SBA Communications Corporation SBAC
- Market cap
- $17.6B
- P/E
- 17.8×
Follow SBAC
SBA Communications Corporation (SBAC) Free cash flow
SBA Communications Corporation's free cash flow for fiscal 2025 was $1.4B, up 26.2% from $1.1B in fiscal 2024. Over the twelve months to 30 June 2026 it was $1.3B. Over the past ten years it has ranged from $514.3M (fiscal 2015) to $1.4B (fiscal 2025) — the current reading is the highest in ten years. SBA Communications Corporation ranks 4th of 18 Reit Specialty companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $1.4B | 26.21% |
| FY2024 | $1.1B | (15.58%) |
| FY2023 | $1.3B | 22.42% |
| FY2022 | $1.1B | 1.43% |
| FY2021 | $1.1B | 5.89% |
| FY2020 | $997.5M | 22.27% |
| FY2019 | $815.8M | 16.41% |
| FY2018 | $700.8M | 4.38% |
| FY2017 | $671.4M | 11.43% |
| FY2016 | $602.5M | 17.15% |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $347.6M | 66.44% |
| Mar 2026 | $208.9M | (60.69%) |
| Dec 2025 | $531.4M | 105.90% |
| Sep 2025 | $258.1M | (17.36%) |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| DLR Digital Realty Trust, Inc. compare | $3.7B |
| CCI Crown Castle Inc. compare | $2.4B |
| SBAC SBA Communications Corporation | $1.3B |
| LAMR Lamar Advertising Company compare | $739.1M |
| GLPI Gaming and Leisure Properties, Inc. compare | $627.7M |
| OUT OUTFRONT Media Inc. compare | $291.4M |
| WY Weyerhaeuser Company compare | −$141.0M |
| RYN Rayonier Inc. compare | −$468.3M |
| IRM Iron Mountain Incorporated compare | −$594.9M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on SBAC
- Revenue
- Net income
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow 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