Rentokil Initial's 2026 Outlook: Global Route Density Drives Recurring Revenue Expansion

Rentokil Initial, the world's largest pest control and hygiene services provider, has a Superscore of 72 out of 100. While the company benefits from global scale, recurring revenue model, and strong cash conversion (96% in H1 2026), it faces headwinds from Terminix acquisition integration costs, termite litigation expenses ($47M provision increase), and heavy dependence on manual labor. Trading at a P/E of 21 with 4% revenue growth in 2025, the stock has declined 29% over the past year but could potentially double in five years if operational issues are resolved.