WERN · Werner Enterprises Inc - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · WERN

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$2.97B	$3.03B	$3.28B	$3.29B	$2.73B	$2.37B
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	-	-	-	-	-
Total Operating Expenses	$2.96B	$2.96B	$3.11B	$2.97B	$2.43B	$2.14B
D&A	$276.30M	$280.30M	$289.20M	$265.80M	-	$263.29M
Operating Income	$11.66M	$66.15M	$176.42M	$323.08M	$309.15M	$227.44M
Interest Expense	$39.05M	$39.21M	$33.53M	$11.83M	$4.42M	$4.21M
Income Tax	$2.21M	$8.91M	$35.49M	$79.21M	$84.54M	$55.62M
Net Income	($14.40M)	$34.23M	$112.38M	$241.26M	$259.05M	$169.08M
EPS - Basic	($0.24)	$0.55	$1.77	$3.76	$3.84	$2.45
EPS - Diluted	($0.24)	$0.55	$1.76	$3.74	$3.82	$2.44

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$59.92M	$40.75M	$61.72M	$107.24M	$54.20M	$29.33M
Accounts Receivable	$394.93M	$391.68M	$444.94M	$518.82M	$460.52M	$341.10M
Inventory	$12.10M	$14.18M	$18.08M	$14.53M	$11.14M	$12.06M
Accounts Payable	$95.08M	$112.43M	$135.99M	$124.48M	$93.99M	$83.26M
Current Assets	$612.85M	$541.77M	$634.63M	$762.62M	$631.21M	$456.92M
Total Assets	$2.89B	$3.05B	$3.16B	$3.10B	$2.60B	$2.16B
Current Liabilities	$314.78M	$355.75M	$330.58M	$309.52M	$268.68M	$274.01M
Long-term Debt	$752.00M	$630.00M	$646.25M	$687.50M	$422.50M	-
Total Liabilities	$1.50B	$1.56B	$1.59B	$1.61B	$1.24B	-
Stockholders' Equity	$1.36B	$1.46B	$1.53B	$1.44B	$1.33B	$1.20B
Retained Earnings	$1.90B	$1.95B	$1.95B	$1.88B	$1.67B	$1.44B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$181.83M	$329.73M	$474.37M	$448.71M	$332.82M	$445.91M
Investing Cash Flow	($171.57M)	($241.45M)	($434.94M)	($514.33M)	($397.30M)	($263.27M)
Financing Cash Flow	$7.30M	($105.72M)	($87.07M)	$118.03M	$89.67M	($185.96M)
CapEx	$250.36M	$413.80M	$598.78M	$507.25M	$370.85M	$413.06M
Free Cash Flow	($68.53M)	($84.06M)	($124.42M)	($58.54M)	($38.03M)	$32.84M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	0.4%	2.2%	5.4%	9.8%	11.3%	9.6%
EBITDA margin	9.7%	11.4%	14.2%	17.9%	-	20.7%
Net margin	-0.5%	1.1%	3.4%	7.3%	9.5%	7.1%
Free cash flow margin	-2.3%	-2.8%	-3.8%	-1.8%	-1.4%	1.4%
FCF / Net income	4.76	-2.46	-1.11	-0.24	-0.15	0.19
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	-	-	-	-	-
Effective tax rate	-	20.7%	24.0%	24.7%	24.6%	24.8%
Return on assets	-0.5%	1.1%	3.6%	7.8%	9.9%	7.8%
Return on equity	-1.1%	2.4%	7.4%	16.7%	19.5%	14.1%
Return on invested capital	0.4%	2.5%	6.2%	11.4%	13.3%	-
Liquidity
Current ratio	1.95	1.52	1.92	2.46	2.35	1.67
Quick ratio	1.91	1.48	1.87	2.42	2.31	1.62
Cash ratio	0.19	0.11	0.19	0.35	0.20	0.11
Leverage
Debt / Equity	0.55	0.43	0.42	0.48	0.32	-
Debt / Assets	0.26	0.21	0.20	0.22	0.16	-
Debt / EBITDA	2.61	1.82	1.39	1.17	-	-
Interest coverage	0.3x	1.7x	5.3x	27.3x	69.9x	54.0x
Equity multiplier	2.12	2.10	2.07	2.15	1.96	1.80
Liabilities / Assets	0.52	0.51	0.50	0.52	0.48	-
Efficiency
Asset turnover	1.03	0.99	1.04	1.06	1.05	1.10
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	48d	47d	49d	58d	61d	52d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	-	65.3x	24.1x	10.8x	12.5x	16.1x
P / B	1.3x	1.5x	1.8x	1.8x	2.4x	2.3x
P / S	0.6x	0.7x	0.8x	0.8x	1.2x	1.1x
EV / EBITDA	8.7x	8.2x	7.1x	5.4x	-	5.5x
Growth
Revenue growth (YoY)	-1.8%	-7.7%	-0.2%	20.3%	15.3%	-3.7%
Revenue CAGR (3y)	-3.3%	3.5%	11.4%	10.1%	3.6%	3.9%
Revenue CAGR (5y)	4.6%	4.2%	6.0%	9.2%	6.4%	2.5%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-82.4%	-62.5%	-45.4%	4.5%	35.9%	0.9%
Net income growth (YoY)	-	-69.5%	-53.4%	-6.9%	53.2%	1.3%
EPS growth (YoY)	-	-68.8%	-52.9%	-2.1%	56.6%	2.5%
EPS CAGR (3y)	-	-47.6%	-10.3%	16.3%	17.9%	-4.5%
EPS CAGR (5y)	-	-25.4%	-5.5%	6.0%	28.5%	7.4%
FCF growth (YoY)	18.5%	32.4%	-112.5%	-53.9%	-	457.1%
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	-6.4%	-4.7%	5.9%	8.7%	11.1%	7.6%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$5.88B total

Transportation Services$2.90B · 49.3%

Truckload Transportation Services Segment$2.05B · 34.9%

Werner Logistics$856.86M · 14.6%

Otherrevenuerecognitionsegments$74.89M · 1.3%

Geographic

$3.11B total

US$2.84B · 91.3%

Total Foreign Countries$134.62M · 4.3%

MX$120.38M · 3.9%

CA$14.24M · 0.5%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

2.05

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✗Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✓Current ratio improved
✓No share dilution
-Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Trucking (No Local)

Company	Revenue (last FY)	Net margin	ROE
JBHT	-	-	16.8%
KNX	$7.47B	0.9%	0.9%
ODFL	-	-	23.7%
SNDR	$5.67B	1.8%	3.4%
ARCB	$4.01B	1.5%	4.6%

Comparing WERNER ENTERPRISES INC against the 5 most active filers in the same SIC group.

Dividends

$0.56/share trailing 12 months · 0.0% YoY

Ex-date	Per share
Apr 13, 2026	$0.1400
Jan 5, 2026	$0.1400
Oct 6, 2025	$0.1400
Jul 7, 2025	$0.1400
Apr 14, 2025	$0.1400
Jan 2, 2025	$0.1400
Oct 7, 2024	$0.1400
Jul 1, 2024	$0.1400
Apr 12, 2024	$0.1400
Dec 29, 2023	$0.1400
Sep 29, 2023	$0.1400
Jun 30, 2023	$0.1400
Apr 14, 2023	$0.1300
Dec 30, 2022	$0.1300
Sep 30, 2022	$0.1300
Jul 1, 2022	$0.1300
Apr 14, 2022	$0.1200
Dec 31, 2021	$0.1200
Oct 1, 2021	$0.1200
Jul 2, 2021	$0.1200
Apr 16, 2021	$0.1000
Dec 31, 2020	$0.0900
Oct 2, 2020	$0.0900
Jul 2, 2020	$0.0900