CoreCivic Balance Sheet Health
Financial Health criteria checks 3/6
CoreCivic has a total shareholder equity of $1.4B and total debt of $1.3B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are $3.5B and $2.0B respectively. CoreCivic's EBIT is $248.9M making its interest coverage ratio 3.3. It has cash and short-term investments of $108.9M.
Key information
93.64%
Debt to equity ratio
US$1.35b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$108.93m |
| Equity | US$1.44b |
| Total liabilities | US$2.02b |
| Total assets | US$3.46b |
Recent financial health updates
Analysis Article • Jul 04
CoreCivic (NYSE:CXW) Has A Somewhat Strained Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jan 05
Is CoreCivic (NYSE:CXW) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Recent updates
Narrative Update • Aug 08
CXW: Future Facility Sales And ICE Contracts Are Expected To Unlock Upside Potential
Analysts have lifted the CoreCivic fair value estimate from $36.40 to $39.60, citing higher price targets across the Street in the $35 to $45 range, supported by recent facility sales, capital structure changes, and new or expanded government contracts. Analyst Commentary Recent Street research on CoreCivic focuses on higher price targets tied to asset sales, capital structure decisions, and new government contracts.Seeking Alpha • Jul 22
CoreCivic: Reassuring Asset Sales, But The Dividend Is Still Missing
Summary CoreCivic has rallied ~400% since 2020, validating its post-REIT strategy and balance sheet repair. Q1 revenue surged 26% to $614.7M, with adjusted EBITDA up 36% and occupancy gains driven by increased ICE demand and facility reactivations. Recent $1.5B asset sales validated real estate values and will significantly deleverage CXW, reducing pro forma net debt to ~$245M. I remain neutral as the current price reflects favorable demand, no dividend has been reinstated, and future capital allocation remains uncertain. Read the full article on Seeking AlphaNarrative Update • Jul 11
CXW: Future Facility Sales And ICE Contracts Will Drive Earnings Potential
CoreCivic's fair value estimate has been raised from $33 to $36.40 as analysts point to higher price targets, new ICE contracts, facility sales to the U.S. Department of Homeland Security, and potential capacity expansion as key supports for improved earnings potential and valuation. Analyst Commentary Recent research on CoreCivic centers on higher price targets tied to new ICE contracts, planned government facility purchases, and balance sheet changes following large asset sales.
New Narrative • Jun 27
Idle Detention Capacity And New Healthcare Platform Will Drive Stronger Future Prospects
Catalysts About CoreCivic CoreCivic operates correctional and detention facilities and related services for federal, state and local government partners across the United States. What are the underlying business or industry changes driving this perspective?Narrative Update • Jun 26
CXW: Future Facility Sales And ICE Demand Set Balanced Opportunity Risk Profile
Analysts have raised their CoreCivic fair value estimate from $29.88 to $33.00, citing higher Street price targets of up to $40 and growing confidence that government initiatives to acquire private detention facilities and the resumption of ICE enforcement activities remain on track. Analyst Commentary Recent Street research around CoreCivic highlights a mix of optimism about policy trends and facility valuations, alongside practical questions about timing and execution.Analysis Article • Jun 21
CoreCivic (CXW) Stock Looks Rich After Its Recent Run But How Overvalued Is It
After a strong run in recent months, CoreCivic (CXW) is drawing attention as investors look more closely at how its $2.3b in annual revenue and $129.3m in net income align with today’s valuation. See our latest analysis for CoreCivic. CoreCivic’s recent momentum is strong, with a 34.4% 1 month share price return and a 51.9% year to date share price return contributing to a 205.8% 3 year total shareholder return, suggesting sentiment has shifted materially since earlier years. If CoreCivic’s...Analysis Article • Jan 06
Are Investors Undervaluing CoreCivic, Inc. (NYSE:CXW) By 20%?
Key Insights Using the 2 Stage Free Cash Flow to Equity, CoreCivic fair value estimate is US$24.65 CoreCivic is...Analysis Article • Nov 09
CoreCivic, Inc. Just Missed EPS By 9.4%: Here's What Analysts Think Will Happen Next
Shareholders might have noticed that CoreCivic, Inc. ( NYSE:CXW ) filed its third-quarter result this time last week...Narrative Update • Sep 16
Government Funding Will Activate Idle Detention Facilities
Despite anticipated sales and contract opportunities from increased immigration enforcement, analyst concerns over execution risks and profitability have led to a downward revision in CoreCivic’s consensus price target from $31.50 to $29.88. Analyst Commentary Anticipated passage of the "One Big Beautiful Bill Act" includes significant funding increases for immigration enforcement, likely driving greater demand for detention capacity and positively impacting CoreCivic’s business.Analysis Article • Sep 09
What Is CoreCivic, Inc.'s (NYSE:CXW) Share Price Doing?
CoreCivic, Inc. ( NYSE:CXW ), is not the largest company out there, but it saw significant share price movement during...Analysis Article • Jul 20
CoreCivic, Inc. (NYSE:CXW) Not Flying Under The Radar
CoreCivic, Inc.'s ( NYSE:CXW ) price-to-earnings (or "P/E") ratio of 26.9x might make it look like a sell right now...Analysis Article • Jul 04
CoreCivic (NYSE:CXW) Has A Somewhat Strained Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • May 08
Shareholders Will Most Likely Find CoreCivic, Inc.'s (NYSE:CXW) CEO Compensation Acceptable
Key Insights CoreCivic to hold its Annual General Meeting on 15th of May CEO Damon Hininger's total compensation...Analysis Article • Apr 06
Some Shareholders Feeling Restless Over CoreCivic, Inc.'s (NYSE:CXW) P/E Ratio
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 16x, you may...Analysis Article • Mar 19
When Should You Buy CoreCivic, Inc. (NYSE:CXW)?
While CoreCivic, Inc. ( NYSE:CXW ) might not have the largest market cap around , it saw a decent share price growth of...Analysis Article • Mar 04
CoreCivic's (NYSE:CXW) Earnings Offer More Than Meets The Eye
CoreCivic, Inc.'s ( NYSE:CXW ) recent earnings report didn't offer any surprises, with the shares unchanged over the...Seeking Alpha • Feb 21
CoreCivic: Analysts Fear Is Unwarranted (Rating Upgrade)
Summary CoreCivic experienced significant volatility due to unwarranted Analysts fear and sector concerns, presenting a buying opportunity. Despite recent weak guidance for 2025, CoreCivic's management expressed optimism about future growth, particularly with ICE and the US Marshals Service. Q4 2024 results showed a decline in net income due to contract termination, but overall fiscal performance remained strong with $2 billion in revenue. Future demand for detention beds is expected to rise significantly, contingent on a new bill and budget from Congress, potentially benefiting CoreCivic. Read the full article on Seeking AlphaAnalysis Article • Feb 13
Results: CoreCivic, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
The yearly results for CoreCivic, Inc. ( NYSE:CXW ) were released last week, making it a good time to revisit its...Seeking Alpha • Feb 05
CoreCivic: The Picture Has Changed, But The Rating Hasn't
Summary CoreCivic's stock surged 60.7% due to a favorable political climate, despite earlier setbacks from contract losses under the previous administration. The company's revenue and profitability have improved, driven by higher occupancy rates and lower variable expenses, making it near the low end of fair value. With significant contracts from ICE and USMS, CoreCivic stands to benefit from increased government investments in detention facilities under the current administration. While currently rated as a 'hold,' positive financial results or further political shifts could push CXW stock into 'buy' territory. Read the full article on Seeking AlphaAnalysis Article • Feb 02
CoreCivic (NYSE:CXW) Could Be At Risk Of Shrinking As A Company
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Analysis Article • Jan 05
Is CoreCivic (NYSE:CXW) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Dec 23
With EPS Growth And More, CoreCivic (NYSE:CXW) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Dec 11
CoreCivic, Inc. (NYSE:CXW) Shares Could Be 35% Below Their Intrinsic Value Estimate
Key Insights CoreCivic's estimated fair value is US$34.01 based on 2 Stage Free Cash Flow to Equity CoreCivic is...Seeking Alpha • Nov 23
CoreCivic: Potential Policy Tailwinds, Not Enough To Move The Needle
Summary CXW's potential upside hinges on new US government policies, particularly increased funding for ICE, which could boost revenues despite the Private Prison EO. Current valuations reflect market optimism, but historical returns on capital are below market rates, indicating limited economic value on offer. Free cash flow has increased due to asset disposals, not operational success. Read the full article on Seeking AlphaAnalysis Article • Nov 07
CoreCivic, Inc.'s (NYSE:CXW) 38% Price Boost Is Out Of Tune With Earnings
CoreCivic, Inc. ( NYSE:CXW ) shareholders have had their patience rewarded with a 38% share price jump in the last...Analysis Article • Oct 29
Is Now An Opportune Moment To Examine CoreCivic, Inc. (NYSE:CXW)?
CoreCivic, Inc. ( NYSE:CXW ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...Analysis Article • Sep 21
Getting In Cheap On CoreCivic, Inc. (NYSE:CXW) Is Unlikely
With a median price-to-earnings (or "P/E") ratio of close to 18x in the United States, you could be forgiven for...Financial Position Analysis
Short Term Liabilities: CXW's short term assets ($666.9M) exceed its short term liabilities ($505.7M).
Long Term Liabilities: CXW's short term assets ($666.9M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: CXW's net debt to equity ratio (86.1%) is considered high.
Reducing Debt: CXW's debt to equity ratio has reduced from 115.4% to 93.6% over the past 5 years.
Debt Coverage: CXW's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: CXW's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/10 12:32 |
| End of Day Share Price | 2026/08/07 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
CoreCivic, Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Manav Patnaik | Barclays |
| William Sutherland | Benchmark Company |
| Michael Kodesch | Canaccord Genuity |