Custom Truck One Source, Inc. (CTOS) vs Willis Lease Finance Corporation (WLFC)

Custom Truck One Source, Inc. and Willis Lease Finance Corporation are both Rental & Leasing Services companies. Custom Truck One Source, Inc. is the larger, with a market value of $2.1B against $813.0M — 2.6× the size. Willis Lease Finance Corporation trades at the lower P/E: 9.0× against 100×. Willis Lease Finance Corporation grew revenue faster over the last twelve months: 17.3% against 7.03%. Willis Lease Finance Corporation has the higher net margin (11.2% vs 1.05%) and the lower return on invested capital (2.62% vs 4.12%). Across the 21 metrics below, Willis Lease Finance Corporation leads on 13 and Custom Truck One Source, Inc. on 8.

Valuation

Metric CTOS WLFC Rental & Leasing Services median
P/E 100.33 9.03 18.17
P/S 1.01 1.04 0.92
P/B 2.52 1.12 2.15
Price to free cash flow n/m n/m 7.80
EV/EBITDA 8.42 7.77 7.72
EV/Sales 1.82 3.85 2.47
Earnings yield 1.00% 11.07% 1.00%
Free cash flow yield (2.53%) (11.88%) 1.43%

Profitability

Metric CTOS WLFC Rental & Leasing Services median
Gross margin 22.15% 85.43% 49.40%
Operating margin 7.99% 32.48% 8.49%
Net margin 1.05% 11.24% 1.01%
Free cash flow margin (2.55%) (11.63%) 1.87%
Return on equity 2.67% 12.96% 12.13%
Return on assets 0.60% 2.26% 0.24%
Return on invested capital 4.12% 2.62% 2.80%

Growth

Metric CTOS WLFC Rental & Leasing Services median
Revenue growth (TTM) 7.03% 17.34% 3.21%
EPS growth (last fiscal year) (16.67%) 0.33% (8.44%)
Revenue growth, 5-year CAGR 45.05% 20.39% 12.97%
Net income growth, 5-year CAGR 0.00% 75.97% 0.00%

Health

Metric CTOS WLFC Rental & Leasing Services median
Debt to equity 2.03 3.27 1.48
Current ratio 1.34 1.63 1.36
Net debt to EBITDA 4.17 5.98 4.32

Dividend

Metric CTOS WLFC Rental & Leasing Services median
Dividend yield — 1.42% 1.56%
Payout ratio — 0.13 0.22

Size

Metric CTOS WLFC Rental & Leasing Services median
Market cap 2.09b 812.99m 2.43b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack