Rollins Inc (ROL)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,819,700 | 2,595,460 | 2,122,030 | 2,021,540 | 1,845,900 |
| Total stockholders’ equity | US$ in thousands | 1,330,590 | 1,155,570 | 1,267,200 | 1,111,220 | 964,651 |
| Financial leverage ratio | 2.12 | 2.25 | 1.67 | 1.82 | 1.91 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,819,700K ÷ $1,330,590K
= 2.12
The financial leverage ratio of Rollins Inc has shown a slight decrease over the last few years, from 1.91 as of December 31, 2020, to 1.82 in 2021, and further to 1.67 in 2022. However, there was a notable increase in 2023 to 2.25, followed by a slight decrease to 2.12 by the end of 2024. This indicates that the company's reliance on debt financing relative to equity has fluctuated during this period. It would be important to further investigate the reasons behind these fluctuations and assess the company's overall financial health and risk management strategies.
Peer comparison
Dec 31, 2024