Geo Group Inc (GEO)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 31,966 | 41,707 | 39,906 | 101,990 | 107,325 | 123,623 | 130,898 | 145,883 | 149,557 | 58,231 | 55,198 | 45,404 | 62,851 | 124,558 | 135,017 | 136,975 | 113,032 | 139,173 | 145,885 | 151,079 |
| 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 |
| ROA | 0.88% | 1.15% | 1.10% | 2.77% | 2.90% | 3.32% | 3.56% | 3.94% | 3.98% | 1.57% | 1.21% | 0.99% | 1.39% | 2.71% | 2.96% | 3.09% | 2.53% | 3.28% | 3.44% | 3.61% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $31,966K ÷ $3,632,080K
= 0.88%
Geo Group Inc's return on assets (ROA) has fluctuated over the past few years, indicating varying levels of efficiency in utilizing its assets to generate profits. The ROA was relatively stable around 3% in the earlier periods from March 2020 to March 2022, before experiencing a decline in the subsequent quarters. The ROA dropped to as low as 0.88% by December 2024, which suggests a decrease in the company's ability to generate earnings from its assets.
The declining trend in ROA from around 3% to below 1% implies potential challenges in asset management or declining profitability. It is important for the company to closely monitor its asset utilization and profitability to improve its ROA and overall financial performance in the future. The ROA can be influenced by factors such as operational efficiency, revenue generation, cost management, and asset turnover, all of which should be assessed to enhance the company's financial health.
Peer comparison
Dec 31, 2024