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).

Total return — AVB vs SBAC

growth of $100 · last 27y
AVB +424.0%SBAC +2206.2%SBAC compounded faster
01k2k3k4kStart $10020042009201420192024$524$2,306
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 8

It depends on what you're optimizing for:

ValueSBAC(lower P/E)
GrowthAVB(faster 5Y revenue CAGR)
IncomeAVB(higher dividend yield)
QualitySBAC(higher ROIC)

Valuation

MetricAVBSBAC
P/E ratio23.2621.53
Forward P/E34.1524.39
P/S ratio8.607.61
P/B ratio2.25
PEG ratio4.980.48
EV / EBITDA17.8617.49
FCF yield5.71%4.69%

Profitability

MetricAVBSBAC
Gross margin67.92%63.62%
Operating margin29.15%47.63%
Net margin37.27%35.66%
ROE9.75%-21.71%
ROIC4.28%10.05%

Dividends

MetricAVBSBAC
Dividend yield3.76%2.30%
Payout ratio95.00%48.02%

Growth (annualized)

MetricAVBSBAC
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.

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.