Rollins Inc (ROL)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,388,710 | 3,069,670 | 2,693,180 | 2,423,470 | 2,161,220 |
| Total assets | US$ in thousands | 2,819,700 | 2,595,460 | 2,122,030 | 2,021,540 | 1,845,900 |
| Total asset turnover | 1.20 | 1.18 | 1.27 | 1.20 | 1.17 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,388,710K ÷ $2,819,700K
= 1.20
Rollins Inc's total asset turnover has shown fluctuations over the past five years. The ratio increased from 1.17 in 2020 to 1.20 in 2021, indicating that the company generated $1.20 in revenues for every dollar of assets in 2021. Subsequently, there was a further increase to 1.27 in 2022, suggesting more efficient utilization of assets to generate revenue. However, in 2023, the total asset turnover decreased to 1.18, potentially indicating a less effective management of assets to generate sales. The ratio then rebounded to 1.20 in 2024. Overall, the trend in total asset turnover suggests some variability in how efficiently Rollins Inc is using its assets to generate sales over the years analyzed.
Peer comparison
Dec 31, 2024