Latest period
$227.04M
YoY change
-1.5%
5Y CAGR
+11.8%
Peak year (2023)
$236.70M
Cumulative CapEx
$3.33B
CapEx history chart for SBA Communications (SBAC) from 1998 to 2025
Latest: $224.82M
CapEx growth chart for SBA Communications (SBAC) from 1998 to 2025
Latest: -1.5%
CapEx history table for SBA Communications (SBAC) from 1998 to 2025
| 2025 | $224.82M | -1.5% | −$3.33M | ||
| 2024 | $228.15M | -3.6% | −$8.55M | ||
| 2023 | $236.70M | +10.4% | +$22.25M | ||
| 2022 | $214.44M | +60.5% | +$80.81M | ||
| 2021 | $133.64M | +3.9% | +$5.07M | ||
| 2020 | $128.57M | -16.6% | −$25.67M | ||
| 2019 | $154.24M | +3.0% | +$4.42M | ||
| 2018 | $149.81M | +1.1% | +$1.63M | ||
| 2017 | $148.18M | +5.9% | +$8.20M | ||
| 2016 | $139.98M | -32.9% | −$68.72M | ||
| 2015 | $208.71M | -1.2% | −$2.54M | ||
| 2014 | $211.25M | +25.7% | +$43.16M | ||
| 2013 | $168.09M | +48.4% | +$54.83M | ||
| 2012 | $113.27M | -10.8% | −$13.67M | ||
| 2011 | $126.94M | +90.5% | +$60.32M | ||
| 2010 | $66.62M | +42.5% | +$19.88M | ||
| 2009 | $46.74M | +29.2% | +$10.58M | ||
| 2008 | $36.17M | +30.2% | +$8.39M | ||
| 2007 | $27.77M | -4.1% | −$1.20M | ||
| 2006 | $28.97M | +47.4% | +$9.32M | ||
| 2005 | $19.65M | +172.4% | +$12.43M | ||
| 2004 | $7.21M | -52.3% | −$7.92M | ||
| 2003 | $15.14M | -85.4% | −$88.24M | ||
| 2002 | $103.38M | — | +$103.38M | ||
| 2001 | $0.00 | — | $0.00 | ||
| 2000 | $0.00 | -100.0% | −$208.90M | ||
| 1999 | $208.90M | +51.3% | +$70.80M | ||
| 1998 | $138.10M | — | — |
- 2025$224.82M-1.5%
- 2024$228.15M-3.6%
- 2023$236.70M+10.4%
- 2022$214.44M+60.5%
- 2021$133.64M+3.9%
- 2020$128.57M-16.6%
- 2019$154.24M+3.0%
- 2018$149.81M+1.1%
- 2017$148.18M+5.9%
- 2016$139.98M-32.9%
- 2015$208.71M-1.2%
- 2014$211.25M+25.7%
- 2013$168.09M+48.4%
- 2012$113.27M-10.8%
- 2011$126.94M+90.5%
- 2010$66.62M+42.5%
- 2009$46.74M+29.2%
- 2008$36.17M+30.2%
- 2007$27.77M-4.1%
- 2006$28.97M+47.4%
- 2005$19.65M+172.4%
- 2004$7.21M-52.3%
- 2003$15.14M-85.4%
- 2002$103.38M—
- 2001$0.00—
- 2000$0.00-100.0%
- 1999$208.90M+51.3%
- 1998$138.10M—
CapEx values are taken from SBA Communications's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at SBA Communications (SBAC)
According to SBA Communications's latest reported financial statements, the company's current CapEx (TTM) is $227.04M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of SBA Communications (SBAC) CapEx is $224.82M – edged down 1.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, SBA Communications CapEx compounded at +11.8% per year, with mixed annual results across the window.
SBA Communications CapEx peaked at $236.70M in 2023; the latest annual figure is $224.82M in 2025 (5.0% below peak).
$236.70M stands as the all-time-high annual CapEx, posted in 2023, against a low of $0.00 during 2000.
SBA Communications Capital Expenditures by Year
SBA Communications Capital Expenditures 2025: $224.82M
2025's CapEx for SBA Communications came in at $224.82M, edged down 1.5% below 2024.
SBA Communications Capital Expenditures 2024: $228.15M
SBA Communications posted CapEx of $228.15M in 2024, edged down 3.6% below 2023.
SBA Communications Capital Expenditures 2023: $236.70M
In 2023, SBA Communications reported CapEx of $236.70M, grew 10.4% from 2022. This figure represents the highest annual value in the available history.
SBA Communications Capital Expenditures 2022: $214.44M
SBA Communications CapEx in 2022 was $214.44M, surged 60.5% from 2021.
SBA Communications Capital Expenditures 2021: $133.64M
SBA Communications CapEx in 2021 was $133.64M.
See more financial history for SBA Communications (SBAC).
Sector peers by CapEx
Real Estate peers of SBA Communications (SBAC), ranked by their latest CapEx
| $4.31B | |
| $1.68B | |
| $912.35M | |
| $289.38M | |
| $33.80M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $4.31B
- $1.68B
- $912.35M
- $289.38M
- $33.80M
- $0.00
- $0.00
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