Custom Truck One Source vs Distribution Solutions Group
Custom Truck One Source and Distribution Solutions Group are similar in size: $1.94bn and $1.98bn of revenue in their latest fiscal years. Distribution Solutions Group grew faster (9.8% against 7.9%). Distribution Solutions Group kept more of each dollar of sales as profit: a net margin of 0.4% against -1.6%. Distribution Solutions Group carries less debt relative to equity (108.5% against 205.3%).
| Latest fiscal year | Custom Truck One SourceCTOS, 2025 | Distribution Solutions GroupDSGR, 2025 |
|---|---|---|
| Revenue | $1.94bn | $1.98bn |
| Revenue growth | 7.9% | 9.8% |
| Net income | −$31.1m | $8.3m |
| Operating margin | 6.4% | 4.0% |
| Net margin | -1.6% | 0.4% |
| Return on equity | -3.7% | 1.3% |
| Free cash flow | $310m | $62.8m |
| Cash | $6.3m | $61.8m |
| Total debt | $1.66bn | $704m |
| Debt to equity | 205.3% | 108.5% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $32.6m | $23.8m |
| Employees | 2,500 | — |
| Market value | $2.42bn | $1.62bn |
| Price vs our value range | — | Within our value range |
| Moat score | 14 (Weak) | 28 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 0 sales |