Custom Truck One Source (CTOS) Financials

$4.55 -0.11 (-2.36%)

As of 05/20/2025 03:58 PM Eastern

Annual Income Statements for Custom Truck One Source

This table shows Custom Truck One Source's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Net Income / (Loss) Attributable to Common Shareholders	-29	51	39	-182	-21	-27	-16	-27
Consolidated Net Income / (Loss)	-29	51	39	-182	-21	-27	-16	-27
Net Income / (Loss) Continuing Operations	-29	51	39	-182	-21	-27	-16	-27
Total Pre-Tax Income	-29	58	47	-177	-51	-33	-14	-31
Total Operating Income	126	171	103	-42	17	36	43	23
Total Gross Profit	390	454	384	210	76	87	82	58
Total Revenue	1,802	1,865	1,573	1,167	303	264	246	204
Operating Revenue	1,802	1,865	1,573	1,167	303	264	246	204
Total Cost of Revenue	1,412	1,411	1,189	957	226	177	165	146
Operating Cost of Revenue	1,412	1,411	1,189	957	226	177	165	146
Total Operating Expenses	264	283	280	252	59	51	38	34
Selling, General & Admin Expense	230	231	211	156	46	37	33	28
Depreciation Expense	13	11	9.41	3.61	0.10	0.12	3.05	2.86
Amortization Expense	27	27	34	41	3.15	3.01	-	-
Other Operating Expenses / (Income)	-5.58	14	26	52	9.54	10	2.68	2.45
Total Other Income / (Expense), net	-156	-113	-57	-135	-69	-69	-57	-54
Interest & Investment Income	-167	-131	-89	-73	-63	-63	-57	-54
Other Income / (Expense), net	12	18	32	-0.57	-5.40	-1.69	-0.29	-0.37
Income Tax Expense	-0.53	7.36	7.83	4.43	-30	-5.99	1.71	-3.49
Basic Earnings per Share	($0.12)	$0.21	$0.16	($0.75)	($0.43)	($0.82)	($0.72)	($1.25)
Weighted Average Basic Shares Outstanding	236.98M	245.09M	247.15M	241.37M	49.07M	33.07M	21.66M	21.66M
Diluted Earnings per Share	($0.12)	$0.21	$0.16	($0.75)	($0.43)	($0.82)	($0.72)	($1.25)
Weighted Average Diluted Shares Outstanding	236.98M	245.73M	247.71M	241.37M	49.07M	33.07M	21.66M	21.66M
Weighted Average Basic & Diluted Shares Outstanding	225.65M	240.27M	246.11M	247.04M	49.06M	33.07M	21.66M	21.66M

This table shows Custom Truck One Source's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-18	28	-17	-24	-14	16	9.18	12	14	31	-2.38
Consolidated Net Income / (Loss)	-18	28	-17	-24	-14	16	9.18	12	14	31	-2.38
Net Income / (Loss) Continuing Operations	-18	28	-17	-24	-14	16	9.18	12	14	31	-2.38
Total Pre-Tax Income	-25	27	-18	-21	-16	21	9.61	13	15	31	1.97
Total Operating Income	12	67	23	18	18	53	38	40	40	52	23
Total Gross Profit	86	118	92	89	91	127	107	111	110	128	88
Total Revenue	422	521	447	423	411	522	434	457	452	487	358
Operating Revenue	422	521	447	423	411	522	434	457	452	487	358
Total Cost of Revenue	337	402	355	334	321	395	327	346	343	358	270
Operating Cost of Revenue	337	402	355	334	321	395	327	346	343	358	270
Total Operating Expenses	73	51	69	72	72	73	69	71	70	77	65
Selling, General & Admin Expense	59	61	55	56	58	59	57	58	57	59	50
Depreciation Expense	3.34	3.54	3.47	3.36	2.92	2.68	2.60	2.72	2.65	2.11	1.94
Amortization Expense	6.68	6.69	6.70	6.69	6.58	7.13	6.70	6.61	6.67	6.94	6.79
Other Operating Expenses / (Income)	3.66	-20	3.99	5.84	4.85	4.10	2.89	3.69	3.46	9.03	6.50
Total Other Income / (Expense), net	-38	-41	-41	-39	-35	-33	-28	-27	-25	-20	-21
Interest & Investment Income	-39	-43	-44	-42	-38	-36	-34	-32	-29	-27	-23
Other Income / (Expense), net	1.02	2.16	2.82	3.32	3.26	3.70	5.75	5.05	3.95	6.43	1.75
Income Tax Expense	-7.70	-1.05	-0.60	3.07	-1.95	4.68	0.43	1.39	0.86	0.55	4.35
Basic Earnings per Share	($0.08)	$0.11	($0.07)	($0.10)	($0.06)	$0.06	$0.04	$0.05	$0.06	$0.13	($0.01)
Weighted Average Basic Shares Outstanding	228.28M	236.98M	234.44M	239.73M	240.36M	245.09M	245.81M	246.13M	246.05M	247.15M	247.70M
Diluted Earnings per Share	($0.08)	$0.11	($0.07)	($0.10)	($0.06)	$0.06	$0.04	$0.05	$0.06	$0.13	($0.01)
Weighted Average Diluted Shares Outstanding	228.28M	236.98M	234.44M	239.73M	240.36M	245.73M	246.59M	246.96M	247.05M	247.71M	247.70M
Weighted Average Basic & Diluted Shares Outstanding	226.48M	225.65M	233.43M	236.21M	240.42M	240.27M	242.88M	246.26M	246.09M	246.11M	246.59M

This table details how cash moves in and out of Custom Truck One Source's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Net Change in Cash & Equivalents	-6.50	-4.05	-22	32	-2.89	4.16	1.18	-0.36
Net Cash From Operating Activities	122	-31	46	139	43	19	41	17
Net Cash From Continuing Operating Activities	122	-31	46	139	43	19	41	17
Net Income / (Loss) Continuing Operations	-29	51	39	-182	-21	-27	-16	-27
Consolidated Net Income / (Loss)	-29	51	39	-182	-21	-27	-16	-27
Depreciation Expense	236	219	223	209	85	77	64	62
Amortization Expense	5.69	5.65	4.86	4.74	3.29	2.91	6.36	5.55
Non-Cash Adjustments To Reconcile Net Income	-46	-45	-62	79	3.43	4.60	3.16	3.34
Changes in Operating Assets and Liabilities, net	-45	-261	-159	28	-28	-38	-17	-27
Net Cash From Investing Activities	-187	-177	-219	-1,429	-29	-130	-27	-21
Net Cash From Continuing Investing Activities	-187	-177	-219	-1,429	-29	-130	-27	-21
Purchase of Property, Plant & Equipment	-398	-364	-341	-188	-68	-107	-59	-47
Acquisitions	-6.02	0.00	-50	-1,338	0.00	-48	-1.52	-0.48
Sale of Property, Plant & Equipment	257	230	206	100	39	28	33	27
Other Investing Activities, net	-40	-42	-34	-3.24	-0.70	-3.07	0.00	0.00
Net Cash From Financing Activities	58	203	154	1,323	-16	115	-12	3.78
Net Cash From Continuing Financing Activities	58	203	154	1,323	-16	115	-12	3.78
Repayment of Debt	-229	-93	-111	-943	-87	-820	-61	-26
Repurchase of Common Equity	-29	-39	-10	-6.39	0.00	0.00	-	-
Issuance of Debt	256	221	153	1,444	86	788	49	30
Other Financing Activities, net	61	114	123	-55	-16	147	0.00	0.00
Effect of Exchange Rate Changes	0.71	0.55	-2.47	0.00	0.00	-	-	-
Cash Interest Paid	152	123	81	93	60	54	54	50
Cash Income Taxes Paid	4.14	2.13	0.57	0.54	0.65	0.46	0.53	0.60

This table details how cash moves in and out of Custom Truck One Source's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	1.58	-4.63	0.38	0.07	-2.32	1.52	-33	10	18	-12	-2.35
Net Cash From Operating Activities	56	82	17	38	-14	-28	-1.60	-5.01	3.91	42	26
Net Cash From Continuing Operating Activities	56	82	17	38	-14	-28	-1.60	-5.01	3.91	42	26
Net Income / (Loss) Continuing Operations	-18	28	-17	-24	-14	16	9.18	12	14	31	-2.38
Consolidated Net Income / (Loss)	-18	28	-17	-24	-14	16	9.18	12	14	31	-2.38
Depreciation Expense	62	63	59	58	56	57	55	55	52	52	54
Amortization Expense	1.06	1.07	1.75	1.45	1.43	1.43	1.19	0.62	2.41	1.38	1.33
Non-Cash Adjustments To Reconcile Net Income	-10	-40	0.33	2.80	-8.68	-15	-3.89	-4.13	-22	-27	-1.40
Changes in Operating Assets and Liabilities, net	21	31	-27	0.21	-49	-88	-63	-69	-43	-16	-26
Net Cash From Investing Activities	-71	-23	-66	-65	-33	-31	-43	-63	-40	-65	-61
Net Cash From Continuing Investing Activities	-71	-23	-66	-65	-33	-31	-43	-63	-40	-65	-61
Purchase of Property, Plant & Equipment	-112	-120	-113	-90	-76	-74	-80	-101	-109	-117	-97
Acquisitions	0.00	-	-	-4.61	-1.41	-	-	-	0.00	-	-
Sale of Property, Plant & Equipment	45	101	56	39	60	52	47	52	79	70	39
Other Investing Activities, net	-3.92	-4.13	-9.11	-11	-17	-8.72	-10	-13	-9.43	-19	-3.77
Net Cash From Financing Activities	17	-64	50	27	45	60	11	78	54	12	35
Net Cash From Continuing Financing Activities	17	-64	50	27	45	60	11	78	54	12	35
Repayment of Debt	-2.22	-125	-36	-30	-38	-30	-19	-32	-12	-70	-2.34
Repurchase of Common Equity	-33	-	-5.97	-16	-6.76	-19	-15	-3.41	-1.12	-8.53	-1.75
Issuance of Debt	73	83	71	63	39	96	16	60	49	66	12
Other Financing Activities, net	-21	-23	21	11	51	13	29	53	19	25	27
Effect of Exchange Rate Changes	0.05	0.41	0.24	0.09	-0.03	0.36	-0.06	0.20	0.05	-0.47	-2.03
Cash Interest Paid	27	47	29	53	23	72	-5.02	43	13	37	6.00
Cash Income Taxes Paid	0.00	-	0.04	1.97	2.13	0.24	0.45	1.44	0.01	0.57	-

This table presents Custom Truck One Source's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Total Assets	3,502	3,368	2,938	2,684	768	815	692	403
Total Current Assets	1,301	1,266	868	657	103	116	69	0.61
Cash & Equivalents	3.81	10	14	36	3.41	6.30	2.14	0.50
Note & Lease Receivable	8.91	31	38	29	0.00	-	-	-
Accounts Receivable	216	215	193	168	61	71	53	-
Inventories, net	1,049	986	597	411	31	33	11	-
Prepaid Expenses	24	24	26	13	7.53	5.22	2.48	0.11
Plant, Property, & Equipment, net	1,002	917	884	834	336	390	323	0.00
Total Noncurrent Assets	1,199	1,185	1,186	1,193	329	309	299	403
Goodwill	705	704	704	696	238	309	-	-
Intangible Assets	252	277	304	328	68	-	299	-
Other Noncurrent Operating Assets	242	204	178	169	6.77	-	-	403
Total Liabilities & Shareholders' Equity	3,502	3,368	2,938	2,684	768	815	692	403
Total Liabilities	2,641	2,451	2,050	1,825	799	827	850	14
Total Current Liabilities	1,001	897	635	441	71	78	53	0.18
Short-Term Debt	7.84	8.26	6.94	6.35	6.56	6.73	12	-
Accounts Payable	419	371	224	164	32	41	21	0.18
Accrued Expenses	69	74	69	60	32	28	20	-
Current Deferred Revenue	34	35	40	41	0.98	2.27	-	-
Other Current Liabilities	471	409	295	169	0.00	-	-	-
Total Noncurrent Liabilities	1,640	1,553	1,415	1,385	728	750	797	14
Long-Term Debt	1,520	1,487	1,355	1,308	716	713	757	-
Noncurrent Deferred & Payable Income Tax Liabilities	31	33	29	16	0.00	12	11	-
Other Noncurrent Operating Liabilities	89	33	31	61	7.01	1.71	0.42	14
Total Equity & Noncontrolling Interests	861	917	888	859	-31	-12	-159	5.00
Total Preferred & Common Equity	861	917	888	859	-31	-12	-159	5.00
Total Common Equity	861	917	888	859	-31	-12	-159	5.00
Common Stock	1,551	1,538	1,522	1,509	435	433	259	5.78
Retained Earnings	-587	-558	-609	-647	-466	-445	-418	-0.78
Treasury Stock	-88	-57	-16	-3.02	0.00	-	-	-
Accumulated Other Comprehensive Income / (Loss)	-15	-5.98	-8.95	0.00	-	-	-0.40	-

This table presents Custom Truck One Source's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	3,543	3,580	3,524	3,451	3,228	3,139	3,069	2,854
Total Current Assets	1,320	1,411	1,381	1,327	1,117	1,029	990	802
Cash & Equivalents	5.38	8.44	8.06	7.99	8.79	42	32	26
Note & Lease Receivable	7.96	12	15	20	42	42	46	33
Accounts Receivable	202	176	167	169	156	152	168	177
Inventories, net	1,076	1,201	1,170	1,103	889	765	714	556
Prepaid Expenses	29	14	20	26	21	28	29	9.99
Plant, Property, & Equipment, net	1,034	975	948	932	924	921	1,023	866
Total Noncurrent Assets	1,189	1,194	1,195	1,192	1,187	1,189	1,056	1,186
Goodwill	705	705	705	704	704	704	704	703
Intangible Assets	246	259	266	270	284	291	297	311
Other Noncurrent Operating Assets	238	229	224	218	199	194	55	172
Total Liabilities & Shareholders' Equity	3,543	3,580	3,524	3,451	3,228	3,139	3,069	2,854
Total Liabilities	2,729	2,742	2,667	2,554	2,314	2,219	2,165	1,992
Total Current Liabilities	1,024	1,098	1,065	993	825	729	711	562
Short-Term Debt	5.97	1.46	3.78	6.07	1.29	3.55	6.10	1.59
Accounts Payable	124	518	505	427	325	117	285	184
Accrued Expenses	81	58	53	67	73	67	70	71
Current Deferred Revenue	29	20	30	33	29	36	38	36
Other Current Liabilities	785	501	473	460	397	506	312	270
Total Noncurrent Liabilities	1,705	1,644	1,602	1,561	1,489	1,490	1,453	1,429
Long-Term Debt	1,593	1,567	1,528	1,492	1,426	1,425	1,394	1,363
Noncurrent Deferred & Payable Income Tax Liabilities	23	33	34	31	31	31	30	28
Other Noncurrent Operating Liabilities	89	44	40	37	32	34	30	38
Total Equity & Noncontrolling Interests	813	838	857	897	913	919	905	862
Total Preferred & Common Equity	813	838	857	897	913	919	905	862
Total Common Equity	813	838	857	897	913	919	905	862
Common Stock	1,553	1,547	1,545	1,540	1,534	1,530	1,525	1,519
Retained Earnings	-604	-614	-597	-572	-574	-583	-595	-640
Treasury Stock	-121	-88	-82	-63	-37	-21	-17	-6.90
Accumulated Other Comprehensive Income / (Loss)	-15	-8.14	-9.45	-8.51	-9.21	-6.38	-8.61	-10

This table displays calculated financial ratios and metrics derived from Custom Truck One Source's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	-3.37%	18.56%	34.78%	285.53%	14.66%	7.20%	20.87%	0.00%
EBITDA Growth	-8.35%	13.75%	112.51%	71.23%	-12.27%	0.41%	25.12%	0.00%
EBIT Growth	-27.18%	39.63%	418.86%	-459.00%	-65.48%	-19.94%	85.44%	0.00%
NOPAT Growth	-40.74%	73.56%	392.76%	-343.32%	-52.11%	-16.56%	83.77%	0.00%
Net Income Growth	-156.51%	30.35%	121.44%	-753.04%	21.35%	-74.24%	42.70%	0.00%
EPS Growth	-157.14%	31.25%	121.33%	-74.42%	47.56%	-13.89%	42.40%	0.00%
Operating Cash Flow Growth	494.99%	-167.18%	-66.91%	224.37%	127.91%	-54.21%	138.34%	0.00%
Free Cash Flow Firm Growth	712.52%	-37.19%	99.15%	-3,539.22%	168.89%	71.47%	0.00%	0.00%
Invested Capital Growth	-0.71%	7.45%	4.61%	208.32%	-4.25%	13.73%	63.92%	0.00%
Revenue Q/Q Growth	-0.06%	1.91%	9.03%	30.56%	2.03%	-28.45%	0.00%	0.00%
EBITDA Q/Q Growth	4.85%	0.90%	11.65%	38.77%	-9.16%	-14.13%	0.00%	0.00%
EBIT Q/Q Growth	9.76%	-0.47%	55.95%	11.62%	-43.04%	-40.02%	0.00%	0.00%
NOPAT Q/Q Growth	12.27%	-7.38%	80.27%	14.06%	-34.15%	-37.06%	0.00%	0.00%
Net Income Q/Q Growth	28.55%	-22.61%	814.34%	1.95%	-96.26%	38.49%	0.00%	0.00%
EPS Q/Q Growth	29.41%	-25.00%	-65.22%	43.18%	-330.00%	49.07%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	937.55%	-179.35%	50.64%	-1.27%	30.01%	-47.91%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	705.29%	-158.23%	-201.13%	-0.17%	256.41%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-0.52%	3.02%	1.61%	-1.29%	-4.82%	6.06%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	21.65%	24.36%	24.39%	17.99%	25.25%	32.78%	33.14%	28.34%
EBITDA Margin	21.05%	22.20%	23.14%	14.67%	33.04%	43.18%	46.10%	44.54%
Operating Margin	7.01%	9.17%	6.57%	-3.60%	5.70%	13.64%	17.53%	11.53%
EBIT Margin	7.65%	10.15%	8.62%	-3.64%	3.91%	13.00%	17.41%	11.35%
Profit (Net Income) Margin	-1.59%	2.72%	2.47%	-15.55%	-7.03%	-10.25%	-6.30%	-13.30%
Tax Burden Percent	98.18%	87.32%	83.25%	102.50%	41.43%	81.88%	112.34%	88.58%
Interest Burden Percent	-21.16%	30.66%	34.45%	416.28%	-433.38%	-96.24%	-32.23%	-132.29%
Effective Tax Rate	0.00%	12.68%	16.75%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	3.70%	6.44%	3.93%	-2.08%	1.70%	3.71%	5.90%	4.23%
ROIC Less NNEP Spread (ROIC-NNEP)	-4.09%	-0.52%	0.35%	-17.27%	-2.86%	-3.12%	-5.61%	8,678.16%
Return on Net Nonoperating Assets (RNNOA)	-6.92%	-0.82%	0.52%	-41.79%	96.81%	27.95%	-19.39%	-11.20%
Return on Equity (ROE)	-3.22%	5.62%	4.45%	-43.87%	98.51%	31.66%	-13.50%	-6.97%
Cash Return on Invested Capital (CROIC)	4.41%	-0.74%	-0.57%	-104.11%	6.05%	-9.14%	-42.54%	0.00%
Operating Return on Assets (OROA)	4.02%	6.01%	4.83%	-2.46%	1.50%	4.56%	7.83%	5.74%
Return on Assets (ROA)	-0.83%	1.61%	1.38%	-10.52%	-2.69%	-3.59%	-2.84%	-6.72%
Return on Common Equity (ROCE)	-3.22%	5.62%	4.45%	-43.87%	98.51%	31.66%	9.02%	-0.09%
Return on Equity Simple (ROE_SIMPLE)	-3.33%	5.53%	4.38%	-21.14%	68.49%	223.02%	9.78%	-541.90%
Net Operating Profit after Tax (NOPAT)	88	149	86	-29	12	25	30	16
NOPAT Margin	4.91%	8.00%	5.47%	-2.52%	3.99%	9.55%	12.27%	8.07%
Net Nonoperating Expense Percent (NNEP)	7.78%	6.96%	3.59%	15.19%	4.57%	6.83%	11.51%	-8,673.93%
Return On Investment Capital (ROIC_SIMPLE)	3.70%	6.19%	3.82%	-	-	-	-	-
Cost of Revenue to Revenue	78.35%	75.64%	75.61%	82.01%	74.75%	67.22%	66.86%	71.66%
SG&A Expenses to Revenue	12.74%	12.41%	13.40%	13.35%	15.33%	14.12%	13.29%	13.91%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.64%	15.19%	17.83%	21.59%	19.55%	19.14%	15.61%	16.81%
Earnings before Interest and Taxes (EBIT)	138	189	136	-43	12	34	43	23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	379	414	364	171	100	114	114	91
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.30	1.64	1.75	2.30	0.00	0.00	0.00	97.41
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	97.41
Price to Revenue (P/Rev)	0.62	0.80	0.99	1.70	1.19	0.76	2.04	2.39
Price to Earnings (P/E)	0.00	29.60	40.06	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	3.38%	2.50%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.11	1.24	1.30	1.52	1.57	1.30	2.04	2.24
Enterprise Value to Revenue (EV/Rev)	1.47	1.60	1.85	2.79	3.59	3.55	5.27	4.27
Enterprise Value to EBITDA (EV/EBITDA)	6.98	7.21	7.98	19.02	10.85	8.22	11.43	9.59
Enterprise Value to EBIT (EV/EBIT)	19.19	15.77	21.42	0.00	91.62	27.31	30.28	37.64
Enterprise Value to NOPAT (EV/NOPAT)	29.92	20.00	33.79	0.00	89.92	37.19	42.97	52.94
Enterprise Value to Operating Cash Flow (EV/OCF)	21.70	0.00	63.21	23.45	25.35	49.89	31.63	50.55
Enterprise Value to Free Cash Flow (EV/FCFF)	25.08	0.00	0.00	0.00	25.34	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	1.77	1.63	1.53	1.53	-23.42	-61.20	-5.02	0.00
Long-Term Debt to Equity	1.76	1.62	1.52	1.52	-23.21	-60.65	-4.95	0.00
Financial Leverage	1.69	1.57	1.50	2.42	-33.81	-8.96	3.45	0.00
Leverage Ratio	3.86	3.49	3.22	4.17	-36.66	-8.82	4.76	1.04
Compound Leverage Factor	-0.82	1.07	1.11	17.37	158.89	8.49	-1.53	-1.37
Debt to Total Capital	63.95%	61.98%	60.52%	60.49%	104.46%	101.66%	124.86%	0.00%
Short-Term Debt to Total Capital	0.33%	0.34%	0.31%	0.29%	0.94%	0.92%	1.90%	0.00%
Long-Term Debt to Total Capital	63.62%	61.64%	60.21%	60.20%	103.52%	100.74%	122.95%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	98.71%
Common Equity to Total Capital	36.05%	38.02%	39.48%	39.51%	-4.46%	-1.66%	-24.86%	1.29%
Debt to EBITDA	4.03	3.61	3.74	7.68	7.27	6.51	7.02	0.00
Net Debt to EBITDA	4.02	3.59	3.70	7.47	7.24	6.46	7.00	0.00
Long-Term Debt to EBITDA	4.01	3.59	3.72	7.64	7.21	6.45	6.92	0.00
Debt to NOPAT	17.27	10.02	15.83	-44.75	60.27	29.45	26.39	0.00
Net Debt to NOPAT	17.23	9.95	15.67	-43.53	59.99	29.20	26.32	0.00
Long-Term Debt to NOPAT	17.18	9.96	15.75	-44.53	59.73	29.18	25.99	0.00
Altman Z-Score	0.77	1.01	0.95	0.79	-0.08	-0.10	0.10	21.18
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	166.82%	98.71%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	1.30	1.41	1.37	1.49	1.45	1.49	1.28	3.45
Quick Ratio	0.23	0.29	0.39	0.53	0.90	1.00	1.02	2.84
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	106	-17	-13	-1,473	43	-62	-218	0.00
Operating Cash Flow to CapEx	86.40%	-22.94%	34.07%	156.88%	149.68%	24.03%	158.37%	82.43%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-23.88	0.00	-15.53	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	2.25	0.00	4.69	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.82	0.00	-14.83	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.52	0.59	0.56	0.68	0.38	0.35	0.45	0.51
Accounts Receivable Turnover	8.36	9.14	8.70	10.18	4.58	4.26	0.00	0.00
Inventory Turnover	1.39	1.78	2.36	4.33	7.03	7.99	0.00	0.00
Fixed Asset Turnover	1.88	2.07	1.83	1.99	0.83	0.74	0.00	0.00
Accounts Payable Turnover	3.58	4.74	6.13	9.78	6.20	5.72	15.65	827.47
Days Sales Outstanding (DSO)	43.64	39.94	41.94	35.86	79.73	85.63	0.00	0.00
Days Inventory Outstanding (DIO)	263.03	204.71	154.56	84.26	51.91	45.69	0.00	0.00
Days Payable Outstanding (DPO)	102.08	76.93	59.50	37.31	58.87	63.79	23.32	0.44
Cash Conversion Cycle (CCC)	204.59	167.72	137.01	82.81	72.77	67.53	-23.32	-0.44
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	2,385	2,402	2,236	2,137	693	724	637	388
Invested Capital Turnover	0.75	0.80	0.72	0.82	0.43	0.39	0.48	0.52
Increase / (Decrease) in Invested Capital	-17	166	99	1,444	-31	87	248	0.00
Enterprise Value (EV)	2,647	2,986	2,906	3,257	1,086	938	1,298	870
Market Capitalization	1,123	1,501	1,558	1,978	361	202	503	487
Book Value per Share	$3.69	$3.78	$3.60	$3.47	($0.63)	($0.25)	($3.16)	$0.10
Tangible Book Value per Share	($0.41)	($0.26)	($0.48)	($0.67)	($6.87)	($6.54)	($9.11)	$0.10
Total Capital	2,389	2,413	2,250	2,173	697	730	639	389
Total Debt	1,528	1,495	1,362	1,315	728	742	797	0.00
Total Long-Term Debt	1,520	1,487	1,355	1,308	721	736	785	0.00
Net Debt	1,524	1,485	1,347	1,279	724	736	795	-0.50
Capital Expenditures (CapEx)	141	135	135	89	29	78	26	21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	305	366	226	187	35	39	25	-0.07
Debt-free Net Working Capital (DFNWC)	309	377	240	222	38	45	27	0.43
Net Working Capital (NWC)	301	369	233	216	32	38	15	0.43
Net Nonoperating Expense (NNE)	117	99	47	152	33	52	46	44
Net Nonoperating Obligations (NNO)	1,524	1,485	1,347	1,279	724	736	795	-0.50
Total Depreciation and Amortization (D&A)	242	225	228	214	88	80	71	68
Debt-free, Cash-free Net Working Capital to Revenue	16.91%	19.65%	14.36%	15.99%	11.57%	14.58%	10.24%	-0.03%
Debt-free Net Working Capital to Revenue	17.12%	20.20%	15.28%	19.06%	12.70%	16.97%	11.11%	0.21%
Net Working Capital to Revenue	16.69%	19.76%	14.84%	18.52%	10.53%	14.42%	6.17%	0.21%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.12)	$0.21	$0.16	($0.75)	($0.43)	($0.82)	$0.02	$0.00
Adjusted Weighted Average Basic Shares Outstanding	236.98M	245.09M	247.15M	241.37M	49.16M	49.03M	50.31M	0.00
Adjusted Diluted Earnings per Share	($0.12)	$0.21	$0.16	($0.75)	($0.43)	($0.82)	$0.02	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	236.98M	245.73M	247.71M	241.37M	49.16M	49.03M	50.31M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.43)	($0.82)	$0.02	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	225.65M	240.27M	246.11M	247.04M	49.06M	33.07M	11.93M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	88	149	86	-29	12	25	30	17
Normalized NOPAT Margin	4.91%	8.00%	5.47%	-2.52%	3.99%	9.55%	12.27%	8.28%
Pre Tax Income Margin	-1.62%	3.11%	2.97%	-15.17%	-16.96%	-12.51%	-5.61%	-15.01%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	-0.69	0.00	8.57	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	-0.48	0.00	6.30	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	-2.12	0.00	-10.95	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	-1.91	0.00	-13.23	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-101.15%	76.60%	26.42%	-3.52%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Custom Truck One Source's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.66%	-0.19%	2.96%	-7.40%	-9.04%	7.20%	21.40%	26.16%	23.38%	36.55%	0.13%
EBITDA Growth	-3.28%	15.20%	-12.65%	-20.31%	-19.44%	3.31%	24.10%	12.78%	18.89%	51.42%	20.91%
EBIT Growth	-37.96%	21.45%	-40.91%	-52.95%	-50.66%	-1.55%	76.05%	31.93%	132.10%	516.94%	1,591.84%
NOPAT Growth	-32.47%	68.78%	-55.58%	-65.00%	-65.75%	-18.32%	229.74%	87.46%	446.79%	636.56%	-651.12%
Net Income Growth	-24.11%	71.03%	-289.72%	-310.84%	-203.88%	-47.89%	485.39%	-14.78%	521.63%	933.21%	88.39%
EPS Growth	-33.33%	83.33%	-275.00%	-300.00%	-200.00%	-53.85%	500.00%	0.00%	700.00%	-69.77%	87.50%
Operating Cash Flow Growth	487.03%	391.20%	1,132.23%	854.00%	-468.02%	-167.69%	-106.23%	-159.61%	113.12%	59.05%	-53.70%
Free Cash Flow Firm Growth	88.77%	169.57%	47.98%	17.50%	-89.78%	-161.50%	-50.57%	-301.46%	96.46%	96.67%	95.61%
Invested Capital Growth	0.84%	-0.71%	2.82%	3.25%	5.03%	7.45%	5.98%	5.07%	4.17%	4.61%	1.63%
Revenue Q/Q Growth	-18.92%	16.44%	5.72%	2.85%	-21.17%	20.12%	-4.92%	1.03%	-7.10%	36.04%	-1.19%
EBITDA Q/Q Growth	-42.42%	53.10%	8.32%	1.28%	-31.42%	16.09%	-1.17%	2.39%	-12.05%	39.45%	-10.19%
EBIT Q/Q Growth	-80.67%	168.57%	23.16%	-2.95%	-62.16%	30.66%	-1.94%	1.79%	-24.51%	133.66%	-26.52%
NOPAT Q/Q Growth	-87.59%	333.75%	30.34%	-3.79%	-68.97%	14.16%	2.70%	-5.84%	-26.01%	281.33%	-248.39%
Net Income Q/Q Growth	-164.52%	258.33%	28.85%	-70.76%	-188.92%	75.62%	-20.93%	-15.87%	-55.39%	1,398.78%	-117.49%
EPS Q/Q Growth	-172.73%	257.14%	30.00%	-66.67%	-200.00%	50.00%	-20.00%	-16.67%	-53.85%	1,400.00%	-120.00%
Operating Cash Flow Q/Q Growth	-32.19%	396.50%	-56.26%	362.84%	48.98%	-1,659.96%	68.05%	-228.29%	-90.62%	61.91%	205.79%
Free Cash Flow Firm Q/Q Growth	-113.10%	275.55%	20.77%	38.36%	18.85%	-31.26%	-25.66%	-41.78%	-11.82%	24.42%	-235.04%
Invested Capital Q/Q Growth	0.92%	-0.52%	0.71%	-0.26%	-0.63%	3.02%	1.13%	1.46%	1.65%	1.61%	0.26%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.26%	22.75%	20.53%	21.10%	22.05%	24.31%	24.67%	24.21%	24.25%	26.37%	24.64%
EBITDA Margin	18.15%	25.55%	19.43%	18.97%	19.26%	22.14%	22.91%	22.04%	21.75%	22.97%	22.41%
Operating Margin	2.94%	12.92%	5.15%	4.18%	4.47%	10.25%	8.75%	8.66%	8.82%	10.61%	6.46%
EBIT Margin	3.18%	13.33%	5.78%	4.96%	5.26%	10.96%	10.07%	9.77%	9.70%	11.93%	6.95%
Profit (Net Income) Margin	-4.21%	5.30%	-3.89%	-5.79%	-3.49%	3.09%	2.11%	2.54%	3.05%	6.36%	-0.67%
Tax Burden Percent	69.79%	103.96%	96.65%	114.34%	88.04%	77.50%	95.51%	89.32%	94.11%	98.24%	-121.10%
Interest Burden Percent	-189.94%	38.20%	-69.70%	-101.98%	-75.27%	36.39%	21.97%	29.13%	33.45%	54.23%	7.91%
Effective Tax Rate	0.00%	-3.96%	0.00%	0.00%	0.00%	22.50%	4.49%	10.68%	5.89%	1.76%	221.10%
Return on Invested Capital (ROIC)	1.56%	10.11%	2.75%	2.23%	2.45%	6.39%	6.75%	6.03%	6.18%	7.50%	-5.17%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.16%	7.30%	0.50%	-0.30%	0.55%	4.60%	4.78%	4.28%	4.42%	5.99%	-3.23%
Return on Net Nonoperating Assets (RNNOA)	-0.29%	12.35%	0.85%	-0.49%	0.86%	7.22%	7.43%	6.48%	6.74%	9.01%	-4.98%
Return on Equity (ROE)	1.26%	22.46%	3.60%	1.75%	3.31%	13.60%	14.17%	12.51%	12.93%	16.51%	-10.15%
Cash Return on Invested Capital (CROIC)	2.68%	4.41%	0.55%	0.61%	0.43%	-0.74%	1.31%	1.11%	1.35%	-0.57%	0.57%
Operating Return on Assets (OROA)	1.65%	7.00%	3.06%	2.67%	2.94%	6.48%	6.06%	5.75%	5.53%	6.68%	3.62%
Return on Assets (ROA)	-2.18%	2.78%	-2.06%	-3.11%	-1.95%	1.83%	1.27%	1.50%	1.74%	3.56%	-0.35%
Return on Common Equity (ROCE)	1.26%	22.46%	3.60%	1.75%	3.31%	13.60%	14.17%	12.51%	12.93%	16.51%	-10.15%
Return on Equity Simple (ROE_SIMPLE)	-3.95%	0.00%	-4.79%	-1.58%	2.52%	0.00%	7.17%	5.87%	6.19%	0.00%	0.49%
Net Operating Profit after Tax (NOPAT)	8.68	70	16	12	13	41	36	35	38	51	-28
NOPAT Margin	2.06%	13.43%	3.61%	2.92%	3.13%	7.94%	8.36%	7.74%	8.30%	10.42%	-7.82%
Net Nonoperating Expense Percent (NNEP)	1.72%	2.82%	2.25%	2.53%	1.90%	1.79%	1.97%	1.75%	1.76%	1.51%	-1.94%
Return On Investment Capital (ROIC_SIMPLE)	0.36%	2.93%	-	-	-	1.72%	-	-	-	2.25%	-
Cost of Revenue to Revenue	79.74%	77.25%	79.47%	78.90%	77.95%	75.69%	75.33%	75.79%	75.75%	73.64%	75.36%
SG&A Expenses to Revenue	14.08%	11.76%	12.22%	13.17%	14.10%	11.39%	13.11%	12.70%	12.60%	12.04%	13.93%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.32%	9.83%	15.38%	16.92%	17.59%	14.06%	15.92%	15.55%	15.43%	15.75%	18.19%
Earnings before Interest and Taxes (EBIT)	13	69	26	21	22	57	44	45	44	58	25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	77	133	87	80	79	116	100	101	98	112	80
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.17	1.30	0.97	1.22	1.56	1.64	1.67	1.80	1.85	1.75	1.68
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.53	0.62	0.45	0.58	0.77	0.80	0.83	0.95	1.01	0.99	1.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	61.94	29.60	23.30	30.74	29.85	40.06	339.89
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	1.61%	3.38%	4.29%	3.25%	3.35%	2.50%	0.29%
Enterprise Value to Invested Capital (EV/IC)	1.06	1.11	0.99	1.08	1.21	1.24	1.26	1.32	1.34	1.30	1.27
Enterprise Value to Revenue (EV/Rev)	1.40	1.47	1.32	1.44	1.58	1.60	1.61	1.74	1.83	1.85	1.93
Enterprise Value to EBITDA (EV/EBITDA)	6.76	6.98	6.56	6.86	7.31	7.21	7.18	7.79	8.01	7.98	8.54
Enterprise Value to EBIT (EV/EBIT)	19.63	19.19	18.90	17.90	17.28	15.77	15.48	17.77	18.92	21.42	32.01
Enterprise Value to NOPAT (EV/NOPAT)	30.21	29.92	30.14	28.79	23.23	20.00	18.28	22.36	25.10	33.79	58.37
Enterprise Value to Operating Cash Flow (EV/OCF)	13.26	21.70	202.01	0.00	0.00	0.00	75.68	45.98	38.16	63.21	91.25
Enterprise Value to Free Cash Flow (EV/FCFF)	39.66	25.08	181.27	179.15	288.72	0.00	99.56	121.81	101.05	0.00	224.26
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.97	1.77	1.87	1.79	1.67	1.63	1.56	1.55	1.55	1.53	1.58
Long-Term Debt to Equity	1.96	1.76	1.87	1.78	1.66	1.62	1.56	1.55	1.54	1.52	1.58
Financial Leverage	1.80	1.69	1.70	1.64	1.59	1.57	1.55	1.51	1.53	1.50	1.54
Leverage Ratio	4.09	3.86	3.89	3.75	3.62	3.49	3.43	3.33	3.30	3.22	3.22
Compound Leverage Factor	-7.77	1.48	-2.71	-3.83	-2.72	1.27	0.75	0.97	1.10	1.75	0.25
Debt to Total Capital	66.28%	63.95%	65.19%	64.14%	62.56%	61.98%	60.98%	60.84%	60.74%	60.52%	61.28%
Short-Term Debt to Total Capital	0.25%	0.33%	0.06%	0.16%	0.25%	0.34%	0.05%	0.15%	0.26%	0.31%	0.07%
Long-Term Debt to Total Capital	66.04%	63.62%	65.13%	63.98%	62.31%	61.64%	60.92%	60.69%	60.48%	60.21%	61.21%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	33.72%	36.05%	34.81%	35.86%	37.44%	38.02%	39.02%	39.16%	39.26%	39.48%	38.72%
Debt to EBITDA	4.24	4.03	4.33	4.09	3.79	3.61	3.48	3.65	3.69	3.74	4.19
Net Debt to EBITDA	4.23	4.02	4.31	4.07	3.77	3.59	3.46	3.55	3.60	3.70	4.11
Long-Term Debt to EBITDA	4.23	4.01	4.33	4.08	3.78	3.59	3.48	3.64	3.67	3.72	4.18
Debt to NOPAT	18.97	17.27	19.91	17.16	12.05	10.02	8.86	10.49	11.56	15.83	28.60
Net Debt to NOPAT	18.91	17.23	19.80	17.07	11.99	9.95	8.80	10.18	11.30	15.67	28.05
Long-Term Debt to NOPAT	18.90	17.18	19.89	17.12	12.00	9.96	8.85	10.47	11.51	15.75	28.57
Altman Z-Score	0.60	0.70	0.57	0.63	0.76	0.88	0.87	0.91	0.89	0.86	0.76
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.29	1.30	1.28	1.30	1.34	1.41	1.35	1.41	1.39	1.37	1.43
Quick Ratio	0.21	0.23	0.18	0.18	0.20	0.29	0.25	0.32	0.35	0.39	0.42
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-11	87	-50	-63	-101	-125	-95	-76	-53	-48	-63
Operating Cash Flow to CapEx	82.56%	444.14%	28.95%	75.32%	-92.90%	-126.52%	-4.96%	-10.10%	12.80%	89.76%	44.73%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.52	0.52	0.53	0.54	0.56	0.59	0.60	0.59	0.57	0.56	0.52
Accounts Receivable Turnover	9.76	8.36	10.85	11.24	10.83	9.14	10.98	10.93	9.71	8.70	8.43
Inventory Turnover	1.31	1.39	1.34	1.42	1.53	1.78	1.90	2.02	2.12	2.36	2.37
Fixed Asset Turnover	1.85	1.88	1.90	1.92	1.87	2.07	2.04	2.00	1.79	1.83	1.65
Accounts Payable Turnover	5.19	3.58	3.33	4.42	3.90	4.74	5.39	8.33	6.35	6.13	8.32
Days Sales Outstanding (DSO)	37.40	43.64	33.63	32.48	33.71	39.94	33.24	33.40	37.59	41.94	43.28
Days Inventory Outstanding (DIO)	278.47	263.03	271.50	256.67	238.85	204.71	191.83	180.39	172.02	154.56	154.12
Days Payable Outstanding (DPO)	70.35	102.08	109.51	82.52	93.55	76.93	67.66	43.80	57.47	59.50	43.86
Cash Conversion Cycle (CCC)	245.51	204.59	195.62	206.63	179.01	167.72	157.41	169.99	152.15	137.01	153.54
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,407	2,385	2,398	2,381	2,387	2,402	2,332	2,306	2,273	2,236	2,200
Invested Capital Turnover	0.76	0.75	0.76	0.76	0.78	0.80	0.81	0.78	0.74	0.72	0.66
Increase / (Decrease) in Invested Capital	20	-17	66	75	114	166	132	111	91	99	35
Enterprise Value (EV)	2,546	2,647	2,375	2,570	2,889	2,986	2,945	3,045	3,039	2,906	2,785
Market Capitalization	952	1,123	815	1,046	1,398	1,501	1,527	1,659	1,671	1,558	1,446
Book Value per Share	$3.60	$3.69	$3.55	$3.56	$3.73	$3.78	$3.71	$3.74	$3.68	$3.60	$3.48
Tangible Book Value per Share	($0.61)	($0.41)	($0.54)	($0.48)	($0.32)	($0.26)	($0.30)	($0.31)	($0.39)	($0.48)	($0.61)
Total Capital	2,413	2,389	2,406	2,389	2,395	2,413	2,341	2,348	2,305	2,250	2,227
Total Debt	1,599	1,528	1,569	1,532	1,498	1,495	1,427	1,429	1,400	1,362	1,365
Total Long-Term Debt	1,593	1,520	1,567	1,528	1,492	1,487	1,426	1,425	1,394	1,355	1,363
Net Debt	1,594	1,524	1,560	1,524	1,490	1,485	1,419	1,386	1,368	1,347	1,338
Capital Expenditures (CapEx)	67	18	57	50	15	22	32	50	31	46	57
Debt-free, Cash-free Net Working Capital (DFCFNWC)	297	305	306	312	332	366	284	261	252	226	215
Debt-free Net Working Capital (DFNWC)	302	309	314	320	340	377	293	303	285	240	241
Net Working Capital (NWC)	296	301	313	316	333	369	292	300	278	233	240
Net Nonoperating Expense (NNE)	26	42	34	37	27	25	27	24	24	20	-26
Net Nonoperating Obligations (NNO)	1,594	1,524	1,560	1,524	1,490	1,485	1,419	1,386	1,368	1,347	1,338
Total Depreciation and Amortization (D&A)	63	64	61	59	58	58	56	56	54	54	55
Debt-free, Cash-free Net Working Capital to Revenue	16.36%	16.91%	16.94%	17.41%	18.17%	19.65%	15.54%	14.89%	15.21%	14.36%	14.90%
Debt-free Net Working Capital to Revenue	16.66%	17.12%	17.41%	17.86%	18.61%	20.20%	16.02%	17.30%	17.16%	15.28%	16.71%
Net Working Capital to Revenue	16.33%	16.69%	17.33%	17.65%	18.28%	19.76%	15.95%	17.10%	16.79%	14.84%	16.60%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.08)	$0.11	($0.07)	($0.10)	($0.06)	$0.06	$0.04	$0.05	$0.06	$0.13	($0.01)
Adjusted Weighted Average Basic Shares Outstanding	228.28M	236.98M	234.44M	239.73M	240.36M	245.09M	245.81M	246.13M	246.05M	247.15M	247.70M
Adjusted Diluted Earnings per Share	($0.08)	$0.11	($0.07)	($0.10)	($0.06)	$0.06	$0.04	$0.05	$0.06	$0.13	($0.01)
Adjusted Weighted Average Diluted Shares Outstanding	228.28M	236.98M	234.44M	239.73M	240.36M	245.73M	246.59M	246.96M	247.05M	247.71M	247.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	226.48M	225.65M	233.43M	236.21M	240.42M	240.27M	242.88M	246.26M	246.09M	246.11M	246.59M
Normalized Net Operating Profit after Tax (NOPAT)	8.68	47	16	12	13	41	36	35	38	51	16
Normalized NOPAT Margin	2.06%	9.04%	3.61%	2.92%	3.13%	7.94%	8.36%	7.74%	8.30%	10.42%	4.52%
Pre Tax Income Margin	-6.04%	5.09%	-4.03%	-5.06%	-3.96%	3.99%	2.21%	2.85%	3.24%	6.47%	0.55%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-170.65%	-101.15%	-119.41%	-424.30%	197.04%	76.60%	43.44%	27.45%	20.37%	26.42%	41.18%

Frequently Asked Questions About Custom Truck One Source's Financials

When does Custom Truck One Source's fiscal year end?

According to the most recent income statement we have on file, Custom Truck One Source's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Custom Truck One Source's net income changed over the last 7 years?

Custom Truck One Source's net income appears to be on a downward trend, with a most recent value of -$28.66 million in 2024, rising from -$27.10 million in 2017. The previous period was $50.71 million in 2023. See Custom Truck One Source's forecast for analyst expectations on what’s next for the company.

What is Custom Truck One Source's operating income?

Custom Truck One Source's total operating income in 2024 was $126.36 million, based on the following breakdown:

Total Gross Profit: $390.27 million
Total Operating Expenses: $263.91 million

How has Custom Truck One Source revenue changed over the last 7 years?

Over the last 7 years, Custom Truck One Source's total revenue changed from $203.77 million in 2017 to $1.80 billion in 2024, a change of 784.5%.

How much debt does Custom Truck One Source have?

Custom Truck One Source's total liabilities were at $2.64 billion at the end of 2024, a 7.8% increase from 2023, and a 18,412.8% increase since 2017.

How much cash does Custom Truck One Source have?

In the past 7 years, Custom Truck One Source's cash and equivalents has ranged from $501.93 thousand in 2017 to $35.90 million in 2021, and is currently $3.81 million as of their latest financial filing in 2024.

How has Custom Truck One Source's book value per share changed over the last 7 years?

Over the last 7 years, Custom Truck One Source's book value per share changed from 0.10 in 2017 to 3.69 in 2024, a change of 3,612.1%.

Related Companies

This page (NYSE:CTOS) was last updated on 5/21/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Custom Truck One Source (CTOS) Financials

Frequently Asked Questions About Custom Truck One Source's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Custom Truck One Source (CTOS) Financials

Annual Income Statements for Custom Truck One Source

Quarterly Income Statements for Custom Truck One Source

Annual Cash Flow Statements for Custom Truck One Source

Quarterly Cash Flow Statements for Custom Truck One Source

Annual Balance Sheets for Custom Truck One Source

Quarterly Balance Sheets for Custom Truck One Source

Annual Metrics And Ratios for Custom Truck One Source

Quarterly Metrics And Ratios for Custom Truck One Source

Frequently Asked Questions About Custom Truck One Source's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools