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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
SBA Communications (MEX:SBAC) Cash Flow from Operations Explanation
For companies reported in indirect method, cash flow from operations contains six items:
1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.
SBA Communications's net income from continuing operations for the
three
months ended in Jun. 2026 was MXN3,428 Mil.
2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets
SBA Communications's depreciation, depletion and amortization for the
three
months ended in Jun. 2026 was MXN1,420 Mil.
3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.
SBA Communications's change in working capital for the
three
months ended in Jun. 2026 was MXN1,212 Mil. It means SBA Communications's working capital
increased by MXN1,212 Mil
from Mar. 2026 to Jun. 2026 .
4. Deferred Tax:
It is the cash flow generated from deferred tax.
SBA Communications's cash flow from deferred tax for the
three
months ended in Jun. 2026 was MXN201 Mil.
SBA Communications's cash from discontinued operating Activities for the
three
months ended in Jun. 2026 was MXN0 Mil.
6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.
SBA Communications's asset impairment charge for the
three
months ended in Jun. 2026 was MXN368 Mil.
7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.
SBA Communications's stock based compensation for the
three
months ended in Jun. 2026 was MXN468 Mil.
8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).
SBA Communications's cash flow from others for the
three
months ended in Jun. 2026 was MXN8 Mil.
SBA Communications Cash Flow from Operations Related Terms
SBA Communications Cash Flow from Operations Historical Data
* Premium members only.
The historical data trend for SBA Communications's Cash Flow from Operations can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SBA Communications Cash Flow from Operations Chart
SBA Communications Cash Flow from Operations Calculation
Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
SBA Communications's Cash Flow from Operations for the fiscal year that ended in Dec. 2025 is calculated as:
Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN23,013 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash Flow from Operations of MXN23,013 Mil mean?
SBA Communications (MEX:SBAC) has a Cash Flow from Operations of MXN23,013 Mil as of Jun. 2026. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for SBA Communications and its competitors.
Is SBA Communications' Cash Flow from Operations too high?
SBA Communications' current Cash Flow from Operations is MXN23,013 Mil. Overall, SBA Communications has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does SBA Communications' Cash Flow from Operations compare to WY and LAMR?
SBA Communications' Cash Flow from Operations of MXN23,013 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Operations for a REITs company?
A good Cash Flow from Operations depends on the REITs industry context. However, Cash Flow from Operations should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Operations mean?
A high Cash Flow from Operations can signal that a stock is expensive relative to its fundamentals. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for SBA Communications and its competitors. SBA Communications's current Cash Flow from Operations is MXN23,013 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBA Communications stock overvalued right now?
SBA Communications (MEX:SBAC) has a current Cash Flow from Operations of MXN23,013 Mil. The stock's GF Value™ is MXN4,026.64, compared to a current price of MXN3,220.00 — trading 20% below its estimated fair value. The current Cash Flow from Operations is MXN23,013 Mil. SBA Communications' overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Operations calculated?
Cash Flow from Operations is calculated from a company's financial statements. For SBA Communications (MEX:SBAC), the current Cash Flow from Operations is MXN23,013 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SBA Communications (MEX:SBAC) Overvalued in 2026?
Based on GuruFocus' analysis, SBA Communications stock appears to be undervalued.
The current stock price of MXN3,220.00 is trading 20% below its estimated GF Value™ of MXN4,026.64.
Key valuation signals for MEX:SBAC:
Cash Flow from Operations: MXN23,013 Mil
GF Value™: MXN4,026.64 vs. price of MXN3,220.00 (20% below fair value)
No single metric tells the full story. See the MEX:SBAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.
86GF Score
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