CoreCivic Inc (CXW)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 2,931,890 | 3,105,400 | 3,244,770 | 3,498,940 | 3,709,320 |
| Operating ROA | 6.42% | 5.50% | 5.20% | 5.41% | 5.86% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $188,197K ÷ $2,931,890K
= 6.42%
Based on the provided data, CoreCivic Inc's operating return on assets (operating ROA) has shown a slight fluctuation over the years. The operating ROA was 5.86% as of December 31, 2020, which decreased to 5.41% by December 31, 2021. Subsequently, it further decreased to 5.20% by December 31, 2022, but then showed improvement to 5.50% by December 31, 2023. The most significant increase in operating ROA was noted by the end of December 31, 2024, where it reached 6.42%.
Overall, the trend indicates some variability in CoreCivic Inc's ability to generate operating income from its assets. It is essential for the company to monitor and analyze the factors contributing to these fluctuations to sustain and potentially enhance its operating ROA in the future.
Peer comparison
Dec 31, 2024