Custom Truck One Source Inc (CTOS)

Custom Truck One Source reported Q2 2025 revenue of $511 million, a 21% increase year-over-year, with adjusted gross profit and adjusted EBITDA both rising by 17%. The stock experienced a considerable decline over the six months prior to September 2024, reaching a 52-week low of $3.42. The company reported total revenue of $482.06 million for Q3 2025, an increase of 7.79% year-over-year, but it missed revenue expectations. R. Todd Barrett resigned as Chief Accounting Officer, effective January 16, 2026. As of January 2026, Custom Truck One Source holds a consensus "Hold" rating from analysts, with an average price target of $7.13.

Demand for Custom Truck One Source's products and services is influenced by its core end markets, particularly the utility and infrastructure sectors. The company experienced unexpected volatility in its Equipment Rental Solutions (ERS) segment rental markets in 2024, but a return to strong demand was observed in the second half of fiscal year 2024, which has continued into 2025. There are indications of potential year-end selling tailwinds, possibly due to incentives like bonus depreciation.

Custom Truck One Source, Inc. (CTOS) is a North American distributor of trucks and heavy equipment, providing specialty equipment, parts, tools, accessories, and services. It operates within the Industrials sector, serving critical infrastructure end markets like electric utility, telecommunications, rail, forestry, waste management, and construction. Its major segments include Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS), offering rental, sales, and maintenance services, respectively.

Custom Truck One Source operates across North America through an extensive network of locations in the United States. The company's corporate office is located in Kansas City, Missouri.

No specific information regarding Custom Truck One Source, Inc.'s brand reputation or any events that have significantly affected its reputation in the past year was found in the provided search results.

Platinum Equity Advisors, LLC/DE is the primary institutional investor, holding 69.18% of the company's stock. Other major institutional owners include Boston Partners, Mirae Asset Global Investments Co., Ltd., Canvas Wealth Advisors, LLC, Dimensional Fund Advisors LP, Allspring Global Investments, LLC, BlackRock, Inc., The Vanguard Group, Inc., T. Rowe Price Group, Inc., and ACK Asset Management LLC. Individual insiders collectively own 4.42% of the shares.