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The Geo Group, Inc. - Company Profile

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The Geo Group, Inc. - Overview

Description
Geo is a public company headquartered in Florida with an estimated 22,000 employees. In the US, the company has a notable market share in at least one industry: Correctional Facilities, where they account for an estimated 15.5% of total industry revenue.
Company Details

Registered Name: The Geo Group, Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 4955 Technology Way Boca Raton FL 33431

Website: https://www.geogroup.com/

Employees: 22000

The Geo Group, Inc. - Operating Industries and Main Competitors

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The Geo Group, Inc. - Products and Services

  • Correctional Facilities in the US

    • Of the 4 core revenue-generating products and services in the Correctional Facilities in the US industry, The Geo Group, Inc. offers:
    • Community correctional facilities
    • Maximum security
    • Medium security
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The Geo Group, Inc. - Analyst Insights

Geo Group Inc. to close a correctional facility in Michigan

Announced in May of 2022, the North Lake Correctional Facility in Baldwin, MI, a facility that is a joint venture between Geo Group and the Federal Bureau of Prisons (FBP), will be closed on September 30th due to the FBP choosing not to renew their contract with Geo Group as part of a broader policy shift enacted by the President which aims to halt the renewal of federal contracts with private, for-profit prisons. Overall, this represents a broader challenge for the Geo Group and the Correctional Facilities industry in the US.

Discontinued Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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The Geo Group, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on The Geo Group, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Correctional Facilities in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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The Geo Group, Inc. - Financial Statements & Ratios

pie_chartThe Geo Group, Inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue2,256.62,350.12,477.92,331.42,263.42,179.5
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartThe Geo Group, Inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents506.5283.532.531.381.468.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartThe Geo Group, Inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income77.2112.8166.4144.8146.0148.5
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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