Free Cash Flow for SBA Communications (SBAC)
Free Cash Flow for SBA Communications (SBAC): headline value $1.07B · 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 .
Currently viewingFree Cash FlowSwitch metric
Latest period
$1.07B
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
Free Cash Flow history table for SBA Communications (SBAC) from 1998 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 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 (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
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 the latest reading among the more recent periods of the dataset.
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 (SBAC) sits 8th of 8 Real Estate peers we track on this metric, against a peer median of $3.23B.
SBA Communications Free Cash Flow by Year
SBA Communications Free Cash Flow 2025: $1.07B
SBA Communications free cash flow in 2025 was $1.07B, edged down 3.6% below 2024.
SBA Communications Free Cash Flow 2024: $1.11B
SBA Communications free cash flow in 2024 was $1.11B, declined 15.4% below 2023.
SBA Communications Free Cash Flow 2023: $1.31B
SBA Communications free cash flow in 2023 was $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 — Free Cash Flow
Companies in the same sector as SBA Communications, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $5.01B | Real Estate |
| Realty Income Corporation (O) | $3.86B | Real Estate |
| American Tower Corporation (AMT) | $3.78B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.57B | Real Estate |
| Public Storage (PSA) | $2.90B | Real Estate |
| Welltower Inc. (WELL) | $2.85B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $2.41B | Real Estate |
| Equinix, Inc. (EQIX) | -$400.00M | Real Estate |
Frequently asked questions
What is SBA Communications's free cash flow?
Latest reported free cash flow for SBA Communications (SBAC) is $1.07B (period ending December 31, 2025).
How has SBA Communications free cash flow changed year-over-year?
SBA Communications (SBAC) free cash flow changed -3.6% year-over-year on the latest annual filing.
What is the long-term growth rate of SBA Communications free cash flow?
SBA Communications (SBAC) free cash flow compound annual growth rate is +1.3% over the most recent 5 years available.
When did SBA Communications free cash flow hit its highest annual value?
SBA Communications free cash flow reached its highest annual value of $1.31B in 2023.
What was SBA Communications free cash flow in 2024?
SBA Communications (SBAC) free cash flow in 2024 was $1.11B.
What was SBA Communications free cash flow in 2025?
SBA Communications (SBAC) free cash flow in 2025 was $1.07B.
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