Custom Truck One Source, Inc.
CTOS · Services-Equipment Rental & Leasing, NEC · 227.4M shares · +65%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $26M (gross $39M, SBC $13M)
Reference price $4.00 · est. market cap ~$910M — last insider purchase, 2025-01-30 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C55gen composite 27pct→55
Notable findings
- Chronic dilutionShare count +65%/yr over 4y (dilution, book value/share -87%)
- High leverageHigh leverage (debt/equity 2.03)
- Net lossNet loss (net margin -1.6%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, CITADEL ADVISORS LLC +2 more (as of 2026-03-31)
- New fund positionNotable fund(s) opened this quarter: RENAISSANCE TECHNOLOGIES LLC
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
21.2%
Operating margin
6.4%
Net margin
-1.6%
Return on equity
-3.8%
Return on assets
-0.9%
ROIC
4.0%
Revenue growth (QoQ)
9.3%
Debt / equity
2.0×
Net debt / EBITDA
4.2×
Current ratio
1.3×
EBITDA
$389M
Tangible book value
-$122M
Cash & investments
$6M
Stock comp / revenue
0.4%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Ryan McMonagle ( | Chief Executive Officer | $3M FY2025 |
| BARRETT RAYMOND TODD | Chief Accounting Officer | — |
| Christopher J. Eperjesy ( | Chief Financial Officer | $2M FY2025 |
| Joseph Ross ( | Officer | $1M FY2025 |
| Paul M. Jolas ( | General Counsel and Corporate Secretary) | $1M FY2025 |
| Ross Joe P. | President - Sales | — |
| Thomas Rich ( | President - Rentals | $1M FY2025 |
| Georgia Nelson | Director | $213K FY2025 |
| Mark D. Ein | Director | $213K FY2025 |
| Marshall Heinberg | Director | $403K FY2025 |
| Mary Jackson | Director | $213K FY2025 |
| Paul Bader | Director | $213K FY2025 |
| Ross Fredrick M. Jr. | Director | — |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-01 | McMonagle Ryan | Option exercise | 122K | — |
| 2026-04-01 | McMonagle Ryan | Tax withheld | 55K | $6.62 |
| 2026-04-01 | Eperjesy Christopher J | Option exercise | 90K | — |
| 2026-04-01 | Eperjesy Christopher J | Tax withheld | 41K | $6.62 |
| 2026-04-01 | JOLAS PAUL M | Option exercise | 51K | — |
| 2026-04-01 | JOLAS PAUL M | Tax withheld | 20K | $6.62 |
| 2026-04-01 | Rich Thomas R. | Option exercise | 75K | — |
| 2026-04-01 | Rich Thomas R. | Tax withheld | 23K | $6.62 |
| 2026-04-01 | Ross Fredrick M. Jr. | Option exercise | 131K | — |
| 2026-04-01 | Ross Fredrick M. Jr. | Tax withheld | 39K | $6.62 |
| 2026-04-01 | Ross Joe P. | Option exercise | 75K | — |
| 2026-04-01 | Ross Joe P. | Tax withheld | 34K | $6.62 |
| 2026-03-31 | BADER PAUL T | Option exercise | 27K | — |
| 2026-03-31 | Heinberg Marshall A | Option exercise | 48K | — |
| 2026-03-31 | Jackson Mary M. | Option exercise | 27K | — |
| 2026-03-31 | NELSON GEORGIA R | Option exercise | 27K | — |
| 2026-03-31 | EIN MARK | Option exercise | 27K | — |
| 2026-02-23 | Eperjesy Christopher J | Grant | 28K | — |
| 2026-02-23 | Rich Thomas R. | Grant | 25K | — |
| 2026-02-23 | Ross Joe P. | Grant | 25K | — |
| 2026-02-23 | Ross Fredrick M. Jr. | Grant | 43K | — |
| 2026-02-23 | McMonagle Ryan | Grant | 40K | — |
| 2026-02-23 | JOLAS PAUL M | Grant | 17K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-11 | Shareholder voteExhibits | filing ↗ |
| 2026-04-27 | ResultsReg FDExhibits | filing ↗ |
| 2026-03-25 | Reg FDExhibits | filing ↗ |
| 2026-03-10 | ResultsReg FDExhibits | filing ↗ |
| 2025-12-23 | Exec/director change | filing ↗ |
| 2025-10-27 | ResultsExhibits | filing ↗ |
| 2025-07-30 | ResultsReg FDExhibits | filing ↗ |
| 2025-06-12 | Shareholder voteExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-11 | 2026-06-11 | 0001709682-26-000034 ↗ |
| DEF 14A | 2026-04-29 | 2025-12-31 | 0001709682-26-000030 ↗ |
| 10-Q | 2026-04-27 | 2026-03-31 | 0001709682-26-000018 ↗ |
| 8-K | 2026-04-27 | 2026-04-27 | 0001709682-26-000017 ↗ |
| 8-K | 2026-03-25 | 2026-03-25 | 0001709682-26-000010 ↗ |
| 8-K | 2026-03-10 | 2026-03-10 | 0001709682-26-000006 ↗ |
| 10-K | 2026-03-10 | 2025-12-31 | 0001709682-26-000008 ↗ |
| 8-K | 2025-12-23 | 2025-12-19 | 0001709682-25-000043 ↗ |
| 8-K | 2025-10-27 | 2025-10-27 | 0001709682-25-000038 ↗ |
| 10-Q | 2025-10-27 | 2025-09-30 | 0001709682-25-000039 ↗ |
| 8-K | 2025-07-30 | 2025-07-30 | 0001709682-25-000030 ↗ |
| 10-Q | 2025-07-30 | 2025-06-30 | 0001709682-25-000031 ↗ |