SBA Communications Corp (SBAC) — Financial Flexibility Index
SBA Communications Corp (SBAC) has a Financial Flexibility Index of 0.02x as of September 2025. Free cash flow of $378.08 Million (operating CF $318.03 Million minus capex $60.05 Million) represents 0% of total liabilities ($16.12 Billion). Check SBAC strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
SBA Communications Corp Financial Flexibility Index (1998–2024)
Historical Financial Flexibility Index trend for SBA Communications Corp across 27 annual periods. See SBA Communications Corp (SBAC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for SBA Communications Corp (1998–2024)
Year-by-year free cash flow to debt coverage for SBA Communications Corp. For the full company profile including market capitalisation, see how much is SBA Communications Corp worth.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.09x | $1.56 Billion | $1.33 Billion | $16.47 Billion | ▼ -18.4% |
| 2023 | 0.12x | $1.78 Billion | $1.54 Billion | $15.31 Billion | ▲ +20.2% |
| 2022 | 0.10x | $1.53 Billion | $1.32 Billion | $15.83 Billion | ▲ +10.2% |
| 2021 | 0.09x | $1.32 Billion | $1.19 Billion | $15.07 Billion | ▼ -2.2% |
| 2020 | 0.09x | $1.25 Billion | $1.13 Billion | $13.97 Billion | ▲ +5.8% |
| 2019 | 0.08x | $1.14 Billion | $984.89 Million | $13.41 Billion | ▼ -10.2% |
| 2018 | 0.09x | $1.00 Billion | $852.14 Million | $10.59 Billion | ▼ -3.0% |
| 2017 | 0.10x | $967.79 Million | $819.61 Million | $9.92 Billion | ▲ +5.1% |
| 2016 | 0.09x | $869.01 Million | $729.03 Million | $9.36 Billion | ▼ -10.6% |
| 2015 | 0.10x | $945.88 Million | $737.17 Million | $9.11 Billion | ▼ -1.5% |
| 2014 | 0.11x | $895.91 Million | $684.66 Million | $8.50 Billion | ▲ +1.8% |
| 2013 | 0.10x | $664.90 Million | $496.81 Million | $6.43 Billion | ▲ +34.4% |
| 2012 | 0.08x | $456.48 Million | $343.21 Million | $5.93 Billion | ▼ -26.2% |
| 2011 | 0.10x | $376.00 Million | $249.06 Million | $3.61 Billion | ▲ +19.6% |
| 2010 | 0.09x | $267.77 Million | $201.16 Million | $3.07 Billion | ▼ -12.1% |
| 2009 | 0.10x | $269.30 Million | $222.56 Million | $2.71 Billion | ▲ +28.6% |
| 2008 | 0.08x | $209.86 Million | $173.70 Million | $2.72 Billion | ▲ +4.8% |
| 2007 | 0.07x | $150.71 Million | $122.93 Million | $2.05 Billion | ▲ +16.5% |
| 2006 | 0.06x | $104.93 Million | $75.96 Million | $1.66 Billion | ▼ -20.7% |
| 2005 | 0.08x | $69.42 Million | $49.77 Million | $871.11 Million | ▲ +274.0% |
| 2004 | 0.02x | $21.43 Million | $14.22 Million | $1.01 Billion | ▲ +236.4% |
| 2003 | -0.02x | $-14.67 Million | $-29.81 Million | $939.11 Million | ▼ -116.7% |
| 2002 | 0.09x | $104.93 Million | $1.55 Million | $1.12 Billion | ▼ -83.1% |
| 2001 | 0.56x | $543.27 Million | $13.00 Million | $978.37 Million | ▼ -53.7% |
| 2000 | 1.20x | $492.80 Million | $47.52 Million | $410.66 Million | ▲ +97.2% |
| 1999 | 0.61x | $232.00 Million | $23.10 Million | $381.20 Million | ▼ -13.5% |
| 1998 | 0.70x | $145.60 Million | $7.50 Million | $207.00 Million | — |