Latest period
$1.02B
YoY change
-3.6%
5Y CAGR
+1.3%
Peak year (2023)
$1.31B
Latest annual
$1.07B
Free Cash Flow history chart for SBA Communications (SBAC) from 1998 to 2025
Latest: $1.07B
Free Cash Flow growth chart for SBA Communications (SBAC) from 1998 to 2025
Latest: -3.6%
Free Cash Flow history table for SBA Communications (SBAC) from 1998 to 2025
| 2025 | $1.07B | -3.6% | −$40.21M | ||
| 2024 | $1.11B | -15.4% | −$200.98M | ||
| 2023 | $1.31B | +22.1% | +$236.44M | ||
| 2022 | $1.07B | +1.4% | +$15.04M | ||
| 2021 | $1.06B | +5.9% | +$58.75M | ||
| 2020 | $997.47M | +20.1% | +$166.81M | ||
| 2019 | $830.66M | +18.3% | +$128.32M | ||
| 2018 | $702.33M | +4.6% | +$30.91M | ||
| 2017 | $671.43M | +14.0% | +$82.38M | ||
| 2016 | $589.04M | +11.5% | +$60.58M | ||
| 2015 | $528.47M | +11.6% | +$55.06M | ||
| 2014 | $473.41M | +44.0% | +$144.69M | ||
| 2013 | $328.72M | +43.0% | +$98.78M | ||
| 2012 | $229.94M | +88.3% | +$107.83M | ||
| 2011 | $122.12M | -9.2% | −$12.42M | ||
| 2010 | $134.54M | -23.5% | −$41.28M | ||
| 2009 | $175.81M | +27.8% | +$38.28M | ||
| 2008 | $137.53M | +44.5% | +$42.37M | ||
| 2007 | $95.16M | +102.5% | +$48.17M | ||
| 2006 | $46.99M | +56.0% | +$16.87M | ||
| 2005 | $30.12M | +330.1% | +$23.12M | ||
| 2004 | $7.00M | -115.6% | +$51.95M | ||
| 2003 | −$44.94M | -55.9% | +$56.88M | ||
| 2002 | −$101.83M | -883.3% | −$114.83M | ||
| 2001 | $13.00M | -72.6% | −$34.52M | ||
| 2000 | $47.52M | -125.6% | +$233.32M | ||
| 1999 | −$185.80M | +42.3% | −$55.20M | ||
| 1998 | −$130.60M | — | — |
- 2025$1.07B-3.6%
- 2024$1.11B-15.4%
- 2023$1.31B+22.1%
- 2022$1.07B+1.4%
- 2021$1.06B+5.9%
- 2020$997.47M+20.1%
- 2019$830.66M+18.3%
- 2018$702.33M+4.6%
- 2017$671.43M+14.0%
- 2016$589.04M+11.5%
- 2015$528.47M+11.6%
- 2014$473.41M+44.0%
- 2013$328.72M+43.0%
- 2012$229.94M+88.3%
- 2011$122.12M-9.2%
- 2010$134.54M-23.5%
- 2009$175.81M+27.8%
- 2008$137.53M+44.5%
- 2007$95.16M+102.5%
- 2006$46.99M+56.0%
- 2005$30.12M+330.1%
- 2004$7.00M-115.6%
- 2003−$44.94M-55.9%
- 2002−$101.83M-883.3%
- 2001$13.00M-72.6%
- 2000$47.52M-125.6%
- 1999−$185.80M+42.3%
- 1998−$130.60M—
Free Cash Flow 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 Free Cash Flow at SBA Communications (SBAC)
Free Cash Flow for SBA Communications (SBAC): headline value $1.02B · YoY -3.6%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
SBA Communications (SBAC) most recent annual free cash flow stands at $1.07B (2025) – edged down 3.6% year-over-year.
Over 2020–2025 (5 years), SBA Communications free cash flow expanded at a +1.3% compound annual rate, with mixed annual results across the window.
Between 2023 and 2025, SBA Communications free cash flow declined 18.4%, falling from $1.31B to $1.07B.
The highest annual free cash flow of $1.31B was reported in 2023. The lowest in the available history was −$185.80M in 1999.
SBA Communications Free Cash Flow by Year
SBA Communications Free Cash Flow 2025: $1.07B
2025's free cash flow for SBA Communications came in at $1.07B, edged down 3.6% below 2024.
SBA Communications Free Cash Flow 2024: $1.11B
SBA Communications posted free cash flow of $1.11B in 2024, declined 15.4% below 2023.
SBA Communications Free Cash Flow 2023: $1.31B
In 2023, SBA Communications reported free cash flow of $1.31B, grew 22.1% from 2022. This figure represents the highest annual value in the available history.
SBA Communications Free Cash Flow 2022: $1.07B
SBA Communications free cash flow in 2022 was $1.07B, edged up 1.4% from 2021.
SBA Communications Free Cash Flow 2021: $1.06B
SBA Communications free cash flow in 2021 was $1.06B.
See more financial history for SBA Communications (SBAC).
Sector peers by Free Cash Flow
Real Estate peers of SBA Communications (SBAC), ranked by their latest free cash flow
| $5.01B | |
| $3.99B | |
| $3.78B | |
| $3.57B | |
| $2.90B | |
| $2.85B | |
| $2.41B | |
| −$400.00M |
- $5.01B
- $3.99B
- $3.78B
- $2.90B
- $2.85B
- −$400.00M
Frequently asked questions
SBA Communications (SBAC) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation