Operating CF
$1.25B
Capex
−$227.04M
Free Cash Flow
$1.02B
FCF Margin
+81.8%
Cash flow waterfall for SBA Communications (SBAC) — TTM through Q1 2026
Free cash flow: $1.02B
Note: Other Investing is large — driven mainly by purchases or sales of investments.
Cash flow breakdown for SBA Communications (SBAC) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $1.25B | $1.25B |
| Capital Expenditure | −$227.04M | $1.02B |
| Free Cash Flow | $1.02B | $1.02B |
| Acquisitions | −$103.72M | $914.48M |
| Other Investing | −$806.11M | $108.37M |
| Share Buybacks | −$497.81M | −$389.43M |
| Dividends Paid | −$491.93M | −$881.37M |
| Net Debt Change | $517.75M | −$363.62M |
| Other Financing & FX | $32.02M | −$331.59M |
| Net Cash Decrease | −$331.62M | −$331.62M |
- Operating Cash Flow$1.25B
- Capital Expenditure−$227.04M
- Free Cash Flow$1.02B
- Acquisitions−$103.72M
- Other Investing−$806.11M
- Share Buybacks−$497.81M
- Dividends Paid−$491.93M
- Net Debt Change$517.75M
- Other Financing & FX$32.02M
- Net Cash Decrease−$331.62M
Want to see what drove the FCF change?Free Cash Flow Bridge
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