Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Commercial Services Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies150
  • 7D-0.7%
  • 3M-6.1%
  • 1Y-9.8%
  • YTD-2.1%

The Commercial Services industry has stayed flat over the last week. Unfortunately though, the industry is down 9.8% over the past 12 months. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026US$447.4bUS$150.1bUS$13.0b23.1x34.5x3x
Sat, 14 Mar 2026US$463.8bUS$149.8bUS$12.9b22.6x36x3.1x
Mon, 09 Feb 2026US$481.3bUS$149.5bUS$12.6b26.1x38.1x3.2x
Wed, 07 Jan 2026US$459.3bUS$149.1bUS$12.3b25.6x37.3x3.1x
Fri, 05 Dec 2025US$459.2bUS$152.1bUS$12.3b23.1x37.2x3x
Sun, 02 Nov 2025US$443.0bUS$145.7bUS$12.1b22.3x36.6x3x
Tue, 30 Sep 2025US$482.5bUS$146.7bUS$11.8b27.8x40.9x3.3x
Thu, 28 Aug 2025US$504.0bUS$147.4bUS$11.7b29.8x42.9x3.4x
Sat, 26 Jul 2025US$507.8bUS$145.7bUS$11.3b29.9x45.1x3.5x
Mon, 23 Jun 2025US$502.6bUS$145.1bUS$11.3b25.3x44.5x3.5x
Wed, 21 May 2025US$527.9bUS$145.3bUS$11.1b26x47.5x3.6x
Fri, 18 Apr 2025US$500.9bUS$145.4bUS$10.9b27.9x45.9x3.4x
Sun, 16 Mar 2025US$482.3bUS$145.4bUS$10.9b28.9x44.3x3.3x
Tue, 11 Feb 2025US$500.1bUS$150.1bUS$11.6b33x43.1x3.3x
Thu, 09 Jan 2025US$475.1bUS$149.5bUS$11.6b31.6x41.1x3.2x
Sat, 07 Dec 2024US$520.8bUS$149.1bUS$11.6b32.1x44.9x3.5x
Mon, 04 Nov 2024US$485.0bUS$152.3bUS$11.5b27.4x42.1x3.2x
Wed, 02 Oct 2024US$489.8bUS$151.0bUS$10.4b26.6x47x3.2x
Fri, 30 Aug 2024US$492.1bUS$150.9bUS$10.4b29.6x47.3x3.3x
Sun, 28 Jul 2024US$466.7bUS$151.3bUS$10.3b27.7x45.3x3.1x
Tue, 25 Jun 2024US$465.3bUS$150.0bUS$9.9b25.8x47.1x3.1x
Thu, 23 May 2024US$459.3bUS$149.3bUS$10.1b27.1x45.4x3.1x
Sat, 20 Apr 2024US$444.1bUS$149.2bUS$9.5b26.7x46.7x3x
Mon, 18 Mar 2024US$448.3bUS$149.1bUS$9.5b28.1x47.4x3x
Wed, 14 Feb 2024US$419.0bUS$147.5bUS$9.3b27.6x44.9x2.8x
Fri, 12 Jan 2024US$406.5bUS$150.3bUS$9.8b25x41.6x2.7x
Sun, 10 Dec 2023US$394.5bUS$150.1bUS$9.7b26.7x40.8x2.6x
Tue, 07 Nov 2023US$377.0bUS$148.7bUS$9.4b24.6x40x2.5x
Thu, 05 Oct 2023US$340.4bUS$140.0bUS$9.2b24.5x37x2.4x
Sat, 02 Sep 2023US$354.8bUS$139.8bUS$9.0b26.4x39.3x2.5x
Mon, 31 Jul 2023US$359.8bUS$137.2bUS$9.0b24.6x40.1x2.6x
Wed, 28 Jun 2023US$360.9bUS$136.8bUS$7.1b25.6x50.7x2.6x
Fri, 26 May 2023US$343.5bUS$136.9bUS$7.1b24.3x48.5x2.5x
Sun, 23 Apr 2023US$340.6bUS$134.6bUS$7.6b23.6x44.9x2.5x
Price to Earnings Ratio

44.9x


Total Market Cap: US$340.6bTotal Earnings: US$7.6bTotal Revenue: US$134.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Commercial Services Industry Price to Earnings3Y Average 43x202420252026
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 43.0x.
  • 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 20% 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 Market3.42%
Industrials0.93%
Commercial Services-0.69%
Diversified Support Services1.55%
Security and Alarm Services0.49%
Office Services and Supplies0.34%
Commercial Printing-0.26%
Environmental and Facilities Services-1.81%
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 57.8x.
    • 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 19% 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$176.461.1%
+US$748.2m		-13.8%PE36.6x
RBA RB GlobalUS$103.743.9%
+US$730.7m		7.4%PE50.5x
VLTO VeraltoUS$92.322.0%
+US$454.3m		3.3%PE24.1x
TTEK Tetra TechUS$31.662.3%
+US$187.8m		6.1%PE23.5x
CPRT CopartUS$33.360.6%
+US$183.0m		-43.9%PE20.6x

Latest News

CLH
US$296.00
Clean Harbors
7D
-2.2%
1Y
44.6%
ROL
US$54.38
Rollins
7D
-0.6%
1Y
-1.1%

ROL: Mixed Weather And M&A Signals Will Test Premium P/E Expectations

Analyst price targets on Rollins have been nudged lower by a few dollars, reflecting recent target cuts from firms such as UBS, Morgan Stanley and others, as analysts balance expectations for stable revenue and earnings performance with softer quarterly trends and more neutral ratings. Analyst Commentary Recent research on Rollins has shifted toward a more balanced and, in some cases, cautious stance.
CTAS
US$176.46
Cintas
7D
1.1%
1Y
-13.8%
VLTO
US$92.32
Veralto
7D
2.0%
1Y
3.3%
CWST
US$81.54
Casella Waste Systems
7D
-6.0%
1Y
-30.9%
CPRT
US$33.36
Copart
7D
0.6%
1Y
-43.9%

Copart: A Wonderful Company At A Wonderful Price

Apr 13
MSA
US$165.89
MSA Safety
7D
-3.2%
1Y
16.4%

MSA: NFPA Recovery And Recurring Revenue Will Drive Future Upside

Analysts have trimmed the MSA Safety price target by about $4 to reflect slightly higher discount rates and a modestly lower future P/E assumption, even as their revenue growth outlook edges a bit higher following recent research updates from firms covering the stock. Analyst Commentary Recent Street research on MSA Safety shows a mix of optimism on the business outlook and more cautious adjustments to valuation and rating, giving you a balanced set of signals to consider.
WCN
US$159.80
Waste Connections
7D
-2.0%
1Y
-18.7%

Waste Connections: Waiting For A Better Entry Point Amid Iran Inflation Risks

Apr 12
RSG
US$210.87
Republic Services
7D
-2.6%
1Y
-13.4%

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$103.74
RB Global
7D
3.9%
1Y
7.4%
TTEK
US$31.66
Tetra Tech
7D
2.3%
1Y
6.1%

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.
MEG
US$21.16
Montrose Environmental Group
7D
-6.2%
1Y
48.4%

MEG: Emissions And PFAS Technologies Will Support Future Upside Potential

Analysts have adjusted their price target on Montrose Environmental Group to $40.00, unchanged from the previous $40.00. This reflects updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions, while keeping the overall valuation the same.
LNZA
US$41.42
LanzaTech Global
7D
59.1%
1Y
107.1%
PBI
US$11.88
Pitney Bowes
7D
7.7%
1Y
46.8%

PBI: Buybacks And 2026 Earnings Guidance Will Support Future Upside Potential

Analysts have raised their price target on Pitney Bowes by $0.50 to $9.50, citing share buybacks as a key earnings driver and indicating that any additional upside will likely depend on clearer evidence of improving operating results. Analyst Commentary Recent research points to a mixed setup for Pitney Bowes, with the new US$9.50 price target sitting close to prior estimates and the stock still carrying an Underperform rating.
WM
US$224.93
Waste Management
7D
-2.8%
1Y
-2.0%
VSTS
US$9.25
Vestis
7D
13.4%
1Y
24.3%

VSTS: Pricing Execution And Margin Improvements Will Support Future Confidence

Analysts have slightly increased their average price target on Vestis to about $6, reflecting recent target increases from several firms. They cite updated views on the company’s pricing power, revenue growth challenges, and profitability outlook.