CoreCivic Inc (CXW)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 68,868 | 76,061 | 68,857 | 64,733 | 67,590 | 65,559 | 119,985 | 115,717 | 122,320 | 125,920 | 87,614 | 92,675 | -51,896 | -106,736 | -110,031 | -103,468 | 55,338 | 124,115 | 146,392 | 172,784 |
| Revenue (ttm) | US$ in thousands | 1,961,646 | 1,973,599 | 1,965,746 | 1,939,319 | 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 |
| Net profit margin | 3.51% | 3.85% | 3.50% | 3.34% | 3.56% | 3.49% | 6.46% | 6.25% | 6.63% | 6.82% | 4.73% | 4.98% | -2.79% | -5.73% | -5.91% | -5.54% | 2.90% | 6.43% | 7.43% | 8.69% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $68,868K ÷ $1,961,646K
= 3.51%
CoreCivic Inc's net profit margin has shown fluctuations over the past few years, ranging from positive to negative values. The net profit margin decreased significantly from 8.69% in March 2020 to -5.91% in June 2021, indicating a period of financial challenges. However, there has been a gradual improvement since then, with the net profit margin reaching 6.63% by December 2022.
In the most recent period, CoreCivic Inc's net profit margin stood at 3.51% in December 2024. This suggests that the company is effectively managing its expenses relative to its revenue, resulting in a positive margin, although there may still be room for improvement.
Overall, the trend in CoreCivic Inc's net profit margin reflects a mix of profitability challenges and improvements, indicating the need for continued monitoring and strategic financial management.
Peer comparison
Dec 31, 2024