Rollins Inc (ROL)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,380,983 | 3,310,092 | 3,228,702 | 3,152,747 | 3,069,673 | 2,969,441 | 2,863,419 | 2,760,623 | 2,693,185 | 2,599,388 | 2,520,954 | 2,445,989 | 2,391,431 | 2,360,474 | 2,293,748 | 2,208,873 | 2,161,220 | 2,130,913 | 2,103,681 | 2,074,309 |
| Total assets | US$ in thousands | 2,819,700 | 2,816,200 | 2,766,500 | 2,658,620 | 2,595,460 | 2,639,960 | 2,599,330 | 2,138,890 | 2,122,030 | 2,112,480 | 2,167,480 | 2,131,140 | 2,021,540 | 1,904,810 | 1,921,690 | 1,876,880 | 1,845,900 | 1,806,070 | 1,836,380 | 1,771,480 |
| Total asset turnover | 1.20 | 1.18 | 1.17 | 1.19 | 1.18 | 1.12 | 1.10 | 1.29 | 1.27 | 1.23 | 1.16 | 1.15 | 1.18 | 1.24 | 1.19 | 1.18 | 1.17 | 1.18 | 1.15 | 1.17 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,380,983K ÷ $2,819,700K
= 1.20
Total asset turnover is a financial ratio that indicates how efficiently a company is utilizing its assets to generate revenue. Rollins Inc's total asset turnover has fluctuated over the periods analyzed, ranging from a low of 1.10 to a high of 1.29. The average total asset turnover for the periods provided is approximately 1.18.
A total asset turnover of 1.18 means that, on average, Rollins Inc generates $1.18 in revenue for every $1 of assets it holds. This suggests that the company is efficiently utilizing its assets to generate revenue. However, the fluctuations in the ratio over the periods may indicate variability in the company's asset management efficiency and revenue generation.
It is important for Rollins Inc to closely monitor its total asset turnover ratio to ensure that its asset utilization remains optimal and consistent over time. Additionally, comparative analysis with industry peers can provide insights into the company's competitiveness and operational efficiency.
Peer comparison
Dec 31, 2024