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U.S. Commercial Services Industry Analysis

UpdatedFeb 02, 2026
DataAggregated Company Financials
Companies158
  • 7D-1.4%
  • 3M7.0%
  • 1Y-3.3%
  • YTD3.5%

Over the last 7 days, the Commercial Services industry has dropped 1.4%, driven by a pullback from Waste Management of 3.5%. In contrast, Rich Sparkle Holdings has gained 32%. Overall the industry is down 3.3% in 12 months. 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
Mon, 02 Feb 2026US$473.3bUS$149.4bUS$12.6b26.9x37.7x3.2x
Wed, 31 Dec 2025US$466.1bUS$149.1bUS$12.3b23.9x37.8x3.1x
Fri, 28 Nov 2025US$459.8bUS$151.9bUS$12.4b22.6x37.2x3x
Sun, 26 Oct 2025US$513.0bUS$144.4bUS$12.2b27.1x42.1x3.6x
Tue, 23 Sep 2025US$481.8bUS$146.4bUS$11.8b26.5x40.9x3.3x
Thu, 21 Aug 2025US$505.5bUS$147.4bUS$11.7b29.9x43x3.4x
Sat, 19 Jul 2025US$501.0bUS$145.4bUS$11.3b26.9x44.5x3.4x
Mon, 16 Jun 2025US$509.9bUS$145.1bUS$11.3b25.8x45.2x3.5x
Wed, 14 May 2025US$514.5bUS$145.4bUS$11.0b26.8x46.9x3.5x
Fri, 11 Apr 2025US$494.5bUS$145.4bUS$10.9b28x45.2x3.4x
Sun, 09 Mar 2025US$494.2bUS$146.4bUS$11.0b29.8x44.8x3.4x
Tue, 04 Feb 2025US$497.3bUS$150.1bUS$11.6b32.7x43x3.3x
Thu, 02 Jan 2025US$472.7bUS$149.5bUS$11.6b31.4x40.9x3.2x
Sat, 30 Nov 2024US$528.7bUS$149.1bUS$11.6b33.2x45.5x3.5x
Mon, 28 Oct 2024US$484.8bUS$151.5bUS$10.6b25.9x45.9x3.2x
Wed, 25 Sep 2024US$489.6bUS$150.9bUS$10.3b27x47.3x3.2x
Fri, 23 Aug 2024US$488.2bUS$150.9bUS$10.4b29.8x47x3.2x
Sun, 21 Jul 2024US$482.4bUS$150.2bUS$10.0b27.3x48.3x3.2x
Tue, 18 Jun 2024US$457.1bUS$150.1bUS$9.8b25.4x46.6x3x
Thu, 16 May 2024US$458.3bUS$150.0bUS$10.2b29.3x45.1x3.1x
Sat, 13 Apr 2024US$453.3bUS$149.1bUS$9.5b26.8x47.6x3x
Mon, 11 Mar 2024US$444.4bUS$149.1bUS$9.5b27.3x47x3x
Wed, 07 Feb 2024US$415.8bUS$147.1bUS$9.4b26.6x44.3x2.8x
Fri, 05 Jan 2024US$403.6bUS$150.3bUS$9.8b25.8x41.3x2.7x
Sun, 03 Dec 2023US$400.0bUS$150.1bUS$9.7b26.3x41.4x2.7x
Tue, 31 Oct 2023US$362.0bUS$148.6bUS$10.3b23.9x35.1x2.4x
Thu, 28 Sep 2023US$343.5bUS$140.0bUS$9.2b26.3x37.3x2.5x
Sat, 26 Aug 2023US$350.9bUS$139.7bUS$9.1b24x38.7x2.5x
Mon, 24 Jul 2023US$370.1bUS$136.9bUS$9.0b26.7x41.1x2.7x
Wed, 21 Jun 2023US$355.4bUS$136.8bUS$7.1b25.8x50x2.6x
Fri, 19 May 2023US$349.2bUS$136.8bUS$7.0b25.3x49.8x2.6x
Sun, 16 Apr 2023US$338.1bUS$134.6bUS$7.7b23.9x44x2.5x
Tue, 14 Mar 2023US$311.1bUS$133.1bUS$8.1b21.3x38.3x2.3x
Thu, 09 Feb 2023US$319.1bUS$132.2bUS$7.9b22.6x40.3x2.4x
Price to Earnings Ratio

40.3x


Total Market Cap: US$319.1bTotal Earnings: US$7.9bTotal Revenue: US$132.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Commercial Services Industry Price to Earnings3Y Average 43.3x202420252026
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 37.7x which is lower than its 3-year average PE of 43.3x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 4.2% 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 Market-0.23%
Industrials-0.041%
Commercial Services-1.37%
Commercial Printing8.84%
Office Services and Supplies-0.88%
Diversified Support Services-1.19%
Environmental and Facilities Services-1.60%
Security and Alarm Services-4.53%
Industry PE
  • Investors are most optimistic about the Environmental and Facilities Services industry, which is trading close to its 3-year average PE ratio of 40.3x.
    • Analysts are expecting annual earnings growth of 13.2%, which is higher than its past year's earnings growth of 6.9% 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 36% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Diversified Support 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
ANPA Rich Sparkle HoldingsUS$83.0031.7%
+US$249.9m		n/an/a
TTEK Tetra TechUS$37.662.7%
+US$242.2m		10.1%PE27.9x
UNF UniFirstUS$215.003.9%
+US$146.0m		-0.1%PE27.8x
DLX DeluxeUS$26.408.8%
+US$95.9m		15.7%PE13.9x
BRC BradyUS$86.472.2%
+US$86.3m		16.6%PE20.8x

Latest News

CTAS
US$191.39
Cintas
7D
-1.3%
1Y
-5.4%

Cintas (NASDAQ:CTAS) Could Easily Take On More Debt

Feb 02
Cintas (NASDAQ:CTAS) Could Easily Take On More Debt
TTEK
US$37.66
Tetra Tech
7D
2.7%
1Y
10.1%
DLX
US$26.40
Deluxe
7D
8.8%
1Y
15.7%
ANPA
US$83.00
Rich Sparkle Holdings
7D
31.7%
1Y
n/a
WM
US$222.24
Waste Management
7D
-3.5%
1Y
-0.7%
ROL
US$63.34
Rollins
7D
0.1%
1Y
27.6%
CWST
US$100.88
Casella Waste Systems
7D
-4.6%
1Y
-7.4%
UNF
US$215.00
UniFirst
7D
3.9%
1Y
-0.1%

UNF: Future Outlook Will Reflect Overvaluation Risk From Proposed US$5b Cash Acquisition

Analysts are keeping UniFirst's fair value estimate steady at US$183, with only minimal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. This suggests their price target and underlying thesis are essentially unchanged.
MLKN
US$20.08
MillerKnoll
7D
2.0%
1Y
-4.5%

MillerKnoll (NASDAQ:MLKN) Has Announced A Dividend Of $0.1875

Jan 27
MillerKnoll (NASDAQ:MLKN) Has Announced A Dividend Of $0.1875
BCO
US$127.04
Brink's
7D
1.4%
1Y
38.4%

BCO: Share Buybacks And M&A Activity Will Support Future Cash Flows

Analysts have maintained their fair value estimate for Brink's at US$133.50, with only small tweaks to inputs like the discount rate and future P/E. This suggests their price target rests on broadly unchanged assumptions about growth and profitability.
RSG
US$215.09
Republic Services
7D
-1.8%
1Y
-2.7%

RSG: Renewable Gas Projects And Buybacks Will Support Future Upside

Analysts have nudged their price target on Republic Services down by about US$1 to roughly US$244, reflecting slightly softer assumptions for revenue growth and profit margins, along with a modestly higher future P/E multiple. What's in the News Ameresco and Republic Services brought a renewable natural gas facility at the Upper Rock Island County Landfill in East Moline, Illinois into operation, designed to process 2,000 standard cubic feet per minute of landfill gas into pipeline quality RNG and produce more than 500,000 Dekatherms each year, with the project framed as supporting Illinois clean energy goals and Republic Services biogas reuse target.
RBA
US$113.57
RB Global
7D
-2.9%
1Y
28.4%

RBA: Expanded Government Contract Will Support Stronger Long Term Performance

Analysts have lifted their fair value estimate for RB Global from US$135.00 to US$145.00, citing updated assumptions around discount rates, revenue growth, profit margins, and a higher future P/E multiple. What's in the News RB Global, through its IAA business, reported an expanded contract with the U.S. General Services Administration to support increased government fleet vehicle volume.
WCN
US$167.60
Waste Connections
7D
-2.2%
1Y
-10.5%

WCN: Future Returns Will Be Driven By Compounding M&A Despite Chiquita Remediation Uncertainty

Narrative Update on Waste Connections Analysts have trimmed their average price target on Waste Connections by about $1. This reflects slightly higher discount rate assumptions, marginally lower revenue growth and profit margin expectations, and a modestly lower future P/E multiple, in line with recent target reductions from several firms.
CPRT
US$40.58
Copart
7D
-2.3%
1Y
-29.7%

CPRT: Digital Auctions Will Offset Insurance Volume And Market Share Headwinds

Analysts have trimmed their average price targets on Copart, with a mix of reductions such as Baird cutting its target to US$52 from US$55 and more cautious increases like Barclays raising its target to US$33 from US$32, reflecting ongoing insurance related headwinds and concerns about potential share loss in digital auctions. Analyst Commentary Recent research on Copart highlights a split view, with some analysts updating models around insurance trends while others focus on potential share loss in digital auctions and valuation risk.
VLTO
US$98.98
Veralto
7D
-2.9%
1Y
-2.2%
BRC
US$86.47
Brady
7D
2.2%
1Y
16.6%