SBA Communications Corp (SBAC) — Cash Flow Quality Index

Latest as of June 2026: 2.07x

SBA Communications Corp (SBAC) has a Cash Flow Quality Index of 2.07x as of June 2026. Operating cash flow of $407.18 Million exceeds net income of $196.47 Million, indicating high earnings quality where cash backs reported profits. Explore SBAC debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.07x
Operating CF / Net Income

Operating Cash Flow

$407.18 Million
USD

Net Income

$196.47 Million
USD

Data as of

Jun 2026
Most recent filing

SBA Communications Corp Cash Flow Quality Index (2016–2025)

Historical Cash Flow Quality Index for SBA Communications Corp across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see SBA Communications Corp (SBAC) cash flow conversion.

Annual Cash Flow Quality Index for SBA Communications Corp (2016–2025)

Year-by-year earnings quality comparison for SBA Communications Corp.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.26x $1.29 Billion $1.03 Billion ▼ -29.4%
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.