CoreCivic Inc (CXW)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 159,378 | 168,783 | 261,176 | 181,645 | 143,023 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,493,350 | 1,477,570 | 1,432,410 | 1,372,470 | 1,390,170 |
| Return on total capital | 10.67% | 11.42% | 18.23% | 13.23% | 10.29% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $159,378K ÷ ($—K + $1,493,350K)
= 10.67%
CoreCivic Inc's return on total capital has shown varying trends over the past five years. It increased from 10.29% in 2020 to 13.23% in 2021, indicating improved efficiency in generating returns from its total capital. The return further rose to 18.23% by the end of 2022, reflecting a significant increase in profitability and utilization of capital.
However, there was a slight decline in the return on total capital in 2023, dropping to 11.42%. This might suggest some challenges or changes in the company's operations impacting its ability to generate returns. In 2024, the return remained relatively stable at 10.67%, indicating a consistent performance in utilizing its total capital efficiently.
Overall, while the return on total capital fluctuated over the years, CoreCivic Inc has generally demonstrated the ability to generate returns for its capital providers, albeit with some fluctuations in performance.
Peer comparison
Dec 31, 2024