Geo Group Inc (GEO)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 278,747 | 352,389 | 383,102 | 288,083 | 222,574 |
| Revenue | US$ in thousands | 2,423,700 | 2,413,170 | 2,376,730 | 2,256,610 | 2,350,100 |
| Operating profit margin | 11.50% | 14.60% | 16.12% | 12.77% | 9.47% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $278,747K ÷ $2,423,700K
= 11.50%
Geo Group Inc's operating profit margin has shown fluctuations over the past five years. It increased from 9.47% as of December 31, 2020, to 12.77% by December 31, 2021, indicating improved operational efficiency and profitability. Subsequently, the margin continued to rise to 16.12% by December 31, 2022, reaching its peak during this period.
However, there was a slight decline in the operating profit margin to 14.60% by December 31, 2023. This could be attributed to various factors such as changes in operating expenses, revenue fluctuations, or specific industry challenges during that year.
By December 31, 2024, Geo Group Inc's operating profit margin decreased further to 11.50%, indicating a reduction in profitability compared to the previous year. It is important for the company to closely monitor its operating costs and revenue streams to sustain and improve its profit margins in the future.
Peer comparison
Dec 31, 2024