Rollins, Inc. ( (ROL) ) has released its Q4 earnings. Here is a breakdown of the information Rollins, Inc. presented to its investors.
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Rollins, Inc. is a global consumer and commercial services company specializing in pest control and protection services through its numerous brands worldwide. Known for its extensive reach across continents, Rollins serves over 2.8 million customers and employs more than 20,000 people from over 800 locations.
In its latest earnings report for the fourth quarter and full year of 2024, Rollins, Inc. showcased a robust financial performance. The company reported a 10.4% increase in fourth-quarter revenues, amounting to $832 million, and a 10.3% rise for the full year, reaching $3.4 billion. This growth was driven by both organic improvements and strategic acquisitions.
Key financial highlights included a fourth-quarter operating income of $151 million, marking an 8.3% increase from the previous year, and an operating cash flow of $188 million, up by 23.1%. For the entire year, Rollins achieved a net income of $466 million, a 7.2% increase from 2023, and an adjusted net income of $479 million, up by 10.4%. The company also maintained a steady operating margin, which increased by 40 basis points over the year to 19.4%.
Looking ahead to 2025, Rollins remains optimistic about the continued strength in pest control markets and plans to sustain its growth momentum through operational execution and strategic acquisitions. The company aims to enhance profitability through pricing strategies, modernization efforts, and ongoing improvements while maintaining a balanced capital allocation strategy.
