Rollins, Inc. (ROL): history, ownership, mission, how it works & makes money

Rollins, Inc. (ROL) Information


A Brief History of Rollins, Inc. (ROL)

Rollins, Inc. is a prominent company specializing in pest control services. Founded in 1948, the company has grown to become a leader in its industry, operating under the well-known brand Orkin, among others.

Below are some of the key milestones in the history of Rollins, Inc.:

  • 1948: Rollins Broadcasting, Inc. is established by brothers O. Wayne Rollins and John W. Rollins in Delaware, initially operating as a radio station group.
  • 1964: The company diversifies its operations by acquiring Orkin Exterminating Company, which marks its entry into the pest control industry.
  • 1984: Rollins, Inc. spins off its broadcasting division to focus primarily on pest control services.
  • 1997: R. Randall Rollins is named CEO, leading the company through a period of significant growth and expansion.
  • 2005: Rollins acquires Western Pest Services, further expanding its market presence in the United States.
  • 2008: The company celebrates its 60th anniversary and continues to grow through strategic acquisitions and service enhancements.
  • 2015: Rollins enters the Australian market by acquiring Allpest, marking its first major international expansion.
  • 2018: The company celebrates its 70th anniversary, demonstrating its long-standing commitment to quality and innovation in pest control services.
  • 2020: Gary W. Rollins, who has been with the company for over five decades, continues to serve as Chairman and CEO, ensuring the company maintains its leadership position in the industry.

Throughout its history, Rollins, Inc. has been guided by a commitment to providing effective and innovative pest control solutions. With a focus on both domestic and international expansion, the company continues to set industry standards and achieve new milestones.



Who Owns Rollins, Inc. (ROL)

Rollins, Inc. (ROL) is a prominent pest control services company based in the United States. Ownership of Rollins, Inc. is distributed among a range of shareholders, including institutional investors, individual insiders, and retail investors. Understanding the ownership structure is essential for investors and stakeholders who want to gauge the company's decision-making dynamics and influences.

The following are the key ownership groups of Rollins, Inc.:

  • Institutional Investors: A significant portion of Rollins, Inc. is owned by institutional investors such as mutual funds, pension funds, and other investment firms. These entities hold substantial shares and often exert notable influence over company policies and decisions. Examples include investment giants like BlackRock and Vanguard Group.
  • Individual Insiders: Another critical ownership group for Rollins, Inc. comprises individual insiders. This group includes executives, board members, and key employees who possess shares in the company. Their stake often aligns their interests with the company's long-term success and can significantly impact corporate governance and strategic direction.
  • Retail Investors: Retail investors, or individual shareholders, also own a portion of Rollins, Inc. While they may not hold significant percentages individually, collectively, they make up a noteworthy segment of the company's ownership. These investors typically purchase shares through brokerage accounts and can influence the stock's market price through their trading activities.

Rollins, Inc.'s diverse ownership structure ensures a balanced representation of interests from various stakeholders, providing stability and different perspectives in the company's strategic and operational planning. The blend of institutional, insider, and retail ownership plays a pivotal role in the governance and performance of the company.



Rollins, Inc. (ROL) Mission Statement

The mission of Rollins, Inc. (ROL) is to be the world's best services company by:

  • Delivering Exceptional Customer Service: Rollins, Inc. focuses on providing superior service and value to its customers. The company strives to exceed customer expectations by being responsive, dependable, and innovative.
  • Ensuring Employee Development and Well-being: Rollins is committed to fostering a supportive and enriching work environment where employees can thrive. The company prioritizes training, career growth, and employee satisfaction.
  • Promoting Sustainable Practices: Rollins, Inc. aims to conduct its business operations in an environmentally responsible manner. The company is dedicated to sustainability and reducing its ecological footprint.
  • Maintaining Ethical Standards: Integrity and ethical behavior are cornerstones of Rollins' business philosophy. The company adheres to the highest ethical standards in all of its interactions and operations.
  • Driving Continuous Improvement: Rollins is committed to innovation and continuous improvement in its services and processes. The company encourages creativity and embraces change to better serve its stakeholders.
  • Achieving Financial Performance: Rollins, Inc. aims to deliver consistent and sustainable financial performance. The company focuses on growth, profitability, and value creation for its shareholders.


How Rollins, Inc. (ROL) Works

Rollins, Inc. is a prominent service company in the realm of pest control. The company functions by delivering a comprehensive range of services that address various pest-related issues for both residential and commercial clients. Here's an overview of how Rollins, Inc. operates:

Service Offerings
  • Pest Control Services: Rollins offers extensive pest control solutions that target common pests like ants, spiders, termites, and rodents. These services are designed to prevent and eliminate infestations effectively.
  • Termite Control: Specialized services focus on preventing and eradicating termite infestations, which can cause significant damage to structures. The company employs advanced techniques and products to safeguard properties from termites.
  • Wildlife Control: Rollins provides humane wildlife management services, addressing issues with animals such as raccoons, squirrels, and bats. They also offer exclusion and damage repair services.
  • Bed Bug Services: The company deploys targeted strategies to detect and eliminate bed bugs from homes and businesses. This includes inspection, treatment, and follow-up services.
Operational Strategies
  • Technological Integration: Rollins utilizes advanced technology to enhance service delivery, including GPS-enabled routing, online scheduling, and digital reporting. This helps improve efficiency and customer satisfaction.
  • Expert Technicians: The company employs highly trained professionals who are well-versed in the latest pest control techniques and protocols, ensuring high-quality service and safety for clients.
  • Environmental Responsibility: Rollins is committed to eco-friendly practices, utilizing integrated pest management strategies that minimize environmental impact while effectively controlling pests.
  • Customer Focus: The company places a high emphasis on customer service, offering personalized solutions and responsive support. They maintain an extensive network of locations to serve a wide customer base effectively.
Subsidiaries and Brands
  • Orkin: One of the most recognizable names in pest control, Orkin is a key subsidiary of Rollins, Inc., known for its comprehensive pest management services.
  • HomeTeam Pest Defense: Specializes in residential pest control and is another significant brand under the Rollins umbrella.
  • Western Pest Services: Focuses on pest control solutions in the northeastern United States and is part of the Rollins family of brands.

Rollins, Inc. leverages its extensive expertise, technological advancements, and a focus on customer service to maintain its leadership position in the pest control industry. By offering a wide array of services and operating through a network of well-known brands, the company ensures comprehensive solutions for pest-related issues.



How Rollins, Inc. (ROL) Makes Money

Rollins, Inc. (ROL) is a premier global consumer and commercial services company. It primarily generates revenue through its comprehensive range of pest control services. Here's a closer look at how the company makes money:

  • Residential Pest Control Services:

    Rollins offers a variety of pest control services to homeowners, which include the control and extermination of pests such as ants, cockroaches, termites, rodents, and other insects. These services are provided through its well-known subsidiaries like Orkin, HomeTeam Pest Defense, and Western Pest Services.

  • Commercial Pest Control Services:

    The company provides tailored pest management solutions to a range of industries, including hospitality, food service, healthcare, and retail. These services ensure that commercial establishments maintain a pest-free environment, which is crucial for their operations and regulatory compliance.

  • Specialized Services:

    In addition to general pest control, Rollins offers specialized services such as termite control, wildlife exclusion, and mosquito control. These specialized services are often priced at a premium and address specific pest-related issues that standard services do not cover.

  • Recurring Revenue Model:

    One of the most critical aspects of Rollins' business model is its recurring revenue. Many of the company's services are offered on a subscription basis, with customers paying monthly or quarterly fees for ongoing pest control and maintenance. This model ensures a steady stream of revenue.

  • Franchise Operations:

    Rollins also generates income through its franchise operations. By franchising its proven business model and brand names to independent operators, the company benefits from franchise fees and royalties without the direct overhead of managing these additional locations.

  • International Operations:

    With a presence in multiple countries, Rollins taps into global markets through its international subsidiaries and joint ventures. This international expansion allows the company to generate revenue from diverse geographic regions.

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