CoreCivic, Inc. (CXW) intrinsic value & 10-year financials
CoreCivic, Inc. (CXW) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 2.0% a year to $2.2B, with an average return on invested capital of 5.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $30.67
- Market cap
- $3.3B
- Revenue (FY2025)
- $2.2B
- Revenue growth (10-yr CAGR)
- 2.0%
- ROIC (10-yr avg)
- 5.2%
- Free cash flow (FY2025)
- $52.8M
CXW 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.2B | $116.5M | $1.08 | $52.8M | — | 4.6% |
| FY2024 | $2.0B | $68.9M | $0.62 | $198.7M | — | 2.8% |
| FY2023 | $1.9B | $67.6M | $0.59 | $164.2M | — | 2.6% |
| FY2022 | $1.8B | $122.3M | $1.03 | $70.1M | — | 4.6% |
| FY2021 | $1.9B | -$51.9M | -$0.43 | $181.7M | — | -1.8% |
| FY2020 | $1.9B | $54.2M | $0.45 | $196.0M | 8.5% | 4.6% |
| FY2019 | $2.0B | $188.9M | $1.59 | $163.6M | 14.2% | 8.4% |
| FY2018 | $1.8B | $159.2M | $1.34 | -$164.3M | 13.6% | 7.9% |
| FY2017 | $1.8B | $178.0M | $1.50 | $226.6M | 14.7% | 8.5% |
| FY2016 | $1.8B | $219.9M | $1.87 | $240.8M | 16.0% | 10.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
CoreCivic, Inc. has demonstrated mature, steady growth, with revenue compounding at 2.0% annually over the past decade.
CoreCivic, Inc. has historically struggled to out-earn its cost of capital, averaging just 5.2% ROIC.
CoreCivic, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, CoreCivic, Inc. is modeled at -5.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-3.11 per share.