Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Custom Truck One Source's annualizedNet Income for the quarter that ended in Mar. 2026 was $-16 Mil. Custom Truck One Source's average total tangible assets for the quarter that ended in Mar. 2026 was $2,567 Mil. Therefore, Custom Truck One Source's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.64%.
The historical rank and industry rank for Custom Truck One Source's Return-on-Tangible-Asset or its related term are showing as below:
CTOS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.1 Med: -2.53 Max: 2.35
Current: -0.67
During the past 9 years, Custom Truck One Source's highest Return-on-Tangible-Asset was 2.35%. The lowest was -17.10%. And the median was -2.53%.
CTOS's Return-on-Tangible-Asset is ranked worse than 73.72% of 1096
companies
in the Business Services industry
Industry Median: 3.92
vs CTOS: -0.67
Custom Truck One Source (NYSE:CTOS) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Custom Truck One Source Return-on-Tangible-Asset Related Terms
Custom Truck One Source Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Custom Truck One Source's Return-on-Tangible-Asset 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.
Custom Truck One Source Return-on-Tangible-Asset Chart
CTOS vs MGRC, VSTS, PRG: Return-on-Tangible-Asset Comparison
For the Rental & Leasing Services subindustry, Custom Truck One Source's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Custom Truck One Source's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Custom Truck One Source's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.64% mean?
Custom Truck One Source (CTOS) has a Return-on-Tangible-Asset of -0.64% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Custom Truck One Source and its competitors. According to the industry distribution chart, Custom Truck One Source ranks #808 out of 1096 companies in the Business Services industry, placing it in the top 73.7%.
Is Custom Truck One Source's Return-on-Tangible-Asset too high?
Custom Truck One Source's current Return-on-Tangible-Asset is -0.64%. Based on the distribution chart, Custom Truck One Source ranks #808 out of 1096 companies in the Business Services industry, which is below the industry midpoint. Overall, Custom Truck One Source has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Custom Truck One Source's Return-on-Tangible-Asset compare to MGRC and VSTS?
According to the Business Services industry distribution chart, Custom Truck One Source ranks #808 out of 1096 companies for Return-on-Tangible-Asset. This places Custom Truck One Source in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.92, based on 1,096 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Custom Truck One Source and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Custom Truck One Source's current Return-on-Tangible-Asset is -0.64%. 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 $11.16 — trading 74.6% above its estimated fair value. The current Return-on-Tangible-Asset is -0.64%. Custom Truck One Source's overall GF Score™ is 67/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Custom Truck One Source (CTOS), the current Return-on-Tangible-Asset is -0.64% 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 $11.16 is trading 74.6% above its estimated GF Value™ of $6.39.
GuruFocus considers Custom Truck One Source to be Significantly Overvalued.
Key valuation signals for CTOS:
Return-on-Tangible-Asset: -0.64%
GF Value™: $6.39 vs. price of $11.16 (74.6% above fair value)
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.
67GF Score
Get the complete analysis for CTOS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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