Sep 30, 2021

Rollins Q3 2021 Earnings Report

Rollins reported strong financial results with revenue increase and earnings per share growth.

Key Takeaways

Rollins, Inc. reported an 11.4% increase in third-quarter revenues to $650.2 million compared to the prior year. Net income increased to $93.9 million, or $0.19 per diluted share, compared to $79.6 million, or $0.16 per diluted share, for the same period in 2020.

Third quarter revenues increased by 11.4% year-over-year to $650.2 million.

Net income for the third quarter was $93.9 million, or $0.19 per diluted share.

Revenues for the first nine months of 2021 rose by 12.2% to $1.824 billion.

Net income for the first nine months of 2021 was $285.4 million, or $0.58 per diluted share.

Total Revenue
$650M
Previous year: $584M
+11.4%
EPS
$0.19
Previous year: $0.17
+11.8%
Gross Profit
$345M
Previous year: $308M
+11.8%
Cash and Equivalents
$118M
Previous year: $95.4M
+23.3%
Free Cash Flow
$72.9M
Previous year: $101M
-27.5%
Total Assets
$1.9B
Previous year: $1.81B
+5.5%

Rollins

Rollins

Forward Guidance

Rollins remains confident of continued success for 2021.