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Sorren Benchmark Report

Clearwater Freight Lines

Ashland, OR · NAICS 484121 General Freight Trucking, Long-Distance

Tax year 2026
Prepared by Andrew Soltis
Medford, OR office
Section 1

Executive Summary

Clearwater Freight Lines generated $8,110,000 of revenue in 2026 with 41 employees, producing an EBITDA margin of 8.0% against a peer median of 4.3%. Compared with 180 similar businesses, performance is strongest in labor efficiency and warrants examination in growth. Total benchmark variance across all categories is $481K.

Section 2

Company Snapshot

Revenue
$8.11M
Employees
41
Entity type
Partnership
Years in business
4
Gross margin
52.7%
EBITDA margin
8.0%
Net margin
-1.0%
Effective tax rate
0.0%
Section 3

Peer Group Definition

180 businessesNAICS 484121 — General Freight Trucking, Long-DistanceORRevenue $4.1M–$13.0M20–58 employeesTax year 2026

Comparison sample size 180; NAICS 484121; revenue range $4.10M$13.00M; geographic filter OR. Data availability for this client: 79% 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 Sold47.3%44.0%38.4%
Gross Profit52.7%56.0%61.6%
Payroll22.6%28.3%25.2%
Benefits3.2%4.4%3.9%
Occupancy1.7%1.6%1.4%
Marketing0.4%0.4%0.5%
Insurance5.5%4.9%4.4%
Professional Fees0.6%0.7%0.6%
Administrative & Other4.0%4.9%4.3%
EBITDA8.0%4.3%9.7%
Depreciation6.2%6.8%6.0%
Interest2.8%2.6%2.3%
Net Income-1.0%-5.2%0.4%
Section 5

Profitability and Operational Efficiency

Growth
8th
Profitability
57th
Labor Efficiency
62nd
Operating Efficiency
57th
Liquidity
44th
Leverage
44th
Tax Efficiency
43rd
Asset Efficiency
36th
Section 6

Balance Sheet

Current Ratio
2.98
median 3.00
Quick Ratio
2.89
median 2.93
Debt / EBITDA
4.87
median 9.28
Debt / Equity
0.86
median 0.65
Days Sales Outstanding
45.42
median 44.23
Asset Turnover
1.10
median 1.01
Section 7

Tax Overview

Federal tax
$0
State tax
$0
Effective rate
0.0%
Section 179
$406,738
Owner compensation
$206,774
Owner distributions
$0
Retirement
$66,068
Capital expenditures
$806,039
Section 8

Industry Trends

YearRevenueGrowthGrossEBITDAPayroll %
2022$7.74M+2.4%50.4%6.9%24.6%
2023$7.79M+0.7%50.4%6.9%24.5%
2024$8.08M+3.7%50.7%7.1%24.7%
2025$8.61M+6.5%52.3%7.8%25.6%
2026$8.11M-5.8%52.7%8.0%25.8%
Section 9

Opportunities for Discussion

  • Gross Margin Variance. Gross margin of 52.7% compares with a peer median of 56.0%. Where are direct costs and pricing diverging from comparable businesses?Benchmark variance $266K
  • Owner Compensation Structure. Owner compensation represents 2.5% of revenue compared with a 3.2% median for comparable entities. Should compensation strategy be reviewed with the tax team?Benchmark variance $52K
  • Revenue per Employee. Revenue per employee of $198K compares with a peer median of $201K. Is productivity constrained by capacity, mix, or pricing?Benchmark variance $150K
  • Working Capital Position. Current ratio of 2.98 compares with an industry median of 3.00. How much liquidity headroom does the business need through its cycle?Benchmark variance $13K
  • Payroll Efficiency. Total labor cost represents 25.8% of revenue against a peer median of 32.6%. Is the staffing model carrying capacity for growth, or absorbing margin?
  • Operating Expense Load. Operating expenses run 44.7% of revenue versus a peer median of 52.0%. Which expense categories account for the difference?
  • Leverage Profile. Debt to EBITDA of 4.87x compares with a peer median of 9.28x. 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.