← SBA COMMUNICATIONS CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $76.2m |
$103.7m
+35.96%
|
$47.5m
-54.22%
|
$147.0m
+209.77%
|
$24.1m
-83.60%
|
$237.6m
+885.83%
|
$461.4m
+94.18%
|
$501.8m
+8.75%
|
$749.5m
+49.37%
|
$1.1b
+40.57%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | $147.3m | $24.0m | $237.6m | $459.8m | $497.4m | $748.7m | $1.1b | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $293k | ($57k) | — | ($1.6m) | ($4.4m) | ($859k) | $824k | — | |
| Amortization of Debt Issuance Costs | $21.1m | $21.9m | $20.3m | $22.5m | $20.1m | $19.6m | $19.8m | $20.3m | $21.3m | $21.9m | — | |
| Amortization of Intangible Assets | $369.9m | $384.1m | $402.6m | $415.2m | $434.4m | $411.9m | $406.0m | $397.0m | $107.1m | $115.1m | — | |
| Depreciation | $268.1m | $258.4m | $269.2m | $281.6m | $287.0m | $271.8m | $274.0m | $272.3m | $116.3m | $131.8m | $320.0m | |
| Depreciation, Amortization and Accretion, Net | $638.2m | $643.1m | $672.1m | $697.1m | $722.0m | $700.2m | $707.6m | $716.3m | $269.5m | $292.3m | $320.0m | |
| Deferred Income Tax Expense (Benefit) | $1.4m | — | ($15.3m) | $15.9m | ($63.2m) | ($8.5m) | $32.9m | $4.6m | ($13.1m) | $104.5m | $79.5m | |
| Share-based Payment Arrangement, Noncash Expense | $32.9m | $38.2m | $42.3m | $73.2m | $68.9m | $84.4m | $99.9m | $87.9m | $74.4m | $75.7m | $84.2m | |
| Share-based Payment Arrangement, Expense | $32.9m | $38.2m | $42.3m | $73.2m | $68.9m | $84.4m | $99.9m | $87.9m | $74.4m | $75.7m | $84.2m | |
| Nonoperating Income (Expense) | ($300.0m) | ($341.6m) | ($492.5m) | ($396.6m) | ($651.4m) | ($529.9m) | ($399.6m) | ($375.2m) | ($663.1m) | ($100.7m) | — | |
| Other Nonoperating Income (Expense) | $94.3m | ($2.4m) | ($85.6m) | $14.1m | ($222.2m) | ($74.3m) | $10.5m | $63.1m | ($250.4m) | $366.2m | — | |
| Net Cash Provided by (Used in) Operating Activities | $742.5m |
$818.5m
+10.23%
|
$850.6m
+3.93%
|
$970.0m
+14.04%
|
$1.1b
+16.08%
|
$1.2b
+5.67%
|
$1.3b
+8.05%
|
$1.5b
+20.12%
|
$1.3b
-13.57%
|
$1.3b
-3.26%
|
$1.3b
-0.54%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $140.0m | $147.0m | $149.8m | $154.2m | $128.6m | $133.7m | $214.4m | $236.7m | $228.1m | $224.8m | ($233.6m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $8.9m | — | — | — | — | — | — | — | — | — | ($227.3m) | |
| Payments to Acquire Investments | — | — | $157.0m | $639.0m | $1.3b | $1.7b | $881.8m | $1.3b | $1.8b | $1.2b | ($2.0b) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $276.8m | $441.5m | $451.8m | $774.0m | $271.4m | $1.3b | $1.2b | $130.0m | $299.8m | $1.1b | ($578.5m) | |
| Payments for (Proceeds from) Other Investing Activities | $12.1m | $16.7m | $10.6m | $5.8m | ($3.1m) | $31.2m | ($524k) | $421k | $6.3m | $1.8m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($428.2m) | ($605.1m) | ($618.3m) | ($947.2m) | ($446.4m) | ($1.4b) | ($1.4b) | ($468.2m) | ($809.3m) | ($601.8m) | ($569.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($52.7m) | ($2.0m) | ($14.1m) | ($235k) | ($17.8m) | ($36.7m) | ($437k) | — | ($5.9m) | — | — | |
| Payments for Repurchase of Common Stock | $545.7m | $854.5m | $795.6m | $467.0m | $859.3m | $582.6m | $431.7m | $100.0m | $200.0m | $497.8m | — | |
| Dividends paid | — | — | — | $83.4m | $207.7m | $253.6m | $306.8m | $370.0m | $424.2m | $479.0m | ($505.2m) | |
| Proceeds from (Payments for) Other Financing Activities | $8.4m | $49.1m | $55.4m | ($1.6m) | ($2.1m) | ($12.8m) | $4.7m | ($24.0m) | $12.6m | ($3.8m) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($288.6m) |
($294.6m)
-2.09%
|
($148.5m)
+49.58%
|
($62.3m)
+58.05%
|
($469.0m)
-652.67%
|
$339.3m
+172.34%
|
($135.5m)
-139.93%
|
($1.0b)
-650.86%
|
$645.7m
+163.48%
|
($1.7b)
-357.62%
|
($659.5m)
+60.36%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $13.6m | ($81.7m) | $74.0m | ($37.2m) | $201.7m | $92.8m | ($246.3m) | $61.7m | $1.1b | ($963.6m) | $355.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $13.6m | $104.3m | $178.3m | $141.1m | $342.8m | $435.6m | $189.3m | $250.9m | $1.4b | $437.0m | $355.7m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $13.6m | ($464k) | ($9.7m) | $2.2m | ($9.0m) | ($13.1m) | ($2.9m) | $2.7m | ($21.6m) | $10.4m | $5.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $319.6m | $376.6m | $386.6m | $351.9m | $360.1m | $378.6m | $396.6m | $395.1m | $467.4m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $318k | $665k | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | $13.1m | ($220.4m) | ($66.3m) | $20.3m | $81.2m | ($236.5m) | $119.9m | — | |
| Foreign Currency Transaction Gain (Loss), Realized | $90.0m | ($8.8m) | ($89.1m) | $9.0m | ($145.6m) | ($44.3m) | $12.9m | $52.4m | ($156.8m) | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | $7.6m | $710k | $208.4m | — | |
| Income Tax Expense (Benefit) | $11.1m | $13.2m | $4.2m | $39.6m | ($41.8m) | $14.9m | $66.0m | $51.1m | $24.0m | $187.6m | — | |
| Investment Income, Interest | $10.9m | $11.3m | $6.7m | $5.5m | $3.0m | $3.4m | $10.1m | $18.3m | $42.0m | $31.7m | — | |
| Operating Lease, Lease Income | — | — | — | $1.9b | $2.0b | $2.1b | $2.3b | $2.5b | $2.5b | $2.6b | — | |
| Proceeds from Stock Options Exercised | $27.4m | $56.5m | $74.7m | $136.0m | $142.5m | $80.3m | $31.6m | $38.6m | $29.4m | $48.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.