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U.S. Commercial Services Industry Analysis

UpdatedJun 20, 2026
DataAggregated Company Financials
Companies157
  • 7D-1.6%
  • 3M-4.0%
  • 1Y-14.1%
  • YTD-6.1%

Over the last 7 days, the Commercial Services industry has dropped 1.6%, driven by declines in Cintas and Waste Management of 3.1% and 2.2%, respectively. The industry has fallen 14% in the last year. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Jun 2026US$428.1bUS$152.5bUS$13.1b21.8x32.6x2.8x
Mon, 18 May 2026US$434.4bUS$152.2bUS$13.3b21.8x32.7x2.9x
Wed, 15 Apr 2026US$449.1bUS$150.1bUS$13.0b23.3x34.6x3x
Fri, 13 Mar 2026US$468.1bUS$150.7bUS$12.8b22.6x36.5x3.1x
Sun, 08 Feb 2026US$481.3bUS$149.5bUS$12.6b26.1x38.1x3.2x
Tue, 06 Jan 2026US$459.4bUS$149.1bUS$12.3b25x37.3x3.1x
Thu, 04 Dec 2025US$458.0bUS$152.0bUS$12.3b23x37.1x3x
Sat, 01 Nov 2025US$445.4bUS$145.6bUS$12.1b22.3x36.9x3.1x
Mon, 29 Sep 2025US$482.5bUS$146.7bUS$11.8b28x40.9x3.3x
Wed, 27 Aug 2025US$500.8bUS$147.4bUS$11.7b29.8x42.6x3.4x
Fri, 25 Jul 2025US$503.8bUS$145.7bUS$11.3b29.8x44.8x3.5x
Sun, 22 Jun 2025US$504.5bUS$145.1bUS$11.3b25.3x44.7x3.5x
Tue, 20 May 2025US$524.7bUS$145.3bUS$11.1b25.8x47.2x3.6x
Thu, 17 Apr 2025US$505.4bUS$145.4bUS$10.9b28.2x46.3x3.5x
Sat, 15 Mar 2025US$476.8bUS$145.4bUS$10.9b28.9x43.8x3.3x
Mon, 10 Feb 2025US$500.1bUS$150.1bUS$11.6b32.9x43.1x3.3x
Wed, 08 Jan 2025US$472.9bUS$149.5bUS$11.6b31.5x40.9x3.2x
Fri, 06 Dec 2024US$525.2bUS$149.1bUS$11.6b32.1x45.2x3.5x
Sun, 03 Nov 2024US$485.0bUS$152.3bUS$11.5b27.4x42.1x3.2x
Tue, 01 Oct 2024US$484.6bUS$151.0bUS$10.4b26.9x46.5x3.2x
Thu, 29 Aug 2024US$492.0bUS$150.9bUS$10.4b30x47.2x3.3x
Sat, 27 Jul 2024US$464.5bUS$151.3bUS$10.3b27.7x45x3.1x
Mon, 24 Jun 2024US$465.3bUS$150.1bUS$9.8b25.4x47.3x3.1x
Wed, 22 May 2024US$458.8bUS$149.3bUS$10.1b27.3x45.4x3.1x
Fri, 19 Apr 2024US$444.1bUS$149.2bUS$9.5b26.7x46.7x3x
Sun, 17 Mar 2024US$448.3bUS$149.1bUS$9.5b28.1x47.4x3x
Tue, 13 Feb 2024US$417.4bUS$147.2bUS$9.3b27.4x44.7x2.8x
Thu, 11 Jan 2024US$403.8bUS$150.3bUS$9.8b25.2x41.3x2.7x
Sat, 09 Dec 2023US$395.0bUS$150.1bUS$9.7b26.7x40.8x2.6x
Mon, 06 Nov 2023US$376.9bUS$148.7bUS$9.4b25x40x2.5x
Wed, 04 Oct 2023US$340.4bUS$140.0bUS$9.2b23.8x36.9x2.4x
Fri, 01 Sep 2023US$352.7bUS$139.8bUS$9.0b26.2x39.1x2.5x
Sun, 30 Jul 2023US$359.5bUS$137.2bUS$9.0b24.6x40.1x2.6x
Tue, 27 Jun 2023US$356.6bUS$136.8bUS$7.1b25.5x50.1x2.6x
Price to Earnings Ratio

50.1x


Total Market Cap: US$356.6bTotal Earnings: US$7.1bTotal Revenue: US$136.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Commercial Services Industry Price to Earnings3Y Average 42.1x202420252026
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 32.6x which is lower than its 3-year average PE of 42.1x.
  • 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 23% per year over the last three years.
  • Revenues for these companies have grown 3.7% 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 Market1.40%
Industrials2.54%
Commercial Services-1.57%
Office Services and Supplies2.92%
Commercial Printing1.12%
Security and Alarm Services1.03%
Diversified Support Services-1.55%
Environmental and Facilities Services-1.95%
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 51.0x.
    • Analysts are expecting annual earnings growth of 15.5%, which is higher than its past year's earnings growth of 5.0% per year.
  • Investors are most pessimistic about the Commercial Printing industry, which is trading below its 3-year average of 32.6x.
Forecasted Growth
  • Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 6.9% 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
RBA RB GlobalUS$110.572.7%
+US$547.7m		5.5%PE51x
CXW CoreCivicUS$28.906.6%
+US$178.0m		41.0%PE22.1x
MSA MSA SafetyUS$164.392.8%
+US$173.7m		-0.3%PE21.8x
VLTO VeraltoUS$84.020.8%
+US$162.1m		-13.1%PE21.3x
HNI HNIUS$34.865.3%
+US$126.7m		-24.9%PE2509.7x

Latest News

ACVA
US$6.48
ACV Auctions
7D
7.8%
1Y
-58.6%
Analysis Article • 7h

ACV Auctions (ACVA) Stock Could Be 30.6% Undervalued After Institutional Ownership Pullback

Institutional investors reassess exposure to ACV Auctions stock A sharp quarter over quarter pullback in institutional ownership has put ACV Auctions (ACVA) on watch for many investors, as large holders adjust positions and overall fund participation shifts. See our latest analysis for ACV Auctions. ACV Auctions' recent momentum is mixed, with a 90 day share price return of 37.58% and a 30 day gain of 9.83%, set against a year to date share price decline of 21.83% and a 1 year total...
CPRT
US$30.23
Copart
7D
-1.7%
1Y
-37.0%
Analysis Article • 14h

Copart (CPRT) Stock Could Be 31% Overvalued After Fund Exit Over Weaker Fundamentals

Renaissance Investment Management recently exited its position in Copart (CPRT), citing deteriorating fundamentals as rising automotive insurance costs lead some consumers to drop collision coverage and reduce the supply of damaged vehicles entering Copart’s auctions. See our latest analysis for Copart. Despite the recent exit by Renaissance Investment Management, Copart’s share price has softened, with the 30 day share price return down 12.12% and the year to date share price return down...
WCN
US$153.97
Waste Connections
7D
-1.4%
1Y
-17.1%
Analysis Article • 22h

Waste Connections (WCN) Stock Could Be 24.5% Undervalued After Focus On Workforce Efficiency

Recent commentary from Sustainable Growth Advisers has put Waste Connections (WCN) in focus, as investors weigh the company’s emphasis on labor management, safety, and human capital development through programs like its Driver Academy and Commercial Driver License training. See our latest analysis for Waste Connections. Despite the recent spotlight on its workforce programs, Waste Connections’ share price has softened, with the stock down 2.16% on a 1 month share price return and 11.57% year...
TTEK
US$27.36
Tetra Tech
7D
-3.8%
1Y
-22.3%
Narrative Update • Jun 18

TTEK: Future Premium P/E Will Depend On Long Term Infrastructure Backlog

Analysts modestly adjusted their Tetra Tech price target by $1, reflecting updated assumptions around discount rates, revenue growth, profit margins, and future P/E that they see as better aligning the stock with current research views. Analyst Commentary Recent research on Tetra Tech stock reflects a mix of optimism and caution, with the $1 price target adjustment capturing both supportive and more reserved views on valuation, execution, and growth assumptions.
BRC
US$85.31
Brady
7D
3.2%
1Y
27.9%
Narrative Update • Jun 18

BRC: Future Upside Will Rely On New CEO And Firm Earnings Guidance

Analysts have kept their average price target for Brady broadly unchanged at $101.50, citing stable fair value estimates and only slight adjustments to long term P/E assumptions, rather than any major shift in the outlook. What’s in the News for Brady Brady Corporation appointed Vineet Nargolwala as CEO effective June 8, 2026, succeeding retiring CEO Russell Shaller.
WM
US$214.60
Waste Management
7D
-2.2%
1Y
-7.5%
Seeking Alpha • Jun 17

Waste Management: Shares Won't Make You Rich, But They Do Offer Opportunity

Summary Waste Management earns a reaffirmed "Buy" rating for its high quality, low-risk profile, and attractive relative valuation. WM delivered broad-based revenue and margin growth, driven primarily by price increases and efficiency improvements across core and ancillary operations. Renewable Energy and recycling segments are expanding rapidly, with targeted fixed-price sales growth of 70%–90% this year and significant cost reductions. WM’s capital returns are robust, with increased dividends and resumed share buybacks, while leverage remains moderate and growth prospects are solid. Read the full article on Seeking Alpha
CTAS
US$170.85
Cintas
7D
-3.1%
1Y
-21.9%
Analysis Article • Jun 17

Cintas (CTAS) Stock Could Be 16.8% Undervalued After Earnings Guidance Disappointed

Cintas (CTAS) recently reported quarterly revenue that exceeded analyst estimates and was up 8.9% year on year, but the stock fell after full-year EPS guidance matched expectations. See our latest analysis for Cintas. Despite the earnings beat, Cintas shares are trading at US$176.71 and have slipped over the year to date. The 1-year total shareholder return of a 19.07% decline contrasts with 3-year and 5-year total shareholder returns of 49.19% and 97.05%, suggesting that longer term momentum...
RBA
US$110.57
RB Global
7D
2.7%
1Y
5.5%
Narrative Update • Jun 16

RBA: Expanding Global Marketplaces And Contracts Will Support Stronger Outlook

Analysts have adjusted their price target for RB Global to $127.73 from $124.20. The revision reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.
MSA
US$164.39
MSA Safety
7D
2.8%
1Y
-0.3%
Seeking Alpha • Jun 15

MSA Safety: A Recipe For Growth

Summary MSA Safety is a Dividend King with a 56-year streak, robust cash flow, and a disciplined growth strategy via innovation and bolt-on M&A. Recent Q1 2026 results showed 10% revenue growth and 18% non-GAAP EPS growth, beating consensus and supporting a positive outlook. MSA trades at ~18x 2026E EPS, below its 5-year average, with a fair value estimate of $177.60 versus a current price of ~$159.89, indicating undervaluation. Dividend safety is excellent with a conservative 24% payout ratio, strong free cash flow, and anticipated 1–3% annual dividend growth. Read the full article on Seeking Alpha
VLTO
US$84.02
Veralto
7D
0.8%
1Y
-13.1%
Narrative Update • Jun 12

VLTO: Share Repurchases And Infrastructure Exposure Will Support Future Upside

Narrative Update: Veralto The updated analyst price target for Veralto reflects a modest revision, with recent $1 to $8 price target changes in both directions as analysts reassess the stock using largely unchanged assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research on Veralto shows a mix of higher and lower price targets, with analysts focusing on how the stock is pricing in its execution, growth profile, and risk level rather than changing their underlying frameworks.
CXW
US$28.90
CoreCivic
7D
6.6%
1Y
41.0%
GEO
US$29.28
GEO Group
7D
3.0%
1Y
25.8%
Narrative Update • Jun 11

GEO: ICE Detention Exposure And Political Ties Will Drive Future Upside Potential

Analysts have adjusted their price target on GEO Group to $33.00, reflecting updated views on discount rate assumptions, revenue growth expectations, profit margins, and a higher future P/E multiple. What's in the News Watchdog group alleges GEO Group illegally directed US$250,000 to a political network tied to Rep.
HNI
US$34.86
HNI
7D
5.3%
1Y
-24.9%
Narrative Update • Jun 08

HNI: Margin Strength And Dividend Support Will Drive Future Earnings Upside

Analysts have reduced their price target on HNI by $10 to $69, citing updated assumptions related to discount rates, growth, margins, and future P/E expectations. What's in the News The Board of Directors declared a quarterly dividend of US$0.35 per share on common stock, payable June 10, 2026, to shareholders of record as of May 29, 2026.
BCO
US$97.67
Brink's
7D
-4.2%
1Y
13.4%
Narrative Update • Jun 06

BCO: Record Free Cash Flow Will Support Future Cash And Digital Service Mix

Analysts have kept Brink's fair value estimate steady at $153, with only small technical adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding the refreshed price target narrative. What's in the News Brink's reported Q1 revenue growth of 10.3% year on year, supported by demand in its higher margin AMS, DRS, and global services segments.
ROL
US$44.96
Rollins
7D
-4.7%
1Y
-20.4%
Narrative Update • Jun 05

ROL: Acquisition Track Record And CFO Transition Will Support Future Upside

Analysts trimmed their price expectations for Rollins, with the target easing by about $1 in light of reduced confidence in the company's margin improvement path following the recent CFO change and mixed views on the achievability of prior incremental EBITDA goals. Analyst Commentary Recent research on Rollins shows a split view, with some analysts focusing on execution risks around profitability targets and leadership changes, while others see support for the stock from prior target increases and neutral initiations.
RSG
US$204.94
Republic Services
7D
-2.4%
1Y
-17.4%
Narrative Update • Jun 04

RSG: Electric Fleets And AI Recycling Investments Will Support Future Upside

Analysts have maintained their price target for Republic Services at $243.58, citing only minimal shifts in the discount rate, revenue growth expectations, profit margin assumptions, and future P/E estimates that do not materially change their overall valuation view. What's in the News Q1 2026 results: Republic Services reported revenue of US$4.11b, up 2.6% year over year, adjusted EPS of US$1.70 that was 3.8% above consensus, and adjusted EBITDA margin of 32.1%, a 50 basis point expansion, supported by pricing, cost management and fuel recovery fees, despite lower volumes, commodity pressure and severe weather impacts.