Custom Truck One Source (CTOS) Gross Margin (2018 - 2026)
Custom Truck One Source recorded quarterly Gross Margin of 22.33% in Q1 2026, down 4.17% quarter-over-quarter from 23.3% in Q4 2025, and up 207.0% year-over-year from 7.27% in Q1 2025.
Custom Truck One Source's Gross Margin history runs 9 years deep, the most recent figure standing at 22.33% for Q1 2026.
- In Q1 2026, Gross Margin rose 207.0% year-over-year to 22.33%; the TTM figure through Mar 2026 stood at 21.65% (up 41.0% YoY), while the FY2025 annual figure was 21.19%, down 47.0% from the prior year.
- Gross Margin came in at 22.33% for Q1 2026 at Custom Truck One Source, down from 23.3% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 26.37% in Q4 2022 to a low of 20.05% in Q2 2025.
- A 5-year average of 22.8% and a median of 22.85% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 1041 bps in 2022 and slumped 414 bps in 2024, its largest moves.
- Custom Truck One Source's Gross Margin stood at 26.37% in 2022, then retreated by 8 bps to 24.31% in 2023, then fell by 6 bps to 22.75% in 2024, then gained by 2 bps to 23.3% in 2025, then dropped by 4 bps to 22.33% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 22.33%, 23.3%, and 20.9% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 92.18% |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 96.67% |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | -476.96% |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 96.27% |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | - |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | 52.07% |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | 60.23% |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 48.80% |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 22.33% |
| 10 | Vestis | 1.53 Bn | 1.48 Bn | 173.69 Mn | 26.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.33% |
| Dec 31, 2025 | 23.30% |
| Sep 30, 2025 | 20.90% |
| Jun 30, 2025 | 20.05% |
| Mar 31, 2025 | 20.26% |
| Dec 31, 2024 | 22.75% |
| Sep 30, 2024 | 20.53% |
| Jun 30, 2024 | 21.10% |
| Mar 31, 2024 | 22.05% |
| Dec 31, 2023 | 24.31% |
| Sep 30, 2023 | 24.67% |
| Jun 30, 2023 | 24.21% |
| Mar 31, 2023 | 24.25% |
| Dec 31, 2022 | 26.37% |
| Sep 30, 2022 | 24.64% |
| Jun 30, 2022 | 22.85% |
| Mar 31, 2022 | 23.06% |
| Dec 31, 2021 | 21.84% |
| Sep 30, 2021 | 18.26% |
| Jun 30, 2021 | 12.45% |
| Mar 31, 2021 | 25.82% |
| Dec 31, 2020 | 27.71% |
| Sep 30, 2020 | 22.57% |
| Jun 30, 2020 | 23.86% |
| Mar 31, 2020 | 26.18% |
| Dec 31, 2019 | 31.44% |
| Sep 30, 2019 | 34.05% |
| Jun 30, 2019 | 32.85% |
| Mar 31, 2019 | 33.10% |
| Dec 31, 2018 | 32.08% |
| Sep 30, 2018 | 31.54% |
| Jun 30, 2018 | 34.47% |
| Mar 31, 2018 | 34.87% |