Company / Operating Cash Flow
SBA Communications Operating Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$1.3B
FY2025
5-year range
$970.0M / $1.5B
FY2021-FY2025
Trend
-3.3%
vs FY2024
Sector context
#20 of 143
Real Estate
What the data says
SBA Communications's operating cash flow of $1.3B is higher than 86% of companies in the Real Estate sector (FY2025). Operating Cash Flow has fluctuated over the past 10 years, ranging from $674M in FY2016 to $1.5B in FY2023.
Based on SEC 10-K filings.
$1.3B in FY2025 with a 5-year CAGR of +8.7%. Top quartile in the Real Estate sector.
Declined from $1.5B to $1.3B over the past 2 years.
Real Estate sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- +4.7%
- 5-Year CAGR
- +8.7%
- 10-Year CAGR
- -
Sector benchmark
+89.9% above sector average
Key checks
Key Insights
- 5-year CAGR of +8.7%, indicating consistent growth.
- In FY2025, operating cash flow decreased 3.3% year-over-year.
- Ranks #20 out of 143 companies in the Real Estate sector.
- Peak operating cash flow was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score -0.63 (distress zone, below 1.8 threshold)
- Strong profit margin: 28.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.3B | -3.3% |
| FY2024 | $1.3B | -13.6% |
| FY2023 | $1.5B | +37.2% |
| FY2022 | $1.1B | +16.1% |
| FY2021 | $970.0M | +14.0% |
| FY2020 | $850.6M | -12.3% |
| FY2019 | $970.0M | +30.6% |
| FY2018 | $742.5M | +2.7% |
| FY2017 | $723.0M | +7.2% |
| FY2016 | $674.3M | -6.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026