SBA Communications Corp (SBAC) — Cash Flow Reinvestment Rate
SBA Communications Corp (SBAC) has a Cash Flow Reinvestment Rate of 0.35x as of June 2026, reinvesting $144.02 Million (capex $62.42 Million plus investments $81.60 Million) from operating cash flow of $407.18 Million. See SBA Communications Corp free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
SBA Communications Corp Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for SBA Communications Corp across 27 annual periods. For the full cash flow conversion analysis, see SBA Communications Corp cash flow conversion.
Annual Cash Flow Reinvestment Rate for SBA Communications Corp (1998–2025)
Year-by-year capital reinvestment analysis for SBA Communications Corp. See SBAC financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.36x | $462.77 Million | $1.29 Billion | $224.82 Million | ▼ -53.9% |
| 2024 | 0.78x | $1.04 Billion | $1.33 Billion | $228.15 Million | ▼ -14.3% |
| 2023 | 0.91x | $1.40 Billion | $1.54 Billion | $236.70 Million | ▼ -25.7% |
| 2022 | 1.22x | $1.61 Billion | $1.32 Billion | $214.44 Million | ▼ -6.7% |
| 2021 | 1.31x | $1.56 Billion | $1.19 Billion | $133.64 Million | ▲ +727.4% |
| 2020 | 0.16x | $178.06 Million | $1.13 Billion | $128.57 Million | ▼ -7.0% |
| 2019 | 0.17x | $167.39 Million | $984.89 Million | $154.24 Million | ▼ -7.1% |
| 2018 | 0.18x | $155.91 Million | $852.14 Million | $149.81 Million | ▲ +1.0% |
| 2017 | 0.18x | $148.41 Million | $819.61 Million | $148.18 Million | ▼ -6.2% |
| 2016 | 0.19x | $140.69 Million | $729.03 Million | $139.98 Million | ▼ -52.3% |
| 2015 | 0.40x | $298.44 Million | $737.17 Million | $208.71 Million | ▲ +19.4% |
| 2014 | 0.34x | $232.14 Million | $684.66 Million | $211.25 Million | ▼ -13.2% |
| 2013 | 0.39x | $194.09 Million | $496.81 Million | $168.09 Million | ▲ +18.4% |
| 2012 | 0.33x | $113.27 Million | $343.21 Million | $113.27 Million | ▼ -36.1% |
| 2011 | 0.52x | $128.69 Million | $249.06 Million | $126.94 Million | ▲ +7.8% |
| 2010 | 0.48x | $96.38 Million | $201.16 Million | $66.62 Million | ▲ +128.1% |
| 2009 | 0.21x | $46.74 Million | $222.56 Million | $46.74 Million | ▲ +0.9% |
| 2008 | 0.21x | $36.17 Million | $173.70 Million | $36.17 Million | ▼ -7.8% |
| 2007 | 0.23x | $27.77 Million | $122.93 Million | $27.77 Million | ▼ -40.8% |
| 2006 | 0.38x | $28.97 Million | $75.96 Million | $28.97 Million | ▼ -3.4% |
| 2005 | 0.39x | $19.65 Million | $49.77 Million | $19.65 Million | ▼ -22.2% |
| 2004 | 0.51x | $7.21 Million | $14.22 Million | $7.21 Million | ▼ -99.2% |
| 2002 | 66.52x | $103.38 Million | $1.55 Million | $103.38 Million | ▲ +63.1% |
| 2001 | 40.79x | $530.27 Million | $13.00 Million | $530.27 Million | ▲ +335.3% |
| 2000 | 9.37x | $445.28 Million | $47.52 Million | $445.28 Million | ▲ +3.6% |
| 1999 | 9.04x | $208.90 Million | $23.10 Million | $208.90 Million | ▼ -50.9% |
| 1998 | 18.41x | $138.10 Million | $7.50 Million | $138.10 Million | — |