Pest Index Increased 11% in June, PCO M&A Specialists, William Blair Report

The total U.S. pest index increased 11.6 percent year-over-year in June. This marks a deceleration from May 2021, which was up 15 percent year-over-year, according to the June Pest Index from PCO M&A Specialists and William Blair.

The deceleration in June is due to more difficult comparisons with last year. Specifically, the total pest index decreased 5 percent in May 2020, due to the COVID-19 pandemic, and increased 10 percent in June 2020. 

“Taking into account this 15-percentage-point swing, we view the June 2021 results as positive and indicative of continued strength across the U.S. pest control market,” said William Blair Equity Researcher Tim Mulrooney. “Growth of (nearly) 12 percent year-over-year in June remains well above the long-term historical average monthly growth trend of 8-9 percent.”

On a sequential basis from May 2021 to June 2021, the index increased 5.6 percent year-over-year. 

The Residential Pest Index increased 8.8 percent year-over-year and 5.8 percent on a sequential basis. The Commercial Pest Index increased 17.7 percent year-over-year and 6.7 percent on a sequential basis. The Wood Destroying (Termite) Index increased 10.9 percent year-over-year and 1.7 percent on a sequential basis. The Bed Bug Index increase 1 percent year-over-year and 27.6 percent on a sequential basis.

View the full June report and the archive of past reports at SellMyPCOBusiness.com.