SBA Communications Corp (SBAC) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.44x

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. Explore reinvestment intensity of SBA Communications Corp to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.44x
(Capex + Investments) / Operating CF

Total Reinvested

$138.37 Million
Capex + Investments

Operating Cash Flow

$318.03 Million
USD

Capital Expenditures

$60.05 Million
USD

SBA Communications Corp Cash Flow Reinvestment Rate (1998–2024)

Historical reinvestment intensity for SBA Communications Corp across 26 annual periods. Also explore total assets of SBA Communications Corp for the complete picture of this company's asset base.

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 SBAC market cap overview.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow