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Custom Truck One Source, Inc.（CTOS）与Kodiak Gas Services, Inc.（KGS）财务数据对比。点击上方公司名可切换其他公司
Custom Truck One Source, Inc.的季度营收约是Kodiak Gas Services, Inc.的1.3倍（$422.2M vs $332.9M），Kodiak Gas Services, Inc.净利率更高（7.4% vs -4.2%，领先11.6%），Kodiak Gas Services, Inc.同比增速更快（7.5% vs -8.5%），过去两年Kodiak Gas Services, Inc.的营收复合增速更高（24.3% vs 14.8%）
Custom Truck One Source是北美领先的专用重型卡车及设备解决方案提供商，业务覆盖定制车辆制造、设备销售与租赁、售后配件供应及维保服务，主要服务基建、公用事业、建筑、能源等核心领域。
Kodiak Gas Services是北美知名的天然气压缩服务供应商，主要服务油气行业上下游客户，提供定制化压缩设备、运维及运营支持，帮助客户优化陆上天然气收集、处理与运输全流程的运营效率。
CTOS vs KGS — 直观对比
营收规模更大
CTOS
是对方的1.3倍
$332.9M
营收增速更快
KGS
高出16.1%
-8.5%
净利率更高
KGS
高出11.6%
-4.2%
两年增速更快
KGS
近两年复合增速
14.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $422.2M | $332.9M |
| 净利润 | $-17.8M | $24.6M |
| 毛利率 | 20.3% | — |
| 营业利润率 | 2.9% | 26.1% |
| 净利率 | -4.2% | 7.4% |
| 营收同比 | -8.5% | 7.5% |
| 净利润同比 | -333.7% | 29.0% |
| 每股收益（稀释后） | $-0.08 | $0.30 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CTOSKGS
| Q1 26 | $422.2M | — | ||
| Q4 25 | $387.3M | $332.9M | ||
| Q3 25 | $359.9M | $322.7M | ||
| Q2 25 | $392.2M | $322.8M | ||
| Q1 25 | $307.1M | $329.6M | ||
| Q4 24 | $398.3M | $309.5M | ||
| Q3 24 | $337.5M | $324.6M | ||
| Q2 24 | $320.6M | $309.7M |
净利润CTOSKGS
| Q1 26 | $-17.8M | — | ||
| Q4 25 | $20.9M | $24.6M | ||
| Q3 25 | $-5.8M | $-14.0M | ||
| Q2 25 | $-28.4M | $39.5M | ||
| Q1 25 | $-17.8M | $30.4M | ||
| Q4 24 | $27.6M | $19.1M | ||
| Q3 24 | $-17.4M | $-5.6M | ||
| Q2 24 | $-24.5M | $6.2M |
毛利率CTOSKGS
| Q1 26 | 20.3% | — | ||
| Q4 25 | 31.8% | — | ||
| Q3 25 | 28.0% | — | ||
| Q2 25 | 26.1% | — | ||
| Q1 25 | 27.9% | — | ||
| Q4 24 | 29.7% | — | ||
| Q3 24 | 27.2% | 37.5% | ||
| Q2 24 | 27.8% | 36.5% |
营业利润率CTOSKGS
| Q1 26 | 2.9% | — | ||
| Q4 25 | 13.4% | 26.1% | ||
| Q3 25 | 9.1% | 19.9% | ||
| Q2 25 | 7.1% | 30.9% | ||
| Q1 25 | 4.0% | 27.1% | ||
| Q4 24 | 16.9% | 22.3% | ||
| Q3 24 | 6.8% | 20.4% | ||
| Q2 24 | 5.5% | 17.5% |
净利率CTOSKGS
| Q1 26 | -4.2% | — | ||
| Q4 25 | 5.4% | 7.4% | ||
| Q3 25 | -1.6% | -4.3% | ||
| Q2 25 | -7.2% | 12.2% | ||
| Q1 25 | -5.8% | 9.2% | ||
| Q4 24 | 6.9% | 6.2% | ||
| Q3 24 | -5.2% | -1.7% | ||
| Q2 24 | -7.6% | 2.0% |
每股收益（稀释后）CTOSKGS
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $0.10 | $0.30 | ||
| Q3 25 | $-0.03 | $-0.17 | ||
| Q2 25 | $-0.13 | $0.43 | ||
| Q1 25 | $-0.08 | $0.33 | ||
| Q4 24 | $0.11 | $0.18 | ||
| Q3 24 | $-0.07 | $-0.07 | ||
| Q2 24 | $-0.10 | $0.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $6.3M | $3.2M |
| 总债务越低越好 | $25.9M | $2.6B |
| 股东权益账面价值 | $809.1M | $1.2B |
| 总资产 | $3.4B | $4.3B |
| 负债/权益比越低杠杆越低 | 0.03× | 2.12× |
8季度趋势，按日历期对齐
现金及短期投资CTOSKGS
| Q1 26 | $6.3M | — | ||
| Q4 25 | $6.3M | $3.2M | ||
| Q3 25 | $13.1M | $724.0K | ||
| Q2 25 | $5.3M | $5.4M | ||
| Q1 25 | $5.4M | $1.9M | ||
| Q4 24 | $3.8M | $4.8M | ||
| Q3 24 | $8.4M | $7.4M | ||
| Q2 24 | $8.1M | $3.9M |
总债务CTOSKGS
| Q1 26 | $25.9M | — | ||
| Q4 25 | $1.6B | $2.6B | ||
| Q3 25 | $1.6B | $2.6B | ||
| Q2 25 | $1.6B | $2.5B | ||
| Q1 25 | $1.6B | $2.6B | ||
| Q4 24 | $1.5B | $2.6B | ||
| Q3 24 | $1.6B | $2.6B | ||
| Q2 24 | $1.5B | $2.5B |
股东权益CTOSKGS
| Q1 26 | $809.1M | — | ||
| Q4 25 | $809.1M | $1.2B | ||
| Q3 25 | $784.7M | $1.3B | ||
| Q2 25 | $790.1M | $1.3B | ||
| Q1 25 | $813.4M | $1.4B | ||
| Q4 24 | $861.3M | $1.4B | ||
| Q3 24 | $837.5M | $1.4B | ||
| Q2 24 | $856.7M | $1.5B |
总资产CTOSKGS
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $4.3B | ||
| Q3 25 | $3.5B | $4.4B | ||
| Q2 25 | $3.6B | $4.4B | ||
| Q1 25 | $3.5B | $4.4B | ||
| Q4 24 | $3.5B | $4.4B | ||
| Q3 24 | $3.6B | $4.5B | ||
| Q2 24 | $3.5B | $4.4B |
负债/权益比CTOSKGS
| Q1 26 | 0.03× | — | ||
| Q4 25 | 2.03× | 2.12× | ||
| Q3 25 | 2.10× | 2.08× | ||
| Q2 25 | 2.04× | 1.89× | ||
| Q1 25 | 1.97× | 1.91× | ||
| Q4 24 | 1.77× | 1.88× | ||
| Q3 24 | 1.87× | 1.86× | ||
| Q2 24 | 1.79× | 1.71× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $194.9M |
| 自由现金流经营现金流 - 资本支出 | — | $142.0M |
| 自由现金流率自由现金流/营收 | — | 42.7% |
| 资本支出强度资本支出/营收 | — | 15.9% |
| 现金转化率经营现金流/净利润 | — | 7.91× |
| 过去12个月自由现金流最近4个季度 | — | $284.3M |
8季度趋势，按日历期对齐
经营现金流CTOSKGS
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | $194.9M | ||
| Q3 25 | $81.5M | $113.4M | ||
| Q2 25 | $125.7M | $177.2M | ||
| Q1 25 | $55.6M | $114.3M | ||
| Q4 24 | $82.1M | $118.5M | ||
| Q3 24 | $16.5M | $36.9M | ||
| Q2 24 | $37.8M | $121.1M |
自由现金流CTOSKGS
| Q1 26 | — | — | ||
| Q4 25 | — | $142.0M | ||
| Q3 25 | — | $10.9M | ||
| Q2 25 | — | $94.6M | ||
| Q1 25 | — | $36.8M | ||
| Q4 24 | — | $45.2M | ||
| Q3 24 | — | $-49.7M | ||
| Q2 24 | — | $4.0M |
自由现金流率CTOSKGS
| Q1 26 | — | — | ||
| Q4 25 | — | 42.7% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | — | 11.2% | ||
| Q4 24 | — | 14.6% | ||
| Q3 24 | — | -15.3% | ||
| Q2 24 | — | 1.3% |
资本支出强度CTOSKGS
| Q1 26 | — | — | ||
| Q4 25 | — | 15.9% | ||
| Q3 25 | — | 31.7% | ||
| Q2 25 | — | 25.6% | ||
| Q1 25 | — | 23.5% | ||
| Q4 24 | — | 23.7% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 37.8% |
现金转化率CTOSKGS
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | 7.91× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.49× | ||
| Q1 25 | — | 3.76× | ||
| Q4 24 | 2.98× | 6.21× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 19.44× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CTOS
| Equipment sales | $273.9M | 65% |
| Rental revenue | $116.3M | 28% |
| Parts sales and services | $32.1M | 8% |
KGS
| Other Services | $126.8M | 38% |
| Other | $112.2M | 34% |
| Transferred At Point In Time | $93.8M | 28% |
