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Aircastle vs Custom Truck One Source: revenue, profit, margins and growth compared

Aircastle brought in $975.1M of revenue in fiscal 2025, Custom Truck One Source $1.9B in fiscal 2025. Revenue changed by +18.8% at Aircastle and +7.9% at Custom Truck One Source on the year before, so Aircastle grew faster. Aircastle kept 19.9% of its revenue as net profit, Custom Truck One Source -1.6%.

Side by side, latest fiscal year

AYRCTOS
Fiscal year endedFY2025 (February 28, 2026)FY2025 (December 31, 2025)
Revenue$975.1M$1.9B
Revenue growth+18.8%+7.9%
Net income$194M-$31.1M
Net margin19.9%-1.6%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)n/a-$0.14
Cash$179.9M$6.3M
Debt$5.3B$1.6B
Price to earningsn/an/a
Market valuen/a$2.1B
Dividend yieldn/an/a
Rank by revenue in sector#466 of 778 · Consumer discretionary#359 of 778 · Consumer discretionary

Over the years

Revenue
AYR FY2018: $890.4MAYR FY2019: $917.9MAYR FY2020: $832.3MAYR FY2021: $769.8MAYR FY2022: $796MAYR FY2023: $855.4MAYR FY2024: $821MAYR FY2025: $975.1MCTOS FY2018: $246.3MCTOS FY2019: $264MCTOS FY2020: $302.7MCTOS FY2021: $1.2BCTOS FY2022: $1.6BCTOS FY2023: $1.9BCTOS FY2024: $1.8BCTOS FY2025: $1.9BFY18FY19FY20FY21FY22FY23FY24FY25
AYR $975.1MCTOS $1.9B
Net income
AYR FY2018: $247.9MAYR FY2019: $156.6MAYR FY2020: -$333.2MAYR FY2021: -$278.2MAYR FY2022: $62.8MAYR FY2023: $83.3MAYR FY2024: $123.6MAYR FY2025: $194MCTOS FY2018: -$15.5MCTOS FY2019: -$27.1MCTOS FY2020: -$21.3MCTOS FY2021: -$181.5MCTOS FY2022: $38.9MCTOS FY2023: $50.7MCTOS FY2024: -$28.7MCTOS FY2025: -$31.1MFY18FY19FY20FY21FY22FY23FY24FY25
AYR $194MCTOS -$31.1M
Net margin
AYR FY2018: 27.8%AYR FY2019: 17.1%AYR FY2020: -40.0%AYR FY2021: -36.1%AYR FY2022: 7.9%AYR FY2023: 9.7%AYR FY2024: 15.1%AYR FY2025: 19.9%CTOS FY2018: -6.3%CTOS FY2019: -10.2%CTOS FY2020: -7.0%CTOS FY2021: -15.6%CTOS FY2022: 2.5%CTOS FY2023: 2.7%CTOS FY2024: -1.6%CTOS FY2025: -1.6%FY18FY19FY20FY21FY22FY23FY24FY25
AYR 19.9%CTOS -1.6%
Revenue growth
AYR FY2019: +3.1%AYR FY2021: -7.5%AYR FY2022: +3.4%AYR FY2023: +7.5%AYR FY2024: -4.0%AYR FY2025: +18.8%CTOS FY2019: +7.2%CTOS FY2020: +14.7%CTOS FY2021: +285.5%CTOS FY2022: +34.8%CTOS FY2023: +18.6%CTOS FY2024: -3.4%CTOS FY2025: +7.9%FY19FY20FY21FY22FY23FY24FY25
AYR +18.8%CTOS +7.9%

Fiscal years as each company reports them; the two may end in different months.

Questions about Aircastle and Custom Truck One Source

Which is bigger by revenue, Aircastle or Custom Truck One Source?

Custom Truck One Source is bigger by revenue: $1.9B in fiscal 2025, against $975.1M for Aircastle in fiscal 2025.

Which keeps more of its revenue as profit, Aircastle or Custom Truck One Source?

Aircastle had a net margin of 19.9% in fiscal 2025; Custom Truck One Source had -1.6% in fiscal 2025.

Which grew revenue faster, Aircastle or Custom Truck One Source?

In their latest fiscal years revenue changed by +18.8% at Aircastle and +7.9% at Custom Truck One Source.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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