Geo Group Inc (GEO)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 309,975 | 334,739 | 335,957 | 348,192 | 361,290 | 377,011 | 391,543 | 394,237 | 383,103 | 350,739 | 326,637 | 303,979 | 288,083 | 250,078 | 240,521 | 231,618 | 222,574 | 250,863 | 264,560 | 282,222 |
| Total assets | US$ in thousands | 3,632,080 | 3,633,290 | 3,643,990 | 3,684,510 | 3,696,410 | 3,724,380 | 3,671,890 | 3,701,980 | 3,760,380 | 3,704,510 | 4,555,320 | 4,608,880 | 4,537,410 | 4,588,800 | 4,563,610 | 4,427,450 | 4,460,130 | 4,247,840 | 4,242,710 | 4,187,850 |
| Operating ROA | 8.53% | 9.21% | 9.22% | 9.45% | 9.77% | 10.12% | 10.66% | 10.65% | 10.19% | 9.47% | 7.17% | 6.60% | 6.35% | 5.45% | 5.27% | 5.23% | 4.99% | 5.91% | 6.24% | 6.74% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $309,975K ÷ $3,632,080K
= 8.53%
Geo Group Inc's operating return on assets (ROA) has shown fluctuations over the reporting periods, ranging from a low of 4.99% on December 31, 2020, to a high of 10.66% on June 30, 2023. The trend indicates a general increase in operating ROA from the end of 2020 through the first half of 2023. However, the ratio started to decline slightly in the latter half of 2023, with a slight recovery in the first quarter of 2024.
Overall, the operating ROA demonstrates the company's ability to generate profits from its assets, with the most recent data as of December 31, 2024, showing a ratio of 8.53%. This implies that for every dollar of assets Geo Group Inc has, it is generating 8.53 cents in operating income. The fluctuations in the operating ROA warrant further investigation to understand the factors driving the changes in profitability and asset utilization over the reporting periods.
Peer comparison
Dec 31, 2024