Part 2 of The Power Ranking - Retention and connected portfolio: the final two measures, and the two where the comparison breaks down. Plus a fourth company that belongs on the board and isn't.

Five measures every operator tracks, applied to the three biggest pest control companies in the world. Part 1 covers revenue, growth and profitability. H1 2026.

Rentokil walked away from a target it was about to hit, because hitting it wouldn't have fixed the actual problem.

The problem is that four years after the biggest deal this industry has ever done, the recurring book in the biggest market on earth isn't growing in stops. Everything else in this release is a consequence of that or an attempt to fix it.

Ecolab's pest business grew 7% with margins through 20%. The filings show what its monitoring transition costs — and the one number nobody will disclose.

Chris Harkins says IPM needs a new version number. I agree — then ask the harder question: who would actually adopt it? Plus tariffs on monitoring hardware and what the Dutch already proved.

Rollins diagnosed itself, and the diagnosis is wrong in a specific way. They think demand went away. The evidence says demand was there and didn't reach them.

Introducing the second series in a new format.

Increasing infestation levels, elevated operational expenses and more frugal customer base are trajectories impacting pest control. Weather patterns suggest the traditional calendar is obsolete. Energy shocks make the traditional route model prohibitively expensive. They are both forcing the industry’s hand toward monitoring and precision. Different catalysts, one inevitable outcome.

A conversation with Dr Matt Freitag exploring the subject matter of PFAS, its potential impact on the pest control industry, but also understanding the broader aspects.

Revenue tells you how big a business is. Organic growth tells you how well it is actually performing. In this second and final episode of the series, we go under the hood — examining growth quality, cash generation, and the execution layer behind the numbers. We also ask the question that no financial metric can answer: does the culture exist to deliver the strategy? Four companies. One framework. You decide who is winning.

The global pest control market is worth $27 billion and growing fast. Four companies now control nearly half of global revenue — and 70% of the North American market. In this first episode, we introduce the four operators shaping the industry's future and tell their revenue stories.