SBA Communications Corporation Website

SBA Communications Corporation

NasdaqGS-SBAC

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

1,860.9

1,954.5

2,104.1

2,336.6

2,516.9

2,528.3

Other Revenues, Total

153.8

128.7

204.7

296.9

194.6

147.7

Total Revenues

2,014.6

2,083.1

2,308.8

2,633.5

2,711.6

2,675.9

Total Revenues % Chg.

8%

3.4%

10.8%

14.1%

3%

-1.5%

Cost of Goods Sold, Total

508.3

493.1

573.1

695.5

634.3

598

Gross Profit

1,506.4

1,590

1,735.7

1,938

2,077.3

2,077.9

Selling General & Admin Expenses, Total

192.7

194.3

220

259.8

267.1

262.9

Depreciation & Amortization

697.1

722

700.2

707.6

716.3

493

Other Operating Expenses

3.2

1.1

1.9

2.4

18.7

19.3

Other Operating Expenses, Total

892.9

917.3

922.1

969.8

1,002.2

775.2

Operating Income

613.4

672.7

813.7

968.2

1,075.1

1,302.7

Interest Expense, Total

-415.7

-412.8

-419.6

-419.7

-456.5

-441.9

Interest And Investment Income

5.5

3

3.4

10.1

18.3

25.2

Net Interest Expenses

-410.2

-409.8

-416.1

-409.6

-438.2

-416.7

Currency Exchange Gains (Loss)

—

—

—

—

—

-20.3

81.2

166.5

Other Non Operating Income (Expenses)

14.1

-222.2

-74.3

30.8

-10.5

-323.7

EBT, Excl. Unusual Items

217.3

40.7

323.2

569.1

707.6

728.8

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Assets

—

—

—

—

—

—

—

—

-7.6

-7.6

Asset Writedown

-29.9

-39

-31.2

-42.8

-151.5

-166.6

Other Unusual Items

-0.5

-19.5

-39.5

-0.4

—

-4.4

EBT, Incl. Unusual Items

186.9

-17.7

252.6

525.8

548.5

550.2

Income Tax Expense

39.6

-41.8

14.9

66

51.1

41.3

Earnings From Continuing Operations

147.3

24

237.6

459.8

497.4

508.9

Minority Interest

—

—

—

—

—

-0.3

0.1

—

1.6

4.4

5.4

Net Income

147

24.1

237.6

461.4

501.8

514.3

Net Income to Common Incl Extra Items

147

24.1

237.6

461.4

501.8

514.3

Net Income to Common Excl. Extra Items

147

24.1

237.6

461.4

501.8

514.3

Total Shares Outstanding

111.8

109.8

109

108

108.1

107.5

Weighted Avg. Shares Outstanding

112.8

111.5

109.3

108

108.2

108

Weighted Avg. Shares Outstanding Dil

114.7

113.5

111.2

109.4

108.9

108.4

EPS

1.3

0.2

2.2

4.3

4.6

4.8

EPS Diluted

1.3

0.2

2.1

4.2

4.6

4.7

EBITDA

1,310.5

1,394.7

1,513.8

1,675.8

1,791.4

1,795.7

Effective Tax Rate

21.2%

235.5%

5.9%

12.6%

9.3%

7.5%