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Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
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2024 U.S. Industry Statistics & Market Forecast - Exterminating and Pest Control Services
Market Size & Industry Statistics
The total U.S. industry market size for Exterminating and Pest Control Services:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
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Market Forecast ($ millions) | ||||||
Projected Industry Growth Rate (%) |
Industry Insights
The Exterminating & Pest Control Services industry has witnessed several trends in recent years. One key trend is an increased demand for environmentally friendly pest control solutions. Consumers are becoming more sensitive to the impact of pest control chemicals on their immediate environment and are, therefore, seeking services that are eco-friendly and non-toxic.Another trend is the use of technology to improve pest control services. Pest control operators are increasingly using digital tools to enhance their efficiency in identifying and controlling pests. Mobile devices, drones, and remote sensors can help track the location of pests and monitor their populations, resulting in more targeted and effective pest control approaches.
There is also an increasing emphasis on preventive pest control measures. Pest control service providers are focusing on educating consumers on pest prevention measures to avoid potential infestations. This approach helps reduce the need for reactive pest control measures, saving customers money and reducing the likelihood of health hazards associated with some pests.
Finally, there is a growing interest in exotic and Asian pest species management. As the global economy continues to expand, there is an increased introduction of non-native pests. The Exterminating & Pest Control Services industry is, therefore, adapting by developing new strategies to manage and control such pests. These strategies include using integrated pest management practices, monitoring and identifying pest arrivals, and continually educating customers on the risks associated with these exotic species.
Product & Services Breakdown
Research products and services in the Exterminating and Pest Control Services industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
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Industry Total |
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Pest Extermination And Control Services |
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Residential - Rodent |
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Residential - Insect |
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Residential - Other |
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Non-Residential - Rodent |
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Non-Residential - Insect |
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Non-Residential - Other |
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Commercial Landscaping Services |
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All Other Receipts |
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All Other Operating Receipts |
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) | |
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Total Revenue | Order at top of page |
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Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Exterminating and Pest Control Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Exterminating and Pest Control Services industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Exterminating and Pest Control Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
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Management Occupations | 6% | Order at top of page |
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Top Executives | 5% | |||
Chief Executives | 0% | |||
General and Operations Managers | 5% | |||
General and Operations Managers | 5% | |||
Building and Grounds Cleaning and Maintenance Occupations | 68% | |||
Building Cleaning and Pest Control Workers | 61% | |||
Pest Control Workers | 61% | |||
Pest Control Workers | 61% | |||
Sales and Related Occupations | 5% | |||
Sales Representatives, Services | 5% | |||
Miscellaneous Sales Representatives, Services | 5% | |||
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | 5% | |||
Office and Administrative Support Occupations | 18% | |||
Other Office and Administrative Support Workers | 6% | |||
Office Clerks, General | 6% | |||
Office Clerks, General | 6% |
Exterminating and Pest Control Services Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Exterminating and Pest Control Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Exterminating and Pest Control Services industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Exterminating and Pest Control Services industry. |
Innovation News
- Jan 11, 2024: Environmental Pest Management trademarks "PESTGENIUS" - Providing temporary use of non-downloadable web-based decentralized applications (DApps) for management of pest remediation and prevention services.
- Jan 11, 2024: Environmental Pest Management trademarks "PESTGENIUS" - Providing temporary use of non-downloadable web-based decentralized applications (DApps) for management of pest remediation and prevention services.
- Sep 29, 2023: Lookout Pest Control trademarks "LOOKOUT PEST CONTROL" - Pest control and extermination services; crawl space encapsulation services
- Sep 14, 2023: Pic patents Electrical Insect Eliminator Simulated Flame And Transparent Safety Cage
- Aug 24, 2023: Pic patents Wrist Band With Insect Repellant
- Jul 13, 2023: Pic patents Solar Powered Lighting Element With Simulated Flame And Electrical Insect Eliminator
Recent Federal Contracts for Exterminating and Pest Control Services- Feb 27, 2024: AMG COMPANY, INC. (San Clemente, CA) awarded $13,284
- Feb 27, 2024: ADVANCE PEST CONCEPTS SERVICES, INC. (Bountiful, UT) awarded $85,880
- Feb 26, 2024: BUCKEYE PEST MANAGEMENT INC (Saint Clairsville, OH) awarded $3,840
- Feb 26, 2024: PESTMASTER SERVICES INC (Reno, NV) awarded $41,790
- Feb 26, 2024: UNIVERSITY TERMITE & PEST CONTROL, INC. (Tucson, AZ) awarded $128,196
- Feb 23, 2024: INNOVATIVE PEST MANAGEMENT INC (Fulton, MD) awarded $8,547
- Feb 27, 2024: AMG COMPANY, INC. (San Clemente, CA) awarded $13,284
- Feb 27, 2024: ADVANCE PEST CONCEPTS SERVICES, INC. (Bountiful, UT) awarded $85,880
- Feb 26, 2024: BUCKEYE PEST MANAGEMENT INC (Saint Clairsville, OH) awarded $3,840
- Feb 26, 2024: PESTMASTER SERVICES INC (Reno, NV) awarded $41,790
- Feb 26, 2024: UNIVERSITY TERMITE & PEST CONTROL, INC. (Tucson, AZ) awarded $128,196
- Feb 23, 2024: INNOVATIVE PEST MANAGEMENT INC (Fulton, MD) awarded $8,547