Rollins Inc (ROL)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 466,379 | 434,957 | 368,599 | 356,565 | 266,756 |
Total stockholders’ equity | US$ in thousands | 1,330,590 | 1,155,570 | 1,267,200 | 1,111,220 | 964,651 |
ROE | 35.05% | 37.64% | 29.09% | 32.09% | 27.65% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $466,379K ÷ $1,330,590K
= 35.05%
Rollins Inc's return on equity (ROE) has shown a positive trend over the past few years. Starting at 27.65% on December 31, 2020, the ROE increased steadily to 32.09% by December 31, 2021. In the following years, the trend continued with ROE reaching 29.09% by December 31, 2022, 37.64% by December 31, 2023, and 35.05% by December 31, 2024.
This indicates that Rollins Inc has been effectively utilizing its equity to generate profits for its shareholders. The increasing trend in ROE reflects the company's ability to efficiently generate earnings from its shareholder investments. It also suggests that the company's management is effectively deploying the shareholders' equity capital to drive profitability.
The consistently high ROE numbers also indicate that Rollins Inc is making efficient use of its equity base to generate returns, which can be seen as a positive signal by investors and stakeholders. Overall, the trend in ROE for Rollins Inc demonstrates a strong performance in terms of profitability and efficient capital management.
Peer comparison
Dec 31, 2024