Rentokil Initial
RTO · NYSEServices-Management Services · Fiscal year ends Dec 31
Net income was $470M. Operating cash flow of $972M less capital expenditure of $208M left free cash flow of $764M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Operating income | $727M | $644M | $584M |
| Interest expense | $232M | $250M | $250M |
| Pre-tax income | $566M | $462M | $390M |
| Income tax | $129M | $116M | $100M |
| Net income | $474M | $392M | $470M |
Balance sheet
| Fiscal year | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Cash & equivalents | $2B | $1.2B | $2.3B |
| Receivables | $1.1B | $1.1B | $1.2B |
| Inventory | $264M | $287M | $308M |
| Current assets | $3.4B | $2.6B | $3.9B |
| Net PP&E | $636M | $628M | $445M |
| Goodwill | – | $6.5B | $6.6B |
| Payables | $1.5B | $1.4B | $1.4B |
| Current liabilities | $3.3B | $3.2B | $3.3B |
| Shareholders' equity | $5.2B | $5.3B | $5.5B |
Cash flow
| Fiscal year | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Operating cash flow | $916M | $868M | $972M |
| Capital expenditure | $207M | $219M | $208M |
| Free cash flow | $709M | $649M | $764M |
Key ratios
| Fiscal year | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Operating income growth (YoY) | – | −11.4% | −9.3% |
| Return on equityBlank when equity is negative | 9.1% | 7.4% | 8.6% |
| Cash conversion (CFO ÷ net income) | 1.93x | 2.21x | 2.07x |
| Interest cover | 3.13x | 2.58x | 2.34x |
| Current ratio | 1.05x | 0.81x | 1.16x |
Recent filings
More in Services-Management Services
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.