WERN
Werner Enterprises Inc
NASDAQ: WERN · INDUSTRIALS · TRUCKING
$36.39
+5.78% today
Updated 2026-04-29
Market cap
$2.06B
P/E ratio
—
P/S ratio
0.69x
EPS (TTM)
$-0.24
Dividend yield
1.64%
52W range
$23 – $38
Volume
1.0M
Werner Enterprises Inc (WERN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.08B | $2.07B | $2.17B | $1.67B | $1.82B | $2.00B | $2.04B | $2.03B | $2.14B | $2.09B | $2.01B | $2.12B | $2.46B | $2.46B | $2.37B | $2.73B | $3.29B | $3.28B | $3.03B | $2.97B |
| Revenue growth (YoY) | — | -0.5% | +4.6% | -23.0% | +8.9% | +10.3% | +1.7% | -0.4% | +5.4% | -2.1% | -4.0% | +5.4% | +16.1% | +0.2% | -3.7% | +15.3% | +20.3% | -0.2% | -7.7% | -1.8% |
| Cost of revenue | $-488.24M | $-481.33M | $965.66M | $611.44M | $767.24M | $1.15B | $1.71B | $1.73B | $1.79B | $1.71B | $1.68B | $1.77B | $2.04B | $2.04B | $1.91B | $2.26B | $2.77B | $2.86B | $2.69B | $2.80B |
| Gross profit | $2.57B | $2.55B | $1.20B | $1.06B | $1.05B | $857.47M | $330.70M | $302.90M | $345.02M | $385.09M | $324.42M | $344.91M | $418.06M | $427.41M | $460.89M | $477.93M | $521.59M | $423.65M | $338.63M | $172.42M |
| Gross margin | 123.5% | 123.2% | 55.4% | 63.3% | 57.7% | 42.8% | 16.2% | 14.9% | 16.1% | 18.4% | 16.1% | 16.3% | 17.0% | 17.3% | 19.4% | 17.5% | 15.9% | 12.9% | 11.2% | 5.8% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $1.08B | $1.08B | $690.38M | $538.82M | $527.58M | $536.51M | $79.34M | $84.68M | $94.59M | $95.97M | $99.97M | $96.03M | $114.20M | $104.22M | $124.29M | $112.12M | $163.22M | $157.00M | $162.59M | $131.86M |
| Operating income | $164.50M | $136.52M | $112.94M | $96.69M | $134.58M | $173.67M | $171.44M | $139.73M | $160.09M | $200.46M | $126.07M | $143.82M | $224.22M | $225.47M | $227.44M | $309.15M | $323.08M | $176.42M | $66.15M | $69.76M |
| Operating margin | 7.9% | 6.6% | 5.2% | 5.8% | 7.4% | 8.7% | 8.4% | 6.9% | 7.5% | 9.6% | 6.3% | 6.8% | 9.1% | 9.2% | 9.6% | 11.3% | 9.8% | 5.4% | 2.2% | 2.3% |
| EBITDA | $332.02M | $303.51M | $284.54M | $254.25M | $288.53M | $333.63M | $340.41M | $296.34M | $317.81M | $370.43M | $339.76M | $354.66M | $429.47M | $478.29M | $492.19M | $618.14M | $616.54M | $480.82M | $372.10M | $304.58M |
| EBITDA margin | 16.0% | 14.7% | 13.1% | 15.3% | 15.9% | 16.7% | 16.7% | 14.6% | 14.9% | 17.7% | 16.9% | 16.8% | 17.5% | 19.4% | 20.7% | 22.6% | 18.7% | 14.6% | 12.3% | 10.2% |
| EBIT | $164.50M | $136.52M | $117.11M | $98.94M | $136.28M | $174.99M | $173.45M | $123.32M | $140.83M | $177.22M | $130.04M | $137.02M | $199.32M | $228.76M | $228.91M | $350.44M | $336.61M | $181.32M | $81.69M | $18.26M |
| Interest expense | $2.57M | $765000.00 | $83000.00 | $99000.00 | $47000.00 | $85000.00 | $288000.00 | $454000.00 | $881000.00 | $1.97M | $2.58M | $2.24M | $2.69M | $6.85M | $4.21M | $4.42M | $11.83M | $33.53M | $39.21M | $39.05M |
| Income tax | $68.75M | $61.92M | $49.44M | $42.25M | $56.20M | $72.15M | $70.13M | $54.93M | $63.12M | $77.45M | $48.33M | $-58.33M | $55.73M | $54.96M | $55.62M | $84.54M | $79.21M | $35.49M | $8.91M | $2.21M |
| Effective tax rate | 41.1% | 45.1% | 42.3% | 42.8% | 41.3% | 41.3% | 40.5% | 38.8% | 39.0% | 38.5% | 37.9% | -40.4% | 24.9% | 24.8% | 24.8% | 24.6% | 24.7% | 24.0% | 20.7% | -18.1% |
| Net income | $98.64M | $75.36M | $67.58M | $56.58M | $80.04M | $102.76M | $103.03M | $86.78M | $98.65M | $123.71M | $79.13M | $202.89M | $168.15M | $166.94M | $169.08M | $259.05M | $241.26M | $112.38M | $34.23M | $-14.40M |
| Net income growth (YoY) | — | -23.6% | -10.3% | -16.3% | +41.5% | +28.4% | +0.3% | -15.8% | +13.7% | +25.4% | -36.0% | +156.4% | -17.1% | -0.7% | +1.3% | +53.2% | -6.9% | -53.4% | -69.5% | -142.1% |
| Profit margin | 4.7% | 3.6% | 3.1% | 3.4% | 4.4% | 5.1% | 5.1% | 4.3% | 4.6% | 5.9% | 3.9% | 9.6% | 6.8% | 6.8% | 7.1% | 9.5% | 7.3% | 3.4% | 1.1% | -0.5% |