Rollins Inc (ROL)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 657,224 | 645,670 | 630,998 | 603,410 | 583,226 | 564,070 | 532,350 | 512,238 | 493,388 | 472,508 | 453,951 | 452,828 | 447,636 | 1,033,741 | 879,106 | 700,753 | 485,811 | 295,264 | 276,464 | 268,115 |
| 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 |
| Operating ROA | 23.31% | 22.93% | 22.81% | 22.70% | 22.47% | 21.37% | 20.48% | 23.95% | 23.25% | 22.37% | 20.94% | 21.25% | 22.14% | 54.27% | 45.75% | 37.34% | 26.32% | 16.35% | 15.05% | 15.14% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $657,224K ÷ $2,819,700K
= 23.31%
Operating ROA for Rollins Inc has shown a generally increasing trend over the period from March 31, 2020, to December 31, 2024. The ratio started at 15.14% in March 2020 and steadily increased, reaching a peak of 54.27% in September 2021. This rapid increase in operating ROA suggests an improvement in the company's efficiency in generating operating income from its assets during this period.
However, there was a significant decline in operating ROA in the subsequent quarters, dropping to 20.48% by June 30, 2023. This decline may indicate a decrease in operational efficiency or profitability relative to the level seen in previous quarters.
From June 30, 2023, onwards, the operating ROA for Rollins Inc stabilized between 20% and 23%, indicating a more consistent performance in terms of generating operating income from assets. Overall, the operating ROA trend suggests that the company has experienced fluctuations in operational efficiency but has managed to maintain a reasonable level of profitability relative to its asset base in recent quarters.
Peer comparison
Dec 31, 2024