CTOS Q3 2023 Earnings — Custom Truck One Source, Inc. Revenue & Financial Results | Market Cap Arena

CTOSCustom Truck One Source, Inc.

$1B

Q3 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$434M+21.4% YoY

Gross Profit

$98M22.5% margin

Operating Income

$41M9.4% margin

Net Income

$9M2.1% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

-$57M

Free Cash Flow

-$136M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.3B

Stockholders' Equity

$913M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$434M	$358M	+21.4%
Gross Profit	$98M	$79M	+23.2%
Operating Income	$41M	$30M	+38.2%
Net Income	$9M	-$2M	+485.4%

Revenue Segments

Sales And Services

$316M73%

Rental Revenue, Excluding Shipping And Handling

$112M26%

Rental Revenue, Shipping And Handling

$6M1%

Geographic Segments

UNITED STATES

$425M98%

CANADA

$10M2%