SBA Communications Corp (SBAC) — Cash Flow Quality Index

Latest as of September 2025: 1.32x

SBA Communications Corp (SBAC) has a Cash Flow Quality Index of 1.32x as of September 2025. Operating cash flow of $318.03 Million exceeds net income of $240.43 Million, indicating high earnings quality where cash backs reported profits. Explore long-term investment intensity of SBA Communications Corp to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.32x
Operating CF / Net Income

Operating Cash Flow

$318.03 Million
USD

Net Income

$240.43 Million
USD

Data as of

Sep 2025
Most recent filing

SBA Communications Corp Cash Flow Quality Index (2016–2024)

Historical Cash Flow Quality Index for SBA Communications Corp across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of SBA Communications Corp to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for SBA Communications Corp (2016–2024)

Year-by-year earnings quality comparison for SBA Communications Corp. For live market cap and the full company financial profile, see market cap of SBA Communications Corp.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.78x $1.33 Billion $748.68 Million ▼ -42.1%
2023 3.08x $1.54 Billion $501.81 Million ▲ +7.4%
2022 2.87x $1.32 Billion $459.80 Million ▼ -42.8%
2021 5.01x $1.19 Billion $237.62 Million ▼ -89.3%
2020 46.83x $1.13 Billion $24.05 Million ▲ +600.3%
2019 6.69x $984.89 Million $147.28 Million ▼ -62.8%
2018 17.96x $852.14 Million $47.45 Million ▲ +127.1%
2017 7.91x $819.61 Million $103.65 Million ▼ -17.3%
2016 9.56x $729.03 Million $76.24 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.