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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 has released its 2024 Top Mosquito Cities List, with Los Angeles ranking first. The list, which tracks new residential mosquito treatments from April 2023 to March 2024, features five California cities in the top 50. Other top cities include New York, Chicago, Dallas, and Atlanta. Orkin emphasizes the health risks mosquitoes pose, as they are the deadliest animals on Earth, causing more than 600,000 malaria-related deaths annually. To combat this, Orkin is partnering with the American Red Cross for the 'Mosquitoes Don't Deserve a Drop' campaign, donating $25 per mosquito control service purchased from May 20 to June 30, 2024, up to $250,000. The campaign aims to reduce mosquito-transmitted illnesses and support the blood supply. Preventative measures recommended by Orkin include wearing protective clothing, using EPA-registered repellents, and eliminating standing water.
Rollins, Inc. (NYSE: ROL) will host its 2024 Investor and Analyst Conference on May 17th at 9 a.m. ET. The event will feature presentations by CEO Jerry Gahlhoff, CFO Ken Krause, and other leaders discussing the company's strategic priorities. A webcast will be available on the Rollins website for those unable to attend in person.
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