Regency Centers Corporation (REG) vs SBA Communications Corporation (SBAC)
SBAC leads on 8 of 14 compared metrics.
A side-by-side comparison of Regency Centers 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).
REG
Regency Centers Corporation
$80.28Real Estate
SBAC
SBA Communications Corporation
$204.79Real Estate
Not enough overlapping price history to compare REG and SBAC.
REG vs SBAC: by the numbers
- •SBAC is the larger company ($21.72B vs $14.70B market cap).
- •SBAC trades at the lower earnings multiple (21.53 vs 23.07 P/E).
- •REG converts more revenue to profit (38.12% vs 35.66% net margin).
- •REG grew revenue faster over the past five years (10.37% vs 6.18% CAGR).
- •REG pays the higher dividend yield (3.70% vs 2.30%).
Which is better, REG or SBAC?
Metric tally: REG 6 · SBAC 8It depends on what you're optimizing for:
ValueSBAC(lower P/E)
GrowthREG(faster 5Y revenue CAGR)
IncomeREG(higher dividend yield)
QualitySBAC(higher ROIC)
Valuation
| Metric | REG | SBAC |
|---|---|---|
| P/E ratio | 23.07 | 21.53● |
| Forward P/E | 31.52 | 24.39● |
| P/S ratio | 8.65 | 7.61● |
| P/B ratio | 2.14 | — |
| PEG ratio | 0.78 | 0.48● |
| EV / EBITDA | 17.37 | 17.49 |
| FCF yield | 3.98% | 4.69%● |
Profitability
| Metric | REG | SBAC |
|---|---|---|
| Gross margin | 47.88% | 63.62%● |
| Operating margin | 47.19% | 47.63% |
| Net margin | 38.12%● | 35.66% |
| ROE | 9.41%● | -21.71% |
| ROIC | 4.43% | 10.05%● |
Dividends
| Metric | REG | SBAC |
|---|---|---|
| Dividend yield | 3.70%● | 2.30% |
| Payout ratio | 106.45% | 48.02% |
Growth (annualized)
| Metric | REG | SBAC |
|---|---|---|
| Revenue CAGR (5Y) | 10.37%● | 6.18% |
| EPS CAGR (5Y) | 59.54% | 113.83%● |
| FCF CAGR (5Y) | 2.73%● | -0.03% |
| Total return CAGR (5Y) | 7.72%● | -6.93% |
Frequently asked
- Which is better, REG or SBAC?
- It depends on your goal. value: SBAC (lower P/E); growth: REG (faster 5Y revenue CAGR); income: REG (higher dividend yield); quality: SBAC (higher ROIC). Across all compared metrics, SBAC leads 8 to 6.
- Is REG or SBAC cheaper?
- On trailing earnings, SBAC is cheaper: REG trades at a 23.07 P/E and SBAC at 21.53.
- Which has grown faster, REG or SBAC?
- Over the past five years, REG grew revenue faster — REG at a 10.37% CAGR versus SBAC at 6.18%.
- Does REG or SBAC pay a bigger dividend?
- REG yields 3.70% and SBAC yields 2.30% based on trailing dividends and the latest price.
- Is REG or SBAC more profitable?
- REG runs the higher net margin — REG at 38.12% versus SBAC at 35.66%.
- Which has been the better investment, REG or SBAC?
- Over the past 10-year, SBAC delivered the higher annualized total return — REG at 4.04% versus SBAC at 8.32%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Regency Centers P/E ratioSBA Communications P/E ratioRegency Centers dividend yieldSBA Communications dividend yieldRegency Centers ROESBA Communications ROERegency Centers operating marginSBA Communications operating marginRegency Centers revenue growthSBA Communications revenue growthRegency Centers free cash flowSBA Communications free cash flow
Regency Centers & 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.