GEO GROUP INC GEO

Industrials SIC 1520 - General Bldg Contractors - Residential Bldgs NYSE

We specialize in the ownership, leasing and management of secure facilities, processing centers and reentry facilities and the provision of community-based services in the United States, Australia and South Africa. We own, lease and operate a broad range of secure facilities including maximum, medium and minimum-security facilities, processing centers, as well as community-based reentry facilities. We develop new facilities based on contract awards, using our project development expertise and experience to design, construct and finance what we believe are state-of-the-art facilities. We provide innovative technologies, industry-leading monitoring services, and evidence-based supervision and treatment programs for community-based programs. We also provide secure transportation services domestically and in the United Kingdom through our joint venture GEOAmey Ltd. ("GEOAmey"). As of December 31, 2025, our worldwide operations include the management and/or ownership of approximately 75,000 beds at 95 secure and community-based facilities, including idle facilities, and also includes the provision of reentry and electronic monitoring and supervision services for thousands of individuals, including an array of technology products including radio frequency, GPS, and alcohol monitoring devices.

Last close 31.77 2026-09-04
Market cap $4.18B 2026-06-30 share count
52-week range 12.51 - 33.15

Valuation FY2025 figures against the last close

P/S1.6x
P/E17.5x
P/FCF
EV/EBITDA14.8x
Dividend yield
Diluted EPS1.82

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.63B$2.42B$2.41B$2.38B$2.26B$2.35B$2.48B$2.33B$2.26B$2.18B
SG&A $235.9M$213.0M$190.8M$197.0M$204.3M$193.4M$185.9M$184.5M$190.3M$148.7M
Operating income $257.5M$310.0M$352.4M$383.9M$288.1M$229.4M$303.1M$264.7M$248.3M$265.6M
Interest expense $160.5M$190.6M$218.3M$164.6M$129.5M$126.8M$151.0M$150.1M$148.0M$128.7M
Pre-tax income $335.5M$38.6M$138.0M$229.8M$192.8M$124.1M$173.5M$149.3M$151.9M$149.5M
Income tax $85.7M$9.4M$35.4M$62.9M$122.7M$20.5M$16.6M$14.1M$18.0M$7.9M
Net income $254.4M$32.0M$107.3M$171.8M$77.4M$113.0M$166.6M$145.1M$146.2M$148.7M
EPS, basic 1.850.230.731.180.590.941.401.211.221.34
EPS, diluted 1.820.220.721.170.580.941.401.201.211.33
Shares, diluted (wtd. avg.) $139.7M$134.1M$123.7M$122.3M$120.7M$120.0M$119.3M$120.7K$120.8M$111.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $69.0M$76.9M$94.0M$143.8M$548.3M$311.9M$67.5M$84.5M$133.5M$90.4M
Receivables $593.5M$376.0M$390.0M$416.4M$365.6M$362.7M$431.0M$445.5M$389.9M$356.3M
Inventory $41.0M$35.9M$25.1M$20.7M$9.0M
Total current assets $718.5M$500.2M$528.5M$555.0M$943.9M$711.3M$541.7M$601.8M$579.7M$697.7M
Property, plant and equipment $1.88B$1.90B$1.94B$2.00B$2.04B$2.12B$2.14B$2.16B$2.08B$1.90B
Goodwill $756.0M$756.0M$755.2M$755.2M$755.2M$755.2M$776.4M$776.4M$779.0M$615.4M
Other intangibles $117.3M$126.6M$135.9M$147.7M$166.1M$187.7M$210.1M$232.4M$255.3M$203.9M
Total assets $3.84B$3.63B$3.70B$3.76B$4.54B$4.46B$4.32B$4.26B$4.23B$3.75B
Accounts payable $58.7M$67.5M$64.4M$79.3M$64.1M$85.9M$99.2M$93.0M$92.6M$79.6M
Short-term debt $1.4M$1.6M$55.9M$44.7M$18.6M$26.6M$24.5M$335.4M$28.9M$238.1M
Total current liabilities $356.9M$340.2M$437.5M$437.2M$378.8M$411.3M$395.9M$705.2M$369.6M$504.1M
Long-term debt $1.65B$1.71B$1.73B$1.93B$2.63B$1.93B$2.41B$2.40B$2.18B$1.94B
Retained earnings $294.3M$39.9M$103.1M-$4.2M-$176.0M-$222.9M-$119.8M-$52.9M$31.5M$112.8M
Total equity $1.51B$1.33B$1.29B$1.17B$975.0M$912.1M$996.0M$1.04B$1.20B$975.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $72.6M$242.2M$277.8M$288.0M$282.6M$441.7M$338.1M$274.5M$381.0M-$28.0M
Depreciation and amortisation $132.0M$126.2M$125.8M$132.9M$135.2M$134.7M$130.8M$126.4M$124.3M$114.9M
Stock-based compensation $23.6M$18.1M$15.1M$16.2M$19.2M$23.9M$22.3M$22.0M$19.8M$12.8M
Capital expenditure $197.5M$78.7M$73.0M$90.0M$69.4M$108.8M$117.2M$195.7M$148.4M$81.6M
Investing cash flow $105.7M-$101.7M-$53.4M$11.4M-$53.7M-$104.2M-$104.1M-$188.5M-$500.3M-$77.7M
Financing cash flow -$185.7M-$168.9M-$208.1M-$699.1M$11.3M-$96.7M-$250.7M-$125.0M$164.7M$119.7M
Dividends paid $30.5M$216.1M$232.5M$229.5M$227.5M$194.7M
Buybacks $91.0M$153.0K$9.0M$0$95.2M$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-071747.

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