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CTOS (Custom Truck One Source) EBIT : $126 Mil (TTM As of Sep. 2024)


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What is Custom Truck One Source EBIT?

Custom Truck One Source's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $126 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Custom Truck One Source's annualized ROC % for the quarter that ended in Sep. 2024 was 3.09%. Custom Truck One Source's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Custom Truck One Source's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.36%.


Custom Truck One Source EBIT Historical Data

The historical data trend for Custom Truck One Source's EBIT can be seen below:

* 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.

* Premium members only.

Custom Truck One Source EBIT Chart

Custom Truck One Source Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 30.32 11.85 -104.23 135.64 189.39

Custom Truck One Source Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.76 57.17 21.63 20.99 25.86

Competitive Comparison of Custom Truck One Source's EBIT

For the Rental & Leasing Services subindustry, Custom Truck One Source's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Custom Truck One Source's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Custom Truck One Source's EV-to-EBIT falls into.



Custom Truck One Source EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $126 Mil.

* 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  (NYSE:CTOS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Custom Truck One Source's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=108.124 * ( 1 - 3.35% )/( (3342.373 + 3424.353)/ 2 )
=104.501846/3383.363
=3.09 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3523.568 - 173.136 - ( 8.059 - max(0, 1064.533 - 1380.512+8.059))
=3342.373

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3579.94 - 147.149 - ( 8.438 - max(0, 1098.433 - 1410.965+8.438))
=3424.353

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Custom Truck One Source's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=103.42/( ( (1152.069 + max(1161.612, 0)) + (1186.278 + max(1223.327, 0)) )/ 2 )
=103.42/( ( 2313.681 + 2409.605 )/ 2 )
=103.42/2361.643
=4.38 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(166.701 + 1170.486 + 20.041) - (173.136 + 22.48 + -2.2737367544323E-13)
=1161.612

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(176.037 + 1200.925 + 13.573) - (147.149 + 20.059 + 0)
=1223.327

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Custom Truck One Source's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=125.653/3743.328
=3.36 %

* 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 EBIT Related Terms

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Custom Truck One Source Business Description

Traded in Other Exchanges
N/A
Address
7701 Independence Avenue, Kansas, MO, USA, 64125
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.
Executives
Nesco Holdings, Lp 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Ecp Controlco, Llc 10 percent owner 40 BEECHWOOD ROAD, SUMMIT NJ 07901
Energy Capital Partners Management, Lp 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Joe P. Ross officer: President - Sales C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Thomas R. Rich officer: EVP - Rentals C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Marshall Heinberg director 1 CORPORATE AVENUE, ROWVILLE C3 3178
Georgia R Nelson director C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626
Ryan Mcmonagle officer: President, COO C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Raymond Todd Barrett officer: Chief Accounting Officer 6714 POINT INVERNESS WAY, STE 220, FORT WAYNE IN 46804
Christopher J Eperjesy officer: Chief Financial Officer 505 HIGHWAY 169 NORTH, PLYMOUTH MN 55441
Mark Ein director, 10 percent owner, officer: Chairman and CEO
Paul M Jolas officer: EVP, General Counsel & Sec 331 N. MAIN ST., EULESS TX 76039
Mary M. Jackson director 7799 LEESBURG PIKE, SUITE 300 NORTH, FALLS CHURCH VA 22043
Blackstone Energy Partners Nq L.p. 10 percent owner C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Ii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154