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Side-by-side financial comparison of CoreCivic, Inc. (CXW) and SPX Technologies, Inc. (SPXC). Click either name above to swap in a different company.

CoreCivic, Inc. is the larger business by last-quarter revenue ($604.0M vs $566.8M, roughly 1.1× SPX Technologies, Inc.). SPX Technologies, Inc. runs the higher net margin — 10.6% vs 4.4%, a 6.2% gap on every dollar of revenue. On growth, CoreCivic, Inc. posted the faster year-over-year revenue change (26.0% vs 22.0%). SPX Technologies, Inc. produced more free cash flow last quarter ($11.3M vs $-45.1M). Over the past eight quarters, CoreCivic, Inc.'s revenue compounded faster (9.8% CAGR vs 6.3%).

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 70 state and federal correctional and detention facilities in the U.S.

SPX Technologies, Inc. is an American manufacturing company, headquartered in Charlotte, North Carolina. The company operates within four markets: heating, ventilation, and air conditioning (HVAC), detection and measurement, power transmission and generation, and engineered solutions. Examples of SPX’s products include cooling towers and boilers, underground pipe and cable locators, power transformers, and heat exchangers. Brands include Waukesha, Dielectric, Genfare, Fahrenheat, Radiodetecti...

CXW vs SPXC — Head-to-Head

Bigger by revenue
CXW
CXW
1.1× larger
CXW
$604.0M
$566.8M
SPXC
Growing faster (revenue YoY)
CXW
CXW
+4.0% gap
CXW
26.0%
22.0%
SPXC
Higher net margin
SPXC
SPXC
6.2% more per $
SPXC
10.6%
4.4%
CXW
More free cash flow
SPXC
SPXC
$56.4M more FCF
SPXC
$11.3M
$-45.1M
CXW
Faster 2-yr revenue CAGR
CXW
CXW
Annualised
CXW
9.8%
6.3%
SPXC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CXW
CXW
SPXC
SPXC
Revenue
$604.0M
$566.8M
Net Profit
$26.5M
$59.9M
Gross Margin
Operating Margin
6.0%
15.5%
Net Margin
4.4%
10.6%
Revenue YoY
26.0%
22.0%
Net Profit YoY
37.7%
17.0%
EPS (diluted)
$0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CXW
CXW
SPXC
SPXC
Q1 26
$566.8M
Q4 25
$604.0M
$637.3M
Q3 25
$580.4M
$592.8M
Q2 25
$538.2M
$552.4M
Q1 25
$488.6M
$482.6M
Q4 24
$479.3M
$533.7M
Q3 24
$491.6M
$483.7M
Q2 24
$490.1M
$501.3M
Net Profit
CXW
CXW
SPXC
SPXC
Q1 26
$59.9M
Q4 25
$26.5M
$77.9M
Q3 25
$26.3M
$62.7M
Q2 25
$38.5M
$52.2M
Q1 25
$25.1M
$51.2M
Q4 24
$19.3M
$57.1M
Q3 24
$21.1M
$50.2M
Q2 24
$19.0M
$44.2M
Gross Margin
CXW
CXW
SPXC
SPXC
Q1 26
Q4 25
39.8%
Q3 25
40.4%
Q2 25
41.4%
Q1 25
40.6%
Q4 24
40.9%
Q3 24
40.9%
Q2 24
40.1%
Operating Margin
CXW
CXW
SPXC
SPXC
Q1 26
15.5%
Q4 25
6.0%
15.7%
Q3 25
6.3%
16.4%
Q2 25
9.7%
15.7%
Q1 25
6.6%
13.8%
Q4 24
5.2%
16.9%
Q3 24
6.1%
16.3%
Q2 24
5.6%
14.9%
Net Margin
CXW
CXW
SPXC
SPXC
Q1 26
10.6%
Q4 25
4.4%
12.2%
Q3 25
4.5%
10.6%
Q2 25
7.2%
9.4%
Q1 25
5.1%
10.6%
Q4 24
4.0%
10.7%
Q3 24
4.3%
10.4%
Q2 24
3.9%
8.8%
EPS (diluted)
CXW
CXW
SPXC
SPXC
Q1 26
Q4 25
$0.26
$1.56
Q3 25
$0.24
$1.28
Q2 25
$0.35
$1.10
Q1 25
$0.23
$1.09
Q4 24
$0.18
$1.21
Q3 24
$0.19
$1.06
Q2 24
$0.17
$0.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CXW
CXW
SPXC
SPXC
Cash + ST InvestmentsLiquidity on hand
$97.9M
$156.5M
Total DebtLower is stronger
$667.3M
Stockholders' EquityBook value
$1.4B
$2.3B
Total Assets
$3.3B
$3.9B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CXW
CXW
SPXC
SPXC
Q1 26
$156.5M
Q4 25
$97.9M
$364.0M
Q3 25
$56.6M
$229.4M
Q2 25
$130.5M
$132.8M
Q1 25
$74.5M
$177.8M
Q4 24
$107.5M
$156.9M
Q3 24
$107.8M
$124.8M
Q2 24
$60.2M
$128.1M
Total Debt
CXW
CXW
SPXC
SPXC
Q1 26
$667.3M
Q4 25
$496.7M
Q3 25
$499.8M
Q2 25
$950.3M
Q1 25
$872.0M
Q4 24
$577.0M
Q3 24
$665.2M
Q2 24
$509.9M
Stockholders' Equity
CXW
CXW
SPXC
SPXC
Q1 26
$2.3B
Q4 25
$1.4B
$2.2B
Q3 25
$1.5B
$2.1B
Q2 25
$1.5B
$1.5B
Q1 25
$1.5B
$1.4B
Q4 24
$1.5B
$1.4B
Q3 24
$1.5B
$1.4B
Q2 24
$1.4B
$1.3B
Total Assets
CXW
CXW
SPXC
SPXC
Q1 26
$3.9B
Q4 25
$3.3B
$3.6B
Q3 25
$3.1B
$3.4B
Q2 25
$3.1B
$3.3B
Q1 25
$3.0B
$3.1B
Q4 24
$2.9B
$2.7B
Q3 24
$2.9B
$2.8B
Q2 24
$2.9B
$2.8B
Debt / Equity
CXW
CXW
SPXC
SPXC
Q1 26
0.29×
Q4 25
0.22×
Q3 25
0.23×
Q2 25
0.62×
Q1 25
0.60×
Q4 24
0.42×
Q3 24
0.49×
Q2 24
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CXW
CXW
SPXC
SPXC
Operating Cash FlowLast quarter
$-376.0K
Free Cash FlowOCF − Capex
$-45.1M
$11.3M
FCF MarginFCF / Revenue
-7.5%
2.0%
Capex IntensityCapex / Revenue
7.4%
3.3%
Cash ConversionOCF / Net Profit
-0.01×
TTM Free Cash FlowTrailing 4 quarters
$52.8M
$268.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CXW
CXW
SPXC
SPXC
Q1 26
Q4 25
$-376.0K
$195.2M
Q3 25
$53.8M
$106.5M
Q2 25
$96.7M
$42.5M
Q1 25
$44.5M
$-10.9M
Q4 24
$39.3M
$166.5M
Q3 24
$91.5M
$51.4M
Q2 24
$68.1M
$57.5M
Free Cash Flow
CXW
CXW
SPXC
SPXC
Q1 26
$11.3M
Q4 25
$-45.1M
$126.7M
Q3 25
$16.1M
$96.1M
Q2 25
$61.9M
$34.8M
Q1 25
$20.0M
$-16.4M
Q4 24
$16.0M
$156.7M
Q3 24
$73.7M
$43.5M
Q2 24
$49.3M
$47.1M
FCF Margin
CXW
CXW
SPXC
SPXC
Q1 26
2.0%
Q4 25
-7.5%
19.9%
Q3 25
2.8%
16.2%
Q2 25
11.5%
6.3%
Q1 25
4.1%
-3.4%
Q4 24
3.3%
29.4%
Q3 24
15.0%
9.0%
Q2 24
10.1%
9.4%
Capex Intensity
CXW
CXW
SPXC
SPXC
Q1 26
3.3%
Q4 25
7.4%
10.7%
Q3 25
6.5%
1.8%
Q2 25
6.5%
1.4%
Q1 25
5.0%
1.1%
Q4 24
4.9%
1.8%
Q3 24
3.6%
1.6%
Q2 24
3.8%
2.1%
Cash Conversion
CXW
CXW
SPXC
SPXC
Q1 26
Q4 25
-0.01×
2.51×
Q3 25
2.04×
1.70×
Q2 25
2.51×
0.81×
Q1 25
1.77×
-0.21×
Q4 24
2.04×
2.92×
Q3 24
4.34×
1.02×
Q2 24
3.59×
1.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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