Strong Revenue Growth
Rollins delivered total revenue growth of 9.9% year-over-year, with organic growth at 7.4% despite headwinds from foreign currency and one less business day.
Gross Margin Improvement
The company achieved its highest first-quarter gross margin in recent history at 51.4%, up 20 basis points from the previous year.
Acquisition of Saela Pest Control
Rollins announced the acquisition of Saela Pest Control, expected to add $45 million to $50 million in revenue for 2025 and be accretive to earnings in the first full year.
Increased Cash Flow
Rollins reported operating cash flow of $147 million and free cash flow of $140 million, up 15% and 17% respectively, compared to last year.
Commercial Segment Growth
The commercial pest control segment experienced a revenue increase of 10.2% with nearly 10% recurring organic growth.