SBA Communications Corp (SBAC) — Capital Reinvestment Ratio
Latest as of September 2025:
0.19x
SBA Communications Corp (SBAC) has a Capital Reinvestment Ratio of 0.19x as of September 2025, meaning it reinvests 0% of its operating cash flow ($318.03 Million) in capital expenditures ($60.05 Million). See SBA Communications Corp (SBAC) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.19x
Capex / Operating Cash Flow
Operating Cash Flow
$318.03 Million
USD
Capital Expenditures
$60.05 Million
USD
Data as of
Sep 2025
Most recent filing
SBA Communications Corp Capital Reinvestment Ratio (1998–2024)
This chart tracks SBA Communications Corp's Capital Reinvestment Ratio across 26 annual periods.
Annual Capital Reinvestment Ratio for SBA Communications Corp (1998–2024)
Year-by-year Capital Reinvestment Ratio for SBA Communications Corp from 1998 to 2024. For live market cap and broader valuation context, see SBAC market cap.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.17x | $1.33 Billion | $228.15 Million | ▲ +11.5% |
| 2023 | 0.15x | $1.54 Billion | $236.70 Million | ▼ -5.8% |
| 2022 | 0.16x | $1.32 Billion | $214.44 Million | ▲ +44.9% |
| 2021 | 0.11x | $1.19 Billion | $133.64 Million | ▼ -1.6% |
| 2020 | 0.11x | $1.13 Billion | $128.57 Million | ▼ -27.1% |
| 2019 | 0.16x | $984.89 Million | $154.24 Million | ▼ -10.9% |
| 2018 | 0.18x | $852.14 Million | $149.81 Million | ▼ -2.8% |
| 2017 | 0.18x | $819.61 Million | $148.18 Million | ▼ -5.8% |
| 2016 | 0.19x | $729.03 Million | $139.98 Million | ▼ -32.2% |
| 2015 | 0.28x | $737.17 Million | $208.71 Million | ▼ -8.2% |
| 2014 | 0.31x | $684.66 Million | $211.25 Million | ▼ -8.8% |
| 2013 | 0.34x | $496.81 Million | $168.09 Million | ▲ +2.5% |
| 2012 | 0.33x | $343.21 Million | $113.27 Million | ▼ -35.2% |
| 2011 | 0.51x | $249.06 Million | $126.94 Million | ▲ +53.9% |
| 2010 | 0.33x | $201.16 Million | $66.62 Million | ▲ +57.7% |
| 2009 | 0.21x | $222.56 Million | $46.74 Million | ▲ +0.9% |
| 2008 | 0.21x | $173.70 Million | $36.17 Million | ▼ -7.8% |
| 2007 | 0.23x | $122.93 Million | $27.77 Million | ▼ -40.8% |
| 2006 | 0.38x | $75.96 Million | $28.97 Million | ▼ -3.4% |
| 2005 | 0.39x | $49.77 Million | $19.65 Million | ▼ -22.2% |
| 2004 | 0.51x | $14.22 Million | $7.21 Million | ▼ -99.2% |
| 2002 | 66.52x | $1.55 Million | $103.38 Million | ▲ +63.1% |
| 2001 | 40.79x | $13.00 Million | $530.27 Million | ▲ +335.3% |
| 2000 | 9.37x | $47.52 Million | $445.28 Million | ▲ +3.6% |
| 1999 | 9.04x | $23.10 Million | $208.90 Million | ▼ -50.9% |
| 1998 | 18.41x | $7.50 Million | $138.10 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow