Custom Truck One Source (CTOS) Depreciation Expense (2018 - 2026)

Custom Truck One Source recorded quarterly Depreciation Expense of $56.2 million in Q1 2026, down 1.0% quarter-over-quarter from $56.8 million in Q4 2025, and up 1582.54% year-over-year from $3.3 million in Q1 2025.

Custom Truck One Source's Depreciation Expense history runs 9 years deep, the most recent figure standing at $56.2 million for Q1 2026.

  • In Q1 2026, Depreciation Expense rose 1582.54% year-over-year to $56.2 million; the TTM figure through Mar 2026 stood at $221.7 million (up 418.61% YoY), while the FY2025 annual figure was $215.6 million, up 1522.29% from the prior year.
  • Depreciation Expense came in at $56.2 million for Q1 2026 at Custom Truck One Source, down from $56.8 million in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $56.8 million in Q4 2025 to a low of -$121.5 million in Q4 2022.
  • A 5-year average of $10.3 million and a median of $3.5 million in 2024 frame the typical range for Depreciation Expense.
  • Across the five-year window, Depreciation Expense plunged 4609.62% in 2024 and jumped 1582.54% in 2026, its largest moves.
  • Custom Truck One Source's Depreciation Expense stood at -$121.5 million in 2022, then jumped by 102.21% to $2.7 million in 2023, then slumped by 4609.62% to -$121.0 million in 2024, then soared by 146.91% to $56.8 million in 2025, then retreated by 1.0% to $56.2 million in 2026.
  • According to Business Quant data, Depreciation Expense over the past three periods registered $56.2 million, $56.8 million, and $54.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation (Qtr)
1 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn -
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn -
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn 325.22 Mn
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn 174.60 Mn
5 Avis Budget 5.57 Bn 5.16 Bn - 664.00 Mn
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn 68.76 Mn
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn 242.00 Mn
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn 22.72 Mn
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn 56.20 Mn
10 Vestis 1.53 Bn 1.48 Bn 173.69 Mn -

Historic Data

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DateValue
Mar 31, 2026 56.20 Mn
Dec 31, 2025 56.76 Mn
Sep 30, 2025 54.78 Mn
Jun 30, 2025 54.01 Mn
Mar 31, 2025 3.34 Mn
Dec 31, 2024 -120.99 Mn
Sep 30, 2024 3.47 Mn
Jun 30, 2024 44.59 Mn
Mar 31, 2024 43.74 Mn
Dec 31, 2023 2.68 Mn
Sep 30, 2023 2.60 Mn
Jun 30, 2023 2.72 Mn
Mar 31, 2023 2.65 Mn
Dec 31, 2022 -121.49 Mn
Sep 30, 2022 1.94 Mn
Jun 30, 2022 43.32 Mn
Mar 31, 2022 44.96 Mn
Dec 31, 2021 155.27 Mn
Sep 30, 2021 50.15 Mn
Jun 30, 2021 43.18 Mn
Mar 31, 2021 17.84 Mn
Dec 31, 2020 78.46 Mn
Sep 30, 2020 19.47 Mn
Jun 30, 2020 28,000.00
Mar 31, 2020 20.38 Mn
Dec 31, 2019 19.20 Mn
Sep 30, 2019 17.69 Mn
Jun 30, 2019 16.94 Mn
Mar 31, 2019 16.73 Mn
Dec 31, 2018 64.15 Mn
Sep 30, 2018 58,000.00