SBAC Q4 2021 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$21B

Q4 2021 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$595M+11.1% YoY

Gross Profit

$445M74.8% margin

Operating Income

$197M33.2% margin

Net Income

$49M8.2% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$299M

Free Cash Flow

$255M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$9.8B

Total Liabilities

$15.1B

Stockholders' Equity

-$5.3B

Cash & Equivalents

$367M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$595M	$536M	+11.1%
Gross Profit	$445M	$404M	+10.2%
Operating Income	$197M	$165M	+19.5%
Net Income	$49M	$106M	-53.8%

Revenue Segments

Domestic Site Leasing Revenue

$432M73%

International Site Leasing Revenue

$107M18%

Site Development Construction

$56M9%