Schneider National, Inc. (SNDR) vs Werner Enterprises, Inc. (WERN)

Schneider National, Inc. and Werner Enterprises, Inc. are both Trucking companies. Schneider National, Inc. is the larger, with a market value of $5.6B against $2.0B — 2.8× the size. Werner Enterprises, Inc. has negative trailing earnings, so its P/E is not meaningful; Schneider National, Inc. trades at 48.8×. Werner Enterprises, Inc. grew revenue faster over the last twelve months: 9.64% against 6.25%. Schneider National, Inc. has the higher net margin (1.92% vs −1.42%) and the higher return on invested capital (3.53% vs −0.82%). Both pay a dividend; Schneider National, Inc. yields more (1.38% vs 1.33%). Across the 22 metrics below, Schneider National, Inc. leads on 13 and Werner Enterprises, Inc. on 9.

Valuation

Metric SNDR WERN Trucking median
P/E 48.83 n/m 50.34
P/S 0.94 0.61 1.19
P/B 1.79 1.45 1.48
Price to free cash flow 17.28 11.10 13.51
EV/EBITDA 8.93 9.59 11.77
EV/Sales 0.95 0.84 1.03
Earnings yield 2.05% (2.31%) 0.21%
Free cash flow yield 5.79% 9.01% 4.56%

Profitability

Metric SNDR WERN Trucking median
Gross margin 56.18% 52.75% 51.20%
Operating margin 3.03% (0.86%) 0.00%
Net margin 1.92% (1.42%) 0.35%
Free cash flow margin 5.44% 5.46% 5.45%
Return on equity 3.68% (3.33%) 0.31%
Return on assets 2.24% (1.52%) 0.37%
Return on invested capital 3.53% (0.82%) (0.05%)

Growth

Metric SNDR WERN Trucking median
Revenue growth (TTM) 6.25% 9.64% 4.46%
EPS growth (last fiscal year) (10.61%) (143.64%) —
Revenue growth, 5-year CAGR 4.50% 4.63% 6.44%
Net income growth, 5-year CAGR (13.32%) 0.00% 0.00%

Health

Metric SNDR WERN Trucking median
Debt to equity 0.13 0.60 0.17
Current ratio 2.03 1.45 1.52
Net debt to EBITDA 0.26 2.32 1.59

Dividend

Metric SNDR WERN Trucking median
Dividend yield 1.38% 1.33% 1.00%
Payout ratio 0.15 0.19 0.08

Size

Metric SNDR WERN Trucking median
Market cap 5.59b 2.01b 1.53b

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