Rollins Inc (NYSE:ROL)
$ 49.04 0.42 (0.86%) Market Cap: 23.75 Bil Enterprise Value: 24.29 Bil PE Ratio: 51.08 PB Ratio: 18.03 GF Score: 98/100

Rollins Inc at Morgan Stanley Laguna Conference Transcript

Sep 12, 2023 / 03:45PM GMT
Release Date Price: $36.03 (-0.25%)
Unidentified Analyst

All right. Thank you, everyone, for being here, and thank you, Ken Krause, CFO of Rollins. It's a tremendous honor to have him here. Rollins is a tremendous company. And you may have seen in the news last week, they did a $1.5 billion equity offering. We were delighted to be an active booker around that.

And for those who don't know, and I'll let Ken explain more, but Rollins is the #1 player of essential consumer pest services serving residential and commercial customers. The company has a 55-year track record and which has delivered really highly consistent results, demonstrated by 20 years of consecutive growth and 20% TSR over that same time period. And today, the company is about $18 billion of market cap and about $3 million of revenue.

Questions & Answers

Unidentified Analyst

And with that, Ken, what makes this business so consistent, so resilient over time?

Kenneth D. Krause
Rollins, Inc. - Executive VP, CFO & Treasurer

That's a great question, Derek, good morning and great to

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