Rollins Inc (ROL)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,330,590 | 1,317,780 | 1,236,060 | 1,167,500 | 1,155,570 | 1,102,840 | 1,342,220 | 1,287,750 | 1,267,200 | 1,229,680 | 1,177,380 | 1,138,020 | 1,111,220 | 1,101,630 | 1,050,680 | 988,935 | 964,651 | 932,716 | 862,830 | 800,371 |
| ROE | 35.05% | 35.63% | 37.25% | 37.78% | 37.64% | 37.22% | 29.17% | 29.75% | 29.09% | 28.91% | 28.92% | 29.67% | 32.09% | 32.13% | 32.32% | 31.97% | 27.65% | 26.69% | 24.74% | 25.29% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $466,379K ÷ $1,330,590K
= 35.05%
Rollins Inc has shown fluctuating Return on Equity (ROE) figures over the past few years. The ROE has generally been on an upward trend, starting at 25.29% as of March 31, 2020, and peaking at 37.78% as of March 31, 2024. This indicates that the company has been effectively utilizing its equity to generate profits for its shareholders.
However, there have been periods of slight decreases in ROE, such as the drops seen in June and September 2022. Despite these fluctuations, the ROE has generally remained at a healthy level above 25% throughout the period analyzed.
The significant increase in ROE observed in the most recent periods ending September 30, 2023, and December 31, 2023, reaching 37.22% and 37.64% respectively, suggests that the company has made strategic decisions that have positively impacted its profitability and efficiency in generating returns for shareholders.
Overall, Rollins Inc has demonstrated a strong ROE performance, indicating that it has been successful in maximizing shareholder value through efficient use of its equity. It will be important to monitor future ROE figures to assess the company's continued financial performance and profitability.
Peer comparison
Dec 31, 2024