CoreCivic Historical Income Statement

CXW Stock  USD 15.65  0.18  1.14%   
Historical analysis of CoreCivic income statement accounts such as Interest Expense of 43.8 M, Selling General Administrative of 142.9 M or Total Revenue of 1.1 B can show how well CoreCivic performed in making a profits. Evaluating CoreCivic income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CoreCivic's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining CoreCivic latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CoreCivic is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCivic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.

About CoreCivic Income Statement Analysis

CoreCivic Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CoreCivic shareholders. The income statement also shows CoreCivic investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

CoreCivic Income Statement Chart

CoreCivic Income Statement is one of the three primary financial statements used for reporting CoreCivic's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CoreCivic revenue and expense. CoreCivic Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CoreCivic's Tax Provision is fairly stable compared to the past year.

Total Revenue

Total revenue comprises all receipts CoreCivic generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of CoreCivic minus its cost of goods sold. It is profit before CoreCivic operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CoreCivic. It is also known as CoreCivic overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from CoreCivic's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CoreCivic current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCivic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.At this time, CoreCivic's Tax Provision is fairly stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit525.6M431.5M306.9M342.0M
Total Revenue1.9B1.8B1.9B1.1B

CoreCivic income statement Correlations

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0.810.740.850.70.870.520.510.650.860.760.00.370.27-0.36-0.40.140.260.30.63-0.5-0.02-0.35
0.750.740.760.590.780.40.410.560.80.720.010.20.18-0.51-0.360.480.270.360.69-0.45-0.48-0.58
0.930.850.760.880.990.770.760.870.980.840.390.130.55-0.19-0.07-0.040.160.110.34-0.230.1-0.12
0.880.70.590.880.830.910.910.960.780.930.520.130.72-0.040.12-0.310.130.050.04-0.150.30.17
0.920.870.780.990.830.70.690.810.990.820.330.120.47-0.24-0.120.020.180.140.42-0.270.06-0.2
0.720.520.40.770.910.70.990.960.670.710.680.070.880.170.34-0.38-0.14-0.23-0.20.20.360.39
0.720.510.410.760.910.690.990.970.650.710.650.130.890.160.31-0.35-0.12-0.24-0.190.20.350.39
0.870.650.560.870.960.810.960.970.780.830.590.120.810.040.2-0.28-0.03-0.130.00.050.310.25
0.890.860.80.980.780.990.670.650.780.770.310.130.45-0.25-0.150.10.160.140.45-0.25-0.01-0.24
0.920.760.720.840.930.820.710.710.830.770.360.080.5-0.2-0.02-0.150.240.170.28-0.330.14-0.07
0.360.00.010.390.520.330.680.650.590.310.36-0.580.770.540.89-0.47-0.56-0.61-0.460.640.410.66
0.080.370.20.130.130.120.070.130.120.130.08-0.580.07-0.16-0.710.340.330.560.21-0.5-0.22-0.3
0.480.270.180.550.720.470.880.890.810.450.50.770.070.540.55-0.28-0.45-0.32-0.40.40.290.56
-0.21-0.36-0.51-0.19-0.04-0.240.170.160.04-0.25-0.20.54-0.160.540.66-0.22-0.74-0.35-0.640.580.290.68
-0.06-0.4-0.36-0.070.12-0.120.340.310.2-0.15-0.020.89-0.710.550.66-0.5-0.69-0.73-0.640.80.40.77
-0.080.140.48-0.04-0.310.02-0.38-0.35-0.280.1-0.15-0.470.34-0.28-0.22-0.5-0.060.410.63-0.29-0.92-0.74
0.150.260.270.160.130.18-0.14-0.12-0.030.160.24-0.560.33-0.45-0.74-0.69-0.060.590.26-0.720.0-0.52
0.110.30.360.110.050.14-0.23-0.24-0.130.140.17-0.610.56-0.32-0.35-0.730.410.590.41-0.91-0.44-0.57
0.390.630.690.340.040.42-0.2-0.190.00.450.28-0.460.21-0.4-0.64-0.640.630.260.41-0.58-0.52-0.75
-0.25-0.5-0.45-0.23-0.15-0.270.20.20.05-0.25-0.330.64-0.50.40.580.8-0.29-0.72-0.91-0.580.290.63
0.15-0.02-0.480.10.30.060.360.350.31-0.010.140.41-0.220.290.290.4-0.920.0-0.44-0.520.290.73
-0.08-0.35-0.58-0.120.17-0.20.390.390.25-0.24-0.070.66-0.30.560.680.77-0.74-0.52-0.57-0.750.630.73
Click cells to compare fundamentals

CoreCivic Account Relationship Matchups

CoreCivic income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization148.8M150.9M143.9M127.9M127.3M95.1M
Interest Expense84.4M83.3M85.5M85.0M73.0M43.8M
Selling General Administrative127.1M124.3M135.8M127.7M136.1M142.9M
Total Revenue2.0B1.9B1.9B1.8B1.9B1.1B
Gross Profit557.9M499.1M525.6M431.5M306.9M342.0M
Other Operating Expenses1.7B1.7B1.6B1.7B1.7B947.4M
Operating Income281.6M217.3M189.4M168.8M170.8M172.0M
Ebit281.6M217.3M189.4M168.8M170.8M176.5M
Ebitda430.4M368.2M333.3M296.7M298.1M271.6M
Cost Of Revenue1.4B1.4B1.3B1.4B1.6B854.4M
Total Operating Expenses271.7M275.2M270.5M255.6M136.1M198.6M
Net Income188.9M55.3M(51.9M)122.3M67.6M66.7M
Income Tax Expense7.8M4.4M138.0M43.0M28.2M23.2M
Income Before Tax196.7M59.7M86.1M165.3M95.8M113.1M
Total Other Income Expense Net(84.8M)(157.6M)(103.3M)(3.5M)(75.0M)(78.7M)
Net Income Applicable To Common Shares188.9M54.2M(51.9M)122.3M140.7M147.1M
Net Income From Continuing Ops188.9M55.3M(51.9M)122.3M65.6M122.1M
Non Operating Income Net Other(438K)(19.6M)38.6M88.7M102.0M107.1M
Non Recurring4.7M60.6M65.7M6.3M7.2M6.9M
Tax Provision7.8M4.4M138.0M43.0M26.1M31.6M
Interest Income84.4M83.3M85.5M85.0M97.7M83.2M
Net Interest Income(85.0M)(90.4M)(141.8M)(93.1M)(75.7M)(79.5M)
Reconciled Depreciation144.6M150.9M134.7M127.9M126.9M113.0M

CoreCivic Investors Sentiment

The influence of CoreCivic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CoreCivic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CoreCivic's public news can be used to forecast risks associated with an investment in CoreCivic. The trend in average sentiment can be used to explain how an investor holding CoreCivic can time the market purely based on public headlines and social activities around CoreCivic. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CoreCivic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CoreCivic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CoreCivic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CoreCivic.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CoreCivic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CoreCivic's short interest history, or implied volatility extrapolated from CoreCivic options trading.

Pair Trading with CoreCivic

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CoreCivic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CoreCivic will appreciate offsetting losses from the drop in the long position's value.

Moving against CoreCivic Stock

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The ability to find closely correlated positions to CoreCivic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoreCivic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CoreCivic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CoreCivic to buy it.
The correlation of CoreCivic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CoreCivic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoreCivic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CoreCivic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CoreCivic is a strong investment it is important to analyze CoreCivic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CoreCivic's future performance. For an informed investment choice regarding CoreCivic Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCivic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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Is CoreCivic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CoreCivic. If investors know CoreCivic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CoreCivic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.103
Earnings Share
0.59
Revenue Per Share
16.667
Quarterly Revenue Growth
0.042
Return On Assets
0.0336
The market value of CoreCivic is measured differently than its book value, which is the value of CoreCivic that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCivic's value that differs from its market value or its book value, called intrinsic value, which is CoreCivic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CoreCivic's market value can be influenced by many factors that don't directly affect CoreCivic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CoreCivic's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCivic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCivic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.