CoreCivic Past Earnings Performance
Past criteria checks 3/6
CoreCivic has been growing earnings at an average annual rate of 29.3%, while the Commercial Services industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 4.6% per year. CoreCivic's return on equity is 8.9%, and it has net margins of 5.1%.
Key information
29.33%
Earnings growth rate
31.29%
EPS growth rate
| Commercial Services Industry Growth | 8.53% |
| Revenue growth rate | 4.58% |
| Return on equity | 8.89% |
| Net Margin | 5.15% |
| Last Earnings Update | 30 Jun 2026 |
Recent past performance updates
Recent updates
Narrative Update • Sep 05
CXW: Future Facility Sales To DHS Are Expected To Unlock Upside Potential
Analysts now set a revised CoreCivic fair value estimate of $41.80 per share, up from $39.60, citing higher price targets after recent facility sales, Q2 results that topped management expectations, and updated views on margins, revenue growth, and future P/E multiples. Analyst Commentary Recent research updates on CoreCivic point to a cluster of higher price targets and a focus on asset value, contract trends, and capital structure.
Narrative Update • Aug 22
CXW: Facility Sales And Debt Reduction Will Reshape Equity Profile
Analysts have raised their CoreCivic fair value estimate to $45 from $40, citing higher Street price targets in the $42 to $45 range and recent research that highlights Q2 results, asset sale valuations, and capital structure changes as key drivers behind the updated view. Analyst Commentary Bullish analysts are pointing to a more constructive setup for CoreCivic, with a cluster of higher price targets that now sit in the low to mid US$40 range.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 AlphaRevenue & Expenses Breakdown
Revenue & Expenses Breakdown
How CoreCivic makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 26 | 2,484 | 128 | 176 | 0 |
| 31 Mar 26 | 2,337 | 129 | 175 | 0 |
| 31 Dec 25 | 2,211 | 117 | 168 | 0 |
| 30 Sep 25 | 2,087 | 109 | 162 | 0 |
| 30 Jun 25 | 1,998 | 104 | 160 | 0 |
| 31 Mar 25 | 1,950 | 84 | 152 | 0 |
| 31 Dec 24 | 1,962 | 69 | 152 | 0 |
| 30 Sep 24 | 1,974 | 76 | 148 | 0 |
| 30 Jun 24 | 1,966 | 69 | 141 | 0 |
| 31 Mar 24 | 1,939 | 65 | 140 | 0 |
| 31 Dec 23 | 1,897 | 68 | 136 | 0 |
| 30 Sep 23 | 1,877 | 66 | 134 | 0 |
| 30 Jun 23 | 1,857 | 120 | 130 | 0 |
| 31 Mar 23 | 1,850 | 116 | 129 | 0 |
| 31 Dec 22 | 1,845 | 122 | 128 | 0 |
| 30 Sep 22 | 1,846 | 126 | 131 | 0 |
| 30 Jun 22 | 1,853 | 88 | 136 | 0 |
| 31 Mar 22 | 1,861 | 93 | 137 | 0 |
| 31 Dec 21 | 1,863 | -52 | 136 | 0 |
| 30 Sep 21 | 1,864 | -107 | 124 | 0 |
| 30 Jun 21 | 1,861 | -110 | 126 | 0 |
| 31 Mar 21 | 1,869 | -103 | 123 | 0 |
| 31 Dec 20 | 1,905 | 54 | 124 | 0 |
| 30 Sep 20 | 1,930 | 123 | 130 | 0 |
| 30 Jun 20 | 1,970 | 145 | 126 | 0 |
| 31 Mar 20 | 1,988 | 172 | 129 | 0 |
| 31 Dec 19 | 1,981 | 189 | 127 | 0 |
| 30 Sep 19 | 1,965 | 188 | 121 | 0 |
| 30 Jun 19 | 1,919 | 180 | 114 | 0 |
| 31 Mar 19 | 1,879 | 171 | 108 | 0 |
| 31 Dec 18 | 1,836 | 159 | 107 | 0 |
| 30 Sep 18 | 1,794 | 159 | 106 | 0 |
| 30 Jun 18 | 1,774 | 159 | 109 | 0 |
| 31 Mar 18 | 1,761 | 166 | 108 | 0 |
| 31 Dec 17 | 1,765 | 178 | 105 | 0 |
| 30 Sep 17 | 1,789 | 197 | 103 | 0 |
| 30 Jun 17 | 1,821 | 212 | 103 | 0 |
| 31 Mar 17 | 1,848 | 224 | 104 | 0 |
| 31 Dec 16 | 1,850 | 220 | 107 | 0 |
| 30 Sep 16 | 1,833 | 208 | 107 | 0 |
| 30 Jun 16 | 1,819 | 203 | 104 | 0 |
| 31 Mar 16 | 1,814 | 211 | 100 | 0 |
| 31 Dec 15 | 1,793 | 222 | 100 | 0 |
| 30 Sep 15 | 1,769 | 203 | 102 | 0 |
Quality Earnings: CXW has high quality earnings.
Growing Profit Margin: CXW's current net profit margins (5.1%) are lower than last year (5.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CXW has become profitable over the past 5 years, growing earnings by 29.3% per year.
Accelerating Growth: CXW's earnings growth over the past year (22.9%) is below its 5-year average (29.3% per year).
Earnings vs Industry: CXW earnings growth over the past year (22.9%) exceeded the Commercial Services industry 12.7%.
Return on Equity
High ROE: CXW's Return on Equity (8.9%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/13 02:09 |
| End of Day Share Price | 2026/09/11 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 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 |
| Michael Kodesch | Canaccord Genuity |
| Tan Wei | Deutsche Bank |