Rentokil Initial plc (RTO)

Rentokil Initial Income Statement

Financials in millions GBP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	5,410	5,375	3,714	2,957	2,803	2,714
Revenue Growth (YoY)	12.40%	44.72%	25.60%	5.49%	3.26%	9.79%
Cost of Revenue	946	927	721	596	589	568.3
Gross Profit	4,464	4,448	2,993	2,361	2,214	2,146
Selling, General & Admin	2,870	2,870	2,002	1,601	1,497	1,516
Other Operating Expenses	512	500	258	173	181	115.3
Operating Expenses	3,733	3,721	2,510	1,993	1,911	1,853
Operating Income	731	727	483	368	303	293.6
Interest Expense	-183	-175	-74	-34	-40	-58.4
Interest & Investment Income	32	25	5	1	5	13.3
Earnings From Equity Investments	6	9	9	8	8	15.2
Currency Exchange Gain (Loss)	11	11	-	-	-	-3.1
Other Non Operating Income (Expenses)	-13	-13	17	-	-34	1.4
EBT Excluding Unusual Items	584	584	440	343	242	262
Merger & Restructuring Charges	-91	-95	-135	-19	-15	-7.7
Impairment of Goodwill	-3	-3	-22	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	103.8
Asset Writedown	-1	-1	-8	-	-	-5
Other Unusual Items	17	8	21	1	3	-14.6
Pretax Income	506	493	296	325	230	338.5
Income Tax Expense	114	112	64	62	44	54.7
Earnings From Continuing Operations	392	381	232	263	186	283.8
Net Income to Company	392	381	232	263	186	283.8
Net Income	392	381	232	263	186	283.8
Net Income to Common	392	381	232	263	186	283.8
Net Income Growth	33.79%	64.22%	-11.79%	41.40%	-34.46%	-
Shares Outstanding (Basic)	2,520	2,516	2,002	1,858	1,853	1,849
Shares Outstanding (Diluted)	2,529	2,527	2,014	1,866	1,863	1,861
Shares Change (YoY)	7.85%	25.47%	7.93%	0.16%	0.13%	1.05%
EPS (Basic)	0.16	0.15	0.12	0.14	0.10	0.15
EPS (Diluted)	0.16	0.15	0.12	0.14	0.10	0.15
EPS Growth	24.34%	30.93%	-18.37%	41.28%	-34.51%	-
Free Cash Flow	542	570	447	435	418	322.8
Free Cash Flow Per Share	0.21	0.23	0.22	0.23	0.22	0.17
Dividend Per Share	0.091	0.087	0.075	0.064	0.054	0.015
Dividend Growth	15.06%	14.97%	18.15%	18.11%	258.28%	-66.23%
Gross Margin	82.51%	82.75%	80.59%	79.84%	78.99%	79.06%
Operating Margin	13.51%	13.53%	13.00%	12.45%	10.81%	10.82%
Profit Margin	7.25%	7.09%	6.25%	8.89%	6.64%	10.46%
Free Cash Flow Margin	10.02%	10.60%	12.04%	14.71%	14.91%	11.89%
EBITDA	1,052	1,045	714	570	517	501.1
EBITDA Margin	19.45%	19.44%	19.22%	19.28%	18.44%	18.46%
D&A For EBITDA	321	318	231	202	214	207.5
EBIT	731	727	483	368	303	293.6
EBIT Margin	13.51%	13.53%	13.00%	12.45%	10.81%	10.82%
Effective Tax Rate	22.53%	22.72%	21.62%	19.08%	19.13%	16.16%

Source: S&P Capital IQ. Standard template. Financial Sources.