NYSE$ROL

Rollins Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Rollins reported strong financial results with a revenue increase of 10.3% and net income of $72.4 million for the first quarter of 2022.

Rollins, Inc. reported a revenue increase of 10.3% to $590.7 million in Q1 2022. Net income was $72.4 million, or $0.15 per diluted share. The company is confident in its continued strategic growth and profitability.

  • Revenue increased by 10.3% compared to Q1 2021, reaching $590.7 million.
  • Organic revenues increased by 7.0% to $573.1 million.
  • Net income for Q1 2022 was $72.4 million, or $0.15 per diluted share.
  • Adjusted earnings per diluted share for Q1 2022 was $0.15.

Headline financials

Total Revenue

$591M

Previous: $536M+10.3%
EPS (adj)

$0.15

Previous: $0.14+7.1%
Operating Margin

15.5%

No prior period
Capital Expenditures

-$8M

Previous: -$7.83M-2.2%
Free Cash Flow

$64.5M

Previous: $84.8M-24.0%
Net Income

$72.4M

Previous: $92.6M-21.8%
Operating Income

$91.7M

Previous: $115M-20.3%
Gross Profit

-$320M

Previous: $274M-216.9%
Cash & Equivalents

$258M

Previous: $117M+120.2%
Total Assets

$2.13B

Previous: $1.88B+13.5%
Stock-Based Comp

$6.14M

Previous: $3.92M+56.5%

Revenue & EPS history

Rollins · Revenue · Quarterly

$591M

Q1 2022+10.3%vs Q1 2021
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Rollins · $465M total across 2 segments · Q1 2022

  • Residential Revenue
    $259M
  • Commercial Revenue
    $206M

Forward guidance

The Company is well positioned for 2022.

Tailwinds

  • The company believes it is well-positioned for 2022.
  • Employees have displayed a strong level of commitment.
  • Employees have displayed a strong drive towards taking care of customers.
  • The company is confident in its continued strategic growth.
  • The company is confident in its profitability moving forward.

Headwinds

  • Failure to maintain and enhance brands and develop a positive client reputation.
  • Inability to protect intellectual property and other proprietary rights.
  • Actions taken by franchisees, subcontractors, or vendors that may harm the business.
  • General economic conditions including the impact of COVID-19.
  • Potential increases in labor costs and labor shortages.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.3%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.6%

Avg return

30 days after

60%

41 / 68 earnings

Positive

+14.1%

Q3 2022

Best reaction

-11.5%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.3%+0.8%-3.3%
Q4 2025-10.5%-8.4%-16.0%
Q3 2025+7.3%+10.7%+14.1%
Q1 2025+1.0%+2.6%+3.5%
Q4 2024+3.6%-0.2%+2.6%
Q3 2024-6.2%-4.6%+2.2%
Q2 2024-6.4%-4.7%+0.4%
Q1 2024+3.8%+5.0%+8.3%
Q4 2023-4.9%-6.4%+5.7%
Q3 2023+6.1%+9.5%+19.2%
Q2 2023-8.9%-8.9%-12.2%
Q1 2023+4.7%+3.9%-1.0%
Q4 2022+1.5%+1.9%+1.2%
Q3 2022+14.1%+17.1%+11.3%
Q2 2022+6.5%+8.0%-4.8%
Q1 2022+5.2%+1.5%+11.9%
Q4 2021-7.3%-1.3%+2.8%
Q3 2021-11.5%-13.0%-9.8%
Q2 2021+1.8%+3.7%+3.9%
Q1 2021+4.0%+5.1%-5.1%
Q4 2020-2.9%-2.2%-10.4%
Q3 2020-0.2%-1.9%-3.8%
Q2 2020+5.7%+8.4%+12.6%
Q1 2020-1.7%+0.0%+2.8%
Q4 2019+4.0%+4.8%+1.9%
Q3 2019+7.3%+5.6%-1.4%
Q2 2019-10.8%-11.2%-16.2%
Q1 2019-10.6%-11.1%-15.4%
Q4 2018-1.6%-2.7%+2.7%
Q3 2018+0.6%+1.7%+6.3%
Q2 2018+1.2%-1.6%+5.7%
Q1 2018-3.0%-4.3%-1.1%
Q4 2017+5.5%+4.9%+6.9%
Q3 2017-6.6%-8.3%-4.1%
Q2 2017+4.0%+4.3%+7.6%
Q1 2017+2.7%+2.8%+13.0%
Q4 2016+4.8%+3.8%+8.9%
Q3 2016+9.1%+9.5%+15.8%
Q2 2016-4.6%-3.3%-3.7%
Q1 2016+0.4%
Q4 2015-0.3%
Q3 2015-0.7%
Q2 2015+3.3%
Q1 2015-1.6%
Q4 2014+1.0%
Q3 2014+3.1%
Q2 2014+0.7%
Q1 2014+0.0%
Q4 2013+2.0%
Q3 2013+0.2%
Q2 2013-5.8%
Q1 2013+1.4%
Q4 2012+1.7%
Q3 2012+0.9%
Q2 2012+3.9%
Q1 2012+2.4%
Q4 2011-2.6%
Q3 2011-7.1%
Q2 2011-0.7%
Q1 2010-0.7%
Q1 2011+2.3%
Q4 2008+2.7%
Q4 2010+2.7%
Q3 2009-0.2%
Q3 2010-0.2%
Q2 2010+0.5%
Q2 2009+0.5%
Q4 2009+0.5%

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