The Metronome item doesn't increase Rollout's power each time it executes. It only increases it each time it's selected in succession.
Here's the data. Golem holding a Metronome using Rollout against a Marowak:
13
24
47
99
?? (Marowak faints)
?? (Pidgey faints while I revive Marowak)
57 (critical hit)
58
105
?? (I swap in a Staraptor to take the hit)
16
32
66
127
?? (Marowak can't survive the hit)
Here's the data. Golem holding a Metronome using Rollout against a Marowak:
13
24
47
99
?? (Marowak faints)
?? (Pidgey faints while I revive Marowak)
57 (critical hit)
58
105
?? (I swap in a Staraptor to take the hit)
16
32
66
127
?? (Marowak can't survive the hit)