Definitive proxy statements

Pay vs Performance Disclosure

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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
The following table sets forth information concerning the compensation of our NEOs for each of the fiscal years ended December 31, 2024, 2023, 2022, 2021 and 2020, and our financial performance for each such fiscal year:

Year
Summary
Compensation
Table Total
for PEO(1)
($)
Compensation
Actually
Paid to PEO(2)
($)
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs(1)
($)
Average
Compensation
Actually Paid
to Non-PEO
NEOs(2)
($)
 Value of Initial Fixed $100
Investment Based On:
Net Income(5)
($)
Pre-Tax Profit(6)
($)
Total
Shareholder
Return(3)
($)
Peer Group
Total
Shareholder
Return(4)
($)
2024 8,236,749 9,377,145 3,537,674 4,129,987 223 229 466,379,000 630,230,000
2023 6,743,889 9,226,265 3,163,663 4,851,471 207 194 434,957,000 586,257,000
2022 7,760,204 9,213,035 2,629,526 2,960,216 171 151 368,599,000 498,917,000
2021 8,393,601 6,163,785 2,220,844 905,146 158 159 356,565,000 482,485,000
2020 5,475,195 14,029,693 2,094,217 5,109,905 179 121 266,756,000 362,716,000
       
Company Selected Measure Name 6.Pre-Tax Profit        
Named Executive Officers, Footnote The dollar amounts reported in these columns are (i) the amount of total compensation in the “Total” column of the "Summary Compensation Table" reported for (a) Jerry E. Gahlhoff, Jr. for the years 2024 and 2023 when he served as the Company’s Chief Executive Officer and (b) Gary W. Rollins for the years 2022, 2021, and 2020 when he served as the Company’s Chief Executive Officer, and (ii) the average of the amounts reported for the Company’s remaining NEOs as a group in the “Total” column of the "Summary Compensation Table" in each applicable year. The names of the remaining NEOs included for purposes of calculating the average amounts in each applicable year are as follows:
Year Current PEO Non-PEO NEOs
2024 Jerry E. Gahlhoff, Jr. Gary W. Rollins, Kenneth D. Krause, John F. Wilson and Elizabeth B. Chandler
2023 Jerry E. Gahlhoff, Jr. Gary W. Rollins, Kenneth D. Krause, John F. Wilson and Elizabeth B. Chandler
2022 Gary W. Rollins Jerry E. Gahlhoff, Jr., Kenneth D. Krause, Julie K. Bimmerman, John F. Wilson and Elizabeth B. Chandler
2021 Gary W. Rollins Jerry E. Gahlhoff, Jr., Eddie P. Northen, Julie K. Bimmerman, John F. Wilson and Elizabeth B. Chandler
2020 Gary W. Rollins Jerry E. Gahlhoff, Jr., Randall R. Rollins, Eddie P. Northen, John F. Wilson and Elizabeth B. Chandler
       
Peer Group Issuers, Footnote The amounts reported in this column represents the weighted Peer Group TSR (“Peer Group TSR”) for the fiscal years ended December 31, 2024, 2023, 2022, 2021 and 2020. The Peer Group TSR is weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the S&P 500 Commercial Services & Supplies Index.        
PEO Total Compensation Amount $ 8,236,749 $ 6,743,889 $ 7,760,204 $ 8,393,601 $ 5,475,195
PEO Actually Paid Compensation Amount $ 9,377,145 9,226,265 9,213,035 6,163,785 14,029,693
Adjustment To PEO Compensation, Footnote The amounts reported in these columns represent the amount of “compensation actually paid” to (a) Jerry E. Gahlhoff, Jr. for the years 2024 and 2023 and (b) Gary W. Rollins for the years 2022, 2021, and 2020, and on average, to all other NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Jerry E. Gahlhoff, Jr. or Gary W. Rollins or to the other NEOs as a group during the applicable year.
In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Jerry E. Gahlhoff, Jr. or Gary W. Rollins’ total compensation, and to the average total compensation for the other NEOs as a group, for each year to determine the compensation actually paid:

2024 2023 2022 2021 2020
PEO
($)		 Average non-PEO NEOs
($)		 PEO
($)		 Average non-
PEO NEOs
($)		 PEO
($)		 Average non-
PEO NEOs
($)		 PEO
($)		 Average non-
PEO NEOs
($)		 PEO
($)		 Average non-
PEO NEOs
($)
Summary Compensation Table Total 8,236,749 3,537,674 6,743,889 3,163,663 7,760,204 2,629,526 8,393,601 2,220,844 5,475,195 2,094,217
Subtraction of Stock Awards (5,697,083) (1,826,763) (3,918,025) (1,224,611) (3,564,000) (1,224,687) (4,458,000) (1,129,360) (2,846,575) (1,143,772)
Addition of Year-End Equity Value 6,642,241 2,115,778 5,735,845 1,792,816 4,384,800 1,426,419 4,105,200 834,724 4,541,888 1,004,490
Change in Fair Value of Stock Awards granted in Prior Year 62,041 220,603 562,771 1,042,907 827,616 147,338 (1,758,348) (283,712) 6,399,417 1,249,230
Addition of Fair Value Stock Awards that were granted and vested in the same FY — — — — — — — — — 768,180
Change in Fair Value of Stock Awards granted during any prior FY that met the vesting conditions as of the end of the applicable FY (52,807) (22,143) (11,764) (24,458) (399,921) (62,357) (321,024) (64,051) 308,943 1,096,205
Subtraction of Stock Awards that failed to meet the vesting conditions — — — — — — — (708,066) — —
Subtraction of Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Defined Benefit and Pension Plans — — — — — — — — (10,385) (7,801)
Addition of dividends or other earnings paid during applicable FY prior to vesting date 186,004 104,838 113,549 101,155 204,336 43,977 202,356 34,767 161,210 49,157
Compensation Actually Paid ($) 9,377,145 4,129,987 9,226,265 4,851,471 9,213,035 2,960,216 6,163,785 905,146 14,029,693 5,109,905
       
Non-PEO NEO Average Total Compensation Amount $ 3,537,674 3,163,663 2,629,526 2,220,844 2,094,217
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,129,987 4,851,471 2,960,216 905,146 5,109,905
Adjustment to Non-PEO NEO Compensation Footnote
2.The amounts reported in these columns represent the amount of “compensation actually paid” to (a) Jerry E. Gahlhoff, Jr. for the years 2024 and 2023 and (b) Gary W. Rollins for the years 2022, 2021, and 2020, and on average, to all other NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Jerry E. Gahlhoff, Jr. or Gary W. Rollins or to the other NEOs as a group during the applicable year.
In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Jerry E. Gahlhoff, Jr. or Gary W. Rollins’ total compensation, and to the average total compensation for the other NEOs as a group, for each year to determine the compensation actually paid:

2024 2023 2022 2021 2020
PEO
($)		 Average non-PEO NEOs
($)		 PEO
($)		 Average non-
PEO NEOs
($)		 PEO
($)		 Average non-
PEO NEOs
($)		 PEO
($)		 Average non-
PEO NEOs
($)		 PEO
($)		 Average non-
PEO NEOs
($)
Summary Compensation Table Total 8,236,749 3,537,674 6,743,889 3,163,663 7,760,204 2,629,526 8,393,601 2,220,844 5,475,195 2,094,217
Subtraction of Stock Awards (5,697,083) (1,826,763) (3,918,025) (1,224,611) (3,564,000) (1,224,687) (4,458,000) (1,129,360) (2,846,575) (1,143,772)
Addition of Year-End Equity Value 6,642,241 2,115,778 5,735,845 1,792,816 4,384,800 1,426,419 4,105,200 834,724 4,541,888 1,004,490
Change in Fair Value of Stock Awards granted in Prior Year 62,041 220,603 562,771 1,042,907 827,616 147,338 (1,758,348) (283,712) 6,399,417 1,249,230
Addition of Fair Value Stock Awards that were granted and vested in the same FY — — — — — — — — — 768,180
Change in Fair Value of Stock Awards granted during any prior FY that met the vesting conditions as of the end of the applicable FY (52,807) (22,143) (11,764) (24,458) (399,921) (62,357) (321,024) (64,051) 308,943 1,096,205
Subtraction of Stock Awards that failed to meet the vesting conditions — — — — — — — (708,066) — —
Subtraction of Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Defined Benefit and Pension Plans — — — — — — — — (10,385) (7,801)
Addition of dividends or other earnings paid during applicable FY prior to vesting date 186,004 104,838 113,549 101,155 204,336 43,977 202,356 34,767 161,210 49,157
Compensation Actually Paid ($) 9,377,145 4,129,987 9,226,265 4,851,471 9,213,035 2,960,216 6,163,785 905,146 14,029,693 5,109,905
       
Compensation Actually Paid vs. Total Shareholder Return
Versus Cumulative TSR.jpg
        
Compensation Actually Paid vs. Net Income
Versus Net Income.jpg
        
Compensation Actually Paid vs. Company Selected Measure
Versus Actual Profit.jpg
        
Tabular List, Table
Revenue
Pre-Tax Profit
Stock Price
Adjusted EBITDA
        
Total Shareholder Return Amount $ 223 207 171 158 179
Peer Group Total Shareholder Return Amount 229 194 151 159 121
Net Income (Loss) $ 466,379,000 $ 434,957,000 $ 368,599,000 $ 356,565,000 $ 266,756,000
Company Selected Measure Amount 630,230,000 586,257,000 498,917,000 482,485,000 362,716,000
PEO Name Jerry E. Gahlhoff, Jr.        
Additional 402(v) Disclosure The amounts reported in this column represents the Company’s total cumulative Total Shareholder Return (“TSR”) for the fiscal years ended December 31, 2024, 2023, 2022, 2021 and 2020. The Company’s total cumulative TSR is the total shareholder return calculated as the profit or loss from net share price change, over a given period, including reinvestment of dividends.The amounts reported in this column represent the amount of Net Income reflected in the Company’s audited financial statements for the fiscal years ended December 31, 2024, 2023, 2022, 2021 and 2020.Pre-Tax Profit, which is calculated as consolidated income before taxes, represents the most important financial measure used by the Company to link compensation actually paid to its named executive officers for the fiscal years ended December 31, 2024, 2023, 2022, 2021 and 2020.        
Measure:: 1          
Pay vs Performance Disclosure          
Name Revenue        
Measure:: 2          
Pay vs Performance Disclosure          
Name Pre-Tax Profit        
Measure:: 3          
Pay vs Performance Disclosure          
Name Stock Price        
Measure:: 4          
Pay vs Performance Disclosure          
Name Adjusted EBITDA        
PEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0 $ (10,385)
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (5,697,083) (3,918,025) (3,564,000) (4,458,000) (2,846,575)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,642,241 5,735,845 4,384,800 4,105,200 4,541,888
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 62,041 562,771 827,616 (1,758,348) 6,399,417
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (52,807) (11,764) (399,921) (321,024) 308,943
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 186,004 113,549 204,336 202,356 161,210
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 (7,801)
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,826,763) (1,224,611) (1,224,687) (1,129,360) (1,143,772)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,115,778 1,792,816 1,426,419 834,724 1,004,490
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 220,603 1,042,907 147,338 (283,712) 1,249,230
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 768,180
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (22,143) (24,458) (62,357) (64,051) 1,096,205
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 (708,066) 0
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 104,838 $ 101,155 $ 43,977 $ 34,767 $ 49,157