About Rollins

Rollins, Inc. (Rollins) operates as an international services company. The company, through its family of leading brands, provides essential pest and wildlife control services and protection against termite damage, rodents and insects to more than two million residential and commercial customers from more than 800 company-owned and franchised locations in approximately 70 countries. The company operates under one reportable segment, which contains its three service offerings: Residential: Pest control services protecting residential properties from common pests, including rodents, insects and wildlife; Commercial: Workplace pest control solutions for customers across diverse end markets such as healthcare, food service, logistics; and Termite: Termite protection services and ancillary services for both residential and commercial customers. International Business The company continues to expand its international presence through organic growth, acquisitions, and the company’s international franchise programs. In 2023, the company saw revenue growth in the company-owned operations in Canada, Australia, and the United Kingdom. Franchising Programs The company has franchise programs through Orkin, Critter Control, Missquito, and the company’s Australian subsidiaries. The company had a total of 138 domestic franchise agreements as of December 31, 2023. International franchise agreements totaled 86 as of December 31, 2023. Seasonality The company’s business is affected by weather conditions, including climate change and the seasonal nature of the company’s pest and termite control services. The increase in pest presence and activity, as well as the metamorphosis of termites in the spring and summer (the occurrence of which is determined by the timing of the change in seasons), has historically resulted in an increase in the revenue of the company’s pest and termite control operations during such periods. The company’s quarterly profitability correlates with its revenue due to seasonality, as profit is lower in the first and fourth quarters and higher in the second and third quarters. Competition The company’s major competitors include Rentokil, Ecolab, and Anticimex. Regulatory Considerations The company’s business is subject to various local and national legislative and regulatory enactments, including but not limited to, environmental laws, antitrust laws, employment and benefit laws (including wage and hour laws, payroll taxes, anti-discrimination laws, pension laws and regulations, and ERISA), immigration laws, motor vehicle laws and regulations, human health and safety laws, securities laws including, but not limited to, SEC regulations, and federal, state and local laws and regulations governing worker safety and the pest and termite control industry. The company is subject to international, federal, state, provincial and local laws and regulations designed to protect consumers generally, including laws governing lending, debt collection and consumer finance; consumer privacy and fraud; collection and use of consumer data; telemarketing; and other forms of solicitation. Specifically, rules adopted by the Federal Communications Commission and Federal Trade Commission, including the Telephone Consumer Protection Act and the Telemarketing Sales Rule, along with state laws and other legal authorities, govern the company’s telephone and texting sales practices. The CAN-SPAM Act regulates the company’s email solicitations, and the Consumer Review Fairness Act regulates consumer opinions on social media regarding the company’s products and services. The California Consumer Privacy Act, including amendments under the California Privacy Rights Act, and laws in other states provide consumers and sometimes employees the right to know what personal data businesses collect, how the data is used, and give them the right to access, delete and opt out of the sale of their personal information to third parties. The company is subject to some of these states’ laws depending on the number of customers or amount of revenue in the specific state. Similarly, the company is bound by foreign laws and regulations governing data protection in the United Kingdom (UK General Data Protection Regulation and Data Protection Act 2018; Canada (Personal Information Protection and Electronic Documents Act); Australia (Privacy Act and its Australian Privacy Principles); and Singapore (Personal Data Protection Act and Spam Control Act), when applicable. Certain of the company’s subsidiaries are subject to various international, federal, state, provincial and local laws and regulations governing franchise sales, marketing and licensing and franchise trade practices generally, including applicable rules and regulations of the Federal Trade Commission. These laws and regulations generally require disclosure of business information in connection with the sale and licensing of the company’s franchises. The company is subject to a myriad of complex laws and regulations in the various federal, state, provincial, regional, and local governments in the countries in which the company operate related to employees, including but not limited to wage and hour laws, anti-discrimination laws, immigration, pension benefit plans, ERISA laws, and retirement benefits. Intellectual Property The company’s global portfolio of more than 450 trademarks is a valuable asset and is important to the company’s operations. History Rollins, Inc. was founded in 1901. The company was incorporated in 1948 under the laws of the state of Delaware.

Country
Industry:
Services to dwellings and other buildings
Founded:
1901
IPO Date:
01/02/1968
ISIN Number:
I_US7757111049
Address:
2170 Piedmont Road, NE, Atlanta, Georgia, 30324, United States
Phone Number
404 888 2000

Key Executives

CEO:
Gahlhoff, Jerry
CFO
Krause, Kenneth
COO:
Data Unavailable