| Market Capitalization (Millions $) |
4,230 |
| Shares
Outstanding (Millions) |
132 |
| Employees |
18,000 |
| Revenues (TTM) (Millions $) |
2,828 |
| Net Income (TTM) (Millions $) |
291 |
| Cash Flow (TTM) (Millions $) |
21 |
| Capital Exp. (TTM) (Millions $) |
172 |
Business Description
The Geo Group Inc. is a private prison company headquartered in Boca Raton, Florida, United States. The company's full name is The GEO Group, Inc. The organization was founded in 1984 and currently operates correctional and detention facilities in North America, Australia, and South Africa. The Geo Group Inc has over 94 facilities across the globe and employs more than 20,000 people.
The Geo Group Inc is primarily involved in the management and operations of correctional institutions. It provides government agencies with a broad range of correctional services including the design, construction, financing, and management of prisons, jails, and detention centers. The company also provides a wide range of comprehensive rehabilitation services to inmates, including educational and vocational training, substance abuse treatment, and counseling services.
In addition to its correctional facilities and services, The Geo Group Inc also provides transportation services to government agencies. The company operates a fleet of buses and vans to deliver inmates safely from one facility to another. The Geo Group Inc provides secure transportation services, including escort services for high-security inmates.
The company's business model involves the public-private partnership (PPP) method. The Geo Group Inc partners with the government to design and construct correctional facilities, while the government retains ownership of the facilities. However, the company assumes the management and operations of the facilities under a contract.
The Geo Group Inc is a market leader in the private prison industry. It has grown significantly over the years, largely due to the increasing demand for privatized correctional services. The company's success can also be attributed to its innovative approach to correctional services, focusing on providing a broad range of rehabilitation services to inmates.
Overall, The Geo Group Inc is a major player in the private prison industry. The company provides essential correctional facilities and services to the government, delivering significant value to society by improving public safety and reducing the cost of corrections.
Company Address: 4955 Technology Way Boca Raton 33431 FL
Company Phone Number: 893-0101 Stock Exchange / Ticker: NYSE GEO
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5.51% 
139.76 %