Geo Group Inc (GEO)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 352,389 | 377,010 | 391,542 | 394,236 | 383,102 | 350,739 | 326,637 | 303,979 | 288,083 | 250,078 | 240,792 | 233,193 | 223,725 | 252,014 | 265,440 | 281,798 | 300,413 | 297,595 | 289,216 | 274,992 |
| 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 |
| Operating profit margin | 7.64% | 8.17% | 8.50% | 8.51% | 8.32% | 7.95% | 7.42% | 6.95% | 6.53% | 11.33% | 10.76% | 10.31% | 9.84% | 10.87% | 11.26% | 11.92% | 12.75% | 12.75% | 12.66% | 12.16% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $352,389K ÷ $4,609,468K
= 7.64%
Geo Group, Inc.'s operating profit margin has shown a fluctuating trend over the past eight quarters. The margin ranged from a low of 13.62% in Q1 2022 to a high of 16.20% in Q1 2023. Despite some variability, the company has maintained a relatively stable operating profit margin, with an average margin of approximately 15.49% over the period under review. This indicates that Geo Group has been efficient in managing its operating expenses relative to its revenue generation. However, management may want to further investigate the factors contributing to the fluctuations in order to maintain or potentially enhance the margin going forward.
Peer comparison
Dec 31, 2023