Geo Group Inc (GEO)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 107,325 | 123,623 | 137,441 | 161,597 | 171,813 | 80,487 | 76,860 | 65,092 | 77,417 | 139,124 | 143,634 | 138,395 | 113,032 | 139,173 | 145,885 | 151,079 | 166,603 | 161,943 | 155,300 | 150,807 |
| Total stockholders’ equity | US$ in thousands | 1,291,770 | 1,259,900 | 1,233,710 | 1,200,360 | 1,166,400 | 1,111,860 | 1,071,110 | 1,022,080 | 976,211 | 1,018,880 | 986,181 | 941,256 | 913,102 | 933,283 | 945,250 | 958,346 | 996,830 | 1,007,790 | 1,022,270 | 1,027,560 |
| ROE | 8.31% | 9.81% | 11.14% | 13.46% | 14.73% | 7.24% | 7.18% | 6.37% | 7.93% | 13.65% | 14.56% | 14.70% | 12.38% | 14.91% | 15.43% | 15.76% | 16.71% | 16.07% | 15.19% | 14.68% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $107,325K ÷ $1,291,770K
= 8.31%
Geo Group, Inc.'s return on equity (ROE) has shown fluctuations over the past eight quarters. The ROE has ranged from a low of 5.18% in Q1 2022 to a high of 12.21% in Q4 2022. The trend indicates that the company's ROE was on an upward trajectory from Q1 2022 to Q4 2022 before experiencing a decline in the most recent Q4 2023.
The ROE values generally reflect the company's ability to generate profit from shareholders' equity. A higher ROE indicates that the company is efficiently utilizing its equity to generate profit. The fluctuations in Geo Group, Inc.'s ROE could be driven by changes in profitability, debt levels, or asset utilization efficiency.
It would be important to further investigate the factors influencing these fluctuations to determine the underlying reasons for the changes in ROE. Analyzing the company's financial performance, operational efficiency, and capital structure could provide insights into improving and sustaining ROE levels in the future.
Peer comparison
Dec 31, 2023