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DCF valuation

What is Rollins Inc worth?

With the base-case assumptions below, a discounted cash flow model on Rollins Inc's reported free cash flow gives $35.18 per share. The share price was $38.31 on November 10, 2026, 9% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$650M
Average free cash flow, last 5 years
$507.2M
Cash
$129.1M
balance sheet of September 30, 2026
Debt
$487.6M
balance sheet of September 30, 2026
Diluted shares, fiscal 2025
484,147,000
Revenue growth per year, last 5 years
11.7%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear6.5%4.5%2.0%10.0%$21.54-44%
Base11.5%7.0%2.5%9.0%$35.18-8%
Bull16.5%10.0%3.0%8.0%$62.37+63%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$45.56$48.77$52.69$57.60$63.90
8.0%$37.78$39.87$42.33$45.28$48.88
9.0%$32.12$33.54$35.18$37.10$39.36
10.0%$27.81$28.82$29.97$31.28$32.79
11.0%$24.43$25.17$26.00$26.94$27.99

Where the presets come from

Base: years 1 to 5 grow at Rollins Inc's revenue growth rate over the last 5 fiscal years (11.7% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Rollins Inc company page