Rollins Inc.

ROLActive

CIK 84839 · Business Services & Route-Based

Rollins Inc. is a public company in Personal Products & Services, tracked in the business services and route-based compounders sub-sector, with $3.8B TTM revenue and $859M TTM EBITDA.

Market data as of May 10, 2026

Financials: LTM / latest available company filings

Sources: FMP, ROL filings, SEC EDGAR

$25,917

Market cap ($MM)

$26,868

Enterprise value ($MM)

$3,845

Revenue · LTM ($MM)

$859

EBITDA · LTM ($MM)

22%

EBITDA margin

7.0x

EV / revenue

31.3x

EV / EBITDA

0.6x

Net debt / EBITDA

Coverage

Coverage view

The analytical read on the name and the balance-sheet capacity behind the program.

Key points

01ROL is a scaled public consolidator in Route-Based, a benchmark for how the sub-sector buys, pays, and trades.
02The relevant peer set is CTAS, ARMK, BRO, ABM, WSC, SCI.

Balance sheet & capacity

Indicative capacity read: 0.6x net debt / EBITDA with EBITDA of $859MM.

$117

Cash & equiv. ($MM)

$651

Total debt ($MM)

$534

Net debt ($MM)

0.6x

Net debt / EBITDA

Valuation

Where it trades against its peer set

ROL versus the scaled public Business Services & Route-Based comparables.

EV / EBITDA distribution · peer set

ROL 31.3x

Indexed share-price performance

ROL versus available Business Services & Route-Based peers and SPY.

+56%

ROL

+42%

Peer med.

+79%

SPY

Indexed to 100 from May 28, 2021 through May 26, 2026. Source: FMP month-end close history.

Company	Ticker	Revenue ($MM)	EBITDA ($MM)	Margin	Market cap ($MM)	EV ($MM)	EV / rev	EV / EBITDA	Net debt / EBITDA
Rollins Inc.	ROL	$3,845	$859	22%	$25,917	$26,868	7.0x	31.3x	0.6x
Cintas Corporation	CTAS	$11,027	$2,910	26%	$66,803	$69,538	6.3x	23.9x	0.8x
Aramark	ARMK	$18,786	$1,269	7%	$11,849	$18,244	1.0x	14.4x	4.4x
Brown & Brown, Inc.	BRO	$6,425	$2,167	34%	$19,134	$26,191	4.1x	12.1x	3.1x
ABM Industries Incorporated	ABM	$8,875	$422	5%	$2,353	$3,991	0.4x	9.5x	3.6x
Willscot Holdings Corporation	WSC	$2,271	$490	22%	$5,086	$8,886	3.9x	18.1x	7.1x
Service Corporation International	SCI	$4,332	$1,244	29%	$10,737	$15,642	3.6x	12.6x	3.9x
Brink’s Co.	BCO	$5,390	$878	16%	$4,415	$6,786	1.3x	7.7x	3.0x
Business Services & Route-Based median		$5,907	$1,061	22%	$11,293	$16,943	3.8x	13.5x	3.4x

Financials via Financial Modeling Prep (SEC-derived TTM). EV/EBITDA distribution: each dot a live peer, band = interquartile range, line = median. Impossible values (EBITDA > revenue, negative-EBITDA multiples) shown NM.

M&A program

A sustained, programmatic tuck-in cadence

ROL's disclosed acquisition footprint and the deals behind it.

Disclosed acquisitions

325

Active years

Named deals

Avg / active year

16.3

Acq. cash outflow ($MM)

N/A

Banker read

01ROL reads as a programmatic acquirer: 325 disclosed acquisitions across 20 active years, or 16.3 per active year. The chart shows activity in 10 of the last 12 visible years.
02In the last three years, the file shows 94 acquisitions versus 101 in the prior three; recent activity is broadly steady versus the prior three-year period.
03Spend changes the read: $2.3B of disclosed spend is concentrated in lumpy years, with FY19 the largest year at $431MM. Recent spend is above the prior three-year period.

Annual acquisitions + disclosed spend

count spend named deal

ROL count bars show acquisition cadence; the spend line shows when the program required larger capital deployment.

Program diagnostics

Recent / prior

94 / 101

Last three years is broadly steady vs prior three.

Peak count year

FY24

44 disclosed acquisitions in the peak visible year.

Recent spend

$834MM

is up 102% vs prior three; peak FY19 at $431MM.

Named evidence

8 rows

2.5% selected source-cited transaction coverage.

Selected transactions

Date	Target	Segment	Consideration ($MM)	Strategic rationale	Source
Apr 30, 2019	Clark Pest Control	Business services and route-based compounders	$443	The Company completed the acquisition of Clark Pest Control on April 30, 2019. Clark Pest Control is a leading pest management company in California and was the nation’s 8th lar...	10-K^†
Apr 30, 2019	Clark Pest Control	Business services and route-based compounders	$422	The Company completed the acquisition of Clark Pest Control on April 30, 2019. Clark Pest Control is a leading pest management company in California and was the nation’s 8th lar...	10-K^†
Apr 1, 2025	Saela Holdings, LLC	Business services and route-based compounders	$207	On April 1, 2025, the Company acquired 100% of Saela Holdings, LLC ("Saela") for $207.2 million. The Company funded this acquisition using cash on hand and borrowings under the...	10-K^†
Apr 3, 2008	HomeTeam Pest Defense	Business services and route-based compounders	$138	The Company entered into a definitive Asset Purchase Agreement dated as of March 28, 2008 to acquire, through the purchase of assets, the business of HomeTeam Pest Defense, whic...	10-K^†
Apr 3, 2008	Centex Home Services, LLC; HomeTeam Pest Defense, Inc.; HomeTeam Pest Defense, LLC	Business services and route-based compounders	$134	On April 3, 2008, the Company completed the acquisition of substantially all of the assets of Centex Home Services, LLC, a Nevada limited liability company, HomeTeam Pest Defens...	10-K^†
Apr 3, 2008	HomeTeam Pest Defense, Inc.	Business services and route-based compounders	$134	On April 3, 2008, the Company, completed the acquisition of substantially all of the assets of Centex Home Services, LLC, a Nevada limited liability company, HomeTeam Pest Defen...	10-K^†
Apr 1, 2008	HomeTeam Pest Defense, Inc.	Business services and route-based compounders	$134	In April 2008, the Company completed the acquisition of substantially all of the assets of Centex Home Services, LLC, a Nevada limited liability company, HomeTeam Pest Defense,...	10-K^†
Oct 1, 2005	Industrial Fumigant Company	Business services and route-based compounders	$24	On October 1, 2005, the Company acquired substantially all of the assets and assumed certain liabilities of the Industrial Fumigant Company ("IFC") for $23.5 million in cash. Th...	10-K^†

Acquisitions disclosed/extracted from SEC filings; not necessarily full M&A history. Disclosed acquisition cash outflow is cumulative "payments for acquisitions, net of cash acquired" from the 10-K cash-flow statements (a cash outflow, not deal value). Built on 14 SEC-backed facts across 7 cited filings.

Evidence

Source archive

A collapsed investigation trail for the SEC filings behind the financials, annual M&A cadence, named transactions, and management language.

Annual 10-Ks

Named deal filings

Recent SEC filings

Evidence clips

Annual 10-K M&A evidenceAccepted annual filings used for disclosed acquisition count and spend.23 rows+

Fiscal year	Filing date	Form	Status	Count	Cash spend	Purchase consideration	Source
FY2025	Feb 12, 2026	Annual M&A 10-K	accepted	26	$310MM	$337MM	SEC filing
FY2024	Feb 13, 2025	Annual M&A 10-K	accepted	44	$157MM	$183MM	SEC filing
FY2023	Feb 15, 2024	Annual M&A 10-K	accepted	24	$367MM	$416MM	SEC filing
FY2022	Feb 16, 2023	Annual M&A 10-K	quarantined (1 issue)	31	$119MM	$126MM	SEC filing
FY2021	Feb 25, 2022	Annual M&A 10-K	quarantined (1 issue)	39	$146MM	$161MM	SEC filing
FY2020	Feb 26, 2021	Annual M&A 10-K	quarantined (1 issue)	31	$148MM	$160MM	SEC filing
FY2019	Feb 28, 2020	Annual M&A 10-K	quarantined (1 issue)	30	$431MM	$443MM	SEC filing
FY2018	Mar 1, 2019	Annual M&A 10-K	quarantined (1 issue)	38	$76.8MM	$81.6MM	SEC filing
FY2017	Feb 26, 2018	Annual M&A 10-K	quarantined (1 issue)	23	$130MM	$146MM	SEC filing
FY2016	Feb 24, 2017	Annual M&A 10-K	quarantined (1 issue)	34	$46.3MM	$53.9MM	SEC filing
FY2015	Feb 24, 2016	Annual M&A 10-K	accepted	N/A	$33.5MM	$33.5MM	SEC filing
FY2014	Feb 25, 2015	Annual M&A 10-K	accepted	N/A	$63.3MM	$81.3MM	SEC filing
FY2013	Feb 26, 2014	Annual M&A 10-K	warning (1 warn)	N/A	$12.6MM	N/A	SEC filing
FY2012	Feb 27, 2013	Annual M&A 10-K	warning (1 warn)	N/A	$25.0MM	N/A	SEC filing
FY2011	Feb 28, 2012	Annual M&A 10-K	warning (1 warn)	N/A	$11.4MM	N/A	SEC filing
FY2010	Feb 25, 2011	Annual M&A 10-K	warning (1 warn)	N/A	$34.8MM	N/A	SEC filing
FY2009	Feb 25, 2010	Annual M&A 10-K	accepted	2	$11.0MM	$134MM	SEC filing
FY2008	Mar 2, 2009	Annual M&A 10-K	accepted	2	$152MM	$134MM	SEC filing
FY2007	Feb 29, 2008	Annual M&A 10-K	warning (1 warn)	3	$6.8MM	N/A	SEC filing
FY2006	Feb 28, 2007	Annual M&A 10-K	accepted	1	$10.1MM	$23.5MM	SEC filing
FY2005	Mar 6, 2006	Annual M&A 10-K	accepted	1	$23.5MM	$23.5MM	SEC filing
FY2004	Mar 11, 2005	Annual M&A 10-K	accepted	1	$98.1MM	$110MM	SEC filing
FY2003	Mar 15, 2004	Annual M&A 10-K	warning (1 warn)	N/A	$1.5MM	N/A	SEC filing

Named transaction source filingsFilings behind selected named-deal rows and transaction excerpts.7 rows+

Filing date	Form	Targets / topics	Support	Source
Feb 12, 2026	10-K	Saela Holdings, LLC	FinancialsAnnual M&ANamed deals	SEC filing
Feb 26, 2021	10-K	Clark Pest Control	Annual M&ANamed deals	SEC filing
Feb 28, 2020	10-K	Clark Pest Control	Annual M&ANamed deals	SEC filing
Feb 25, 2011	10-K	HomeTeam Pest Defense, Inc.	Annual M&ANamed deals	SEC filing
Feb 25, 2010	10-K	Centex Home Services, LLC; HomeTeam Pest Defense, Inc.; HomeTeam Pest Defense, LLC	Annual M&ANamed deals	SEC filing
Mar 2, 2009	10-K	HomeTeam Pest Defense; HomeTeam Pest Defense, Inc.	Annual M&ANamed deals	SEC filing
Feb 28, 2007	10-K	Industrial Fumigant Company	Annual M&ANamed deals	SEC filing

Recent SEC filingsThe latest profile filings, kept separate so someone can investigate beyond M&A.10 rows+

Filing date	Form	Items	Description	Support	Source
Feb 12, 2026	10-K	N/A	10-K	FinancialsAnnual M&ANamed dealsRecent SEC	SEC filing
May 1, 2026	8-K	5.07,9.01	8-K	Recent SEC	SEC filing
Apr 23, 2026	10-Q	N/A	10-Q	Recent SEC	SEC filing
Apr 22, 2026	8-K	2.02,9.01	8-K	Recent SEC	SEC filing
Apr 1, 2026	10-Q	N/A	Quarterly report from SEC company index	Recent SEC	SEC filing
Mar 17, 2026	DEFA14A	N/A	DEFA14A	Recent SEC	SEC filing
Mar 17, 2026	DEF 14A	N/A	DEF 14A	Recent SEC	SEC filing
Feb 11, 2026	8-K	2.02,9.01	8-K	Recent SEC	SEC filing
Feb 1, 2026	10-K	N/A	Annual report from SEC company index	Recent SEC	SEC filing
Nov 12, 2025	8-K	8.01,9.01	8-K	Recent SEC	SEC filing

Evidence clipsShort excerpts used on the page; expand only when you want the language.6 rows+

Clark Pest Control

10-K - Feb 28, 2020

Medium

The Company completed the acquisition of Clark Pest Control on April 30, 2019. Clark Pest Control is a leading pest management company in California and was the nation’s 8th largest pest management company according to…

SEC source

Acquisition of Clark Pest Control

10-K - Feb 26, 2021

Medium

SEC source

Saela Pest Control Acquisition

10-K - Feb 12, 2026

Medium

On April 1, 2025, the Company acquired 100% of Saela Holdings, LLC ("Saela") for $207.2 million. The Company funded this acquisition using cash on hand and borrowings under the commercial paper program. The acquisition…

SEC source

HomeTeam Pest Defense acquisition

10-K - Mar 2, 2009

Medium

The Company entered into a definitive Asset Purchase Agreement dated as of March 28, 2008 to acquire, through the purchase of assets, the business of HomeTeam Pest Defense, which provides termite and pest control servic…

SEC source

HomeTeam Pest Defense

10-K - Feb 25, 2010

Medium

On April 3, 2008, the Company completed the acquisition of substantially all of the assets of Centex Home Services, LLC, a Nevada limited liability company, HomeTeam Pest Defense, Inc., a Nevada corporation, and HomeTea…

SEC source

Acquisition of HomeTeam Pest Defense

10-K - Mar 2, 2009

Medium

On April 3, 2008, the Company, completed the acquisition of substantially all of the assets of Centex Home Services, LLC, a Nevada limited liability company, HomeTeam Pest Defense, Inc., a Nevada c...

SEC source

Annual M&A counts and disclosed spend are extracted from SEC acquisition disclosures and cash-flow statements; named-deal rows carry direct filing links where the filing identifies the target or consideration.

Search

Coverage view

Where it trades against its peer set

A sustained, programmatic tuck-in cadence

Source archive