Rollins, Inc. Achieves Investment Grade Credit Ratings From Fitch and S&P

Rollins, Inc. Secures Inaugural Investment Grade Credit Ratings

In a significant milestone for Rollins, Inc., a leading global consumer and commercial services company, it has received its first-ever investment grade credit ratings from two prominent credit rating agencies, Fitch Ratings and S&P Global Ratings. This announcement came on February 13, 2025, highlighting the company's progress in enhancing its business operations and financial structure.

Fitch has given Rollins a Long-Term Issuer Default Rating of BBB+, while S&P has assigned it an Issuer Rating of BBB, both with a stable outlook. These ratings reflect the company's commitment to maintaining a conservative leverage profile and disciplined growth strategy.

Ken Krause, Executive Vice President and Chief Financial Officer of Rollins, emphasized the importance of this achievement, stating, "Over the last few years, we have made considerable progress in modernizing our business and capital structure. The assignment of investment grade credit ratings from these two agencies marks another important step in our modernization journey. We value the flexibility and cost of capital advantages these investment grade ratings provide and remain committed to our track record of conservative leverage, disciplined growth, and balanced capital allocation."

Rollins, Inc. operates through a variety of well-known brands including Orkin, HomeTeam Pest Defense, and Critter Control, offering essential pest control services to over 2.8 million customers across North America, South America, Europe, Asia, Africa, and Australia. The company boasts a workforce of more than 20,000 employees and operates from over 800 locations worldwide.

The company’s strategy focuses on modernization and efficiency, integrating advanced technology into its operations and capitalizing on new market opportunities. The recent credit upgrades are expected to bolster Rollins' financial stability, refine its operational capabilities, and potentially lower its borrowing costs, providing a robust platform for future growth.

However, this progress does not come without challenges or risks. Caution is advised as all forward-looking statements made by the company are subject to uncertainties and potential market fluctuations. The company is, therefore, committed to communicating transparently with investors and stakeholders as they continue to navigate and adapt to market conditions.

As the pest control industry evolves, Rollins, Inc. aims to be at the forefront, ensuring quality service while maintaining financial health. With the backing of investment grade ratings from Fitch and S&P, Rollins is well-positioned to continue its legacy as a leader in pest control services,
consolidating its reputation not only as a trusted service provider but also as a strong and resilient company in the eyes of investors.

For more information about Rollins and its extensive family of brands, you can visit www.rollins.com.