Dashboard Tools Market News Investing Ideas Pricing About Us
Sign Up
Log in
SBA Communications Corp banner

SBA Communications Corp
NASDAQ:SBAC

Watchlist Manager
SBA Communications Corp Logo
SBA Communications Corp
NASDAQ:SBAC
Watchlist
Price: 184.74 USD 2.21% Market Closed
Market Cap: $19.7B
Write Note Create Alert Ask AI
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
+0%
5Y
+13%
10Y
+79%
Investing Cash Flow
+
3Y
-2%
5Y
+15%
10Y
+36%
Financing Cash Flow
+
3Y
+36%
5Y
-394%
10Y
-

Cash Flow Statement
SBA Communications Corp

Rotate your device to view
Cash Flow Statement
Currency: USD
Dec-2001 Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
(126)
(267)
(291)
(249)
(267)
(137)
(157)
(169)
(175)
(193)
(152)
(160)
(147)
(118)
(117)
(104)
(95)
(82)
(132)
(142)
(133)
(141)
(80)
(73)
(92)
(94)
(106)
(116)
(67)
(66)
(69)
(92)
(141)
(161)
(215)
(199)
(194)
(191)
(137)
(136)
(127)
(115)
(139)
(158)
(181)
(181)
(164)
(89)
(56)
(32)
(6)
(44)
(24)
(105)
(67)
(206)
(176)
(43)
(39)
102
76
60
37
101
104
98
31
(2)
48
42
131
137
147
(7)
(16)
(15)
24
140
270
295
238
438
354
406
460
372
505
491
497
551
509
679
749
783
849
863
Depreciation & Amortization
66
77
75
77
96
91
96
95
94
95
97
99
91
89
88
87
87
87
98
115
133
152
161
165
169
176
184
194
211
228
243
255
259
262
267
272
279
286
294
302
309
316
334
357
409
452
499
531
533
552
572
598
627
655
656
661
660
648
645
641
638
637
637
639
643
650
660
665
672
678
680
687
697
709
716
721
722
723
720
711
700
691
692
694
708
716
721
728
716
611
493
376
270
258
264
277
Change in Deffered Taxes
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(2)
(1)
0
1
1
(0)
(1)
(3)
(7)
(4)
(5)
(5)
1
1
1
2
0
0
0
0
1
0
0
0
0
0
(21)
(28)
0
(24)
8
6
0
(70)
(87)
(93)
(63)
(18)
29
27
(9)
53
0
10
33
35
10
16
5
(23)
(8)
23
(13)
14
62
65
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5
1
4
5
7
7
7
7
7
7
7
7
8
9
10
10
11
11
11
11
11
12
12
13
14
15
16
16
17
18
19
21
23
25
27
27
29
30
30
32
33
34
36
37
38
39
40
42
42
55
69
71
73
66
60
65
69
73
76
76
84
89
91
99
100
101
96
92
88
83
84
79
74
69
72
74
Other Non-Cash Items
78
202
236
193
186
61
58
59
62
80
51
70
80
59
64
62
59
56
99
98
78
75
20
18
45
52
63
75
21
18
18
33
79
91
145
134
135
138
90
92
92
92
119
146
150
154
137
79
82
60
61
106
97
194
163
306
274
144
141
15
62
99
146
97
101
116
198
243
178
188
91
103
130
375
412
435
395
255
127
157
296
97
276
251
199
293
198
222
262
351
492
395
473
384
256
253
Cash Taxes Paid
2
3
3
1
2
1
1
2
2
1
2
2
1
1
1
0
1
2
1
1
1
1
1
1
1
1
1
1
0
1
1
1
1
0
1
1
2
2
3
4
4
4
5
5
5
7
6
7
7
7
8
8
8
7
9
9
9
10
10
10
10
10
12
13
15
14
17
20
22
25
22
20
22
22
19
21
20
21
27
26
26
25
24
24
32
34
34
34
26
26
27
31
42
42
48
49
Cash Interest Paid
26
50
52
54
58
61
63
76
85
85
86
63
64
42
52
39
41
42
52
74
82
98
96
93
94
94
95
95
103
104
109
105
101
125
126
152
154
151
151
152
161
166
179
173
183
194
207
234
244
253
256
275
278
301
306
315
322
328
334
339
338
343
328
332
320
321
343
351
377
385
390
390
387
388
383
378
352
356
330
352
360
349
358
339
379
398
412
427
397
391
388
385
395
406
414
451
Change in Working Capital
11
(0)
(8)
(27)
3
31
36
34
(11)
(5)
(16)
(4)
(9)
(3)
(19)
(8)
(1)
(11)
(9)
(20)
(4)
(1)
1
8
0
(3)
8
22
8
8
9
13
27
18
17
(10)
(17)
(15)
(20)
(12)
(24)
(30)
(38)
(43)
(35)
(53)
(50)
(72)
(55)
(12)
(18)
(15)
(26)
(52)
(38)
(39)
(36)
(59)
(45)
(42)
(36)
(28)
(29)
(32)
(30)
(38)
(28)
(27)
(47)
(16)
(46)
(30)
(5)
23
77
106
49
33
27
(55)
(35)
(81)
(105)
(65)
(113)
(111)
(14)
(56)
64
38
(20)
(16)
(143)
(126)
(176)
(160)
Cash from Operating Activities
29
N/A
12
-58%
12
N/A
(6)
N/A
18
N/A
46
+161%
33
-29%
18
-46%
(30)
N/A
(23)
+24%
(20)
+9%
5
N/A
14
+209%
28
+95%
17
-39%
36
+113%
50
+38%
49
-2%
57
+17%
52
-9%
74
+42%
85
+15%
102
+20%
118
+16%
123
+5%
131
+7%
150
+14%
175
+17%
174
-1%
188
+8%
201
+7%
209
+4%
223
+6%
211
-5%
213
+1%
196
-8%
201
+3%
217
+8%
226
+4%
245
+8%
249
+2%
262
+5%
276
+5%
303
+10%
343
+13%
371
+8%
421
+13%
446
+6%
498
+11%
564
+13%
604
+7%
640
+6%
674
+5%
693
+3%
715
+3%
724
+1%
723
0%
689
-5%
702
+2%
716
+2%
743
+4%
770
+4%
792
+3%
807
+2%
819
+1%
825
+1%
839
+2%
851
+1%
851
0%
895
+5%
892
0%
932
+4%
970
+4%
1 025
+6%
1 096
+7%
1 148
+5%
1 126
-2%
1 134
+1%
1 172
+3%
1 134
-3%
1 190
+5%
1 197
+1%
1 216
+2%
1 296
+7%
1 286
-1%
1 304
+1%
1 419
+9%
1 400
-1%
1 544
+10%
1 528
-1%
1 466
-4%
1 457
-1%
1 335
-8%
1 342
+1%
1 284
-4%
1 297
+1%
Investing Cash Flow
Capital Expenditures
(308)
(179)
(34)
43
(86)
(63)
(42)
(34)
(15)
(11)
(9)
(8)
(7)
(8)
(11)
(16)
(20)
(22)
(25)
(26)
(29)
(29)
(30)
(30)
(28)
(30)
(31)
(35)
(36)
(35)
(41)
(44)
(47)
(51)
(53)
(61)
(67)
(75)
(95)
(115)
(127)
(132)
(120)
(105)
(113)
(125)
(135)
(142)
(169)
(165)
(171)
(197)
(211)
(247)
(258)
(242)
(209)
(177)
(161)
(151)
(140)
(140)
(139)
(142)
(147)
(142)
(146)
(146)
(150)
(155)
(154)
(156)
(154)
(157)
(148)
(138)
(129)
(114)
(117)
(124)
(134)
(147)
(169)
(192)
(214)
(226)
(236)
(240)
(237)
(245)
(232)
(235)
(228)
(216)
(222)
(218)
Other Items
(247)
(264)
(265)
(259)
(16)
(2)
108
149
171
173
69
21
9
(2)
(12)
(34)
(80)
(75)
(727)
(735)
(709)
(757)
(244)
(288)
(274)
(232)
(343)
(305)
(544)
(532)
(305)
(296)
(182)
(245)
(299)
(330)
(358)
(386)
(380)
(367)
(381)
(343)
(1 169)
(1 061)
(2 162)
(2 319)
(1 464)
(1 617)
(648)
(1 349)
(1 348)
(1 335)
(1 553)
(697)
(917)
(925)
(528)
(571)
(369)
(320)
(288)
(241)
(229)
(277)
(458)
(530)
(660)
(689)
(469)
(397)
(350)
(357)
(793)
(837)
(957)
(747)
(318)
(1 277)
(1 100)
(1 247)
(1 290)
(456)
(555)
(545)
(1 179)
(1 059)
(930)
(924)
(232)
(161)
(184)
(351)
(581)
(269)
(723)
(532)
Cash from Investing Activities
(555)
N/A
(443)
+20%
(298)
+33%
(216)
+28%
(103)
+52%
(65)
+37%
66
N/A
116
+75%
156
+35%
162
+4%
59
-64%
14
-77%
1
-91%
(10)
N/A
(23)
-127%
(50)
-119%
(99)
-100%
(97)
+3%
(752)
-677%
(761)
-1%
(738)
+3%
(786)
-6%
(274)
+65%
(317)
-16%
(302)
+5%
(263)
+13%
(374)
-43%
(339)
+9%
(581)
-71%
(568)
+2%
(346)
+39%
(340)
+2%
(229)
+33%
(296)
-29%
(351)
-19%
(390)
-11%
(425)
-9%
(461)
-8%
(475)
-3%
(483)
-2%
(508)
-5%
(475)
+6%
(1 288)
-171%
(1 166)
+10%
(2 275)
-95%
(2 444)
-7%
(1 600)
+35%
(1 759)
-10%
(817)
+54%
(1 514)
-85%
(1 519)
0%
(1 532)
-1%
(1 764)
-15%
(944)
+46%
(1 174)
-24%
(1 167)
+1%
(737)
+37%
(748)
-1%
(530)
+29%
(471)
+11%
(428)
+9%
(380)
+11%
(367)
+3%
(419)
-14%
(605)
-44%
(672)
-11%
(807)
-20%
(835)
-3%
(618)
+26%
(552)
+11%
(504)
+9%
(513)
-2%
(947)
-85%
(994)
-5%
(1 106)
-11%
(886)
+20%
(446)
+50%
(1 391)
-212%
(1 217)
+12%
(1 371)
-13%
(1 423)
-4%
(603)
+58%
(724)
-20%
(737)
-2%
(1 394)
-89%
(1 285)
+8%
(1 166)
+9%
(1 164)
+0%
(468)
+60%
(407)
+13%
(416)
-2%
(587)
-41%
(809)
-38%
(486)
+40%
(945)
-95%
(750)
+21%
Financing Cash Flow
Net Issuance of Common Stock
3
2
1
1
0
0
0
0
0
0
0
0
2
2
79
80
232
233
158
157
11
(80)
(79)
(78)
(56)
7
(113)
(113)
(57)
(114)
(47)
(46)
54
(50)
1 126
1 130
(91)
(158)
(1 357)
(1 436)
(209)
151
232
312
315
30
0
(22)
(98)
(102)
(357)
(668)
(885)
(1 020)
(910)
(833)
(601)
(516)
(450)
(252)
(546)
(500)
(540)
(867)
(855)
(889)
(1 056)
(785)
(796)
(694)
(457)
(497)
(351)
(579)
(510)
(525)
(805)
(799)
(781)
(697)
(496)
(759)
(766)
(674)
(393)
39
37
(28)
(56)
(157)
(254)
(196)
(164)
(39)
(67)
(221)
Net Issuance of Debt
522
211
166
195
132
34
(101)
(141)
(178)
(168)
(46)
(33)
44
(20)
(74)
(65)
(596)
(542)
181
169
(445)
(180)
(835)
(836)
264
39
399
625
629
596
328
692
676
579
487
(1 082)
1 232
1 390
1 688
2 666
470
511
609
1 781
1 861
1 703
1 353
207
1 091
2 025
2 077
2 591
2 154
1 281
1 471
1 162
664
577
304
587
249
119
119
(115)
511
693
975
724
592
310
(29)
89
374
813
862
850
722
1 436
1 317
1 096
1 174
565
528
493
570
195
120
160
(540)
(473)
(329)
(215)
1 240
48
208
363
Cash Paid for Dividends
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(42)
(83)
(136)
(188)
(198)
(208)
(219)
(230)
(242)
(254)
(267)
(280)
(293)
(307)
(324)
(340)
(355)
(370)
(384)
(397)
(411)
(424)
(438)
(452)
(466)
Other
0
0
(0)
(1)
0
0
(8)
0
(1)
0
0
0
0
0
0
0
390
398
397
400
1 099
1 120
1 122
1 117
(5)
(8)
48
48
(156)
(140)
(169)
(668)
(641)
(415)
(1 420)
58
(1 014)
(1 012)
(32)
(1 010)
(19)
(18)
(20)
32
(59)
(66)
(74)
(126)
(782)
(786)
(903)
(783)
(273)
(261)
(131)
(246)
13
13
4
(4)
8
14
33
42
49
48
37
53
55
43
46
25
(2)
(46)
(14)
(196)
(178)
(143)
(177)
(4)
(85)
(53)
(64)
(62)
(5)
(55)
(52)
(52)
(51)
(34)
(30)
(24)
(6)
(15)
(16)
(16)
Cash from Financing Activities
525
N/A
212
-60%
167
-22%
194
+16%
132
-32%
34
-74%
(108)
N/A
(140)
-30%
(179)
-27%
(169)
+6%
(39)
+77%
(33)
+17%
46
N/A
(18)
N/A
5
N/A
16
+216%
26
+63%
89
+244%
736
+729%
726
-1%
665
-8%
860
+29%
208
-76%
203
-2%
203
+0%
39
-81%
334
+759%
560
+68%
415
-26%
342
-18%
112
-67%
(23)
N/A
89
N/A
114
+28%
192
+68%
106
-45%
127
+20%
221
+74%
298
+35%
220
-26%
242
+10%
644
+166%
821
+28%
2 125
+159%
2 116
0%
1 666
-21%
1 279
-23%
59
-95%
211
+259%
1 137
+439%
817
-28%
1 140
+40%
995
-13%
(0)
N/A
430
N/A
83
-81%
76
-9%
74
-2%
(142)
N/A
331
N/A
(289)
N/A
(368)
-27%
(388)
-6%
(940)
-142%
(295)
+69%
(148)
+50%
(44)
+70%
(8)
+81%
(149)
-1 711%
(341)
-129%
(440)
-29%
(425)
+3%
(62)
+85%
52
N/A
150
+186%
(69)
N/A
(469)
-580%
276
N/A
129
-53%
154
+20%
339
+120%
(514)
N/A
(582)
-13%
(535)
+8%
(136)
+75%
(144)
-7%
(234)
-62%
(275)
-17%
(1 017)
-270%
(1 048)
-3%
(1 010)
+4%
(845)
+16%
646
N/A
(445)
N/A
(327)
+27%
(341)
-4%
Change in Cash
Effect of Foreign Exchange Rates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(0)
(0)
(0)
(0)
1
3
2
3
(2)
14
16
13
14
(6)
(7)
(15)
(13)
(5)
4
14
14
11
(2)
3
(1)
(5)
(10)
(18)
(10)
(23)
2
2
2
2
(16)
(16)
(9)
(6)
4
1
(13)
14
2
2
(3)
(19)
(14)
(9)
3
(2)
(12)
(6)
(22)
(11)
6
7
Net Change in Cash
(1)
N/A
(218)
-21 700%
(120)
+45%
(28)
+77%
47
N/A
16
-67%
(9)
N/A
(7)
+24%
(53)
-644%
(29)
+45%
(0)
+99%
(14)
-4 633%
61
N/A
(0)
N/A
(1)
-250%
2
N/A
(24)
N/A
41
N/A
40
-1%
17
-58%
0
-99%
159
+159 300%
36
-77%
3
-92%
24
+731%
(93)
N/A
110
N/A
396
+261%
9
-98%
(37)
N/A
(33)
+11%
(153)
-363%
83
N/A
29
-65%
54
+89%
(89)
N/A
(97)
-10%
(23)
+76%
50
N/A
(18)
N/A
(17)
+6%
430
N/A
(191)
N/A
1 262
N/A
186
-85%
(403)
N/A
103
N/A
(1 252)
N/A
(111)
+91%
201
N/A
(82)
N/A
261
N/A
(81)
N/A
(258)
-221%
(36)
+86%
(375)
-953%
49
N/A
11
-78%
34
+218%
589
+1 618%
39
-93%
34
-14%
35
+3%
(549)
N/A
(82)
+85%
(1)
+99%
(21)
-3 400%
(9)
+56%
74
N/A
(21)
N/A
(50)
-138%
(5)
+91%
(37)
-711%
86
N/A
125
+46%
177
+42%
202
+14%
12
-94%
87
+602%
(82)
N/A
93
N/A
94
+2%
(88)
N/A
26
N/A
(246)
N/A
(143)
+42%
5
N/A
(48)
N/A
62
N/A
71
+15%
28
-61%
19
-30%
1 150
+5 824%
400
-65%
17
-96%
214
+1 131%
Free Cash Flow
Free Cash Flow
(279)
N/A
(167)
+40%
(22)
+87%
37
N/A
(69)
N/A
(17)
+76%
(9)
+44%
(16)
-72%
(45)
-181%
(34)
+25%
(30)
+11%
(3)
+90%
7
N/A
19
+177%
6
-69%
20
+237%
30
+50%
27
-11%
32
+19%
26
-18%
45
+70%
56
+25%
72
+29%
88
+22%
95
+8%
101
+6%
118
+18%
140
+18%
138
-2%
153
+11%
160
+5%
166
+4%
176
+6%
159
-9%
161
+1%
135
-16%
135
0%
142
+6%
131
-8%
129
-1%
122
-6%
130
+7%
157
+20%
198
+26%
230
+16%
247
+7%
286
+16%
304
+6%
329
+8%
399
+21%
433
+9%
443
+2%
463
+4%
445
-4%
457
+3%
481
+5%
514
+7%
513
0%
541
+6%
565
+4%
603
+7%
631
+5%
653
+4%
665
+2%
672
+1%
682
+2%
693
+2%
705
+2%
701
-1%
740
+6%
738
0%
775
+5%
816
+5%
868
+6%
948
+9%
1 010
+7%
997
-1%
1 020
+2%
1 055
+3%
1 011
-4%
1 056
+4%
1 050
-1%
1 047
0%
1 104
+5%
1 071
-3%
1 079
+1%
1 183
+10%
1 160
-2%
1 308
+13%
1 282
-2%
1 234
-4%
1 222
-1%
1 107
-9%
1 125
+2%
1 062
-6%
1 080
+2%

See Also

Summary
SBAC intrinsic value, competitors valuation, and company profile.
DCF Valuation
SBAC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SBAC stock valuation using valuation multiples.
Wall Street Estimates
SBAC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SBAC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 316,400+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.