Dollar Amounts
USD (Millions)
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Assets | $1,846 | $1,981 | $2,122 | $2,595 | $2,820 |
| Liabilities | $905 | $899 | $855 | $1,440 | $1,489 |
| Equity | $941 | $1,082 | $1,267 | $1,156 | $1,331 |
Balance sheet data in USD (millions)
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Edwyn
Over the past five years, Rollins, Inc. has shown significant growth in its financial position. Total assets have been steadily increasing from $1,845.9 million in 2020 to $2,819.695 million in 2024. This upward trend indicates the company's ability to expand its asset base, potentially through acquisitions or organic growth initiatives. Meanwhile, total liabilities have also increased, but at a slower pace compared to assets, suggesting that the company has been managing its debt levels effectively. Stockholders' equity has experienced notable fluctuations, with a dip in 2023 followed by a rebound in 2024. This could be attributed to various factors such as changes in profitability, dividend payments, or share buybacks. The spike in equity in 2024 could indicate a strong financial performance or successful capital-raising efforts by Rollins, Inc. Additionally, the increase in liabilities in 2023 might have been driven by strategic investments or financing activities. It would be beneficial to further analyze the company's financial statements and performance metrics to understand the specific drivers behind these fluctuations. In the context of the industry, the growth in assets and equity suggests that Rollins, Inc. is expanding and strengthening its market position. However, close monitoring of the debt levels relative to equity is advisable to ensure sustainable financial health and mitigate risks associated with leverage.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.