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Rollins, Inc. (NYSE: ROL) is a premier global consumer and commercial services company renowned for its essential pest control services. With a robust portfolio of subsidiaries such as Orkin, HomeTeam Pest Defense, Western Pest Services, and The Industrial Fumigant Company, Rollins provides protection against termite damage, rodents, and insects. These services reach over 2.8 million customers across North America, South America, Europe, Asia, Africa, and Australia, operating from more than 800 locations and employing over 19,000 people.
Core Business: Rollins' core business revolves around pest control and termite prevention services. The company's flagship brand, Orkin, is a market leader in the U.S. and Canada, offering comprehensive pest management solutions for residential and commercial clients. Rollins also owns subsidiaries like Clark Pest Control and Critter Control, enhancing its service offering and geographic reach.
Recent Achievements: Rollins reported strong financial results for the fourth quarter and full year of 2023, achieving record revenue and healthy margins. The company continues to focus on organic growth and strategic acquisitions, with a robust pipeline of potential deals. Recent acquisitions include Fox Pest Control, which has been seamlessly integrated into Rollins' operations.
Current Projects: Rollins is actively enhancing its service offerings through modernization and continuous improvement initiatives. The company is committed to leveraging technology to improve service delivery and customer satisfaction. Orkin recently launched the
Orkin released its 2021 Top 50 Rattiest Cities List, with Chicago ranking first for the seventh straight year. Los Angeles and New York follow in second and third positions, respectively. Notably, Cleveland enters the top 10 at #10, while Baltimore rises to #6. Portland, Maine, and Louisville, Kentucky, also debut in the rankings at #38 and #40. The rankings reflect the number of rodent treatments from September 2020 to September 2021. Increased rodent visibility during the pandemic prompted the CDC to issue guidelines for rodent prevention.
Rollins, Inc. (NYSE: ROL) announced the release of its unaudited financial results for the third quarter and nine months ended September 30, 2021, set for October 27, 2021. A conference call to discuss these results will occur on the same day at 10:00 a.m. Eastern Time. Participants can join by calling specified numbers or accessing the broadcast online. Rollins operates globally, providing pest control services through well-known brands, reaching over two million customers across multiple continents.
HomeTeam Pest Defense, a leading U.S. pest control company, has partnered with over 1,000 builders to install the Taexx built-in pest control system in 1.5 million new homes. This system effectively combats pests through a virtual barrier within walls, enhancing treatment longevity and safety for families and pets. Celebrating its 25th anniversary, HomeTeam reports high satisfaction rates among homeowners, with 97% expressing very high satisfaction with Taexx. The system is only installed during new construction, emphasizing its innovative appeal for modern home buyers.
Rollins, Inc. (NYSE:ROL) reported strong financial results for Q2 and the first half of 2021. Revenues reached $638.2 million, up 15.3% from $553.3 million year-over-year. Net income for Q2 was $98.9 million or $0.20 per diluted share, compared to $75.4 million or $0.15 in 2020. Year-to-date revenues rose 12.7% to $1.174 billion, with a net income of $191.5 million or $0.39 per diluted share. The company disposed of properties from the 2019 acquisition of Clark Pest Control, gaining $31.5 million pre-tax for the six-month period.
On July 28, 2021, Rollins, Inc. (NYSE:ROL) appointed Julie Bimmerman as Interim Chief Financial Officer and Treasurer, effective July 27, 2021. Bimmerman, who joined the company in 2004, previously served as Vice President - Finance and Investor Relations. Her appointment follows the transfer of Paul E. Northen to an operational role focusing on sustainability. Rollins provides pest control services globally through multiple brands, servicing over two million customers across various continents. For further details, refer to the upcoming SEC filing on July 28, 2021.
Rollins, Inc. (NYSE: ROL) declared a regular quarterly cash dividend of $0.08 per share, payable on September 10, 2021, to stockholders of record as of August 10, 2021. The company offers pest control services globally through its brands, serving over two million customers across multiple regions including North America, South America, Europe, Asia, Africa, and Australia. Rollins operates from over 700 locations, providing protection against termites, rodents, and insects.
Rollins, a leading global consumer and commercial services company, announced its unaudited financial results for Q2 and six months ended June 30, 2021, will be released on July 28, 2021. A conference call is scheduled for the same day at 10:00 a.m. Eastern Time to review these results. Interested participants can join via phone or listen online through the company's website. Rollins provides essential pest control services globally through its well-known brands, serving over two million customers.
Rollins, Inc. (NYSE: ROL) announces the election of Donald P. Carson to its Board of Directors, effective July 1, 2021. Carson, founder of Don Carson Associates, brings extensive experience from his previous roles at Wachovia Bank and as a partner at Paradigm Capital. His leadership is expected to enhance the company's strategic direction. Rollins, a global leader in pest control services, operates over 700 locations serving more than 2 million customers worldwide.
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