CoreCivic (CXW) FY2021 results: revenue $1.9 billion, down 2.2% on the year
CoreCivic, Inc. (CXW) reported revenue of $1.9 billion for fiscal 2021, the year ended 31 December 2021, down 2.2% on the year before. Net income was -$52 million, and diluted earnings per share $-0.43. The figures are the company's own, from the 10-K it filed with the SEC on 18 February 2022.
Revenue
$1.9 billion
-2.2% on the year
FY2014FY2021
Operating margin
10.2%
8.5% a year earlier
FY2014FY2021
Net income
-$52 million
FY2014FY2021
Diluted EPS
-$0.43
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
263
356
354
-26.0%
Capital expenditure
81.5
159
191
-48.9%
Free cash flow
182
196
164
-7.3%
Free cash flow margin
9.8%
10.3%
8.3%
Cash from investing
238
13.0
-245
+1,738.5%
Cash from financing
-328
-351
-64.8
Depreciation and amortisation
135
151
145
-10.7%
Share-based compensation
18.7
17.3
17.3
+8.5%
Buybacks
1.6
3.6
3.5
-54.2%
Dividends paid
2.5
106
210
-97.6%
Dividend per share
$0.00
$0.44
$1.76
Diluted shares, weighted
120m
121m
119m
-0.6%
Shares outstanding at period end
120m
120m
119m
+0.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,372
1,390
1,377
-1.3%
Non-controlling interest
n/a
23.3
n/a
Debt
1,552
1,810
1,987
-14.2%
Operating lease liabilities
121
145
51.2
-16.2%
Other liabilities
453
342
377
+32.7%
Total liabilities and equity
3,499
3,709
3,792
-5.7%
Fixed assets
2,283
2,350
2,700
-2.9%
Goodwill
4.8
5.9
50.5
-17.9%
Intangible assets
9.0
10.9
n/a
-17.2%
Cash and equivalents
300
113
92.1
+164.7%
Receivables
283
268
281
+5.6%
Other assets
619
961
668
-35.6%
Total assets
3,499
3,709
3,792
-5.7%
10-K for the year ended 31 December 2021, filed 18 February 2022: the filing.