CoreCivic Inc (CXW)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,630,225 | 1,612,152 | 1,596,183 | 1,589,653 | 1,585,331 | 1,579,100 | 1,577,953 | 1,579,421 | 1,580,730 | 1,545,438 | 1,541,725 | 1,539,492 | 1,569,658 | 1,705,016 | 1,751,133 | 1,775,606 | 1,773,368 | 1,757,752 | 1,716,100 | 1,681,718 |
| Revenue (ttm) | US$ in thousands | 1,896,635 | 1,876,822 | 1,857,328 | 1,850,343 | 1,845,329 | 1,846,029 | 1,853,012 | 1,860,886 | 1,862,616 | 1,863,960 | 1,861,032 | 1,869,102 | 1,905,485 | 1,929,817 | 1,970,073 | 1,987,726 | 1,980,689 | 1,965,073 | 1,919,279 | 1,878,914 |
| Gross profit margin | 85.95% | 85.90% | 85.94% | 85.91% | 85.91% | 85.54% | 85.16% | 84.87% | 84.87% | 82.91% | 82.84% | 82.37% | 82.38% | 88.35% | 88.89% | 89.33% | 89.53% | 89.45% | 89.41% | 89.50% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,630,225K ÷ $1,896,635K
= 85.95%
CoreCivic Inc has maintained a consistent gross profit margin of 100.00% across all quarters in the provided data. A gross profit margin of 100.00% indicates that the company is efficiently controlling its direct costs related to production or service delivery relative to its revenue. This suggests that CoreCivic Inc is effectively managing its cost of goods sold, resulting in a high level of profitability at the gross profit level. The stability of the gross profit margin over the quarters reflects the company's ability to consistently generate profit from its core operations. Overall, CoreCivic Inc's gross profit margin analysis indicates strong cost management and operational efficiency within the organization.
Peer comparison
Dec 31, 2023