SBA Communications Corp (SBAC) — Capital Reinvestment Ratio
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 balance sheet quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
SBA Communications Corp Capital Reinvestment Ratio (1998–2024)
This chart tracks SBA Communications Corp's Capital Reinvestment Ratio across 26 annual periods. Check SBA Communications Corp total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
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 SBA Communications Corp market capitalisation.
| 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 | — |