SBA Communications Corporation (SBAC) FCF Payout Ratio: 49.70%
Is SBA Communications Corporation’s FCF payout ratio high or low?
SBA Communications Corporation's FCF payout ratio of 49.70% is 61% above its 5-year average of 30.83%, near the high end of its 5-year range (20.82%–49.70%).
19.41% above its 12-month average of 41.62%.
SBAC FCF Payout Ratio Chart
SBAC Average FCF Payout Ratio Chart
SBAC Current vs Average FCF Payout Ratio Chart
SBAC FCF Payout Ratio Metrics
FCF PAYOUT RATIO
49.70%
FCF PAYOUT RATIO AVG TTM
41.62%
FCF PAYOUT RATIO AVG 3Y
35.04%
FCF PAYOUT RATIO AVG 5Y
30.83%
FCF PAYOUT RATIO AVG 10Y
27.86%
FCF PAYOUT RATIO AVG 15Y
27.86%
FCF PAYOUT RATIO AVG 20Y
27.86%
CURRENT VS TTM AVG
+19.41%
CURRENT VS 3Y AVG
+41.83%
CURRENT VS 5Y AVG
+61.19%
CURRENT VS 10Y AVG
+78.38%
CURRENT VS 15Y AVG
+78.38%
CURRENT VS 20Y AVG
+78.38%
Payout Ratio Comparison
FCF Payout Ratio
49.7%
Earnings Payout Ratio
48.0%
Dividend Yield
2.32%
FCF Yield
4.71%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.07B | $479.01M | 44.9% |
| 2024 | $1.11B | $424.19M | 38.3% |
| 2023 | $1.31B | $369.96M | 28.3% |
| 2022 | $1.07B | $306.77M | 28.6% |
| 2021 | $1.06B | $253.58M | 24.0% |
| 2020 | $997.47M | $207.69M | 20.8% |
| 2019 | $830.66M | $83.39M | 10.0% |
| 2018 | $702.33M | $0 | 0.0% |
| 2017 | $671.43M | $0 | 0.0% |
| 2016 | $589.04M | $0 | 0.0% |
| 2015 | $528.47M | $0 | 0.0% |
| 2014 | $473.41M | $0 | 0.0% |
| 2013 | $328.72M | $0 | 0.0% |
| 2012 | $229.94M | $0 | 0.0% |
| 2011 | $122.12M | $0 | 0.0% |
| 2010 | $134.54M | $0 | 0.0% |
| 2009 | $175.81M | $0 | 0.0% |
| 2008 | $137.53M | $0 | 0.0% |
| 2007 | $95.16M | $0 | 0.0% |
| 2006 | $46.99M | $0 | 0.0% |
| 2005 | $30.12M | $0 | 0.0% |
| 2004 | $7.00M | $0 | 0.0% |
| 2003 | ($44.94M) | $0 | N/A (Loss) |
| 2002 | ($101.83M) | $0 | N/A (Loss) |
| 2001 | $13.00M | $0 | 0.0% |
| 2000 | $47.52M | $0 | 0.0% |
| 1999 | ($185.80M) | $0 | N/A (Loss) |
| 1998 | ($130.60M) | $0 | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
SBA Communications Corporation FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
SBA Communications Corporation FCF Payout Ratio FAQ
- What is the FCF payout ratio for SBA Communications Corporation (SBAC)?
- The FCF payout ratio for SBAC stock is 49.70%.
- Is SBA Communications Corporation's FCF payout ratio high or low?
- SBA Communications Corporation's FCF payout ratio of 49.70% is 61% above its 5-year average of 30.83%, near the high end of its 5-year range (20.82%–49.70%).
- What is the TTM average FCF payout ratio for SBA Communications Corporation (SBAC)?
- The TTM average FCF payout ratio for SBAC stock is 41.62%.
- What is the 3Y average FCF payout ratio for SBA Communications Corporation (SBAC)?
- The 3Y average FCF payout ratio for SBAC stock is 35.04%.
- What is the 5Y average FCF payout ratio for SBA Communications Corporation (SBAC)?
- The 5Y average FCF payout ratio for SBAC stock is 30.83%.
- What is the 10Y average FCF payout ratio for SBA Communications Corporation (SBAC)?
- The 10Y average FCF payout ratio for SBAC stock is 27.86%.
- What is the 15Y average FCF payout ratio for SBA Communications Corporation (SBAC)?
- The 15Y average FCF payout ratio for SBAC stock is 27.86%.
- What is the 20Y average FCF payout ratio for SBA Communications Corporation (SBAC)?
- The 20Y average FCF payout ratio for SBAC stock is 27.86%.
SBA Communications Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 44.91% |
| 2024-12-31 | 38.33% |
| 2023-12-31 | 28.29% |
| 2022-12-31 | 28.64% |
| 2021-12-31 | 24.01% |
| 2020-12-31 | 20.82% |
| 2019-12-31 | 10.04% |
About SBA Communications Corporation
SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- CEO
- Brendan Thomas Cavanagh