NYSE$ROL
Rollins Inc. · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Rollins reported a strong third quarter with revenue growth and increased profitability, tempered by growth investments.
Rollins, Inc. reported a 9.0% increase in third-quarter revenues to $916 million, with organic revenues increasing by 7.7%. Operating income increased by 8.3% to $192 million. Net income increased by 7.1% to $137 million, and EPS increased by 7.7% to $0.28 per diluted share. The company continues to invest in growth initiatives and manage the impact of recent hurricanes.
- Third quarter revenues increased by 9.0% year-over-year to $916 million, with organic revenues up 7.7%.
- Operating income for the quarter rose by 8.3% to $192 million.
- Net income increased by 7.1% to $137 million compared to the same period last year.
- EPS increased by 7.7% to $0.28 per diluted share.
Headline financials
Revenue & EPS history
Rollins · Revenue · Quarterly
$916M
Revenue by segment
Rollins · $677M total across 2 segments · Q3 2023
- Residential Revenue$404M+19.7%59.8%
- Commercial Revenue$272M+11.8%40.2%
Forward guidance
Rollins is on track to deliver healthy margin improvement and double-digit earnings growth for the year.
Tailwinds
- Team delivered a strong third quarter with organic revenue growth of 7.7 percent.
- Continue to invest in our team and other resources aimed at capitalizing on a healthy market environment.
- On track to deliver healthy margin improvement
- On track to deliver double-digit earnings growth for the year
- Continue efforts to support teammates and communities impacted by recent hurricanes.
Headwinds
- Some disruption to operations from Hurricane Helene during the last week of the quarter.
- Growth investments tempered overall margin performance in the quarter.
- Adjusted operating income margin decreased by 90 basis points compared to the prior year.
- Adjusted EBITDA margin decreased by 80 basis points versus the third quarter of 2023.
- Recent hurricanes have impacted teammates and communities.
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 Q3 2024
+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
| Quarter | Report date | Reaction (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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro