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

U.S. Commercial Services Industry Analysis

UpdatedMay 27, 2026
DataAggregated Company Financials
Companies156
  • 7D-1.0%
  • 3M-7.4%
  • 1Y-16.1%
  • YTD-5.0%

Over the last 7 days, the Commercial Services industry has dropped 1.0%, driven by declines in Waste Management and Republic Services of 3.1% and 3.7%, respectively. Overall the industry is down 16% in 12 months. 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
Wed, 27 May 2026US$439.4bUS$152.3bUS$13.2b22.4x33.4x2.9x
Fri, 24 Apr 2026US$443.4bUS$150.2bUS$13.0b23.2x34.2x3x
Sun, 22 Mar 2026US$445.0bUS$149.6bUS$12.9b22.5x34.5x3x
Tue, 17 Feb 2026US$472.2bUS$150.0bUS$13.1b25.7x36x3.1x
Thu, 15 Jan 2026US$464.7bUS$149.2bUS$12.3b25.8x37.8x3.1x
Sat, 13 Dec 2025US$457.0bUS$148.8bUS$12.2b24.6x37.3x3.1x
Mon, 10 Nov 2025US$442.7bUS$150.3bUS$12.4b22.2x35.6x2.9x
Wed, 08 Oct 2025US$488.9bUS$144.3bUS$12.2b27.6x40.1x3.4x
Fri, 05 Sep 2025US$492.9bUS$146.2bUS$11.7b28.4x42.2x3.4x
Sun, 03 Aug 2025US$499.7bUS$147.2bUS$11.6b27.3x43.2x3.4x
Tue, 01 Jul 2025US$504.2bUS$145.2bUS$11.2b24.9x45x3.5x
Thu, 29 May 2025US$522.5bUS$145.4bUS$11.1b24.7x46.9x3.6x
Sat, 26 Apr 2025US$507.4bUS$145.8bUS$10.9b28.6x46.6x3.5x
Mon, 24 Mar 2025US$485.4bUS$145.4bUS$10.9b29.5x44.6x3.3x
Wed, 19 Feb 2025US$505.9bUS$150.7bUS$11.4b31.6x44.5x3.4x
Fri, 17 Jan 2025US$488.2bUS$149.6bUS$11.6b32.9x42.2x3.3x
Sun, 15 Dec 2024US$503.8bUS$149.1bUS$11.6b32x43.4x3.4x
Tue, 12 Nov 2024US$513.6bUS$149.9bUS$11.7b29.7x44x3.4x
Thu, 10 Oct 2024US$492.1bUS$151.0bUS$10.4b26.2x47.2x3.3x
Sat, 07 Sep 2024US$477.7bUS$151.0bUS$10.3b27.2x46.4x3.2x
Mon, 05 Aug 2024US$474.7bUS$151.5bUS$10.2b26.3x46.6x3.1x
Wed, 03 Jul 2024US$461.2bUS$150.1bUS$9.9b24.9x46.7x3.1x
Fri, 31 May 2024US$449.0bUS$150.1bUS$9.8b26.6x45.8x3x
Sun, 28 Apr 2024US$453.5bUS$149.8bUS$9.7b27.2x46.8x3x
Tue, 26 Mar 2024US$456.1bUS$149.0bUS$9.5b28.4x48.2x3.1x
Thu, 22 Feb 2024US$425.7bUS$147.9bUS$9.4b27.8x45.5x2.9x
Sat, 20 Jan 2024US$408.9bUS$150.3bUS$9.8b26x41.8x2.7x
Mon, 18 Dec 2023US$402.5bUS$150.2bUS$9.7b26.4x41.6x2.7x
Wed, 15 Nov 2023US$382.8bUS$149.5bUS$9.3b27.4x41x2.6x
Fri, 13 Oct 2023US$353.0bUS$140.0bUS$9.2b25.4x38.3x2.5x
Sun, 10 Sep 2023US$349.1bUS$139.9bUS$9.1b25.2x38.4x2.5x
Tue, 08 Aug 2023US$356.7bUS$139.3bUS$9.0b24x39.8x2.6x
Thu, 06 Jul 2023US$361.7bUS$136.8bUS$9.0b26.3x40.4x2.6x
Sat, 03 Jun 2023US$350.9bUS$136.7bUS$7.1b25.7x49.4x2.6x
Price to Earnings Ratio

49.4x


Total Market Cap: US$350.9bTotal Earnings: US$7.1bTotal Revenue: US$136.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Commercial Services Industry Price to Earnings3Y Average 42.5x202420252026
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 33.4x which is lower than its 3-year average PE of 42.5x.
  • 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 Market2.46%
Industrials4.18%
Commercial Services-1.00%
Office Services and Supplies6.14%
Commercial Printing1.96%
Security and Alarm Services1.48%
Diversified Support Services0.15%
Environmental and Facilities Services-2.02%
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 53.8x.
    • Analysts are expecting annual earnings growth of 14.9%, 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 32.7x.
Forecasted Growth
  • Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 1.4% 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$105.191.8%
+US$354.0m		0.4%PE48.5x
MSA MSA SafetyUS$173.234.9%
+US$313.5m		6.7%PE23x
BCO Brink'sUS$107.024.6%
+US$194.4m		26.8%PE24.4x
HNI HNIUS$31.367.2%
+US$151.9m		-33.5%PE2257.7x
OPLN OPENLANEUS$35.753.9%
+US$140.9m		57.1%PS1.9x

Latest News

BCO
US$107.02
Brink's
7D
4.6%
1Y
26.8%
WM
US$215.48
Waste Management
7D
-3.1%
1Y
-9.5%
Seeking Alpha • May 26

Waste Management: Quality Business But Still Too Expensive For My Liking

Summary Waste Management remains a high-quality business, but its current valuation limits near-term upside, justifying a hold rating. Despite mixed Q1 results and softer volumes in its largest segment, WM delivered solid EBITDA growth and robust free cash flow expansion. WM's balance sheet is healthy, with leverage reduced to 2.94x and strong capital returns via buybacks and dividends. I see little margin of safety at a 26.8x forward P/E, preferring to buy WM on a 10–20% pullback for better risk/reward. Read the full article on Seeking Alpha
TILE
US$29.35
Interface
7D
7.2%
1Y
43.0%
HNI
US$31.36
HNI
7D
7.2%
1Y
-33.5%
Narrative Update • May 24

HNI: Higher Margin Outlook Will Support Future Earnings Upside

Analysts have revised the HNI price target from $72 to $69, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions following recent research. Analyst Commentary Bullish Takeaways Bullish analysts view the new US$69 target as a reset that still leaves room for upside if HNI meets revenue and profit margin assumptions embedded in their models.
CPRT
US$33.24
Copart
7D
0.4%
1Y
-37.1%
CLH
US$286.67
Clean Harbors
7D
-1.8%
1Y
25.1%
RBA
US$105.19
RB Global
7D
1.8%
1Y
0.4%
ROL
US$53.16
Rollins
7D
-1.1%
1Y
-7.3%
Narrative Update • May 21

ROL: Active Acquisition Program And Mixed Research Views Will Support Upside

Analysts have nudged their average price target on Rollins slightly lower, trimming fair value from about $64.25 to roughly $64.06 as they factor in mixed recent research that includes both price target raises and cuts alongside modest tweaks to margin and P/E assumptions. Analyst Commentary Recent research on Rollins reflects a mix of optimism and caution, with several firms adjusting price targets and one new initiation at a neutral rating.
MSA
US$173.23
MSA Safety
7D
4.9%
1Y
6.7%
RSG
US$207.05
Republic Services
7D
-3.7%
1Y
-18.8%
Narrative Update • May 19

RSG: Electric Fleets And Advanced Recycling Technology Will Support Future Upside

Analysts have trimmed their price target on Republic Services by about $2 to $243.58, reflecting updated views on its fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News From January 1, 2026 to March 31, 2026, Republic Services repurchased 1,339,618 shares, about 0.43% of its stock, for US$292.33 million, completing a total buyback of 7,666,759 shares, about 2.46%, for US$1,636.2 million under the program announced on October 26, 2023 (company buyback update).
VLTO
US$86.05
Veralto
7D
-0.5%
1Y
-15.2%
TTEK
US$27.73
Tetra Tech
7D
1.8%
1Y
-23.4%
Narrative Update • May 16

TTEK: Future Premium P/E Assumptions Will Reflect Resilient Margin Expectations

Narrative Update The analyst price target for Tetra Tech has been adjusted slightly lower by $0.33 to reflect updated views on fair value, revenue growth, profit margins, and future P/E assumptions discussed in recent research. Analyst Commentary Recent research updates around Tetra Tech focus on how current execution lines up with prior expectations for revenue growth, profitability, and the P/E multiple used in valuation models.
OPLN
US$35.75
OPENLANE
7D
3.9%
1Y
57.1%
CTAS
US$171.09
Cintas
7D
-0.6%
1Y
-24.3%
Narrative Update • May 16

CTAS: UniFirst Deal Is Expected To Support Future Earnings Resilience

Analysts have trimmed their average price targets for Cintas by a few dollars per share, reflecting slightly higher discount rate assumptions and updated views on earnings contributions from the UniFirst deal and other recent research. Analyst Commentary Recent research on Cintas shows a mix of optimism around the UniFirst acquisition and caution around valuation and execution risks, which is feeding into the latest price target revisions.
WCN
US$153.68
Waste Connections
7D
-2.3%
1Y
-21.8%
ROMA
US$6.90
Roma Green Finance
7D
-16.7%
1Y
146.4%
Analysis Article • Apr 08

We're Not Very Worried About Roma Green Finance's (NASDAQ:ROMA) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...