NYSE$CTOS

Custom Truck One Source Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Custom Truck One Source reported Q4 2024 revenue of $520.7M, net income of $27.6M.

For Q4 2024, Custom Truck One Source reported Revenue was $520.7M, net income was $27.6M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $520.7M for Q4 2024.
  • Net income $27.6M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$521M

Previous: $522M-0.2%
EPS (adj)

$0.12

Previous: $0.07+71.4%
Adjusted EBITDA

$102M

No prior period
Fleet Utilization

78.9%

No prior period
Sales Order Backlog

$369M

No prior period
Average OEC on Rent

$1.21B

No prior period
Ending OEC

$1.52B

No prior period
OEC on Rent Yield

38.6%

No prior period
Adjusted Gross Profit

$168M

No prior period
Net Leverage Ratio

4.55

No prior period
Capital Expenditures

-$124M

Previous: -$82.9M-49.5%
Net Income

$27.6M

Previous: $16.1M+71.2%
Operating Income

$67.3M

Previous: $57.6M+16.9%
Gross Profit

$118M

Previous: $117M+1.2%

Revenue & EPS history

Custom Truck · Revenue · Quarterly

$521M

Q4 2024-0.2%vs Q4 2023
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Custom Truck · $457M total across 3 segments · Q2 2023

  • Truck and Equipment Sales
    $251M
  • Equipment Rental Solutions
    $169M
  • Aftermarket Parts & Services
    $36.9M

Forward guidance

The quarterly filing discusses operating priorities, liquidity, and sector risks.

Tailwinds

  • MD&A outlines strategic priorities and capital allocation.
  • Segment commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-3.3%

Avg return

Earnings day

-1.8%

Avg return

5 days after

+1.9%

Avg return

30 days after

36%

12 / 33 earnings

Positive

+20.1%

Q4 2024

Best reaction

-19.8%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%+15.6%+11.9%
Q4 2025-11.2%-8.3%+14.1%
Q3 2025-11.0%-12.6%-4.0%
Q1 2025-3.0%+2.7%+6.7%
Q4 2024+20.1%+18.2%-12.4%
Q3 2024+12.7%+13.2%+64.7%
Q2 2024-18.8%-22.0%-18.2%
Q1 2024-13.8%-16.3%-1.4%
Q4 2023-16.1%-14.1%-4.9%
Q3 2023-17.5%-18.0%-2.0%
Q2 2023+0.0%-1.2%-0.6%
Q1 2023+3.8%+2.2%+13.4%
Q4 2022+10.1%+5.3%+6.1%
Q3 2022-15.1%-10.6%+0.0%
Q2 2022+2.0%+11.8%+2.9%
Q1 2022-7.4%+1.2%-1.5%
Q4 2021+2.1%+4.5%-3.8%
Q3 2021+3.9%+5.5%-22.7%
Q2 2021-10.1%-14.9%+15.2%
Q1 2021-5.9%-8.6%-10.2%
Q4 2020+2.8%+9.0%+19.2%
Q3 2020+9.0%+13.3%+57.6%
Q2 2020-0.3%+7.1%+18.8%
Q1 2020-15.4%-17.1%-32.3%
Q4 2019-12.3%+11.8%-3.0%
Q3 2019-19.8%-31.5%-21.8%
Q2 2019+1.0%-4.5%-27.5%
Q1 2019+0.0%+0.1%-0.6%
Q4 2018+0.7%+0.7%+0.4%
Q3 2018+0.0%+0.0%+0.0%
Q2 2018+0.0%+0.0%+0.1%
Q1 2018+0.0%+0.0%-0.4%
Q3 2017-0.3%-0.3%-0.6%
Q2 2017

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