3.76%● | 2.30% |
| Payout ratio | 95.00% | 48.02% |
Growth (annualized)
| Metric | AVB | SBAC |
|---|---|---|
| Revenue CAGR (5Y) | 6.36%● | 6.18% |
| EPS CAGR (5Y) | 4.67% | 113.83%● |
| FCF CAGR (5Y) | 6.75%● | -0.03% |
| Total return CAGR (5Y) | 0.64%● | -6.93% |
Frequently asked
- Which is better, AVB or SBAC?
- It depends on your goal. value: SBAC (lower P/E); growth: AVB (faster 5Y revenue CAGR); income: AVB (higher dividend yield); quality: SBAC (higher ROIC). Across all compared metrics, they are evenly matched.
- Is AVB or SBAC cheaper?
- On trailing earnings, SBAC is cheaper: AVB trades at a 23.26 P/E and SBAC at 21.53.
- Which has grown faster, AVB or SBAC?
- Over the past five years, AVB grew revenue faster — AVB at a 6.36% CAGR versus SBAC at 6.18%.
- Does AVB or SBAC pay a bigger dividend?
- AVB yields 3.76% and SBAC yields 2.30% based on trailing dividends and the latest price.
- Is AVB or SBAC more profitable?
- AVB runs the higher net margin — AVB at 37.27% versus SBAC at 35.66%.
- Which has been the better investment, AVB or SBAC?
- Over the past 10-year, SBAC delivered the higher annualized total return — AVB at 4.41% versus SBAC at 8.32%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AvalonBay Communities P/E ratioSBA Communications P/E ratioAvalonBay Communities dividend yieldSBA Communications dividend yieldAvalonBay Communities ROESBA Communications ROEAvalonBay Communities operating marginSBA Communications operating marginAvalonBay Communities revenue growthSBA Communications revenue growthAvalonBay Communities free cash flowSBA Communications free cash flow
AvalonBay Communities & SBA Communications appear in these rankings
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 13, 2026.