Geo Group Inc (GEO)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,423,702 | 2,424,265 | 2,423,925 | 2,410,631 | 2,413,168 | 2,425,567 | 2,439,465 | 2,433,751 | 2,376,727 | 2,313,584 | 2,254,178 | 2,231,420 | 2,256,612 | 2,277,189 | 2,299,048 | 2,321,458 | 2,350,098 | 2,393,692 | 2,446,135 | 2,472,272 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 2,058,080 | 2,072,860 | 2,058,150 | 2,092,970 | 2,107,800 | 2,113,610 | 2,031,810 | 2,150,030 | 2,065,120 | 2,194,560 | 2,120,980 | 2,131,300 | 2,135,960 | 2,134,650 | 2,146,940 |
| Fixed asset turnover | — | — | — | — | — | 1.18 | 1.18 | 1.18 | 1.14 | 1.10 | 1.07 | 1.10 | 1.05 | 1.10 | 1.05 | 1.09 | 1.10 | 1.12 | 1.15 | 1.15 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,423,702K ÷ $—K
= —
The fixed asset turnover ratio for Geo Group Inc has fluctuated over the past few years, ranging from 1.05 to 1.18. This ratio measures how efficiently the company is utilizing its fixed assets to generate revenue. A higher ratio indicates that the company is generating more revenue per dollar invested in fixed assets.
Geo Group Inc's fixed asset turnover was relatively stable around 1.10 to 1.15 until a slight decrease to 1.05 in June 2021. However, the ratio improved in the following quarters, reaching a high of 1.18 by March 2023. This suggests that the company was able to generate more revenue from its fixed assets during this period.
The ratio remained stable at 1.18 for the next three quarters until the data for the end of 2023. After this point, there is no data available in the provided dataset. Overall, Geo Group Inc's fixed asset turnover indicates that the company has been effectively utilizing its fixed assets to generate revenue, with fluctuations in efficiency over the period analyzed.
Peer comparison
Dec 31, 2024