Earned freight revenue
Include linehaul, fuel surcharges and other earned accessorial revenue once. Do not count a factoring advance as new freight revenue or include a still-unearned dispatch promise.
Owner-operator finance · Free planning tool
One-Truck Profit & Loss Template
See what your freight business actually earns across twelve months. Enter earned revenue, real operating costs and recurring expenses; compare profit with your owner compensation target, then export a CSV.
Step 03 · Review the result
Annual income statement
Illustrative plan, before income taxes.
Freight revenue—
Total recognized expenses—
Profit before income tax—
Pretax profit margin—
Profit per all mile—
After optional owner-labor target—
Calculating example…
Important: the owner-labor allowance is an economic planning benchmark, not an extra P&L deduction. Loan principal, owner draws and cash collection delays belong in different reports.
| Month | Revenue | Variable costs | Operating expenses incl. depreciation | Interest | Pretax profit |
|---|
How this statement works
Operating costs
Fuel, repairs, tires, tolls, factoring fees, insurance, administration and employee wages belong in expense categories. Avoid entering the same bill twice.
Depreciation vs. loan payments
The model subtracts a depreciation assumption and truck-loan interest. It does not deduct loan principal or the full purchase price again. Use records and professional advice for tax depreciation.
Owner compensation and cash
Sole-proprietor draws are not employee wages. Compare pretax profit to a separate target for owner labor; use the cash runway tool for collection timing and debt principal.
Read the full one-truck P&L guide, compare cost per mile and model cash runway. For accounting classification and tax treatment, consult the IRS Schedule C instructions and your accountant.