Rollins said revenues for 2024 were $3.4 billion, an increase of $315.4 million, or 10.3%, from 2023. The company said organic revenue growth was 7.9%, acquisitions added 3.1%, offset by divestitures of 0.7%.

1. 01

   Rollins said revenues for 2024 were $3.4 billion, an increase of $315.4 million, or 10.3%, from 2023. The company said organic revenue growth was 7.9%, acquisitions added 3.1%, offset by divestitures of 0.7%.

2. 02

   Rollins said gross profit for 2024 was $1.8 billion, an increase of 11.4% compared to 2023, and gross margin improved 50 basis points to 52.7% from 52.2%. Operating margin increased 40 basis points to 19.4%, the company said.

3. 03

   Rollins said net cash provided by operating activities for 2024 was $607.7 million, an increase of $79.3 million compared to 2023 of $528.4 million. The company cited operating results and the timing of cash receipts and payments as factors for the increase.

4. 04

   Rollins said it used $440.7 million of cash in financing activities in 2024, paying dividends of $298.0 million, or $0.62 per share, and net repayments under the Credit Facility of $96.0 million. The company also paid contingent consideration of $39.8 million.

Key figures

Fiscal year ended December 31, 2024

Revenue

$3.4B

Operating income

$657M

Net income

$466M

EPS

$0.96

Operating cash flow

$608M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). 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.