Custom Truck One Source Inc (CTOS)

In the past six months, Custom Truck One Source's stock (CTOS) has experienced several notable events. CTOS released its Q1 2026 earnings, reporting a loss of -$0.02 per share, beating estimates, which led to a stock price increase. The company reported its fourth-quarter and full-year 2025 results, achieving record quarterly revenue and an 18% increase in Adjusted EBITDA for the quarter, but also reported a full-year net loss, which caused the stock to decline. Custom Truck One Source reaffirmed its 2026 revenue guidance, signaling management's confidence in demand, which positively influenced the stock. Between April 28, 2025, and April 24, 2026, the share price increased by 110.60%, and as of May 8, 2026, the stock was trading near its 52-week high.

Custom Truck One Source experiences anticipated seasonal trends, particularly within its Truck and Equipment Sales (TES) segment. The demand for vocational vehicles across its various end markets remains sustained and robust. The electric utility transmission and distribution market, in particular, shows very strong and even record-level demand for equipment. This consistent demand, coupled with a healthy sales order backlog, supports the company's performance and growth outlook.

Custom Truck One Source, Inc. (CTOS) is a leading North American provider of specialty equipment, offering rentals, sales of new and used equipment, and aftermarket parts and services. The company operates within the Industrials sector, specifically in the Equipment Rental industry, serving a diverse customer base across various infrastructure-related end markets. Its major products and services encompass a wide range of specialized equipment, including trucks and aftermarket parts and services. The trucks include bucket trucks, digger derricks, dump trucks, cranes, service trucks, heavy-haul trailers, cable placers, boom trucks, rail trucks, water trucks, chip trucks, roll-offs, hook lifts, container delivery units, building supply trucks, propane, and refined fuel trucks. The company also offers sales of aftermarket replacement parts for various equipment, as well as repair, maintenance, and customization services.

Custom Truck One Source has a significant geographic presence across North America, operating out of more than 40 locations in the United States and Canada. Its headquarters are located in Kansas City, Missouri. The company has expanded its footprint with facilities in various states, including Sedalia, MO, Fort Worth, TX, Elk Point, SD, Atlanta, GA, Oklahoma City, OK, Houston, TX, Denver, CO, Canton, OH, Cabot, AR, Cinnaminson, NJ, Forest, VA, and a new location opened in Orlando, Florida, on October 1, 2025, to serve the Southeast region.

In the past year, Custom Truck One Source's brand reputation appears to be positively influenced by its strong market position and operational performance. The company is recognized as a leading provider of specialty equipment with a "one-stop-shop" model, which contributes to customer satisfaction. Its strategic focus on key operating segments and diversification of service offerings enhance its market presence. The company has also received industry and local market awards in the past. There were no specific negative events impacting Custom Truck One Source's brand reputation reported in the past year.

Custom Truck One Source, Inc. has a significant institutional ownership. As of May 1, 2026, there were 161 institutional owners and shareholders holding a total of 216,495,140 shares. Major institutional owners include Platinum Equity Advisors, LLC/DE, Canvas Wealth Advisors, LLC, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd., Dimensional Fund Advisors Lp, BlackRock, Inc., Allspring Global Investments Holdings, LLC, Boston Partners, Vanguard Group Inc, Alyeska Investment Group, L.P., and Bank Of America Corp /de/. Platinum Equity LLC and Pe One Source Holdings LLC are also significant owners, with Pe One Source Holdings LLC owning 156.74 million shares, representing 68.92% of the company. Fredrick M. Ross Jr. is listed as an insider.