The GEO Group, Inc. (GEO)

The GEO Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,411	2,413	2,377	2,257	2,350	2,478
Revenue Growth (YoY)	-0.95%	1.53%	5.32%	-3.98%	-5.16%	6.29%
Cost of Revenue	1,752	1,744	1,663	1,629	1,771	1,858
Gross Profit	658.22	668.94	713.84	627.57	578.6	619.86
Selling, General & Admin	193.7	190.77	196.97	204.31	193.37	185.93
Other Operating Expenses	120.54	121.09	100.59	129.68	162.66	133.52
Operating Expenses	314.24	311.86	297.57	333.98	356.03	319.44
Operating Income	343.98	357.08	416.28	293.58	222.57	300.41
Interest Expense / Income	215.33	218.29	164.55	129.46	126.84	151.02
Other Expense / Income	-4.45	-3.94	17.02	-36.03	-37.76	-33.86
Pretax Income	133.1	142.72	234.71	200.15	133.5	183.25
Income Tax	31.11	35.4	62.9	122.73	20.46	16.65
Net Income	101.99	107.33	171.81	77.42	113.03	166.6
Net Income Growth	-36.89%	-37.53%	121.93%	-31.51%	-32.15%	14.83%
Shares Outstanding (Basic)	122	122	121	120	120	119
Shares Outstanding (Diluted)	131	124	122	121	120	119
Shares Change	4.67%	1.16%	1.28%	0.62%	0.57%	-1.19%
EPS (Basic)	0.69	0.73	1.18	0.59	0.94	1.40
EPS (Diluted)	0.67	0.72	1.17	0.58	0.94	1.40
EPS Growth	-39.09%	-38.46%	101.72%	-38.30%	-32.86%	16.67%
Free Cash Flow	201.82	211.93	206.39	213.24	333.07	221.31
Free Cash Flow Per Share	1.65	1.74	1.71	1.77	2.78	1.86
Dividend Per Share	-	-	-	0.250	1.780	1.920
Dividend Growth	-	-	-	-85.96%	-7.29%	2.13%
Gross Margin	27.30%	27.72%	30.03%	27.81%	24.62%	25.02%
Operating Margin	14.27%	14.80%	17.51%	13.01%	9.47%	12.12%
Profit Margin	4.23%	4.45%	7.23%	3.43%	4.81%	6.72%
Free Cash Flow Margin	8.37%	8.78%	8.68%	9.45%	14.17%	8.93%
Effective Tax Rate	23.37%	24.80%	26.80%	61.32%	15.33%	9.08%
EBITDA	473.65	486.8	532.19	464.79	395.01	465.1
EBITDA Margin	19.65%	20.17%	22.39%	20.60%	16.81%	18.77%
Depreciation & Amortization	125.23	125.78	132.93	135.18	134.68	130.83
EBIT	348.43	361.02	399.26	329.61	260.33	334.28
EBIT Margin	14.45%	14.96%	16.80%	14.61%	11.08%	13.49%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).