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ATLANTA, March 10, 2025 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), has named William (Will) Harkins as Chief Accounting Officer, effective March 17, 2025. Mr. Harkins joins Rollins from Mohawk Industries, Inc., where he served as Chief Accounting Officer and Corporate Controller. Throughout his career, he has held leadership positions with Mars, Incorporated and The Coca-Cola Company. During his 14-year tenure at The Coca-Cola Company he took on roles of increasing responsibility, including leading the Corporate and North America shared services teams through a significant transformation. He began his career at Ernst & Young LLP.
ATLANTA, Feb. 19, 2025 /PRNewswire/ -- Rollins, Inc. (NYSE: ROL) ("Rollins" or the "Company") announced today that it priced $500,000,000 aggregate principal amount of its 5.25% Senior Notes due 2035 (the "Notes"). The offering is expected to close on February 24, 2025 subject to customary closing conditions. The Notes will mature on February 24, 2035. The Notes have been offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. Rollins expects to use the net proceeds from this offering primarily to repay indebtedness incurred under the Company's senior credit facility, as well as for general corporate purposes, which may include dividends, share repurchases, acquisitions, working capital and capital expenditures. The Notes will be guaranteed by the Company's subsidiaries that are guarantors under its senior credit facility.
Strong Revenue Growth Drives Double-Digit Increase to Earnings and Cash Flow in 2024
ATLANTA, Feb. 12, 2025 /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 2024.
2024 Fourth Quarter Highlights(All comparisons against the fourth quarter of 2023 unless otherwise noted)
Orkin Shares What Homeowners Need to Know to Help Prevent Costly Damage
ATLANTA, Feb. 11, 2025 /PRNewswire/ -- Miami remains the most termite-infested city in America, according to Orkin's Top 50 Termite Cities list. Los Angeles and Tampa, Fla., held onto their second and third-place spots, rounding out the top three cities with the most termite trouble in the country. This year, Houston made its debut in the top 10, and for the first time in the history of the list, Oklahoma City and Waco, Texas, made the top 50.
ATLANTA, Jan. 22, 2025 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL), a premier global consumer and commercial services company announced that the Board of Directors declared a regular quarterly cash dividend on its common stock of $0.165 per share payable March 10, 2025 to shareholders of record at the close of business on February 25, 2025. This represents an increase of 10 percent from the same quarter a year ago.
ATLANTA, Jan. 13, 2025 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, today announced that it will release its fourth quarter and full year results for the period ended December 31, 2024, after the market closes on Wednesday, February 12, 2025. 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, February 13, 2025, at 8:30 a.m. Eastern Time.
ATLANTA, Nov. 7, 2024 /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, Chief Financial Officer and Treasurer, will present at the following investor conferences:
Baird 2024 Global Industrial Conference at the Ritz-Carlton Chicago, November 14, 2024, from 9:30 a.m. – 10:00 a.m. E.T.UBS Global Industrials & Transportation Conference at the Eau Resort Palm Beach, December 4, 2024, from 10:30 a.m. – 11:10 a.m. E.T.
ATLANTA, Nov. 4, 2024 /PRNewswire/ -- Rollins, Inc. (NYSE: ROL) ("Rollins" or the "Company), a premier global consumer and commercial services company, announced that effective today, Clay Scherer, Ph.D. has been named Group Vice President, Technical Services.
"We are pleased to have Clay join our leadership team, overseeing key operational groups within our business including Technical Services, Quality Assurance and Regulatory," said president and CEO, Jerry Gahlhoff. "Clay brings to Rollins three decades of experience, with several years of leadership in key global pest management markets, and a strong background in developing customer-focused solutions and leading diverse teams. His passion for and expertise in urban entomology contributed to the development of the next generation of pest management solutions and the creation of service protocols that remain industry standard today. We look forward to Clay making valuable contributions to our team," said Gahlhoff.
Orkin Canada's annual national "Rattiest Cities" list is out!
MISSISSAUGA, ON, Oct. 29, 2024 /CNW/ - Orkin Canada has released its annual list of Canada's top 25 "Rattiest Cities," with Toronto once again claiming the top spot.
This year saw Toronto and Vancouver vying for first place in the rodent race and welcomed Montreal and Halifax onto the list.
City rankings are based on the number of commercial and residential rodent (rat and mice) treatments that Orkin Canada carried out from August 1, 2023 through July 31, 2024.
Investing in Growth to Capitalize on Healthy Market
ATLANTA, Oct. 23, 2024 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, reported unaudited financial results for the third quarter of 2024.
Key Highlights
Third quarter revenues were $916 million, an increase of 9.0% over the third quarter of 2023 with organic revenues* increasing 7.7%.Quarterly operating income was $192 million, an increase of 8.3% over the third quarter of 2023. Quarterly operating margin was 20.9%, a decrease of 20 basis points versus the third quarter of 2023. Adjusted operating income* was $196 million, an increase of 4.5% over the prior year. Adjusted operating income margin* was 21.4%, a decrease of 90 basis points compared to the prior year.Adjusted EBITDA* was $219 million, an increase of 5.5% over the prior year. Adjusted EBITDA margin* was 24.0%, a decrease of 80 basis points versus the third quarter of 2023.Quarterly net income was $137 million, an increase of 7.1% over the prior year. Adjusted net income* was $140 million, an increase of 3.3% over the prior year.Quarterly EPS was $0.28 per diluted share, a 7.7% increase over the prior year EPS of $0.26. Adjusted EPS* was $0.29 per diluted share, an increase of 3.6% over the prior year.Operating cash flow was $147 million for the quarter, an increase of 15.4% compared to the prior year. The Company invested $24 million in acquisitions, $8 million in capital expenditures, and paid dividends totaling $73 million.