Custom Truck One Source (CTOS) Gross Margin (2018 - 2026)

Custom Truck One Source's (CTOS) quarterly Gross Margin came in at 22.33% in Q1 2026, up 207.0% year-on-year from 7.27% in Q1 2025, and down 4.17% quarter-over-quarter from 23.3% in Q4 2025.

Custom Truck One Source (CTOS) Gross Margin (2018 - 2026) Analysis & Trends

Custom Truck One Source has disclosed Gross Margin across 9 years of filings, most recently posting 22.33% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 22.33%, up 207.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.65% (up 41.0% YoY), and the FY2025 annual result 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.
  • The 5-year median for Gross Margin is 22.85% (2022), against an average of 22.8%.
  • Across the five-year window, Gross Margin surged 1041 bps in 2022 and tumbled 414 bps in 2024, its largest moves.
  • Custom Truck One Source's Gross Margin stood at 26.37% in 2022, then fell by 8 bps to 24.31% in 2023, then declined by 6 bps to 22.75% in 2024, then rose by 2 bps to 23.3% in 2025, then slipped by 4 bps to 22.33% in 2026.
  • The last three Gross Margin figures came in at 22.33% (Q1 2026), 23.3% (Q4 2025), and 20.9% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn -476.96%
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn 96.67%
3 Avis Budget 6.65 Bn 6.24 Bn - -
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn 96.27%
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn 52.07%
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn 60.23%
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn 48.80%
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn 22.33%
9 EquipmentShare.com 2.06 Bn 1.75 Bn - -
10 Vestis 1.70 Bn 1.65 Bn 173.69 Mn 26.34%

Historic Data

Download Data
DateValue
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%