OverviewSuggest Edit

Custom Truck One Source (formerly known as Capitol Investment, Nesco Holdings) is a provider of specialized truck and heavy equipment solutions. It offers new and used equipment for purchase and rental, aftermarket parts and tooling supply, customization and remanufacturing, in-house financing solutions, and manages an auction. The company serves the electric utility transmission and distribution, telecommunications, and rail markets.
TypePublic
Founded2010
HQKansas City, MO, US
Websitecustomtruck.com

Latest Updates

Employees (est.) (Dec 2020)380(-5%)
Job Openings118
Revenue (FY, 2020)$302.7 M(+15%)
Share Price (Nov 2021)$11.1(-1%)
Cybersecurity ratingAMore
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Key People/Management at Custom Truck One Source

Fred Ross

Fred Ross

Chief Executive Officer
Brad Meader

Brad Meader

Chief Financial Officer
Ryan McMonagle

Ryan McMonagle

President & Chief Operating Officer
Georgia Nelson

Georgia Nelson

Director
Louis Samson

Louis Samson

Director
Mark Ein

Mark Ein

Director
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Custom Truck One Source Office Locations

Custom Truck One Source has offices in Kansas City, Alvarado, Bridgeview, Canton and in 16 other locations
Kansas City, MO, US (HQ)
7701 Independence Ave, Kansas City
Alvarado, TX, US
1400 US-67
Bridgeview, IL, US
9725 Industrial Dr
Canton, OH, US
3522 Middlebranch Ave NE
Commerce City, CO, US
5455 E 52nd Ave
Dallas, TX, US
E Hwy 67
Show all (21)

Custom Truck One Source Financials and Metrics

Custom Truck One Source Revenue

Custom Truck One Source's revenue was reported to be $302.74 m in FY, 2020
USD

Revenue (Q1, 2021)

78.3m

Gross profit (Q1, 2021)

20.2m

Gross profit margin (Q1, 2021), %

25.8%

Net income (Q1, 2021)

(27.9m)

EBIT (Q1, 2021)

(3.1m)

Market capitalization (12-Nov-2021)

2.8b

Closing stock price (12-Nov-2021)

11.1

Cash (31-Mar-2021)

3.2m

EV

3.5b
Custom Truck One Source's current market capitalization is $2.8 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

240.0k264.0m302.7m

Cost of goods sold

177.5m226.3m

Gross profit

86.5m76.4m

Gross profit Margin, %

33%25%
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

60.0k60.0k60.0k60.0k62.4m81.7m47.0m46.1m78.3m

Cost of goods sold

41.2m60.3m58.1m

Gross profit

21.3m21.4m20.2m

Gross profit Margin, %

34%26%26%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

501.9k6.3m3.4m

Accounts Receivable

71.3m60.9m

Prepaid Expenses

106.9k5.2m7.5m

Inventories

33.0m31.4m
Monthly
USDJun, 2016

Cash

250.0k

Total Assets

275.0k

Current Liabilities

255.0k

Additional Paid-in Capital

24.0k
Quarterly
USDQ2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

235.0k948.0k745.3k394.3k21.4k757.0k83.6k201.0k10.2m5.3m1.6m3.2m

Accounts Receivable

62.6m70.3m57.4m56.5m54.4m

Prepaid Expenses

164.8k149.2k63.9k38.7k12.6k10.3k4.8m5.3m5.4m6.2m13.1m

Inventories

21.4m30.7m32.1m30.6m33.7m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(777.5k)5.2m(27.1m)(21.3m)

Depreciation and Amortization

74.6m82.7m

Inventories

(22.7m)(9.6m)

Accounts Payable

176.5k(85.6k)7.5m3.1m
Quarterly
USDQ2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(5.0k)(172.1k)955.4k2.0m3.4m1.8m2.9m(30.2m)(16.0m)(29.1m)(13.9m)(27.9m)

Depreciation and Amortization

54.3m21.1m41.8m62.3m18.8m

Inventories

(13.7m)176.0k(4.3m)(3.8m)(5.1m)

Accounts Payable

69.9k(51.1k)4.2k(69.9k)86.1k115.4k4.8m(3.4m)(7.0m)(8.9m)(956.0k)
USDJun, 2016

Financial Leverage

13.8 x
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Custom Truck One Source Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Custom Truck One Source Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

CSRHub logo

Custom Truck One Source Online and Social Media Presence

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Custom Truck One Source News and Updates

Nesco Holdings To Acquire Custom Truck One Source And Create Leading Specialty Rental Equipment Company In Partnership With Platinum Equity

FORT WAYNE, Ind., Dec. 3, 2020 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO, "Nesco" or the "Company") today announced it has entered into a definitive agreement to acquire Custom Truck One Source ("CTOS") for a purchase price of $1.475 billion. Nesco and CTOS are leading providers of...

Nesco Holdings, Inc. Appoints Chief Digital Officer

FORT WAYNE, Ind., June 9, 2020 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO, "Nesco" or the "Company"), a leading provider of specialty rental equipment to the electric utility, telecom and rail infrastructure end-markets, announced today that Chris Hulse will be joining Nesco as...

Nesco Holdings, Inc. Appoints New Chief Financial Officer

FORT WAYNE, Ind., June 8, 2020 /PRNewswire/ -- Nesco Holdings, Inc. (NYSE: NSCO, "Nesco" or the "Company"), a leading provider of specialty rental equipment to the electric utility, telecom and rail infrastructure end-markets, announced today that Joshua A. Boone will be joining Nesco as...

Capitol Investment Corp. IV Prices Offering of $475 Million of 10% Senior Secured Second Lien Notes

WASHINGTON and FORT WAYNE, Ind., July 26, 2019 /PRNewswire/ -- In anticipation of the previously announced proposed business combination (the "proposed business combination") of Nesco Holdings I, Inc. ("Nesco") with and into a subsidiary of Capitol Investment Corp. IV (NYSE: CIC;...

Capitol Investment Corp. IV and Nesco Amend Merger Agreement

FORT WAYNE, Ind. and WASHINGTON, July 11, 2019 /PRNewswire/ -- Capitol Investment Corp. IV (NYSE: CIC; "Capitol"), a public investment vehicle, Nesco Holdings, LP ("Nesco Owner") and Nesco Holdings I, Inc. ("Nesco"), a leading provider of specialty rental equipment to the electric...

Nesco and Capitol Investment Corp. IV to Participate in the UBS Global Industrials and Transportation Conference and Stifel Cross-Sector Insight Conference

FORT WAYNE, Ind. and WASHINGTON, May 28, 2019 /PRNewswire/ -- Capitol Investment Corp. IV (NYSE: CIC; "Capitol"), a public investment vehicle, and Nesco Holdings I, Inc. ("Nesco"), a leading provider of specialty rental equipment to the electric utility, telecom and rail end-markets,...

Custom Truck One Source Blogs

How to Winterize Your Vac Truck

Is your vacuum truck ready for winter? As you know, driving and working in the winter can cause harm to any machine. Cold temperatures make it hard for engines to... The post How to Winterize Your Vac Truck appeared first on Custom Truck One Source.

CARB 2022 Emission Standards

Did you know in 2020, the United States’ energy usage produced 4.57 million metric tons of CO2 emissions? CARB is responsible for defining automobile emissions standards. CARB’s stated aims include achieving... The post CARB 2022 Emission Standards appeared first on Custom Truck One Source.

How are Vacuum Trucks Used in Storm Cleanup?

Storms are one of the most common and damage-causing natural catastrophes that take place in the United States. Because of how common they are, being ready for storm season as well... The post How are Vacuum Trucks Used in Storm Cleanup? appeared first on Custom Truck One Source.

Load King PL180 Receives 2021 Construction Equipment Magazine’s Top 100 New Products Award

Kansas City, Missouri, November 15, 2021 –  Since 1991, Construction Equipment Magazine’s Top 100 New Products list has been the longest–running, and most respected award program of its industry. Each... The post Load King PL180 Receives 2021 Construction Equipment Magazine’s Top 100 New Products Aw…

Maintenance of Way for Railroad Ties

Railroads are one of the most important methods of transportation. But how does railroad maintenance work? What is the maintenance of way? And how do you replace railroad ties? These are all... The post Maintenance of Way for Railroad Ties appeared first on Custom Truck One Source.

Broadband from Here to There: All about the Cables

To enjoy broadband internet and telecommunications services, we rely on various types of cables. From broadband expansions to other larger cable projects, internet and telecom solutions depend on using the... The post Broadband from Here to There: All about the Cables appeared first on Custom Truck …
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Custom Truck One Source Frequently Asked Questions

  • When was Custom Truck One Source founded?

    Custom Truck One Source was founded in 2010.

  • Who are Custom Truck One Source key executives?

    Custom Truck One Source's key executives are Fred Ross, Brad Meader and Ryan McMonagle.

  • How many employees does Custom Truck One Source have?

    Custom Truck One Source has 380 employees.

  • What is Custom Truck One Source revenue?

    Latest Custom Truck One Source annual revenue is $302.7 m.

  • What is Custom Truck One Source revenue per employee?

    Latest Custom Truck One Source revenue per employee is $796.7 k.

  • Who are Custom Truck One Source competitors?

    Competitors of Custom Truck One Source include IronPlanet, MH Equipment and Alta Equipment.

  • Where is Custom Truck One Source headquarters?

    Custom Truck One Source headquarters is located at 7701 Independence Ave, Kansas City, Kansas City.

  • Where are Custom Truck One Source offices?

    Custom Truck One Source has offices in Kansas City, Alvarado, Bridgeview, Canton and in 16 other locations.

  • How many offices does Custom Truck One Source have?

    Custom Truck One Source has 21 offices.