SBA Communications Corporation (SBAC) — Free Cash Flow Yield

Real Estate

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems and small cells. With a portfolio of more than 46,000 communications sites throughout the Americas and in Africa, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and one of the top Real Estate Investment Trusts by market capitalization. SBA Communications Corporation was established in 1989 and is incorporated in Florida.

MetricValue
FCF Yield5.4%
Real Estate Sector Avg FCF Yield3.7%
Annual Free Cash Flow$1.1B
Market Cap$19.6B
P/E Ratio20.0x

SBA Communications Corporation's FCF yield of 5.4% is above the Real Estate sector average (3.7%).

Frequently Asked Questions

What is SBA Communications Corporation's (SBAC) free cash flow yield?

SBA Communications Corporation's (SBAC) free cash flow yield is 5.4%. That is above the Real Estate sector average (3.7%).

Is SBAC's free cash flow yield good?

At 5.4%, SBAC's free cash flow yield is considered fair — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.

How much free cash flow does SBA Communications Corporation generate?

SBA Communications Corporation generated $1.1B in free cash flow, against a market cap of $19.6B.

How is free cash flow yield calculated?

Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.

Data from public filings. Not investment advice. Calculate your own FCF yield →