The total U.S. William Blair/PCO Bookkeepers & M&A Specialists Pest Index increased 11 percent year-over-year in December 2024, accelerating from the 9 percent result in November. December’s results are slightly above the long-term average pest index growth rate of 10 percent.
“After normalizing for one more workday in December, the pest index ended the year on a soft note in December, growing only 6 to 7 percent year-over-year,” says William Blair Equity Researcher Tim Mulrooney. “This is below the strong result we observed in November and more in line with index performance in September and October.”
Dan Gordon, managing member of PCO Bookkeepers & M&A Specialists, adds, “From a data perspective, the index has consistently shown the resiliency of our industry.”
The month’s results by segment include:
- The Residential Pest Index increased 9 percent year-over-year.
- The Commercial Pest Index increased 13 percent year-over-year.
- The Termite Index increased 12 percent year-over-year.
- The Bed Bug Index increased 27 percent year-over-year.
- The Mosquito Index decreased 4 percent year-over-year.
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The William Blair/PCO Bookkeepers & M&A Specialists Pest Index tracks the monthly performance of 137 privately held pest control companies across 38 states with combined annual 2024 revenue of $530 million. The purpose of the report is to track the monthly performance of several U.S. pest markets. It does not include residential door-to-door companies. Learn more.
