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