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CoreCivic

Logo: Corrections Corporation of America, Public domain, via Wikimedia Commons4

American private prison operator

CoreCivic, Inc. is an American private prison operator and one of the largest for-profit prison, jail and detention contractors in the United States.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1983Founded1

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  • TickerCXW on NYSE1
  • Industryindustry, private prison1
  • HeadquartersNashville1
  • Founded inNashville1
  • Websitewww.corecivic.com
  • Legal formpublic company1
  • Incorporated inMD5
  • Business address5501 Virginia Way, Brentwood, Tn 370275
  • Filer categoryLarge accelerated filer5
EdenDetCenterEdenTX
Photo: WhisperToMe, Public domain, via Wikimedia Commons7

CoreCivic, Inc. is an American private prison operator and one of the largest for-profit prison, jail and detention contractors in the United States. It has been the target of divestment campaigns, FBI investigations and lawsuits alleging civil rights violations and forced labor at some of its owned or operated 82 state and federal correctional and detention facilities in the U.S.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

5.3%Net margin8
12.7%Revenue growth, 20258
8.3%Return on equity8
0.86×Debt to equity8

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Safety brought in 94% of the revenue CoreCivic broke down this way in fiscal 2025.

  1. Safety$2.1B894%up 14% from 2024
  2. Community$122.8M86%up 4% from 2024
  3. Properties$18.7M81%down 28% from 2024
Business segments by year
Business segments202320242025
Safety$1.7B$1.8B$2.1B
Community$115.1M$118.7M$122.8M
Properties$49.9M$26.1M$18.7M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs90¢$2.0B
  • Interest3¢$62.2M
  • Income tax2¢$40.7M
  • Profit5¢$116.5M

Out of $2.2B in revenue.8

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid0¢$45.0K
  • Share buybacks100¢$229.0M

Out of $194.6M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.8

Financial statements

Revenue91011128$2.2B in 2025+12% since 2019
0$1.0B$2.0B$3.0B2019: $2.0B$2.0B20192020: $1.9B$1.9B2020−4%2021: $1.9B$1.9B2021−2%2022: $1.8B$1.8B2022−1%2023: $1.9B$1.9B2023+3%2024: $2.0B$2.0B2024+3%2025: $2.2B$2.2B2025+13%
Operating income13$162.7M in 2020−42% since 2019
0$100.0M$200.0M$300.0M2019: $281.6M$281.6M20192020: $162.7M$162.7M2020−42%
Net income9108$116.5M in 2025−38% since 2019
-$100.0M0$100.0M$200.0M2019: $188.9M$188.9M20192020: $54.2M$54.2M2020−71%2021: -$51.9M-$51.9M20212022: $122.3M$122.3M20222023: $67.6M$67.6M2023−45%2024: $68.9M$68.9M2024+2%2025: $116.5M$116.5M2025+69%

Every line of the income statement in the latest annual report, as filed.8

Period ending2025-12-312024-12-312023-12-31
REVENUE$2.2B$2.0B$1.9B
Operating$1.7B$1.5B$1.5B
General and administrative$169.6M$152.1M$136.1M
Depreciation and amortization$128.9M$128.0M$127.3M
Asset impairments$1.5M$3.1M$2.7M
Costs and Expenses, Total$2.0B$1.8B$1.7B
Interest expense, net-$62.2M-$67.4M-$73.0M
Expenses associated with debt repayments and refinancing transactions$0-$31.3M-$686.0K
Gain on sale of real estate assets, net$1.0M$3.3M$798.0K
Other income (expense)-$289.0K$2.3M$576.0K
INCOME BEFORE INCOME TAXES$157.2M$92.0M$95.8M
Income tax expense-$40.7M-$23.1M-$28.2M
NET INCOME$116.5M$68.9M$67.6M
BASIC EARNINGS PER SHARE$1.09$0.62$0.59
DILUTED EARNINGS PER SHARE$1.08$0.62$0.59

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The story

Founded by Thomas W. Beasley in 1983, in Nashville.1

Corrections Corporation of America (CCA) was founded in Nashville, Tennessee, on January 28, 1983, by Thomas W. Beasley, Robert Crants and T. Don Hutto. Beasley served as the chairman of the Tennessee Republican Party; Crants was the chief financial officer of a real estate company in Nashville; Hutto was the president-elect of the American Correctional Association, and according to a 2018 Time investigation, ran a Manhattan-sized Tennessee cotton plantation where Black convicts picked cotton for no pay. A founding member of its board of directors was Maurice Sigler, the former chairman of the United States Board of Parole. The initial investment came from Jack C. Massey, co-founder of the Hospital Corporation of America. An early investor prior to the IPO was Vanderbilt University Law School, where Beasley had completed his Juris Doctor degree. Additionally, the Tennessee Valley Authority was another early financial backer.

CCA, CoreCivic's predecessor, was launched amid the 1980's Tennessee prison crisis, when a federal judge ruled the state prisons "unfit for human habitation" due to lack of medical care, overcrowding and violent outbreaks. Beasley's goal was to solve the prison crisis and make a big profit at the same time.

Early contracts

In 1984, CCA turned the Olympic Motel in Houston into a make-shift detention center after contracting with the United States Immigration and Naturalization Service (INS).

In 1984, CCA also took over the operations of the Tall Trees non-secure juvenile facility, for the Juvenile Court of Memphis and Shelby County. Two years later, CCA built the 200-bed Shelby Training Center in Memphis to house juvenile male offenders.

In 1989, it opened the New Mexico Women's Correctional Facility in Grants, New Mexico; it had constructed this facility of 204 beds.

In the 1980s, CCA officials met with representatives of the Mitterrand administration in France. They did not win any contracts there for CCA prisons.

In 1990, CCA opened the first medium-security privately operated prison, the state-owned Winn Correctional Center, in Winn Parish, Louisiana.

It opened the Leavenworth Detention Center, operated for the U.S. Marshals Service, in 1992. This 256-bed facility was the first maximum-security private prison under direct contract to a federal agency.

Read the full text

CCA entered the United Kingdom in 1992, when it entered a partnership with Mowlem and Sir Robert McAlpine to form UK Detention Services. It opened the 650-bed Blackenhurst prison in Worcestershire, England.

In 2011, responding to an initiative from the state of Ohio to reduce "overhead costs by saving $13 million annually while adding 700 beds to house inmates in the overcrowded system", CCA agreed to buy the Lake Erie Correctional Institution for $72.7 million. This is a change in company policy, as previously CCA had always constructed its own prisons. The purchase was contingent on the Ohio Department of Rehabilitation and Correction agreeing to a high level of occupancy under the contract. The state failed to find buyers for many other prisons which it offered for sale.

In 2012, CCA sent a letter to prison officials in 48 states, offering to buy prisons from these states in exchange for a 20-year management contract with a guaranteed occupancy rate of 90%. Many community organizations have criticized the proposals, arguing that the contractual obligations of states to fill the prisons to 90% occupancy are poor public policy, creating an incentive to criminalize behavior and lengthen sentences in order to keep the prisons filled. They believe that these contractual clauses end up costing taxpayers more than state-run prisons and add to over-incarceration.

Later contracts

In 2016, the Obama administration provided the CCA a $1 billion no-bid contract to detain asylum seekers from Central America.

CCA was renamed CoreCivic in October 2016.

In 2018, Williamson County commissioners in Taylor, Texas, voted 4–1, in the wake of a widely publicized crisis of immigrant family separation to end the county's participation in an Intergovernmental Agreement (IGA) with CoreCivic, effective in 2019. The T. Don Hutto Residential Center in Taylor was holding imprisoned mothers separated from their children.

In 2020, CoreCivic announced it would withdraw from its contract to operate the Metro Detention Facility in Nashville, Tennessee, where CoreCivic was the target of frequent protests.

In 2025, the Trump administration awarded CoreCivic a $130-million U.S. Immigration and Customs Enforcement (ICE) contract to reopen a state prison in California City, located in the remote Mojave Desert. After reopening the prison as a detention center with a 2,560 bed capacity, CoreCivic met with criticism for not obtaining required city permits and for keeping detainees "locked behind metal doors in cold cells for most of the day". One hundred detainees organized a hunger strike to protest "inhumane" conditions, such as denial of medication, backed up toilets, and segregation units.

In 2025, the Trump administration awarded CoreCivic $100 million contract to reopen Oklahoma's 2,160-bed Diamondback Correctional Facility that had been closed since 2010.

In 2025, CoreCivic announced it would reopen South Texas Family Residential Center, under ICE contract, with capacity to detain up to 2,400 people.

In 2025, the Trump administration awarded CoreCivic a $60 million contract to operate a 1,033 bed detention center in Leavenworth, Kansas, though the operation stalled amid legal disagreement over a special use permit.

Federal investigations

After a 15-month investigation, the Federal Bureau of Investigation (FBI) decided in 2015 not to prosecute CoreCivic under federal corruption statutes for alleged falsification of staffing records and understaffing at the Idaho Correctional Center (ICC).The FBI said any falsification of records could be attributed to low-level employees with no intention of defrauding the state of Idaho.

In August 2024, the U.S. Department of Justice (DOJ) launched a federal civil rights investigation into CoreCivic's management of the Trousdale Turner Correctional Center in Tennessee. The investigation centered on reports of dangerous prison conditions, including sexual abuse, murders, staffing shortages and high turn-over rates among guards.

In 2025, the FBI launched an investigation of CoreCivic guards smuggling drugs at the Cibola County Correctional Center (CCCC) in New Mexico, where 20% of those at the facility are immigrants in ICE custody and where at least 15 Cibola detainees have died prematurely since 2018.

Ending contracts with private prisons

On August 18, 2016, Deputy U.S. Attorney General Sally Yates announced that the Justice Department intended to end its Bureau of Prisons contracts with for-profit prison operators, because its own analysis concluded "the facilities are both less safe and less effective at providing correctional services" than the Federal Bureau of Prisons. In a memorandum, Yates continued, for-profit "prisons served an important role during a difficult period, but time has shown that they compare poorly to our own Bureau facilities. They simply do not provide the same level of correctional services, programs, and resources; they do not save substantially on costs; and as noted in a recent report by the Department's Office of Inspector General, they do not maintain the same level of safety and security. The rehabilitative services that the Bureau provides, such as educational programs and job training, have proved difficult to replicate and outsource and these services are essential to reducing recidivism and improving public safety." Following Yates' announcement, U.S. Homeland Security Secretary Jeh C. Johnson announced that they would be reviewing the government's use of private detention facilities for housing undocumented immigrants.

In 2017, however, after the change in administrations, officials under President Donald Trump said that both the Department of Justice and Department of Homeland Security would continue to use private prisons.

In 2021, President Biden ordered the Justice Department not to renew contracts with private prison companies, such as CoreCivic and GEO Group.

In 2025, President Trump reversed former President Biden's executive order banning Department of Justice contracts with private prisons.

Employment issues

In 2002 CCA agreed to pay more than $152,000 in back wages to 96 Oklahoma women denied employment because of gender discrimination. A U.S. Department of Labor audit showed women applicants, who were equally or better qualified than men hired, were rejected.

In 2008 CCA was ranked as one of the 100 best corporate citizens by Corporate Responsibility Officer magazine. The national military magazine GI Jobs highlighted CCA as a solid employer for veterans. In 2010 it ranked CCA as one of the "Top 50 Military Friendly Jobs".

But in 2010, a Muskogee, Oklahoma federal court jury found CCA guilty of violating the employment rights of a shift supervisor by terminating his job when he was deployed to Iraq. It determined that CCA should pay about $53,000 in damages for violation of the Uniformed Services Employment and Re-employment Rights Act.

Between 2022-2024, the state of Tennessee fined CoreCivic more than $29.5 million for inadequate staffing at four facilities. The Trousdale Turner Correctional Center had a 188% turnover rate in 2023, and understaffing is cited as cause in a lawsuit related to an inmate's death and a civil rights investigation by the US Department of Justice.

CCA has been criticized for hiring executives from agencies with which it has contracted, in what is known as a "revolving door" of personnel. For instance, Harley Lappin and J. Michael Quinlan, former directors of the Federal Bureau of Prisons, were hired soon after they resigned from BOP following scandal at the agency.

Termination of employee with ties to Neo-Nazi website

In 2019 an anonymous leak of data from the Neo-Nazi website Iron March provided analysts with user data including usernames, private messages, email addresses, and IP addresses that enabled identification of some of the site's users. Travis Frey, a captain at the Nevada Southern Detention Center, operated by CoreCivic, was identified as the Iron March user named "In Hoc Signo Vinces", a phrase used on the insignia of the Marine All-Weather Fighter Attack Squadron 533. Frey joined Iron March in 2013 and posted on the site in 2016 and 2017, while working at a CoreCivic location in Indianapolis. In January 2020, Frey was placed on administrative leave and later fired by CoreCivic.

Role in deporting people on false pretenses

In 2025, a CoreCivic employee, Charles Cross Jr., played an instrumental role in characterizing a gay Venezuelan makeup artist as a member of the Tren de Aragua gang, which the Trump administration used as justification to deport the Venezuelan man to El Salvador's Terrorism Confinement Center. Cross was fired from the Milwaukee Police Department in 2016 for driving a car into a family's home while drunk. CoreCivic hired him four months later.

Business practices

CoreCivic has been accused of maximizing profits by using forced labor in their immigration detention facilities, paying as little as $1 per day. They have faced numerous lawsuits for violating anti-trafficking laws.

In 2021 CoreCivic agreed to pay $56 million to settle a lawsuit from shareholders accusing the company of inflating stock prices. One shareholder, Amalgamated Bank, claims a $1.2 million loss from 2016. The lawsuit also alleges CoreCivic "ran unsafe, low quality prisons that caused multiple deaths and did not save money". U.S. District Judge Aleta Trauger declined to dismiss the case due to evidence from CoreCivic internal communications.

From Wikipedia’s article on CoreCivic, shared under CC BY-SA 4.0.6

Leadership

Who has led CoreCivic, and when. Pick a name to see everywhere that person has worked.

Products and brands

Colorado

CCA closed the Huerfano County Correctional Center in Walsenburg, Colorado, in 2010. CCA appealed an initial county assessment of $30.5 million in property taxes for 2010. CCA's contract with the county had specified that CCA would pay only $19 million for 2011 and $15 million for each of the next three years.

It also closed Kit Carson Correctional Facility in Burlington, Colorado, in 2016.

Kentucky

As of June 2013, the state of Kentucky did not renew its contract with CCA for the Marion Adjustment Center in St. Mary, Kentucky. This was its last contract for private operations at the time, temporarily ending three decades of contracting with private companies to operate prisons for the state.

Until 2015, the Lee Adjustment Center, in Beattyville, Lee County, Kentucky, held Vermont prisoners in addition to those from Kentucky. In September 2004 a riot broke out involving Kentucky and Vermont prisoners. In November 2017, due to facility overcrowding, the Kentucky Department of Corrections signed a contract allowing CoreCivic to reactivate the vacant prison to house up to 800 male inmates. These inmates would be transferred from the Kentucky State Reformatory. The facility reopened and began accepting inmates in March 2018.

Read the full text

The Otter Creek Correctional Center, located in Wheelwright, Floyd County, Kentucky, reported a riot in July 2001, involving male prisoners from Kentucky and Indiana. It was closed by CCA and converted to a women's prison. In August 2009, following numerous reports of sexual abuse of female inmates from Hawaii and Kentucky by staff, including a chaplain, Hawaii removed its inmates from Otter Creek. CCA closed the facility in 2013. The prison was leased to the Kentucky Department of Corrections and reopened under state management as the Southeast State Correctional Complex in September 2020.

Minnesota

Appleton, Minnesota, in Swift County, is home to a vacant medium-security prison, the Prairie Correctional Facility, which CCA closed in 2010. Although the state corrections needed additional capacity, neither the Department of Corrections nor the governor favored leasing the prison or contracting with CCA to operate it. In November 2015, state Corrections Commissioner Tom Roy said he was not ruling out use of Appleton, but said he did not like the basic principle underlying private prisons. "The notion of incarceration for profit", he said, "I don't think is very popular in this state." Results of a study reported in 2018 that opening the facility would be too costly.

However, in 2026, Appleton officials announced that they would be reopening the Prairie Correctional Facility as a 1,600 bed ICE detention center. According to KARE 11, "CoreCivic's proposal, also called a memorandum of understanding, includes paying Swift County $200,000 in September and another $540,000 every year thereafter. But the agreement is just that - and it's not binding."

Oklahoma

In May 2004 rioting broke out at the Diamondback Correctional Facility in Watonga, Oklahoma, constructed in 1998. CCA closed it in 2010 after losing a federal contract. The town hoped to find other uses for the facility, but the prison was still vacant as of March 2017. The North Fork Correctional Facility, in Sayre, Oklahoma, near the Texas border, was constructed in 1998. Rioting occurred again in April and June 2000, and in October 2011. It was closed in November 2015.

In January 2016, Joe Allbaugh, best known for managing the gubernatorial campaign of George W. Bush and serving as the Director of the Federal Emergency Management Agency prior to Hurricane Katrina, was appointed by Governor Mary Fallin as the Interim Corrections Director of Oklahoma. He had no correctional experience.

In 2016, Allbaugh initiated a contract to lease North Fork from CCA. He directed the transfer of state prisoners to North Fork from county jail work centers located closer to major cities like Tulsa and Oklahoma City. In the work centers, the inmates were closer to their families and worked in their communities performing maintenance functions such as litter pickup and park maintenance. The move would make it more difficult for families and friends to maintain the connections with inmates.

The contract negotiated by Allbaugh's staff to lease CCA's empty 2,600-bed for-profit prison in Sayre while closing the state's 15 inmate work centers was voted on in May 2016, by the Oklahoma Department of Corrections. No one was authorized to discuss the contract publicly.

Kansas

In late 2021, Leavenworth Detention Center, owned by CoreCivic since 1992, was closed due to President Biden's executive order on private prisons. In 2025, CoreCivic prepared to reopen the once-maximum security prison to hold up to 1,000 ICE detainees, despite a court order blocking the reopening. The City of Leavenworth argued CoreCivic lacked a necessary special use permit to reopen the facility. Nevertheless, CoreCivic advertised job openings, made roof repairs and erected a new sign with the facility's new name, Midwest Regional Reception Center.

Illegal recording and transmittal of attorney meetings at Leavenworth

On September 7, 2016, Kansas City District Court Judge Julie A. Robinson found CoreCivic illegally recorded phone calls between attorneys and their incarcerated pre-trial clients at its Leavenworth, Kansas prison. Defense attorneys representing inmates objected after discovering their privileged conferences with clients had been recorded, despite CoreCivic having repeatedly assured them the meetings would be kept private. Robinson scolded prosecutors for speeding forward with an alleged prison contraband case, which she called a "horrendous situation". Robinson said, "You all need to get your act together" and authorized wide latitude devoted to an investigation into recordings of phone calls and video of meetings between attorneys and inmates at Leavenworth Detention Center. Robinson said she planned to order the U.S. Department of Justice to pay for the investigation, which is expected to cost hundreds of thousands of dollars. Prosecutors said they obtained the recordings inadvertently while gathering evidence of a prison contraband ring that could have involved as many as 95 inmates and 60 non-inmates. A grand jury subpoena issued to the U.S. Attorney's office resulted in the provision of illegal recordings of meetings between attorneys and clients. Dozens of attorney-client phone calls were provided to other lawyers in the case. Robinson said it appeared the rights of some inmates had been violated. The FBOP forbids recording in attorney-client meeting rooms yet CoreCivic contends that silent video recordings of inmate-attorney meetings "are a standard practice" throughout the country and are used for prison security.

In August 2016, Robinson ordered the recordings be halted. CoreCivic offered prisoners attorneys an option that such recordings be disabled for case conferences with their clients but a defense attorney informed the court that calls between himself and a client at Leavenworth had been recorded despite his multiple requests that such recordings end and his receipt of assurances from CoreCivic that the practice had been terminated. Barry Pollack, president of the National Association of Criminal Defense Lawyers said, "You have a failure on the part of the institution that is recording something that it shouldn't be. Here, they turned it over to the prosecutors." "Anyone facing prison time needs legal counsel, and essentially, they aren't getting it." The illegalities involved caused review of sentencing in cases. One defendant, Michelle Reulet, was released almost three years early after it was learned CCA illegally shared recordings of her meetings with her attorney with the U.S. Prosecutor's office.

Tennessee

In late 2021, the West Tennessee Detention Facility in Mason, Tennessee, was closed due to President Biden's executive order on private prisons.

From Wikipedia’s article on CoreCivic, shared under CC BY-SA 4.0.6

Subsidiaries and ownership

Owners

  • The Vanguard Group

From Wikidata.1

Former names

  • CORRECTIONS CORP OF AMERICAFeb 14, 2002 to Nov 10, 20165
  • CORRECTIONS CORP OF AMERICA/MDNov 8, 2000 to Jan 3, 20025
  • PRISON REALTY TRUST INCMay 17, 1999 to Feb 17, 20005
  • PRISON REALTY CORPOct 16, 1998 to May 14, 19995
  • Corrections Corporation of Americauntil 20161

Timeline

  1. Jul 15, 1997Went public Listed on NYSE1
  2. 1983Founded Founded in Nashville1

Recent filings

  1. Oct 5, 20263
  2. Oct 2, 20264
  3. Sep 30, 2026144
  4. Sep 25, 20268-K
  5. Sep 11, 20264
  6. Sep 10, 2026144
  7. Sep 1, 20264
  8. Aug 31, 2026144
  9. Aug 26, 20264
  10. Aug 26, 20264
  11. Aug 26, 20264
  12. Aug 25, 20264
  13. Aug 24, 2026144
  14. Aug 21, 2026144
  15. Aug 21, 20264

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2