Custom Truck One Source, Inc. (CTOS) vs Aaron's Holdings Company, Inc. (PRG)

Custom Truck One Source, Inc. and Aaron's Holdings Company, Inc. are both Rental & Leasing Services companies. Custom Truck One Source, Inc. is the larger, with a market value of $2.1B against $1.5B — 1.4× the size. Aaron's Holdings Company, Inc. trades at the lower P/E: 10.3× against 71.6×. Aaron's Holdings Company, Inc. grew revenue faster over the last twelve months: 15.4% against 5.78%. Aaron's Holdings Company, Inc. has the higher net margin (5.46% vs 1.44%) and the higher return on invested capital (9.46% vs 4.27%). Across the 21 metrics below, Aaron's Holdings Company, Inc. leads on 19 and Custom Truck One Source, Inc. on 2.

Valuation

Metric CTOS PRG Rental & Leasing Services median
P/E 71.56 10.29 20.11
P/S 1.03 0.56 1.11
P/B 2.58 1.91 2.44
Price to free cash flow 267.17 4.89 11.04
EV/EBITDA 8.39 1.28 8.70
EV/Sales 1.83 0.83 2.87
Earnings yield 1.40% 9.72% 3.40%
Free cash flow yield 0.37% 20.46% 0.63%

Profitability

Metric CTOS PRG Rental & Leasing Services median
Gross margin 22.62% 92.25% 48.46%
Operating margin 8.21% 8.52% 8.37%
Net margin 1.44% 5.46% 1.97%
Free cash flow margin 0.39% 11.44% 2.91%
Return on equity 3.67% 19.95% 12.31%
Return on assets 0.83% 8.37% 0.88%
Return on invested capital 4.27% 9.46% 2.86%

Growth

Metric CTOS PRG Rental & Leasing Services median
Revenue growth (TTM) 5.78% 15.43% 4.47%
EPS growth (last fiscal year) (16.67%) (20.75%) 1.04%
Revenue growth, 5-year CAGR 45.05% (0.61%) 11.45%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CTOS PRG Rental & Leasing Services median
Debt to equity 2.01 1.07 1.28
Current ratio 1.28 3.81 1.01
Net debt to EBITDA 4.17 0.16 4.19

Dividend

Metric CTOS PRG Rental & Leasing Services median
Dividend yield — 1.41% 1.38%
Payout ratio — 0.15 0.24

Size

Metric CTOS PRG Rental & Leasing Services median
Market cap 2.11b 1.52b 3.37b

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