CoreCivic Return On Equity from 2010 to 2024

CXW Stock  USD 21.94  0.03  0.14%   
CoreCivic Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.04 in 2024. Return On Equity is a measure of the profitability of CoreCivic in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.04574415
Current Value
0.0362
Quarterly Volatility
0.07840731
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CoreCivic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CoreCivic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 94.8 M, Interest Expense of 43.8 M or Selling General Administrative of 142.9 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 1.0E-4 or PTB Ratio of 1.06. CoreCivic financial statements analysis is a perfect complement when working with CoreCivic Valuation or Volatility modules.
  
Check out the analysis of CoreCivic Correlation against competitors.
For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.

Latest CoreCivic's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of CoreCivic over the last few years. Return on Equity is the amount of CoreCivic net income returned as a percentage of CoreCivic equity. Return on equity measures CoreCivic profitability by revealing how much profit CoreCivic generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. CoreCivic's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CoreCivic's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.051810 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

CoreCivic Return On Equity Regression Statistics

Arithmetic Mean0.09
Geometric Mean0.09
Coefficient Of Variation90.95
Mean Deviation0.06
Median0.11
Standard Deviation0.08
Sample Variance0.01
Range0.3014
R-Value(0.17)
Mean Square Error0.01
R-Squared0.03
Significance0.54
Slope(0)
Total Sum of Squares0.09

CoreCivic Return On Equity History

2024 0.0362
2023 0.0457
2022 0.0854
2021 -0.0378
2020 0.0398
2019 0.14
2018 0.11

About CoreCivic Financial Statements

CoreCivic investors use historical fundamental indicators, such as CoreCivic's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in CoreCivic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.05  0.04 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for CoreCivic Stock Analysis

When running CoreCivic's price analysis, check to measure CoreCivic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CoreCivic is operating at the current time. Most of CoreCivic's value examination focuses on studying past and present price action to predict the probability of CoreCivic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoreCivic's price. Additionally, you may evaluate how the addition of CoreCivic to your portfolios can decrease your overall portfolio volatility.