Rollins
Rollins provides pest control services to 2.8 million customers globally through subsidiaries and franchises, operating in over 70 countries with a focus on recurring revenue and technological innovation.
Company Overview
Rollins provides pest control services through its subsidiaries and franchises. For over 100 years, Rollins has offered comprehensive pest control solutions. The company serves 2.8 million commercial and residential customers globally, operating in the United States, Canada, Australia, Europe, Asia, Central and South America, the Caribbean, the Middle East, and Africa. It has more than 900 locations worldwide and owns several leading pest, termite, and wildlife control companies.
Services
Rollins offers a variety of pest control services, including residential and commercial pest control, and termite and ancillary services. The service lines also extend to wildlife control and removal, floor and drain cleaning, and home insulation services. The company invests in technology like Business Operations Support System, Virtual Route Manager, Orkin 2.0, BizSuite, and InSite to enhance operational efficiency and customer satisfaction.
Market Presence
Rollins operates in over 70 countries worldwide, holding a significant presence in multiple regions. Over 80% of its revenue is generated from contractual recurring services. In North America alone, Rollins controls 20% of the commercial pest control market. The company is committed to expanding its market presence and optimizing operational efficiency via technological advancements.
Financial Highlights
Rollins has shown consistent financial growth, with total revenue increasing by 11.2% for FY 2022 over 2021. In the first quarter of 2024, the company's revenues rose to $748 million, a 13.7% increase from the previous year. Rollins reported a quarterly net income of $94 million and a quarterly EPS of $0.19 per diluted share, marking a 5.6% increase over the prior year.
Sustainability Initiatives
Rollins is committed to sustainability initiatives aimed at reducing its environmental footprint and creating a safer and more inclusive workplace. The company integrates these initiatives into its business operations to ensure sustainable growth and improved environmental outcomes.