Geo Group
- Company typePublic
- Founded1988
- HeadquartersNew Orleans, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Geo Group firmographics
Firmographics- Name
- Geo Group
- Legal name
- GEO Group, Inc.
- Website
- https://geogroup.net
- Company type
- Public
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Geo Group industry classification
Industry- Product category
- Government Detention Services
- NAICS
- Security Guards and Patrol Services (561612)
- SIC
- Services-Detective, Guard & Armored Car Services (7381)
- akta.pro primary industry
- Detention Center Operations (Immigration & Administrative Detention) (BPAKANAB)
- akta.pro secondary industry
- Geofencing, Security & Theft Recovery (TLABAJAJ)
Keywords
Where Geo Group is headquartered
LocationHeadquarters
- HQ city
- New Orleans
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Geo Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Others
Revenue model
- Immigration Detention Services: GEO Group operates immigration detention facilities under ICE contracts. Revenue comes from per-diem rates for detainee housing, medical care, and facility management services. This represents the largest revenue stream, with ICE detention operations accounting for 41.5% of 2024 revenue.
- Electronic Monitoring Services: GEO Group announced a new $60 million government contract for location tracking services through its electronic monitoring division. The number of immigrants on GPS ankle monitors has surged from approximately 17,000 to over 42,000.
- Secure Transportation: Expanded secure transportation services as part of government contracts for immigration enforcement operations.
- State Corrections Contracts: New state contracts contributing to revenue diversification, alongside federal ICE contracts.
Go-to-market motion2 records
Distribution channels2 records
Geo Group product offering
Product offeringCore offering
GEO Group designs, constructs, and operates secure detention and community reentry facilities for federal, state, and local government agencies, providing approximately 26,000 active detention beds. The company also delivers electronic monitoring services (including GPS ankle monitors under the Intensive Supervision Appearance Program via its BI Incorporated subsidiary) and secure transportation services for government immigration enforcement and correctional customers.
Product overview
GEO Group is a diversified government services provider operating secure and community reentry facilities in multiple countries. The company operates a platform of core services including secure detention facilities (approximately 26,000 beds), community reentry facilities, electronic monitoring through its BI Incorporated subsidiary (including the Intensive Supervision Appearance Program with GPS ankle monitors), and secure transportation services. All services are provided under government contracts, with ICE detention operations accounting for approximately 41.5% of 2024 revenue.
Differentiator
Problem solved
Functional benefit
Products and services
- Secure Facilities Design, construction, and operation of secure detention and residential facilities for federal, state, and local government agencies, providing approximately 26,000 active detention beds under multi-year government contracts.
- Community Reentry Facilities Community-based residential reentry facilities and services designed to support individuals transitioning from incarceration back into society, delivered under government contracts.
- Intensive Supervision Appearance Program (ISAP) Digital monitoring and supervision program operated by GEO Group subsidiary BI Incorporated for immigration cases, providing electronic supervision and appearance management including GPS ankle monitoring of individuals awaiting immigration proceedings.
- Electronic Monitoring Services Location tracking and electronic monitoring services including GPS ankle monitors supporting government immigration enforcement and supervision programs.
- Secure Transportation Secure transportation services for detainee movement, part of GEO Group's diversified government service offerings under federal and state contracts.
Quantifiable outcome
- Expanded active detention capacity to 26,000 beds
- +3 more outcomes
Companies that use Geo Group
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Geo Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Geo Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BI IncorporatedcoreBI Incorporated is a wholly-owned subsidiary of GEO Group that operates the Intensive Supervision Appearance Program (ISAP) for immigration enforcement. ISAP provides electronic monitoring services including GPS ankle monitors for individuals awaiting immigration proceedings or under supervision. This is an internal subsidiary relationship, not an external partnership.
Scale indicators11 records
Recent moves6 records
Expansion highlights4 records
Geo Group competitors and assessment
Company assessmentDirect peers
- Management & Training Corporation: MTC is one of the largest privately held private prison and detention operators in the U.S., providing correctional, detention, and reentry services to federal, state, and local agencies — a direct competitor to GEO's core detention business.
- LaSalle Corrections: LaSalle Corrections operates private detention and correctional facilities across the U.S., primarily serving state and local agencies. It is a direct peer in the detention facility operations space.
- CoreCivic: CoreCivic (NYSE: CXW) is the closest direct competitor to GEO Group and the other largest private prison and immigration detention operator in the United States. Both companies compete head-to-head for ICE and state correctional contracts with similar service offerings.
- Emerald Correctional Management: Emerald Correctional Management is a privately held operator of community corrections and detention facilities. It is comparable to GEO in offering state and local government corrections services but at smaller scale.
Broad incumbents
- Allied Universal: Allied Universal (formed via G4S merger) is a broad security and facility services provider with corrections-related operations globally. It overlaps with GEO on secure services for government clients but at significantly larger and more diversified scale.
- Sodexo Justice Services: Sodexo's Justice Services division provides facility management, food services, and rehabilitation programs for correctional facilities. It is a broad incumbent that overlaps with GEO's community reentry and facility services offerings.
- Aramark: Aramark provides food services, facility management, and uniform services to correctional facilities across the U.S. While broader than GEO, its corrections segment competes for related in-facility service contracts.
Emerging players
- Track Group: Track Group provides electronic monitoring and GPS tracking solutions for offender supervision, directly competing with GEO's BI Incorporated subsidiary in the ankle monitor and location-tracking market.
- SCRAM Systems: SCRAM Systems specializes in electronic monitoring including GPS and alcohol monitoring for justice-involved populations. It competes with GEO/BI Incorporated in the electronic monitoring segment.
Others
- Centene (Centurion): Centene's Centurion subsidiary provides correctional healthcare services to state and local detention agencies, including facilities operated by GEO and CoreCivic. It is an adjacent enabler rather than a direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights6 records
Customer concentration
Geo Group social profiles
Digital presenceGeo Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Geo Group leadership team
Management profileNumber of profiles
Profiles1 record
Geo Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Geo Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Geo Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Geo Group
What does Geo Group do?
GEO Group designs, constructs, and operates secure detention and community reentry facilities for federal, state, and local government agencies, providing approximately 26,000 active detention beds. The company also delivers electronic monitoring services (including GPS ankle monitors under the Intensive Supervision Appearance Program via its BI Incorporated subsidiary) and secure transportation services for government immigration enforcement and correctional customers.
Is Geo Group a public or private company?
Geo Group is a public company. It is classified as public and is currently operating.
When was Geo Group founded?
Geo Group was founded in 1988. It employs 1 to 10 people.
Where is Geo Group based?
Geo Group is headquartered in New Orleans, United States, in the North America region.
How does Geo Group make money?
Four revenue lines are on record. Immigration Detention Services are the primary driver. The others are electronic Monitoring Services, secure Transportation and state Corrections Contracts.
Who are Geo Group's main competitors?
Direct peers on record are Management & Training Corporation, LaSalle Corrections, CoreCivic and Emerald Correctional Management. Broad incumbents are Allied Universal, Sodexo Justice Services and Aramark. Emerging players are Track Group and SCRAM Systems. Centene (Centurion) is listed as an others.
Does Geo Group have an API?
No public API is recorded for Geo Group.
What industry is Geo Group in?
Geo Group's product category is Government Detention Services. Its primary akta.pro industry code is BPAKANAB, Detention Center Operations (Immigration & Administrative Detention), with a secondary code of TLABAJAJ, Geofencing, Security & Theft Recovery. Its NAICS code is 561612 and its SIC code is 7381.