Market Data 
Markets
Explore small cap ideas before they hit the headlines.
Orkin Invites Students to Imagine Life in 2151 Through National Virtual Insect Science Fair
June 16, 2026 5:24 AM
PR Newswire (US)
"Insect 2151" Challenges Teens to Reimagine the Future Through Insect-Inspired Innovation, Offering $180,000 in Scholarships and Inspiring the Next Generation of Innovators
ATLANTA, June 16, 2026 /PRNewswire/ -- As Orkin marks 125 years of helping people better understand and manage pests, the company is launching the Orkin Insect 2151 Science Fair. The national virtual competition challenges students ages 14-18 to explore entomology and imagine how insect-inspired ideas could help solve real-world challenges over the next 125 years. Born out of Orkin's 125th anniversary and vision for the future, the competition encourages students to explore how insect science can inspire tomorrow's innovations in ways they may never have imagined. Orkin will award $180,000 in scholarship awards to the winning science fair projects.
"Through Insect 2151, we want to encourage young people to think like scientists, ask bold questions and explore how nature's oldest innovators can inspire the future," said Shannon Sked, Orkin's National Technical Director. "By imagining how the world will continue to change through 2151, participants are preparing for challenges that may not fully exist today but are already beginning to take shape. In doing so, they gain exposure to the study of entomology, which will remain essential as long as people, businesses and communities need protection from pests, and the many ways insect science intersects with emerging fields that will help shape our future."
According to a recent YouGov survey commissioned by Orkin, 44% of teens describe feeling curious about insects, and 50% of teens say they are interested in learning more, while 55% of parents of teens agree. However, many teens' experiences with insects are limited to practical encounters, such as having pests removed from their home, and only 12% of parents say their child has learned a great deal about insects in school. Orkin is launching Insect 2151 at a time when curiosity about insects can fade or compete with other interests as students grow older and begin focusing on hobbies and potential career paths.
Survey results also suggest interest in insects hasn't disappeared; rather, students may need new ways to connect with the subjects and careers that capture their attention today. The Insect 2151 Science Fair is designed to help make those connections, showing how insect science can inspire innovation across fields ranging from robotics and artificial intelligence to environmental stewardship, public health, design and sustainability. While relatively few respondents expressed specific interest in entomology careers, many are drawn to fields that increasingly intersect with modern insect science.
"For 125 years, Orkin has helped educate people about insects and supported the advancement of entomological science," said Dr. Daniel Suiter, Orkin Endowed Professor of Urban Entomology at the University of Georgia. "Insects have inspired breakthroughs in technology, engineering and design through biomimicry, from mosquito-inspired needles and sharkskin-inspired materials to the swarm intelligence of ants and the natural temperature regulation found in termite mounds. By challenging students to imagine the future through an entomological lens, the Insect 2151 Science Fair highlights how insect science can spark curiosity, innovation and discovery."
Today's insect scientists are indeed already helping shape the future. By combining entomology with fields such as artificial intelligence, robotics, predictive analytics and engineering, they are contributing to solutions for some of society's most complex challenges, from public health and food security to sustainability and infrastructure design. To help transform curiosity into discovery, Orkin invites students across the country to participate in the Insect 2151 Science Fair.
CONTEST DETAILS
To enter, students ages 14-18 must:
A total of $180,000 in scholarship prizes will be awarded to the top presentations submitted.
The first-place winner will also receive an invitation to join Orkin in Washington, D.C. during the opening of a new visitor experience at the O. Orkin Insect Zoo at the Smithsonian National Museum of Natural History, which Orkin is generously supporting.
Parents or guardians must submit entries on behalf of minors. Complete contest rules, eligibility requirements and submission details are available at orkininsect2151.com.
The Insect 2151 Science Fair builds on Orkin's long history of supporting education and advancing insect science. Since 2023, the company has endowed the Orkin Professorship in Urban Entomology at the University of Georgia College of Agricultural and Environmental Sciences in order to support research that impacts the entire industry. As Orkin celebrates 125 years, the company continues to invest in the next generation of scientific thinkers whose ideas may help shape the future of entomology, innovation and pest management.
About Orkin, LLC
Founded in 1901, Atlanta-based Orkin has been shaping the pest control industry for 125 years, providing protection against termite damage, rodents and insects through its commitment to scientific knowledge and unmatched training. From its earliest days to today, Orkin's innovative spirit continues to define the future of pest management.
Orkin is dedicated to protecting the places where we live, work and play by helping prevent and control pests and educating consumers about the potential health risks they pose. Guided by a service-first mission to deliver peace of mind, Orkin Pros are trusted professionals who embody the company's values of safety, integrity, professionalism, empathy and innovation. Since 2020, Orkin has partnered with the American Red Cross® to raise awareness about mosquito-borne health threats while supporting the nation's blood supply through monetary contributions and blood donations.
Orkin has more than 400 owned and operated branch offices and nearly 50 franchises in the U.S. The company also has international franchises and subsidiaries in Canada, Europe, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Africa and Mexico. Learn more about careers at Orkin here.
Visit Orkin.com for additional information. Orkin is a wholly-owned subsidiary of Rollins Inc. (NYSE: ROL). Follow us on Facebook, Instagram, TikTok and LinkedIn.
View original content to download multimedia:https://www.prnewswire.com/news-releases/orkin-invites-students-to-imagine-life-in-2151-through-national-virtual-insect-science-fair-302801035.html
SOURCE Orkin, LLC
Original: Orkin Invites Students to Imagine Life in 2151 Through National Virtual Insect Science Fair
ROLLINS TO PRESENT AT UPCOMING INVESTOR CONFERENCES
June 1, 2026 4:05 PM
PR Newswire (US)
ATLANTA, June 1, 2026 /PRNewswire/ -- Rollins, Inc. (NYSE: ROL), a premier global consumer and commercial services company, today announced that members of management will present at the following events:
William Blair 46th Annual Growth Stock Conference at the Loews Hotel, Chicago, Illinois, on Wednesday, June 3rd from 1:00 p.m. – 1:30 p.m. E.T.
Baird 2026 Global Consumer, Technology & Services Conference at the Intercontinental New York Barclay, New York, on Thursday, June 4th from 9:05 a.m. – 9:35 a.m. E.T.
These events will be webcast live and can be accessed at https://www.rollins.com/investors/events-presentations. Following the presentations, a replay will be available for 180 days at the link listed above, under the "Events and Presentations" menu. Please note that the schedule above is subject to change.
About Rollins, Inc.
Rollins, Inc. (ROL) is a premier global consumer and commercial services company. Through its family of leading brands, the Company and its franchises provide essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers in North America, South America, Europe, Asia, Africa, and Australia, with approximately 22,000 employees from more than 850 locations. Rollins is parent to Aardwolf Pestkare, Clark Pest Control, Crane Pest Control, Critter Control, Fox Pest Control, HomeTeam Pest Defense, Industrial Fumigant Company, McCall Service, MissQuito, Northwest Exterminating, OPC Pest Services, Orkin, Orkin Australia, Orkin Canada, PermaTreat, Safeguard, Saela Pest Control, Trutech, Waltham Services, Western Pest Services, and more. You can learn more about Rollins and its subsidiaries by visiting www.rollins.com.
Investor Contact:
InvestorRelations @Privateer1
View original content to download multimedia:https://www.prnewswire.com/news-releases/rollins-to-present-at-upcoming-investor-conferences-302787373.html
SOURCE Rollins, Inc.
Original: ROLLINS TO PRESENT AT UPCOMING INVESTOR CONFERENCES
NYSE Content Update: Global Medical Response to Go Public After $479 Million IPO
May 13, 2026 8:55 AM
PR Newswire (Canada)
NYSE issues a pre-market daily advisory direct from the trading floor.
NEW YORK, May 13, 2026 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.
Ashley Mastronardi delivers the pre-market update on May 13th
Opening Bell
Global Medical Response (NYSE: GMRS) celebrates its IPO
Closing Bell
Rollins (NYSE: ROL) continues its journey to modernize through growth and innovation
For market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/nyse-content-update-global-medical-response-to-go-public-after-479-million-ipo-302770934.html
SOURCE New York Stock Exchange
Original: NYSE Content Update: Global Medical Response to Go Public After $479 Million IPO
Rollins To Host 2026 Investor and Analyst Conference on May 14th
May 7, 2026 6:08 PM
PR Newswire (US)
ATLANTA, May 7, 2026 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, will hold its 2026 Investor and Analyst Conference on Thursday, May 14, at 9 a.m. Eastern Time.
A webcast of the event will be available by logging onto the Rollins, Inc. website at www.rollins.com/investors/events-presentations. The webcast will be available approximately three hours after the event has concluded.
About Rollins, Inc.:
Rollins, Inc. (ROL) is a premier global consumer and commercial services company. Through its family of leading brands, the Company and its franchises provide essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers in North America, South America, Europe, Asia, Africa, and Australia, approximately 22,000 employees from more than 850 locations. Rollins is parent to Aardwolf Pestkare, Clark Pest Control, Crane Pest Control, Critter Control, Fox Pest Control, HomeTeam Pest Defense, Industrial Fumigant Company, McCall Service, MissQuito, Northwest Exterminating, OPC Pest Services, Orkin, Orkin Australia, Orkin Canada, PermaTreat, Safeguard, Saela Pest Control, Trutech, Waltham Services, Western Pest Services, and more. You can learn more about Rollins and its subsidiaries by visiting www.rollins.com.
Investor Contact:
InvestorRelations @Privateer1
View original content to download multimedia:https://www.prnewswire.com/news-releases/rollins-to-host-2026-investor-and-analyst-conference-on-may-14th-302766329.html
SOURCE Rollins, Inc.
Original: Rollins To Host 2026 Investor and Analyst Conference on May 14th
Los Angeles Holds Top Spot as Worst City for Mosquitoes as Activity Climbs Nationwide
May 5, 2026 7:53 AM
PR Newswire (US)
A decade ago, Atlanta led the nation in mosquito activity—in its 6th year running, Los Angeles has firmly taken that title
ATLANTA, May 5, 2026 /PRNewswire/ -- As mosquito season kicks off across the U.S., Orkin's 2026 Mosquito Cities List reveals a significant shift in mosquito activity across the U.S. and where these unwelcome pests are making the biggest buzz. While Los Angeles, Chicago and New York hold the top three spots, the broader top 50 list shows mosquito activity expanding beyond traditional hotspots and reaching more regions across the country.
Data over time shows a clear geographic change. For six consecutive years, from 2015 through 2020, Atlanta held the top spot. Since 2021, Los Angeles has consistently ranked No. 1, marking a shift in the highest levels of mosquito activity. A pest issue that was once concentrated in the Southeast has evolved into a nationwide concern, with cities across every region now facing risks from this pest.
Beyond being a nuisance, mosquitoes are the deadliest animal in the world, responsible for more than 600,000 malaria-related deaths each year, according to the Centers for Disease Control and Prevention. In the U.S., they can spread serious diseases including West Nile virus, Eastern Equine Encephalitis and Zika. Additionally, mosquito-borne diseases that were once rare or uncommon in the U.S., such as dengue fever, are rising significantly, making prevention especially important as activity increases during peak season.
As part of its ongoing commitment to public health, Orkin continues its partnership with the American Red Cross through its Mosquitoes Don't Deserve a Drop campaign, helping raise awareness of mosquito-borne risks while supporting the nation's blood supply during peak season. From May to August 2026, for every mosquito control service purchased, Orkin will donate $25 to the American Red Cross, up to $250,000.
The rankings are based on the number of new residential mosquito treatments performed by Orkin from March 18, 2025, to March 18, 2026.
1. Los Angeles | 26. Oklahoma City (-2) |
2. Chicago | 27. Pittsburgh (+1) |
3. New York | 28. Grand Rapids, Mich. (-3) |
4. Detroit (+1) | 29. Norfolk, Va. (-2) |
5. Atlanta (-1) | 30. Cincinnati (-1) |
6. Washington, D.C. (+2) | 31. Richmond, Va. (-1) |
7. Houston (-1) | 32. St. Louis (+15) |
8. Dallas (-1) | 33. Flint, Mich. (-2) |
9. Cleveland | 34. Boston (+6) |
10. Denver | 35. Knoxville, Tenn. (+1) |
11. Raleigh, N.C. (+2) | 36. West Palm Beach, Fla. (+6) |
12. Charlotte, N.C. (+2) | 37. Tulsa, Okla. (-5) |
13. Minneapolis (+6) | 38. Albuquerque, N.M. (-3) |
14. Philadelphia (-3) | 39. Sacramento, Calif. (new) |
15. Indianapolis (+1) | 40. Phoenix (new) |
16. Tampa, Fla. (+2) | 41. San Antonio (-4) |
17. Miami (-5) | 42. Cedar Rapids, Iowa (-9) |
18. San Francisco (-3) | 43. Traverse City, Mich. (new) |
19. Orlando, Fla. (-2) | 44. Hartford, Conn. (+1) |
20. Columbus, Ohio (+3) | 45. San Diego (-6) |
21. Greenville, S.C. (+1) | 46. Columbia, S.C. (-5) |
22. Baltimore (-2) | 47. Springfield, Ill. (new) |
23. Milwaukee (+15) | 48. Memphis, Tenn. (-14) |
24. Seattle (+2) | 49. Greenville, N.C. (new) |
25. Nashville, Tenn. (-4) | 50. Greensboro, N.C. (-5) |
"Over the past decade, we've seen mosquito activity expand beyond traditional hotspots and become a nationwide concern," said Shannon Sked, Orkin entomologist. "While major cities continue to experience consistent pressure, emerging trends—especially in the Midwest—show how shifting climate conditions and the expanding range of the yellow fever mosquito are creating new hotspots across the country."
Midwestern cities continue to see some of the fastest growth year-over-year, with Milwaukee jumping 15 spots to No. 23 and Minneapolis climbing six spots to No. 13. At the same time, some historically high-ranking cities saw declines, with Miami and Greensboro, N.C. each dropping five spots. Changes like these underscore how environmental factors, including the spread of species like the yellow fever mosquito (Aedes aegypti), are reshaping mosquito pressures across the country.
Several new cities appeared on this year's list, including first-time entries Traverse City, Mich., Greenville, N.C. and Springfield, Ill., alongside returning cities like Sacramento, Calif. and Phoenix. Together, they highlight how mosquito activity is expanding into regions not traditionally associated with high levels of mosquito pressure.
To help reduce mosquito activity, Orkin recommends using the acronym BITE to remember key prevention steps:
For more mosquito facts and prevention tips, visit Orkin.com.
About Orkin, LLC
Founded in 1901, Atlanta-based Orkin has been shaping the pest control industry for 125 years, providing protection against termite damage, rodents and insects through its commitment to scientific knowledge and unmatched training. From its earliest days to today, Orkin's innovative spirit continues to define the future of pest management.
Orkin is dedicated to protecting the places where we live, work and play by helping prevent and control pests and educating consumers about the potential health risks they pose. Guided by a service-first mission to deliver peace of mind, Orkin Pros are trusted professionals who embody the company's values of safety, integrity, professionalism, empathy and innovation. Since 2020, Orkin has partnered with the American Red Cross® to raise awareness about mosquito-borne health threats while supporting the nation's blood supply through monetary contributions and blood donations.
Orkin has more than 400 owned and operated branch offices and nearly 50 franchises in the U.S. The company also has international franchises and subsidiaries in Canada, Europe, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Africa and Mexico. Learn more about careers at Orkin here.
Visit Orkin.com for additional information. Orkin is a wholly-owned subsidiary of Rollins Inc. (NYSE: ROL). Follow us on Facebook, Instagram, TikTok and LinkedIn.
View original content to download multimedia:https://www.prnewswire.com/news-releases/los-angeles-holds-top-spot-as-worst-city-for-mosquitoes-as-activity-climbs-nationwide-302762616.html
SOURCE Orkin, LLC
Original: Los Angeles Holds Top Spot as Worst City for Mosquitoes as Activity Climbs Nationwide
ROLLINS, INC. REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS
April 22, 2026 4:05 PM
PR Newswire (US)
Strong Acceleration of Demand During March Drives Improvement in Organic Growth Profile
ATLANTA, April 22, 2026 /PRNewswire/ -- Rollins, Inc. (NYSE: ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, reported unaudited financial results for the first quarter of 2026.
Key Highlights
*Amounts are non-GAAP financial measures. See the schedules below for a discussion of non-GAAP financial metrics including a reconciliation to the most directly comparable GAAP measure.
Management Commentary
"Our results for the first quarter reflect our resilient business model and the ongoing focus of our teammates on operational excellence," said Jerry Gahlhoff, Jr., President and CEO. "We continue to invest in our business by focusing on organic demand generation activities, while also strengthening our Rollins family of brands through strategic M&A like the Romex acquisition we made in April. Our peak season is off to a strong start, and we are well-positioned from a staffing and service perspective to deliver for our customers," Mr. Gahlhoff added.
"We are encouraged by the sequential improvement in growth as we moved through the quarter, particularly as we exited the quarter with approximately 12 percent total growth and over 8 percent organic growth in March," said Kenneth Krause, Executive Vice President and CFO. "While margin performance was muted by pressures from insurance and claims, as well as deleverage from people costs and selling investments on lower volume early in the quarter, we anticipate improving profitability in our underlying operations as we enter peak season. We continue to execute a balanced capital allocation program enabled by compounding cash flow and a strong balance sheet," Mr. Krause concluded.
Three Months Ended Financial Highlights
Three Months Ended March 31, | ||||||
Variance | ||||||
(unaudited, in thousands, except per share data and margins) | 2026 | 2025 | $ | % | ||
GAAP Metrics | ||||||
Revenues | $ 906,424 | $ 822,504 | $ 83,920 | 10.2 % | ||
Gross profit (1) | $ 460,902 | $ 422,370 | $ 38,532 | 9.1 % | ||
Gross profit margin (1) | 50.8 % | 51.4 % | -60 bps | |||
Operating income | $ 145,486 | $ 142,648 | $ 2,838 | 2.0 % | ||
Operating margin | 16.1 % | 17.3 % | -120 bps | |||
Net income | $ 107,838 | $ 105,248 | $ 2,590 | 2.5 % | ||
EPS | $ 0.22 | $ 0.22 | $ — | — % | ||
Net cash provided by operating activities | $ 118,367 | $ 146,892 | $ (28,525) | (19.4) % | ||
Non-GAAP Metrics | ||||||
Adjusted operating income (2) | $ 152,793 | $ 146,861 | $ 5,932 | 4.0 % | ||
Adjusted operating margin (2) | 16.9 % | 17.9 % | -100 bps | |||
Adjusted net income (2) | $ 113,229 | $ 107,868 | $ 5,361 | 5.0 % | ||
Adjusted EPS (2) | $ 0.24 | $ 0.22 | $ 0.02 | 9.1 % | ||
Adjusted EBITDA (2) | $ 179,469 | $ 171,857 | $ 7,612 | 4.4 % | ||
Adjusted EBITDA margin (2) | 19.8 % | 20.9 % | -110 bps | |||
Free cash flow (2) | $ 111,228 | $ 140,111 | $ (28,883) | (20.6) % | ||
(1) Exclusive of depreciation and amortization |
(2) Amounts are non-GAAP financial measures. See the appendix to this release for a discussion of non-GAAP financial metrics including a reconciliation to the most directly comparable GAAP measure. |
The following table presents financial information, including our significant expense categories, for the three months ended March 31, 2026 and 2025:
Three Months Ended March 31, | ||||
(unaudited, in thousands) | 2026 | 2025 | ||
$ | % of | $ | % of | |
Revenue | $ 906,424 | 100.0 % | $ 822,504 | 100.0 % |
Less: | ||||
Cost of services provided (exclusive of depreciation and amortization below): | ||||
Employee expenses | 289,722 | 32.0 % | 261,724 | 31.8 % |
Materials and supplies | 53,217 | 5.9 % | 48,491 | 5.9 % |
Insurance and claims | 21,147 | 2.3 % | 16,524 | 2.0 % |
Fleet expenses | 42,172 | 4.7 % | 36,857 | 4.5 % |
Other cost of services provided (1) | 39,264 | 4.3 % | 36,538 | 4.4 % |
Total cost of services provided (exclusive of depreciation and amortization below) | 445,522 | 49.2 % | 400,134 | 48.6 % |
Sales, general and administrative: | ||||
Selling and marketing expenses | 111,999 | 12.4 % | 98,250 | 11.9 % |
Administrative employee expenses | 89,749 | 9.9 % | 81,481 | 9.9 % |
Insurance and claims | 12,583 | 1.4 % | 10,004 | 1.2 % |
Fleet expenses | 10,262 | 1.1 % | 9,403 | 1.1 % |
Other sales, general and administrative (2) | 58,325 | 6.4 % | 51,375 | 6.2 % |
Total sales, general and administrative | 282,918 | 31.2 % | 250,513 | 30.5 % |
Depreciation and amortization | 32,498 | 3.6 % | 29,209 | 3.6 % |
Interest expense, net | 8,851 | 1.0 % | 5,796 | 0.7 % |
Other (income) expense, net | (463) | (0.1) % | (692) | (0.1) % |
Income tax expense | 29,260 | 3.2 % | 32,296 | 3.9 % |
Net income | $ 107,838 | 11.9 % | $ 105,248 | 12.8 % |
1) Other cost of services provided includes facilities costs, professional services, maintenance & repairs, software license costs, and other expenses directly related to providing services. |
2) Other sales, general and administrative includes facilities costs, professional services, maintenance & repairs, software license costs, bad debt expense, and other administrative expenses. |
About Rollins, Inc.:
Rollins, Inc. (ROL) is a premier global consumer and commercial services company. Through its family of leading brands, the Company and its franchises provide essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers in North America, South America, Europe, Asia, Africa, and Australia, with approximately 22,000 employees from more than 850 locations. Rollins is parent to Aardwolf Pestkare, Clark Pest Control, Crane Pest Control, Critter Control, Fox Pest Control, HomeTeam Pest Defense, Industrial Fumigant Company, McCall Service, MissQuito, Northwest Exterminating, OPC Pest Services, Orkin, Orkin Australia, Orkin Canada, PermaTreat, Safeguard, Saela Pest Control, Trutech, Waltham Services, Western Pest Services, and more. You can learn more about Rollins and its subsidiaries by visiting www.rollins.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release as well as other written or oral statements by the Company may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. We have based these forward-looking statements on our current opinions, expectations, intentions, beliefs, plans, objectives, assumptions and projections about future events and financial trends affecting the operating results and financial condition of our business. Although we believe that these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions, or expectations. Generally, statements that do not relate to historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. The words "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "should," "will," "would," and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release include, but are not limited to, statements regarding: expectations with respect to our financial and business performance, including expectations regarding seasonal profitability improvement and margin trends; Rollins' ongoing commitment to operational excellence; our resilient business model; a strategic approach to acquisitions, including statements regarding the anticipated benefits of the recent acquisitions such as Romex; compounding cash flow and strong balance sheet continuing to enable a balanced capital allocation strategy; a focus on pricing; a culture of continuous improvement supporting an improving margin profile; the stability of growth in our recurring and ancillary businesses; investing meaningfully in our business, including investments in organic demand generation and selling activities; intra-quarter trends in revenue growth, including monthly organic and total revenue growth rates; our staffing levels and readiness for peak season; and remaining well-positioned for continued growth.
These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts, and assumptions, and involve a number of judgments, risks and uncertainties. Important factors could cause actual results to differ materially from those indicated or implied by forward-looking statements including, but not limited to, those set forth in the sections entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and may also be described from time to time in our future reports filed with the SEC.
Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required by law.
Conference Call
Rollins will host a conference call on Thursday, April 23, 2026 at 8:30 a.m. Eastern Time to discuss the first quarter 2026 results. The conference call will also broadcast live over the internet via a link provided on the Rollins, Inc. website at www.rollins.com. Interested parties can also dial into the call at 1-877-869-3839 (domestic) or +1-201-689-8265 (internationally) with conference ID of 13759502. For interested individuals unable to join the call, a replay will be available on the website for 180 days.
ROLLINS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (in thousands) (unaudited) | |||
March 31, | December 31, | ||
ASSETS | |||
Cash and cash equivalents | $ 116,543 | $ 100,004 | |
Trade receivables, net | 210,721 | 202,518 | |
Financed receivables, short-term, net | 44,243 | 44,723 | |
Materials and supplies | 44,128 | 42,982 | |
Other current assets | 98,043 | 82,455 | |
Total current assets | 513,678 | 472,682 | |
Equipment and property, net | 124,910 | 126,187 | |
Goodwill | 1,384,591 | 1,374,664 | |
Intangibles, net | 565,723 | 582,384 | |
Operating lease right-of-use assets | 412,690 | 424,528 | |
Financed receivables, long-term, net | 110,879 | 110,057 | |
Other assets | 47,763 | 50,021 | |
Total assets | $ 3,160,234 | $ 3,140,523 | |
LIABILITIES | |||
Short-term debt | $ 163,926 | $ 123,683 | |
Accounts payable | 61,188 | 44,361 | |
Accrued insurance – current | 45,204 | 44,123 | |
Accrued compensation and related liabilities | 102,461 | 128,259 | |
Unearned revenues | 194,273 | 187,670 | |
Operating lease liabilities – current | 136,714 | 137,410 | |
Other current liabilities | 90,897 | 120,019 | |
Total current liabilities | 794,663 | 785,525 | |
Accrued insurance, less current portion | 88,274 | 79,157 | |
Operating lease liabilities, less current portion | 279,873 | 290,765 | |
Long-term debt | 486,627 | 486,147 | |
Other long-term accrued liabilities | 129,109 | 124,608 | |
Total liabilities | 1,778,546 | 1,766,202 | |
STOCKHOLDERS' EQUITY | |||
Common stock | 481,462 | 481,194 | |
Retained earnings and other equity | 900,226 | 893,127 | |
Total stockholders' equity | 1,381,688 | 1,374,321 | |
Total liabilities and stockholders' equity | $ 3,160,234 | $ 3,140,523 | |
ROLLINS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (in thousands except per share data) (unaudited) | |||
Three Months Ended March 31, | |||
2026 | 2025 | ||
REVENUES | |||
Customer services | $ 906,424 | $ 822,504 | |
COSTS AND EXPENSES | |||
Cost of services provided (exclusive of depreciation and amortization below) | 445,522 | 400,134 | |
Sales, general and administrative | 282,918 | 250,513 | |
Depreciation and amortization | 32,498 | 29,209 | |
Total operating expenses | 760,938 | 679,856 | |
OPERATING INCOME | 145,486 | 142,648 | |
Interest expense, net | 8,851 | 5,796 | |
Other (income) expense, net | (463) | (692) | |
CONSOLIDATED INCOME BEFORE INCOME TAXES | 137,098 | 137,544 | |
PROVISION FOR INCOME TAXES | 29,260 | 32,296 | |
NET INCOME | $ 107,838 | $ 105,248 | |
NET INCOME PER SHARE - BASIC AND DILUTED | $ 0.22 | $ 0.22 | |
Weighted average shares outstanding - basic | 481,385 | 484,414 | |
Weighted average shares outstanding - diluted | 481,398 | 484,434 | |
DIVIDENDS PAID PER SHARE | $ 0.1825 | $ 0.1650 | |
ROLLINS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED CASH FLOW INFORMATION (in thousands) (unaudited) | |||
Three Months Ended March 31, | |||
2026 | 2025 | ||
OPERATING ACTIVITIES | |||
Net income | $ 107,838 | $ 105,248 | |
Depreciation and amortization | 32,498 | 29,209 | |
Change in working capital and other operating activities | (21,969) | 12,435 | |
Net cash provided by operating activities | 118,367 | 146,892 | |
INVESTING ACTIVITIES | |||
Acquisitions, net of cash acquired | (18,488) | (27,191) | |
Capital expenditures | (7,139) | (6,781) | |
Other investing activities, net | 1,060 | 1,405 | |
Net cash used in investing activities | (24,567) | (32,567) | |
FINANCING ACTIVITIES | |||
Net borrowings (repayments) | 49,496 | 95,215 | |
Payment of dividends | (87,849) | (79,910) | |
Cash paid for common stock purchased | (22,350) | (14,671) | |
Other financing activities, net | (15,489) | (5,246) | |
Net cash used in financing activities | (76,192) | (4,612) | |
Effect of exchange rate changes on cash and cash equivalents | (1,069) | 1,834 | |
Net increase (decrease) in cash and cash equivalents | $ 16,539 | $ 111,547 | |
APPENDIX
Reconciliation of GAAP and non-GAAP Financial Measures
A non-GAAP financial measure is a numerical measure of financial performance, financial position, or cash flows that either 1) excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of operations, balance sheet or statement of cash flows, or 2) includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented.
These measures should not be considered in isolation or as a substitute for revenues, net income, earnings per share or other performance measures prepared in accordance with GAAP. Management believes all of these non-GAAP financial measures are useful to provide investors with information about current trends in, and period-over-period comparisons of, the Company's results of operations. An analysis of any non-GAAP financial measure should be used in conjunction with results presented in accordance with GAAP.
The Company has used the following non-GAAP financial measures in this earnings release:
Organic revenues
Organic revenues are calculated as revenues less the revenues from acquisitions completed within the prior 12 months and excluding the revenues from divested businesses. Acquisition revenues are based on the trailing 12-month revenue of our acquired entities. Management uses organic revenues, and organic revenues by type to compare revenues over various periods excluding the impact of acquisitions and divestitures.
Adjusted operating income and adjusted operating margin
Adjusted operating income and adjusted operating margin are calculated by adding back to operating income those expenses associated with the amortization of intangible assets and adjustments to the fair value of contingent consideration resulting from the acquisitions of Fox Pest Control and Saela Pest Control. Adjusted operating margin is calculated as adjusted operating income divided by revenues. Management uses adjusted operating income and adjusted operating margin as measures of operating performance because these measures allow the Company to compare performance consistently over various periods.
Adjusted net income and adjusted EPS
Adjusted net income and adjusted EPS are calculated by adding back to the GAAP measures amortization of intangible assets and adjustments to the fair value of contingent consideration resulting from the acquisitions of Fox Pest Control and Saela Pest Control, excluding gains and losses on the sale of non-operational assets and gains on the sale of businesses, and by further subtracting the tax impact of those expenses, gains, or losses. Management uses adjusted net income and adjusted EPS as measures of operating performance because these measures allow the Company to compare performance consistently over various periods.
EBITDA, EBITDA margin, adjusted EBITDA, adjusted EBITDA margin, incremental EBITDA margin and adjusted incremental EBITDA margin
EBITDA is calculated by adding back to net income depreciation and amortization, interest expense, net, and provision for income taxes. EBITDA margin is calculated as EBITDA divided by revenues. Adjusted EBITDA and adjusted EBITDA margin are calculated by further adding back those expenses associated with the adjustments to the fair value of contingent consideration resulting from the acquisitions of Fox Pest Control and Saela Pest Control, and excluding gains and losses on the sale of non-operational assets and gains on the sale of businesses. Management uses EBITDA, EBITDA margin, adjusted EBITDA and adjusted EBITDA margin as measures of operating performance because these measures allow the Company to compare performance consistently over various periods. Incremental EBITDA margin is calculated as the change in EBITDA divided by the change in revenue. Management uses incremental EBITDA margin as a measure of operating performance because this measure allows the Company to compare performance consistently over various periods. Adjusted incremental EBITDA margin is calculated as the change in adjusted EBITDA divided by the change in revenue. Management uses adjusted incremental EBITDA margin as a measure of operating performance because this measure allows the Company to compare performance consistently over various periods.
Free cash flow and free cash flow conversion
Free cash flow is calculated by subtracting capital expenditures from cash provided by operating activities. Management uses free cash flow to demonstrate the Company's ability to maintain its asset base and generate future cash flows from operations. Free cash flow conversion is calculated as free cash flow divided by net income.
Management uses free cash flow conversion to demonstrate how much net income is converted into cash. Management believes that free cash flow is an important financial measure for use in evaluating the Company's liquidity. Free cash flow should be considered in addition to, rather than as a substitute for, net cash provided by operating activities as a measure of our liquidity. Additionally, the Company's definition of free cash flow is limited, in that it does not represent residual cash flows available for discretionary expenditures, due to the fact that the measure does not deduct the payments required for debt service and other contractual obligations or payments made for business acquisitions. Therefore, management believes it is important to view free cash flow as a measure that provides supplemental information to our condensed consolidated statements of cash flows.
Adjusted sales, general and administrative ("SG&A")
Adjusted SG&A is calculated by removing the adjustments to the fair value of contingent consideration resulting from the acquisitions of Fox Pest Control and Saela Pest Control. Management uses adjusted SG&A to compare SG&A expenses consistently over various periods.
Leverage ratio
Leverage ratio, a financial valuation measure, is calculated by dividing adjusted net debt by adjusted EBITDAR. Adjusted net debt is calculated by adding short-term debt and operating lease liabilities to total long-term debt less a cash adjustment of 90% of total consolidated cash. Adjusted EBITDAR is calculated by adding back to net income depreciation and amortization, interest expense, net, provision for income taxes, operating lease cost, and stock-based compensation expense. Management uses leverage ratio as an assessment of overall liquidity, financial flexibility, and leverage.
Set forth below is a reconciliation of the non-GAAP financial measures contained in this release to their most directly comparable GAAP measures.
(unaudited, in thousands, except per share data and margins) | |||||||
Three Months Ended March 31, | |||||||
Variance | |||||||
2026 | 2025 | $ | % | ||||
Reconciliation of Revenues to Organic Revenues | |||||||
Revenues | $ 906,424 | $ 822,504 | 83,920 | 10.2 | |||
Revenues from acquisitions | (29,858) | — | (29,858) | 3.6 | |||
Organic revenues | $ 876,566 | $ 822,504 | 54,062 | 6.6 | |||
Reconciliation of Residential Revenues to Organic Residential Revenues | |||||||
Residential revenues | $ 389,504 | $ 356,313 | 33,191 | 9.3 | |||
Residential revenues from acquisitions | (18,145) | — | (18,145) | 5.1 | |||
Residential organic revenues | $ 371,359 | $ 356,313 | 15,046 | 4.2 | |||
Reconciliation of Commercial Revenues to Organic Commercial Revenues | |||||||
Commercial revenues | $ 311,726 | $ 284,357 | 27,369 | 9.6 | |||
Commercial revenues from acquisitions | (5,371) | — | (5,371) | 1.9 | |||
Commercial organic revenues | $ 306,355 | $ 284,357 | 21,998 | 7.7 | |||
Reconciliation of Termite and Ancillary Revenues to Organic Termite and Ancillary Revenues | |||||||
Termite and ancillary revenues | $ 195,423 | $ 172,130 | 23,293 | 13.5 | |||
Termite and ancillary revenues from acquisitions | (6,342) | — | (6,342) | 3.7 | |||
Termite and ancillary organic revenues | $ 189,081 | $ 172,130 | 16,951 | 9.8 | |||
Reconciliation of Franchise and Other Revenues to Organic Franchise and Other Revenues | |||||||
Franchise and other revenues | $ 9,771 | $ 9,704 | 67 | 0.7 | |||
Franchise and other revenues from acquisitions | — | — | — | — | |||
Franchise and other organic revenues | $ 9,771 | $ 9,704 | 67 | 0.7 | |||
Three Months Ended March 31, | |||||||
Variance | |||||||
2026 | 2025 | $ | % | ||||
Reconciliation of Operating Income and Operating Income Margin to Adjusted Operating Income and Adjusted Operating Margin | |||||||
Operating income | $ 145,486 | $ 142,648 | |||||
Acquisition-related expenses (1) | 7,307 | 4,213 | |||||
Adjusted operating income | $ 152,793 | $ 146,861 | 5,932 | 4.0 | |||
Revenues | $ 906,424 | $ 822,504 | |||||
Operating margin | 16.1 % | 17.3 % | |||||
Adjusted operating margin | 16.9 % | 17.9 % | |||||
Reconciliation of Net Income and EPS to Adjusted Net Income and Adjusted EPS | |||||||
Net income | $ 107,838 | $ 105,248 | |||||
Acquisition-related expenses (1) | 7,307 | 4,213 | |||||
Gain on sale of assets, net (2) | (61) | (692) | |||||
Tax impact of adjustments (3) | (1,855) | (901) | |||||
Adjusted net income | $ 113,229 | $ 107,868 | 5,361 | 5.0 | |||
EPS - basic and diluted | $ 0.22 | $ 0.22 | |||||
Acquisition-related expenses (1) | 0.02 | 0.01 | |||||
Gain on sale of assets, net (2) | — | — | |||||
Tax impact of adjustments (3) | — | — | |||||
Adjusted EPS - basic and diluted (4) | $ 0.24 | $ 0.22 | 0.02 | 9.1 | |||
Weighted average shares outstanding – basic | 481,385 | 484,414 | |||||
Weighted average shares outstanding – diluted | 481,398 | 484,434 | |||||
Reconciliation of Net Income to EBITDA, Adjusted EBITDA, EBITDA Margin, Incremental EBITDA Margin, Adjusted EBITDA Margin, and Adjusted Incremental EBITDA Margin | |||||||
Net income | $ 107,838 | $ 105,248 | |||||
Depreciation and amortization | 32,498 | 29,209 | |||||
Interest expense, net | 8,851 | 5,796 | |||||
Provision for income taxes | 29,260 | 32,296 | |||||
EBITDA | $ 178,447 | $ 172,549 | 5,898 | 3.4 | |||
Acquisition-related expenses (1) | 1,083 | — | |||||
Gain on sale of assets, net (2) | (61) | (692) | |||||
Adjusted EBITDA | $ 179,469 | $ 171,857 | 7,612 | 4.4 | |||
Revenues | $ 906,424 | $ 822,504 | 83,920 | ||||
EBITDA margin | 19.7 % | 21.0 % | |||||
Incremental EBITDA margin | 7.0 % | ||||||
Adjusted EBITDA margin | 19.8 % | 20.9 % | |||||
Adjusted incremental EBITDA margin | 9.1 % | ||||||
Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow and Free Cash Flow Conversion | |||||||
Net cash provided by operating activities | $ 118,367 | $ 146,892 | |||||
Capital expenditures | (7,139) | (6,781) | |||||
Free cash flow | $ 111,228 | $ 140,111 | (28,883) | (20.6) | |||
Free cash flow conversion | 103.1 % | 133.1 % | |||||
Three Months Ended March 31, | |||
2026 | 2025 | ||
Reconciliation of SG&A to Adjusted SG&A | |||
SG&A | $ 282,918 | $ 250,513 | |
Acquisition-related expenses (1) | 1,083 | — | |
Adjusted SG&A | $ 281,835 | $ 250,513 | |
Revenues | $ 906,424 | $ 822,504 | |
Adjusted SG&A as a % of revenues | 31.1 % | 30.5 % | |
Period Ended | Period Ended | ||
Reconciliation of Debt and Net Income to Leverage Ratio | |||
Short-term debt (5) | $ 163,926 | $ 123,683 | |
Long-term debt (6) | 500,000 | 500,000 | |
Operating lease liabilities (7) | 416,587 | 428,175 | |
Cash adjustment (8) | (104,889) | (90,004) | |
Adjusted net debt | $ 975,624 | $ 961,854 | |
Net income | $ 529,295 | $ 526,705 | |
Depreciation and amortization | 128,033 | 124,744 | |
Interest expense, net | 31,613 | 28,558 | |
Provision for income taxes | 171,185 | 174,221 | |
Operating lease cost (9) | 163,890 | 159,924 | |
Stock-based compensation expense | 41,730 | 39,707 | |
Adjusted EBITDAR | $ 1,065,746 | $ 1,053,859 | |
Leverage ratio | 0.9x | 0.9x | |
(1) Consists of expenses resulting from the amortization of intangible assets and adjustments to the fair value of contingent consideration associated with the acquisitions of Fox Pest Control and Saela Pest Control. While we exclude such expenses in this non-GAAP measure, the revenue from the acquired companies is reflected in this non-GAAP measure and the acquired assets contribute to revenue generation. |
(2) Consists of the gain or loss on the sale of non-operational assets. |
(3) The tax effect of the adjustments is calculated using the applicable statutory tax rates for the respective periods. |
(4) In some cases, the sum of the individual EPS amounts may not equal total adjusted EPS calculations due to rounding. |
(5) The Company's short-term borrowings are presented under the short-term debt caption of our condensed consolidated statement of financial position, net of unamortized discounts. |
(6) As of March 31, 2026 and December 31, 2025, the Company had outstanding borrowings of $500 million from the issuance of our 2035 Senior Notes. These borrowings are presented under the long-term debt caption of our condensed consolidated statement of financial position, net of unamortized discount and unamortized debt issuance costs. As of March 31, 2026 and December 31, 2025, the Company had no outstanding borrowings under the Revolving Credit Facility. |
(7) Operating lease liabilities are presented under the operating lease liabilities - current and operating lease liabilities, less current portion captions of our condensed consolidated statement of financial position. |
(8) Represents 90% of cash and cash equivalents per our condensed consolidated statement of financial position as of both periods presented. |
(9) Operating lease cost excludes short-term lease cost associated with leases that have a duration of 12 months or less. |
For Further Information Contact
Lyndsey Burton (404) 888-2348
View original content to download multimedia:https://www.prnewswire.com/news-releases/rollins-inc-reports-first-quarter-2026-financial-results-302750746.html
SOURCE Rollins, Inc.
Original: ROLLINS, INC. REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS
ROLLINS, INC. SCHEDULES DATE FOR RELEASE OF FIRST QUARTER 2026 FINANCIAL RESULTS
April 7, 2026 4:05 PM
PR Newswire (US)
ATLANTA, April 7, 2026 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, today announced that it will release its first quarter results for the period ended March 31, 2026, after the market closes on Wednesday, April 22, 2026. In conjunction with its release, the Company will host a conference call to review the Company's financial and operating results before the market opens on Thursday, April 23, 2026, at 8:30 a.m. Eastern Time.
Individuals wishing to participate in the conference call should call 1-877-869-3839 (domestic) or +1-201-689-8265 (internationally) with conference ID 13759502. The conference call will also be broadcast live over the internet and can be accessed by all interested parties via a link provided on the Rollins, Inc. website at www.rollins.com/investors/events-presentations. For interested individuals unable to join the call, a replay will be available on the website for 180 days.
About Rollins, Inc.
Rollins, Inc. (ROL) is a premier global consumer and commercial services company. Through its family of leading brands, the Company and its franchises provide essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers in North America, South America, Europe, Asia, Africa, and Australia, approximately 22,000 employees from more than 850 locations. Rollins is parent to Aardwolf Pestkare, Clark Pest Control, Crane Pest Control, Critter Control, Fox Pest Control, HomeTeam Pest Defense, Industrial Fumigant Company, McCall Service, MissQuito, Northwest Exterminating, OPC Pest Services, Orkin, Orkin Australia, Orkin Canada, PermaTreat, Safeguard, Saela Pest Control, Trutech, Waltham Services, Western Pest Services, and more. You can learn more about Rollins and its subsidiaries by visiting www.rollins.com.
Investor Contact:
InvestorRelations @Privateer1
View original content to download multimedia:https://www.prnewswire.com/news-releases/rollins-inc-schedules-date-for-release-of-first-quarter-2026-financial-results-302736218.html
SOURCE Rollins, Inc.
Original: ROLLINS, INC. SCHEDULES DATE FOR RELEASE OF FIRST QUARTER 2026 FINANCIAL RESULTS
Rollins to Present at Upcoming Investor Conferences
March 9, 2026 7:33 PM
PR Newswire (US)
ATLANTA, March 9, 2026 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, today announced that Kenneth Krause, Executive Vice President and Chief Financial Officer, will present at the following events:
Bank of America Information and Business Services Conference at the Bank of America Tower, New York City, New York on Thursday, March 12th from 11:20 a.m. – 11:55 a.m. E.T.
J.P. Morgan Industrials Conference at the Fairmont Washington D.C. Georgetown, on Wednesday, March 18th from 10:45 a.m. – 11:20 a.m. E.T.
These events will be webcast live and can be accessed at https://www.rollins.com/investors/events-presentations. Following the presentations, a replay will be available for 180 days at the link listed above, under the "Events and Presentations" menu. Please note that the schedule above is subject to change.
About Rollins, Inc.
Rollins, Inc. (ROL) is a premier global consumer and commercial services company. Through its family of leading brands, the Company and its franchises provide essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers in North America, South America, Europe, Asia, Africa, and Australia, with approximately 22,000 employees from more than 850 locations. Rollins is parent to Aardwolf Pestkare, Clark Pest Control, Crane Pest Control, Critter Control, Fox Pest Control, HomeTeam Pest Defense, Industrial Fumigant Company, McCall Service, MissQuito, Northwest Exterminating, OPC Pest Services, Orkin, Orkin Australia, Orkin Canada, PermaTreat, Safeguard, Saela Pest Control, Trutech, Waltham Services, Western Pest Services, and more.
You can learn more about Rollins and its subsidiaries by visiting www.rollins.com.
For Further Information Contact:
Lyndsey Burton
(404) 888-2348
View original content to download multimedia:https://www.prnewswire.com/news-releases/rollins-to-present-at-upcoming-investor-conferences-302708693.html
SOURCE Rollins, Inc.
Original: Rollins to Present at Upcoming Investor Conferences
Miami Holds No. 1 Spot on Orkin's 2026 Top 50 Termite Cities List
February 17, 2026 6:11 AM
PR Newswire (US)
Rankings highlight persistent termite pressure and the importance of early home protection to prevent significant costs for homeowners
ATLANTA, Feb. 17, 2026 /PRNewswire/ -- Miami and Los Angeles have been competing for the #1 spot as the most termite-infested city in America since Orkin's Top 50 Termite Cities lists' inception. This year, Miami takes home the crown for the fourth year in a row, with Los Angeles and Tampa, Fla. following closely behind. Warm-weather markets continue to dominate, with Florida cities taking up six spots in the top 20 this year. The Northeast saw one of the most notable shifts, as New York reentered the top 10 at No. 9, climbing seven spots since last year and marking the largest jump among leading cities. Heat and dry conditions can allow termites to stay active longer, a trend reflected in the ongoing concentration of warm-weather cities at the top of Orkin's list.
How the ranking is determined: Orkin's annual Termite Cities list is based on data from cities where Orkin Pros performed the most residential termite treatments in owner-occupied residences. The data was collected from Jan. 15, 2025, to Jan. 16, 2026, and helps Orkin better understand the extent of termite problems in each city.
1. Miami | 26. Honolulu (+8) |
2. Los Angeles | 27. Fort Myers, Fla. (-1) |
3. Tampa, Fla. | 28. Charleston, W.Va. (-5) |
4. Washington, D.C. | 29. Pittsburgh |
5. Orlando, Fla. | 30. Oklahoma City (+1) |
6. Houston (+1) | 31. Indianapolis (-3) |
7. West Palm Beach, Fla. (-1) | 32. Cincinnati |
8. Dallas (+2) | 33. St. Louis (+7) |
9. New York (+7) | 34. Harrisburg, Pa. (+14) |
10. Atlanta (+1) | 35. Kansas City, Mo. (+7) |
11. Baltimore (-2) | 36. Richmond, Va. (+5) |
12. San Diego (-4) | 37. Norfolk, Va. (-13) |
13. Philadelphia (+2) | 38. Waco, Texas (+1) |
14. Chicago (-1) | 39. Austin, Texas (-6) |
15. San Francisco (-3) | 40. Jacksonville, Fla. (-10) |
16. New Orleans (-2) | 41. Savannah, Ga. (+8) |
17. Greenville, N.C. (+2) | 42. Columbia, S.C. (-5) |
18. Charlotte, N.C. (+2) | 43. Grand Rapids, Mich. (+3) |
19. Phoenix (-1) | 44. Lexington, Ky. (New to List) |
20. Raleigh, N.C. (-3) | 45. Harlingen, Texas (New to List) |
21. Charleston, S.C. (+2) | 46. Chattanooga, Tenn. (+1) |
22. San Antonio (+3) | 47. Wichita, Kan. (New to List) |
23. Nashville, Tenn. (-2) | 48. Champaign, Ill. (New to List) |
24. Knoxville, Tenn. (+11) | 49. Detroit. (-4) |
25. Memphis, Tenn. (-3) | 50. Mobile, Ala. (-7) |
The Real Cost of Termite Damage
"Termites can cause an estimated billions of dollars a year in damage to U.S. homes every year, and much of that destruction happens out of sight," said Shannon Sked, entomologist and National Technical Director at Orkin. "By the time homeowners notice visible signs, termites may have already compromised structural elements. Adding a proactive, ongoing termite treatment program can greatly help catch problems and prevent costly repairs down the line."
Termites, By the Numbers
Common Signs of Termite Activity
Termite damage is often subtle at first. Signs of a termite infestation include:
For homeowners, living in a high-ranking city doesn't mean termites are inevitable, but it does mean early inspections and preventative treatments are especially important.
Prevention Starts at the Foundation
Simple prevention steps can help protect homes year-round. Because termites can affect homes made of any wood material, taking preventative measures can significantly the reduce risk of an expensive infestation:
When to Call in the Pros
Whether responding to warning signs or planning ahead, homeowners can turn to Orkin Pros for expert support. Orkin offers free termite inspections to help identify risks early and recommend solutions tailored to each home. Additional information is available at Orkin.com.
About Orkin, LLC
Founded in 1901, Atlanta-based Orkin has been shaping the pest control industry for 125 years, providing protection against termite damage, rodents and insects through its commitment to scientific knowledge and unmatched training. From its earliest days to today, Orkin's innovative spirit continues to define the future of pest management.
Orkin is dedicated to protecting the places where we live, work and play by helping prevent and control pests and educating consumers about the potential health risks they pose. Guided by a service-first mission to deliver peace of mind, Orkin Pros are trusted professionals who embody the company's values of safety, integrity, professionalism, empathy and innovation. Since 2020, Orkin has partnered with the American Red Cross® to raise awareness about mosquito-borne health threats while supporting the nation's blood supply through monetary contributions and blood donations.
Orkin has more than 400 owned and operated branch offices and nearly 50 franchises in the U.S. The company also has international franchises and subsidiaries in Canada, Europe, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Africa and Mexico. Learn more about careers at Orkin here.
Visit Orkin.com for additional information. Orkin is a wholly-owned subsidiary of Rollins Inc. (NYSE: ROL). Follow us on Facebook, Instagram, TikTok and LinkedIn.
View original content to download multimedia:https://www.prnewswire.com/news-releases/miami-holds-no-1-spot-on-orkins-2026-top-50-termite-cities-list-302688945.html
SOURCE Orkin, LLC
Original: Miami Holds No. 1 Spot on Orkin's 2026 Top 50 Termite Cities List
Rollins to Present at Upcoming Investor Conference
February 16, 2026 6:37 PM
PR Newswire (US)
ATLANTA, Feb. 16, 2026 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, today announced that Kenneth Krause, Executive Vice President and Chief Financial Officer, will present at the Barclays 43rd Annual Industrial Select Conference at the Loews Miami Beach Hotel, Miami, Florida on Wednesday, February 18th from 1:50 p.m. – 2:20 p.m. E.T.
This event will be webcast live and can be accessed at https://www.rollins.com/investors/events-presentations. Following the presentation, a replay will be available for 180 days at the link listed above, under the "Events and Presentations" menu. Please note that the schedule above is subject to change.
About Rollins, Inc.
Rollins, Inc. (ROL) is a premier global consumer and commercial services company. Through its family of leading brands, the Company and its franchises provide essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers in North America, South America, Europe, Asia, Africa, and Australia, with approximately 22,000 employees from more than 850 locations. Rollins is parent to Aardwolf Pestkare, Clark Pest Control, Crane Pest Control, Critter Control, Fox Pest Control, HomeTeam Pest Defense, Industrial Fumigant Company, McCall Service, MissQuito, Northwest Exterminating, OPC Pest Services, Orkin, Orkin Australia, Orkin Canada, PermaTreat, Safeguard, Saela Pest Control, Trutech, Waltham Services, Western Pest Services, and more.
You can learn more about Rollins and its subsidiaries by visiting www.rollins.com.
For Further Information Contact
Lyndsey Burton
(404) 888-2348
View original content to download multimedia:https://www.prnewswire.com/news-releases/rollins-to-present-at-upcoming-investor-conference-302689064.html
SOURCE Rollins, Inc.
Original: Rollins to Present at Upcoming Investor Conference
ROLLINS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2025 FINANCIAL RESULTS
February 11, 2026 4:05 PM
PR Newswire (US)
24th consecutive year of revenue growth; FY 2025 Delivered Double-Digit Revenue, Earnings, and Cash Flow Growth
ATLANTA, Feb. 11, 2026 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, reported financial results for the fourth quarter and full year of 2025.
2025 Fourth Quarter Highlights
(All comparisons against the fourth quarter of 2024 unless otherwise noted)
2025 Full Year Highlights
(All comparisons against the full year 2024 unless otherwise noted)
*Amounts are non-GAAP financial measures. See the schedules below for a discussion of non-GAAP financial metrics including a reconciliation to the most directly comparable GAAP measure.
2026 Financial Outlook
For 2026, the Company anticipates:
Management Commentary
"We delivered solid financial results in 2025 and made important progress on a number of key initiatives. Our underlying markets remain healthy, customer and teammate retention rates are strong, and we are confident that nothing has fundamentally changed with respect to our consumer. We continue to invest meaningfully in our business and are well-positioned as we begin 2026. I'd like to thank our teammates for their hard work and dedication to our customers, as well as each other," said Jerry Gahlhoff, President and CEO.
"We are pleased with the double-digit revenue, earnings, and cash flow growth we delivered for the year, despite the negative impact that erratic weather patterns had on our business in the fourth quarter, specifically on one-time business and seasonal work across all three service offerings in certain pockets of the country. Our recurring base of business and ancillary service line, which represents over 80 percent of total revenue, grew over 7 percent organically for both the quarter and the year. This growth was partially offset by declines in one-time business during the fourth quarter versus last year, which we view as transitory. We believe that the stability of growth in our recurring and ancillary businesses, coupled with ongoing modernization efforts, position us to deliver on our financial outlook for 2026 and beyond. We continue to execute a balanced capital allocation program enabled by compounding cash flow and a strong balance sheet," said Kenneth Krause, Executive Vice President and CFO.
Three and Twelve Months Ended Financial Highlights
Three Months Ended December 31, | Twelve Months Ended December 31, | ||||||||||||
Variance | Variance | ||||||||||||
(unaudited, in thousands, except per share data and margins) | 2025 | 2024 | $ | % | 2025 | 2024 | $ | % | |||||
GAAP Metrics | |||||||||||||
Revenues | $ 912,913 | $ 832,169 | $ 80,744 | 9.7 % | $ 3,761,050 | $ 3,388,708 | $ 372,342 | 11.0 % | |||||
Gross profit (1) | $ 465,352 | $ 426,707 | $ 38,645 | 9.1 % | $ 1,984,044 | $ 1,785,511 | $ 198,533 | 11.1 % | |||||
Gross profit margin (1) | 51.0 % | 51.3 % | -30 bps | 52.8 % | 52.7 % | 10 bps | |||||||
Operating income | $ 160,066 | $ 150,627 | $ 9,439 | 6.3 % | $ 726,068 | $ 657,224 | $ 68,844 | 10.5 % | |||||
Operating margin | 17.5 % | 18.1 % | -60 bps | 19.3 % | 19.4 % | -10 bps | |||||||
Net income | $ 116,441 | $ 105,675 | $ 10,766 | 10.2 % | $ 526,705 | $ 466,379 | $ 60,326 | 12.9 % | |||||
EPS | $ 0.24 | $ 0.22 | $ 0.02 | 9.1 % | $ 1.09 | $ 0.96 | $ 0.13 | 13.5 % | |||||
Net cash provided by operating activities | $ 164,744 | $ 188,158 | $ (23,414) | (12.4) % | $ 678,107 | $ 607,653 | $ 70,454 | 11.6 % | |||||
Non-GAAP Metrics | |||||||||||||
Adjusted operating income (2) | $ 167,374 | $ 154,839 | $ 12,535 | 8.1 % | $ 752,200 | $ 675,126 | $ 77,074 | 11.4 % | |||||
Adjusted operating margin (2) | 18.3 % | 18.6 % | -30 bps | 20.0 % | 19.9 % | 10 bps | |||||||
Adjusted net income (2) | $ 121,136 | $ 108,995 | $ 12,141 | 11.1 % | $ 544,412 | $ 479,190 | $ 65,222 | 13.6 % | |||||
Adjusted EPS (2) | $ 0.25 | $ 0.23 | $ 0.02 | 8.7 % | $ 1.12 | $ 0.99 | $ 0.13 | 13.1 % | |||||
Adjusted EBITDA (2) | $ 193,801 | $ 181,162 | $ 12,639 | 7.0 % | $ 855,144 | $ 771,493 | $ 83,651 | 10.8 % | |||||
Adjusted EBITDA margin (2) | 21.2 % | 21.8 % | -60 bps | 22.7 % | 22.8 % | -10 bps | |||||||
Free cash flow (2) | $ 159,018 | $ 183,975 | $ (24,957) | (13.6) % | $ 650,021 | $ 580,081 | $ 69,940 | 12.1 % | |||||
(1) Exclusive of depreciation and amortization |
(2) Amounts are non-GAAP financial measures. See the appendix to this release for a discussion of non-GAAP financial metrics including a reconciliation to the most directly comparable GAAP measure. |
The following table presents financial information, including our significant expense categories, for the three and twelve months ended December 31, 2025 and 2024:
Three Months Ended December 31, | Twelve Months Ended December 31, | |||||||
(unaudited, in thousands) | 2025 | 2024 | 2025 | 2024 | ||||
$ | % of Revenue | $ | % of Revenue | $ | % of Revenue | $ | % of Revenue | |
Revenue | $ 912,913 | 100.0 % | $ 832,169 | 100.0 % | $ 3,761,050 | 100.0 % | $ 3,388,708 | 100.0 % |
Less: | ||||||||
Cost of services provided (exclusive of depreciation and amortization below): | ||||||||
Employee expenses | 293,718 | 32.2 % | 264,063 | 31.7 % | 1,166,044 | 31.0 % | 1,048,992 | 31.0 % |
Materials and supplies | 54,538 | 6.0 % | 53,794 | 6.5 % | 225,462 | 6.0 % | 212,296 | 6.3 % |
Insurance and claims | 18,511 | 2.0 % | 18,998 | 2.3 % | 66,897 | 1.8 % | 68,326 | 2.0 % |
Fleet expenses | 39,773 | 4.4 % | 32,898 | 4.0 % | 157,461 | 4.2 % | 131,898 | 3.9 % |
Other cost of services provided (1) | 41,021 | 4.5 % | 35,709 | 4.3 % | 161,142 | 4.3 % | 141,685 | 4.2 % |
Total cost of services provided (exclusive of depreciation and amortization below) | 447,561 | 49.0 % | 405,462 | 48.7 % | 1,777,006 | 47.2 % | 1,603,197 | 47.3 % |
Sales, general and administrative: | ||||||||
Selling and marketing expenses | 107,549 | 11.8 % | 95,157 | 11.4 % | 484,859 | 12.9 % | 427,916 | 12.6 % |
Administrative employee expenses | 86,260 | 9.4 % | 79,099 | 9.5 % | 345,643 | 9.2 % | 313,814 | 9.3 % |
Insurance and claims | 10,944 | 1.2 % | 11,775 | 1.4 % | 40,816 | 1.1 % | 41,434 | 1.2 % |
Fleet expenses | 10,259 | 1.1 % | 8,322 | 1.0 % | 39,608 | 1.1 % | 33,580 | 1.0 % |
Other sales, general and administrative (2) | 58,707 | 6.4 % | 51,192 | 6.2 % | 222,306 | 5.9 % | 198,323 | 5.9 % |
Total sales, general and administrative | 273,719 | 30.0 % | 245,545 | 29.5 % | 1,133,232 | 30.1 % | 1,015,067 | 30.0 % |
Depreciation and amortization | 31,567 | 3.5 % | 30,535 | 3.7 % | 124,744 | 3.3 % | 113,220 | 3.3 % |
Interest expense, net | 7,440 | 0.8 % | 5,027 | 0.6 % | 28,558 | 0.8 % | 27,677 | 0.8 % |
Other expense (income), net | (2,082) | (0.2) % | 250 | — % | (3,416) | (0.1) % | (683) | — % |
Income tax expense | 38,267 | 4.2 % | 39,675 | 4.8 % | 174,221 | 4.6 % | 163,851 | 4.8 % |
Net income | $ 116,441 | 12.8 % | $ 105,675 | 12.7 % | $ 526,705 | 14.0 % | $ 466,379 | 13.8 % |
1) Other cost of services provided includes facilities costs, professional services, maintenance & repairs, software license costs, and other expenses directly related to providing services. |
2) Other sales, general and administrative includes facilities costs, professional services, maintenance & repairs, software license costs, bad debt expense, and other administrative expenses. |
About Rollins, Inc.:
Rollins, Inc. (ROL) is a premier global consumer and commercial services company. Through its family of leading brands, the Company and its franchises provide essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers in North America, South America, Europe, Asia, Africa, and Australia, with approximately 22,000 employees from more than 850 locations. Rollins is parent to Aardwolf Pestkare, Clark Pest Control, Crane Pest Control, Critter Control, Fox Pest Control, HomeTeam Pest Defense, Industrial Fumigant Company, McCall Service, MissQuito, Northwest Exterminating, OPC Pest Services, Orkin, Orkin Australia, Orkin Canada, PermaTreat, Safeguard, Saela Pest Control, Trutech, Waltham Services, Western Pest Services, and more. You can learn more about Rollins and its subsidiaries by visiting www.rollins.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release as well as other written or oral statements by the Company may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. We have based these forward-looking statements on our current opinions, expectations, intentions, beliefs, plans, objectives, assumptions and projections about future events and financial trends affecting the operating results and financial condition of our business. Although we believe that these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions, or expectations. Generally, statements that do not relate to historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. The words "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "should," "will," "would," and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release include, but are not limited to, statements regarding: expectations with respect to our financial and business performance; the underlying health of core pest control markets; Rollins' ongoing commitment to operational execution; a strategic and disciplined approach to acquisitions; a focus on pricing; ongoing modernization efforts; a culture of continuous improvement supporting an improving margin profile; compounding cash flow and strong balance sheet continuing to enable a balanced capital allocation strategy; strong customer and teammate retention rates; investing meaningfully in our business; the stability of growth in our recurring and ancillary businesses; and remaining well-positioned for continued growth.
These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts, and assumptions, and involve a number of judgments, risks and uncertainties. Important factors could cause actual results to differ materially from those indicated or implied by forward-looking statements including, but not limited to, those set forth in the sections entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and may also be described from time to time in our future reports filed with the SEC.
Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required by law.
Conference Call
Rollins will host a conference call on Thursday, February 12, 2026, at 8:30 a.m. Eastern Time to discuss the fourth quarter and full year 2025 results. The conference call will also broadcast live over the internet via a link provided on the Rollins, Inc. website at www.rollins.com. Interested parties can also dial into the call at 1-877-869-3839 (domestic) or +1-201-689-8265 (internationally) with conference ID of 13758137. For interested individuals unable to join the call, a replay will be available on the website for 180 days.
ROLLINS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (in thousands) (unaudited) | |||
December 31, | December 31, | ||
ASSETS | |||
Cash and cash equivalents | $ 100,004 | $ 89,630 | |
Trade receivables, net | 202,518 | 196,081 | |
Financed receivables, short-term, net | 44,723 | 40,301 | |
Materials and supplies | 42,982 | 39,531 | |
Other current assets | 82,455 | 77,080 | |
Total current assets | 472,682 | 442,623 | |
Equipment and property, net | 126,187 | 124,839 | |
Goodwill | 1,374,664 | 1,161,085 | |
Intangibles, net | 582,384 | 541,589 | |
Operating lease right-of-use assets | 424,528 | 414,474 | |
Financed receivables, long-term, net | 110,057 | 89,932 | |
Other assets | 50,021 | 45,153 | |
Total assets | $ 3,140,523 | $ 2,819,695 | |
LIABILITIES | |||
Short-term debt | $ 123,683 | $ — | |
Accounts payable | 44,361 | 49,625 | |
Accrued insurance – current | 44,123 | 54,840 | |
Accrued compensation and related liabilities | 128,259 | 122,869 | |
Unearned revenues | 187,670 | 180,851 | |
Operating lease liabilities – current | 137,410 | 121,319 | |
Other current liabilities | 120,019 | 115,658 | |
Total current liabilities | 785,525 | 645,162 | |
Accrued insurance, less current portion | 79,157 | 61,946 | |
Operating lease liabilities, less current portion | 290,765 | 295,899 | |
Long-term debt | 486,147 | 395,310 | |
Other long-term accrued liabilities | 124,608 | 90,785 | |
Total liabilities | 1,766,202 | 1,489,102 | |
STOCKHOLDERS' EQUITY | |||
Common stock | 481,194 | 484,372 | |
Retained earnings and other equity | 893,127 | 846,221 | |
Total stockholders' equity | 1,374,321 | 1,330,593 | |
Total liabilities and stockholders' equity | $ 3,140,523 | $ 2,819,695 | |
ROLLINS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (in thousands except per share data) (unaudited) | |||||||
Three Months Ended December 31, | Twelve Months Ended December 31, | ||||||
2025 | 2024 | 2025 | 2024 | ||||
REVENUES | |||||||
Customer services | $ 912,913 | $ 832,169 | $ 3,761,050 | $ 3,388,708 | |||
COSTS AND EXPENSES | |||||||
Cost of services provided (exclusive of depreciation and amortization below) | 447,561 | 405,462 | 1,777,006 | 1,603,197 | |||
Sales, general and administrative | 273,719 | 245,545 | 1,133,232 | 1,015,067 | |||
Depreciation and amortization | 31,567 | 30,535 | 124,744 | 113,220 | |||
Total operating expenses | 752,847 | 681,542 | 3,034,982 | 2,731,484 | |||
OPERATING INCOME | 160,066 | 150,627 | 726,068 | 657,224 | |||
Interest expense, net | 7,440 | 5,027 | 28,558 | 27,677 | |||
Other (income) expense, net | (2,082) | 250 | (3,416) | (683) | |||
CONSOLIDATED INCOME BEFORE INCOME TAXES | 154,708 | 145,350 | 700,926 | 630,230 | |||
PROVISION FOR INCOME TAXES | 38,267 | 39,675 | 174,221 | 163,851 | |||
NET INCOME | $ 116,441 | $ 105,675 | $ 526,705 | $ 466,379 | |||
NET INCOME PER SHARE - BASIC AND DILUTED | $ 0.24 | $ 0.22 | $ 1.09 | $ 0.96 | |||
Weighted average shares outstanding - basic | 482,738 | 484,304 | 484,105 | 484,249 | |||
Weighted average shares outstanding - diluted | 482,781 | 484,351 | 484,147 | 484,295 | |||
DIVIDENDS PAID PER SHARE | $ 0.1825 | $ 0.1650 | $ 0.6775 | $ 0.6150 | |||
ROLLINS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED CASH FLOW INFORMATION (in thousands) (unaudited) | |||||||
Three Months Ended December 31, | Twelve Months Ended December 31, | ||||||
2025 | 2024 | 2025 | 2024 | ||||
OPERATING ACTIVITIES | |||||||
Net income | $ 116,441 | $ 105,675 | $ 526,705 | $ 466,379 | |||
Depreciation and amortization | 31,567 | 30,535 | 124,744 | 113,220 | |||
Change in working capital and other operating activities | 16,736 | 51,948 | 26,658 | 28,054 | |||
Net cash provided by operating activities | 164,744 | 188,158 | 678,107 | 607,653 | |||
INVESTING ACTIVITIES | |||||||
Acquisitions, net of cash acquired | (21,210) | (51,942) | (309,518) | (157,471) | |||
Capital expenditures | (5,726) | (4,183) | (28,086) | (27,572) | |||
Other investing activities, net | 3,052 | 3,453 | 10,905 | 8,811 | |||
Net cash used in investing activities | (23,884) | (52,672) | (326,699) | (176,232) | |||
FINANCING ACTIVITIES | |||||||
Net debt borrowings (repayments) | 114,430 | (50,000) | 209,645 | (96,000) | |||
Payment of dividends | (88,451) | (80,025) | (327,901) | (297,989) | |||
Cash paid for common stock purchased | (198,282) | (72) | (216,855) | (11,606) | |||
Other financing activities, net | 3,869 | (5,105) | (8,468) | (35,113) | |||
Net cash used in financing activities | (168,434) | (135,202) | (343,579) | (440,708) | |||
Effect of exchange rate changes on cash and cash equivalents | 221 | (5,936) | 2,545 | (4,908) | |||
Net (decrease) increase in cash and cash equivalents | $ (27,353) | $ (5,652) | $ 10,374 | $ (14,195) | |||
APPENDIX
Reconciliation of GAAP and non-GAAP Financial Measures
A non-GAAP financial measure is a numerical measure of financial performance, financial position, or cash flows that either 1) excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of operations, balance sheet or statement of cash flows, or 2) includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented.
These measures should not be considered in isolation or as a substitute for revenues, net income, earnings per share or other performance measures prepared in accordance with GAAP. Management believes all of these non-GAAP financial measures are useful to provide investors with information about current trends in, and period-over-period comparisons of, the Company's results of operations. An analysis of any non-GAAP financial measure should be used in conjunction with results presented in accordance with GAAP.
The Company has used the following non-GAAP financial measures in this earnings release:
Organic revenues
Organic revenues are calculated as revenues less the revenues from acquisitions completed within the prior 12 months and excluding the revenues from divested businesses. Acquisition revenues are based on the trailing 12-month revenue of our acquired entities. Management uses organic revenues, and organic revenues by type to compare revenues over various periods excluding the impact of acquisitions and divestitures.
Adjusted operating income and adjusted operating margin
Adjusted operating income and adjusted operating margin are calculated by adding back to operating income those expenses associated with the amortization of intangible assets and adjustments to the fair value of contingent consideration resulting from the acquisitions of Fox Pest Control and Saela Pest Control. Adjusted operating margin is calculated as adjusted operating income divided by revenues. Management uses adjusted operating income and adjusted operating margin as measures of operating performance because these measures allow the Company to compare performance consistently over various periods.
Adjusted net income and adjusted EPS
Adjusted net income and adjusted EPS are calculated by adding back to the GAAP measures amortization of intangible assets and adjustments to the fair value of contingent consideration resulting from the acquisitions of Fox Pest Control and Saela Pest Control, excluding gains and losses on the sale of non-operational assets and gains on the sale of businesses, and by further subtracting the tax impact of those expenses, gains, or losses. Management uses adjusted net income and adjusted EPS as measures of operating performance because these measures allow the Company to compare performance consistently over various periods.
EBITDA, EBITDA margin, adjusted EBITDA, adjusted EBITDA margin, incremental EBITDA margin and adjusted incremental EBITDA margin
EBITDA is calculated by adding back to net income depreciation and amortization, interest expense, net, and provision for income taxes. EBITDA margin is calculated as EBITDA divided by revenues. Adjusted EBITDA and adjusted EBITDA margin are calculated by further adding back those expenses associated with the adjustments to the fair value of contingent consideration resulting from the acquisitions of Fox Pest Control and Saela Pest Control, and excluding gains and losses on the sale of non-operational assets and gains on the sale of businesses. Management uses EBITDA, EBITDA margin, adjusted EBITDA and adjusted EBITDA margin as measures of operating performance because these measures allow the Company to compare performance consistently over various periods. Incremental EBITDA margin is calculated as the change in EBITDA divided by the change in revenue. Management uses incremental EBITDA margin as a measure of operating performance because this measure allows the Company to compare performance consistently over various periods. Adjusted incremental EBITDA margin is calculated as the change in adjusted EBITDA divided by the change in revenue. Management uses adjusted incremental EBITDA margin as a measure of operating performance because this measure allows the Company to compare performance consistently over various periods.
Free cash flow, free cash flow conversion, adjusted free cash flow, and adjusted free cash flow conversion
Free cash flow is calculated by subtracting capital expenditures from cash provided by operating activities. Management uses free cash flow to demonstrate the Company's ability to maintain its asset base and generate future cash flows from operations. Free cash flow conversion is calculated as free cash flow divided by net income. Adjusted free cash flow is calculated by adding back to cash provided by operating activities the impact of certain delayed income tax payments. Adjusted free cash flow conversion is calculated as adjusted free cash flow divided by net income.
Management uses free cash flow conversion and adjusted free cash flow conversion to demonstrate how much net income is converted into cash. Management believes that free cash flow and adjusted free cash flow are important financial measures for use in evaluating the Company's liquidity. Free cash flow and adjusted free cash flow should be considered in addition to, rather than as a substitute for, net cash provided by operating activities as a measure of our liquidity. Additionally, the Company's definition of free cash flow and adjusted free cash flow is limited, in that it does not represent residual cash flows available for discretionary expenditures, due to the fact that the measure does not deduct the payments required for debt service and other contractual obligations or payments made for business acquisitions. Therefore, management believes it is important to view free cash flow and adjusted free cash flow as measures that provide supplemental information to our consolidated statements of cash flows.
Adjusted sales, general and administrative ("SG&A")
Adjusted SG&A is calculated by removing the adjustments to the fair value of contingent consideration resulting from the acquisitions of Fox Pest Control and Saela Pest Control. Management uses adjusted SG&A to compare SG&A expenses consistently over various periods.
Leverage ratio
Leverage ratio, a financial valuation measure, is calculated by dividing adjusted net debt by adjusted EBITDAR. Adjusted net debt is calculated by adding short-term debt and operating lease liabilities to total long-term debt less a cash adjustment of 90% of total consolidated cash. Adjusted EBITDAR is calculated by adding back to net income depreciation and amortization, interest expense, net, provision for income taxes, operating lease cost, and stock-based compensation expense. Management uses leverage ratio as an assessment of overall liquidity, financial flexibility, and leverage.
Set forth below is a reconciliation of the non-GAAP financial measures contained in this release with their most directly comparable GAAP measures.
(unaudited, in thousands, except per share data and margins) | |||||||||||||||
Three Months Ended December 31, | Twelve Months Ended December 31, | ||||||||||||||
Variance | Variance | ||||||||||||||
2025 | 2024 | $ | % | 2025 | 2024 | $ | % | ||||||||
Reconciliation of Revenues to Organic Revenues | |||||||||||||||
Revenues | $ 912,913 | $ 832,169 | 80,744 | 9.7 | $ 3,761,050 | $ 3,388,708 | 372,342 | 11.0 | |||||||
Revenues from acquisitions | (33,449) | — | (33,449) | 4.0 | (138,587) | — | (138,587) | 4.1 | |||||||
Organic revenues | $ 879,464 | $ 832,169 | 47,295 | 5.7 | $ 3,622,463 | $ 3,388,708 | 233,755 | 6.9 | |||||||
Reconciliation of Residential Revenues to Organic Residential Revenues | |||||||||||||||
Residential revenues | $ 404,995 | $ 369,062 | 35,933 | 9.7 | $ 1,693,244 | $ 1,535,104 | 158,140 | 10.3 | |||||||
Residential revenues from acquisitions | (19,584) | — | (19,584) | 5.3 | (80,778) | — | (80,778) | 5.3 | |||||||
Residential organic revenues | $ 385,411 | $ 369,062 | 16,349 | 4.4 | $ 1,612,466 | $ 1,535,104 | 77,362 | 5.0 | |||||||
Reconciliation of Commercial Revenues to Organic Commercial Revenues | |||||||||||||||
Commercial revenues | $ 304,930 | $ 280,446 | 24,484 | 8.7 | $ 1,244,733 | $ 1,125,964 | 118,769 | 10.5 | |||||||
Commercial revenues from acquisitions | (6,442) | — | (6,442) | 2.3 | (32,686) | — | (32,686) | 2.9 | |||||||
Commercial organic revenues | $ 298,488 | $ 280,446 | 18,042 | 6.4 | $ 1,212,047 | $ 1,125,964 | 86,083 | 7.6 | |||||||
Reconciliation of Termite and Ancillary Revenues to Organic Termite and Ancillary Revenues | |||||||||||||||
Termite and ancillary revenues | $ 192,887 | $ 172,428 | 20,459 | 11.9 | $ 781,542 | $ 688,186 | 93,356 | 13.6 | |||||||
Termite and ancillary revenues from acquisitions | (7,423) | — | (7,423) | 4.3 | (25,123) | — | (25,123) | 3.7 | |||||||
Termite and ancillary organic revenues | $ 185,464 | $ 172,428 | 13,036 | 7.6 | $ 756,419 | $ 688,186 | 68,233 | 9.9 | |||||||
Reconciliation of Franchise and Other Revenues to Organic Franchise and Other Revenues | |||||||||||||||
Franchise and other revenues | $ 10,101 | $ 10,233 | (132) | (1.3) | $ 41,531 | $ 39,454 | 2,077 | 5.3 | |||||||
Franchise and other revenues from acquisitions | — | — | — | — | — | — | — | — | |||||||
Franchise and other organic revenues | $ 10,101 | $ 10,233 | (132) | (1.3) | $ 41,531 | $ 39,454 | 2,077 | 5.3 | |||||||
Three Months Ended December 31, | Twelve Months Ended December 31, | ||||||||||||||
Variance | Variance | ||||||||||||||
2025 | 2024 | $ | % | 2025 | 2024 | $ | % | ||||||||
Reconciliation of Operating Income and Operating Margin to Adjusted Operating Income and Adjusted Operating Margin | |||||||||||||||
Operating income | $ 160,066 | $ 150,627 | $ 726,068 | $ 657,224 | |||||||||||
Acquisition-related expenses (1) | 7,308 | 4,212 | 26,132 | 17,902 | |||||||||||
Adjusted operating income | $ 167,374 | $ 154,839 | 12,535 | 8.1 | $ 752,200 | $ 675,126 | 77,074 | 11.4 | |||||||
Revenues | $ 912,913 | $ 832,169 | $ 3,761,050 | $ 3,388,708 | |||||||||||
Operating margin | 17.5 % | 18.1 % | 19.3 % | 19.4 % | |||||||||||
Adjusted operating margin | 18.3 % | 18.6 % | 20.0 % | 19.9 % | |||||||||||
Reconciliation of Net Income and EPS to Adjusted Net Income and Adjusted EPS | |||||||||||||||
Net income | $ 116,441 | $ 105,675 | $ 526,705 | $ 466,379 | |||||||||||
Acquisition-related expenses (1) | 7,308 | 4,212 | 26,132 | 17,902 | |||||||||||
(Gain) loss on sale of assets, net (2) | (998) | 250 | (2,332) | (683) | |||||||||||
Tax impact of adjustments (3) | (1,615) | (1,142) | (6,093) | (4,408) | |||||||||||
Adjusted net income | $ 121,136 | $ 108,995 | 12,141 | 11.1 | $ 544,412 | $ 479,190 | 65,222 | 13.6 | |||||||
EPS - basic and diluted | $ 0.24 | $ 0.22 | $ 1.09 | $ 0.96 | |||||||||||
Acquisition-related expenses (1) | 0.02 | 0.01 | 0.05 | 0.04 | |||||||||||
(Gain) loss on sale of assets, net (2) | — | — | — | — | |||||||||||
Tax impact of adjustments (3) | — | — | (0.01) | (0.01) | |||||||||||
Adjusted EPS - basic and diluted (4) | $ 0.25 | $ 0.23 | 0.02 | 8.7 | $ 1.12 | $ 0.99 | 0.13 | 13.1 | |||||||
Weighted average shares outstanding - basic | 482,738 | 484,304 | 484,105 | 484,249 | |||||||||||
Weighted average shares outstanding - diluted | 482,781 | 484,351 | 484,147 | 484,295 | |||||||||||
Reconciliation of Net Income to EBITDA, Adjusted EBITDA, EBITDA Margin, Incremental EBITDA Margin, Adjusted EBITDA Margin, and Adjusted Incremental EBITDA Margin | |||||||||||||||
Net income | $ 116,441 | $ 105,675 | $ 526,705 | $ 466,379 | |||||||||||
Depreciation and amortization | 31,567 | 30,535 | 124,744 | 113,220 | |||||||||||
Interest expense, net | 7,440 | 5,027 | 28,558 | 27,677 | |||||||||||
Provision for income taxes | 38,267 | 39,675 | 174,221 | 163,851 | |||||||||||
EBITDA | $ 193,715 | $ 180,912 | 12,803 | 7.1 | $ 854,228 | $ 771,127 | 83,101 | 10.8 | |||||||
Acquisition-related expenses (1) | 1,084 | — | 3,248 | 1,049 | |||||||||||
(Gain) loss on sale of assets, net (2) | (998) | 250 | (2,332) | (683) | |||||||||||
Adjusted EBITDA | $ 193,801 | $ 181,162 | 12,639 | 7.0 | $ 855,144 | $ 771,493 | 83,651 | 10.8 | |||||||
Revenues | $ 912,913 | $ 832,169 | 80,744 | $ 3,761,050 | $ 3,388,708 | 372,342 | |||||||||
EBITDA margin | 21.2 % | 21.7 % | 22.7 % | 22.8 % | |||||||||||
Incremental EBITDA margin | 15.9 % | 22.3 % | |||||||||||||
Adjusted EBITDA margin | 21.2 % | 21.8 % | 22.7 % | 22.8 % | |||||||||||
Adjusted incremental EBITDA margin | 15.7 % | 22.5 % | |||||||||||||
Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow, Free Cash Flow Conversion, Adjusted Free Cash Flow, and Adjusted Free Cash Flow Conversion | |||||||||||||||
Net cash provided by operating activities | $ 164,744 | $ 188,158 | $ 678,107 | $ 607,653 | |||||||||||
Capital expenditures | (5,726) | (4,183) | (28,086) | (27,572) | |||||||||||
Free cash flow | $ 159,018 | $ 183,975 | (24,957) | (13.6) | $ 650,021 | $ 580,081 | 69,940 | 12.1 | |||||||
Delayed income tax payments(5) | — | (21,710) | 21,710 | (21,710) | |||||||||||
Adjusted free cash flow | $ 159,018 | $ 162,265 | (3,247) | (2.0) | $ 671,731 | $ 558,371 | 113,360 | 20.3 | |||||||
Free cash flow conversion | 136.6 % | 174.1 % | 123.4 % | 124.4 % | |||||||||||
Adjusted free cash flow conversion | 136.6 % | 153.6 % | 127.5 % | 119.7 % | |||||||||||
Three Months Ended December 31, | Twelve Months Ended December 31, | ||||||
2025 | 2024 | 2025 | 2024 | ||||
Reconciliation of SG&A to Adjusted SG&A | |||||||
SG&A | $ 273,719 | $ 245,545 | $ 1,133,232 | $ 1,015,067 | |||
Acquisition-related expenses (1) | 1,084 | — | 3,248 | 1,049 | |||
Adjusted SG&A | $ 272,635 | $ 245,545 | $ 1,129,984 | $ 1,014,018 | |||
Revenues | $ 912,913 | $ 832,169 | $ 3,761,050 | $ 3,388,708 | |||
Adjusted SG&A as a % of revenues | 29.9 % | 29.5 % | 30.0 % | 29.9 % | |||
Twelve Months Ended December 31, | |||||||
2025 | 2024 | ||||||
Reconciliation of Long-term Debt and Net Income to Leverage Ratio | |||||||
Short-term debt (6) | $ 123,683 | $ — | |||||
Long-term debt (7) | 500,000 | 397,000 | |||||
Operating lease liabilities (8) | 428,175 | 417,218 | |||||
Cash adjustment (9) | (90,004) | (80,667) | |||||
Adjusted net debt | $ 961,854 | $ 733,551 | |||||
Net income | $ 526,705 | $ 466,379 | |||||
Depreciation and amortization | 124,744 | 113,220 | |||||
Interest expense, net | 28,558 | 27,677 | |||||
Provision for income taxes | 174,221 | 163,851 | |||||
Operating lease cost (10) | 159,924 | 133,420 | |||||
Stock-based compensation expense | 39,707 | 29,984 | |||||
Adjusted EBITDAR | $ 1,053,859 | $ 934,531 | |||||
Leverage ratio | 0.9x | 0.8x | |||||
(1) Consists of expenses associated with the amortization of intangible assets and adjustments to the fair value of contingent consideration resulting from the acquisitions of Fox Pest Control and Saela Pest Control. While we exclude such expenses in this non-GAAP measure, the revenue from the acquired company is reflected in this non-GAAP measure and the acquired assets contribute to revenue generation. |
(2) Consists of the gain or loss on the sale of non-operational assets. |
(3) The tax effect of the adjustments is calculated using the applicable statutory tax rates for the respective periods. |
(4) In some cases, the sum of the individual EPS amounts may not equal total non-GAAP EPS calculations due to rounding. (5) The U.S. Internal Revenue Service provided disaster relief to all State of Georgia taxpayers due to the impact of Hurricane Helene. Therefore, we did not make an estimated payment for U.S. federal income tax purposes in the fourth quarter of 2024. That tax payment was made during the second quarter of 2025. |
(6) As of December 31, 2025, the Company had outstanding borrowings of $114.4 million under our commercial paper program and $9.3 million in bank overdrafts. The Company's short-term borrowings are presented under the short-term debt caption of our consolidated statements of financial position, net of unamortized discounts. |
(7) As of December 31, 2025, the Company had outstanding borrowings of $500.0 million from the issuance of our 2035 Senior Notes and no outstanding borrowings under the Revolving Credit Facility. These borrowings are presented under the long-term debt caption of our consolidated statements of financial position, net of a $7.1 million unamortized discount and $6.7 million in unamortized debt issuance costs as of December 31, 2025. As of December 31, 2024, the Company had outstanding borrowings of $397.0 million, under the Revolving Credit Facility. Borrowings under the Revolving Credit Facility are presented under the long-term debt caption of our consolidated statements of financial position, net of $1.7 million in unamortized debt issuance costs as of December 31, 2024. |
(8) Operating lease liabilities are presented under the operating lease liabilities - current and operating lease liabilities, less current portion captions of our consolidated statements of financial position. |
(9) Represents 90% of cash and cash equivalents per our consolidated statements of financial position as of both periods presented. |
(10) Operating lease cost excludes short-term lease cost associated with leases that have a duration of 12 months or less. |
For Further Information Contact
Lyndsey Burton (404) 888-2348
View original content to download multimedia:https://www.prnewswire.com/news-releases/rollins-inc-reports-fourth-quarter-and-full-year-2025-financial-results-302685636.html
SOURCE Rollins, Inc.
Original: ROLLINS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2025 FINANCIAL RESULTS
|
Followers
|
0
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
13
|
|
Created
|
12/14/21
|
Type
|
Free
|
| Moderators | |||
Featured News
Sponsored
The mood in the Wall Street pre-market is one of strong risk aversion. Investors are reacting pessimistically to reports that OpenAI may delay its highly anticipated initial public offering (IPO), which has reignited doubts about actual financial returns compared to the astronomical infrastructure costs of Artificial Intelligence (AI). At 8:02 AM ET, Dow Jones index […]
