SBA COMMUNICATIONS CORPORATION (SBAC) /

The cash flow of SBA COMMUNICATIONS CORPORATION over the past 10 years

Chart SBA COMMUNICATIONS CORPORATION: operating cash flow, capital expenditures, free cash flow, fiscal 2016–2025 Open the chart →

In fiscal 2025, the latest fiscal year on file, SBA COMMUNICATIONS CORPORATION's operating cash flow was $1.29B and its capital expenditures $224.82M, leaving free cash flow of $1.07B. Free cash flow was above zero in all 10 years shown. It ranged from $602.54M in fiscal 2016 to $1.31B in fiscal 2023. Capital expenditures were highest in fiscal 2023, at $236.7M.

Year by year

Fiscal yearOperating cash flowCapital expendituresFree cash flow*
2025ended Dec 31, 2025$1.29B$224.82M$1.07B
2024ended Dec 31, 2024$1.33B$228.15M$1.11B
2023ended Dec 31, 2023$1.54B$236.7M$1.31B
2022ended Dec 31, 2022$1.29B$214.44M$1.07B
2021ended Dec 31, 2021$1.19B$133.69M$1.06B
2020ended Dec 31, 2020$1.13B$128.57M$997.47M
2019ended Dec 31, 2019$970.04M$154.24M$815.81M
2018ended Dec 31, 2018$850.62M$149.81M$700.81M
2017ended Dec 31, 2017$818.47M$147.04M$671.43M
2016ended Dec 31, 2016$742.52M$139.98M$602.54M

Fiscal years as SBA COMMUNICATIONS CORPORATION reports them. * Calculated by us from the company's filed figures; — no figure on file. From SEC filings, updated nightly. How each line is read.

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Not investment advice. This page shows what SBA COMMUNICATIONS CORPORATION filed with the SEC. Nothing here is a recommendation about any security. Check important figures against the company's own filings.