GROSS MARGIN (CF & OO) (EX. DEPRECIATION)
((Linehaul Revenue CF+Linehaul Revenue OO+Accessorial Revenue CF+Accessorial Revenue OO)(Linehaul Revenue CF+Linehaul Revenue OO+Accessorial Revenue CF+Accessorial Revenue OO−Driver Wages and Benefits CF−Purchased Transportation OO−Variable Driving Expenses CF−Variable Driving Expenses OO−Total Benefits Driver Non Driver Shop CF−Total Benefits Driver Non Driver Shop OO−Fuel Expense CF−Fuel Expense OO−Maintenance Expense CF−Maintenance Expense OO−Insurance Expense CF−Insurance Expense OO))∗100
This version of Gross Margin is identical to our regular Gross Margin formula, with the exception of Depreciation, Lease and Interest expense being excluded.