Return On Equity ratio Analysis of CoreCivic Inc - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Poor ROE
4.44
Period Ending - Dec-22
Not Good ROE
8.54
Growth
-48.04 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Poor ROE
4.47
Most recent Quarter ROE
Period Ending - Mar-24
Poor ROE
0.661
ROE Analysis of CoreCivic Inc
ROE Ratio of CoreCivic Inc with value of 4.47 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of CoreCivic Inc with value of 0.661 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
ROE Ratio of CXW drastically fell by -48.04 % this year. |
ROE Ratio with value of 13.72 was highest in Year Dec-19 in last Five Years. |
ROE Ratio with value of -3.78 was lowest in Year Dec-21 in last Five Years. |
Latest ROE Ratio with value of 4.44 is lower than Average ROE of 5.38 in last five years. |
Other ROE Related Info of CXW that may interest you.
CoreCivic Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CXW | 11.55 | 11.61 | 0.517 % | Security & Protection Services |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..![Return On Equity Formula Return On Equity Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROERatio.jpg)
ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Equity of CoreCivic Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | 4.44 | 8.54 | -3.78 | 3.98 | 13.72 | 11.25 | 12.27 |
Change | -48.04 % | 325.84 % | -194.99 % | -70.99 % | 21.94 % | -8.27 % | -18.63 % |
FY Chart of Return On Equity of CoreCivic Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)