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Side-by-side financial comparison of Custom Truck One Source, Inc. (CTOS) and HEXCEL CORP (HXL). Click either name above to swap in a different company.
HEXCEL CORP is the larger business by last-quarter revenue ($501.5M vs $422.2M, roughly 1.2× Custom Truck One Source, Inc.). HEXCEL CORP runs the higher net margin — 7.4% vs -4.2%, a 11.6% gap on every dollar of revenue. On growth, HEXCEL CORP posted the faster year-over-year revenue change (9.9% vs -8.5%). Over the past eight quarters, Custom Truck One Source, Inc.'s revenue compounded faster (14.8% CAGR vs 0.1%).
Custom Truck One Source, Inc. is a leading provider of specialized heavy truck and equipment solutions in North America. It offers custom vehicle manufacturing, equipment sales and rentals, aftermarket parts, and maintenance services, serving core infrastructure, utility, construction, and energy industry segments.
Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut. The company develops and manufactures structural materials. Hexcel was formed from the combination of California Reinforced Plastics, Ciba Composites and Hercules Composites Products Division. The company sells its products in commercial, military and recreational markets for use in commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, sports equipment ...
CTOS vs HXL — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $422.2M | $501.5M |
| Net Profit | $-17.8M | $37.2M |
| Gross Margin | 20.3% | 26.9% |
| Operating Margin | 2.9% | 11.5% |
| Net Margin | -4.2% | 7.4% |
| Revenue YoY | -8.5% | 9.9% |
| Net Profit YoY | -333.7% | 28.7% |
| EPS (diluted) | $-0.08 | $0.49 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $422.2M | $501.5M | ||
| Q4 25 | $387.3M | $491.3M | ||
| Q3 25 | $359.9M | $456.2M | ||
| Q2 25 | $392.2M | $489.9M | ||
| Q1 25 | $307.1M | $456.5M | ||
| Q4 24 | $398.3M | $473.8M | ||
| Q3 24 | $337.5M | $456.5M | ||
| Q2 24 | $320.6M | $500.4M |
| Q1 26 | $-17.8M | $37.2M | ||
| Q4 25 | $20.9M | $46.4M | ||
| Q3 25 | $-5.8M | $20.6M | ||
| Q2 25 | $-28.4M | $13.5M | ||
| Q1 25 | $-17.8M | $28.9M | ||
| Q4 24 | $27.6M | $5.8M | ||
| Q3 24 | $-17.4M | $39.8M | ||
| Q2 24 | $-24.5M | $50.0M |
| Q1 26 | 20.3% | 26.9% | ||
| Q4 25 | 31.8% | 24.6% | ||
| Q3 25 | 28.0% | 21.9% | ||
| Q2 25 | 26.1% | 22.8% | ||
| Q1 25 | 27.9% | 22.4% | ||
| Q4 24 | 29.7% | 25.0% | ||
| Q3 24 | 27.2% | 23.3% | ||
| Q2 24 | 27.8% | 25.3% |
| Q1 26 | 2.9% | 11.5% | ||
| Q4 25 | 13.4% | 12.5% | ||
| Q3 25 | 9.1% | 7.9% | ||
| Q2 25 | 7.1% | 6.1% | ||
| Q1 25 | 4.0% | 9.7% | ||
| Q4 24 | 16.9% | 1.9% | ||
| Q3 24 | 6.8% | 11.5% | ||
| Q2 24 | 5.5% | 14.3% |
| Q1 26 | -4.2% | 7.4% | ||
| Q4 25 | 5.4% | 9.4% | ||
| Q3 25 | -1.6% | 4.5% | ||
| Q2 25 | -7.2% | 2.8% | ||
| Q1 25 | -5.8% | 6.3% | ||
| Q4 24 | 6.9% | 1.2% | ||
| Q3 24 | -5.2% | 8.7% | ||
| Q2 24 | -7.6% | 10.0% |
| Q1 26 | $-0.08 | $0.49 | ||
| Q4 25 | $0.10 | — | ||
| Q3 25 | $-0.03 | — | ||
| Q2 25 | $-0.13 | — | ||
| Q1 25 | $-0.08 | — | ||
| Q4 24 | $0.11 | — | ||
| Q3 24 | $-0.07 | — | ||
| Q2 24 | $-0.10 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $6.3M | $54.1M |
| Total DebtLower is stronger | $25.9M | $998.1M |
| Stockholders' EquityBook value | $809.1M | $1.3B |
| Total Assets | $3.4B | $2.7B |
| Debt / EquityLower = less leverage | 0.03× | 0.79× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $6.3M | $54.1M | ||
| Q4 25 | $6.3M | $71.0M | ||
| Q3 25 | $13.1M | $90.5M | ||
| Q2 25 | $5.3M | $77.2M | ||
| Q1 25 | $5.4M | $89.2M | ||
| Q4 24 | $3.8M | $125.4M | ||
| Q3 24 | $8.4M | $98.2M | ||
| Q2 24 | $8.1M | $75.4M |
| Q1 26 | $25.9M | $998.1M | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.5B | — |
| Q1 26 | $809.1M | $1.3B | ||
| Q4 25 | $809.1M | $1.3B | ||
| Q3 25 | $784.7M | $1.6B | ||
| Q2 25 | $790.1M | $1.6B | ||
| Q1 25 | $813.4M | $1.5B | ||
| Q4 24 | $861.3M | $1.5B | ||
| Q3 24 | $837.5M | $1.6B | ||
| Q2 24 | $856.7M | $1.6B |
| Q1 26 | $3.4B | $2.7B | ||
| Q4 25 | $3.4B | $2.7B | ||
| Q3 25 | $3.5B | $2.8B | ||
| Q2 25 | $3.6B | $2.8B | ||
| Q1 25 | $3.5B | $2.8B | ||
| Q4 24 | $3.5B | $2.7B | ||
| Q3 24 | $3.6B | $2.9B | ||
| Q2 24 | $3.5B | $2.8B |
| Q1 26 | 0.03× | 0.79× | ||
| Q4 25 | 2.03× | — | ||
| Q3 25 | 2.10× | — | ||
| Q2 25 | 2.04× | — | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 1.87× | — | ||
| Q2 24 | 1.79× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTOS
| Equipment sales | $273.9M | 65% |
| Rental revenue | $116.3M | 28% |
| Parts sales and services | $32.1M | 8% |
HXL
Segment breakdown not available.
