The money question every company driver asks: "Would I make more as an owner operator?" The honest answer: it depends entirely on how well you run a business.
Income Comparison
| Factor | Company Driver | Owner Operator |
|---|---|---|
| Gross annual pay | $55,000-$85,000 | $150,000-$300,000 |
| Truck payment | $0 | $14,400-$33,600 |
| Insurance | $0 | $9,600-$26,400 |
| Fuel | $0 | $36,000-$84,000 |
| Maintenance | $0 | $3,600-$18,000 |
| Other expenses | $0 | $6,000-$12,000 |
| Net income | $55,000-$85,000 | $50,000-$150,000 |
The range for owner operators is massive. Good business operators net $120,000+. Poor operators net less than they made as company drivers.
Beyond the Money
| Factor | Company Driver | Owner Operator |
|---|---|---|
| Schedule control | Dispatched by carrier | You choose loads/routes |
| Home time | Depends on carrier policy | Your call (but empty truck = $0) |
| Stress level | Lower (just drive) | Higher (run a business + drive) |
| Job security | Can be fired/laid off | You're the boss (but no guaranteed income) |
| Tax benefits | Limited (W-2) | Massive (business deductions) |
| Retirement | 401K match possible | Self-funded (SEP IRA, Solo 401K) |
| Health insurance | Employer-sponsored | Self-purchased ($400-$1,200/mo) |
Who Should NOT Become an Owner Operator
- Drivers who don't want to manage money
- Drivers with credit scores below 550 and no savings
- Drivers who can't handle unexpected expenses without stress
- Drivers who need guaranteed weekly pay for bills
- Drivers who hate paperwork and business administration
Who SHOULD Become an Owner Operator
- Drivers with 2+ years experience and clean record
- Drivers with $20,000+ saved
- Drivers with 620+ credit scores
- Drivers who want to control their schedule and income
- Drivers who think like business owners, not employees
Make the Transition with Brobas
If you're ready, Brobas Capital Partners helps company drivers become owner operators every day. We match you with the right financing for your credit and budget.
Apply at brobascap.com or call (773) 691-3925