Custom Truck One Source (CTOS) Tax Rate (2022 - 2023)
Custom Truck One Source (CTOS) recorded Tax Rate of -15.85% in Q2 2026, up 144.47 percentage points from -160.32% a year earlier but down 8.05 percentage points from the prior quarter.
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Analysis
Custom Truck One Source (CTOS) Tax Rate (2022 - 2023) Analysis & Trends
On a TTM basis, Custom Truck One Source's Tax Rate came in at -59.40% as of Jun 30, 2026, down 30.28 percentage points year-over-year; for FY2025, it was -10.39%, down 12.21 percentage points from FY2024.
- Annual Tax Rate has declined for three straight years, with a five-year change of -68.95 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 1.82% in FY2024 (-10.86 pp), 12.68% in FY2023 (-4.07 pp), 16.75% in FY2022 (+19.25 pp) and -2.50% in FY2021 (-61.06 pp).
- Quarterly Tax Rate has ranged from -1121.27% in Q1 2022 to 221.10% in Q3 2022 over the past five years.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -9.08 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 1127.41 percentage points in Q1 2023, against a drop of 1104.10 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -7.81% (Q1 2026), -39.09% (Q4 2025) and 14.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn | 25.22% |
| 2 | W.W. Grainger | 63.07 Bn | 60.67 Bn | 1.98 Bn | 24.81% |
| 3 | Fastenal | 59.20 Bn | 58.13 Bn | 1.06 Bn | 23.76% |
| 4 | Ferguson Enterprises | 44.13 Bn | 41.34 Bn | 2.32 Bn | 26.07% |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn | 25.89% |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn | 24.71% |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn | 22.94% |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn | 24.84% |
| 9 | Watsco | 11.52 Bn | 9.20 Bn | 578.93 Mn | 20.91% |
| 10 | Custom Truck One Source | 2.07 Bn | 2.03 Bn | 123.97 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 22.42% |
| Sep 30, 2023 | 4.49% |
| Jun 30, 2023 | 10.68% |
| Mar 31, 2023 | 6.14% |
| Dec 31, 2022 | 1.67% |
| Sep 30, 2022 | 221.10% |
API Access
Custom Truck One Source Tax Rate 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=tax-rate&ticker=CTOS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CTOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();