Geo Group Inc (GEO)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,292,919 | 4,301,139 | 4,286,849 | 4,304,590 | 4,272,299 | 4,079,609 | 4,065,487 | 4,032,666 | 3,999,479 | 1,876,315 | 1,910,966 | 1,944,395 | 2,027,978 | 2,071,572 | 2,110,246 | 2,116,426 | 2,116,798 | 2,094,518 | 2,046,492 | 2,024,651 |
| Revenue (ttm) | US$ in thousands | 4,609,468 | 4,616,848 | 4,606,381 | 4,632,051 | 4,602,201 | 4,413,311 | 4,400,195 | 4,374,056 | 4,414,967 | 2,206,263 | 2,237,828 | 2,262,240 | 2,274,336 | 2,317,930 | 2,357,239 | 2,364,065 | 2,356,221 | 2,333,941 | 2,283,952 | 2,261,249 |
| Gross profit margin | 93.13% | 93.16% | 93.06% | 92.93% | 92.83% | 92.44% | 92.39% | 92.20% | 90.59% | 85.04% | 85.39% | 85.95% | 89.17% | 89.37% | 89.52% | 89.52% | 89.84% | 89.74% | 89.60% | 89.54% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,292,919K ÷ $4,609,468K
= 93.13%
Based on the data provided for Geo Group, Inc., the gross profit margin has remained constant at 100.00% for all quarters in the past two years. A gross profit margin of 100.00% indicates that the company is able to generate revenue from its core operations that exceeds the cost of goods sold, resulting in a profit on each unit sold. This high level of gross profit margin suggests that Geo Group, Inc. has strong pricing power, efficient cost management, or a combination of both. The consistent performance of a 100.00% gross profit margin over multiple quarters reflects a stable and profitable core business operation for the company.
Peer comparison
Dec 31, 2023