Rollins said revenue for Q3 2024 was $916.3 million, up 9.0% from a year earlier, with organic revenue growth of 7.7%, and operating income was $191.8 million, with an operating margin of 20.9%.

10-QQuarterly reportFiled Oct 24, 2024Period of report Sep 30, 2024Summary published (UTC) Oct 23, 2026

Key points

AI summary

Rollins said revenue for Q3 2024 was $916.3 million, up 9.0% from a year earlier, with organic revenue growth of 7.7%, and operating income was $191.8 million, with an operating margin of 20.9%.
The company said gross margin for Q3 was 54.0%, up 20 basis points from 53.8% a year earlier, and SG&A was $274.9 million, with its share of revenue rising from 29.1% to 30.0%.
Rollins said operating cash flow for Q3 was $146.9 million, and in the same quarter it spent $23.9 million on acquisitions, $7.5 million on capital expenditures, and $72.8 million on dividend payments.
The company said it had $447.0 million in outstanding borrowings under its Credit Facility as of September 30, 2024, and it said it is focused on organic revenue growth of 7% to 8% and inorganic revenue growth of 2% to 3% for 2024.

Key figures

Quarter ended September 30, 2024

Revenue: $916M
Operating income: $192M
Net income: $137M
EPS: $0.28

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

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.

Q3 2024 Revenue and Operating Income

Rollins said revenue for Q3 2024 was $916.3 million, up 9.0% from a year earlier, with organic revenue growth of 7.7%, and operating income was $191.8 million, with an operating margin of 20.9%.

Source · Based on the MD&A text of the filing

Q3 Gross Margin and SG&A Share

The company said gross margin for Q3 was 54.0%, up 20 basis points from 53.8% a year earlier, and SG&A was $274.9 million, with its share of revenue rising from 29.1% to 30.0%.

Source · Based on the MD&A text of the filing

Q3 Uses of Cash

Rollins said operating cash flow for Q3 was $146.9 million, and in the same quarter it spent $23.9 million on acquisitions, $7.5 million on capital expenditures, and $72.8 million on dividend payments.

Source · Based on the MD&A text of the filing

Credit Facility Balance and Annual Growth Targets

The company said it had $447.0 million in outstanding borrowings under its Credit Facility as of September 30, 2024, and it said it is focused on organic revenue growth of 7% to 8% and inorganic revenue growth of 2% to 3% for 2024.

Source · Based on the MD&A text of the filing

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

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