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Logistics and freight

Logistics company financial model, built free.

A three-statement Excel model for a diversified logistics group, built from your own figures and checked to balance.

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  • No card
  • Usually ready within the hour

We use generative AI in parts of our process, so mistakes can occur. Every model should be checked by a person before it is relied on. Read more

The business

Runs several logistics lines — road freight, parcels, freight forwarding and contract warehousing — earning volumes × yield with fuel surcharges across a mix of owned and subcontracted capacity.

See the sampleHow the model works

In short

  • 01

    Three linked statements

    Income statement, balance sheet and cash flow, linked in every period.

  • 02

    Valued three ways

    Discounted cash flow, trading multiples and sum of the parts, side by side.

  • 03

    Monthly to annual

    Monthly, quarterly, half-yearly or annual periods, for up to 30 years.

  • 04

    Checked every period

    A Checks sheet shows the balance sheet balances and the cash reconciles.

The sample

The sample, as Excel draws it.

Built by the same system and checks as yours: its structure and its inputs, ready for your own figures.

Annual · 10 years · Low detail
Logistics company sample model.xlsx
The How It Works sheet of the sample logistics company model

The sample describes no real business. Yours is calibrated to your own figures, so its results are your business’s.

How it works

How the model works for a logistics company.

  1. How it earns revenue1 formula
    Volumes and yield · All logistics service lines
    Logistics revenueVolumeRevenue per unit of volume
  2. What drives its costs3 formulas
    Fleet, fuel and linehaul costs · All logistics service lines
    Purchased transport and handlingPurchased transportHandling and other direct costs
    Operating expenses · Across the business
    Total FTEsOperations and deliverySales and marketingTechnologyFinance, HR and administration
    Operating expenses · Across the business
    Total average FTEsOperations and deliverySales and marketingTechnologyFinance, HR and administration
  3. What it invests in3 formulas
    Operating vehicle and vessel fleet · All fleet classes
    Fleet capital expenditureUnits boughtPrice per new unit
    Operating vehicle and vessel fleet · All fleet classes
    Fleet depreciationDepreciation of the existing fleetDepreciation of new units
    Operating vehicle and vessel fleet · All fleet classes
    Disposal proceeds (book value of units sold)Book value of existing units sold (at resale value)Book value of new units sold (at residual value)
  4. How it is funded3 formulas
    Debt
    RepaymentsScheduled repaymentsPrepayments from an equity raise and the cash sweep
    Debt
    Closing balanceOpening balanceDrawdownsRepayments
    Debt
    Interest expenseOpening balanceAll-in interest rateshare of the year
  5. How profit becomes cash3 formulas
    Working capital
    Trade receivablesRevenuefrom statementsDebtor daysDays in period
    Working capital
    InventoryDirect costs (positive)from statementsInventory daysDays in period
    Working capital
    Trade payablesCash operating costs (positive)from statementsCreditor daysDays in period
What it covers

19 parts, each one tested.

Every part is a tested building block with its own checks: yours is put together from the ones your business needs.

  • CPI forecastConsensus curve with long-run anchor
  • Operating expensesHeadcount build by function
  • Corporate costsFixed cost base indexed to CPI
  • Working capitalFull working capital
  • Income taxCorporate rate with tax losses
  • Corporate fixed assetsStraight-line over remaining life
  • DebtAmortising term loan
  • Dividends and distributionsPayout of net profit
  • Discounted cash flow valuationDCF on free cash flow to the firm
  • Multiples valuationEV / EBITDA multiple
  • LeasesLease register
  • Key-metric summaryLast-twelve-month and run-rate metrics
  • Discount rate (WACC)CAPM at target gearing
  • Terminal valuePerpetuity growth on normalised cash flow
  • Sum of the partsRegister of parts on mixed bases
  • Enterprise value to equity bridgeNet debt at the valuation date
  • Volumes and yieldShipments × revenue per shipmentShipments, tonnes, parcels or pallets handled by each service line and the revenue they earn.
  • Fleet, fuel and linehaul costsCarrier buy rates (purchased transport)Drivers, fuel, fleet running costs, subcontractors and warehouse labour for each service line.
  • Operating vehicle and vessel fleetReplacement age and growth unitsBuses, trucks, vans, ferries and ground-support equipment owned or leased by an operator — numbers, capex, depreciation, disposals and zero-emission transition.
Key numbers

The numbers it tracks.

  1. 01volumes
  2. 02revenue per shipment
  3. 03operating ratio
  4. 04EBITDA margin
  5. 05fleet size
  6. 06return on capital
Used for

What it is used for.

Related models

More in logistics and freight.

Every transport and infrastructure model

Looking for a logistics company financial model template? Ours arrives built for your business, with your figures in it.

See a finished model, sheet by sheet

The sample is built on illustrative figures and describes no real business. Models are calculations prepared from the information you provide. They are not financial advice and must be independently verified. See our terms.