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Rollins Has Grown Revenue for 100 Straight Quarters. Here Are 3 More Boring Businesses to Watch
Rollins CEO Jerry Gahlhoff cites 100 consecutive quarters of revenue growth, spanning the 2008 meltdown and the 2020 shutdowns.
Key points
- Rollins CEO Jerry Gahlhoff cited 100 consecutive quarters of revenue growth in the latest results.
- Rollins operates under Orkin and regional brands and serves more than 2.8 million customers.
- Rollins stock is down 41.59% year to date, though it remains up 189.17% over ten years.
Why it matters. Investors in Rollins are trusting that underlying demand will survive a marketing problem, as AI-driven search is changing how homeowners find exterminators.
Rollins CEO Jerry Gahlhoff pointed to 100 consecutive quarters of revenue growth, a 25-year stretch covering the 2008 meltdown and the 2020 shutdowns. The North American pest and termite control leader serves more than 2.8 million customers, mostly under recurring service agreements. Residential organic growth slowed to 2.3% and operating margin contracted 140 bps to 21.2%, and the stock is down 41.59% year to date.
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Rollins Has Grown Revenue for 100 Straight Quarters. Here Are 3 More Boring Businesses to Watch
Rollins just logged a milestone that spans two crashes and a pandemic, and three other unglamorous businesses share the same stubborn habit of growing no matter what the economy does. Rollins just logged a milestone that spans two crashes and a pandemic, and three other unglamorous businesses share the same stubborn habit of growing no matter what the economy does. Some of the market’s steadiest compounders haul trash, treat termites, wash work shirts, and keep factory-floor vending machines stocked with drill bits. With its latest results, Rollins ( NYSE:ROL | ROL Price Prediction ) chief executive Jerry Gahlhoff pointed to 100 consecutive quarters of revenue growth. That works out to 25 years, a stretch that covers both the 2008 meltdown and the 2020 shutdowns. Such a record is the whole argument for boring businesses. The four companies below sell services their customers must keep buying, and most have shown they can raise prices along the way. Waste Management: Trash Pickup Never Gets Canceled Waste Management ( NYSE:WM ) collects garbage, runs transfer stations and landfills, sorts recycling, turns landfill gas into renewable natural gas, and since buying Stericycle, it also hauls regulated medical waste. The company says it operates North America’s largest disposal network and collection fleet. Demand doesn’t depend on the economy. Households and hospitals keep producing.