SBA Communications Corporation
SBAC Real Estate Reit Specialty
SBA Communications Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 5.06% from fiscal 2024. In the quarter to June 2026, revenue grew 2.33%, EPS fell 11.0%, free cash flow grew 11.3% and total debt rose 1.74%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.
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SBA Communications Corporation (SBAC) Operating cash flow
SBA Communications Corporation's operating cash flow for fiscal 2025 was $1.3B, unchanged from fiscal 2024. Over the twelve months to 30 June 2026 it was $1.3B. Over the past ten years it has ranged from $723.0M (fiscal 2015) to $1.5B (fiscal 2023); the current reading is higher than 82% of that period. SBA Communications Corporation ranks 6th of 18 Reit Specialty companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $1.3B | (3.26%) |
| FY2024 | $1.3B | (13.57%) |
| FY2023 | $1.5B | 20.12% |
| FY2022 | $1.3B | 8.05% |
| FY2021 | $1.2B | 5.67% |
| FY2020 | $1.1B | 16.08% |
| FY2019 | $970.0M | 14.04% |
| FY2018 | $850.6M | 3.93% |
| FY2017 | $818.5M | 10.23% |
| FY2016 | $742.5M | 2.70% |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jun 2026 | $407.2M | 59.62% |
| Mar 2026 | $255.1M | (16.10%) |
| Dec 2025 | $304.0M | (4.40%) |
| Sep 2025 | $318.0M | (13.60%) |
| 42 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| DLR Digital Realty Trust, Inc. compare | $3.0B |
| CCI Crown Castle Inc. compare | $2.6B |
| IRM Iron Mountain Incorporated compare | $1.7B |
| SBAC SBA Communications Corporation | $1.3B |
| GLPI Gaming and Leisure Properties, Inc. compare | $1.2B |
| LAMR Lamar Advertising Company compare | $906.6M |
| WY Weyerhaeuser Company compare | $547.0M |
| OUT OUTFRONT Media Inc. compare | $390.6M |
| RYN Rayonier Inc. compare | $313.1M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free 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
- EV/FCF
- 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
- Piotroski F-score
- The full statement