CTOSCustom Truck One Source, Inc.

$9.59

Is the business good?

How good a business is CTOS?

Custom Truck One Source, Inc. earns 4.7% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

4.7%

Return on invested capital · cost of capital 9.0% · 4.3 points below what the capital costs: growth destroys value

Operating margin
7.3%

Operating margin · Rental & Leasing Services median 7.9% · 12 months to Q1 2026

Share count, year on year
−0.72%

Share count, year on year · flat: no meaningful dilution

Gross margin
22%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY20205.7%
FY2021−3.6%
FY20226.6%
FY20239.2%
FY20247.0%
FY20256.4%
Details
Gross margin12 months to Q1 2026
22%
Operating margin12 months to Q1 2026
7.3%
Net margin12 months to Q1 2026
−0.88%
Revenue, trailing twelve months
$1.98B
Net income, trailing twelve months
−$17M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
4.7%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.