Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. The GEO Group's annualized net income for the quarter that ended in Sep. 2024 was MXN2,073 Mil. The GEO Group's average shareholder tangible equity for the quarter that ended in Sep. 2024 was MXN7,861 Mil. Therefore, The GEO Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 26.37%.
The historical rank and industry rank for The GEO Group's Return-on-Tangible-Equity or its related term are showing as below:
MEX:GEO1'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.36 Med: 92.11 Max: 789.81
Current: 10.36
During the past 13 years, The GEO Group's highest Return-on-Tangible-Equity was 789.81%. The lowest was 10.36%. And the median was 92.11%.
MEX:GEO1's Return-on-Tangible-Equity is ranked worse than 52.22% of 992
companies
in the Business Services industry
Industry Median: 11.405
vs MEX:GEO1: 10.36
The GEO Group Return-on-Tangible-Equity Historical Data
The historical data trend for The GEO Group's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of The GEO Group's Return-on-Tangible-Equity
For the Security & Protection Services subindustry, The GEO Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The GEO Group's Return-on-Tangible-Equity Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, The GEO Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The GEO Group's Return-on-Tangible-Equity falls into.
The GEO Group Return-on-Tangible-Equity Calculation
The GEO Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Sep. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
The GEO Group (MEX:GEO1) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
The GEO Group Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of The GEO Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
The GEO Group Inc specializes in detention facilities and community reentry centers. It operates in four segments: U.S. Secure Services, which mainly encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.
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