Custom Truck One Source (CTOS) Current Leases (2018 - 2023)
Custom Truck One Source (CTOS) posted Current Leases of $247,000 for Q2 2023, down 92.2% from $3.18 million a year earlier and down 71.0% from the prior quarter.
Custom Truck One Source (CTOS) Current Leases (2018 - 2023) Analysis & Trends
At the end of FY2022, Custom Truck One Source's Current Leases came in at $1.8 million, down 55.5% from FY2021.
- Annual Current Leases has declined for three consecutive years, with a four-year compound annual growth rate of -22.1% (FY2018 to FY2022).
- In prior years, Custom Truck One Source's Current Leases was $4.04 million in FY2021 (-23.5%), $5.28 million in FY2020 (-3.2%), $5.45 million in FY2019 (+12.0%) and $4.87 million in FY2018.
- The Q2 2023 figure stands as the lowest quarterly Current Leases in data going back to Q4 2018.
- On a year-over-year basis, Current Leases has declined in each of the last 11 quarters, with an average decline of 48.1% over the last eight quarters.
- The strongest year-over-year quarter for Current Leases in the past five years was Q3 2020, with growth of 50.1%; the weakest was Q2 2023, with a decline of 92.2%.
- According to Business Quant data, Current Leases for the three prior quarters was $852,000 (Q1 2023), $1.8 million (Q4 2022) and $2.47 million (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn | - |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn | - |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn | - |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn | - |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn | - |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn | - |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | - |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn | - |
| 10 | Custom Truck One Source | 2.07 Bn | 2.03 Bn | 123.97 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 247,000.00 |
| Mar 31, 2023 | 852,000.00 |
| Dec 31, 2022 | 1.80 Mn |
| Sep 30, 2022 | 2.47 Mn |
| Jun 30, 2022 | 3.18 Mn |
| Mar 31, 2022 | 4.56 Mn |
| Dec 31, 2021 | 4.04 Mn |
| Sep 30, 2021 | 4.47 Mn |
| Jun 30, 2021 | 4.82 Mn |
| Mar 31, 2021 | 5.06 Mn |
| Dec 31, 2020 | 5.28 Mn |
| Sep 30, 2020 | 7.98 Mn |
| Jun 30, 2020 | 8.08 Mn |
| Mar 31, 2020 | 7.43 Mn |
| Dec 31, 2019 | 5.45 Mn |
| Sep 30, 2019 | 5.31 Mn |
| Dec 31, 2018 | 4.87 Mn |
Custom Truck One Source Current Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-leases&ticker=CTOS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "ticker": "CTOS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-leases&ticker=CTOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();