CoreCivic (CXW) financial statements
CoreCivic reported revenue of $2.2B in fiscal 2025, up 2.0% a year over 9 years.
Net income was $117M and the operating margin 9.9%, against 16.0% in 2016.
Free cash flow was $61M, and the company returned $45,000 in dividends and $229M in net buybacks.
The diluted share count fell 9% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from CoreCivic's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | $1.8B | $2.0B | $1.9B | $1.9B | $1.8B | $1.9B | $2.0B | $2.2B |
| Selling, general and admin | $107M | $108M | $107M | $127M | $124M | $136M | $128M | $136M | $152M | $170M |
| Operating income | $296M | $260M | $249M | $282M | $163M | $189M | $170M | $168M | $185M | $219M |
| Interest expense | — | — | — | $84M | $83M | $86M | $85M | $73M | $67M | $62M |
| Pre-tax income | $228M | $192M | $168M | $197M | $60M | $86M | $165M | $96M | $92M | $157M |
| Income tax | $8M | $14M | $8M | $8M | $4M | $138M | $43M | $28M | $23M | $41M |
| Net income | $220M | $178M | $159M | $189M | $54M | -$52M | $122M | $68M | $69M | $117M |
| EPS (diluted) | $1.87 | $1.50 | $1.34 | $1.59 | $0.45 | -$0.43 | $1.03 | $0.59 | $0.62 | $1.08 |
| Diluted shares | 118M | 118M | 119M | 119M | 121M | 120M | 118M | 114M | 111M | 107M |
| Operating margin | 16.0% | 14.7% | 13.6% | 14.2% | 8.5% | 10.2% | 9.2% | 8.9% | 9.4% | 9.9% |
| Net margin | 11.9% | 10.1% | 8.7% | 9.5% | 2.8% | -2.8% | 6.6% | 3.6% | 3.5% | 5.3% |
Balance sheet
Fiscal years, from CoreCivic's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $38M | $52M | $53M | $92M | $113M | $300M | $149M | $122M | $107M | $98M |
| Receivables | $230M | $254M | $271M | $281M | $268M | $283M | $312M | $312M | $289M | $446M |
| Total current assets | $299M | $327M | $374M | $435M | $717M | $627M | $514M | $475M | $450M | $611M |
| Property, plant and equipment | $2.8B | $2.5B | $2.8B | $2.7B | $2.4B | $2.3B | $2.2B | $2.1B | $2.1B | $2.1B |
| Goodwill | $38M | $41M | $48M | $51M | $6M | $5M | $5M | $5M | $5M | $9M |
| Total assets | $3.3B | $3.3B | $3.7B | $3.8B | $3.7B | $3.5B | $3.2B | $3.1B | $2.9B | $3.3B |
| Total current liabilities | $272M | $291M | $366M | $369M | $313M | $341M | $451M | $297M | $286M | $369M |
| Long-term debt | $1.4B | $1.4B | $1.8B | $1.9B | $1.7B | $1.5B | $1.1B | $1.1B | $973M | $1.2B |
| Total liabilities | $1.8B | $1.8B | $2.2B | $2.4B | $2.3B | $2.1B | $1.8B | $1.6B | $1.4B | $1.9B |
| Shareholders' equity | $1.5B | $1.5B | $1.4B | $1.4B | $1.4B | $1.4B | $1.4B | $1.5B | $1.5B | $1.4B |
| Net debt | $1.4B | $1.4B | $1.7B | $1.9B | $1.7B | $1.2B | $1.1B | $973M | $878M | $1.1B |
Cash flow
Fiscal years, from CoreCivic's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $375M | $341M | $323M | $354M | $356M | $263M | $154M | $232M | $269M | $195M |
| Capital spending | $52M | $56M | $63M | $57M | $56M | $62M | $58M | $65M | $62M | $133M |
| Free cash flow | $324M | $285M | $259M | $297M | $299M | $201M | $95M | $167M | $207M | $61M |
| Stock-based compensation | $18M | $13M | $13M | $17M | $17M | $19M | $18M | $21M | $26M | $28M |
| Dividends paid | $255M | $200M | $204M | $210M | $106M | $3M | $886,000 | $131,000 | $136,000 | $45,000 |
| Share buybacks (net) | -$4M | -$6M | -$3M | -$4M | -$4M | -$2M | -$80M | -$43M | -$77M | -$229M |
| Net borrowing | $384M | $466M | $802M | $1.1B | $342M | $705M | $85M | $240M | $535M | $423M |
| Free cash flow margin | 17.5% | 16.2% | 14.1% | 15.0% | 15.7% | 10.8% | 5.2% | 8.8% | 10.5% | 2.8% |
| Dividends per share | $2.17 | $1.69 | $1.72 | $1.76 | $0.88 | $0.02 | $0.01 | $0.00 | $0.00 | $0.00 |
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Open CXW in InvestinglyQuestions
What was CoreCivic's revenue in 2025?
$2.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does CoreCivic generate?
$61M in fiscal 2025 (operating cash flow minus capital spending).
From CoreCivic's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.