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.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $808.61M | - | $771.50M | $753.15M | $749.54M | - | $745.70M | $760.80M | $769.08M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $804.62M | - | $784.52M | $686.83M | $717.95M | - | $728.11M | $741.19M | $753.49M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $4.00M | - | ($13.02M) | $66.32M | ($5.83M) | - | $17.59M | $19.61M | $15.59M | - |
| Interest Expense | $11.65M | - | $9.94M | $9.35M | $7.95M | - | $8.66M | $9.04M | $7.95M | - |
| Income Tax | ($1.48M) | - | ($822.0K) | $15.47M | ($3.17M) | - | $2.00M | $2.93M | $3.07M | - |
| Net Income | ($4.26M) | - | ($20.57M) | $44.06M | ($10.10M) | - | $6.57M | $9.46M | $6.31M | - |
| EPS - Basic | ($0.07) | - | ($0.34) | $0.72 | ($0.16) | - | $0.11 | $0.15 | $0.10 | - |
| EPS - Diluted | ($0.07) | - | ($0.34) | $0.72 | ($0.16) | - | $0.11 | $0.15 | $0.10 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $61.54M | $59.92M | $50.98M | $51.42M | $51.95M | $40.75M | $54.66M | $70.45M | $60.34M | $61.72M |
| Accounts Receivable | $485.48M | $394.93M | $437.52M | $420.54M | $387.07M | $391.68M | $384.02M | $409.99M | $417.46M | $444.94M |
| Inventory | $14.40M | $12.10M | $11.55M | $13.23M | $12.98M | $14.18M | $15.44M | $16.29M | $17.17M | $18.08M |
| Accounts Payable | $137.52M | $95.08M | $147.31M | $129.18M | $113.36M | $112.43M | $164.41M | $142.16M | $136.24M | $135.99M |
| Current Assets | $702.92M | $612.85M | $604.79M | $559.48M | $538.70M | $541.77M | $546.97M | $577.67M | $597.32M | $634.63M |
| Total Assets | $3.26B | $2.89B | $2.97B | $2.95B | $2.99B | $3.05B | $3.12B | $3.09B | $3.08B | $3.16B |
| Current Liabilities | $481.94M | $314.78M | $373.71M | $334.33M | $323.62M | $355.75M | $357.71M | $342.46M | $314.05M | $330.58M |
| Long-term Debt | $869.60M | $752.00M | $725.00M | $725.00M | $640.00M | $630.00M | $690.00M | $660.00M | $596.25M | $646.25M |
| Total Liabilities | $1.88B | $1.50B | $1.54B | $1.49B | $1.51B | $1.56B | $1.63B | $1.60B | $1.52B | $1.59B |
| Stockholders' Equity | $1.35B | $1.36B | $1.40B | $1.42B | $1.44B | $1.46B | $1.45B | $1.46B | $1.52B | $1.53B |
| Retained Earnings | $1.89B | $1.90B | $1.94B | $1.97B | $1.93B | $1.95B | $1.95B | $1.95B | $1.95B | $1.95B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $83.45M | - | - | - | $29.37M | - | - | - | $88.58M | - |
| Investing Cash Flow | ($194.00M) | - | - | - | $2.37M | - | - | - | ($19.41M) | - |
| Financing Cash Flow | $112.10M | - | - | - | ($20.54M) | - | - | - | ($70.77M) | - |
| CapEx | $52.79M | - | - | - | $23.51M | - | - | - | $58.23M | - |
| Free Cash Flow | $30.66M | - | - | - | $5.86M | - | - | - | $30.35M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 0.5% | - | -1.7% | 8.8% | -0.8% | - | 2.4% | 2.6% | 2.0% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -0.5% | - | -2.7% | 5.9% | -1.3% | - | 0.9% | 1.2% | 0.8% | - |
| Free cash flow margin | 3.8% | - | - | - | 0.8% | - | - | - | 3.9% | - |
| FCF / Net income | -7.19 | - | - | - | -0.58 | - | - | - | 4.81 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | 26.0% | - | - | 23.4% | 23.6% | 32.7% | - |
| Return on assets | -0.1% | - | -0.7% | 1.5% | -0.3% | - | 0.2% | 0.3% | 0.2% | - |
| Return on equity | -0.3% | - | -1.5% | 3.1% | -0.7% | - | 0.5% | 0.7% | 0.4% | - |
| Return on invested capital | 0.1% | - | -0.5% | 2.3% | -0.2% | - | 0.6% | 0.7% | 0.5% | - |
| Liquidity | ||||||||||
| Current ratio | 1.46 | 1.95 | 1.62 | 1.67 | 1.66 | 1.52 | 1.53 | 1.69 | 1.90 | 1.92 |
| Quick ratio | 1.43 | 1.91 | 1.59 | 1.63 | 1.62 | 1.48 | 1.49 | 1.64 | 1.85 | 1.87 |
| Cash ratio | 0.13 | 0.19 | 0.14 | 0.15 | 0.16 | 0.11 | 0.15 | 0.21 | 0.19 | 0.19 |
| Leverage | ||||||||||
| Debt / Equity | 0.64 | 0.55 | 0.52 | 0.51 | 0.45 | 0.43 | 0.48 | 0.45 | 0.39 | 0.42 |
| Debt / Assets | 0.27 | 0.26 | 0.24 | 0.25 | 0.21 | 0.21 | 0.22 | 0.21 | 0.19 | 0.20 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 0.3x | - | -1.3x | 7.1x | -0.7x | - | 2.0x | 2.2x | 2.0x | - |
| Equity multiplier | 2.41 | 2.12 | 2.13 | 2.07 | 2.08 | 2.10 | 2.16 | 2.13 | 2.03 | 2.07 |
| Liabilities / Assets | 0.58 | 0.52 | 0.52 | 0.51 | 0.51 | 0.51 | 0.52 | 0.52 | 0.49 | 0.50 |
| Efficiency | ||||||||||
| Asset turnover | 0.25 | - | 0.26 | 0.26 | 0.25 | - | 0.24 | 0.25 | 0.25 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 219d | - | 207d | 204d | 188d | - | 188d | 197d | 198d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | 38.0x | - | - | 350.8x | 238.9x | 391.2x | - |
| P / B | 1.3x | - | 1.1x | 1.2x | 1.3x | - | 1.7x | 1.5x | 1.6x | - |
| P / S | 2.2x | - | 2.0x | 2.2x | 2.4x | - | 3.2x | 3.0x | 3.2x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.9% | - | 3.5% | -1.0% | -2.5% | - | -8.8% | -6.2% | -7.6% | - |
| Revenue CAGR (3y) | -1.0% | - | -2.3% | -3.4% | -0.7% | - | 2.0% | 5.4% | 7.7% | - |
| Revenue CAGR (5y) | 5.6% | - | 5.5% | 5.8% | 4.8% | - | 3.8% | 3.9% | 5.2% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | 238.2% | - | - | -53.6% | -58.4% | -70.8% | - |
| Net income growth (YoY) | 57.8% | - | - | 365.5% | - | - | -72.3% | -68.3% | -82.1% | - |
| EPS growth (YoY) | 56.3% | - | - | 380.0% | - | - | -70.3% | -68.1% | -81.8% | - |
| EPS CAGR (3y) | - | - | - | -13.7% | - | - | -51.1% | -47.9% | -47.2% | - |
| EPS CAGR (5y) | - | - | - | 5.2% | - | - | -27.8% | -24.7% | -27.8% | - |
| FCF growth (YoY) | 423.5% | - | - | - | -80.7% | - | - | - | 497.1% | - |
| FCF CAGR (5y) | -10.5% | - | - | - | -40.1% | - | - | - | 10.5% | - |
| Book value growth (YoY) | -5.8% | -6.4% | -3.7% | -2.4% | -5.4% | -4.7% | -4.2% | -2.8% | 3.2% | 5.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$5.88B totalTransportation 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 totalUS$2.84B · 91.3%
Total Foreign Countries$134.62M · 4.3%
MX$120.38M · 3.9%
CA$14.24M · 0.5%
Peer comparison
Same SIC group: Trucking (No Local)
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 |