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U.S. Commercial Services Industry Analysis

UpdatedJun 18, 2026
DataAggregated Company Financials
Companies155
  • 7D-2.9%
  • 3M-5.7%
  • 1Y-14.8%
  • YTD-6.5%

Over the last 7 days, the Commercial Services industry has dropped 2.9%, driven by a pullback from Cintas of 6.0%. The industry has fallen 15% 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
Thu, 18 Jun 2026US$435.4bUS$152.5bUS$13.2b21.4x33x2.9x
Sat, 16 May 2026US$435.0bUS$152.2bUS$13.3b21.5x32.7x2.9x
Mon, 13 Apr 2026US$446.8bUS$150.1bUS$13.0b23.2x34.4x3x
Wed, 11 Mar 2026US$481.3bUS$150.7bUS$12.8b23.4x37.5x3.2x
Fri, 06 Feb 2026US$477.3bUS$149.5bUS$12.6b25.8x37.9x3.2x
Sun, 04 Jan 2026US$455.2bUS$149.1bUS$12.3b24.2x37x3.1x
Tue, 02 Dec 2025US$460.6bUS$151.9bUS$12.4b22.8x37.3x3x
Thu, 30 Oct 2025US$458.2bUS$144.8bUS$12.1b23.2x38x3.2x
Sat, 27 Sep 2025US$479.1bUS$146.7bUS$11.8b27.9x40.6x3.3x
Mon, 25 Aug 2025US$508.4bUS$147.4bUS$11.7b31.9x43.3x3.4x
Wed, 23 Jul 2025US$498.5bUS$145.4bUS$11.3b25.5x44.3x3.4x
Fri, 20 Jun 2025US$504.5bUS$145.1bUS$11.3b25.4x44.7x3.5x
Sun, 18 May 2025US$524.8bUS$145.4bUS$11.0b26.1x47.8x3.6x
Tue, 15 Apr 2025US$501.5bUS$145.4bUS$10.9b27.1x45.9x3.4x
Thu, 13 Mar 2025US$483.6bUS$145.4bUS$10.9b28.5x44.5x3.3x
Sat, 08 Feb 2025US$502.0bUS$150.1bUS$11.6b32.9x43.3x3.3x
Mon, 06 Jan 2025US$474.1bUS$149.5bUS$11.6b31.1x41x3.2x
Wed, 04 Dec 2024US$522.8bUS$149.1bUS$11.6b33.1x45x3.5x
Fri, 01 Nov 2024US$485.2bUS$152.3bUS$11.5b27.2x42.1x3.2x
Sun, 29 Sep 2024US$484.6bUS$151.0bUS$10.4b27.3x46.5x3.2x
Tue, 27 Aug 2024US$492.0bUS$150.9bUS$10.4b30.1x47.2x3.3x
Thu, 25 Jul 2024US$482.6bUS$150.2bUS$10.0b27.6x48.3x3.2x
Sat, 22 Jun 2024US$464.3bUS$150.1bUS$9.8b26.1x47.2x3.1x
Mon, 20 May 2024US$459.3bUS$149.3bUS$10.2b28.4x45.1x3.1x
Wed, 17 Apr 2024US$447.8bUS$149.1bUS$9.5b26.8x47.1x3x
Fri, 15 Mar 2024US$448.8bUS$149.1bUS$9.5b27.8x47.4x3x
Sun, 11 Feb 2024US$418.5bUS$147.2bUS$9.3b26.9x44.8x2.8x
Tue, 09 Jan 2024US$401.3bUS$150.3bUS$9.8b26x41x2.7x
Thu, 07 Dec 2023US$395.2bUS$150.1bUS$9.7b26.7x40.9x2.6x
Sat, 04 Nov 2023US$376.9bUS$148.9bUS$9.4b25x40x2.5x
Mon, 02 Oct 2023US$341.2bUS$140.0bUS$9.2b23.7x37.1x2.4x
Wed, 30 Aug 2023US$353.7bUS$139.7bUS$9.1b24.8x39x2.5x
Fri, 28 Jul 2023US$365.8bUS$137.0bUS$9.0b24.7x40.8x2.7x
Sun, 25 Jun 2023US$354.6bUS$136.8bUS$7.1b24.8x49.8x2.6x
Price to Earnings Ratio

49.8x


Total Market Cap: US$354.6bTotal 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 33.0x 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 Market1.98%
Industrials5.19%
Commercial Services-2.85%
Commercial Printing3.98%
Office Services and Supplies2.20%
Security and Alarm Services1.12%
Environmental and Facilities Services-2.64%
Diversified Support Services-4.31%
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 51.2x.
    • Analysts are expecting annual earnings growth of 15.4%, 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$107.321.6%
+US$313.0m		2.6%PE49.5x
BRC BradyUS$83.457.2%
+US$262.9m		24.1%PE18.8x
TTEK Tetra TechUS$28.123.6%
+US$251.7m		-20.8%PE16.6x
CXW CoreCivicUS$28.176.5%
+US$170.1m		36.4%PE21.5x
MSA MSA SafetyUS$160.202.5%
+US$151.3m		-3.0%PE21.3x

Latest News

WM
US$215.85
Waste Management
7D
-3.8%
1Y
-7.4%
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$169.64
Cintas
7D
-6.0%
1Y
-23.0%
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...
UNF
US$259.74
UniFirst
7D
-4.7%
1Y
41.7%
Narrative Update • Jun 17

UNF: Approved Cintas Deal And Hygiene Expansion Will Shape Future Returns

Analysts have maintained their $279.00 price target for UniFirst. This reflects unchanged assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations.
RBA
US$107.32
RB Global
7D
1.6%
1Y
2.6%
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.
BRC
US$83.45
Brady
7D
7.2%
1Y
24.1%
CWST
US$86.10
Casella Waste Systems
7D
-5.4%
1Y
-26.7%
Narrative Update • Jun 15

CWST: Pricing Algorithm And 2026 Guidance Will Support Future Upside Potential

Analysts have maintained their fair value estimate for Casella Waste Systems at $112, incorporating a slightly lower discount rate and largely unchanged growth and margin assumptions. This view is supported by recent positive research highlighting the company's pricing algorithm and long term EBITDA outlook.
MSA
US$160.20
MSA Safety
7D
2.5%
1Y
-3.0%
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
ROMA
US$8.69
Roma Green Finance
7D
26.9%
1Y
211.5%
WCN
US$155.12
Waste Connections
7D
-2.5%
1Y
-17.1%
Narrative Update • Jun 15

WCN: Future Returns Will Rely On Premium P/E And Insider Confidence Signals

Waste Connections' analyst price target has moved modestly higher to $203.92, with analysts pointing to updated assumptions on revenue growth, profit margins, discount rates and future P/E as key drivers behind the change. Analyst Commentary Recent Street research on Waste Connections centers on updated assumptions for growth, profitability and the P/E multiple, which has led several firms to lift their price targets by single digit dollar amounts.
CXW
US$28.17
CoreCivic
7D
6.5%
1Y
36.4%
TTEK
US$28.12
Tetra Tech
7D
3.6%
1Y
-20.8%
GEO
US$28.86
GEO Group
7D
2.6%
1Y
19.4%
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.
ROL
US$45.13
Rollins
7D
-5.5%
1Y
-19.5%
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.
CPRT
US$29.52
Copart
7D
-5.9%
1Y
-38.3%
Narrative Update • Jun 04

CPRT: International Expansion And Cash-Funded Buybacks Will Support Future Upside

Analysts have trimmed their price target on Copart to $45 from $47, citing refreshed assumptions that include a fair value estimate of $41.44, updated views on revenue growth and profit margin, and expectations for ongoing international momentum supported by a strong cash position. What's in the News Q3 2026 results: Copart reported consolidated revenue of US$1.24b, up 2.1% year over year, and earnings per share of US$0.43, which was US$0.02 above consensus estimates.
RSG
US$207.43
Republic Services
7D
-2.4%
1Y
-16.5%
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.
HCSG
US$22.37
Healthcare Services Group
7D
5.0%
1Y
54.9%
Narrative Update • Jun 02

HCSG: Buybacks And Steady Execution Will Support Future Earnings Resilience

Analysts have raised their average price target on Healthcare Services Group by $2, reflecting updated views on valuation after several firms adjusted their expectations for the stock. Analyst Commentary Recent research updates show a mix of optimism and caution around Healthcare Services Group, centered on how the stock is priced against execution risks and growth expectations.