CTOSNYSEServices-Equipment Rental & Leasing, NECUS GAAP · USD

Custom Truck One Source, Inc.

Custom Truck One Source, Inc. provides specialty trucks, heavy equipment, and related services for infrastructure-heavy end markets across North America. The company combines rental, new and used equipment sales, aftermarket parts, and repair/customization services into a single operating model aimed at utilities, contractors, and other industrial customers with technical fleet needs.

Kysy yhtiöstä
Liikevaihto1 446milj. USD
+6,4 %v/v
Liikevoitto (EBIT)125milj. USD
−1,1 %v/v
EBIT-marginaali8,6%
−0,7 %-yks.v/v
Nettotulos−31,1milj. USD
−8,4 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−50005001 0001 500milj. USD2020: 115 milj. USD2020: EBIT 17 milj. USD20202021: 788 milj. USD2021: EBIT −42 milj. USD20212022: 1 085 milj. USD2022: EBIT 103 milj. USD20222023: 1 331 milj. USD2023: EBIT 171 milj. USD20232024: 1 360 milj. USD2024: EBIT 126 milj. USD20242025: 1 446 milj. USD2025: EBIT 125 milj. USD20251 446125
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Custom Truck One Source, Inc.

Liiketoiminta

Osuus liikevaihdosta
Equipment Rental Solutions (ERS)45 %

Rental of specialty trucks and equipment used in utility, telecom, rail, and infrastructure projects.

Truck and Equipment Sales (TES)35 %

Sale of new and used specialty equipment, vocational trucks, and upfit services.

Aftermarket Parts and Services (APS)20 %

Parts, tools, accessories, maintenance, repair, and field support services.

Tuotteet

Raportoitu · osuus liikevaihdosta
89,8%8,5%FY2025100 %
  • Sales and Services Equipment Sales89,8 %
  • Sales and Services Parts and Services8,5 %
  • Rental Revenue1,8 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company sells to a broad base of infrastructure-focused customers, including utilities, contractors, telecom operators, rail-related customers, and other industrial service providers. These customers buy or rent equipment because they need specialized fleets quickly, want to avoid large capital outlays, and value a single vendor that can supply equipment, parts, and service support.

Electric utility transmission and distribution

Buys specialty trucks and rental equipment for line maintenance, upgrades, and new builds.

Infrastructure contractors

Rents and purchases equipment for project-based work where flexibility and uptime matter.

Telecommunications

Uses bucket trucks and related equipment for network buildout and maintenance.

Rail

Buys or rents specialized equipment for rail maintenance and infrastructure work.

Forestry and waste management

Purchases or rents specialty vehicles and tools for field operations and service work.

Strategia

The company is focused on deepening its one-stop-shop model by combining rental, sales, parts, and service around the same customer base. Management emphasizes fleet utilization, national asset repositioning, and direct-to-customer sales to improve returns, shorten lead times, and strengthen customer retention.

Increase fleet utilization and national asset flexibilityLyhyt aikaväli

Higher utilization improves returns on the rental fleet and supports cash generation.

Deepen customer relationships through bundled offeringsKeskipitkä aikaväli

Selling rental, parts, and service to the same customer increases penetration and retention.

Expand customized equipment and direct sales capabilitiesKeskipitkä aikaväli

Customization and direct sales support pricing power, shorter lead times, and better resale outcomes.

Maantiede

Q1/2026

Custom Truck operates more than 40 locations across the United States and Canada, with a nationwide branch network and mobile technician coverage supporting customers in the field. The business is concentrated in North America, so demand is tied to U.S. and Canadian infrastructure spending, utility capex, and regional fleet utilization patterns.

USA99 %
Kanada1,4 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business depends on efficient fleet management, reliable supply chains, and continued demand from infrastructure end markets. Because the company owns and maintains a large specialty fleet, utilization, asset placement, and residual values can materially affect profitability, while tariffs, inflation, and supply disruptions can raise costs and delay production.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Supply chain disruption and input cost inflation1Tariffs and trade restrictions2Rental fleet utilization and asset management3Cybersecurity and IT disruption4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Supply chain disruption and input cost inflationVaikutus: KorkeaTodennäköisyys: Korkea

    The company depends on raw materials, component parts, and finished goods for manufacturing and fleet support.

    KohdistuuSteelAluminumOther sourced components
  2. Tariffs and trade restrictionsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Higher tariffs can increase the cost of imported goods and raw materials and squeeze margins if not passed through.

    Kohdistuu: Imported components and raw materials

  3. Rental fleet utilization and asset managementVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The business relies on keeping specialty equipment deployed where demand exists; misallocation reduces returns.

    Kohdistuu: ERS fleet and national repositioning

  4. Cybersecurity and IT disruptionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company relies on connected systems, call-center support, and field coordination across a distributed network.

    Kohdistuu: Customer data and operational systems

  5. Goodwill impairmentVaikutus: Keskitaso

    Reporting unit values depend on future cash flows and market conditions in utility, telecom, rail, and infrastructure markets.

    KohdistuuERSTESAPS reporting units
Kysy Clarifolta: Custom Truck One Source, Inc.

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition by business line

Rental, equipment sales, and parts/service revenue are recognized differently and affect period comparability.

Vaikutus: Mix shifts can change reported margins and growth rates

Rental equipment depreciation and residual values

The company depreciates fleet assets over estimated useful lives and residual values.

Vaikutus: Changes in estimates affect depreciation expense and book value

Goodwill impairment

Management tests ERS, TES, and APS using discounted cash flow and market assumptions.

Vaikutus: Adverse market changes could trigger impairment charges

Allowance for doubtful accounts

Collectability estimates are recorded directly against rental revenue and receivables.

Vaikutus: Credit deterioration can reduce revenue and increase bad debt expense

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026

Custom Truck One Source, Inc. (CTOS) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo