Saia, Inc. (SAIA) vs Werner Enterprises, Inc. (WERN)

Saia, Inc. and Werner Enterprises, Inc. are both Trucking companies. Saia, Inc. is the larger, with a market value of $8.9B against $2.0B — 4.4× the size. Werner Enterprises, Inc. has negative trailing earnings, so its P/E is not meaningful; Saia, Inc. trades at 31.2×. Werner Enterprises, Inc. grew revenue faster over the last twelve months: 9.64% against 4.84%. Saia, Inc. has the higher net margin (8.19% vs −1.42%) and the higher return on invested capital (8.54% vs −0.82%). Across the 21 metrics below, Saia, Inc. leads on 14 and Werner Enterprises, Inc. on 7.

Valuation

Metric SAIA WERN Trucking median
P/E 31.21 n/m 50.34
P/S 2.56 0.61 1.19
P/B 3.18 1.45 1.48
Price to free cash flow 31.03 11.10 13.51
EV/EBITDA 13.85 9.59 11.77
EV/Sales 2.56 0.84 1.03
Earnings yield 3.20% (2.31%) 0.21%
Free cash flow yield 3.22% 9.01% 4.56%

Profitability

Metric SAIA WERN Trucking median
Gross margin 71.55% 52.75% 51.20%
Operating margin 11.04% (0.86%) 0.00%
Net margin 8.19% (1.42%) 0.35%
Free cash flow margin 8.25% 5.46% 5.45%
Return on equity 10.77% (3.33%) 0.31%
Return on assets 7.74% (1.52%) 0.37%
Return on invested capital 8.54% (0.82%) (0.05%)

Growth

Metric SAIA WERN Trucking median
Revenue growth (TTM) 4.84% 9.64% 4.46%
EPS growth (last fiscal year) (29.53%) (143.64%) —
Revenue growth, 5-year CAGR 12.16% 4.63% 6.44%
Net income growth, 5-year CAGR 13.01% 0.00% 0.00%

Health

Metric SAIA WERN Trucking median
Debt to equity 0.04 0.60 0.17
Current ratio 1.58 1.45 1.52
Net debt to EBITDA 0.24 2.32 1.59

Dividend

Metric SAIA WERN Trucking median
Dividend yield — 1.33% 1.00%
Payout ratio 0.00 0.19 0.08

Size

Metric SAIA WERN Trucking median
Market cap 8.89b 2.01b 1.53b

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