Comparing the current results to its competitors, Terminix Global Holdings Inc reported Revenue increase in the 2 quarter 2022 by 4.46 % year on year. The revenue growth was below Terminix Global Holdings Inc's competitors' average revenue growth of 11.9 %, achieved in the same quarter.
Terminix Global Holdings inc. Net Income in the 2 quarter 2022 fell year on year by -96.3%, while most of its competitors have experienced a contraction in net income by -11.03 %.
Terminix Global Holdings Inc's Comment on Competition and Industry Peers
We compete in the residential and commercial termite and pest management markets. We compete with many other companies in the sale of our services and products. The principal methods of competition in our business include quality and speed of service, brand awareness and reputation, technology and systems, customer satisfaction, pricing and promotions, professional sales forces, contractor network and referrals. All of the primary market segments in which we operate are highly fragmented, with approximately 19,000 providers nationwide. While competition includes many smaller independent competitors that make up the majority of the pest control market, our larger, more recognizable competitors include Orkin, Inc. (a subsidiary of Rollins, Inc.), Ecolab, Inc., Rentokil and Anticimex International AB, all of which compete internationally.
Overall company revenue, grew less, than total company revenues, at 4.46 % and company approximately market share, declined to 11.99 %. << More on TMX Market Share.
*Market share is calculated based on total revenue.
Publicly Traded Peers of Terminix Global Holdings inc.
Ecolab Inc Share Performance
-3.85%
Over The Past 5 Days
Ecolab Inc
Profile
Ecolab Inc. operates a business model focused on delivering comprehensive solutions in water, hygiene, and energy management across various sectors. Through its three segments—Global Industrial, Global Institutional, and Global Energy—the company offers customized technologies and services that address specific industry needs to ensure operational efficiency, sustainability, and safety. By leveraging innovative products and expertise, Ecolab enhances resource conservation and improves overall productivity for its clients.
Rollins Inc is a global provider of pest control services with a business model focused on comprehensive pest management solutions. The company offers residential and commercial services through its subsidiaries, addressing various pest-related issues such as termite control, wildlife management, and sanitation. Rollins Inc excels in providing reliable and professional assistance, ensuring customer satisfaction and maintaining long-term relationships.
Sources:
Terminix Global Holdings inc.’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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