Rollins (ROL) FY2020 results: revenue $2.2 billion, up 7.2% on the year
Rollins Inc. (ROL) reported revenue of $2.2 billion for fiscal 2020, the year ended 31 December 2020, up 7.2% on the year before. Net income was $267 million, up 31.2%, and diluted earnings per share $0.54. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2021.
Revenue
$2.2 billion
+7.2% on the year
FY2016FY2020
Operating margin
17.4%
15.7% a year earlier
FY2016FY2020
Net income
$267 million
+31.2% on the year
FY2016FY2020
Diluted EPS
$0.54
+30.7% on the year
FY2016FY2020
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Revenue
2,161
2,015
1,822
+7.2%
Cost of revenue
1,049
994
894
+5.5%
Gross profit
1,113
1,022
927
+8.9%
Gross margin
51.5%
50.7%
50.9%
Selling, general and administrative
656
623
551
+5.3%
Operating income
376
317
n/a
+18.5%
Operating margin
17.4%
15.7%
n/a
Pre-tax income
363
261
311
+38.9%
Income tax
96.0
57.8
79.1
+66.0%
Effective tax rate
26.5%
22.1%
25.4%
Net income
267
203
232
+31.2%
Net margin
12.3%
10.1%
12.7%
Diluted EPS
$0.54
$0.41
$0.47
+30.7%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Operating cash flow
436
320
299
+36.4%
Capital expenditure
23.2
27.1
27.2
-14.4%
Free cash flow
413
292
272
+41.1%
Free cash flow margin
19.1%
14.5%
14.9%
Cash from investing
-162
-455
-101
Cash from financing
-281
112
-175
Depreciation and amortisation
88.3
81.1
66.8
+8.9%
Share-based compensation
20.9
14.2
13.7
+47.3%
Buybacks
8.3
10.0
9.5
-17.3%
Dividends paid
160
154
153
+4.3%
Dividend per share
$0.33
$0.31
$0.31
+5.3%
Diluted shares, weighted
492m
491m
491m
+0.1%
Shares outstanding at period end
492m
491m
491m
+0.1%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
965
833
712
+15.8%
Debt
203
292
0.0
-30.4%
Operating lease liabilities
141
n/a
n/a
Other liabilities
537
620
382
-13.3%
Total liabilities and equity
1,846
1,744
1,094
+5.8%
Fixed assets
178
196
137
-8.9%
Goodwill
718
573
368
+25.3%
Intangible assets
n/a
n/a
214
Cash and equivalents
98.5
94.3
115
+4.5%
Receivables
126
123
104
+2.9%
Inventory
30.8
19.5
15.8
+58.4%
Other assets
694
739
139
-6.1%
Total assets
1,846
1,744
1,094
+5.8%
10-K for the year ended 31 December 2020, filed 26 February 2021: the filing.