CoreCivic Inc (CXW)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 188,197 | 170,805 | 168,840 | 189,370 | 217,294 |
| Revenue | US$ in thousands | 1,961,650 | 1,896,640 | 1,845,330 | 1,862,620 | 1,905,480 |
| Operating profit margin | 9.59% | 9.01% | 9.15% | 10.17% | 11.40% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $188,197K ÷ $1,961,650K
= 9.59%
CoreCivic Inc's operating profit margin has shown a decreasing trend over the past few years, declining from 11.40% in December 2020 to 9.59% in December 2024. This indicates a reduction in the percentage of revenue remaining after deducting operating expenses, which could be a concern for the company's operational efficiency and profitability. The drop in operating profit margin may result from factors such as increased operating costs, pricing pressures, or changes in revenue streams. It is essential for CoreCivic Inc to closely monitor and address the drivers behind this decline to sustain and improve its profitability levels in the future.
Peer comparison
Dec 31, 2024