Rollins Inc (ROL)

Pretax margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	586,292	562,177	536,643	521,340	498,952	477,999	458,509	456,728	482,479	475,738	457,587	427,168	362,716	339,831	277,068	260,507	261,160	433,044	476,795	480,013
Revenue (ttm)	US$ in thousands	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	2,015,477	1,954,115	1,885,388	1,841,892
Pretax margin		19.10%	18.93%	18.74%	18.88%	18.53%	18.39%	18.19%	18.67%	20.18%	20.15%	19.95%	19.34%	16.78%	15.95%	13.17%	12.56%	12.96%	22.16%	25.29%	26.06%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $586,292K ÷ $3,069,673K
= 19.10%

Rollins, Inc. has maintained a relatively stable pretax margin over the past eight quarters. The pretax margin fluctuated between 17.51% and 19.08% during this period. Despite slight variations from quarter to quarter, the company generally demonstrated strong profitability before tax expenses. The upward trend in the pretax margin from Q4 2022 to Q4 2023 suggests improved efficiency in generating operating income relative to total revenue. Overall, Rollins, Inc. has shown consistent performance in managing its pre-tax profitability over the last two years.

Peer comparison

Dec 31, 2023

Company name

Symbol

Pretax margin

Rollins Inc

ROL

19.10%

ABM Industries Incorporated