Geo Group Inc (GEO)

Operating return on assets (Operating ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	352,389	383,945	288,083	229,405	303,106
Total assets	US$ in thousands	3,696,410	3,760,380	4,537,410	4,460,130	4,317,530
Operating ROA		9.53%	10.21%	6.35%	5.14%	7.02%

December 31, 2023 calculation

Operating ROA = Operating income ÷ Total assets
= $352,389K ÷ $3,696,410K
= 9.53%

Geo Group, Inc.'s operating return on assets (operating ROA) has fluctuated over the past five years. In 2023, the operating ROA decreased to 9.53% from 10.19% in 2022, indicating a slight decline in the company's efficiency in generating operating profits from its assets. However, the operating ROA in 2023 remained higher compared to the figures in 2020 and 2019. Overall, the trend in operating ROA shows some variability, with the company experiencing both increases and decreases in efficiency in utilizing its assets to generate operating income over the five-year period.

Peer comparison

Dec 31, 2023

Company name

Symbol

Operating ROA

Geo Group Inc

GEO

9.53%

Community Healthcare Trust Inc