The company said revenue for Q2 2024 reached $891.9 million, up 8.7% from Q2 2023. Organic revenues rose 7.7%. Acquisitions added 1.7%, while divestitures reduced sales by 0.7%.

1. 01

   The company said revenue for Q2 2024 reached $891.9 million, up 8.7% from Q2 2023. Organic revenues rose 7.7%. Acquisitions added 1.7%, while divestitures reduced sales by 0.7%.

2. 02

   The company said operating income for Q2 rose 17.8% to $182.4 million, and operating margin improved 150 basis points to 20.4%. Net income was $129.4 million, and diluted earnings per share were $0.27.

3. 03

   Rollins said it generated $272.5 million of net cash from operating activities over the 6 months ended June 30, 2024. It said it spent $81.7 million on acquisitions and paid $145.2 million in cash dividends ($0.30 per share).

4. 04

   Rollins said it had outstanding borrowings of $504.0 million under its $1.0 billion revolving Credit Facility as of June 30, 2024, with an aggregate effective interest rate of 6.4%. The company said it held total cash of $106.7 million on the same date.

Key figures

Quarter ended June 30, 2024

Revenue

$892M

Operating income

$182M

Net income

$129M

EPS

$0.27

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.