Companies: 10,795·Total market cap: $144.5T
Custom Truck One Source, Inc.

Custom Truck One Source, Inc.

CTOSNYSEIndustrials● Active
$10.32
+$0.64(+6.56%)
Market Cap$2.3B
P/E Ratio—
52W High$10.255
52W Low$4.5
Free Cash FlowFinancialsRevenue

Custom Truck One Source, Inc. (CTOS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CTOS · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was −$107.6M for FY2025 (fiscal year ending 2025-12-31), up 69.6% year-over-year The FCF margin was -5.5%.

FY2025 Free Cash Flow−$107.6M▲ +69.6% YoY
Trailing 12M (TTM)−$33.2Mtrailing 4 quarters sum
FCF Margin-5.5%−$107.6M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
ctos free cash flow history · ctos free cash flow chart · ctos free cash flow growth rate · ctos free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest−$107.6M▲ +69.6%-5.5%
FY2024−$353.6M▲ +30.9%-19.6%
FY2023−$511.6M▼ 42.6%-27.4%
FY2022−$358.7M▼ 1050.3%-22.8%
FY2021−$31.2M▼ 20.6%-2.7%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
ctos free cash flow 2025 · ctos free cash flow 2024 · ctos free cash flow 2023 · ctos operating cash flow

FCF valuation metrics

Custom Truck One Source, Inc. (CTOS) reported negative free cash flow of −$0.11B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)
N/A
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
N/A
TTM FCF ÷ Shares Outstanding
Price / FCF
N/A
Share Price ÷ FCF per Share
EV / FCF (TTM)
N/A
Enterprise Value basis
!

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
ctos price to free cash flow · ctos free cash flow yield · ctos free cash flow per share · ctos price to cash flow ratio

Cash flow statement summary

For FY2025, Custom Truck One Source, Inc. generated $349.4M in operating cash flow and spent 457M in capital expenditures, yielding −$107.6M in free cash flow.

Operating Activities
+$349.4M
Cash from core business operations
2025-12-31
Investing Activities
−$282.5M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$64.6M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($349.4M) − |CapEx| (457M) = FCF (−$107.6M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
ctos cash flow statement · ctos cash flow statement 2025 · ctos operating cash flow · ctos cash flow from operations

Free cash flow vs peers (Industrials)

#CompanyFree Cash FlowYoY
#1
Custom Truck One Source, Inc.
Custom Truck One Source, Inc.YOU
CTOS
−$107.6M+69.6%
#2
Caterpillar Inc.
Caterpillar Inc.
CAT
$10.27B+16.5%#3
RTX Corporation
RTX Corporation
RTX
$7.94B+75.1%#4
GE Aerospace
GE Aerospace
GE
$7.26B+97.5%#5
The Boeing Company
The Boeing Company
BA
−$1.88B+87.0%#6
Space Exploration Technologies Corp.
Space Exploration Technologies Corp.
SPCX
−$13.95B-159.0%
Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Custom Truck One Source, Inc. (CTOS) reported free cash flow of −$107.6M for FY2025 (fiscal year ending 2025-12-31), up 69.6% year-over-year. The FCF margin was -5.5%.

Based on available data, Custom Truck One Source, Inc. has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $16.6M in FY2016.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

CTOS free cash flow · 8 questions

Custom Truck One Source, Inc. free cash flow was −$107.6M for FY2025, up 69.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$33.2M.

CTOS free cash flowCTOS FCFCTOS FCF 2025CTOS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Custom Truck One Source, Inc. · Custom Truck One Source, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026