The GEO Group, Inc. (GEO) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GEO SEC filings page.
The GEO Group, Inc. (GEO) reported $2.8B in revenue over the twelve months to Jun 30, 2026, up 15.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue expansion is increasingly disconnected from operations: FY2025 paired weaker operating margins with an abrupt cash-conversion break.
In FY2025, revenue reached$2.63B while operating income fell to$257M ; growth did not translate into operating profit. Net income nearly matched operating income despite that decline, making the earnings rebound less about operating expansion than changes below the operating line.
Operating cash flow fell to
Debt-to-equity fell to 1.1x from 2.7x in FY2021, indicating balance-sheet deleveraging even as operating performance weakened. The current ratio recovered to 2.0x from 1.2x in FY2023, giving short-term assets more cushion without removing the year's cash-flow strain.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of The GEO Group, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
The GEO Group, Inc. has an operating margin of 9.8%, meaning the company retains $10 of operating profit per $100 of revenue. This results in a moderate score of 58/100, indicating healthy but not exceptional operating efficiency. This is down from 12.8% the prior year.
The GEO Group, Inc.'s revenue grew 8.6% year-over-year to $2.6B, a solid pace of expansion. This earns a growth score of 47/100.
The GEO Group, Inc. has elevated debt relative to equity (D/E of 1.10), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 15/100, reflecting increased financial risk.
The GEO Group, Inc.'s current ratio of 2.01 indicates adequate short-term liquidity, earning a score of 59/100. The company can meet its near-term obligations, though with limited headroom.
While The GEO Group, Inc. generated $72.6M in operating cash flow, capex of $197.5M consumed most of it, leaving -$124.9M in free cash flow. This results in a low score of 30/100, reflecting heavy capital investment rather than weak cash generation.
The GEO Group, Inc. earns a strong 16.9% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 67/100. This is up from 2.4% the prior year.
The GEO Group, Inc. scores 2.19, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
The GEO Group, Inc. passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, The GEO Group, Inc. generates $0.29 in operating cash flow ($72.6M OCF vs $254.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
The GEO Group, Inc. earns $1.60 in operating income for every $1 of interest expense ($257.5M vs $160.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
The GEO Group, Inc. generated $732.1M in revenue in Q2 2026. This represents an increase of 15.1% from the same quarter a year earlier. Against the prior quarter it is up 3.8%.
The GEO Group, Inc.'s EBITDA was $135.9M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 29.8% from the same quarter a year earlier. Against the prior quarter it is up 10.4%.
The GEO Group, Inc. reported $47.5M in net income in Q2 2026. This represents an increase of 63.2% from the same quarter a year earlier. Against the prior quarter it is up 23.9%.
The GEO Group, Inc. earned $0.36 per diluted share (EPS) in Q2 2026. This represents an increase of 71.4% from the same quarter a year earlier. Against the prior quarter it is up 24.1%.
Cash & Balance Sheet
The GEO Group, Inc. generated $59.4M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 2420.0% from the same quarter a year earlier. Against the prior quarter it is down 55.9%.
The GEO Group, Inc. held $55.0M in cash against $1.5B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
The GEO Group, Inc.'s operating margin was 13.9% in Q2 2026, reflecting core business profitability. This is up 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.
The GEO Group, Inc.'s net profit margin was 6.5% in Q2 2026, showing the share of revenue converted to profit. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
The GEO Group, Inc.'s ROE was 3.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.
Not reported for Q2 2026.
Capital Allocation
The GEO Group, Inc. spent $36.6M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 26.9%.
The GEO Group, Inc. invested $20.6M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 44.0% from the same quarter a year earlier. Against the prior quarter it is down 5.2%.
Not reported for Q2 2026.
GEO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $732.1M+15.1% | $705.2M+16.6% | $708.4M+16.6% | $682.3M+13.1% | $636.2M+4.8% | $604.6M-0.2% | $607.7M-0.1% | $603.1M+0.1% |
| SG&A Expenses | $65.5M+16.4% | $60.6M+4.9% | $59.8M-1.4% | $62.1M+31.9% | $56.2M+7.8% | $57.7M+8.8% | $60.7M+17.6% | $47.1M-0.6% |
| Operating Income | $101.7M+41.3% | $89.3M+46.4% | $83.8M+23.5% | $40.7M-50.6% | $72.0M-10.2% | $61.0M-23.4% | $67.9M-18.9% | $82.4M-1.5% |
| EBITDA | $135.9M+29.8% | $123.1M+32.2% | $118.0M+18.3% | $73.7M-35.4% | $104.7M-6.1% | $93.1M-16.1% | $99.7M-13.1% | $114.1M-0.6% |
| Interest Expense | $38.6M-8.0% | $38.3M-9.8% | $37.9M-12.2% | $38.2M-16.0% | $41.9M-17.3% | $42.4M-17.3% | $43.2M-18.8% | $45.5M-18.4% |
| Income Tax | $18.9M+78.9% | $15.0M+722.9% | $16.9M+68.7% | $56.4M+383.5% | $10.6M+151.8% | $1.8M-77.4% | $10.0M+87.3% | $11.7M+78.9% |
| Net Income | $47.5M+63.2% | $38.3M+96.0% | $31.8M+105.1% | $173.9M+560.9% | $29.1M+189.5% | $19.6M-13.7% | $15.5M-38.6% | $26.3M+7.3% |
| EPS (Basic) | $0.36+71.4% | $0.29+107.1% | $0.24+118.2% | $1.26+563.2% | $0.21+184.0% | $0.14-6.7% | $0.11-35.3% | $0.19+11.8% |
| EPS (Diluted) | $0.36+71.4% | $0.29+107.1% | $0.24+118.2% | $1.24+552.6% | $0.21+184.0% | $0.140.0% | $0.11-35.3% | $0.19+18.8% |
| Diluted Shares (Avg) | 132M-6.0% | 134M-4.9% | N/A | 140M+1.3% | 140M+7.6% | 141M+7.6% | N/A | 138M+11.9% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
GEO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.7B+2.2% | $3.8B+4.9% | $3.8B+5.8% | $3.8B+4.8% | $3.7B+0.5% | $3.6B-1.4% | $3.6B-1.7% | $3.6B-2.4% |
| Current Assets | $635.0M+26.0% | $698.9M+38.8% | $718.5M+43.7% | $685.3M+41.5% | $504.1M+2.8% | $503.4M-5.3% | $500.2M-5.4% | $484.5M-10.1% |
| Cash & Equivalents | $55.0M-19.0% | $80.2M+23.7% | $69.0M-10.3% | $183.9M+160.4% | $67.9M+46.6% | $64.8M-48.8% | $76.9M-18.2% | $70.6M-49.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | N/A | $41.0M+14.2% | N/A | N/A | N/A | $35.9M+43.0% | $36.4M |
| Accounts Receivable | $531.9M+36.5% | $573.4M+49.2% | $593.5M+57.8% | $452.9M+23.2% | $389.7M+1.5% | $384.2M+7.7% | $376.0M-3.6% | $367.5M+3.1% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $756.0M0.0% | $756.0M0.0% | $756.0M0.0% | $756.0M0.0% | $756.0M0.0% | $756.0M0.0% | $756.0M+0.1% | $756.0M+0.1% |
| Total Liabilities | $2.2B-2.3% | $2.3B+1.1% | $2.3B+1.8% | $2.3B-1.3% | $2.3B-3.5% | $2.3B-3.6% | $2.3B-4.5% | $2.3B-6.0% |
| Current Liabilities | $384.0M-31.6% | $398.3M+2.5% | $356.9M+4.9% | $422.6M-4.3% | $561.0M+44.3% | $388.8M-7.6% | $340.2M-22.2% | $441.6M+1.9% |
| Non-Current Liabilities | $1.8B+7.2% | $1.9B+0.8% | $2.0B+1.2% | $1.9B-0.6% | $1.7B-13.0% | $1.9B-2.7% | $2.0B-0.5% | $1.9B-7.7% |
| Long-Term Debt | $1.5B+2.5% | $1.6B-4.2% | $1.6B-3.6% | $1.6B-5.3% | $1.5B-15.2% | $1.7B-3.4% | $1.7B-0.8% | $1.6B-8.4% |
| Total Equity | $1.5B+9.6% | $1.5B+11.5% | $1.5B+12.8% | $1.5B+15.6% | $1.4B+7.9% | $1.3B+2.5% | $1.3B+3.3% | $1.3B+4.5% |
| Retained Earnings | $380.1M+329.3% | $332.6M+459.6% | $294.3M+637.8% | $262.5M+976.2% | $88.5M+4685.5% | $59.4M-52.7% | $39.9M-61.3% | $24.4M-68.7% |
GEO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $80.0M+104.2% | $156.5M+119.7% | -$117.3M-735.5% | $79.6M-27.2% | $39.2M+25.4% | $71.2M-14.5% | $18.5M-61.3% | $109.3M-9.4% |
| Depreciation & Amortization | $34.2M+4.5% | $33.8M+5.3% | $34.1M+7.4% | $33.0M+4.0% | $32.7M+4.5% | $32.1M+2.5% | $31.8M+2.5% | $31.8M+1.9% |
| Stock-Based Compensation | N/A | $7.8M+19.7% | N/A | N/A | N/A | $6.5M+14.7% | N/A | N/A |
| Capital Expenditures | $20.6M-44.0% | $21.7M-29.4% | $36.2M+74.3% | $93.7M+400.2% | $36.8M+50.8% | $30.8M+108.4% | $20.8M+6.9% | $18.7M-14.7% |
| Free Cash Flow | $59.4M+2420.0% | $134.8M+233.1% | -$153.6M-6524.8% | -$14.1M-115.6% | $2.4M-65.5% | $40.5M-41.0% | -$2.3M-108.2% | $90.5M-8.3% |
| Investing Cash Flow | -$28.2M+44.3% | -$22.2M+28.8% | -$38.1M-77.5% | $225.6M+621.4% | -$50.7M-127.9% | -$31.1M-110.9% | -$21.5M-21.6% | -$43.3M-522.7% |
| Financing Cash Flow | -$82.9M-801.9% | -$117.3M-137.3% | $46.5M+169.8% | -$194.5M-166.8% | $11.8M+114.2% | -$49.4M-64.2% | $17.2M+121.7% | -$72.9M-189.1% |
| Share Buybacks | $36.6M | $50.1M | $49.4M | $41.6M | $0 | $0 | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
GEO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 13.9%+2.6pp | 12.7%+2.6pp | 11.8%+0.7pp | 6.0%-7.7pp | 11.3%-1.9pp | 10.1%-3.0pp | 11.2%-2.6pp | 13.7%-0.2pp |
| Net Margin | 6.5%+1.9pp | 5.4%+2.2pp | 4.5%+1.9pp | 25.5%+21.1pp | 4.6%+9.9pp | 3.2%-0.5pp | 2.5%-1.6pp | 4.4%+0.3pp |
| Return on Equity | 3.1%+1.0pp | 2.6%+1.1pp | 2.1%+1.0pp | 11.4%+9.4pp | 2.1%+4.6pp | 1.5%-0.3pp | 1.2%-0.8pp | 2.0%+0.1pp |
| Return on Assets | 1.3%+0.5pp | 1.0%+0.5pp | 0.8%+0.4pp | 4.6%+3.9pp | 0.8%+1.7pp | 0.5%-0.1pp | 0.4%-0.2pp | 0.7%+0.1pp |
| Current Ratio | 1.65+0.8x | 1.75+0.5x | 2.01+0.5x | 1.62+0.5x | 0.90-0.4x | 1.290.0x | 1.47+0.3x | 1.10-0.1x |
| Debt-to-Equity | 1.00-0.1x | 1.06-0.2x | 1.10-0.2x | 1.02-0.2x | 1.07-0.3x | 1.23-0.1x | 1.28-0.1x | 1.25-0.2x |
| Asset Turnover | 0.200.0x | 0.180.0x | 0.180.0x | 0.180.0x | 0.170.0x | 0.170.0x | 0.170.0x | 0.170.0x |
| FCF Margin | 8.1%+7.7pp | 19.1%+12.4pp | -21.7%-21.3pp | -2.1%-17.1pp | 0.4%-0.8pp | 6.7%-4.6pp | -0.4%-5.0pp | 15.0%-1.4pp |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| The GEO Group, Inc. GEO | FY2025 | $2.6B | $254.4M | 9.7% | $4.1B | 46/100 |
| Brady Corp BRC | FY2026 | $1.7B | $205.4M | 12.4% | $4.0B | 77/100 |
| Corecivic CXW | FY2025 | $2.2B | $116.5M | 5.3% | $3.4B | 35/100 |
| Brinks Co BCO | FY2025 | $5.3B | $199.7M | 3.8% | $4.5B | 53/100 |
| Msa Safety MSA | FY2025 | $1.9B | $278.9M | 14.9% | $7.0B | 65/100 |
| ADT Inc ADT | FY2025 | $5.1B | $596.0M | 11.6% | $5.1B | 54/100 |
Where The GEO Group, Inc. Ranks
Frequently Asked Questions
What is The GEO Group, Inc.'s annual revenue?
The GEO Group, Inc. (GEO) reported $2.6B in total revenue for fiscal year 2025. This represents a 8.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is The GEO Group, Inc.'s revenue growing?
The GEO Group, Inc. (GEO) revenue grew by 8.6% year-over-year, from $2.4B to $2.6B in fiscal year 2025.
Is The GEO Group, Inc. profitable?
Yes, The GEO Group, Inc. (GEO) reported a net income of $254.4M in fiscal year 2025, with a net profit margin of 9.7%.
What is The GEO Group, Inc.'s EBITDA?
The GEO Group, Inc. (GEO) had EBITDA of $389.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does The GEO Group, Inc. have?
As of fiscal year 2025, The GEO Group, Inc. (GEO) had $69.0M in cash and equivalents against $1.6B in long-term debt.
What is The GEO Group, Inc.'s operating margin?
The GEO Group, Inc. (GEO) had an operating margin of 9.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is The GEO Group, Inc.'s net profit margin?
The GEO Group, Inc. (GEO) had a net profit margin of 9.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is The GEO Group, Inc.'s return on equity (ROE)?
The GEO Group, Inc. (GEO) has a return on equity of 16.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is The GEO Group, Inc.'s free cash flow?
The GEO Group, Inc. (GEO) recorded an outflow of $124.9M in free cash flow during fiscal year 2025. This represents a -176.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is The GEO Group, Inc.'s operating cash flow?
The GEO Group, Inc. (GEO) generated $72.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are The GEO Group, Inc.'s total assets?
The GEO Group, Inc. (GEO) had $3.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are The GEO Group, Inc.'s capital expenditures?
The GEO Group, Inc. (GEO) invested $197.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is The GEO Group, Inc.'s current ratio?
The GEO Group, Inc. (GEO) had a current ratio of 2.01 as of fiscal year 2025, which is generally considered healthy.
What is The GEO Group, Inc.'s debt-to-equity ratio?
The GEO Group, Inc. (GEO) had a debt-to-equity ratio of 1.10 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is The GEO Group, Inc.'s return on assets (ROA)?
The GEO Group, Inc. (GEO) had a return on assets of 6.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is The GEO Group, Inc.'s P/E ratio?
The GEO Group, Inc. (GEO) trades at 14.2x earnings, its market capitalization divided by net income of $291.5M net income, trailing 12 months to June 30, 2026. The market capitalization is $4.1B as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is The GEO Group, Inc.'s price-to-sales ratio?
The GEO Group, Inc. (GEO) trades at 1.5x sales, its market capitalization divided by revenue of $2.8B revenue, trailing 12 months to June 30, 2026. The market capitalization is $4.1B as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is The GEO Group, Inc.'s Altman Z-Score?
The GEO Group, Inc. (GEO) has an Altman Z-Score of 2.19, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is The GEO Group, Inc.'s Piotroski F-Score?
The GEO Group, Inc. (GEO) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are The GEO Group, Inc.'s earnings high quality?
The GEO Group, Inc. (GEO) has an earnings quality ratio of 0.29x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can The GEO Group, Inc. cover its interest payments?
The GEO Group, Inc. (GEO) has an interest coverage ratio of 1.60x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is The GEO Group, Inc.?
The GEO Group, Inc. (GEO) scores 46 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.