CoreCivic, Inc. (CXW) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.34	$0.38	+11.8%	—	$684.9M	—
Q1 26	$0.3	$0.4	+33.3%	—	$614.7M	—
Q3 25	$0.26	$0.24	-7.7%	—	$580.4M	—
Q2 25	$0.21	$0.36	+71.4%	—	$538.2M	—
Q1 25	$0.13	$0.23	+76.9%	—	$488.6M	—
Q4 24	$0.1	$0.16	+60.0%	—	$479.3M	—
Q3 24	$0.09	$0.2	+122.2%	—	$491.6M	—
Q2 24	$0.14	$0.2	+42.9%	—	$490.1M	—
Q1 24	$0.16	$0.25	+56.3%	—	$500.7M	—
Q4 23	$0.17	$0.23	+35.3%	—	$491.2M	—
Q3 23	$0.13	$0.12	-7.7%	—	$483.7M	—
Q2 23	$0.12	$0.13	+8.3%	—	$463.7M	—
Q1 23	$0.14	$0.11	-21.4%	—	$458M	—
Q4 22	$0.19	$0.21	+10.5%	—	$471.4M	—
Q3 22	$0.45	$0.58	+28.9%	—	$464.2M	—
Q2 22	$0.15	$0.09	-40.0%	—	$456.7M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.09	—	—	$2.2B	—
FY24	—	$0.62	—	—	$2B	—
FY23	—	$0.59	—	—	$1.9B	—
FY22	—	$1.03	—	—	$1.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.8B	$1.8B	$1.8B	$2B	$1.9B	$1.9B	$1.8B	$1.9B	$2B	$2.2B
YoY change	+3.16%	-4.56%	+3.98%	+7.89%	-3.8%	-2.25%	-0.93%	+2.78%	+3.43%	+12.7%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.8B	1.8B	1.8B	2B	1.9B	1.9B	1.8B	1.9B	2B	2.2B
Cost of revenue	1.3B	1.2B	1.3B	1.4B	1.4B	1.3B	1.4B	1.5B	1.5B	1.7B
Gross profit	574.2M	516M	520.5M	557.9M	499.1M	525.6M	431.5M	434.2M	468.3M	518.7M
Gross margin	31%	29.2%	28.4%	28.2%	26.2%	28.2%	23.4%	22.9%	23.9%	23.5%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	107M	107.8M	106.9M	127.1M	124.3M	135.8M	127.7M	136.1M	152.1M	169.6M
Operating expenses	107M	107.8M	106.9M	127.1M	124.3M	135.8M	127.7M	136.1M	152.1M	169.6M
Operating income	300.4M	261M	257.1M	286.3M	223.9M	255M	175.9M	170.8M	188.2M	220.2M
Operating margin	16.2%	14.8%	14%	14.5%	11.8%	13.7%	9.53%	9.01%	9.59%	9.96%
Non-operating income, net	-4.5M	-524K	-7.8M	-4.5M	-73.7M	-27.1M	82.4M	-1.3M	2.5M	-764K
Pretax income	228.2M	192M	167.6M	196.7M	59.7M	86.1M	165.3M	95.8M	92M	157.2M
Income tax	8.3M	13.9M	8.4M	7.8M	4.4M	138M	43M	28.2M	23.1M	40.7M
Net income	219.9M	178M	159.2M	188.9M	55.3M	-51.9M	122.3M	67.6M	68.9M	116.5M
Net margin	11.9%	10.1%	8.67%	9.54%	2.9%	-2.79%	6.63%	3.56%	3.51%	5.27%
EBITDA	466.7M	408.2M	412.5M	430.1M	368.2M	333.3M	296.7M	298M	287.2M	348.8M
EPS	1.87	1.51	1.34	1.59	0.45	-0.43	1.03	0.59	0.62	1.09
Diluted EPS	1.87	1.5	1.34	1.59	0.45	-0.43	1.03	0.59	0.62	1.08

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	483.7M	491.2M	500.7M	490.1M	491.6M	479.3M	488.6M	538.2M	580.4M	604M	614.7M	684.9M
Cost of revenue	377.3M	368.6M	378.1M	375.7M	370.8M	368.7M	374.7M	398.3M	449.6M	469.9M	467.7M	536M
Gross profit	106.4M	122.7M	122.6M	114.4M	120.7M	110.6M	113.9M	139.8M	130.9M	134.1M	147M	148.9M
Gross margin	22%	25%	24.5%	23.3%	24.6%	23.1%	23.3%	26%	22.5%	22.2%	23.9%	21.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	33.9M	36.9M	36.5M	33.9M	41.2M	40.5M	36M	43.9M	45.3M	44.4M	43.7M	44.1M
Operating expenses	33.9M	36.9M	36.5M	33.9M	41.2M	40.5M	36M	43.9M	45.3M	44.4M	43.7M	44.1M
Operating income	39.9M	53.7M	54.4M	48.3M	47.3M	38.2M	47.4M	64.8M	52.2M	55.8M	70M	69M
Operating margin	8.25%	10.9%	10.9%	9.86%	9.63%	7.96%	9.69%	12%	8.99%	9.23%	11.4%	10.1%
Non-operating income, net	-2.4M	1.1M	510K	444K	-1.2M	2.7M	-35K	-35K	983K	-1.7M	-8K	797K
Pretax income	19.5M	36.7M	9M	27.6M	30.2M	25.2M	32.1M	52.3M	36.6M	36.3M	52.3M	47.5M
Income tax	5.6M	10.3M	-500K	8.6M	9.1M	5.9M	7M	13.7M	10.3M	9.7M	14.4M	10.4M
Net income	13.9M	26.5M	9.5M	19M	21.1M	19.3M	25.1M	38.5M	26.3M	26.5M	37.9M	37.1M
Net margin	2.87%	5.39%	1.91%	3.87%	4.29%	4.02%	5.14%	7.16%	4.53%	4.39%	6.17%	5.42%
EBITDA	72.3M	86.1M	58.8M	76.8M	80.3M	71.2M	77.8M	95.9M	85.6M	89.4M	103.3M	105.6M
EPS	0.12	0.23	0.08	0.17	0.19	0.17	0.23	0.35	0.25	0.26	0.38	0.38
Diluted EPS	0.12	0.23	0.08	0.17	0.19	0.17	0.23	0.35	0.24	0.26	0.38	0.37

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2.9B	2.7B	2.1B	2.1B	783.1M	1.2B	1.4B	1.7B	2.4B	2B	3.1B
Enterprise value	4.3B	4.1B	3.9B	4B	2.6B	2.6B	2.6B	2.7B	3.3B	3.3B	4.4B
Shares outstanding	117.4M	118.1M	118.5M	119M	119.6M	120.2M	118.2M	113.8M	110.9M	107M	107M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	13.1	14.9	13.3	11	14.2	—	11.2	24.5	35	17.6	24.7
P/S	1.55	1.5	1.15	1.04	0.41	0.64	0.74	0.87	1.23	0.92	1.24
P/B	1.97	1.83	1.49	1.5	0.55	0.87	0.95	1.12	1.62	1.46	2.14
EV/EBITDA	9.25	10	9.44	9.37	7.16	7.76	8.78	9.19	11.5	9.46	11.5
EV/Sales	2.33	2.31	2.12	2.03	1.38	1.39	1.41	1.44	1.69	1.49	1.79
Earnings yield	7.66%	6.7%	7.53%	9.13%	7.07%	—	8.95%	4.09%	2.86%	5.7%	4.04%
FCF yield	9.82%	10.1%	9.52%	7.79%	34.7%	15.2%	5.28%	9.78%	8.21%	2.64%	0.78%
PEG	—	—	—	—	—	—	—	—	—	—	2.88

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	31%	29.2%	28.4%	28.2%	26.2%	28.2%	23.4%	22.9%	23.9%	23.5%	21.7%
Operating margin	16.2%	14.8%	14%	14.5%	11.8%	13.7%	9.53%	9.01%	9.59%	9.96%	10.2%
Net margin	11.9%	10.1%	8.67%	9.54%	2.9%	-2.79%	6.63%	3.56%	3.51%	5.27%	5.15%
ROE	15.1%	12.3%	11.3%	13.7%	3.92%	-3.78%	8.54%	4.57%	4.61%	8.29%	8.77%
ROA	6.72%	5.44%	4.36%	4.98%	1.49%	-1.48%	3.77%	2.18%	2.35%	3.58%	4.77%
ROIC	9.97%	8.41%	7.65%	8.23%	6.35%	0%	4.88%	4.7%	5.88%	6.14%	6.84%
Return on tangible assets	7.07%	5.74%	4.6%	5.16%	1.51%	-1.5%	3.8%	2.19%	2.37%	3.61%	3.83%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.1	1.13	1.02	1.18	2.29	1.84	1.14	1.6	1.57	1.66	1.32
Quick ratio	1.1	1.13	1.02	1.18	2.29	1.84	1.14	1.6	1.57	1.66	1.32
Debt / equity	1.02	1.02	1.3	1.49	1.39	1.23	0.97	0.82	0.68	0.96	0.95
Debt / assets	0.45	0.45	0.5	0.54	0.53	0.48	0.43	0.39	0.35	0.41	0.39
Net debt / EBITDA	3.1	3.5	4.32	4.56	5.03	4.16	4.17	3.64	3.15	3.59	3.22
Interest coverage	4.37	3.8	3.07	3.33	1.72	2.01	2.95	2.31	2.36	3.53	3.32
Effective tax rate	3.62%	7.25%	4.99%	3.98%	7.34%	100%	26%	29.5%	25.1%	25.9%	25.9%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	15.8	15	15.5	16.6	15.9	15.5	15.6	16.7	17.7	20.7	24.4
EPS (basic)	1.87	1.51	1.34	1.59	0.45	-0.43	1.03	0.59	0.62	1.09	1.09
EPS (diluted)	1.87	1.5	1.34	1.59	0.45	-0.43	1.03	0.59	0.62	1.08	1.26
Book value per share	12.4	12.3	11.9	11.6	11.8	11.4	12.1	13	13.5	13.1	14.5
FCF per share	2.4	2.27	1.7	1.35	2.27	1.52	0.61	1.42	1.78	0.5	0.58
Cash per share	0.32	0.44	0.45	0.77	0.95	2.49	1.26	1.07	0.97	0.91	1.1
Capex per share	0.36	0.15	0.49	1.14	0.23	—	—	—	—	1.31	1.44

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.26%	1%	3.17%	6.87%	1.45%	—	—	—	—	6.36%	5.75%
Capex / operating cash flow	11.1%	5.16%	18.1%	38.9%	9.79%	—	—	—	—	72.3%	71.4%
Payout ratio	116.2%	112.5%	128.3%	110.9%	191.5%	-4.83%	0.72%	0.19%	0.2%	0.04%	0%
Dividend yield	8.9%	7.54%	9.66%	10.1%	13.5%	0.21%	0.06%	0.01%	0.01%	0%	5.55%

Yield

5.55%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.44

ex-dividend Mar 31, 2020

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 31, 2020	$0.44
Jan 3, 2020	$0.44
Sep 30, 2019	$0.44
Jun 28, 2019	$0.44
Mar 29, 2019	$0.44
Dec 31, 2018	$0.43
Sep 28, 2018

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$483.7M	$491.2M	$500.7M	$490.1M	$491.6M	$479.3M	$488.6M	$538.2M	$580.4M	$604M	$614.7M	$684.9M
YoY change	+4.2%	+4.2%	+9.32%	+5.7%	+1.62%	-2.43%	-2.41%	+9.81%	+18.1%	+26%	+25.8%	+27.3%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	37.7M	52.2M	52.8M	92.1M	113.2M	299.6M	149.4M	121.8M	107.5M	97.9M
Receivables	229.9M	254.2M	270.6M	280.8M	267.7M	282.8M	312.4M	312.2M	288.7M	446.2M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	298.8M	327.5M	373.5M	435.4M	717.1M	627.4M	513.7M	474.9M	449.8M	611.1M
Property, plant & equipment	-672.2M	-672.6M	-660.1M	-603.4M	-627M	-721.9M	-793.5M	-959.7M	-1.1B	-1.1B
Goodwill & intangibles	158.8M	168.4M	196.4M	130.1M	33.5M	27.7M	25.1M	24M	23.1M	33.6M
Total assets	3.3B	3.3B	3.7B	3.8B	3.7B	3.5B	3.2B	3.1B	2.9B	3.3B
Accounts payable	49.9M	53.2M	96.6M	75.2M	85.4M	90.8M	89.7M	72M	72.9M	82.3M
Short-term debt	21.8M	21.6M	26.9M	66.9M	65.1M	66.4M	198.2M	46M	15.3M	39.6M
Total current liabilities	272.2M	290.8M	366.4M	368.8M	313.4M	341M	450.8M	297.5M	285.8M	368.9M
Long-term debt	1.5B	1.5B	1.8B	2B	1.9B	1.6B	1.2B	1.2B	997.5M	1.3B
Total liabilities	1.8B	1.8B	2.2B	2.4B	2.3B	2.1B	1.8B	1.6B	1.4B	1.9B
Shareholders' equity	1.5B	1.5B	1.4B	1.4B	1.4B	1.4B	1.4B	1.5B	1.5B	1.4B
Total debt	1.5B	1.5B	1.8B	2.1B	2B	1.7B	1.4B	1.2B	1B	1.4B
Net debt	1.4B	1.4B	1.8B	2B	1.9B	1.4B	1.2B	1.1B	905.4M	1.3B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	103.7M	121.8M	111.4M	60.2M	107.8M	107.5M	74.5M	130.5M	56.6M	97.9M	209.7M	108.9M
Receivables	269.4M	312.2M	274.3M	273.7M	264.8M	288.7M	282.1M	300.4M	351.4M	446.2M	479.8M	463.1M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	420M	474.9M	426.3M	383M	416.1M	449.8M	413.5M	487.4M	471.6M	611.1M	743.5M	666.9M
Property, plant & equipment	-1.8B	-959.7M	-1.8B	-1.9B	-1.9B	-1.1B	-1.9B	-2B	-2B	-1.1B	-2B	-2.1B
Goodwill & intangibles	9.7M	24M	9.7M	9.7M	9.7M	23.1M	9.7M	9.7M	17.1M	33.6M	17.1M	118.2M
Total assets	3.1B	3.1B	3B	2.9B	2.9B	2.9B	3B	3.1B	3.1B	3.3B	3.4B	3.5B
Accounts payable	290.4M	72M	254.1M	254.6M	262.8M	72.9M	—	—	319.6M	82.3M	—	390.4M
Short-term debt	14M	46M	110.5M	11.8M	12M	15.3M	13M	13.9M	14.8M	39.6M	16.6M	115.3M
Total current liabilities	304.4M	297.5M	364.6M	266.5M	274.7M	285.8M	266.6M	304M	334.4M	368.9M	305M	505.7M
Long-term debt	1.1B	1.2B	984.1M	1B	979.8M	997.5M	969.9M	1B	1B	1.3B	1.4B	1.2B
Total liabilities	1.6B	1.6B	1.6B	1.5B	1.4B	1.4B	1.5B	1.6B	1.6B	1.9B	2B	2B
Shareholders' equity	1.5B	1.5B	1.4B	1.4B	1.5B	1.5B	1.5B	1.5B	1.5B	1.4B	1.4B	1.4B
Total debt	1.1B	1.2B	1.1B	1B	991.8M	1B	982.9M	1B	1B	1.4B	1.4B	1.3B
Net debt	965.9M	1.1B	983.2M	958.8M	883.9M	905.4M	908.4M	889.9M	986.6M	1.3B	1.2B	1.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	219.9M	178M	159.2M	188.9M	55.3M	-51.9M	122.3M	67.6M	68.9M	116.5M
Depreciation & amortization	166.7M	147.1M	156.5M	144.6M	150.9M	134.7M	127.9M	127.3M	128M	128.9M
Stock-based compensation	17.9M	13.3M	13.1M	17.3M	17.3M	18.7M	17.6M	20.8M	25.7M	27.7M
Change in working capital	-25.3M	8.4M	-939K	-5.6M	34.5M	21M	-59.4M	8.4M	26.4M	-103.7M
Operating cash flow	375.2M	340.7M	321.3M	350M	281.9M	290.6M	236.9M	230M	269.3M	194.6M
Capital expenditure	-41.8M	-17.6M	-58.2M	-136.1M	-27.6M	—	—	—	—	-140.6M
Investing cash flow	-70M	-68.4M	-227.6M	-187.4M	69.2M	319.3M	154.4M	11.4M	17.3M	-206.1M
Dividends paid	-255.5M	-200.3M	-204.2M	-209.5M	-106M	-2.5M	-886K	-131K	-136K	-45K
Share repurchases	-4M	-5.8M	-3M	-3.5M	-3.6M	-1.6M	-79.9M	-43M	-77.2M	-229M
Financing cash flow	-284M	-208.8M	-12.2M	-65.7M	-350.8M	-611.7M	-375.2M	-331.2M	-222.2M	1.8M
Net change in cash	21.3M	63.5M	81.4M	96.9M	220K	-1.8M	16.2M	-89.9M	64.5M	-9.7M
Free cash flow	281.9M	267.6M	201.2M	161.1M	271.7M	182.3M	72.2M	161.6M	198M	54M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	13.9M	26.5M	9.5M	19M	21.1M	19.3M	25.1M	38.5M	26.3M	26.5M	37.9M	37.1M
Depreciation & amortization	32.5M	32.1M	31.7M	32.1M	32.2M	31.9M	30.5M	31.1M	33.4M	33.9M	33.3M	35.8M
Stock-based compensation	5.3M	5.3M	6.1M	5M	7.6M	7M	6.5M	7.4M	7.1M	6.6M	6.5M	6M
Change in working capital	25.3M	-42.1M	-683K	11.4M	31.6M	-15.9M	-26.3M	17.3M	-18.6M	-76.1M	-78.2M	52.1M
Operating cash flow	81.4M	22.8M	70.9M	68.1M	89.5M	40.8M	44.5M	96.7M	53.8M	-376K	13.8M	133M
Capital expenditure	—	—	—	—	—	—	—	-34.8M	-38.2M	-41.5M	-23.3M	-39.8M
Investing cash flow	353K	6.2M	8.3M	1.2M	4.6M	3.2M	1.1M	-35.1M	-106.7M	-39.3M	-22.8M	-39.5M
Dividends paid	0	0	-20K	-116K	0	0	0	-45K	0	0	—	—
Share repurchases	0	-12.5M	-49M	-20.2M	0	-8M	-50.6M	-43.3M	-40M	-95.1M	-55.1M	-48K
Financing cash flow	-3.3M	8.4M	-76.2M	-102.1M	-28.2M	-15.7M	-63.7M	-6.6M	-18.3M	80.4M	120.9M	-52.1M
Net change in cash	78.4M	37.4M	3.1M	-32.9M	66M	28.3M	-18.1M	55M	-71.2M	40.7M	111.9M	41.4M
Free cash flow	65.8M	-3.6M	58.3M	49.2M	73.4M	17.1M	18.4M	61.9M	15.6M	-41.9M	-9.5M	93.2M

Date	Ratio
Jul 9, 2007	2:1
Sep 14, 2006	3:2
May 18, 2001	1:10

CoreCivic, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history