Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data RENTOKIL INITIAL PLC /FI files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2025
FY2025
Revenue
6,385
6,617
6,908
Operating income
727
644
584
Interest expense
232
250
250
Interest income
60
59
46
Pre-tax income
566
462
390
Income tax
129
116
100
Income from continuing operations
437
346
290
Net income
474
392
470
EPS, basic
0.19
0.16
0.19
EPS, diluted
0.19
0.16
0.19
Balance sheet
FY2023
FY2025
FY2025
Cash and equivalents
1,989
1,158
2,319
Short-term investments
1
1
2
Receivables
1,121
1,137
1,151
Inventory
264
287
308
Total current assets
3,435
2,611
3,859
Property, plant and equipment
636
628
445
Lease right-of-use assets
576
577
576
Goodwill
6,455
6,584
Accounts payable
1,457
1,400
1,392
Total current liabilities
3,284
3,224
3,315
Lease liabilities
405
394
392
Total debt
4,619
5,408
Paid-in capital
19
20
21
Retained earnings
6,053
6,166
6,380
Shareholders' equity
5,210
5,295
5,496
Minority interests
-2
-2
-2
Total equity
5,208
5,293
5,494
Cash flow statement
FY2023
FY2025
FY2025
Net income
474
392
470
Cash from operations
916
868
972
Capital expenditures
-207
-219
-208
Cash from investing
-514
-476
26
Debt issued
0
1,232
Debt repaid
-464
-700
Dividends paid
-252
-292
-304
Cash from financing
-451
-952
27
Exchange rate effect
47
-35
97
Free cash flow
709
649
764
Interest paid
237
229
255
Income taxes paid
124
111
104
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $20.50 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
8.5%
Operating income / revenue.
Pre-tax margin
5.6%
Pre-tax income / revenue.
Net margin
6.8%
Net income / revenue.
FCF margin
11.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
14.1%
Cash from operations / revenue.
Effective tax rate
25.6%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
8.7%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on invested capital (ROIC)
5.0%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Capex / revenue
3.0%
Capital expenditures / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
4.4%
Revenue vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
-9.3%
Operating income vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
19.9%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
19.5%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
12.0%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
17.7%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
3.8%
Book value vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.16x
Current assets / current liabilities.
Quick ratio
1.05x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.70x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.98x
Total debt / shareholders' equity. Not shown when equity is negative.
Net debt
$3.09B
Total debt - cash - short-term investments. Negative means more cash than debt.
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
21.4%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.19
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$0.19
Net income per basic share, as reported (split-adjusted).
Payout ratio
64.7%
Dividends paid / net income, when net income is positive.
Dividends / FCF
39.8%
Dividends paid / free cash flow, when free cash flow is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$10.34B
Share price x shares outstanding.
Enterprise value
$13.43B
Market cap + total debt - cash - short-term investments.
P/E
22.0x
Market cap / net income. Only when net income is positive.
P/S
1.50x
Market cap / revenue.
P/B
1.88x
Market cap / shareholders' equity. Only when equity is positive.
P/FCF
13.5x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
10.6x
Market cap / cash from operations, when positive.
EV/Sales
1.94x
Enterprise value / revenue.
EV/EBIT
23.0x
Enterprise value / operating income, when both are positive.
EV/FCF
17.6x
Enterprise value / free cash flow, when both are positive.
FCF yield
7.4%
Free cash flow / market cap.
Earnings yield
4.5%
Net income / market cap (the inverse of P/E).
Dividend yield
2.9%
Dividends paid over the period / market cap.
Shareholder yield
2.9%
(Dividends paid + share buybacks) / market cap.
What was RENTOKIL INITIAL PLC /FI's revenue in fiscal 2025?
RENTOKIL INITIAL PLC /FI reported revenue of $6.91B for fiscal 2025, 4.4% higher than the year before.
Was RENTOKIL INITIAL PLC /FI profitable in fiscal 2025?
Yes. Net income was $470.0M, a net margin of 6.8%.
How much free cash flow did RENTOKIL INITIAL PLC /FI generate in fiscal 2025?
Cash from operations of $972.0M minus capital expenditures of $208.0M left free cash flow of $764.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.