Geo Group Inc (GEO)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,423,700 | 2,413,170 | 2,376,730 | 2,256,610 | 2,350,100 |
| Property, plant and equipment | US$ in thousands | — | — | 2,092,970 | 2,150,030 | 2,131,300 |
| Fixed asset turnover | — | — | 1.14 | 1.05 | 1.10 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,423,700K ÷ $—K
= —
The fixed asset turnover ratio of Geo Group Inc has shown some fluctuations over the years. In 2020, the ratio was 1.10, indicating that for every dollar of fixed assets the company generated $1.10 in revenue.
In 2021, the ratio decreased slightly to 1.05, suggesting a decrease in the efficiency of utilizing fixed assets to generate revenue. However, in 2022, the ratio improved to 1.14, indicating that the company was able to generate more revenue per dollar of fixed assets.
The absence of data for 2023 and 2024 makes it difficult to analyze the trend further, as it could be due to various reasons such as changes in reporting practices or significant events impacting the company's operations.
Overall, based on the data provided, Geo Group Inc has shown some variability in its fixed asset turnover ratio, with improvements in some years and declines in others. Further analysis of the company's operations and investment in fixed assets may provide additional insights into its efficiency in generating revenue.
Peer comparison
Dec 31, 2024