Cash flow Rollins, Inc.

Equities

ROL

US7757111049

Business Support Services

Market Closed - Nyse Other stock markets 04:00:02 2024-09-13 pm EDT			5-day change	1st Jan Change
50.47 ^USD	+0.64%		+1.77%	+15.57%

Sep. 10	Cash (flow) is king: 5 growth stocks
Sep. 06	Certain Common Stock of Rollins, Inc. are subject to a Lock-Up Agreement Ending on 6-SEP-2024.	CI

2664ddf3.Zx1JG1idh4cFa15Y8m9zmKEVAKcJ6zq1A5mRKQCqiaY.MS4rSgnUqsBvGisiulgj6-x5McNTjkj-RfHDHGTzvpcOXypcC6_q2FEJFw

Published financial data: ROLLINS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	2.02B	2.16B	2.42B	2.7B	3.07B
Total Revenues	2.02B	2.16B	2.42B	2.7B	3.07B
Cost of Goods Sold, Total	994M	1.05B	1.16B	1.31B	1.47B
Gross Profit	1.02B	1.11B	1.26B	1.39B	1.6B
Selling General & Admin Expenses, Total	623M	656M	727M	803M	912M
Depreciation & Amortization - (IS)	81.11M	88.33M	94.2M	91.33M	99.75M
Other Operating Expenses, Total	704M	745M	822M	894M	1.01B
Operating Income	317M	368M	440M	493M	592M
Interest Expense, Total	-6.92M	-5.08M	-830K	-2.64M	-19.06M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-6.92M	-5.08M	-830K	-2.64M	-19.06M
Currency Exchange Gains (Loss)	-	-	-400K	1.1M	-
Other Non Operating Income (Expenses)	-	-	4.58M	7.07M	6.64M
EBT, Excl. Unusual Items	310M	363M	443M	499M	579M
Restructuring Charges	-	-	-	-	-5.2M
Gain (Loss) On Sale Of Assets	581K	-1.6M	31.5M	-	15.45M
Other Unusual Items	-49.9M	-6.69M	-	-	-3.1M
EBT, Incl. Unusual Items	261M	355M	475M	499M	586M
Income Tax Expense	57.81M	93.9M	124M	130M	151M
Earnings From Continuing Operations	203M	261M	351M	369M	435M
Net Income to Company	203M	261M	351M	369M	435M
Net Income - (IS)	203M	261M	351M	369M	435M
Net Income to Common Incl Extra Items	203M	261M	351M	369M	435M
Net Income to Common Excl. Extra Items	203M	261M	351M	369M	435M
Per Share Items
Net EPS - Basic	0.41	0.53	0.71	0.75	0.89
Basic EPS - Continuing Operations	0.41	0.53	0.71	0.75	0.89
Basic Weighted Average Shares Outstanding	491M	492M	492M	492M	490M
Net EPS - Diluted	0.41	0.53	0.71	0.75	0.89
Diluted EPS - Continuing Operations	0.41	0.53	0.71	0.75	0.89
Diluted Weighted Average Shares Outstanding	491M	492M	492M	492M	490M
Normalized Basic EPS	0.4	0.46	0.56	0.63	0.74
Normalized Diluted EPS	0.4	0.46	0.56	0.63	0.74
Dividend Per Share	0.28	0.24	0.34	0.43	0.54
Payout Ratio	67.6	44.75	48.17	57.41	60.78
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	399M	456M	534M	585M	691M
EBITA	362M	416M	494M	549M	658M
EBIT	317M	368M	440M	493M	592M
EBITDAR	476M	542M	628M	683M	817M
Effective Tax Rate - (Ratio)	22.14	26.47	26.15	26.12	25.81
Current Domestic Taxes	58.93M	86.24M	112M	120M	146M
Current Foreign Taxes	6.11M	8.87M	10.48M	9.14M	12.78M
Total Current Taxes	65.04M	95.11M	122M	129M	159M
Deferred Domestic Taxes	-6.74M	-1.76M	1.76M	1.68M	-5.27M
Deferred Foreign Taxes	-493K	549K	-109K	-83K	-2.37M
Total Deferred Taxes	-7.23M	-1.22M	1.65M	1.6M	-7.64M
Normalized Net Income	194M	227M	277M	312M	362M
Non-Cash Pension Expense	47.47M	118K	322K	1.1M	300K
Supplemental Operating Expense Items
Advertising Expense	81.17M	86.31M	91.88M	103M	116M
Selling and Marketing Expenses	81.17M	86.31M	91.88M	103M	116M
Net Rental Expense, Total	77.76M	85.62M	93.45M	97.89M	125M
Imputed Operating Lease Interest Expense	-	7.65M	1.51M	5.59M	33.16M
Imputed Operating Lease Depreciation	-	77.97M	91.94M	92.3M	92.22M
Stock-Based Comp., Other (Total)	14.16M	20.85M	14.86M	21.22M	24.6M
Total Stock-Based Compensation	14.16M	20.85M	14.86M	21.22M	24.6M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	94.28M	98.48M	105M	95.35M	104M
Short Term Investments	-	-	12.7M	500K	1M
Total Cash And Short Term Investments	94.28M	98.48M	118M	95.85M	105M
Accounts Receivable, Total	145M	150M	166M	189M	215M
Total Receivables	145M	150M	166M	189M	215M
Inventory	19.48M	30.84M	28.93M	29.74M	33.38M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	51M	35.4M	39.72M	33.65M	53.19M
Total Current Assets	310M	315M	352M	349M	407M
Gross Property Plant And Equipment	664M	685M	550M	592M	657M
Accumulated Depreciation	-267M	-294M	-211M	-216M	-233M
Net Property Plant And Equipment	396M	390M	340M	376M	424M
Long-term Investments	-	-	-	10.2M	9.2M
Goodwill	573M	653M	722M	847M	1.07B
Other Intangibles, Total	387M	419M	485M	449M	572M
Accounts Receivable Long-Term	30.79M	38.19M	47.1M	63.52M	75.91M
Deferred Tax Assets Long-Term	2.18M	2.22M	2.95M	1.79M	2.29M
Deferred Charges Long-Term	-	-	-	-	6.7M
Other Long-Term Assets, Total	45.73M	28.37M	32M	27.04M	28.62M
Total Assets	1.74B	1.85B	1.98B	2.12B	2.6B
Liabilities
Accounts Payable, Total	35.23M	64.6M	44.57M	42.8M	49.2M
Accrued Expenses, Total	112M	123M	134M	139M	161M
Current Portion of Long-Term Debt	12.5M	17.19M	18.75M	15M	-
Current Portion of Leases	66.12M	73.25M	75.24M	84.54M	92.2M
Unearned Revenue Current, Total	123M	131M	145M	158M	172M
Other Current Liabilities	60.98M	63.54M	73.21M	54.57M	102M
Total Current Liabilities	410M	473M	491M	494M	577M
Long-Term Debt	279M	186M	136M	39.9M	491M
Long-Term Leases	136M	141M	173M	197M	233M
Unearned Revenue Non Current	-	-	-	-	37.7M
Pension & Other Post Retirement Benefits	780K	977K	-	-	-
Deferred Tax Liability Non Current	9.93M	10.61M	13.26M	24.15M	18.86M
Other Non Current Liabilities	93.23M	93.73M	85.64M	100M	82.5M
Total Liabilities	929M	905M	899M	855M	1.44B
Common Stock, Total	327M	492M	492M	492M	484M
Additional Paid In Capital	89.41M	102M	106M	119M	132M
Retained Earnings	420M	359M	501M	687M	566M
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	-21.11M	-10.9M	-16.41M	-31.56M	-26.76M
Total Common Equity	816M	941M	1.08B	1.27B	1.16B
Total Equity	816M	941M	1.08B	1.27B	1.16B
Total Liabilities And Equity	1.74B	1.85B	1.98B	2.12B	2.6B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	492M	492M	492M	492M	484M
ECS Total Common Shares Outstanding	491M	492M	492M	492M	484M
Book Value / Share	1.66	1.91	2.2	2.57	2.39
Tangible Book Value	-144M	-131M	-125M	-28.06M	-486M
Tangible Book Value Per Share	-0.29	-0.27	-0.25	-0.06	-1
Total Debt	493M	417M	403M	336M	816M
Net Debt	399M	319M	285M	240M	712M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-20.78M	-221K	24.3M	19.7M	20.2M
Debt Equivalent Oper. Leases	622M	685M	748M	783M	1B
Account Code - Inventory Valuation	5	5	5	5	5
Land - (BS)	33.18M	32.16M	24.57M	24.21M	21.3M
Buildings, Total	95.52M	91.45M	54.94M	51.22M	51.34M
Machinery, Total	334M	349M	226M	239M	261M
Full Time Employees	14.95K	15.62K	16.48K	17.52K	19.03K
Accumulated Allowance for Doubtful Accounts (Supple)	18.37M	18.15M	15.35M	15.84M	17.67M
Order Backlog	7.14M	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	203M	261M	351M	369M	435M
Depreciation & Amortization - CF	36.65M	40.62M	40.6M	35.63M	33.25M
Amortization of Goodwill and Intangible Assets - (CF)	44.46M	47.71M	53.6M	55.7M	66.5M
Depreciation & Amortization, Total	81.11M	88.33M	94.2M	91.33M	99.75M
(Gain) Loss From Sale Of Asset	-	-	-35.68M	-8.17M	-22.08M
Provision for Credit Losses	-	2.84M	3.55M	5.74M	10.55M
Stock-Based Compensation (CF)	14.16M	20.85M	14.86M	21.22M	24.6M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	15.14M	14.7M	11.73M	13.7M	16.31M
Other Operating Activities, Total	41.1M	-100K	1.65M	1.6M	-7.64M
Change In Accounts Receivable	-20.15M	-12.04M	-22.44M	-34M	-45.87M
Change In Inventories	-2.15M	-10.71M	2.64M	-540K	-4.28M
Change In Accounts Payable	-9.92M	50.21M	1.42M	304K	43.41M
Change in Unearned Revenues	5.42M	7.28M	11.93M	10.4M	6.78M
Change in Other Net Operating Assets	-18.87M	13.61M	-32.77M	-4.24M	-28.11M
Cash from Operations	309M	436M	402M	466M	528M
Capital Expenditure	-27.15M	-23.23M	-27.19M	-30.63M	-32.46M
Sale of Property, Plant, and Equipment	1.76M	7.7M	74.44M	14.6M	12.49M
Cash Acquisitions	-431M	-148M	-146M	-119M	-367M
Divestitures	617K	495K	-	-	15.9M
Other Investing Activities, Total	222K	252K	-111K	1.08M	-1.97M
Cash from Investing	-455M	-162M	-98.96M	-134M	-373M
Long-Term Debt Issued, Total	440M	135M	206M	295M	1.07B
Total Debt Issued	440M	135M	206M	295M	1.07B
Long-Term Debt Repaid, Total	-148M	-224M	-254M	-395M	-632M
Total Debt Repaid	-148M	-224M	-254M	-395M	-632M
Repurchase of Common Stock	-10.01M	-8.28M	-10.69M	-7.06M	-315M
Common Dividends Paid	-137M	-117M	-169M	-212M	-264M
Common & Preferred Stock Dividends Paid	-137M	-117M	-169M	-212M	-264M
Special Dividend Paid	-16.37M	-43.77M	-39.74M	-	-
Other Financing Activities, Total	-	-24.01M	-22.81M	-17.33M	-8.06M
Cash from Financing	128M	-281M	-290M	-336M	-149M
Foreign Exchange Rate Adjustments	-2.94M	12.08M	-5.86M	-5.73M	2.43M
Net Change in Cash	-21.21M	4.2M	6.82M	-9.96M	8.48M
Supplemental Items
Cash Interest Paid	6.45M	5.06M	1.31M	4.16M	19.24M
Cash Income Tax Paid (Refund)	75.81M	81.18M	120M	120M	159M
Levered Free Cash Flow	250M	363M	353M	367M	491M
Unlevered Free Cash Flow	254M	366M	354M	369M	503M
Change In Net Working Capital	12.59M	-49.87M	2.98M	21.22M	-41.2M
Net Debt Issued / Repaid	292M	-88.5M	-48M	-100M	438M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	13.98	12.82	14.37	14.88	15.67
Return on Total Capital	19.63	17.25	19.34	19.78	20.68
Return On Equity %	26.62	29.69	34.66	31	35.91
Return on Common Equity	26.62	29.69	34.66	31	35.91
Margin Analysis
Gross Profit Margin %	50.7	51.48	52.04	51.47	52.17
SG&A Margin	30.93	30.36	30.01	29.78	29.68
EBITDA Margin %	19.77	21.12	22.03	21.69	22.49
EBITA Margin %	17.95	19.24	20.36	20.37	21.41
EBIT Margin %	15.75	17.03	18.15	18.3	19.25
Income From Continuing Operations Margin %	10.09	12.07	14.47	13.67	14.15
Net Income Margin %	10.09	12.07	14.47	13.67	14.15
Net Avail. For Common Margin %	10.09	12.07	14.47	13.67	14.15
Normalized Net Income Margin	9.63	10.5	11.43	11.57	11.78
Levered Free Cash Flow Margin	12.38	16.78	14.58	13.63	15.97
Unlevered Free Cash Flow Margin	12.6	16.93	14.6	13.69	16.36
Asset Turnover
Asset Turnover	1.42	1.2	1.27	1.3	1.3
Fixed Assets Turnover	7.56	5.49	7.11	7.54	7.69
Receivables Turnover (Average Receivables)	15.07	14.65	15.35	15.18	15.19
Inventory Turnover (Average Inventory)	56.35	41.68	38.9	44.6	46.57
Short Term Liquidity
Current Ratio	0.76	0.67	0.72	0.71	0.71
Quick Ratio	0.58	0.53	0.58	0.58	0.56
Operating Cash Flow to Current Liabilities	0.75	0.92	0.82	0.94	0.92
Days Sales Outstanding (Average Receivables)	24.22	24.99	23.77	24.04	24.03
Days Outstanding Inventory (Average Inventory)	6.48	8.78	9.38	8.18	7.84
Average Days Payable Outstanding	11.42	17.24	17.16	12.18	11.39
Cash Conversion Cycle (Average Days)	19.28	16.53	15.99	20.05	20.47
Long Term Solvency
Total Debt/Equity	60.47	44.31	37.22	26.54	70.64
Total Debt / Total Capital