Federal Realty Investment Trust (FRT) vs SBA Communications Corporation (SBAC)
FRT leads on 7 of 13 compared metrics.
A side-by-side comparison of Federal Realty Investment Trust 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).
FRT
Federal Realty Investment Trust
$125.84Real Estate
SBAC
SBA Communications Corporation
$204.79Real Estate
Total return — FRT vs SBAC
growth of $100 · last 27yFRT +432.5%SBAC +2206.2%SBAC compounded faster
FRT SBAC
FRT vs SBAC: by the numbers
- •SBAC is the larger company ($21.72B vs $10.87B market cap).
- •SBAC trades at the lower earnings multiple (21.53 vs 21.66 P/E).
- •FRT converts more revenue to profit (38.61% vs 35.66% net margin).
- •FRT grew revenue faster over the past five years (9.79% vs 6.18% CAGR).
- •FRT pays the higher dividend yield (3.57% vs 2.30%).
Which is better, FRT or SBAC?
Metric tally: FRT 7 · SBAC 6It depends on what you're optimizing for:
GrowthFRT(faster 5Y revenue CAGR)
IncomeFRT(higher dividend yield)
QualityFRT(higher ROIC)
Valuation
| Metric | FRT | SBAC |
|---|---|---|
| P/E ratio | 21.66 | 21.53 |
| Forward P/E | 40.88 | 24.39● |
| P/S ratio | 8.32 | 7.61● |
| P/B ratio | 3.29 | — |
| PEG ratio | 0.53 | 0.48● |
| EV / EBITDA | 14.46● | 17.49 |
Profitability
| Metric | FRT | SBAC |
|---|---|---|
| Gross margin | 53.60% | 63.62%● |
| Operating margin | 41.58% | 47.63%● |
| Net margin | 38.61%● | 35.66% |
| ROE | 15.29%● | -21.71% |
| ROIC | 480.25%● | 10.05% |
Dividends
| Metric | FRT | SBAC |
|---|---|---|
| Dividend yield | 3.57%● | 2.30% |
| Payout ratio | 93.74% | 48.02% |
Growth (annualized)
| Metric | FRT | SBAC |
|---|---|---|
| Revenue CAGR (5Y) | 9.79%● | 6.18% |
| EPS CAGR (5Y) | 24.22% | 113.83%● |
| Total return CAGR (5Y) | 4.67%● | -6.93% |
Frequently asked
- Which is better, FRT or SBAC?
- It depends on your goal. growth: FRT (faster 5Y revenue CAGR); income: FRT (higher dividend yield); quality: FRT (higher ROIC). Across all compared metrics, FRT leads 7 to 6.
- Is FRT or SBAC cheaper?
- On trailing earnings, SBAC is cheaper: FRT trades at a 21.66 P/E and SBAC at 21.53.
- Which has grown faster, FRT or SBAC?
- Over the past five years, FRT grew revenue faster — FRT at a 9.79% CAGR versus SBAC at 6.18%.
- Does FRT or SBAC pay a bigger dividend?
- FRT yields 3.57% and SBAC yields 2.30% based on trailing dividends and the latest price.
- Is FRT or SBAC more profitable?
- FRT runs the higher net margin — FRT at 38.61% versus SBAC at 35.66%.
- Which has been the better investment, FRT or SBAC?
- Over the past 10-year, SBAC delivered the higher annualized total return — FRT at 1.63% versus SBAC at 8.32%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Federal Realty Investment P/E ratioSBA Communications P/E ratioFederal Realty Investment dividend yieldSBA Communications dividend yieldFederal Realty Investment ROESBA Communications ROEFederal Realty Investment operating marginSBA Communications operating marginFederal Realty Investment revenue growthSBA Communications revenue growthFederal Realty Investment free cash flowSBA Communications free cash flow
Federal Realty Investment & 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 14, 2026.