Geo Group Inc (GEO)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 10,273 | 138,048 | 229,820 | 192,822 | 124,128 |
| Revenue | US$ in thousands | 2,423,700 | 2,413,170 | 2,376,730 | 2,256,610 | 2,350,100 |
| Pretax margin | 0.42% | 5.72% | 9.67% | 8.54% | 5.28% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $10,273K ÷ $2,423,700K
= 0.42%
Geo Group Inc's pretax margin has shown some fluctuations over the past five years. It increased from 5.28% in December 2020 to 8.54% in December 2021, indicating improved profitability before taxes. The trend continued with a further increase to 9.67% by December 2022, representing a significant growth in the company's ability to generate earnings relative to its revenues.
However, there seems to have been a decline in the pretax margin in December 2023, dropping to 5.72%. This decrease may indicate potential challenges or increased costs impacting the company's profitability during that period.
Furthermore, by December 2024, Geo Group Inc experienced a substantial decrease in pretax margin to 0.42%, highlighting a significant decline in profitability compared to the previous years. This sharp decline could be a red flag for investors and may warrant further investigation into the company's financial health and performance during that period.
Overall, Geo Group Inc's pretax margin trend demonstrates a mix of growth, stability, and potential challenges over the five-year period, indicating fluctuations in the company's ability to generate profits before accounting for tax expenses.
Peer comparison
Dec 31, 2024