Custom Truck One Source Inc
Custom Truck One Source, Inc. provides specialty equipment rental and sale services to electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. It operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Serv… Read more
Custom Truck One Source Inc (CTOS) - Net Assets
Latest net assets as of September 2025: $784.68 Million USD
Based on the latest financial reports, Custom Truck One Source Inc (CTOS) has net assets worth $784.68 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.54 Billion) and total liabilities ($2.76 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $784.68 Million |
| % of Total Assets | 22.16% |
| Annual Growth Rate | 12.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 41.57 |
Custom Truck One Source Inc - Net Assets Trend (2017–2024)
This chart illustrates how Custom Truck One Source Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Custom Truck One Source Inc (2017–2024)
The table below shows the annual net assets of Custom Truck One Source Inc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $861.31 Million | -6.09% |
| 2023-12-31 | $917.20 Million | +3.24% |
| 2022-12-31 | $888.44 Million | +3.49% |
| 2021-12-31 | $858.51 Million | +2863.41% |
| 2020-12-31 | $-31.07 Million | -156.12% |
| 2019-12-31 | $-12.13 Million | -103.08% |
| 2018-12-31 | $394.02 Million | +1.33% |
| 2017-12-31 | $388.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Custom Truck One Source Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 58575052900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $25.00K | 0.00% |
| Other Comprehensive Income | $-14.74 Million | -1.71% |
| Other Components | $1.46 Billion | 169.81% |
| Total Equity | $861.31 Million | 100.00% |
Custom Truck One Source Inc Competitors by Market Cap
The table below lists competitors of Custom Truck One Source Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Comens New Materials
SHE:300200
|
$377.89 Million |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
$377.98 Million |
|
Chengdu JOUAV Automation Tech Co. Ltd. A
SHG:688070
|
$377.98 Million |
|
Henan Qingshuiyuan Technology Co Ltd
SHE:300437
|
$378.05 Million |
|
Berry Genomics Co Ltd
SHE:000710
|
$377.87 Million |
|
Suntront Tech
SHE:300259
|
$377.86 Million |
|
ABIVAX Société Anonyme
PINK:AAVXF
|
$377.86 Million |
|
Myson Century, Inc.
TWO:5314
|
$377.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Custom Truck One Source Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 917,203,000 to 861,309,000, a change of -55,894,000 (-6.1%).
- Net loss of 28,655,000 reduced equity.
- Share repurchases of 28,984,000 reduced equity.
- Other comprehensive income decreased equity by 8,766,000.
- Other factors increased equity by 10,511,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-28.66 Million | -3.33% |
| Share Repurchases | $28.98 Million | -3.37% |
| Other Comprehensive Income | $-8.77 Million | -1.02% |
| Other Changes | $10.51 Million | +1.22% |
| Total Change | $- | -6.09% |
Book Value vs Market Value Analysis
This analysis compares Custom Truck One Source Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.72x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.24x to 1.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $1.95 | $6.32 | x |
| 2018-12-31 | $1.97 | $6.32 | x |
| 2019-12-31 | $-0.07 | $6.32 | x |
| 2020-12-31 | $-0.13 | $6.32 | x |
| 2021-12-31 | $3.56 | $6.32 | x |
| 2022-12-31 | $3.59 | $6.32 | x |
| 2023-12-31 | $3.73 | $6.32 | x |
| 2024-12-31 | $3.67 | $6.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Custom Truck One Source Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.59%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 4.07x
- Recent ROE (-3.33%) is below the historical average (-1.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -0.20% | -0.38% | 0.51x | 1.04x | $-39.66 Million |
| 2018 | 1.31% | 2.10% | 0.60x | 1.04x | $-34.23 Million |
| 2019 | 0.00% | -10.25% | 0.32x | 0.00x | $-25.84 Million |
| 2020 | 0.00% | -7.03% | 0.39x | 0.00x | $-18.17 Million |
| 2021 | -21.14% | -15.55% | 0.43x | 3.13x | $-267.35 Million |
| 2022 | 4.38% | 2.47% | 0.54x | 3.31x | $-49.94 Million |
| 2023 | 5.53% | 2.72% | 0.55x | 3.67x | $-41.01 Million |
| 2024 | -3.33% | -1.59% | 0.51x | 4.07x | $-114.79 Million |
Industry Comparison
This section compares Custom Truck One Source Inc's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $1,407,402,768
- Average return on equity (ROE) among peers: -22.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Custom Truck One Source Inc (CTOS) | $784.68 Million | -0.20% | 3.51x | $377.88 Million |
| AerCap Holdings NV (AER) | $95.64 Million | -290.23% | 46.07x | $21.49 Billion |
| Senmiao Technology Ltd (AIHS) | $12.57 Million | -4.27% | 0.58x | $6.15 Million |
| Artificial Intelligence Technology Solutions Inc (AITX) | $-746.83K | 0.00% | 0.00x | $12.64 Million |
| Air Lease Corporation (AL) | $7.16 Billion | 8.58% | 3.25x | $6.80 Billion |
| ALD S.A (ALLDF) | $2.76 Billion | 15.36% | 4.69x | $6.73 Billion |
| Alta Equipment Group Inc (ALTG) | $-8.62K | 0.00% | 0.00x | $101.18 Million |
| TOUAX (ALTOU) | $129.11 Million | -2.48% | 2.40x | $21.06 Million |
| Autohellas S.A (AOHLF) | $195.75 Million | 11.59% | 1.92x | $66.70 Million |
| Ashtead Group plc (ASHTF) | $3.28 Billion | 20.18% | 1.84x | $20.11 Billion |
| Ashtead Gro (ASHTY) | $442.03 Million | 17.62% | 2.79x | $30.08 Billion |