Rollins Inc (ROL)

Debt-to-capital ratio

		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
Long-term debt	US$ in thousands	395,310	445,176	502,043	510,909	490,776	596,642	337,509	62,432	39,898	109,878	219,858	280,783	136,250	49,250	69,250	96,250	185,812	154,375	242,500	307,300
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
Debt-to-capital ratio		0.23	0.25	0.29	0.30	0.30	0.35	0.20	0.05	0.03	0.08	0.16	0.20	0.11	0.04	0.06	0.09	0.16	0.14	0.22	0.28

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $395,310K ÷ ($395,310K + $1,330,590K)
= 0.23

Rollins Inc's debt-to-capital ratio has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio decreased from 0.28 on March 31, 2020, to as low as 0.03 on December 31, 2022, before gradually increasing again. The ratio peaked at 0.35 on September 30, 2023, but has since stabilized around the range of 0.20 to 0.25. Overall, the trend indicates a mix of conservative and moderately leveraged capital structures, with a recent slight downward trend by December 31, 2024.

Peer comparison

Dec 31, 2024

Company name

Symbol

Debt-to-capital ratio

Rollins Inc

ROL

0.23

ABM Industries Incorporated