SBA Communications Corp (SBAC) — Free Cash Flow Generation Index

Latest as of June 2026: 0.85x

SBA Communications Corp (SBAC) has a Free Cash Flow Generation Index of 0.85x as of June 2026. Free cash flow of $344.76 Million represents 1% of operating cash flow ($407.18 Million). Explore SBAC capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.85x
Free Cash Flow / Operating CF

Free Cash Flow

$344.76 Million
USD

Operating Cash Flow

$407.18 Million
USD

Capital Expenditures

$62.42 Million
USD

SBA Communications Corp Free Cash Flow Generation Index (1998–2025)

Historical FCF Generation Index trend for SBA Communications Corp across 27 annual periods. For the full cash flow conversion analysis, see SBAC cash generation efficiency.

Annual Free Cash Flow Generation for SBA Communications Corp (1998–2025)

Year-by-year Free Cash Flow Generation Index for SBA Communications Corp. Check SBA Communications Corp (SBAC) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.83x $1.07 Billion $1.29 Billion $224.82 Million ▼ -0.4%
2024 0.83x $1.11 Billion $1.33 Billion $228.15 Million ▼ -2.1%
2023 0.85x $1.31 Billion $1.54 Billion $236.70 Million ▲ +1.1%
2022 0.84x $1.10 Billion $1.32 Billion $214.44 Million ▼ -5.7%
2021 0.89x $1.06 Billion $1.19 Billion $133.64 Million ▲ +0.2%
2020 0.89x $997.47 Million $1.13 Billion $128.57 Million ▲ +5.0%
2019 0.84x $830.66 Million $984.89 Million $154.24 Million ▲ +2.3%
2018 0.82x $702.33 Million $852.14 Million $149.81 Million ▲ +0.6%
2017 0.82x $671.43 Million $819.61 Million $148.18 Million ▲ +1.4%
2016 0.81x $589.04 Million $729.03 Million $139.98 Million ▲ +12.7%
2015 0.72x $528.47 Million $737.17 Million $208.71 Million ▲ +3.7%
2014 0.69x $473.41 Million $684.66 Million $211.25 Million ▲ +4.5%
2013 0.66x $328.72 Million $496.81 Million $168.09 Million ▼ -1.2%
2012 0.67x $229.94 Million $343.21 Million $113.27 Million ▲ +36.6%
2011 0.49x $122.12 Million $249.06 Million $126.94 Million ▼ -26.7%
2010 0.67x $134.54 Million $201.16 Million $66.62 Million ▼ -15.3%
2009 0.79x $175.81 Million $222.56 Million $46.74 Million ▼ -0.2%
2008 0.79x $137.53 Million $173.70 Million $36.17 Million ▲ +2.3%
2007 0.77x $95.16 Million $122.93 Million $27.77 Million ▲ +25.1%
2006 0.62x $46.99 Million $75.96 Million $28.97 Million ▲ +2.2%
2005 0.61x $30.12 Million $49.77 Million $19.65 Million ▲ +22.9%
2004 0.49x $7.00 Million $14.22 Million $7.21 Million ▲ +100.8%
2002 -65.52x $-101.83 Million $1.55 Million $103.38 Million ▼ -6652.4%
2001 1.00x $13.00 Million $13.00 Million $530.27 Million ▲ +0.0%
2000 1.00x $47.52 Million $47.52 Million $445.28 Million ▲ +112.4%
1999 -8.04x $-185.80 Million $23.10 Million $208.90 Million ▲ +53.8%
1998 -17.41x $-130.60 Million $7.50 Million $138.10 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).