Rollins, Inc.

**Solid Financial Performance**: Rollins reported a 9% year-over-year increase in revenue for Q3 2024, totaling $916 million, with healthy organic growth of 7.7%. This organic growth aligns with the company's expectations of 7% to 8% for the year and showcases strong performance across all major service lines, particularly in termite and ancillary services (up 14.5%).

**Investment in Growth**: The company has made significant investments in sales staffing and marketing, particularly focusing on its commercial division, where it sees substantial opportunities in the B2B market. Management remains committed to investing in the growth of its workforce and customer base, even with margins temporarily affected by these investments.

**Margins and Profitability**: While Gross Margins improved by 20 basis points to 54%, operating margins declined by 20 basis points to 20.9% due to increased SG&A costs. Adjusted EBITDA was $219 million for the quarter, reflecting a 24% margin, with expectations for healthy profitability for the full year despite the investment-driven pressures.