SBACSBA Communications Corporation

$20B

FY 2019 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.0B+8.0% YoY

Gross Profit

$1.5B74.8% margin

Operating Income

$583M29.0% margin

Net Income

$147M7.3% margin

EPS (Diluted)

$1.28

Cash Flow

Operating Cash Flow

$985M

Free Cash Flow

$831M

Stock-Based Comp.

$73M

Balance Sheet

Total Assets

$9.8B

Total Liabilities

$13.4B

Stockholders' Equity

-$3.7B

Cash & Equivalents

$108M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.9B	+8.0%
Gross Profit	$1.5B	$1.4B	+8.7%
Operating Income	$583M	$544M	+7.2%
Net Income	$147M	$47M	+209.8%

SBAC FY 2019 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena