Geo Group Inc (GEO)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	107,325	171,813	77,418	113,032	166,603
Total stockholders’ equity	US$ in thousands	1,291,770	1,166,400	976,211	913,102	996,830
ROE		8.31%	14.73%	7.93%	12.38%	16.71%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $107,325K ÷ $1,291,770K
= 8.31%

Geo Group, Inc.'s return on equity (ROE) has fluctuated over the last five years. The ROE was 6.90% at the end of 2023, showing a decrease compared to the prior year's 12.21%. This decline suggests that the company's ability to generate profits from its shareholders' equity has weakened. The 2023 ROE of 6.90% is also lower than the ROE in 2021 and 2020, indicating a downward trend in profitability efficiency. Further analysis of the factors contributing to this decline is recommended to understand the underlying reasons for the decrease in Geo Group, Inc.'s ROE.

Peer comparison

Dec 31, 2023

Company name

Symbol

ROE

Geo Group Inc

GEO

8.31%

Community Healthcare Trust Inc