Rollins Inc

ROL

Equity

ISIN US7757111049 / Valor 967248

New York Stock Exchange, Inc (2024-12-26)

USD 46.85+0.54%

Rollins Inc
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About company

Rollins, Inc. operates as a leading global provider of consumer and commercial pest control services. The company, through its wholly owned subsidiaries, specializes in offering comprehensive solutions for the extermination and management of pests, including termites, rodents, and insects. Catering to a broad clientele, Rollins, Inc. serves over two million customers across a diverse geographical footprint that spans the United States, Canada, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Mexico, and Australia. The company's operations are supported by a network of more than 900 locations, ensuring a wide-reaching capability to address pest control needs in various markets. Rollins, Inc.'s commitment to providing essential services is reflected in its extensive coverage and the critical nature of its offerings in maintaining public health and property integrity.

Summarized from source with an LLMView SourceSector: Utilities

Revenue Growth

Rollins Inc. reported third quarter 2024 revenues of $916 million, marking a 9.0% increase compared to the same period in 2023. This growth was driven by a 7.7% rise in organic revenues, showcasing the company's strong market performance despite operational disruptions caused by Hurricane Helene.

Operating Income and Margin

For the third quarter of 2024, Rollins Inc. achieved an operating income of $192 million, reflecting an 8.3% increase from the previous year. However, the operating margin slightly decreased by 20 basis points to 20.9%, as growth investments impacted overall margin performance.

Net Income and Earnings Per Share

Rollins Inc.'s net income for the third quarter of 2024 was $137 million, a 7.1% increase over the prior year. The company's earnings per share (EPS) also rose by 7.7%, reaching $0.28 per diluted share, compared to $0.26 in the third quarter of 2023.

Cash Flow and Investments

Operating cash flow for Rollins Inc. in the third quarter of 2024 was $147 million, representing a 15.4% increase from the previous year. The company invested $24 million in acquisitions and $8 million in capital expenditures, while also distributing $73 million in dividends.

Management Outlook

Rollins Inc. remains optimistic about its future growth, with management emphasizing continued investments in team and resources to capitalize on a healthy market environment. The company is on track to achieve healthy margin improvement and double-digit earnings growth for the year, despite the challenges posed by recent natural disasters.

Summarized from source with an LLMView Source

Key figures

8.27%1Y

42.9%3Y

114%5Y

Performance

21.3%1Y

24.9%3Y

28.4%5Y

Volatility