Custom Truck One Source Inc. | Small-cap | Industrials
$6.03
6.16%
| Custom Truck One Stock Comparison:
Custom Truck One vs United RentalsCustom Truck One vs Aercap Holdings N.VCustom Truck One vs Hertz GlobalCustom Truck One vs Prog HoldingsCustom Truck One vs Willis Lease FinanceCustom Truck One vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 422.2M
Gross Profit 85.5M 20.26%
Operating Income 16.1M 3.80%
Net Income -17.8M -4.21%
EPS (Diluted) $-0.08

Balance Sheet Metrics

Total Assets 3.5B
Total Liabilities 2.7B
Shareholders Equity 813.4M
Debt to Equity 3.36

Cash Flow Metrics

Operating Cash Flow 52.5M
Free Cash Flow -56.3M

Revenue & Profitability Trend

Custom Truck One Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i1.8B1.9B1.6B1.2B302.7M
Cost of Goods Sold i1.4B1.4B1.2B957.1M226.3M
Gross Profit i390.3M454.3M383.7M210.0M76.4M
Gross Margin % i21.7%24.4%24.4%18.0%25.3%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i229.5M231.4M210.9M155.8M46.4M
Other Operating Expenses i----2.9M
Total Operating Expenses i229.5M231.4M210.9M155.8M49.3M
Operating Income i120.8M185.1M129.5M9.9M26.8M
Operating Margin % i6.7%9.9%8.2%0.8%8.8%
Non-Operating Items
Interest Income i-----
Interest Expense i167.1M131.3M88.9M72.8M63.2M
Other Non-Operating Income5.6M-14.1M-26.2M-113.5M-9.5M
Pre-tax Income i-29.2M58.1M46.7M-177.1M-51.4M
Income Tax i-532.0K7.4M7.8M4.4M-30.1M
Effective Tax Rate % i0.0%12.7%16.7%0.0%0.0%
Net Income i-28.7M50.7M38.9M-181.5M-21.3M
Net Margin % i-1.6%2.7%2.5%-15.6%-7.0%
Key Metrics
EBITDA i368.2M422.5M385.3M218.4M106.3M
EPS (Basic) i$-0.12$0.21$0.16$-0.75$-0.43
EPS (Diluted) i$-0.12$0.21$0.16$-0.75$-0.43
Basic Shares Outstanding i23697500024509300024315625024200133349481395
Diluted Shares Outstanding i23697500024509300024315625024200133349481395

Income Statement Trend

Custom Truck One Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i3.8M10.3M14.4M35.9M3.4M
Short-term Investments i-----
Accounts Receivable i215.9M215.1M193.1M168.4M60.9M
Inventory i1.0B985.8M596.7M410.5M31.4M
Other Current Assets23.6M23.9M25.8M13.2M-
Total Current Assets i1.3B1.3B868.2M656.7M103.2M
Non-Current Assets
Property, Plant & Equipment i1.6B1.4B1.4B1.3B654.5M
Goodwill i1.7B1.7B1.7B1.7B543.7M
Intangible Assets i252.4M277.2M304.1M327.8M67.6M
Long-term Investments-----
Other Non-Current Assets16.0M23.4M26.9M24.4M17.4M
Total Non-Current Assets i2.2B2.1B2.1B2.0B665.2M
Total Assets i3.5B3.4B2.9B2.7B768.4M
Liabilities
Current Liabilities
Accounts Payable i88.5M117.7M87.3M91.1M31.8M
Short-term Debt i816.6M677.1M444.2M253.3M6.6M
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i1.0B897.4M634.9M440.6M71.4M
Non-Current Liabilities
Long-term Debt i1.6B1.5B1.4B1.3B721.1M
Deferred Tax Liabilities i31.4M33.4M29.1M15.6M0
Other Non-Current Liabilities-----
Total Non-Current Liabilities i1.6B1.6B1.4B1.4B728.1M
Total Liabilities i2.6B2.5B2.0B1.8B799.5M
Equity
Common Stock i25.0K25.0K25.0K25.0K5.0K
Retained Earnings i-586.5M-557.9M-608.6M-647.5M-466.0M
Treasury Stock i88.2M56.5M15.5M3.0M0
Other Equity-----
Total Shareholders Equity i861.3M917.2M888.4M858.5M-31.1M
Key Metrics
Total Debt i2.4B2.2B1.8B1.6B727.7M
Working Capital i300.8M368.5M233.4M216.1M31.9M

Balance Sheet Composition

Custom Truck One Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-28.7M50.7M38.9M-181.5M-21.3M
Depreciation & Amortization i235.8M219.0M223.5M209.1M84.9M
Stock-Based Compensation i11.9M13.3M12.3M17.3M2.4M
Working Capital Changes i-114.1M-264.0M-174.3M18.6M-763.0K
Operating Cash Flow i85.5M28.9M112.6M72.1M39.7M
Investing Activities
Capital Expenditures i-141.2M-134.6M-134.9M-88.6M-28.6M
Acquisitions i-6.0M0-49.8M-1.3B0
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-147.2M-134.6M-184.8M-1.4B-24.4M
Financing Activities
Share Repurchases i-29.0M-38.8M-10.3M00
Dividends Paid i-----
Debt Issuance i263.2M242.5M153.0M1.4B86.2M
Debt Repayment i-780.6M-116.7M-115.2M-859.8M-102.3M
Financing Cash Flow i-484.6M316.8M284.0M1.5B-16.4M
Free Cash Flow i-276.3M-395.1M-294.8M-49.5M-24.7M
Net Change in Cash i-546.4M211.0M211.9M110.3M-1.1M

Cash Flow Trend

Custom Truck One Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 51.78
Forward P/E 204.67
Price to Book 1.76
Price to Sales 0.73
PEG Ratio 1.73

Profitability Ratios

Profit Margin -1.89%
Operating Margin 6.50%
Return on Equity -4.37%
Return on Assets 2.17%

Financial Health

Current Ratio 1.26
Debt to Equity 317.61
Beta 1.28

Per Share Data

EPS (TTM) $-0.16
Book Value per Share $3.49
Revenue per Share $8.25

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
ctos1.4B51.781.76-4.37%-1.89%317.61
United Rentals 58.9B23.706.5329.30%16.11%159.99
Aercap Holdings N.V 20.2B7.071.1016.87%36.93%257.71
Hertz Global 1.6B22.18-3.19-350.48%-29.58%-39.52
Prog Holdings 1.3B6.531.9534.34%8.53%90.24
Willis Lease Finance 1.1B8.781.8220.01%19.21%414.28

Financial data is updated regularly. All figures are in the company's reporting currency.