Custom Truck One Source, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:45:39Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EBITDA | 388.82M | 362.20M | 389.94M | 326.79M | 167.11M | 102.14M |
| Working Capital | 285.29M | 300.75M | 368.51M | 233.37M | 216.12M | 31.89M |
| Net Debt | 1.75B | 1.62B | 1.52B | 1.38B | 1.32B | 713.73M |
| Gross Margin | 28.48% | 28.70% | 34.12% | 35.37% | 26.63% | 66.35% |
| Operating Margin | 8.64% | 9.29% | 12.84% | 9.52% | -5.32% | 14.97% |
| Net Margin | -2.15% | -2.11% | 3.81% | 3.59% | -23.02% | -18.47% |
| Return on Equity (ROE) | -3.84% | -3.33% | 5.53% | 4.38% | -21.14% | 68.49% |
| Return on Assets (ROA) | -0.90% | -0.82% | 1.51% | 1.32% | -6.76% | -2.77% |
| Current Ratio | 1.33× | 1.30× | 1.41× | 1.37× | 1.49× | 1.45× |
| Debt-to-Equity | 2.18× | 1.89× | 1.67× | 1.57× | 1.58× | -23.08× |
| Effective Tax Rate | -10.39% | 1.82% | 12.68% | 16.75% | -2.50% | 58.57% |
| Cash Conversion Ratio | -9.99× | -4.26× | -0.61× | 1.18× | -0.77× | -2.01× |
| Accruals Ratio | -0.10× | -0.04× | 0.02× | -0.00× | -0.12× | -0.08× |
| SBC % of Revenue | 0.59% | 0.87% | 1.00% | 1.13% | 2.20% | 2.05% |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | 29.43× | 39.50× | — | — |
| EV / EBITDA | 7.87× | 7.58× | 7.73× | 9.03× | 19.77× | 10.54× |
| P/S | 0.90× | 0.83× | 1.12× | 1.45× | 2.51× | 3.14× |
| P/B | 1.61× | 1.31× | 1.62× | 1.77× | 2.31× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.45B | 1.36B | 1.33B | 1.08B | 788.50M | 115.22M |
| Revenues | 1.94B | 1.80B | 1.87B | 1.57B | 1.17B | 302.74M |
| Cost of Revenue | 1.53B | 1.41B | 1.41B | 1.19B | 957.14M | 226.30M |
| Gross Profit | 411.89M | 390.27M | 454.26M | 383.75M | 210.01M | 76.44M |
| Selling, General and Administrative Expense | 230.08M | 229.54M | 231.40M | 210.87M | 155.78M | 46.41M |
| Operating Expenses | 286.95M | 263.91M | 283.31M | 280.44M | 251.98M | 59.20M |
| Operating Income (Loss) | 124.94M | 126.36M | 170.95M | 103.31M | -41.97M | 17.25M |
| Income Tax Expense (Benefit) | 2.92M | -532.00K | 7.36M | 7.83M | 4.42M | -30.07M |
| Net Income (Loss) Attributable to Parent | -31.05M | -28.66M | 50.71M | 38.91M | -181.50M | -21.28M |
| Earnings Per Share, Basic | $-0.14 | $-0.12 | $0.21 | $0.16 | $-0.75 | $-0.43 |
| Weighted Average Number of Shares Outstanding, Basic | 226.96M | 236.97M | 245.09M | 247.15M | 241.37M | 49.06M |
| Earnings Per Share, Diluted | $-0.14 | $-0.12 | $0.21 | $0.16 | $-0.75 | $-0.43 |
| Weighted Average Number of Shares Outstanding, Diluted | 226.96M | 236.97M | 245.73M | 247.71M | 241.37M | 49.06M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 6.27M | 3.81M | 10.31M | 14.36M | 35.90M | 3.41M |
| Assets, Current | 1.16B | 1.30B | 1.27B | 868.25M | 656.70M | 103.24M |
| Assets | 3.44B | 3.50B | 3.37B | 2.94B | 2.68B | 768.40M |
| Long-term Debt | 1.65B | 1.53B | 1.50B | 1.36B | 1.31B | 717.14M |
| Liabilities, Current | 873.33M | 1.00B | 897.39M | 634.88M | 440.58M | 71.35M |
| Long-term Debt, Excluding Current Maturities | 1.62B | 1.52B | 1.49B | 1.35B | 1.31B | 715.86M |
| Stockholders' Equity Attributable to Parent | 809.10M | 861.31M | 917.20M | 888.44M | 858.51M | -31.07M |
| Common Stock, Shares, Outstanding | 226.63M | 233.79M | 241.01M | 248.31M | 247.36M | 49.16M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 310.11M | 121.98M | -30.88M | 45.97M | 138.93M | 42.83M |
| Net Cash Provided by (Used in) Investing Activities | -282.46M | -187.49M | -176.60M | -218.94M | -1.43B | -29.31M |
| Payments for Repurchase of Common Stock | 32.58M | 28.98M | 38.84M | 10.28M | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | -25.27M | 58.28M | 202.88M | 153.90M | 1.32B | -16.41M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EBITDA | 99.68M | 120.85M | — | — | 74.54M | 129.85M |
| Working Capital | 289.47M | 285.29M | 268.01M | 271.27M | 296.12M | 300.75M |
| Net Debt | 1.73B | 1.75B | 1.74B | 1.71B | 1.68B | 1.62B |
| Gross Margin | 31.36% | 31.78% | 28.00% | 26.15% | 27.85% | 29.74% |
| Operating Margin | 9.58% | 13.42% | 9.07% | 7.12% | 4.04% | 16.89% |
| Net Margin | -1.25% | 5.39% | -1.60% | -7.24% | -5.79% | 6.92% |
| Return on Equity (ROE) | -0.51% | 2.58% | -0.73% | -3.59% | -2.19% | 3.20% |
| Return on Assets (ROA) | -0.12% | 0.61% | -0.16% | -0.79% | -0.50% | 0.79% |
| Current Ratio | 1.30× | 1.33× | 1.27× | 1.26× | 1.29× | 1.30× |
| Debt-to-Equity | 2.16× | 2.18× | 2.23× | 2.17× | 2.08× | 1.89× |
| Effective Tax Rate | -7.81% | -39.09% | 14.65% | -160.32% | 30.21% | -3.96% |
| Cash Conversion Ratio | -5.81× | 2.27× | -45.66× | -6.39× | -3.13× | 2.98× |
| Accruals Ratio | -0.01× | -0.01× | -0.08× | -0.06× | -0.02× | -0.02× |
| SBC % of Revenue | 0.36% | 0.57% | 1.74% | 1.07% | 0.78% | 0.78% |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 328.60M | 387.26M | 359.85M | 392.15M | 307.11M | 398.33M |
| Revenues | 461.62M | 528.18M | 482.06M | 511.48M | 422.23M | 520.74M |
| Cost of Revenue | 358.56M | 405.12M | 381.31M | 408.94M | 336.70M | 402.27M |
| Gross Profit | 103.06M | 123.06M | 100.75M | 102.54M | 85.54M | 118.47M |
| Selling, General and Administrative Expense | 57.63M | 56.60M | 54.86M | 59.16M | 59.45M | 61.22M |
| Operating Expenses | 71.59M | 71.08M | 68.12M | 74.61M | 73.13M | 51.18M |
| Operating Income (Loss) | 31.47M | 51.98M | 32.63M | 27.93M | 12.40M | 67.28M |
| Income Tax Expense (Benefit) | 297.00K | -5.87M | -988.00K | 17.48M | -7.70M | -1.05M |
| Net Income (Loss) Attributable to Parent | -4.10M | 20.88M | -5.76M | -28.38M | -17.79M | 27.57M |
| Earnings Per Share, Basic | $-0.02 | $0.09 | $-0.03 | $-0.13 | $-0.08 | $0.12 |
| Weighted Average Number of Shares Outstanding, Basic | 226.63M | 226.96M | 226.56M | 226.48M | 228.28M | 236.97M |
| Earnings Per Share, Diluted | $-0.02 | $0.09 | $-0.03 | $-0.13 | $-0.08 | $0.12 |
| Weighted Average Number of Shares Outstanding, Diluted | 226.63M | 226.96M | 226.56M | 226.48M | 228.28M | 236.97M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 9.61M | 6.27M | 13.06M | 5.26M | 5.38M | 3.81M |
| Assets, Current | 1.26B | 1.16B | 1.26B | 1.33B | 1.32B | 1.30B |
| Assets | 3.55B | 3.44B | 3.54B | 3.58B | 3.54B | 3.50B |
| Long-term Debt | 1.63B | 1.65B | 1.65B | 1.61B | 1.60B | 1.53B |
| Liabilities, Current | 972.76M | 873.33M | 989.49M | 1.06B | 1.02B | 1.00B |
| Long-term Debt, Excluding Current Maturities | 1.63B | 1.62B | 1.63B | 1.59B | 1.59B | 1.52B |
| Stockholders' Equity Attributable to Parent | 805.24M | 809.10M | 784.68M | 790.13M | 813.42M | 861.31M |
| Common Stock, Shares, Outstanding | 226.78M | 226.63M | 226.56M | 226.56M | 225.78M | 233.79M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 23.82M | 47.31M | 262.80M | 181.35M | 55.63M | 82.05M |
| Net Cash Provided by (Used in) Investing Activities | -59.23M | -48.68M | -233.79M | -139.81M | -71.31M | -22.60M |
| Payments for Repurchase of Common Stock | 0 | 0 | 32.58M | 32.58M | 32.58M | 0 |
| Net Cash Provided by (Used in) Financing Activities | 38.58M | -5.57M | -19.70M | -39.89M | 17.20M | -64.50M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (CTOS CIK 0001709682),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.