CTOS Q1 2024 Earnings — Custom Truck One Source, Inc. Revenue & Financial Results | Market Cap Arena

CTOSCustom Truck One Source, Inc.

$1B

Q1 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$411M-9.0% YoY

Gross Profit

$81M19.7% margin

Operating Income

$23M5.6% margin

Net Income

-$14M-3.5% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-21.2%

Cash Flow

Operating Cash Flow

-$69M

Free Cash Flow

-$144M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.6B

Stockholders' Equity

$897M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$411M	$452M	-9.0%
Gross Profit	$81M	$100M	-19.1%
Operating Income	$23M	$43M	-46.4%
Net Income	-$14M	$14M	-203.9%

Revenue Segments

Sales And Services

$305M74%

Rental Revenue, Excluding Shipping And Handling

$102M25%

Rental Revenue, Shipping And Handling

$5M1%

Geographic Segments

UNITED STATES

$398M97%

CANADA

$14M3%