Custom Truck One Source Inc (CTOS)

Custom Truck One Source's stock has experienced an upward trend, with a 1-year total shareholder return more than doubling at 104% and a year-to-date rally of nearly 37% as of late October 2025. On October 27, 2025, CTOS stock reached a 52-week high, closing at $6.75 USD. However, the company's third-quarter 2025 earnings report showed mixed results, with revenue increasing by 7.8% year-over-year to $482.1 million but falling short of analyst expectations. The company reported a net loss of $0.03 per share, slightly worse than expected, leading to a stock price drop. Despite the miss, the Equipment Rental Solutions (ERS) segment showed strong performance, with rental revenue increasing 17.7% year-over-year and fleet utilization reaching over 79%. The Truck and Equipment Sales (TES) segment revenue increased 6% year-over-year, with signed orders up 30%. In the second quarter of 2025, Custom Truck One Source reported better-than-expected revenue of $511.5 million, a 20.9% year-on-year increase, exceeding analyst estimates, but its GAAP loss of $0.13 per share was significantly below consensus estimates.

Demand for Custom Truck One Source's products and services is driven by long-term trends such as ongoing grid modernization, infrastructure spending, and increasing electricity usage. The company anticipates benefiting from the spending required for data center and electrification investments, as well as continued utility grid upgrades. There is recurring demand across the utility and construction sectors. The Equipment Rental Solutions (ERS) segment has shown strong demand, with increased rental revenue and fleet utilization. The Truck and Equipment Sales (TES) segment also experiences robust demand for vocational vehicles. While the information indicates consistent and growing demand drivers, explicit details on traditional seasonal fluctuations are not detailed in the provided search results. However, the company's diversified portfolio across various end-markets like electric utility, telecom, and forestry helps reduce reliance on any single market.

Custom Truck One Source, Inc. (CTOS) is a North American provider of specialty equipment, parts, and services, primarily serving industries such as electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related sectors. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS), with TES being the primary revenue generator. Its offerings include the rental and sale of new and used specialty equipment, equipment customization, remanufacturing, financing solutions, asset disposal services, and maintenance and repair services. Custom Truck One Source is categorized within the Industrials sector, specifically in the Business Services industry.

Custom Truck One Source, Inc. has a significant market presence across the United States and Canada, supported by over 140 branch locations. This extensive network enables the company to serve both national accounts and local contractors effectively.

Custom Truck One Source has established a strong market presence, and its brand is recognized for quality and reliability, which is crucial in industries relying on the performance and safety of specialty equipment. The company's ability to generate substantial equipment sales reflects its strong market position. No specific events negatively impacting the company's brand reputation in the past year were found beyond the financial performance discussed in the "Stock Events" section.

Custom Truck One Source (NYSE: CTOS) is primarily owned by institutional shareholders, who hold 95.55% of the company. Insiders own 177.47% of the company, while retail investors hold 0.00%. Major institutional owners include Platinum Equity Advisors, LLC/DE, T. Rowe Price Investment Management, Inc., Boston Partners, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd., BlackRock, Inc., Dimensional Fund Advisors Lp, and Vanguard Group Inc. Pe One Source Holdings LLC is the largest individual shareholder, owning 156.74 million shares, representing 69.18% of the company. Other significant insider owners include Ecp Cardinal Holdings LP, Ecp Controlco LLC, Nesco Holdings LP, and Mark Ein.