Rollins Inc (ROL)

Pretax margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before tax but after interest (EBT)	US$ in thousands	586,257	498,917	482,485	362,716	261,160
Revenue	US$ in thousands	3,069,670	2,693,180	2,423,470	2,161,220	2,015,480
Pretax margin		19.10%	18.53%	19.91%	16.78%	12.96%

December 31, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $586,257K ÷ $3,069,670K
= 19.10%

The pretax margin for Rollins, Inc. has shown a general upward trend over the past five years, indicating an improvement in the company's profitability before taxes. The pretax margin increased from 12.96% in 2019 to 19.08% in 2023. This suggests that the company has been effectively managing its costs and expenses relative to its revenue, resulting in a higher proportion of income before taxes. The consistent improvement in pretax margin reflects positively on Rollins, Inc.'s operational efficiency and financial health.

Peer comparison

Dec 31, 2023

Company name

Symbol

Pretax margin

Rollins Inc

ROL

19.10%

ABM Industries Incorporated