Rollins Inc (ROL)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 434,957 | 368,599 | 356,565 | 266,756 | 203,347 |
| Revenue | US$ in thousands | 3,069,670 | 2,693,180 | 2,423,470 | 2,161,220 | 2,015,480 |
| Net profit margin | 14.17% | 13.69% | 14.71% | 12.34% | 10.09% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $434,957K ÷ $3,069,670K
= 14.17%
The net profit margin of Rollins, Inc. has shown a consistent upward trend over the past five years. In 2019, the net profit margin was 10.09%, which increased to 12.07% in 2020. Subsequently, there was a further increase to 14.47% in 2021, followed by a slight decrease to 13.67% in 2022. The most recent data for December 31, 2023, indicates a net profit margin of 14.15%.
Overall, the company has been able to effectively manage its expenses in relation to its revenue, resulting in an improving net profit margin over the years. This indicates that Rollins, Inc. has been making efficient use of its resources to generate profits. The upward trend in net profit margin suggests a positive trajectory for the company and may indicate a strong financial performance and operational efficiency.
Peer comparison
Dec 31, 2023