Saturday 17 October 2026 Export WERN’s income statement to Excel — free account

Werner Enterprises, Inc.

Werner Enterprises, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, down 1.84% from fiscal 2024. In the quarter to June 2026, revenue grew 24.0%, EPS fell 84.7%, free cash flow grew 581.6% and total debt rose 12.6%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

32.81 0.58 −1.74%

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Market cap: $2.0B
P/E: 0.0×
Fwd P/E: 56.2×
Dividend yield: 1.71%
F-score: 5/9
Altman Z: 2.81
Beneish M: −2.89
Dividend safety: 24/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.14

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	1	—	—	—	1	—	—	—	—

Insider Ownership 1.94%

Capital & Financial Ratios $m

Market Cap 2,000.00

Revenue 3,251.67

Net Income (55.52)

Free Cash Flow 177.63

Net Debt 759.14

Current Ratio 1.45

Debt/Equity 0.60

P/E ratio 0.00

Fwd P/E 56.20

P/S ratio 0.61

P/B ratio 1.45

Past 5Y EPS Growth —

This Y EPS Growth 5,723.07%

Next Y EPS Growth 98.64%

Next Y revenue growth 22.58%

Next 5Y EPS Growth 47.54%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 7.45%

10-year low 10-year high

P/B against its own 10 years 9.58%

10-year low 10-year high

EV/Sales against its own 10 years 9.07%

10-year low 10-year high

EV/FCF against its own 10 years 7.83%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.56

Annual Dividend Yield 1.71%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.56	0.14 0.14 0.14 0.14
2025	0.56	0.14 0.14 0.14 0.14
2024	0.42	0.14 0.14 0.14
2023	0.55	0.13 0.14 0.14 0.14
2022	0.51	0.12 0.13 0.13 0.13
2021	0.46	0.10 0.12 0.12 0.12
2020	0.45	0.09 0.09 0.09 0.09 0.09
2019	0.27	0.09 3.75 0.09 0.09
2018	0.34	0.07 0.09 0.09 0.09
2017	0.27	0.06 0.07 0.07 0.07
2016	0.24	0.06 0.06 0.06 0.06

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	62	41	60	57
Receivables	470	418	415	509
Inventory	18	14	12	14
Other	30	15	68	52
	635	542	613	675

	2023	2024	2025	Q'26
Payables	136	112	95	119
ST’ Debt	3	20	—	—
Other	29	56	52	65
	331	356	315	466

Compound Annual Growth %

	10y	5y	3y
Sales	3.57%	4.63%	(3.31%)
Cash Flow	(6.87%)	(16.42%)	(26.00%)
Earnings	0.00%	0.00%	0.00%
Book Value	3.83%	2.66%	(1.90%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	809	934	—	—	—
’25	712	753	771	738	2,974
’24	769	761	746	755	3,030
’23	833	811	818	822	3,283
’22	765	836	828	861	3,290
’21	616	650	703	765	2,734
’20	593	569	590	620	2,372

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	83	84	—	—	—
’25	29	46	44	62	182
’24	89	109	61	71	330
’23	167	115	74	118	474
’22	155	113	65	116	449
’21	136	54	64	79	333
’20	133	154	59	100	446

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	81	94	—	—	—
’25	37	(20)	9	(7)	19
’24	70	10	(27)	42	95
’23	64	(37)	(46)	84	66
’22	118	(4)	(35)	52	131
’21	98	(11)	4	49	140
’20	115	65	(21)	21	180

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.07)	0.11	—	—	—
’25	(0.16)	0.72	(0.34)	(0.46)	(0.24)
’24	0.10	0.15	0.11	0.19	0.55
’23	0.55	0.47	0.37	0.37	1.76
’22	0.82	1.12	0.86	0.94	3.74
’21	0.68	1.06	0.94	1.15	3.82
’20	0.33	0.56	0.67	0.88	2.44

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	20.91	24.20	28.67	27.27	28.99	38.54	35.84	35.02	33.12	23.02	Analyst estimates 2026–2028 Powerpack
	High	29.05	39.85	43.95	39.21	47.43	49.76	48.79	50.31	42.71	38.60
People
People	Employees	8,733	9,043	9,616	9,676	9,342	9,988	10,249	9,929	9,287	8,677
	Revenue/emp, $m	0.23	0.23	0.26	0.25	0.25	0.27	0.32	0.33	0.33	0.34
Income, $m
Income, $m	Revenue	2,009	2,117	2,458	2,464	2,372	2,734	3,290	3,283	3,030	2,974
	Gross margin, %	58.25	58.77	58.15	60.70	64.08	60.00	55.38	54.69	54.91	52.97
	EBT	127	145	224	222	225	346	325	148	42	(21)
	EBT margin, %	6.34	6.83	9.11	9.01	9.47	12.65	9.87	4.50	1.40	(0.70)
	Net income	79	203	168	167	169	261	246	112	34	(23)
	Depreciation	210	218	230	250	263	268	280	300	290	286
Per share, $
Per share, $	Revenue	27.88	29.29	34.28	35.41	34.37	40.55	51.31	51.81	48.52	49.08
	Earnings	1.09	2.80	2.33	2.38	2.44	3.82	3.74	1.76	0.55	(0.24)
	Cash flow	4.30	3.91	5.83	6.13	6.46	4.94	7.00	7.49	5.28	3.00
	Capex	(5.96)	(2.75)	(4.87)	(4.08)	(3.86)	(2.86)	(4.95)	(6.45)	(3.76)	(2.69)
	Free cash flow	(1.66)	1.16	0.97	2.05	2.60	2.07	2.04	1.04	1.52	0.31
	Book value	13.81	16.39	17.64	15.97	17.31	19.69	22.51	24.12	23.31	22.49
	Shares, m	72	72	72	70	69	67	64	63	62	61
Valuation, ×
Valuation, ×	P/E	25.41	13.94	12.62	15.23	16.07	12.44	10.88	23.80	65.31	0.00
	P/S	0.99	1.33	0.86	1.03	1.14	1.18	0.79	0.81	0.74	0.61
	P/B	2.01	2.37	1.67	2.28	2.27	2.42	1.81	1.74	1.54	1.33
	EV/Sales	1.07	1.37	0.90	1.14	1.21	1.31	0.97	0.99	0.94	0.85
	EV/FCF	(18.00)	34.50	31.93	19.65	16.02	25.67	24.37	49.36	30.07	132.62
Cash, $m
Cash, $m	Operating cash flow	310	283	418	427	446	333	449	474	330	182
	Capex	(430)	(199)	(349)	(284)	(266)	(193)	(318)	(409)	(235)	(163)
	Free cash flow	(120)	84	69	143	180	140	131	66	95	19
Balance, $m
Balance, $m	Working capital	158	168	146	157	183	363	453	304	186	298
	Total debt	180	97	125	300	200	428	694	649	650	752
	Net debt	163	83	91	274	171	373	587	587	609	692
	Shareholders’ equity	995	1,185	1,265	1,111	1,195	1,328	1,444	1,528	1,456	1,363
Returns, %
Returns, %	ROA	4.68	11.27	8.64	7.90	7.86	10.88	8.46	3.59	1.10	(0.48)
	ROIC	6.81	7.09	10.34	10.18	10.41	11.36	9.95	5.21	2.00	0.35
	ROE	8.20	18.62	13.73	14.05	14.66	20.54	17.41	7.56	2.29	(1.02)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SAIA Saia, Inc.	$9.1B	32.2×	41.4×	+17.06% (above 0%: growing)	+31.84% (above 0%: growing)	+2,170.05% (above 0%: growing)	70.34%	13.09%	Compare
SNDR Schneider National, Inc.	$5.5B	49.2×	41.6×	+10.43% (above 0%: growing)	+33.33% (above 0%: growing)	−33.07% (below 0%: shrinking)	53.68%	4.55%	Compare
RXO RXO INC	$4.8B	— (loss-making)	— (loss-making)	+25.02% (above 0%: growing)	n/m	−620.00% (below 0%: shrinking)	14.04%	0.06%	Compare
ARCB ArcBest Corporation	$3.0B	186×	33.5×	+15.87% (above 0%: growing)	n/m	+45.84% (above 0%: growing)	(1.74%)	(1.74%)	Compare
WERN Werner Enterprises, Inc.	$2.0B	— (loss-making)	56.2×	+24.00% (above 0%: growing)	−84.72% (below 0%: shrinking)	+581.60% (above 0%: growing)	52.19%	1.81%
MRTN Marten Transport, Ltd.	$1.1B	75.5×	59.2×	−2.77% (below 0%: shrinking)	−22.22% (below 0%: shrinking)	+100,952.63% (above 0%: growing)	62.16%	3.09%	Compare
HTLD Heartland Express, Inc.	$860.7M	— (loss-making)	— (loss-making)	−12.48% (below 0%: shrinking)	n/m	+144.91% (above 0%: growing)	27.63%	8.99%	Compare
CVLG Covenant Logistics Group, Inc.	$781.9M	205×	22.4×	+9.91% (above 0%: growing)	−10.53% (below 0%: shrinking)	−406.90% (below 0%: shrinking)	58.97%	2.66%	Compare
ULH Universal Logistics Holdings, Inc.	$441.9M	— (loss-making)	31.3×	−3.67% (below 0%: shrinking)	+209.37% (above 0%: growing)	+220.86% (above 0%: growing)	37.71%	11.90%	Compare
Median of peers	$2.0B	75.5×	37.5×	+10.17%	+31.84%	+95.38%	45.70%	3.82%

All 18 Trucking stocks →

Werner Enterprises, Inc. (WERN) key facts

Concern: Werner Enterprises, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, down 1.84% from fiscal 2024.
Concern: Werner Enterprises, Inc. reported a net loss of $23.0 million, or a loss of $0.24 per share, for fiscal 2025.
Werner Enterprises, Inc. (WERN) is a Trucking company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, WERN traded at $32.81, a market capitalization of $2.0 billion.
Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.6× sales.
Werner Enterprises, Inc. pays an annual dividend of $0.56 per share, a yield of 1.71%.
Return on equity was −1.02% and debt-to-equity 0.60.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.81 (grey zone) for fiscal 2025.