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U.S. Commercial Services Industry Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies150
  • 7D-0.4%
  • 3M-4.9%
  • 1Y-8.1%
  • YTD-1.7%

Over the last 7 days, the Commercial Services industry has remained flat. Unfortunately though, the industry is down 8.3% over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the U.S. Commercial Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026US$447.0bUS$150.1bUS$13.0b23.5x34.5x3x
Thu, 19 Mar 2026US$462.8bUS$149.6bUS$12.9b22.8x35.9x3.1x
Sat, 14 Feb 2026US$469.0bUS$150.0bUS$13.1b25.7x35.7x3.1x
Mon, 12 Jan 2026US$468.1bUS$149.2bUS$12.3b26.6x38x3.1x
Wed, 10 Dec 2025US$449.7bUS$152.0bUS$12.3b23.5x36.4x3x
Fri, 07 Nov 2025US$446.0bUS$150.2bUS$12.4b22x35.9x3x
Sun, 05 Oct 2025US$493.1bUS$144.3bUS$12.2b29.8x40.4x3.4x
Tue, 02 Sep 2025US$502.1bUS$147.4bUS$11.7b29.5x42.7x3.4x
Thu, 31 Jul 2025US$511.8bUS$147.0bUS$11.4b29.4x45x3.5x
Sat, 28 Jun 2025US$503.7bUS$145.2bUS$11.2b26.6x44.9x3.5x
Mon, 26 May 2025US$518.9bUS$145.4bUS$11.1b25x46.6x3.6x
Wed, 23 Apr 2025US$493.5bUS$145.4bUS$10.8b28.2x45.6x3.4x
Fri, 21 Mar 2025US$491.2bUS$145.4bUS$10.9b29.7x45.1x3.4x
Sun, 16 Feb 2025US$505.9bUS$150.7bUS$11.4b31.2x44.5x3.4x
Tue, 14 Jan 2025US$478.1bUS$149.5bUS$11.6b32x41.3x3.2x
Thu, 12 Dec 2024US$509.5bUS$149.1bUS$11.6b32.6x43.9x3.4x
Sat, 09 Nov 2024US$505.8bUS$149.9bUS$11.6b29.1x43.8x3.4x
Mon, 07 Oct 2024US$488.3bUS$151.0bUS$10.4b26.2x46.8x3.2x
Wed, 04 Sep 2024US$496.1bUS$150.9bUS$10.4b28.6x47.7x3.3x
Fri, 02 Aug 2024US$475.0bUS$151.5bUS$10.4b26.8x45.9x3.1x
Sun, 30 Jun 2024US$466.8bUS$150.1bUS$9.9b26.2x47.3x3.1x
Tue, 28 May 2024US$458.5bUS$149.2bUS$9.9b26.7x46.4x3.1x
Thu, 25 Apr 2024US$452.2bUS$149.2bUS$9.5b27.5x47.7x3x
Sat, 23 Mar 2024US$456.1bUS$149.1bUS$9.4b28.4x48.3x3.1x
Mon, 19 Feb 2024US$427.5bUS$147.8bUS$9.3b28.8x45.8x2.9x
Wed, 17 Jan 2024US$407.8bUS$150.3bUS$9.8b25.9x41.7x2.7x
Fri, 15 Dec 2023US$410.3bUS$150.2bUS$9.7b27.2x42.4x2.7x
Sun, 12 Nov 2023US$382.2bUS$149.5bUS$9.5b25.1x40.4x2.6x
Tue, 10 Oct 2023US$350.2bUS$140.0bUS$9.2b26x38x2.5x
Thu, 07 Sep 2023US$352.0bUS$139.8bUS$9.0b26x38.9x2.5x
Sat, 05 Aug 2023US$354.4bUS$138.6bUS$9.0b24.1x39.6x2.6x
Mon, 03 Jul 2023US$369.2bUS$136.9bUS$7.1b27.1x51.8x2.7x
Wed, 31 May 2023US$343.4bUS$137.0bUS$7.1b23.2x48.6x2.5x
Fri, 28 Apr 2023US$335.3bUS$134.9bUS$7.6b22.2x44.1x2.5x
Price to Earnings Ratio

44.1x


Total Market Cap: US$335.3bTotal Earnings: US$7.6bTotal Revenue: US$134.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Commercial Services Industry Price to Earnings3Y Average 42.9x202420252026
Current Industry PE
  • Investors are pessimistic on the American Commercial Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 34.5x which is lower than its 3-year average PE of 42.9x.
  • The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 3.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market3.58%
Industrials1.16%
Commercial Services-0.36%
Security and Alarm Services4.50%
Office Services and Supplies3.40%
Diversified Support Services1.85%
Commercial Printing-1.15%
Environmental and Facilities Services-1.70%
Industry PE
  • Investors are most optimistic about the Diversified Support Services industry even though it's trading below its 3-year average PE ratio of 57.4x.
    • Analysts are expecting annual earnings growth of 14.2%, which is higher than its past year's earnings growth of 7.1% per year.
  • Investors are most pessimistic about the Security and Alarm Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Security and Alarm Services industry, expecting annual earnings growth of 20% over the next 5 years.
  • However this is lower than its past earnings growth rate of 69% per year.
  • In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CTAS CintasUS$178.691.7%
+US$1.2b		-10.8%PE37x
CPRT CopartUS$33.761.5%
+US$491.3m		-42.5%PE20.9x
BCO Brink'sUS$113.916.6%
+US$291.0m		30.9%PE23.4x
RBA RB GlobalUS$104.521.5%
+US$278.9m		10.1%PE50.8x
PBI Pitney BowesUS$13.1914.0%
+US$232.5m		68.9%PE13.1x

Latest News

CWST
US$79.54
Casella Waste Systems
7D
-6.3%
1Y
-30.6%
WCN
US$159.88
Waste Connections
7D
-1.1%
1Y
-17.8%

WCN: Future Returns Will Rely On Premium P/E And Quality EBITDA Execution

Analysts have made a small upward adjustment to the fair value estimate for Waste Connections, with the updated price target moving from about $198.84 to roughly $199.16. This reflects recent research that highlights quality-driven EBITDA growth potential and a premium valuation stance within the waste group.
CTAS
US$178.69
Cintas
7D
1.7%
1Y
-10.8%
PBI
US$13.19
Pitney Bowes
7D
14.0%
1Y
68.9%

PBI: Buybacks And 2026 Outlook Will Shape Fairly Valued Shares

Analysts have nudged the Pitney Bowes fair value estimate slightly higher to $12.70 from $12.50, citing updated assumptions around discount rates, profit margins, and a higher future P/E multiple. This comes alongside recent Street price target increases to $9.50 that continue to lean on buybacks while flagging the need for clearer operating improvement.
YOOV
US$1.66
Concorde International Group
7D
-18.6%
1Y
n/a
CPRT
US$33.76
Copart
7D
1.5%
1Y
-42.5%

CPRT: Fee Rate Competition Reset Will Support Future Share Price Upside

Narrative Update Analysts have trimmed their average price target for Copart to $42.67, reflecting recently lowered targets to $34 and $32 as they factor in spreading competitive pressure on fee rates and a fiscal Q2 that missed expectations. Analyst Commentary Recent research highlights a more cautious stance on Copart, with price targets reset lower as analysts reassess how competitive fee pressure and the latest earnings print may affect execution and valuation.
BCO
US$113.91
Brink's
7D
6.6%
1Y
30.9%
VSTS
US$10.19
Vestis
7D
15.4%
1Y
31.3%

VSTS: Reaffirmed 2026 Guidance Will Limit Upside Despite Higher Market Expectations

Analysts have raised the primary price target on Vestis by $1 to $6, citing updated views on fair value, discount rate, revenue growth expectations, profit margins and future P/E assumptions. Analyst Commentary Recent Street research on Vestis points to a mixed tone, with several firms lifting price targets but still signaling caution on the shares.
VLTO
US$90.29
Veralto
7D
-0.6%
1Y
3.5%
HNI
US$37.85
HNI
7D
7.5%
1Y
-6.6%

HNI: Manufacturing Consolidation And Merger Synergies Will Support Future Earnings Power

Analysts have nudged their HNI price target slightly higher to $72.00, reflecting updated inputs for the discount rate, long term revenue growth, profit margin and future P/E. These inputs keep their fair value view essentially unchanged.
BRC
US$82.86
Brady
7D
-2.6%
1Y
24.3%

BRC: Future Upside Will Rely On Ongoing Buybacks And Firm Earnings Guidance

Analysts kept their $101 price target for Brady unchanged, citing consistent assumptions regarding the discount rate, revenue growth, profit margins and future P/E as the basis for maintaining their view. What's in the News Brady repurchased 65,747 shares of its stock between November 1, 2025 and January 31, 2026, representing 0.14% of shares, for a total of US$4.91 million under its existing buyback program (company disclosure).
RSG
US$208.45
Republic Services
7D
-2.4%
1Y
-12.6%

RSG: Recycling Automation And Share Repurchases Will Support Future Upside

Analysts have left their $245.46 price target on Republic Services unchanged, citing only small tweaks to assumptions around the discount rate, revenue growth, profit margin, and future P/E that do not materially alter their overall view of the stock. What's in the News Republic Services opened its upgraded 54,000 square foot Peabody Recycling Center in Massachusetts, featuring automated sorting equipment, AI powered technology, enhanced safety systems, expanded processing capacity of 35 to 40 tons per hour, and cleaner material output for end markets.
RBA
US$104.52
RB Global
7D
1.5%
1Y
10.1%
TTEK
US$31.73
Tetra Tech
7D
2.2%
1Y
5.8%

TTEK: Lower Discount Rate And Higher Margin Assumptions Will Support Future Upside

Analysts have increased their price target on Tetra Tech by $2, citing updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions reflected in recent research. Analyst Commentary Analysts lifting their price target by $2 are signaling an updated view of where Tetra Tech’s shares might sit relative to their assessment of fair value.
LNZA
US$24.49
LanzaTech Global
7D
-28.0%
1Y
53.1%
WM
US$224.18
Waste Management
7D
-3.0%
1Y
-1.5%