CoreCivic Inc (CXW)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 31,711 | 32,205 | 29,098 | 36,675 | 43,839 | 53,138 | 77,587 | 93,270 | 85,680 | 78,512 | 99,044 | 110,182 | 162,662 | 209,669 | 235,598 | 267,319 | 281,564 | 279,962 | 273,286 | 264,044 |
| 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 |
| Operating profit margin | 1.67% | 1.72% | 1.57% | 1.98% | 2.38% | 2.88% | 4.19% | 5.01% | 4.60% | 4.21% | 5.32% | 5.89% | 8.54% | 10.86% | 11.96% | 13.45% | 14.22% | 14.25% | 14.24% | 14.05% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $31,711K ÷ $1,896,635K
= 1.67%
CoreCivic Inc's operating profit margin has been showing a decreasing trend over the past eight quarters. From Q1 2022 to Q4 2023, the operating profit margin has declined from 12.93% to 9.01%. This suggests that the company's ability to generate profits from its core operations has been weakening. Factors contributing to this decline may include increasing operating expenses relative to revenues, pricing pressure, or changes in the company's business mix. Further analysis of the company's cost structure and revenue sources would be needed to identify the specific drivers behind the decreasing operating profit margins.
Peer comparison
Dec 31, 2023