Rentokil Initial (RTO) financial statements

Industrials · Specialty Business Services · Market cap $10.1B

Rentokil Initial reported revenue of 5.4B GBP in fiscal 2024, up 18.0% a year over 4 years.

Net income was 307M GBP and the operating margin 10.1%, against 10.5% in 2020.

Free cash flow was 463M GBP, and the company returned 229M GBP in dividends.

The diluted share count rose 36% over the period (dilution).

Revenue and free cash flow

Fiscal years, $ billions (GBP).

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<p style="font-size:13px">Source: <a href="https://investingly.io/stocks/RTO/financials">Rentokil Initial financials</a> on Investingly</p>

Income statement

Fiscal years, in GBP, from Rentokil Initial's 10-K filings with the SEC.

Fiscal year	2020	2021	2022	2023	2024
Revenue	2.8B GBP	3.0B GBP	3.7B GBP	5.4B GBP	5.4B GBP
Operating income	294M GBP	347M GBP	317M GBP	625M GBP	549M GBP
Interest expense	78M GBP	34M GBP	79M GBP	189M GBP	197M GBP
Pre-tax income	230M GBP	325M GBP	296M GBP	493M GBP	405M GBP
Income tax	44M GBP	62M GBP	64M GBP	112M GBP	98M GBP
Net income	186M GBP	263M GBP	232M GBP	381M GBP	307M GBP
EPS (diluted)	0.10 GBP	0.14 GBP	0.12 GBP	0.15 GBP	0.12 GBP
Diluted shares	1.86B	1.87B	2.01B	2.53B	2.53B
Operating margin	10.5%	11.7%	8.5%	11.6%	10.1%
Net margin	6.6%	8.9%	6.2%	7.1%	5.6%

Balance sheet

Fiscal years, in GBP, from Rentokil Initial's 10-K filings with the SEC.

Fiscal year	2020	2021	2022	2023	2024
Cash and short-term investments	—	670M GBP	2.2B GBP	1.6B GBP	927M GBP
Receivables	—	527M GBP	830M GBP	880M GBP	909M GBP
Inventory	—	136M GBP	200M GBP	207M GBP	229M GBP
Total current assets	—	1.3B GBP	3.2B GBP	2.7B GBP	2.1B GBP
Property, plant and equipment	403M GBP	398M GBP	495M GBP	499M GBP	502M GBP
Goodwill	—	1.8B GBP	5.1B GBP	5.0B GBP	5.2B GBP
Total current liabilities	—	1.4B GBP	2.8B GBP	2.6B GBP	2.6B GBP
Long-term debt	—	1.3B GBP	3.6B GBP	3.2B GBP	2.5B GBP
Shareholders' equity	1.1B GBP	1.3B GBP	4.1B GBP	4.1B GBP	4.2B GBP
Net debt	—	1.0B GBP	2.7B GBP	2.7B GBP	2.7B GBP

Cash flow

Fiscal years, in GBP, from Rentokil Initial's 10-K filings with the SEC.

Fiscal year	2020	2021	2022	2023	2024
Operating cash flow	548M GBP	563M GBP	600M GBP	737M GBP	678M GBP
Capital spending	153M GBP	160M GBP	190M GBP	211M GBP	215M GBP
Free cash flow	395M GBP	403M GBP	410M GBP	526M GBP	463M GBP
Dividends paid	—	139M GBP	122M GBP	201M GBP	229M GBP
Net borrowing	338M GBP	-162M GBP	1.5B GBP	0 GBP	-369M GBP
Free cash flow margin	14.1%	13.6%	11.0%	9.8%	8.5%
Dividends per share	—	0.07 GBP	0.06 GBP	0.08 GBP	0.09 GBP

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Questions

What was Rentokil Initial's revenue in 2024?

5.4B GBP in fiscal 2024, from its 10-K filing.

How much free cash flow does Rentokil Initial generate?

463M GBP in fiscal 2024 (operating cash flow minus capital spending).

From Rentokil Initial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.