Damon Hininger on immigration detention
From CoreCivic, Inc CXW Q3 2025 Earnings Call · · Fyfull
“I've previously mentioned we have close to 24,000 beds that we have informed ICE could be available. We continue to believe that detention beds like these represent the best value and are the most humane, most efficient logistically, have the highest audit compliance scores in their system, are more secure, weatherproof, and are readily available.”
On , Damon Hininger, Chief Executive Officer & Director at CORECIVIC INC, spoke about immigration detention during CoreCivic, Inc CXW Q3 2025 Earnings Call on Fyfull.
About Damon Hininger
Damon Hininger, CEO of CoreCivic, has discussed the company's financial performance and strategic priorities in recent earnings calls and investor presentations. On the Q3 2025 earnings call, Hininger described the company's outlook as "breathtaking," citing expected record revenue of $2.5 billion and an annual EBITDA run rate over $450 million for 2026. He stated that the company plans to execute an "aggressive buyback plan" in the coming quarter, arguing that the current stock price reflects a "misalignment" with operating performance. Hininger also noted that CoreCivic has informed ICE of approximately 24,000 available beds, which he described as "the most humane, most efficient logistically" and having "the highest audit compliance scores." In a 2026 podcast appearance, Hininger discussed his career in the criminal justice system, which began as a correctional officer. He stated that "the vast majority of people in prison are going to come back on our communities" and argued for investments in education and vocational training to reduce recidivism. Hininger said CoreCivic has set targeted goals for educational attainment and has worked with state labor departments to align training with workforce needs. He also referenced political pressure to cancel ICE contracts, stating that critics have said, "If you guys will cut — cancel all your contracts with ICE, we'll continue to bank you."