Custom Truck One SourceCTOS -4.32%74 Debt-to-Equity is 3.09 as of Mar. 2026, which is 51% above its 10-year median of 2.05. GuruFocus rates CTOS with a GF Score™ of 74/100 and a GF Value™ of $6.39 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 955 Business Services companies, Custom Truck One Source ranks worse than 93.61% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Custom Truck One Source's Debt-to-Equity or its related term are showing as below:
CTOS'
s Debt-to-Equity Range Over the Past 10 Years
Min: -61.2 Med: 2.05 Max: 12.75
Current: 3.09
During the past 9 years, the highest Debt-to-Equity Ratio of Custom Truck One Source was 12.75. The lowest was -61.20. And the median was 2.05.
CTOS's Debt-to-Equity is ranked worse than 93.61% of 955
companies
in the Business Services industry
Industry Median: 0.33
vs CTOS: 3.09
Custom Truck One Source (NYSE:CTOS) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Custom Truck One Source Debt-to-Equity Related Terms
Custom Truck One Source Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CTOS vs MGRC, VSTS, PRG: Debt-to-Equity Comparison
For the Rental & Leasing Services subindustry, Custom Truck One Source's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Custom Truck One Source Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Custom Truck One Source's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Custom Truck One Source's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Custom Truck One Source (CTOS) has a Debt-to-Equity of 3.09 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Custom Truck One Source and its competitors. This is 51% above median its historical median of 2.05. According to the industry distribution chart, Custom Truck One Source ranks #894 out of 955 companies in the Business Services industry, placing it in the top 93.6%.
Is Custom Truck One Source's Debt-to-Equity too high?
Custom Truck One Source's current Debt-to-Equity of 3.09 is 51% above median its 10-year median of 2.05. The Business Services industry median Debt-to-Equity is 0.33. Custom Truck One Source's value of 3.09 is 836.4% above this industry median. Based on the distribution chart, Custom Truck One Source ranks #894 out of 955 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Custom Truck One Source has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Custom Truck One Source's Debt-to-Equity compare to MGRC and VSTS?
According to the Business Services industry distribution chart, Custom Truck One Source ranks #894 out of 955 companies for Debt-to-Equity. This places Custom Truck One Source in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Custom Truck One Source's value of 3.09 is 836.4% above this benchmark. While the company's 10-year median is 2.05 vs. the industry median of 0.33, Custom Truck One Source has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Custom Truck One Source's current Debt-to-Equity of 3.09 is 836.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Custom Truck One Source and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Custom Truck One Source's current Debt-to-Equity is 3.09, which is 51% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Custom Truck One Source stock overvalued right now?
Based on GuruFocus' analysis, Custom Truck One Source (CTOS) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.39, compared to a current price of $9.53 — trading 49.1% above its estimated fair value. The current Debt-to-Equity is 3.09, which is 51% above median its 10-year median of 2.05 and 836.4% above the Business Services industry median of 0.33. Custom Truck One Source's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Custom Truck One Source (CTOS), the current Debt-to-Equity is 3.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Custom Truck One Source (CTOS) Overvalued in 2026?
Based on GuruFocus' analysis, Custom Truck One Source stock appears to be overvalued.
The current stock price of $9.53 is trading 49.1% above its estimated GF Value™ of $6.39.
GuruFocus considers Custom Truck One Source to be Significantly Overvalued.
Key valuation signals for CTOS:
Debt-to-Equity: 3.09 (51% above median its 10-year median of 2.05)
GF Value™: $6.39 vs. price of $9.53 (49.1% above fair value)
Industry Position: 836.4% above the Business Services median (#894 of 955)
No single metric tells the full story. See the CTOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Custom Truck One Source Inc is a one-stop-shop provider of specialty equipment in the electric utility transmission and distribution, forestry, telecom, waste management, rail, and infrastructure end-markets in North America. The company's segment includes Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). It generates maximum revenue from the TES segment. Geographically, it derives a majority revenue from the United States.
74GF Score
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