SBA Communications Corp (SBAC) — Cash Flow Reinvestment Rate
SBA Communications Corp (SBAC) has a Cash Flow Reinvestment Rate of 0.44x as of September 2025, reinvesting $138.37 Million (capex $60.05 Million plus investments $-78.31 Million) from operating cash flow of $318.03 Million. Check how high is SBA Communications Corp's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
SBA Communications Corp Cash Flow Reinvestment Rate (1998–2024)
Historical reinvestment intensity for SBA Communications Corp across 26 annual periods. Explore SBA Communications Corp (SBAC) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for SBA Communications Corp (1998–2024)
Year-by-year capital reinvestment analysis for SBA Communications Corp. For live market cap and broader valuation context, see SBA Communications Corp (SBAC) market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 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 | — |