Rollins (ROL) FY2025 results: revenue $3.8 billion, up 11.0% on the year

Rollins provides pest and wildlife control services and protection against termite damage, rodents and insects to more than two million residential and commercial customers, working from more than 800 company-owned and franchised locations in approximately 70 countries. It is headquartered in Atlanta, Georgia. The business runs as one reportable segment holding three service offerings: residential pest control, commercial pest control for customers in end markets such as healthcare, food service and logistics, and termite and ancillary services for both. Because most of the work is contracted and recurring, the company says it has visibility over a substantial part of future income.

How the work is sold

Pest control means assessing a property for the conditions that attract pests, dealing with the current infestation and breaking the life cycle to stop the next one. Termite protection uses liquid treatments, wet and dry foam applications, termite baiting and wood treatments. Recurring work, which is ongoing prevention under a scheduled service agreement and often runs for several years, was approximately 75% of the business at 31 December 2025. Ancillary services were approximately 10%, covering pest, rodent and wildlife exclusion, crawlspace encapsulation and moisture remediation, and insulation. One-time work, single treatments for bed bugs, wildlife removal, termite treatments and infestations, was approximately 15%.

The brands

The company began when brothers O. Wayne and John Rollins acquired Orkin Exterminating Company in 1964; it took the Rollins name in 1965, changing it from Rollins Broadcasting, and listed on the New York Stock Exchange in 1968. Its brands now include Orkin, Orkin Canada, Orkin Australia, Clark Pest Control, Crane Pest Control, Critter Control, Fox Pest Control, HomeTeam Pest Defense, Industrial Fumigant Company, McCall Service, MissQuito, Northwest Exterminating, OPC Pest Services, PermaTreat, Safeguard, Saela Pest Control, Trutech, Waltham Services, Western Pest Services and Aardwolf Pestkare.

Franchises and acquisitions

Franchise programmes run through Orkin, Critter Control, MissQuito and the Australian subsidiaries. There were 131 domestic franchise agreements and 66 international ones at 31 December 2025. Franchise transactions involve selling territories and customer contracts to set up a new franchise, with initial franchise fees and royalties paid by the franchisee, usually part in cash and part in notes. The company has completed 94 acquisitions over the last three years, 26 of them in 2025, targeting profitable businesses with established leadership, brand awareness and customer loyalty in their markets. It also grows abroad organically and through international franchising, and in 2025 its company-owned operations in Canada, Australia, the United Kingdom and Singapore all grew.

The seasons

Weather drives the year. Pest presence and activity rise and termites metamorphose in spring and summer, which historically lifts pest and termite control income in those periods. Quarterly profitability tracks the same pattern, lower in the first and fourth quarters and higher in the second and third.

People

There were 21,946 employees at 31 December 2025, against 20,265 a year earlier and 19,031 the year before that. Approximately 19,700 were located in the United States, of whom approximately 17,560 worked at branch offices, and fewer than 2% of United States employees are represented by a labour union or covered by a collective bargaining agreement. The company describes its culture in a phrase it calls The Rollins Way, built on three couplets: Heroic Impact, Essential Together and Be Remarkable.

From Rollins' annual report on Form 10-K for the year ended 31 December 2025. The filing

Written from the 10-K filed 12 February 2026: read the full 10-K.