Geo Group Inc (GEO)

Return on total capital

		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
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	361,016	386,700	396,003	406,083	399,262	374,350	353,860	327,085	329,607	293,343	292,298	284,749	260,332	287,376	300,505	314,357	334,275	334,131	327,420	319,523
Long-term debt	US$ in thousands	1,725,500	1,789,270	1,845,650	1,883,960	1,933,140	1,961,400	2,574,060	2,626,470	2,625,960	2,629,010	2,632,330	2,494,990	1,933,140	2,343,340	2,371,560	2,370,890	2,408,300	2,355,720	2,354,530	2,433,430
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
Return on total capital		11.96%	12.68%	12.86%	13.17%	12.88%	12.18%	9.71%	8.96%	9.15%	8.04%	8.08%	8.29%	9.15%	8.77%	9.06%	9.44%	9.82%	9.93%	9.70%	9.23%

December 31, 2023 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $361,016K ÷ ($1,725,500K + $1,291,770K)
= 11.96%

Geo Group, Inc.'s return on total capital has been generally increasing over the past eight quarters, from 7.81% in Q1 2022 to 12.74% in Q1 2023. This indicates improved efficiency in generating profits from the company's total capital employed. The return on total capital peaked at 12.74% in Q1 2023, which suggests that the company has been effectively utilizing its capital resources to generate returns for shareholders. Overall, the trend shows a positive performance in terms of capital efficiency and profitability for Geo Group, Inc.

Peer comparison

Dec 31, 2023

Company name

Symbol

Return on total capital

Geo Group Inc

GEO

11.96%

Community Healthcare Trust Inc