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U.S. Commercial Services Industry Analysis

UpdatedJun 19, 2026
DataAggregated Company Financials
Companies157
  • 7D-1.8%
  • 3M-4.1%
  • 1Y-14.4%
  • YTD-6.2%

Over the last 7 days, the Commercial Services industry has dropped 1.8%, driven by Cintas declining 6.1%. However, the industry is down 14% over the past year. Looking forward, 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
Fri, 19 Jun 2026US$426.7bUS$152.5bUS$13.1b21.8x32.5x2.8x
Sun, 17 May 2026US$434.4bUS$152.2bUS$13.3b21.5x32.7x2.9x
Tue, 14 Apr 2026US$446.8bUS$150.1bUS$13.0b23x34.4x3x
Thu, 12 Mar 2026US$467.3bUS$150.7bUS$12.8b23.2x36.4x3.1x
Sat, 07 Feb 2026US$477.6bUS$149.5bUS$12.6b26.1x37.9x3.2x
Mon, 05 Jan 2026US$455.2bUS$149.1bUS$12.3b24.2x37x3.1x
Wed, 03 Dec 2025US$456.2bUS$152.0bUS$12.3b22.9x36.9x3x
Fri, 31 Oct 2025US$442.8bUS$145.5bUS$12.1b22.3x36.6x3x
Sun, 28 Sep 2025US$482.5bUS$146.7bUS$11.8b28x40.9x3.3x
Tue, 26 Aug 2025US$504.3bUS$147.4bUS$11.7b31.2x42.9x3.4x
Thu, 24 Jul 2025US$501.6bUS$145.4bUS$11.3b27.3x44.6x3.5x
Sat, 21 Jun 2025US$504.5bUS$145.1bUS$11.3b25.3x44.7x3.5x
Mon, 19 May 2025US$524.8bUS$145.4bUS$11.0b26.1x47.8x3.6x
Wed, 16 Apr 2025US$506.0bUS$145.4bUS$10.9b29x46.3x3.5x
Fri, 14 Mar 2025US$479.7bUS$145.4bUS$10.9b28.6x44.2x3.3x
Sun, 09 Feb 2025US$500.1bUS$150.1bUS$11.6b32.9x43.1x3.3x
Tue, 07 Jan 2025US$474.1bUS$149.5bUS$11.6b31.1x41x3.2x
Thu, 05 Dec 2024US$522.9bUS$149.1bUS$11.6b33x45x3.5x
Sat, 02 Nov 2024US$485.1bUS$152.3bUS$11.5b27.4x42.2x3.2x
Mon, 30 Sep 2024US$484.6bUS$151.0bUS$10.4b27.3x46.5x3.2x
Wed, 28 Aug 2024US$491.9bUS$150.9bUS$10.4b30.6x47.2x3.3x
Fri, 26 Jul 2024US$478.4bUS$151.2bUS$10.2b27.8x46.8x3.2x
Sun, 23 Jun 2024US$465.3bUS$150.1bUS$9.8b25.4x47.3x3.1x
Tue, 21 May 2024US$459.3bUS$149.3bUS$10.2b28.3x45.1x3.1x
Thu, 18 Apr 2024US$446.8bUS$149.1bUS$9.5b27.4x47x3x
Sat, 16 Mar 2024US$448.0bUS$149.1bUS$9.5b28.1x47.4x3x
Mon, 12 Feb 2024US$418.5bUS$147.2bUS$9.3b26.9x44.8x2.8x
Wed, 10 Jan 2024US$403.7bUS$150.3bUS$9.8b25.2x41.3x2.7x
Fri, 08 Dec 2023US$395.2bUS$150.1bUS$9.7b26.7x40.9x2.6x
Sun, 05 Nov 2023US$376.9bUS$148.7bUS$9.4b25x40x2.5x
Tue, 03 Oct 2023US$341.2bUS$140.0bUS$9.2b23.9x37x2.4x
Thu, 31 Aug 2023US$355.2bUS$139.8bUS$9.0b26.5x39.3x2.5x
Sat, 29 Jul 2023US$359.5bUS$137.2bUS$9.0b24.6x40.1x2.6x
Mon, 26 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 32.5x 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 Market1.65%
Industrials2.84%
Commercial Services-1.84%
Office Services and Supplies3.48%
Commercial Printing2.73%
Security and Alarm Services1.30%
Environmental and Facilities Services-1.49%
Diversified Support Services-3.47%
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 51.1x.
    • 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$110.574.2%
+US$829.0m		5.7%PE51x
VLTO VeraltoUS$84.021.7%
+US$338.9m		-13.4%PE21.3x
CXW CoreCivicUS$28.907.6%
+US$202.7m		40.0%PE22.1x
BRC BradyUS$85.315.1%
+US$195.0m		26.9%PE19.2x
MSA MSA SafetyUS$164.393.1%
+US$189.2m		-0.4%PE21.8x

Latest News

UNF
US$261.00
UniFirst
7D
-5.3%
1Y
42.4%
Analysis Article • 4h

UniFirst (UNF) Stock Could Be 6.5% Undervalued on Its Margin Improvement Narrative

UniFirst (UNF) is back in focus after a recent move in its share price, with the stock closing at $261. Investors are weighing this level against the company’s latest business and return metrics. See our latest analysis for UniFirst. While UniFirst’s share price slipped 5.3% over the past week and edged down 1.2% over the past month, its year to date share price return of 34.8% and 1 year total shareholder return of 43.4% point to momentum that has been building over a longer horizon. If...
CPRT
US$30.23
Copart
7D
-2.7%
1Y
-36.9%
CLH
US$288.60
Clean Harbors
7D
0.6%
1Y
27.5%
Analysis Article • Jun 18

Clean Harbors (CLH) Stock Could Be 11.8% Undervalued After Earnings Estimate Upgrade

Clean Harbors (CLH) is back on investors’ radar after a rank upgrade tied to a 5.2% rise in its full year earnings estimate, along with performance that has outpaced its sector and industry. See our latest analysis for Clean Harbors. Despite a recent pullback that left the 1 month share price return down 4.8% and the latest share price at $287.25, Clean Harbors still carries strong momentum when looking at its 1 year total shareholder return of 26.9% and 5 year total shareholder return of...
WM
US$214.60
Waste Management
7D
-1.9%
1Y
-8.0%
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
-6.1%
1Y
-22.5%
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
4.2%
1Y
5.7%
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$85.31
Brady
7D
5.1%
1Y
26.9%
MSA
US$164.39
MSA Safety
7D
3.1%
1Y
-0.4%
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
WCN
US$153.97
Waste Connections
7D
-1.0%
1Y
-17.7%
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.
VLTO
US$84.02
Veralto
7D
1.7%
1Y
-13.4%
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
7.6%
1Y
40.0%
TTEK
US$27.36
Tetra Tech
7D
-3.8%
1Y
-22.3%
GEO
US$29.28
GEO Group
7D
2.3%
1Y
21.1%
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
-25.6%
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.
ROL
US$44.96
Rollins
7D
-4.4%
1Y
-19.8%
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
-1.5%
1Y
-17.5%
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.