The GEO Group's gross profit for the
three
months ended in Dec. 2023 was $608 Mil. The GEO Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,980 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. The GEO Group's gross profit for the
three
months ended in Dec. 2023 was $608 Mil. The GEO Group's Revenue for the
three
months ended in Dec. 2023 was $608 Mil. Therefore, The GEO Group's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.
The GEO Group had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of The GEO Group was 82.04%. The lowest was 24.28%. And the median was 25.52%.
The GEO Group Gross Profit Historical Data
The historical data trend for The GEO Group's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of The GEO Group's Gross Profit
For the Security & Protection Services subindustry, The GEO Group's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The GEO Group's Gross Profit Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, The GEO Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where The GEO Group's Gross Profit falls into.
The GEO Group Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
The GEO Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,980 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
(Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
The GEO Group (NYSE:GEO) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
The GEO Group had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The GEO Group Gross Profit Related Terms
Thank you for viewing the detailed overview of The GEO Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
The GEO Group (The GEO Group) Business Description
The GEO Group Inc specializes in detention facilities and community-reentry centers. It operates in four segments: U.S. Secure Services, which primarily encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.
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