GEO Group, Inc. (GEO)

NYSE Industrials Environmental & Facilities Services S&P SmallCap 600

$27.80

+2.63 (+10.45%)

Close of Nov 06, 2026 · end-of-day data

Source: GEO Group, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.18B	$2.26B	$2.33B	$2.48B	$2.35B	$2.26B	$2.38B	$2.41B	$2.42B	$2.63B
Operating income	$265.58M	$248.28M	$264.67M	$303.11M	$229.41M	$288.08M	$383.94M	$352.39M	$309.98M	$257.49M
Interest expense	$128.72M	$148.02M	$150.10M	$151.02M	$126.84M	$129.46M	$164.55M	$218.29M	$190.62M	$160.52M
Pre-tax income	$149.48M	$151.94M	$149.32M	$173.53M	$124.13M	$192.82M	$229.82M	$138.05M	$38.59M	$335.49M
Income tax	$7.90M	$17.96M	$14.12M	$16.65M	$20.46M	$122.73M	$62.90M	$35.40M	$9.40M	$85.72M
Net income	$148.72M	$146.24M	$145.09M	$166.60M	$113.03M	$77.42M	$171.81M	$107.33M	$31.97M	$254.37M
EBITDA	$380.50M	$372.58M	$391.10M	$433.93M	$364.08M	$423.26M	$516.87M	$478.17M	$436.19M	$389.53M
EPS (basic)	$1.34	$1.22	$1.21	$1.40	$0.94	$0.59	$1.18	$0.73	$0.23	$1.85
EPS (diluted)	$1.33	$1.21	$1.20	$1.40	$0.94	$0.58	$1.17	$0.72	$0.22	$1.82
Diluted shares	111.48M	120.81M	120.75K	119.31M	119.99M	120.73M	122.28M	123.70M	134.06M	139.72M
Operating margin	12.2%	11.0%	11.4%	12.2%	9.8%	12.8%	16.2%	14.6%	12.8%	9.8%
Net margin	6.8%	6.5%	6.2%	6.7%	4.8%	3.4%	7.2%	4.4%	1.3%	9.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$68.04M	$81.38M	$31.25M	$32.46M	$283.52M	$506.49M	$95.07M	$93.97M	$76.90M	$69.00M
Receivables	$356.25M	$389.92M	$445.53M	$430.98M	$362.67M	$365.57M	$416.40M	$390.02M	$376.01M	$593.46M
Inventory	—	—	—	—	—	$9.00M	$20.70M	$25.10M	$35.90M	$41.00M
Total current assets	$697.67M	$579.71M	$601.76M	$541.73M	$711.32M	$943.91M	$555.01M	$528.50M	$500.18M	$718.53M
Goodwill	$615.43M	$778.95M	$776.36M	$776.36M	$755.25M	$755.23M	$755.20M	$755.20M	$756.00M	$756.03M
Total assets	$3.75B	$4.23B	$4.26B	$4.32B	$4.46B	$4.54B	$3.76B	$3.70B	$3.63B	$3.84B
Total current liabilities	$504.06M	$369.56M	$705.24M	$395.93M	$411.30M	$378.84M	$437.21M	$437.46M	$340.22M	$356.89M
Short-term debt	$238.06M	$28.92M	$335.36M	$24.54M	$26.56M	$18.57M	$44.72M	$55.88M	$1.61M	$1.35M
Long-term debt	$1.94B	$2.18B	$2.40B	$2.41B	$1.93B	$2.63B	$1.93B	$1.73B	$1.71B	$1.65B
Total debt	$2.17B	$2.21B	$2.73B	$2.43B	$1.96B	$2.64B	$1.98B	$1.78B	$1.71B	$1.65B
Total liabilities	$2.77B	$3.03B	$3.22B	$3.32B	$3.55B	$3.56B	$2.59B	$2.40B	$2.30B	$2.34B
Shareholders' equity	$975.06M	$1.20B	$1.04B	$996.83M	$913.10M	$976.21M	$1.17B	$1.29B	$1.33B	$1.51B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	-$28.03M	$381.04M	$274.48M	$338.14M	$441.73M	$282.63M	$287.98M	$277.78M	$242.24M	$72.61M
Capital expenditures	$81.56M	$148.41M	$195.67M	$117.24M	$108.80M	$69.39M	$90.03M	$73.00M	$78.69M	$197.51M
Free cash flow	-$109.59M	$232.64M	$78.81M	$220.90M	$332.93M	$213.24M	$197.95M	$204.78M	$163.54M	-$124.90M
Investing cash flow	-$77.69M	-$500.25M	-$188.48M	-$104.14M	-$104.17M	-$53.74M	$11.39M	-$53.42M	-$101.72M	$105.68M
Financing cash flow	$119.67M	$164.72M	-$124.97M	-$250.65M	-$96.74M	$11.26M	-$699.10M	-$208.08M	-$168.89M	-$185.66M
Dividends paid	$194.75M	$227.46M	$229.50M	$232.55M	$216.15M	$30.49M	—	—	—	—
Share buybacks	$0	$0	$95.17M	$0	$9.01M	—	—	—	—	$91.02M
Stock-based compensation	$12.77M	$19.84M	$22.05M	$22.34M	$23.90M	$19.20M	$16.20M	$15.06M	$18.11M	$23.59M
Depreciation & amortization	$114.92M	$124.30M	$126.43M	$130.82M	$134.68M	$135.18M	$132.93M	$125.78M	$126.22M	$132.04M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$608.28M	$605.67M	$607.18M	$603.12M	$607.72M	$604.65M	$636.17M	$682.34M	$707.70M	$705.21M	$732.07M	$761.06M
Operating income	$83.76M	$79.56M	$80.14M	$82.37M	$67.90M	$60.98M	$71.97M	$40.70M	$83.83M	$89.30M	$101.70M	$102.39M
Interest expense	$53.21M	$51.30M	$50.64M	$45.50M	$43.19M	$42.44M	$41.91M	$38.23M	$37.94M	$38.30M	$38.56M	$38.14M
Pre-tax income	$29.11M	$30.70M	-$53.75M	$37.12M	$24.52M	$20.54M	$37.45M	$229.55M	$47.95M	$52.67M	$65.70M	$66.30M
Income tax	$5.36M	$8.07M	-$20.38M	$11.66M	$10.04M	$1.83M	$10.55M	$56.39M	$16.95M	$15.03M	$18.88M	$17.91M
Net income	$25.23M	$22.67M	-$32.51M	$26.32M	$15.49M	$19.56M	$29.11M	$173.94M	$31.77M	$38.33M	$47.50M	$49.21M
EBITDA	$114.76M	$110.93M	$111.46M	$114.13M	$99.68M	$93.12M	$104.70M	$73.74M	$117.97M	$123.13M	$135.90M	$136.57M
EPS (basic)	$0.17	$0.15	$-0.25	$0.19	$0.11	$0.14	$0.21	$1.26	$0.24	$0.29	$0.36	$0.38
EPS (diluted)	$0.17	$0.14	$-0.25	$0.19	$0.11	$0.14	$0.21	$1.24	$0.24	$0.29	$0.36	$0.37
Diluted shares	219.00K	130.99M	130.52M	138.13M	2.04M	140.91M	140.47M	139.99M	-786.00K	134.06M	132.02M	132.00M
Operating margin	13.8%	13.1%	13.2%	13.7%	11.2%	10.1%	11.3%	6.0%	11.8%	12.7%	13.9%	13.5%
Net margin	4.1%	3.7%	-5.4%	4.4%	2.5%	3.2%	4.6%	25.5%	4.5%	5.4%	6.5%	6.5%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$93.97M	$126.50M	$46.30M	$70.64M	$76.90M	$64.82M	$67.86M	$183.94M	$69.00M	$80.22M	$54.99M	$215.96M
Receivables	$390.02M	$356.72M	$384.07M	$367.50M	$376.01M	$384.23M	$389.74M	$452.92M	$593.46M	$573.38M	$531.85M	$544.41M
Inventory	$25.10M	—	$32.50M	$36.40M	$35.90M	—	—	—	$41.00M	—	—	—
Total current assets	$528.50M	$531.49M	$490.41M	$484.50M	$500.18M	$503.37M	$504.05M	$685.32M	$718.53M	$698.86M	$634.99M	$806.46M
Goodwill	$755.20M	$756.02M	$756.03M	$756.04M	$756.00M	$756.00M	$756.02M	$756.02M	$756.03M	$756.04M	$756.04M	$756.04M
Total assets	$3.70B	$3.68B	$3.64B	$3.63B	$3.63B	$3.63B	$3.66B	$3.81B	$3.84B	$3.81B	$3.74B	$3.98B
Total current liabilities	$437.46M	$420.93M	$388.86M	$441.64M	$340.22M	$388.77M	$561.04M	$422.63M	$356.89M	$398.34M	$384.02M	$472.34M
Short-term debt	$55.88M	$43.40M	$24.44M	$55.11M	$1.61M	$25.62M	$220.80M	$1.42M	$1.35M	$1.34M	$30.79M	$1.37M
Long-term debt	$1.73B	$1.72B	$1.74B	$1.64B	$1.71B	$1.66B	$1.48B	$1.55B	$1.65B	$1.59B	$1.51B	$1.53B
Total debt	$1.78B	$1.76B	$1.76B	$1.69B	$1.71B	$1.68B	$1.70B	$1.55B	$1.65B	$1.59B	$1.54B	$1.53B
Total liabilities	$2.40B	$2.37B	$2.36B	$2.32B	$2.30B	$2.29B	$2.28B	$2.29B	$2.34B	$2.32B	$2.23B	$2.41B
Shareholders' equity	$1.29B	$1.31B	$1.28B	$1.32B	$1.33B	$1.34B	$1.38B	$1.52B	$1.51B	$1.50B	$1.52B	$1.57B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$47.71M	$83.28M	$31.24M	$109.25M	$18.46M	$71.22M	$39.17M	$79.56M	-$117.34M	$156.48M	$79.99M	$208.95M
Capital expenditures	$19.43M	$14.77M	$24.41M	$18.73M	$20.78M	$30.77M	$36.81M	$93.70M	$36.23M	$21.73M	$20.60M	$32.38M
Free cash flow	$28.27M	$68.52M	$6.83M	$90.52M	-$2.32M	$40.45M	$2.36M	-$14.15M	-$153.56M	$134.75M	$59.40M	$176.57M
Investing cash flow	-$17.65M	-$14.77M	-$22.23M	-$43.26M	-$21.46M	-$31.14M	-$50.66M	$225.57M	-$38.09M	-$22.18M	-$28.21M	-$35.51M
Financing cash flow	-$79.23M	-$30.10M	-$83.10M	-$72.92M	$17.23M	-$49.42M	$11.81M	-$194.54M	$46.49M	-$117.29M	-$82.92M	-$10.98M
Share buybacks	—	—	—	—	—	$0	$0	$41.63M	$49.39M	$50.10M	$36.63M	$0
Stock-based compensation	$3.01M	$5.66M	$3.13M	$3.53M	$5.79M	$6.49M	$5.51M	$7.63M	$3.97M	$7.77M	$4.92M	$5.00M
Depreciation & amortization	$31.00M	$31.36M	$31.31M	$31.76M	$31.79M	$32.14M	$32.73M	$33.04M	$34.13M	$33.83M	$34.20M	$34.18M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.