Rollins Inc (ROL)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	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	833,109	806,897	752,264	719,124
ROE		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%	24.41%	46.59%	52.98%	55.59%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $434,957K ÷ $1,155,570K
= 37.64%

Rollins, Inc. has demonstrated relatively stable return on equity (ROE) performance over the past eight quarters. The ROE figures ranged between 28.89% and 37.64%, showing a consistent trend with minor fluctuations. This indicates that the company has been efficiently utilizing its equity to generate profits for shareholders. The upward trend in ROE from Q1 2022 to Q4 2023 suggests an improvement in the company's profitability and efficiency in utilizing shareholder funds. Overall, Rollins, Inc. shows strong performance in generating returns for its equity investors.

Peer comparison

Dec 31, 2023

Company name

Symbol

ROE

Rollins Inc

ROL

37.64%

ABM Industries Incorporated