The GEO Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.63B | $2.42B | $2.41B | $2.38B | $2.26B | $2.35B | $2.48B | $2.33B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $235.9M | $213.0M | $190.8M | $197.0M | $204.3M | $193.4M | $185.9M | $184.5M |
| Operating Income | $257.5M | $310.0M | $352.4M | $383.9M | $288.1M | $229.4M | $303.1M | $264.7M |
| Operating Margin | 9.8% | 12.8% | 14.6% | 16.2% | 12.8% | 9.8% | 12.2% | 11.4% |
| Interest Expense | $160.5M | $190.6M | $218.3M | $164.6M | $129.5M | $126.8M | $151.0M | $150.1M |
| Pretax Income | $335.5M | $38.6M | $138.0M | $229.8M | $192.8M | $124.1M | $173.5M | $149.3M |
| Income Tax Expense | $85.7M | $9.4M | $35.4M | $62.9M | $122.7M | $20.5M | $16.6M | $14.1M |
| Net Income | $254.4M | $32.0M | $107.3M | $171.8M | $77.4M | $113.0M | $166.6M | $145.1M |
| Net Margin | 9.7% | 1.3% | 4.4% | 7.2% | 3.4% | 4.8% | 6.7% | 6.2% |
| EPS (Basic) | $1.85 | $0.23 | $0.73 | $1.18 | $0.59 | $0.94 | $1.40 | $1.21 |
| EPS (Diluted) | $1.82 | $0.22 | $0.72 | $1.17 | $0.58 | $0.94 | $1.40 | $1.20 |
| Shares Outstanding (Basic) | 137.5M | 131.3M | 121.9M | 121.0M | 120.4M | 119.7M | 119.1M | 120.2M |
| Shares Outstanding (Diluted) | 139.7M | 134.1M | 123.7M | 122.3M | 120.7M | 120.0M | 119.3M | 120.7M |
| Dividends Per Share | — | — | $0.00 | $0.00 | $0.25 | $1.78 | $1.92 | $1.88 |