REITResearch

CoreCivic, Inc. CXW

Listed / Traded Specialty NYSE Mgmt:

CoreCivic is a diversified, government-solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through high-quality corrections and detention management, a network of residential and non-residential alternatives to incarceration to help address America s recidivism crisis, and government real estate solutions. We are the nation s largest owner of partnership correctional, detention and residential reentry facilities, and one of the largest operators of such facilities in the United States. We have been a flexible and dependable partner for government for more than 40 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good.

Snapshot

Price
$28.17
Market cap
$2.79B
Enterprise value
$3.97B
Dividend yieldi
6.25%
Annual dividendi
$1.76
Frequency
Quarterly
FFO / sharei
$0.64 · Q1 2026
Normalized FFO / sharei
$0.65 · Q1 2026
Net debt / EBITDAi
2.80x · Adj. EBITDA
Op. cash flow / sharei
$1.81
Price / OCFi
15.60
Payout (% of OCF)i
97.47%
Debt / book capitali
50.04%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / Normalized FFO / leverage are from the Q1 2026 earnings release (filed 2026-05-06) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2020-03-312020-04-012020-04-15 2020-02-20$0.44Quarterly
2020-01-032020-01-062020-01-15 2019-12-12$0.44Quarterly
2019-09-302019-10-012019-10-15 2019-08-15$0.44Quarterly
2019-06-282019-07-012019-07-16 2019-05-16$0.44Quarterly
2019-03-292019-04-012019-04-15 2019-02-21$0.44Quarterly
2018-12-312019-01-022019-01-15 2018-12-13$0.43Quarterly
2018-09-282018-10-012018-10-15 2018-08-16$0.43Quarterly
2018-06-292018-07-022018-07-16 2018-05-11$0.43Quarterly
2018-03-292018-04-022018-04-16 2018-02-22$0.43Quarterly
2017-12-292018-01-022018-01-15 2017-12-07$0.42Quarterly
2017-09-292017-10-022017-10-16 2017-08-10$0.42Quarterly
2017-06-292017-07-032017-07-17 2017-06-19$0.42Quarterly
2017-03-302017-04-032017-04-17 2017-02-17$0.42Quarterly
2016-12-292017-01-032017-01-13 2016-12-08$0.42Quarterly
2016-09-292016-10-032016-10-17 2016-08-11$0.54Quarterly
2016-06-292016-07-012016-07-15 2016-05-13$0.54Quarterly
2016-03-302016-04-012016-04-15 2016-02-19$0.54Quarterly
2015-12-302016-01-042016-01-15 2015-12-10$0.54Quarterly
2015-09-302015-10-022015-10-15 2015-08-13$0.54Quarterly
2015-06-302015-07-022015-07-15 2015-05-14$0.54Quarterly
2015-03-312015-04-022015-04-15 2015-02-20$0.54Quarterly
2014-12-302015-01-022015-01-15 2014-12-11$0.51Quarterly
2014-09-302014-10-022014-10-15 2014-08-14$0.51Quarterly
2014-06-302014-07-022014-07-15 2014-05-15$0.51Quarterly

Coverage (payout of operating cash flow): 97.47%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Balance sheet (latest FY: 2025)

Total debt
$1.22B
Cash
$112.45M
Net debt / EBITDAi
3.18x
Debt / book capitali
50.04%
Total assets
$3.26B
Total equity
$1.41B

Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $2.21B $116.50M $128.91M $348.31M $194.59M
2024 $1.96B $68.87M $128.01M $287.39M $269.15M
2023 $1.90B $67.59M $127.32M $296.10M $231.90M
2022 $1.85B $122.32M $127.91M $378.18M $153.58M
2021 $1.86B $-51.90M $134.74M $306.38M $263.23M
2020 $1.91B $55.34M $150.86M $293.88M $355.53M

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.