Research · Sep 3, 2026
[ROL] Rollins Thesis 2026: Acquisition Flywheel Extends the Compounding Run
Rollins extended its five-year compounding streak in FY2025 with 11% revenue growth to $3.76B, 6.9% organic, and FCF of $650M at a 17.3% margin. The year's key corporate event was the $207M acquisition of Saela Pest Control, adding a digital-first pest control brand alongside Fox and the legacy Orkin portfolio. All three service lines grew organically — Termite & Ancillary led at +9.9% — and management guided 2026 with a robust acquisition pipeline and solid demand.