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Custom Truck One Source, Inc. (CTOS) is the premier single-source provider of specialized truck and heavy equipment solutions in North America. The company offers a comprehensive range of services, including sales, rentals, aftermarket parts and service, equipment customization, remanufacturing, financing solutions, and asset disposal. With a vast equipment inventory and a network of integrated locations, CTOS ensures unmatched efficiency and superior service for its customers.
The company serves a diverse range of industries such as electric utility transmission and distribution, forestry, telecom, waste management, rail, and infrastructure. Its operations are segmented into three primary categories: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). The TES segment is the largest contributor to the company's revenue.
Custom Truck One Source is headquartered in the United States and derives the majority of its revenue from this geography. The company's recent achievements include expanding its equipment fleet, enhancing service offerings, and forming strategic partnerships to better serve its clients. Through continuous innovation and customer-centric services, CTOS aims to maintain its leadership position in the market.
CTOS is committed to providing high-quality equipment and exceptional customer support, making it a trusted partner for businesses in need of specialized equipment solutions. Whether it’s for short-term rentals or long-term purchases, Custom Truck One Source has the expertise and resources to meet the unique needs of its customers.
For the latest updates and developments, visit our news section which contains the most recent information about the company's performance, events, and ongoing projects.
Custom Truck One Source (CTOS) is set to release its first quarter 2023 financial results on May 9, 2023, after market close. Management will hold a conference call to discuss the results at 5:00 p.m. ET on the same day, with a webcast available for public access.
The company is a leading provider of specialty equipment and services in North America, catering to sectors such as electric utility, telecommunications, and rail markets. Custom Truck One Source operates a rental fleet exceeding 10,000 units, which includes various specialized equipment necessary for infrastructure maintenance and installation.
Custom Truck One Source, trading under the ticker CTOS, has officially opened a new location in
This strategic move is expected to enhance operational capacity and customer service, further solidifying Custom Truck's position as a market leader.
Custom Truck One Source, Inc. (CTOS) reported robust financial results for Q4 and FY 2022. Q4 revenue surged 36.6% to $486.7 million, while annual revenue reached $1.573 billion, up 34.8% from 2021. Gross profit improved by 64.7% in Q4, totaling $128.3 million, with net income rebounding to $30.9 million from a loss in Q4 2021. Adjusted EBITDA for FY 2022 was $393 million, marking a 21.6% increase. The company appointed Ryan McMonagle as CEO, with strong operational momentum and demand expected to continue in 2023. Guidance for this year anticipates revenues between $1.61 billion and $1.73 billion, driven by growth across all segments.
Custom Truck One Source (NYSE: CTOS) announced that its President and COO, Ryan McMonagle, along with CFO, Chris Eperjesy, will present at the J.P. Morgan 2023 Industrials Conference in New York City on March 16, 2023, at 3:00 p.m. ET. The presentation will include a fireside chat and a Q&A session. A live audio-only webcast will be accessible via the Company’s Investor Relations website, with a replay available for 30 days. Custom Truck One Source specializes in providing truck and heavy equipment solutions across various markets in North America, including rentals and manufacturing.
Custom Truck One Source (NYSE: CTOS) will release its fourth quarter and full year 2022 financial results after the market close on March 14, 2023. The management team will host a conference call to discuss the results at 5:00 p.m. ET on the same day. Investors can access the webcast and presentation via their investor page. A replay of the call will be available until March 21, 2023.
Custom Truck One Source (NYSE: CTOS) announced that President Ryan McMonagle and CFO Chris Eperjesy will present at the CJS Securities 23rd Annual New Ideas for the New Year Investor Conference on January 11, 2023. The event will be held virtually, starting at 10:15 a.m. ET, featuring a fireside chat and Q&A session. Investors can listen to a live audio webcast on the Company's Investor Relations website, with a replay available for 30 days after the conference. Custom Truck One Source provides specialized truck and heavy equipment solutions across North America.
Custom Truck One Source (CTOS) announced the retirement of CEO Fred Ross effective March 20, 2023. Ryan McMonagle, the current President and COO, will succeed him. The Board unanimously approved this transition as part of a succession plan. Ross will remain with the company as Founder and Board member, assisting in leadership transition and special projects. McMonagle, who joined CTOS in 2015, aims to uphold the company's reputation and further its growth in specialized truck and heavy equipment solutions in North America.
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