SBA Communications Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1996
Net Income	501.81	461.43	237.62	24.1	146.99	Upgrade
Depreciation & Amortization	716.31	707.58	700.16	721.97	697.08	Upgrade
Share-Based Compensation	87.92	99.91	84.4	68.89	73.21	Upgrade
Other Operating Activities	238.35	16.79	167.71	311.07	52.76	Upgrade
Operating Cash Flow	1,544	1,286	1,190	1,126	970.05	Upgrade
Operating Cash Flow Growth	20.12%	8.05%	5.67%	16.08%	14.04%	Upgrade
Capital Expenditures	-236.7	-214.44	-133.69	-128.57	-154.24	Upgrade
Acquisitions	-230.46	-1,176.09	-1,257.7	-271.42	-773.96	Upgrade
Change in Investments	-0.67	-3.64	-0.63	-49.5	-13.16	Upgrade
Other Investing Activities	-0.42	0.52	-31.23	3.12	-5.81	Upgrade
Investing Cash Flow	-468.25	-1,393.65	-1,423.26	-446.37	-947.16	Upgrade
Dividends Paid	-369.96	-306.77	-253.58	-207.69	-83.39	Upgrade
Share Issuance / Repurchase	-55.81	-393.36	-495.89	-760.21	-336.69	Upgrade
Debt Issued / Paid	-540	370	-415.54	610.34	165	Upgrade
Other Financing Activities	-51.44	194.66	1,504	-111.46	192.77	Upgrade
Financing Cash Flow	-1,017.22	-135.47	339.26	-469.02	-62.31	Upgrade
Exchange Rate Effect	2.73	-2.92	-13.08	-8.96	2.25	Upgrade
Net Cash Flow	61.66	-246.34	92.82	201.69	-37.18	Upgrade
Free Cash Flow	1,308	1,071	1,056	997.47	815.81	Upgrade
Free Cash Flow Growth	22.07%	1.43%	5.89%	22.27%	16.41%	Upgrade
Free Cash Flow Margin	48.23%	40.68%	45.75%	47.88%	40.49%	Upgrade
Free Cash Flow Per Share	12.09	9.92	9.66	8.94	7.23	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).