SBA Communications Corporation SBAC NASDAQ

SBA Communications Corporation (SBAC) generated $1.29B in operating cash flow for fiscal year 2025. After capital expenditures of $224.82M, free cash flow was $1.07B.

Free cash flow margin was 37.9% of revenue. Cash conversion ratio was 1.26x, indicating earnings are backed by cash.

The company returned $479.01M in dividends and $497.81M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (58/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (100/100) — Cash conversion ratio was 1.26x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 63/100 with 3/7 criteria passed.