Rollins Reports Q2 Revenues Up 12% YOY

ATLANTA - Rollins reported second quarter revenues were $1 billion, an increase of 12.1% over the second quarter of 2024 with organic revenues* increasing 7.3%.

Also in the second quarter, the company had an operating income of $198 million, an increase of 8.7% over the second quarter of 2024. Quarterly operating margin was 19.8%, a decrease of 60 basis points versus the second quarter of 2024. Adjusted operating income* was $206 million, an increase of 10.3% over the prior year. Adjusted operating margin* was 20.6%, a decrease of 30 basis points compared to the prior year.

"Our results for the second quarter reflect strong execution by our teammates throughout our business," said Jerry Gahlhoff, Jr., President and CEO. "The demand environment is healthy, and we saw double-digit revenue growth across all major service lines. As we start the second half of the year, we are focused on driving growth while also improving profitability. We remain well-positioned to deliver strong results in 2025 and beyond."

"In addition to double-digit revenue and adjusted earnings growth, cash flow compounded at a healthy rate," said Kenneth Krause, Executive Vice President and CFO. "While EBITDA margins were pressured from developments on legacy auto claims by 70 basis points in the quarter, our underlying operations yielded healthy margin performance. Additionally, we continue to execute a balanced capital allocation program enabled by compounding cash flow, a strong balance sheet, and access to investment grade credit markets."

*Amounts are non-GAAP financial measures. See the schedules below for a discussion of non-GAAP financial metrics including a reconciliation of the most directly comparable GAAP measure. - Source: PR Newswire