SBAC Q4 2024 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$21B

Q4 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$694M+2.8% YoY

Gross Profit

$535M77.1% margin

Operating Income

$382M55.1% margin

Net Income

$174M25.0% margin

EPS (Diluted)

$1.61

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$310M

Free Cash Flow

$255M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$16.5B

Stockholders' Equity

-$5.1B

Cash & Equivalents

$190M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$694M	$675M	+2.8%
Gross Profit	$535M	$526M	+1.8%
Operating Income	$382M	$210M	+82.3%
Net Income	$174M	$110M	+58.5%

Revenue Segments

Domestic Site Leasing Revenue

$472M68%

International Site Leasing Revenue

$174M25%

Site Development Construction

$47M7%