CTOS Q2 2024 Earnings — Custom Truck One Source, Inc. Revenue & Financial Results | Market Cap Arena

CTOSCustom Truck One Source, Inc.

$1B

Q2 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$423M-7.4% YoY

Gross Profit

$79M18.7% margin

Operating Income

$24M5.6% margin

Net Income

-$24M-5.8% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

-$40M

Free Cash Flow

-$130M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.7B

Stockholders' Equity

$857M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$423M	$457M	-7.4%
Gross Profit	$79M	$101M	-21.8%
Operating Income	$24M	$43M	-45.6%
Net Income	-$24M	$12M	-310.8%

Revenue Segments

Sales And Services

$320M76%

Rental Revenue, Excluding Shipping And Handling

$98M23%

Rental Revenue, Shipping And Handling

$5M1%

Geographic Segments

UNITED STATES

$414M98%

CANADA

$9M2%