Rollins, Inc. – ROL – Stock Price Today – Zacks

Posted: January 2, 2020 at 12:44 pm

Headquartered in Atlanta, GA, Rollins provides pest and termite control services to residential and commercial customers.

The company offers protection against termite damage, insects and rodents to homes and businesses, including food manufacturers, food service establishments, hotels, transportation companies and retailers.

Rollins also offers pest management and sanitation products and services to food and commodity industries; consulting services on border protection related to Australia's biosecurity program; and bird control and specialist services.

It offers specialized services to mining, and oil and gas sectors. The companys offerings also include mosquito control, wildlife, lawn care insurance and HVAC services.

Rollins operates through wholly-owned subsidiaries in North America, Australia and Europe. The company has international franchises in Central America, the Caribbean, the Middle East, the Mediterranean, Europe, Asia, Africa, Australia, Canada and Mexico.

Rollins, which has been in operation since 1948, has three lines of businesses commercial pest control, residential pest control and termite and ancillary. The company has one of the largest residential customer base, which provides significant cross-sell opportunity.

As a result of increase in pest presence and activity as well as metamorphosis of termites in spring and summer, revenues remain considerably higher in the second and the third quarter compared with the first and the fourth quarter.

The company has a single reportable segment the pest and termite control. It generated $1.8 billion in revenues in 2018 compared with $1.7 billion generated in 2017 and $1.6 billion in 2016. Rollins continues to seek international opportunities through acquisitions.

Acquisition is a key growth strategy for Rollins which allows it to operate in around 57 countries. It acquired 38 companies in 2018 and 23 in 2017.As of Jan 31, 2019, the number of persons employed by the company was approximately 14,000.

The company maintains close relationship with a number of universities for research and validation of treatment procedures and material selection.

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Rollins, Inc. - ROL - Stock Price Today - Zacks

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