Rentokil Initial RTO.L · GBp
Industrials · Commercial Services & Supplies · LSE · 🇬🇧 United Kingdom
FTSE 100
353.00p
+0.26%
Close of 9 Nov 2026, in pence
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At a glance
Figures in USD, from our data supplier.
Revenue
$7.35bn
FY2015FY2024
Net income
$415.2m
FY2015FY2024
Free cash flow
$626.2m
FY2015FY2024
Shareholders' equity
$5.72bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.35bn | $7.27bn | $5.02bn | $2.96bn | $2.80bn | $2.71bn | $2.47bn | $2.41bn | $2.17bn | $1.76bn |
| Gross profit | $6.17bn | $6.05bn | $4.07bn | $2.37bn | $2.22bn | $2.15bn | $1.96bn | $1.94bn | $1.79bn | $1.45bn |
| Operating income | $975.2m | $1.03bn | $674.9m | $368.9m | $314.9m | $292.9m | $275.4m | $308.7m | $248.9m | $201.1m |
| Net income | $415.2m | $515.3m | $313.8m | $263.2m | $185.9m | $283.8m | −$98.3m | $683.0m | $167.8m | $124.3m |
| Diluted earnings per share | 0.16 | 0.20 | 0.16 | 0.14 | 0.10 | 0.15 | -0.05 | 0.37 | 0.09 | 0.07 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $14.27bn | $15.05bn | $16.12bn | $4.32bn | $5.58bn | $3.39bn | $3.08bn | $3.11bn | $2.54bn | $2.16bn |
| Cash and short-term investments | $1.25bn | $2.11bn | $2.94bn | $670.0m | $2.12bn | $311.3m | $132.3m | $310.6m | $169.8m | $201.9m |
| Total liabilities | $8.55bn | $9.52bn | $10.58bn | $3.06bn | $4.45bn | $2.39bn | $2.25bn | $2.17bn | $2.18bn | $1.95bn |
| Debt | $5.51bn | $6.35bn | $7.24bn | $1.93bn | $3.14bn | $1.36bn | $1.26bn | $1.23bn | $1.34bn | $1.20bn |
| Shareholders' equity | $5.72bn | $5.53bn | $5.54bn | $1.26bn | $1.13bn | $1.00bn | $832.2m | $933.7m | $360.6m | $212.3m |
| Shares outstanding | 2,528m | 2,527m | 2,014m | 1,866m | 1,863m | 1,861m | 1,841m | 1,851m | 1,843m | 1,827m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $917.0m | $996.8m | $811.5m | $563.2m | $548.0m | $462.9m | $363.6m | $379.8m | $362.5m | $320.0m |
| Capital spending | −$290.8m | −$285.4m | −$257.0m | −$159.9m | −$153.0m | −$170.9m | −$170.1m | −$193.4m | −$207.2m | −$172.3m |
| Free cash flow | $626.2m | $711.4m | $554.5m | $403.3m | $395.0m | $292.0m | $193.5m | $186.4m | $155.3m | $147.7m |
| Dividends paid | −$309.7m | −$271.9m | −$165.0m | −$138.7m | — | −$85.8m | −$74.2m | −$64.3m | −$55.5m | −$48.9m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.36bn | $3.61bn | $3.27bn | $2.70bn | $2.67bn | $1.34bn | $2.14bn | $1.07bn |
| Gross profit | — | — | — | — | $184.5m | $184.5m | $1.40bn | $1.40bn |
| Operating income | $343.0m | $365.9m | $411.0m | $285.0m | $398.0m | $136.0m | $330.4m | $110.4m |
| Net income | $188.0m | $146.6m | $248.0m | $196.0m | $185.0m | $92.5m | $107.8m | $53.9m |
| Diluted earnings per share | 0.06 | 0.06 | 0.09 | 0.08 | 0.07 | 0.04 | 0.05 | 0.03 |
| Total assets | $14.23bn | $13.94bn | $15.30bn | $11.13bn | $11.13bn | $10.99bn | $11.92bn | $11.92bn |
| Cash and short-term investments | $1.69bn | $1.22bn | $2.12bn | $1.56bn | $1.56bn | $1.42bn | $2.17bn | $2.17bn |
| Debt | $5.24bn | $3.72bn | $4.66bn | $3.47bn | $3.47bn | $3.90bn | $3.91bn | $5.29bn |
| Shareholders' equity | $5.27bn | $5.59bn | $5.67bn | $4.09bn | $4.09bn | $3.95bn | $4.10bn | $4.10bn |
Financial ratios
Data as of 30 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 83.1% | 83.9% | 27.9% | 26.3% | 24.2% | 23.4% | — | — | — |
| Operating margin | 9.5% | 10.1% | 14.3% | 8.5% | 11.7% | 10.5% | — | — | — |
| Net margin | 7.0% | 5.6% | 7.1% | 6.2% | 8.9% | 6.7% | — | — | — |
| Return on equity | 8.7% | 7.3% | 9.3% | 5.7% | 20.8% | 16.5% | — | — | — |
| Return on assets | 3.3% | 2.9% | 3.4% | 1.9% | 6.1% | 3.2% | — | — | — |
| Free cash flow yield | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | — | — | — |
| Revenue growth | -5.7% | 1.1% | 44.7% | 25.7% | 5.9% | 4.2% | — | — | — |
| Earnings growth | 16.2% | -19.4% | 64.2% | -11.8% | 41.4% | -34.5% | — | — | — |
| Current ratio | 1.16x | 0.81x | 1.05x | 1.14x | 0.97x | 1.05x | — | — | — |
| Debt to equity | 1.30x | 0.90x | 1.08x | 1.23x | 1.42x | 2.66x | — | — | — |
| Equity ratio | 38.1% | 40.1% | 36.7% | 34.4% | 29.2% | 19.4% | — | — | — |
| Interest coverage | 5.85x | 2.86x | 4.05x | 4.12x | 10.19x | 7.34x | — | — | — |
| R&D as a share of sales | — | 0.1% | 0.1% | 0.1% | — | — | 0.2% | 0.1% | 0.1% |
| Buybacks as a share of market value | -0.5% | 0.1% | -14.0% | -18.6% | -0.3% | -0.1% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 35.5% | 22.1% | 15.5% |
| Operating income | 38.3% | 27.2% | 16.3% |
| Net income | 16.4% | 7.9% | 4.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 83.6% | 82.6% | 81.9% | 80.1% |
| Operating margin | 13.7% | 13.5% | 13.0% | 12.7% |
| Net margin | 6.4% | 6.7% | 7.0% | 8.1% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 32.5 | 29.2 | 44.0 | 55.6 | 68.2 | 39.9 | -84.3 | 11.6 | 32.7 | 31.4 |
| Price to sales | 1.8 | 2.1 | 2.8 | 5.0 | 4.5 | 4.2 | 3.4 | 3.3 | 2.5 | 2.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 13 Aug 2026.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.09 | 0.091 | 0.079 | 0.067 | 0.075 | 0.047 | 0.041 | 0.035 |
- 1-to-1 reverse split · 21 Jun 2005
- 2-for-1 split · 19 May 1997
- 5-for-2 split · 11 May 1992
- 2-for-1 split · 14 May 1990
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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