Rollins, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Segment Reporting Information, by Segment

The following table presents selected financial information with respect to the Company’s single reportable segment:


	Three Months Ended March 31,
(in thousands)	2025		2024
Revenue	$	822,504	$	748,349

Less:
Cost of services provided (exclusive of depreciation and amortization below):
Employee expenses	261,724		238,529
Materials and supplies	48,491		44,786
Insurance and claims	16,524		17,644
Fleet expenses	36,857		30,697
Other cost of services provided (1)	36,538		33,902
Total cost of services provided (exclusive of depreciation and amortization below)	$	400,134	$	365,558

Sales, general and administrative:
Selling and marketing expenses	98,250		82,911
Administrative employee expenses	81,481		75,778
Insurance and claims	10,004		10,526
Fleet expenses	9,403		7,765
Other sales, general and administrative (2)	51,375		46,077
Total sales, general and administrative	$	250,513	$	223,057


Depreciation and amortization	29,209		27,310
Interest expense, net	5,796		7,725
Other income, net	(692)		61
Income tax expense	32,296		30,244
Net income	$	105,248	$	94,394

1) Other cost of services provided includes facilities costs, professional services, maintenance and repairs, software license costs, and other expenses directly related to providing services.

2) Other sales, general and administrative includes facilities costs, professional services, maintenance and repairs, software license costs, bad debt expense, and other administrative expenses.

Schedule of Revenue from External Customers and Long-Lived Assets by Geographical Areas

The Company's long-lived tangible assets, as well as the Company's operating lease right-of-use assets recognized in the condensed consolidated statements of financial position were located as follows:


	March 31, 2025		December 31, 2024
(in thousands)
United States	$	509,937	$	503,767
International	36,500		35,546