Pest Index Up 14% YOY in September

The 14% increase in September was above the long-term average index growth rate of 10%, William Blair/PCO Bookkeepers & M&A Specialists reported.

PCO Bookkeepers & M&A Specialists, William Blair Release September ‘25 Pest Index

PCO Bookkeepers & M&A Specialists

The total U.S. William Blair/PCO Bookkeepers & M&A Specialists Pest Index increased 14% year-over-year in September 2025, above the long-term average index growth rate of 10%.

After normalizing for one more workday in September, the Pest Index increased about 9% year-over-year. This level is near the year-to-date growth rate of 10%.

“Despite concerns around consumer confidence, slowing job growth and the government shutdown, the health of the pest control consumer remains robust,” said William Blair Equity Researcher Tim Mulrooney. “This is a testament to the high recurring revenue model and nondiscretionary nature of the service.”

Dan Gordon, managing member of PCO Bookkeepers & M&A Specialists, said, “It’s great to see that revenue growth accelerated across all business lines in September. The results are in line with the general positivity we’re hearing from industry members.”

The month’s results by segment include:

  • The Residential Pest Index increased 17% year-over-year.
  • The Commercial Pest Index increased 8% year-over-year.
  • The Termite Index increased 13% year-over-year.
  • The Bed Bug Index increased 7% year-over-year.
  • The Mosquito Index increased 14% year-over-year