Rollins Inc (ROL)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 466,379 | 469,507 | 460,371 | 441,117 | 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 |
| 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 |
| ROA | 16.54% | 16.67% | 16.64% | 16.59% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $466,379K ÷ $2,819,700K
= 16.54%
Rollins Inc has shown a consistently strong performance in terms of return on assets (ROA) over the reported periods from March 31, 2020, to December 31, 2024. The ROA has improved steadily from 11.42% in March 2020 to a peak of 18.58% in September 2021. Although there was a slight decline in ROA in the following quarters, the company maintained a robust level of return on assets above 15%.
The company's ability to generate a return on its assets indicates effective management of its assets to generate profits. A higher ROA suggests that Rollins Inc is efficiently converting its investments in assets into profits. The downward trend in ROA towards the end of the period may indicate some challenges or changes in the company's operations impacting its asset utilization.
Overall, Rollins Inc's performance in terms of return on assets demonstrates a strong financial position and efficient use of assets to generate profits, albeit with some fluctuations in recent periods. Further analysis and comparison with industry peers may provide additional insights into the company's competitive position and operational efficiency.
Peer comparison
Dec 31, 2024