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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
For the tenth consecutive year, Chicago has topped Orkin's Top 50 Rattiest Cities List, highlighting the city's ongoing struggle with rodents. Los Angeles and New York have maintained their positions in the top three since 2017. The list is based on new residential rodent treatments from September 1, 2023, to August 31, 2024.
Orkin emphasizes the serious concerns rodents pose to homeowners, including structural damage, fire risks from chewing wires, and spreading illnesses. The company provides tips for identifying and preventing rodent infestations, such as sealing entry points, eliminating food sources, and maintaining outdoor areas.
Orkin, founded in 1901, is an industry leader in pest control services with 358 owned and operated branch offices and 47 franchises in the U.S., as well as international presence. The company is committed to public health and has partnered with the American Red Cross since 2020 to educate about mosquito health threats.
Rollins, Inc. (NYSE: ROL), a leading global consumer and commercial services company, has announced the release date for its third quarter 2024 financial results. The results will be disclosed after market close on Wednesday, October 23, 2024. Following this, Rollins will host a conference call on Thursday, October 24, 2024, at 8:30 a.m. Eastern Time to review the company's financial and operating results.
Interested parties can participate in the conference call by dialing 1-877-869-3839 (domestic) or +1-201-689-8265 (international) with conference ID 13749018. The call will also be broadcast live over the internet and can be accessed via the Rollins website. For those unable to join the live call, a replay will be available on the website for 180 days.
Rollins (NYSE: ROL), a leading global consumer and commercial services company, has announced its participation in the J.P. Morgan 15th Annual U.S. All Stars Conference. The event will take place on September 18, 2024, at the London J.P. Morgan Headquarters.
Key details:
- Presenters: Jerry Gahlhoff (President and CEO) and Kenneth Krause (EVP, CFO, and Treasurer)
- Time: 9:00 a.m. - 9:45 a.m. E.T.
- Webcast: Available live and for 180 days after the event
- Access: https://www.rollins.com/news-events/ir-calendar
This presentation offers investors an opportunity to gain insights into Rollins' strategies and financial performance.
Rollins (NYSE: ROL) reported robust Q2 2024 financial results with revenues of $892 million, up 8.7% YoY, and organic revenue growth of 7.7%. Operating income rose by 17.8% to $182 million, with a margin of 20.4%, improving by 150 basis points. Adjusted EBITDA increased 15.3% to $210 million, yielding a margin of 23.6%, up 140 basis points. Net income reached $129 million, a 17.5% rise, and EPS grew by 22.7% to $0.27 per diluted share. Investments included $35 million in acquisitions and $9 million in capital expenditures, while $73 million was paid in dividends. Operating cash flow amounted to $145 million.
Management highlighted strong demand for services and a robust acquisition pipeline, projecting continuous growth and enhanced profitability.
Rollins (NYSE: ROL), a leading global consumer and commercial services company, has announced a regular quarterly cash dividend of $0.15 per share. The dividend will be payable on September 10, 2024 to shareholders of record at the close of business on August 12, 2024. This announcement demonstrates Rollins' commitment to providing consistent returns to its shareholders and reflects the company's financial stability. The regular dividend payout suggests confidence in the company's ongoing performance and cash flow generation capabilities.
Rollins (NYSE: ROL) will release its Q2 2024 financial results on July 24, 2024, after the market closes. A conference call to discuss the results will be held on July 25 at 8:30 a.m. ET. Participants can join via phone or online. A replay of the call will be available on the company's website for 180 days.
Orkin announced a partnership with Savannah College of Art and Design (SCAD) to redesign uniforms for over 10,000 employees. The collaboration utilized SCADpro, a student innovation studio, to reinvent the company's traditional uniform, focusing on enhancing comfort, especially for women. The new design employs a classic color palette of white, red, black, and khaki, with modern updates in fit, functionality, and utility. Key improvements include breathable poly-spandex blend shirts, wrinkle-resistant pants with four-way stretch, and added pockets for utility. These changes aim to boost productivity while maintaining Orkin's professional and brand heritage.
Rollins, a leading global consumer and commercial services company, announced that Kenneth Krause, EVP, CFO, and Treasurer, will present at three upcoming investor conferences. The events are:
1. William Blair 44th Annual Growth Stock Conference on June 4, 2024, at the Loews Chicago Hotel, from 9:40 a.m. to 10:10 a.m. ET.
2. Stifel 2024 Cross Sector Insight Conference on June 5, 2024, at the InterContinental Boston, from 1:15 p.m. to 1:45 p.m. ET.
3. Wells Fargo Industrials Conference on June 11, 2024, at the Loews Chicago Hotel, from 4:45 p.m. to 5:15 p.m. ET.
The presentations will be webcast live and replays will be available for 180 days. Access the webcasts on Rollins' website under the "News and Events" menu.
Orkin is hosting a unique 'Orkinstra' symphony event on June 8, 2024, in Springfield, Illinois, to commemorate the rare double emergence of cicada Broods XIX and XIII. This event, featuring a seven-act symphony composed by Bryan Rheude, will be performed by classically-trained musicians and synchronized with the cicadas' emergence. The performance will be live-streamed on TikTok, and the music will be available on Spotify. Orkin is also offering a -edition t-shirt to celebrate this phenomenon. The cicadas, which are harmless to people and property, will emerge after 13 and 17 years of underground life. For more details, visit Orkin's website.
Rollins, a leading global consumer and commercial services company, held its 2024 Investor and Analyst Conference on May 17th, 2024, at the New York Stock Exchange. The leadership team outlined five strategic priorities: leveraging competitive advantages in the North American pest control market, investing in growth both organically and through acquisitions, enhancing productivity through modernization, and continuing disciplined capital allocation to create shareholder value.
CEO Jerry Gahlhoff emphasized a customer-centric approach to growing and acquiring market-leading pest control businesses, while CFO Ken Krause stated that the company expects continued improvement in earnings and cash flow growth.
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