CoreCivic (CXW) FY2022 results: revenue $1.8 billion, down 0.9% on the year
CoreCivic, Inc. (CXW) reported revenue of $1.8 billion for fiscal 2022, the year ended 31 December 2022, down 0.9% on the year before. Net income was $122 million, and diluted earnings per share $1.03. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2023.
Revenue
$1.8 billion
-0.9% on the year
FY2015FY2022
Operating margin
9.2%
10.2% a year earlier
FY2015FY2022
Net income
$122 million
FY2015FY2022
Diluted EPS
$1.03
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
154
263
356
-41.7%
Capital expenditure
83.4
81.5
159
+2.4%
Free cash flow
70.1
182
196
-61.4%
Free cash flow margin
3.8%
9.8%
10.3%
Cash from investing
73.0
238
13.0
-69.4%
Cash from financing
-375
-328
-351
Depreciation and amortisation
128
135
151
-5.1%
Share-based compensation
17.6
18.7
17.3
-6.2%
Buybacks
79.9
1.6
3.6
+4,774.1%
Dividends paid
0.9
2.5
106
-64.7%
Dividend per share
$0.00
$0.00
$0.44
Diluted shares, weighted
119m
120m
121m
-0.9%
Shares outstanding at period end
115m
120m
120m
-4.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,432
1,372
1,390
+4.4%
Non-controlling interest
n/a
n/a
23.3
Debt
1,265
1,552
1,810
-18.5%
Operating lease liabilities
96.9
121
145
-20.1%
Other liabilities
451
453
342
-0.5%
Total liabilities and equity
3,245
3,499
3,709
-7.3%
Fixed assets
2,176
2,283
2,350
-4.7%
Goodwill
4.8
4.8
5.9
0.0%
Intangible assets
7.7
9.0
10.9
-14.2%
Cash and equivalents
149
300
113
-50.1%
Receivables
312
283
268
+10.5%
Other assets
594
619
961
-4.1%
Total assets
3,245
3,499
3,709
-7.3%
10-K for the year ended 31 December 2022, filed 21 February 2023: the filing.