SBA Communications Corporation SBAC
- Market cap
- $17.6B
- P/E
- 17.8×
Follow SBAC
SBA Communications Corporation (SBAC) Free cash flow margin
SBA Communications Corporation's free cash flow margin over the twelve months to 30 June 2026 was 46.9%, down 2.7 percentage points from fiscal 2025 (49.6%). Over the past ten years it has ranged from 31.4% (fiscal 2015) to 49.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Reit Specialty industry median of 31.1% and above the Real Estate sector median of 9.94%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 49.6% | 8.32 |
| FY2024 | 41.3% | (7.05) |
| FY2023 | 48.4% | 7.68 |
| FY2022 | 40.7% | (5.07) |
| FY2021 | 45.8% | (2.13) |
| FY2020 | 47.9% | 7.39 |
| FY2019 | 40.5% | 2.93 |
| FY2018 | 37.6% | (1.30) |
| FY2017 | 38.9% | 1.96 |
| FY2016 | 36.9% | 5.51 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| CCI Crown Castle Inc. compare | 57.8% |
| DLR Digital Realty Trust, Inc. compare | 54.4% |
| SBAC SBA Communications Corporation | 46.9% |
| GLPI Gaming and Leisure Properties, Inc. compare | 37.9% |
| LAMR Lamar Advertising Company compare | 31.8% |
| OUT OUTFRONT Media Inc. compare | 15.1% |
| WY Weyerhaeuser Company compare | −2.06% |
| IRM Iron Mountain Incorporated compare | −7.87% |
| RYN Rayonier Inc. compare | −48.4% |
| Reit Specialty industry median | 31.1% |
| Real Estate sector median | 9.94% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on SBAC
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement