Rollins, Inc.'s Stock Analysis

Rollins Closes Secondary Public Offering of Common Stock

Rollins, Inc. announced the completion of a secondary public offering on November 12, 2025, involving the sale of 17,391,305 shares of its common stock at a price of $57.50 per share. The offering was executed by existing stockholders LOR, Inc. and Rollins Holding Company, Inc., with Morgan Stanley serving as the sole underwriter. Rollins did not sell any shares and did not receive proceeds from this offering. Additionally, the selling stockholders have entered into lock-up agreements restricting them from selling their shares for 365 days following the offering.

In conjunction with the offering, Rollins repurchased 3,478,260 shares of its common stock for approximately $200 million at the same price as the public offering. The offering was conducted under a shelf registration statement that had been declared effective by the SEC earlier in 2023. Investors can access the final prospectus supplement detailing the offering through the SEC's website or by contacting Morgan Stanley directly.

Nov 12, 2025 16:12:21

Rollins Announces Secondary Public Offering and Share Repurchase

Rollins, Inc. has announced a secondary public offering of 17,391,305 shares of its common stock at a price of $57.50 per share, which is being offered by existing stockholders LOR, Inc. and Rollins Holding Company, Inc. The offering is expected to close on November 12, 2025, pending customary conditions. The underwriter has an option to purchase an additional 2,608,695 shares. Rollins will not receive any proceeds from this offering as it is solely for the selling stockholders.

In conjunction with the offering, Rollins has agreed to repurchase 3,478,260 shares of common stock for approximately $200 million at the same price per share. The completion of this share repurchase is contingent upon the closing of the offering and is expected to occur simultaneously. The selling stockholders have also entered into lock-up agreements for 365 days, restricting them from certain transactions involving their shares during this period.

Nov 10, 2025 19:51:58

Rollins Launches $1 Billion Secondary Stock Offering

Rollins, Inc. has announced a secondary public offering of $1.0 billion in common stock, which will be sold by its existing stockholders, LOR, Inc. and Rollins Holding Company, Inc. The offering includes a 30-day option for underwriters to purchase an additional $150 million of shares. Rollins will not sell any shares or receive proceeds from this offering. The selling stockholders will enter into a lock-up agreement for 365 days following the pricing date of the offering, restricting them from certain transactions involving their shares.

In conjunction with the offering, Rollins plans to repurchase approximately $200 million of the common stock being offered, at the same price as that paid by the underwriter to the selling stockholders. The completion of the share repurchase is contingent upon the successful closing of the offering, and both transactions are subject to market conditions. Morgan Stanley is serving as the sole bookrunner for the offering, which is being conducted under a previously filed registration statement with the SEC.

Nov 10, 2025 16:31:38

Rollins Reports Third Quarter 2025 Financial Results

Rollins, Inc. announced its financial results for the third quarter of 2025, reporting revenues of $1 billion, a 12% increase from the same quarter in 2024. The company achieved a quarterly operating income of $225 million, reflecting a 17.3% year-over-year growth, with an operating margin of 21.9%. Net income for the quarter was $164 million, up 19.4% compared to the prior year, resulting in earnings per share of $0.34, a 21.4% increase from $0.28 in the previous year. Adjusted EBITDA also saw a significant rise of 17.7%, reaching $258 million with a margin of 25.2%.

In terms of cash flow, Rollins reported an operating cash flow of $191 million, marking a 30.2% increase from the previous year. The company invested $35 million in acquisitions and paid out $80 million in dividends during the quarter. Management highlighted the strong performance as a result of double-digit revenue growth and improved margins, indicating a focus on continuous improvement and capital allocation strategies to support future growth.

Oct 29, 2025 16:09:58

Rollins Reports Second Quarter 2025 Financial Results

Rollins, Inc. announced its unaudited financial results for the second quarter of 2025, reporting revenues of $1 billion, a 12.1% increase from the same period in 2024. The company achieved a quarterly operating income of $198 million, up 8.7% year-over-year, with an operating margin of 19.8%. Net income for the quarter rose by 9.3% to $141 million, and earnings per share increased to $0.29. Operating cash flow also improved significantly, reaching $175 million, an increase of 20.7% compared to the previous year, while the company invested $226 million in acquisitions and paid $79 million in dividends during the quarter.

In addition to revenue growth, Rollins experienced a 10% increase in adjusted EBITDA to $231 million, although adjusted EBITDA margin decreased slightly to 23.1%. The company noted strong performance across all major service lines and expressed confidence in its growth strategy moving forward. Management highlighted the importance of maintaining a balanced capital allocation strategy, supported by a strong balance sheet and healthy cash flow, as they continue to focus on enhancing profitability and operational efficiency.

Jul 23, 2025 16:07:42

Rollins, Inc. Reports First Quarter 2025 Financial Results

Rollins, Inc. announced its financial results for the first quarter of 2025, reporting revenues of $823 million, which is a 9.9% increase compared to the same period in 2024. The company's operating income rose to $143 million, marking a 7.7% increase year-over-year, while net income reached $105 million, reflecting an 11.5% growth. The earnings per share (EPS) also increased to $0.22, a 15.8% rise from the previous year's $0.19. The company reported a 15.3% increase in operating cash flow, amounting to $147 million for the quarter.

Additionally, Rollins invested $27 million in acquisitions and paid $80 million in dividends during the quarter. The adjusted operating income was $147 million, up 6.7% from the prior year, and adjusted EBITDA was $172 million, a 6.9% increase. The company cited organic revenue growth of 7.4% and highlighted the positive impact of strategic investments and acquisitions on its performance. The management expressed confidence in the company's position and ongoing growth strategy.

Apr 23, 2025 16:06:01

Rollins, Inc. Launches Commercial Paper Program and Credit Agreement Amendment

Rollins, Inc. has initiated a commercial paper program allowing for the issuance of up to $1 billion in short-term, unsecured notes for general corporate purposes. No notes are currently outstanding, and the program will involve multiple commercial paper dealers and a national bank as the issuing agent. The notes will not be registered under the Securities Act, and customary fees may be paid to dealers for financial services provided to the company.

Additionally, the company has amended its revolving credit agreement, releasing several subsidiaries from their guarantees under the agreement, leaving no subsidiary as a guarantor. This change in the credit agreement is noted along with the establishment of a supplemental indenture that also releases the same subsidiaries as guarantors under the indenture. The full text of these agreements is available in the respective exhibits filed with the report.

Mar 21, 2025 08:00:13

Rollins, Inc. Issues $500 Million in Senior Notes Due 2035

Rollins, Inc. has successfully issued $500 million in 5.25% Senior Notes due 2035, which will primarily be used to repay existing borrowings under its revolving credit facility and for general corporate purposes. The interest on these notes will be paid semiannually, starting August 2025, and they rank equally with the company’s other senior debts. The issuance is backed by guarantees from certain subsidiaries, although the notes themselves are not secured by any company assets. The company has also committed to filing a registration statement for exchange offers within 270 days after the issue date.

However, the notes come with certain risks as they are structurally subordinated to other liabilities of non-guarantor subsidiaries. Additionally, if the company fails to complete the exchange offer or if registration statements are not filed in time, the interest rate on the notes could increase by 0.25% per annum. The indenture includes covenants that restrict the company's ability to incur additional liens or engage in significant asset transactions, which could limit operational flexibility.

Feb 24, 2025 17:01:52

Rollins, Inc. Prices $500 Million Senior Notes Offering

Rollins, Inc. has announced the pricing of $500 million in 5.25% Senior Notes due in 2035, with the offering expected to close on February 24, 2025. The funds raised will primarily be used to repay existing debt and for general corporate purposes, such as dividends and acquisitions. The Notes will be guaranteed by the Company's subsidiaries involved in its senior credit facility and will not be registered under the Securities Act, limiting their sale in certain jurisdictions.

On the negative side, the offering is subject to customary closing conditions, which may pose risks if not met. Additionally, the Notes will not be available for sale in the U.S. without proper registration or exemption, which could restrict investor access. The press release also includes caution regarding forward-looking statements, suggesting uncertainties in future financial performance and operational results.

Feb 19, 2025 17:09:32

Rollins, Inc. Reports $3.4 Billion in Annual Revenue

Rollins, Inc. announced that its revenues for the fourth quarter of 2024 reached $832 million, marking a 10.4% increase from the previous year. The company also reported a 23.1% rise in operating cash flow to $188 million, alongside an adjusted net income of $109 million, which is an 8.0% increase compared to the last year. Overall, the full year revenue totaled $3.4 billion, reflecting a growth of 10.3%, with net income increasing by 7.2% to $466 million.

However, the company faced some challenges, including a 2.9% decline in net income for the fourth quarter compared to the same period last year. Additionally, while operating margins improved slightly for the full year, there was a decrease in adjusted operating income margin in the fourth quarter. The adjusted EBITDA margin also saw a minor decline of 20 basis points, indicating some pressure on profitability despite the overall revenue growth.

Feb 12, 2025 16:06:34