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U.S. Commercial Services Industry Analysis

UpdatedAug 09, 2026
DataAggregated Company Financials
Companies163
  • 7D0.1%
  • 3M7.4%
  • 1Y-9.2%
  • YTD0.6%

Over the last 7 days, the Commercial Services industry has remained flat, although notably Veralto gained 4.4%. As for the longer term, the industry has declined 9.2% in the last year. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 09 Aug 2026US$458.2bUS$154.6bUS$13.7b19.5x33.5x3x
Tue, 07 Jul 2026US$452.8bUS$151.9bUS$13.3b20.8x33.9x3x
Thu, 04 Jun 2026US$421.5bUS$152.3bUS$13.2b21.7x32x2.8x
Sat, 02 May 2026US$450.9bUS$150.6bUS$13.2b22.1x34.2x3x
Mon, 30 Mar 2026US$432.2bUS$150.0bUS$12.9b22x33.4x2.9x
Wed, 25 Feb 2026US$467.1bUS$150.2bUS$12.9b24.5x36.1x3.1x
Fri, 23 Jan 2026US$478.3bUS$149.2bUS$12.3b27x38.9x3.2x
Sun, 21 Dec 2025US$459.2bUS$149.1bUS$12.3b22.9x37.2x3.1x
Tue, 18 Nov 2025US$450.2bUS$151.9bUS$12.3b21.8x36.5x3x
Thu, 16 Oct 2025US$485.1bUS$144.3bUS$12.2b27.2x39.8x3.4x
Sat, 13 Sep 2025US$494.3bUS$146.4bUS$11.8b25.7x41.9x3.4x
Mon, 11 Aug 2025US$510.0bUS$147.4bUS$11.8b28.1x43.3x3.5x
Wed, 09 Jul 2025US$503.4bUS$145.2bUS$11.2b27.2x44.9x3.5x
Fri, 06 Jun 2025US$517.6bUS$145.1bUS$11.3b24.9x45.8x3.6x
Sun, 04 May 2025US$517.3bUS$145.0bUS$11.1b27.7x46.7x3.6x
Tue, 01 Apr 2025US$496.0bUS$145.5bUS$10.9b32.1x45.4x3.4x
Thu, 27 Feb 2025US$504.9bUS$151.3bUS$11.2b30.1x45x3.3x
Sat, 25 Jan 2025US$493.1bUS$149.6bUS$11.6b31.5x42.6x3.3x
Mon, 23 Dec 2024US$479.6bUS$149.4bUS$11.6b31.6x41.4x3.2x
Wed, 20 Nov 2024US$503.3bUS$149.3bUS$11.7b30.6x42.9x3.4x
Fri, 18 Oct 2024US$500.4bUS$151.0bUS$10.4b27.5x48x3.3x
Sun, 15 Sep 2024US$491.1bUS$151.0bUS$10.3b26.5x47.7x3.3x
Tue, 13 Aug 2024US$473.1bUS$150.9bUS$10.5b26.3x45.3x3.1x
Thu, 11 Jul 2024US$466.6bUS$150.1bUS$9.9b25.3x47.1x3.1x
Sat, 08 Jun 2024US$454.6bUS$150.1bUS$9.8b25.5x46.3x3x
Mon, 06 May 2024US$451.9bUS$150.2bUS$10.0b27.1x45.2x3x
Wed, 03 Apr 2024US$461.3bUS$149.2bUS$9.5b27.5x48.3x3.1x
Fri, 01 Mar 2024US$440.3bUS$149.9bUS$9.4b27.4x46.8x2.9x
Sun, 28 Jan 2024US$414.0bUS$150.5bUS$9.8b25.8x42.3x2.8x
Tue, 26 Dec 2023US$410.6bUS$150.2bUS$9.8b27.4x42x2.7x
Thu, 23 Nov 2023US$391.2bUS$150.0bUS$9.6b25.5x40.7x2.6x
Sat, 21 Oct 2023US$361.0bUS$147.8bUS$10.2b24.8x35.4x2.4x
Mon, 18 Sep 2023US$356.3bUS$140.0bUS$9.2b27.5x38.8x2.5x
Wed, 16 Aug 2023US$352.7bUS$139.6bUS$9.1b24.8x38.7x2.5x
Price to Earnings Ratio

38.7x


Total Market Cap: US$352.7bTotal Earnings: US$9.1bTotal Revenue: US$139.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Commercial Services Industry Price to Earnings3Y Average 41.7x202420252026
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 33.5x which is lower than its 3-year average PE of 41.7x.
  • 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 14% per year over the last three years.
  • Revenues for these companies have grown 3.4% 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 Market4.18%
Industrials3.85%
Commercial Services0.10%
Office Services and Supplies6.05%
Commercial Printing1.45%
Environmental and Facilities Services1.02%
Security and Alarm Services-0.47%
Diversified Support Services-2.30%
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 49.1x.
    • Analysts are expecting annual earnings growth of 15.3%, 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 32.4x.
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 roughly in line with its past earnings growth rate.
  • In contrast, the Security and Alarm Services industry is expected to see its earnings grow by 9.7% 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
VLTO VeraltoUS$98.344.4%
+US$1.0b		-8.7%PE24.3x
RSG Republic ServicesUS$214.561.9%
+US$922.4m		-8.8%PE30.1x
TTEK Tetra TechUS$35.446.9%
+US$583.8m		-3.9%PE20.8x
CPRT CopartUS$29.661.9%
+US$499.9m		-35.8%PE17.7x
WM Waste ManagementUS$227.680.5%
+US$451.7m		-3.2%PE31.9x

Latest News

RSG
US$214.56
Republic Services
7D
1.9%
1Y
-8.8%
Seeking Alpha • 22h

Republic Services: A Good Quarter And More Attractive Valuation

Summary Republic Services is rated Buy, trading at a ~10% discount with an 11.3% expected CAGR over 3-5 years. Q2 2026 saw revenue and EPS beat expectations, driven by core pricing strength and steady customer retention. Management raised 2026 guidance and continues aggressive M&A, while AI initiatives are enhancing pricing and routing. Dividend growth remains robust with a 7% increase, reinforcing RSG’s appeal for long-term, income-focused investors. Read the full article on Seeking Alpha
CXW
US$32.27
CoreCivic
7D
7.9%
1Y
57.4%
Narrative Update • Aug 08

CXW: Future Facility Sales And ICE Contracts Are Expected To Unlock Upside Potential

Analysts have lifted the CoreCivic fair value estimate from $36.40 to $39.60, citing higher price targets across the Street in the $35 to $45 range, supported by recent facility sales, capital structure changes, and new or expanded government contracts. Analyst Commentary Recent Street research on CoreCivic focuses on higher price targets tied to asset sales, capital structure decisions, and new government contracts.
WCN
US$166.71
Waste Connections
7D
-0.4%
1Y
-11.3%
Narrative Update • Aug 08

WCN: Earnings Resilience Lawsuit Overhang And Cash Generation Will Shape Fairly Valued Shares

Analysts have raised the central fair value estimate for Waste Connections from $162.00 to about $170.89. This reflects updated assumptions for slightly higher revenue growth, profit margins and future P/E multiples following recent price target increases across the Street.
BV
US$11.45
BrightView Holdings
7D
-12.2%
1Y
-24.6%
OPLN
US$36.98
OPENLANE
7D
-7.0%
1Y
32.2%
Analysis Article • Aug 07

OPENLANE, Inc. Just Recorded A 13% EPS Beat: Here's What Analysts Are Forecasting Next

OPENLANE, Inc. ( NYSE:OPLN ) investors will be delighted, with the company turning in some strong numbers with its...
ONT
US$16.51
Onterris
7D
-21.3%
1Y
-36.8%
Narrative Update • Aug 06

ONT: Board Review Will Unlock Future Upside For Environmental Services

Analysts have revised their price target on Onterris to $24.17 from $27.33, citing updated assumptions on revenue growth, profit margin potential, discount rate and future P/E levels. What’s in the News for Onterris On August 5, 2026, Onterris announced a Board led review of its business, portfolio, capital allocation, long range plan and potential corporate actions, including possible acquisition interest in the company and other transactions, with no set timetable and no assurance of any specific outcome.
WM
US$227.68
Waste Management
7D
0.5%
1Y
-3.2%
CPRT
US$29.66
Copart
7D
1.9%
1Y
-35.8%
Narrative Update • Aug 06

CPRT: Digital Scale And Buybacks Will Support Earnings Power Ahead

Analysts have trimmed their fair value estimate for Copart from $65 to $55. This reflects a slightly higher discount rate, more cautious assumptions on revenue growth and profit margins, and a lower future P/E multiple influenced by recent price target reductions and mixed views on the company’s competitive position and earnings outlook.
RBA
US$94.72
RB Global
7D
-13.7%
1Y
-17.0%
BCO
US$112.19
Brink's
7D
-5.3%
1Y
6.4%
TTEK
US$35.44
Tetra Tech
7D
6.9%
1Y
-3.9%
Analysis Article • Aug 05

Tetra Tech, Inc. Just Beat EPS By 6.3%: Here's What Analysts Think Will Happen Next

Tetra Tech, Inc. ( NASDAQ:TTEK ) investors will be delighted, with the company turning in some strong numbers with its...
CTAS
US$203.05
Cintas
7D
-0.8%
1Y
-10.3%
HNI
US$49.70
HNI
7D
10.4%
1Y
14.6%
ROL
US$37.74
Rollins
7D
-0.6%
1Y
-35.6%
Narrative Update • Aug 04

ROL: Residential Weakness And Leadership Turmoil Will Test Premium P/E Resilience

Rollins' analyst fair value estimate has moved from $46.00 to $32.00 as analysts factor in lower price targets, softer recent quarters, reduced revenue growth and margin assumptions, and a reset to the future P/E multiple following weaker Q2 results and increased uncertainty around residential trends and management transitions. Analyst Commentary Recent Street research on Rollins points to a more cautious stance as Q2 results, residential softness, and leadership changes filter through analyst models.
VLTO
US$98.34
Veralto
7D
4.4%
1Y
-8.7%
Analysis Article • Aug 03

Veralto Corporation (NYSE:VLTO) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a good week for Veralto Corporation ( NYSE:VLTO ) shareholders, because the company has just released its...
CLH
US$308.17
Clean Harbors
7D
-1.5%
1Y
29.9%
Narrative Update • Jul 31

CLH: New Contracts And Acquisitions Will Support Higher Future Share Price

Analysts have raised their price target for Clean Harbors to about $359 from roughly $326, citing updated assumptions for revenue growth, profit margins, the discount rate, and future P/E. These changes collectively support a higher fair value estimate.