Rollins Q4 2022 Earnings Report
Key Takeaways
Rollins, Inc. reported a 10.2% increase in fourth-quarter revenues to $661.4 million, with organic revenues increasing by 6.9%. The company's net income for the quarter increased by 26.1% to $84.3 million, with EPS at $0.17 per diluted share. Operating cash flow was $123.4 million, a 19.9% increase year-over-year.
Fourth quarter revenues increased by 10.2% to $661.4 million, with organic revenues up 6.9%.
Operating income for the quarter rose by 28.5% to $119.9 million, with an operating margin of 18.1%.
Net income increased by 26.1% to $84.3 million, resulting in EPS of $0.17 per diluted share.
Operating cash flow increased by 19.9% to $123.4 million.
Rollins
Rollins
Forward Guidance
Rollins is well positioned to continue to deliver strong results in 2023 and beyond. The demand environment remains healthy, and the team is focused on driving organic and inorganic growth while improving profitability through disciplined service delivery.
Positive Outlook
- Strong position to continue to deliver strong results in 2023 and beyond.
- Healthy demand environment.
- Team is focused on driving organic and inorganic growth.
- Improving profitability through disciplined service delivery.