Rollins Inc (ROL)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 434,957 | 410,424 | 391,590 | 383,067 | 368,599 | 355,544 | 340,454 | 337,688 | 356,565 | 353,901 | 339,627 | 316,131 | 266,756 | 248,970 | 213,452 | 202,389 | 203,347 | 375,971 | 398,538 | 399,785 |
| Total assets | US$ in thousands | 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 | 1,744,380 | 1,764,790 | 1,729,780 | 1,272,070 |
| ROA | 16.76% | 15.55% | 15.07% | 17.91% | 17.37% | 16.83% | 15.71% | 15.85% | 17.64% | 18.58% | 17.67% | 16.84% | 14.45% | 13.79% | 11.62% | 11.42% | 11.66% | 21.30% | 23.04% | 31.43% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $434,957K ÷ $2,595,460K
= 16.76%
To analyze Rollins, Inc.'s return on assets (ROA) based on the provided data, we observe a consistent trend of ROA over multiple quarters. The ROA figures range from 15.17% to 17.97% in the past eight quarters.
The average ROA for the period is 16.16%, indicating that on average, the company generates a return of 16.16 cents for every dollar of assets held. This suggests efficient utilization of assets to generate profits.
The variations in ROA over the quarters could indicate fluctuations in the company's profitability and asset utilization efficiency. It is worth noting that the ROA peaked at 17.97% in Q1 2023, possibly reflecting improved asset management or higher profitability during that period.
Overall, the consistent ROA figures around the average of 16.16% suggest that Rollins, Inc. is effectively using its assets to generate profits, indicating a relatively stable performance in terms of asset efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2023