Rollins, Inc.'s Stock Analysis

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

Rollins, Inc. Reports Strong Q3 2024 Financial Results

Rollins, Inc. has reported impressive financial performance for the third quarter of 2024, with revenues reaching $916 million, a 9% increase compared to the same period last year. The company also saw growth in net income, which rose by 7.1% to $137 million. Despite some operational disruptions caused by Hurricane Helene, Rollins achieved organic revenue growth of 7.7%, demonstrating resilience in a healthy market. Additionally, operating cash flow improved by 15.4%, and the company continued to invest in acquisitions and dividends, indicating a commitment to growth and shareholder returns.

However, while overall revenue and income increased, there were slight declines in operating margins and adjusted EBITDA margins, which decreased by 20 and 80 basis points, respectively. This suggests that growth investments may be impacting profitability in the short term. The leadership transition announced for early 2025, with Gary W. Rollins stepping back as Executive Chairman, may also introduce uncertainties regarding future strategic direction. Nonetheless, the management expressed confidence in achieving long-term objectives and improving margins moving forward.

Oct 23, 2024 16:07:20

Rollins, Inc. Reports Strong Q2 2024 Financial Results

Rollins, Inc. achieved solid financial growth in Q2 2024, with revenues rising 8.7% to $892 million. Operating income increased by 17.8%, and net income grew by 17.5%. Earnings per share also saw a significant rise of 22.7%. The company highlighted strong demand for its services and a robust acquisition pipeline, indicating a positive outlook for continued growth. However, operating cash flow slightly decreased by 1.6% compared to the previous year.

Jul 24, 2024 16:06:39

Rollins Appoints New Lead Independent Director

Louise S. Sams becomes Rollins' Lead Independent Director and Chairperson of the Nominating and Corporate Governance Committee. Her appointment follows the retirement of Mr. Jerry W. Nix. With vast governance experience, Sams is expected to contribute to Rollins' growth. Rollins, operating globally, offers pest control services through various brands to millions of customers. The company's leadership change aims to strengthen governance and leadership qualities.

Apr 25, 2024 16:06:39

Rollins, Inc. Q1 2024 Financial Results Show Strong Growth

Rollins, Inc. reports a 13.7% revenue increase in Q1 2024, with notable growth in operating income, net income, and cash flow. Organic revenue rose by 7.5%, and adjusted metrics improved significantly. The company's CEO and CFO highlight the positive performance and express confidence in future growth through acquisitions and profitability enhancements. Rollins, a global consumer and commercial services company, operates multiple brands and serves millions of customers worldwide.

Apr 24, 2024 16:07:08