So How Much Do Owner Operators Make? In your first year, expect to lay out a lot of cash for working capital, out-of-pocket expenses, insurance, meals, oil changes, repairs and many other expenses. Leased or Own-Authority Independents Source(s): owner operator truck drivers year: https://biturl.im/YKiOo. Owner operator pay questions are asked of us most frequently, by truckers looking to owning their own trucking business. ! Owner operator truck drivers earn an average income of $183 000 per year. So how much do owner operators make? Even though becoming an owner-operator offers the opportunity to make more money, take off the rose-colored sunglasses. The average self-employed owner operator net salary after expenses is around $50 000-$60 000 per annum. Why does one make so little money if ones grosses so much? Fuel is one the largest expenses of owning a semi-truck, as most owner-operators spend an average of $50,000-$70,000 annually. The additional income is a paid out fuel subsidy, which fluctuates, from week to week. Fixed Expenses. When owner-operators drive as many as 110,000 miles per year in a machine that (at best) gets 8 miles per gallon, the cost of gas really adds up. Truck & Trailer. It depends on the contractual agreement the owner operator has with the … The most successful owner operators are business savvy . THE PAYCHECK !!! After evaluating all of the kind of costs above is when you get to start figuring out what is left from the salaries you’ll below listed by state for Owner Operator salary averages. Mileage Rate – Owner operator pay: This company pays a mileage rate base rate of $1.24/mile. Fuel is the single biggest expense in an owner-operator’s per mile expenses, averaging around 44.5 cents/mile. Remember as an Owner Operator you'll be paying these high fuel prices and all other expenses associated with driving. The additional income is a paid out fuel subsidy, which fluctuates, from week to week. Being an independent owner-operator or a small commercial truck fleet owner is a small profit margin business. Salary estimates are based on 1,836 salaries submitted anonymously to Indeed by Owner Operator Driver employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. Based on recent job postings on ZipRecruiter, the Flatbed Owner Operator job market in both Boydton, VA and the surrounding area is very active. Simple: Expenses. I mean everything. 2 Types of Owner Operator Expenses (Costs) 1. An experienced Truck Owner / Operator with 10-19 years of experience earns an average total compensation of C$42.16 based on 32 salaries. The owner-operator has to pay ALL of their own expenses. 1.How much do they make before and after all the expenses? According to this helpful article by TruckDriverSalary.com an owner operator can expect about $140,000 in revenue per year. 2.What are the expenses? Fixed Expenses. After expenses, the average owner operator will not make a lot of money, but will only make about ¼ of what they gross – and most don't gross $150,000. The average hourly pay for a Truck Owner / Operator in Canada is C$37.12. Fixed expenses or fixed costs are those which an owner operator … Let’s assume you drive 5 days per week, 50 weeks per year, that is 250 days of work. Just how much money do owner operators make?