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Sorren Benchmark Report

Harvest Motor Company

Klamath Falls, OR · NAICS 441110 New Car Dealers

Tax year 2026
Prepared by Robert Sorensen
Medford, OR office
Section 1

Executive Summary

Harvest Motor Company generated $80,673,000 of revenue in 2026 with 77 employees, producing an EBITDA margin of 10.0% against a peer median of -2.1%. Compared with 90 similar businesses, performance is strongest in growth and warrants examination in operating efficiency. Total benchmark variance across all categories is $2.93M.

Section 2

Company Snapshot

Revenue
$80.67M
Employees
77
Entity type
Sole Proprietorship
Years in business
22
Gross margin
28.0%
EBITDA margin
10.0%
Net margin
5.6%
Effective tax rate
18.7%
Section 3

Peer Group Definition

90 businessesNAICS 441110 — New Car DealersORRevenue $40.3M–$129.1M38–108 employeesTax year 2026

Comparison sample size 90; NAICS 441110; revenue range $40.30M$129.10M; geographic filter OR. Data availability for this client: 68% coverage across tax return, financial statements, payroll and employee records.

Section 4

Financial Performance

Line item (% revenue)CompanyPeer medianTop 25%
Revenue100.0%100.0%100.0%
Cost of Goods Sold72.0%85.0%76.8%
Gross Profit28.0%15.0%23.2%
Payroll7.0%6.3%5.6%
Benefits0.9%0.9%0.8%
Occupancy1.3%1.1%1.0%
Marketing1.0%1.2%1.3%
Insurance0.6%0.7%0.6%
Professional Fees0.5%0.4%0.4%
Administrative & Other5.8%4.8%4.4%
EBITDA10.0%-2.1%7.2%
Depreciation0.9%0.9%0.8%
Interest2.2%2.8%2.5%
Net Income5.6%-5.9%2.9%
Section 5

Profitability and Operational Efficiency

Growth
89th
Profitability
85th
Labor Efficiency
49th
Operating Efficiency
29th
Liquidity
77th
Leverage
85th
Tax Efficiency
40th
Asset Efficiency
79th
Section 6

Balance Sheet

Current Ratio
3.52
median 3.69
Quick Ratio
2.03
median 1.57
Debt / EBITDA
3.15
median 16858239.00
Debt / Equity
1.53
median 2.52
Days Sales Outstanding
9.89
median 12.15
Asset Turnover
1.68
median 1.62
Section 7

Tax Overview

Federal tax
$807,006
State tax
$227,617
Effective rate
18.7%
Section 179
$1,370,188
Owner compensation
$1,628,790
Owner distributions
$3,302,948
Retirement
$210,790
Capital expenditures
$3,753,780
Section 8

Industry Trends

YearRevenueGrowthGrossEBITDAPayroll %
2022$65.87M+3.2%25.0%7.3%7.5%
2023$69.40M+5.4%24.7%7.0%7.5%
2024$73.08M+5.3%26.4%8.5%7.7%
2025$74.94M+2.5%28.3%10.2%7.9%
2026$80.67M+7.6%28.0%10.0%7.8%
Section 9

Opportunities for Discussion

  • Operating Expense Load. Operating expenses run 18.0% of revenue versus a peer median of 16.3%. Which expense categories account for the difference?Benchmark variance $1.38M
  • Working Capital Position. Current ratio of 3.52 compares with an industry median of 3.69. How much liquidity headroom does the business need through its cycle?Benchmark variance $1.02M
  • Payroll Efficiency. Total labor cost represents 7.8% of revenue against a peer median of 7.2%. Is the staffing model carrying capacity for growth, or absorbing margin?Benchmark variance $537K
  • Owner Compensation Structure. Owner compensation represents 2.0% of revenue compared with a 1.8% median for comparable entities. Should compensation strategy be reviewed with the tax team?
  • Gross Margin Variance. Gross margin of 28.0% compares with a peer median of 15.0%. Where are direct costs and pricing diverging from comparable businesses?
  • Revenue per Employee. Revenue per employee of $1048K compares with a peer median of $878K. Is productivity constrained by capacity, mix, or pricing?
  • Leverage Profile. Debt to EBITDA of 3.15x compares with a peer median of 16858239.00x. Does the capital structure match the asset base and cash cycle?
Section 10

Advisor Notes

Section 11

Methodology

Sorren Benchmark aggregates anonymized financial, tax, payroll and operational data across 60,000 businesses. Peer statistics report count, mean, median, 10th, 25th, 75th and 90th percentiles and standard deviation. Comparisons use normalized ratios rather than raw dollars. Statistics are released only where a cohort contains at least 10 businesses, and individual peer companies are never displayed. Benchmark variance expresses the mathematical difference between this company and its peer median; it is not a projection of savings, nor tax or investment advice.