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Werner Enterprises (WERN) Financials

Werner Enterprises logo
$27.55 -1.29 (-4.47%)
Closing price 04/25/2025 04:00 PM Eastern
Extended Trading
$27.55 +0.00 (+0.00%)
As of 04/25/2025 05:05 PM Eastern
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Annual Income Statements for Werner Enterprises

Annual Income Statements for Werner Enterprises

This table shows Werner Enterprises' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
99 124 79 203 168 167 169 259 241 112 34
Consolidated Net Income / (Loss)
99 124 79 203 168 167 169 261 246 112 34
Net Income / (Loss) Continuing Operations
99 124 79 203 168 167 169 261 246 112 34
Total Pre-Tax Income
162 201 127 145 224 222 225 346 325 148 42
Total Operating Income
160 200 126 144 224 225 227 309 323 176 66
Total Gross Profit
1,209 1,249 1,218 1,236 1,422 1,409 1,419 1,593 1,055 980 1,720
Total Revenue
2,139 2,094 2,009 2,117 2,458 2,464 2,372 2,734 3,290 3,283 3,030
Operating Revenue
2,139 2,094 2,009 2,117 2,458 2,464 2,372 2,734 3,290 3,283 3,030
Total Cost of Revenue
930 844 791 880 1,036 1,054 953 1,141 2,235 2,304 1,310
Operating Cost of Revenue
930 844 791 880 1,036 1,054 953 1,141 2,235 2,304 1,310
Total Operating Expenses
1,049 1,049 1,092 1,093 1,198 1,184 1,192 1,284 732 803 1,654
Marketing Expense
80 81 84 80 98 89 110 99 147 139 145
Depreciation Expense
177 193 210 218 230 250 263 268 280 300 290
Other Operating Expenses / (Income)
787 776 785 777 877 843 819 918 304 365 1,218
Total Other Income / (Expense), net
1.69 0.71 1.39 0.74 -0.33 -3.57 -2.74 37 1.71 -29 -24
Interest Expense
0.88 1.97 2.58 2.24 2.70 6.85 4.22 4.42 12 34 39
Interest & Investment Income
2.54 2.88 4.16 3.31 2.74 3.33 1.63 1.21 1.73 5.66 7.45
Other Income / (Expense), net
0.03 -0.20 -0.19 -0.33 -0.38 -0.04 -0.16 40 12 -0.76 8.09
Income Tax Expense
63 77 48 -58 56 55 56 85 79 35 8.91
Net Income / (Loss) Attributable to Noncontrolling Interest
- - - - - 0.00 0.00 2.43 4.32 -0.09 -0.66
Basic Earnings per Share
$1.37 $1.72 $1.10 $2.81 $2.35 $2.40 $2.45 $3.84 $3.76 $1.77 $0.55
Weighted Average Basic Shares Outstanding
72.12M 71.96M 72.06M 72.27M 71.69M 69.57M 69.02M 67.43M 64.13M 63.37M 62.45M
Diluted Earnings per Share
$1.36 $1.71 $1.09 $2.80 $2.33 $2.38 $2.44 $3.82 $3.74 $1.76 $0.55
Weighted Average Diluted Shares Outstanding
72.74M 72.56M 72.39M 72.56M 72.06M 70.03M 69.43M 67.86M 64.58M 63.72M 62.66M
Weighted Average Basic & Diluted Shares Outstanding
72M 71.90M 71.90M 72.20M 71.60M 69.35M 68.01M 65.80M 63.25M 63.47M 61.87M
Cash Dividends to Common per Share
$0.20 $0.22 $0.24 $0.27 $0.34 $4.11 $0.36 $0.46 $0.51 $0.55 $0.56

Quarterly Income Statements for Werner Enterprises

This table shows Werner Enterprises' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
55 60 35 30 24 24 6.31 9.47 6.57 12
Consolidated Net Income / (Loss)
56 61 36 30 24 23 6.25 9.20 6.54 12
Net Income / (Loss) Continuing Operations
56 61 36 30 24 23 6.25 9.20 6.54 12
Total Pre-Tax Income
74 81 47 40 31 30 9.32 12 8.54 12
Total Operating Income
76 88 53 47 38 38 16 20 18 13
Total Gross Profit
451 -288 473 467 459 -420 426 429 422 442
Total Revenue
828 861 833 811 818 822 769 761 746 755
Operating Revenue
828 861 833 811 818 822 769 761 746 755
Total Cost of Revenue
376 1,149 360 344 358 1,242 343 332 323 312
Operating Cost of Revenue
376 1,149 360 344 358 1,242 343 332 323 312
Total Operating Expenses
375 -376 420 420 421 -458 410 409 405 429
Marketing Expense
35 44 36 37 31 34 36 32 28 49
Depreciation Expense
70 74 74 75 75 76 74 73 72 72
Other Operating Expenses / (Income)
270 -494 309 308 316 -567 300 305 306 308
Total Other Income / (Expense), net
-2.35 -7.39 -6.45 -7.09 -7.36 -7.73 -6.27 -7.48 -9.05 -0.86
Interest Expense
2.78 5.82 7.92 8.14 8.66 8.82 7.95 9.04 11 11
Interest & Investment Income
0.39 -23 1.47 1.06 1.62 1.51 1.55 1.59 2.09 2.22
Other Income / (Expense), net
0.04 22 -0.01 -0.01 -0.32 -0.42 0.12 -0.03 -0.05 8.05
Income Tax Expense
18 20 11 10 7.03 6.97 3.07 2.93 2.00 0.91
Net Income / (Loss) Attributable to Noncontrolling Interest
0.87 0.85 0.31 0.14 -0.20 -0.34 -0.06 -0.27 -0.03 -0.31
Basic Earnings per Share
$0.87 $0.95 $0.56 $0.47 $0.37 $0.37 $0.10 $0.15 $0.11 $0.19
Weighted Average Basic Shares Outstanding
63.39M 64.13M 63.31M 63.38M 63.39M 63.37M 63.47M 62.71M 61.81M 62.45M
Diluted Earnings per Share
$0.86 $0.94 $0.55 $0.47 $0.37 $0.37 $0.10 $0.15 $0.11 $0.19
Weighted Average Diluted Shares Outstanding
63.78M 64.58M 63.70M 63.69M 63.74M 63.72M 63.73M 62.86M 62.02M 62.66M
Weighted Average Basic & Diluted Shares Outstanding
63.20M 63.25M 63.38M 63.39M 63.39M 63.47M 63.41M 61.81M 61.81M 61.87M

Annual Cash Flow Statements for Werner Enterprises

This table details how cash moves in and out of Werner Enterprises' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-1.07 9.23 -18 -2.35 19 -0.49 -4.11 25 53 -46 -21
Net Cash From Operating Activities
207 370 310 283 418 427 446 333 449 474 330
Net Cash From Continuing Operating Activities
207 370 310 283 418 427 446 333 449 474 330
Net Income / (Loss) Continuing Operations
99 124 79 203 168 167 169 261 246 112 34
Consolidated Net Income / (Loss)
99 124 79 203 168 167 169 261 246 112 34
Depreciation Expense
177 193 210 218 230 250 263 268 280 300 290
Non-Cash Adjustments To Reconcile Net Income
-22 -17 -25 -7.86 9.07 0.71 1.05 -84 -81 -34 -18
Changes in Operating Assets and Liabilities, net
-47 71 46 -130 11 9.47 12 -112 3.76 97 23
Net Cash From Investing Activities
-203 -336 -410 -184 -331 -272 -263 -397 -514 -435 -241
Net Cash From Continuing Investing Activities
-203 -336 -410 -184 -331 -272 -263 -397 -514 -435 -241
Purchase of Property, Plant & Equipment
-297 -454 -538 -316 -520 -421 -413 -371 -507 -599 -414
Acquisitions
- - - - - 0.00 0.00 -202 -184 -3.57 -3.82
Purchase of Investments
- - - - - 0.00 -5.00 -10 -20 -2.93 -6.04
Sale of Property, Plant & Equipment
84 103 108 117 171 137 147 178 190 190 179
Sale and/or Maturity of Investments
14 20 19 20 21 12 7.97 7.59 7.61 5.26 3.30
Other Investing Activities, net
-5.58 -3.58 0.00 -5.00 -3.30 0.00 - 0.00 0.00 -25 0.00
Net Cash From Financing Activities
-3.67 -25 83 -101 -68 -155 -186 90 118 -87 -106
Net Cash From Continuing Financing Activities
-3.67 -25 83 -101 -68 -155 -186 90 118 -87 -106
Repayment of Debt
-50 -13 -63 -105 -60 -100 -140 -28 -104 -142 -314
Repurchase of Common Equity
-31 -6.44 0.00 0.00 -72 -42 -57 -104 -110 0.00 -67
Payment of Dividends
-14 -15 -17 -19 -23 -286 -25 -29 -34 -34 -35
Issuance of Debt
85 10 165 0.00 110 275 40 255 370 95 315
Other Financing Activities, net
6.36 -0.32 -1.22 22 -22 -1.73 -4.55 -4.27 -4.08 -6.36 -4.83
Effect of Exchange Rate Changes
-0.48 -0.63 -0.38 0.05 -0.37 0.40 -0.78 -0.32 0.63 2.13 -3.54
Cash Interest Paid
0.82 1.98 2.47 2.49 2.69 6.44 4.42 4.23 11 27 40
Cash Income Taxes Paid
77 35 4.67 22 11 50 54 81 40 18 26

Quarterly Cash Flow Statements for Werner Enterprises

This table details how cash moves in and out of Werner Enterprises' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
71 -18 22 -83 -3.75 19 -1.39 10 -16 -14
Net Cash From Operating Activities
65 116 167 115 74 118 89 109 61 71
Net Cash From Continuing Operating Activities
65 116 167 115 74 118 89 109 61 71
Net Income / (Loss) Continuing Operations
56 61 36 30 24 23 6.25 9.20 6.54 12
Consolidated Net Income / (Loss)
56 61 36 30 24 23 6.25 9.20 6.54 12
Depreciation Expense
70 74 74 75 75 76 74 73 72 72
Non-Cash Adjustments To Reconcile Net Income
-22 -14 -14 -14 -8.41 2.13 -5.06 -8.68 0.67 -4.66
Changes in Operating Assets and Liabilities, net
-39 -4.77 71 24 -15 17 13 36 -18 -7.77
Net Cash From Investing Activities
-99 -246 -129 -151 -122 -33 -19 -100 -87 -35
Net Cash From Continuing Investing Activities
-99 -246 -129 -151 -122 -33 -19 -100 -87 -35
Purchase of Property, Plant & Equipment
-153 -127 -162 -200 -169 -69 -58 -140 -134 -81
Acquisitions
- -185 -2.31 -0.52 - -0.74 -1.06 -1.30 - -1.46
Purchase of Investments
- - 0.00 - -2.87 -0.07 -0.01 -0.01 -0.01 -6.01
Sale of Property, Plant & Equipment
52 64 59 48 49 34 39 41 47 52
Sale and/or Maturity of Investments
1.58 2.74 0.83 0.88 1.10 2.45 0.70 0.47 0.86 1.27
Net Cash From Financing Activities
105 111 -16 -48 44 -67 -71 3.00 11 -49
Net Cash From Continuing Financing Activities
105 111 -16 -48 44 -67 -71 3.00 11 -49
Repayment of Debt
-2.00 0.75 -2.50 -51 -30 -58 -71 -98 -60 -85
Repurchase of Common Equity
-8.29 - 0.00 - - - -6.55 -61 - 0.02
Payment of Dividends
-8.24 -9.79 -8.22 -8.24 -8.87 -8.88 -8.88 -8.88 -8.65 -8.65
Issuance of Debt
130 120 0.00 - 80 15 20 170 80 45
Other Financing Activities, net
-6.08 -0.38 -5.51 12 3.09 -15 -4.09 -0.09 - -0.66
Effect of Exchange Rate Changes
-0.25 0.56 0.97 1.02 -0.46 0.61 0.21 -1.96 -1.12 -0.67
Cash Interest Paid
2.43 5.52 8.24 8.40 8.66 1.91 9.33 7.40 11 13
Cash Income Taxes Paid
7.70 1.52 0.22 11 5.70 0.75 1.17 2.42 11 11

Annual Balance Sheets for Werner Enterprises

This table presents Werner Enterprises' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
1,480 1,586 1,793 1,808 2,084 2,144 2,157 2,604 3,097 3,158 3,052
Total Current Assets
426 380 373 400 457 466 457 631 763 635 542
Cash & Equivalents
23 32 17 14 34 26 29 54 107 62 41
Accounts Receivable
287 268 277 331 364 375 365 485 549 470 418
Inventories, net
18 16 13 12 10 9.24 12 11 15 18 14
Prepaid Expenses
15 16 15 16 17 17 17 18 18 54 54
Other Current Assets
26 27 30 28 32 39 34 63 74 30 15
Plant, Property, & Equipment, net
1,014 1,154 1,363 1,347 1,488 1,526 1,543 1,613 1,825 1,973 1,934
Plant, Property & Equipment, gross
1,786 1,909 2,110 2,114 2,248 2,344 2,405 2,558 2,886 2,952 2,941
Accumulated Depreciation
772 754 747 767 760 817 862 945 1,060 979 1,007
Total Noncurrent Assets
40 52 57 61 139 151 157 359 509 550 576
Goodwill
- - - - - - 0.00 75 133 129 129
Intangible Assets
- - - - - - 0.00 55 82 86 76
Other Noncurrent Operating Assets
40 52 57 61 139 151 157 229 295 335 371
Total Liabilities & Shareholders' Equity
1,480 1,586 1,793 1,808 2,084 2,144 2,157 2,604 3,097 3,158 3,052
Total Liabilities
647 650 798 623 819 1,033 962 1,240 1,615 1,591 1,558
Total Current Liabilities
187 184 215 232 310 309 274 269 310 331 356
Short-Term Debt
- 0.00 20 0.00 75 75 25 5.00 6.25 2.50 20
Accounts Payable
65 71 67 74 98 95 83 94 124 136 112
Accrued Expenses
- - - - - 11 25 29 20 30 19
Current Employee Benefit Liabilities
28 25 26 33 40 38 36 44 50 51 55
Other Current Liabilities
94 88 102 126 97 90 105 97 109 111 150
Total Noncurrent Liabilities
460 466 583 391 508 724 688 972 1,305 1,260 1,203
Long-Term Debt
75 75 160 75 50 225 175 423 688 646 630
Asset Retirement Reserve & Litigation Obligation
123 125 114 108 214 228 232 237 245 240 237
Noncurrent Deferred & Payable Income Tax Liabilities
242 246 293 195 233 250 238 268 313 320 270
Other Noncurrent Operating Liabilities
20 20 17 13 11 21 43 43 60 54 66
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
- - - - - - 0.00 36 39 39 38
Total Equity & Noncontrolling Interests
834 936 995 1,185 1,265 1,111 1,195 1,328 1,444 1,528 1,456
Total Preferred & Common Equity
834 936 995 1,185 1,265 1,111 1,195 1,328 1,444 1,528 1,456
Total Common Equity
834 936 995 1,185 1,265 1,111 1,195 1,328 1,444 1,528 1,456
Common Stock
103 104 102 103 108 113 117 123 131 136 139
Retained Earnings
915 1,023 1,085 1,268 1,414 1,295 1,439 1,667 1,876 1,953 1,953
Treasury Stock
-174 -178 -175 -171 -241 -282 -338 -442 -552 -551 -617
Accumulated Other Comprehensive Income / (Loss)
-9.38 -13 -17 -16 -16 -15 -23 -21 -11 -9.68 -18

Quarterly Balance Sheets for Werner Enterprises

This table presents Werner Enterprises' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
2,859 3,116 3,105 3,194 3,079 3,094 3,122
Total Current Assets
731 710 609 645 597 578 547
Cash & Equivalents
126 130 47 43 60 70 55
Accounts Receivable
518 490 471 476 442 438 409
Inventories, net
13 15 16 17 17 16 15
Prepaid Expenses
8.51 14 8.69 7.93 13 7.90 7.22
Other Current Assets
66 61 67 101 65 45 60
Plant, Property, & Equipment, net
1,719 1,855 1,944 1,987 1,931 1,960 2,021
Plant, Property & Equipment, gross
2,781 2,875 2,976 2,952 2,914 2,952 3,022
Accumulated Depreciation
1,062 1,020 1,032 966 983 992 1,001
Total Noncurrent Assets
410 552 551 563 550 556 554
Goodwill
74 129 129 129 129 129 129
Intangible Assets
51 94 92 89 84 81 79
Other Noncurrent Operating Assets
284 329 331 345 337 345 346
Total Liabilities & Shareholders' Equity
2,859 3,116 3,105 3,194 3,079 3,094 3,122
Total Liabilities
1,434 1,607 1,569 1,643 1,522 1,600 1,635
Total Current Liabilities
303 303 315 330 314 342 358
Short-Term Debt
5.00 5.00 3.75 3.75 1.25 10 0.00
Accounts Payable
116 129 120 129 136 142 164
Accrued Expenses
32 20 19 28 22 23 22
Current Employee Benefit Liabilities
48 44 47 49 48 52 55
Other Current Liabilities
103 106 125 120 106 115 116
Total Noncurrent Liabilities
1,131 1,303 1,254 1,314 1,208 1,258 1,277
Long-Term Debt
569 686 636 686 596 660 690
Asset Retirement Reserve & Litigation Obligation
239 246 240 238 236 227 228
Noncurrent Deferred & Payable Income Tax Liabilities
281 313 322 337 323 308 292
Other Noncurrent Operating Liabilities
43 59 56 53 53 62 67
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
39 39 39 39 39 38 38
Total Equity & Noncontrolling Interests
1,387 1,471 1,497 1,512 1,518 1,455 1,449
Total Preferred & Common Equity
1,387 1,471 1,497 1,512 1,518 1,455 1,449
Total Common Equity
1,387 1,471 1,497 1,512 1,518 1,455 1,449
Common Stock
128 129 131 134 134 136 138
Retained Earnings
1,824 1,903 1,924 1,939 1,951 1,952 1,950
Treasury Stock
-552 -552 -552 -552 -557 -618 -618
Accumulated Other Comprehensive Income / (Loss)
-13 -9.26 -6.62 -8.65 -9.07 -14 -21

Annual Metrics and Ratios for Werner Enterprises

This table displays calculated financial ratios and metrics derived from Werner Enterprises' official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - - -
Revenue Growth
5.43% -2.14% -4.04% 5.36% 16.12% 0.24% -3.71% 15.27% 20.32% -0.20% -7.71%
EBITDA Growth
7.73% 16.72% -14.71% 7.61% 25.71% 4.62% 3.28% 25.76% -0.34% -22.71% -23.26%
EBIT Growth
14.45% 25.07% -37.14% 13.99% 55.99% 0.71% 0.82% 53.66% -4.11% -47.55% -57.74%
NOPAT Growth
14.09% 26.28% -36.51% 157.91% -16.57% 0.73% 0.89% 36.50% 4.57% -45.13% -61.01%
Net Income Growth
13.67% 25.41% -36.04% 156.40% -17.12% -0.72% 1.28% 54.65% -6.08% -54.28% -70.10%
EPS Growth
15.25% 25.74% -36.26% 156.88% -16.79% 2.15% 2.52% 56.56% -2.09% -52.94% -68.75%
Operating Cash Flow Growth
-11.14% 79.31% -16.40% -8.67% 47.85% 2.03% 4.52% -25.36% 34.82% 5.72% -30.49%
Free Cash Flow Firm Growth
-99.76% 14,747.34% -427.97% 212.69% -48.26% 139.84% 34.91% -172.35% 36.17% 155.74% 110.80%
Invested Capital Growth
12.35% 10.44% 18.29% 7.63% 8.80% 2.12% -1.36% 27.17% 19.12% 4.11% -2.36%
Revenue Q/Q Growth
1.68% -1.15% -0.49% 2.35% 3.32% -0.99% -0.06% 5.60% 3.01% -1.19% -2.17%
EBITDA Q/Q Growth
4.96% 2.53% -4.46% 2.34% 8.20% -0.86% 3.13% 7.79% -0.94% -12.96% -5.18%
EBIT Q/Q Growth
11.51% 2.38% -15.11% 7.58% 15.30% -3.89% 7.47% 11.89% -2.44% -29.26% -17.83%
NOPAT Q/Q Growth
12.43% 3.13% -15.80% 142.62% -33.74% -2.97% 6.95% 6.79% -3.63% -21.82% -23.31%
Net Income Q/Q Growth
11.95% 3.29% -15.79% 142.79% -33.99% -3.51% 7.68% 7.09% -6.42% -25.17% -25.76%
EPS Q/Q Growth
12.40% 3.64% -16.15% 143.48% -33.81% -2.86% 8.44% 7.30% -5.08% -24.46% -24.66%
Operating Cash Flow Q/Q Growth
-8.83% 14.27% 7.23% -14.74% 15.48% -4.73% 1.15% -5.68% 8.86% 0.50% -12.55%
Free Cash Flow Firm Q/Q Growth
-99.49% 60.90% -12.62% 37.19% 460.51% 5.75% -22.70% -20.26% -414.05% 131.84% -28.60%
Invested Capital Q/Q Growth
6.54% 4.99% 3.87% 11.75% -0.22% -1.13% 3.88% 5.40% 10.44% -2.02% -0.90%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
56.52% 59.66% 60.62% 58.41% 57.87% 57.20% 59.83% 58.28% 32.06% 29.84% 56.76%
EBITDA Margin
15.76% 18.79% 16.71% 17.06% 18.47% 19.28% 20.68% 22.56% 18.69% 14.47% 12.03%
Operating Margin
7.48% 9.58% 6.28% 6.79% 9.12% 9.15% 9.59% 11.31% 9.82% 5.37% 2.18%
EBIT Margin
7.48% 9.57% 6.27% 6.78% 9.11% 9.15% 9.58% 12.77% 10.18% 5.35% 2.45%
Profit (Net Income) Margin
4.61% 5.91% 3.94% 9.59% 6.84% 6.78% 7.13% 9.56% 7.46% 3.42% 1.11%
Tax Burden Percent
60.98% 61.50% 62.08% 140.35% 75.11% 75.23% 75.25% 75.57% 75.61% 75.98% 79.02%
Interest Burden Percent
101.03% 100.45% 101.26% 100.74% 100.02% 98.44% 98.86% 99.08% 96.98% 84.13% 57.22%
Effective Tax Rate
39.02% 38.50% 37.92% -40.35% 24.89% 24.77% 24.75% 24.43% 24.39% 24.02% 20.98%
Return on Invested Capital (ROIC)
11.66% 13.22% 7.33% 16.79% 12.94% 12.38% 12.45% 15.06% 12.84% 6.35% 2.46%
ROIC Less NNEP Spread (ROIC-NNEP)
14.65% 14.13% 8.16% 17.72% 12.61% 10.91% 11.52% 25.30% 13.11% 2.64% -0.67%
Return on Net Nonoperating Assets (RNNOA)
0.63% 0.76% 0.87% 1.82% 0.79% 1.67% 2.22% 5.38% 4.42% 1.02% -0.26%
Return on Equity (ROE)
12.28% 13.98% 8.20% 18.62% 13.73% 14.05% 14.66% 20.44% 17.26% 7.37% 2.19%
Cash Return on Invested Capital (CROIC)
0.02% 3.29% -9.43% 9.44% 4.51% 10.28% 13.82% -8.86% -4.61% 2.32% 4.84%
Operating Return on Assets (OROA)
11.30% 13.06% 7.45% 7.97% 11.50% 10.67% 10.57% 14.67% 11.75% 5.62% 2.39%
Return on Assets (ROA)
6.96% 8.07% 4.68% 11.27% 8.64% 7.90% 7.86% 10.99% 8.62% 3.59% 1.08%
Return on Common Equity (ROCE)
12.28% 13.98% 8.20% 18.62% 13.73% 14.05% 14.66% 20.15% 16.81% 7.18% 2.14%
Return on Equity Simple (ROE_SIMPLE)
11.83% 13.22% 7.95% 17.12% 13.29% 15.03% 14.15% 19.70% 17.01% 7.35% 2.31%
Net Operating Profit after Tax (NOPAT)
98 123 78 202 168 170 171 234 244 134 52
NOPAT Margin
4.56% 5.89% 3.90% 9.54% 6.85% 6.89% 7.21% 8.54% 7.43% 4.08% 1.73%
Net Nonoperating Expense Percent (NNEP)
-2.99% -0.91% -0.84% -0.92% 0.33% 1.47% 0.93% -10.24% -0.27% 3.71% 3.13%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - - 11.43% 6.16% 2.48%
Cost of Revenue to Revenue
43.48% 40.34% 39.38% 41.59% 42.13% 42.80% 40.17% 41.72% 67.94% 70.16% 43.24%
SG&A Expenses to Revenue
0.23% -0.05% 0.64% 0.86% -0.31% 0.09% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
49.04% 50.09% 54.34% 51.62% 48.74% 48.05% 50.24% 46.97% 22.24% 24.46% 54.58%
Earnings before Interest and Taxes (EBIT)
160 200 126 143 224 225 227 349 335 176 74
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
337 393 336 361 454 475 491 617 615 475 365
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.16 1.46 1.60 1.95 1.39 2.15 2.17 2.32 1.71 1.73 1.52
Price to Tangible Book Value (P/TBV)
2.16 1.46 1.60 1.95 1.39 2.15 2.17 2.57 2.01 2.01 1.77
Price to Revenue (P/Rev)
0.84 0.65 0.79 1.09 0.71 0.97 1.09 1.13 0.75 0.81 0.73
Price to Earnings (P/E)
18.28 11.04 20.13 11.40 10.45 14.28 15.34 11.90 10.25 23.53 64.60
Dividend Yield
0.80% 1.16% 1.09% 0.84% 1.38% 11.93% 0.96% 1.00% 1.30% 1.32% 1.57%
Earnings Yield
5.47% 9.05% 4.97% 8.77% 9.57% 7.00% 6.52% 8.40% 9.75% 4.25% 1.55%
Enterprise Value to Invested Capital (EV/IC)
2.09 1.44 1.52 1.91 1.36 1.92 2.02 2.01 1.50 1.52 1.36
Enterprise Value to Revenue (EV/Rev)
0.87 0.67 0.87 1.12 0.75 1.08 1.17 1.28 0.94 1.00 0.94
Enterprise Value to EBITDA (EV/EBITDA)
5.51 3.58 5.23 6.57 4.07 5.59 5.64 5.66 5.04 6.88 7.84
Enterprise Value to EBIT (EV/EBIT)
11.59 7.04 13.95 16.55 8.26 11.79 12.17 10.00 9.25 18.62 38.51
Enterprise Value to NOPAT (EV/NOPAT)
19.01 11.43 22.44 11.76 10.98 15.67 16.16 14.95 12.68 24.40 54.69
Enterprise Value to Operating Cash Flow (EV/OCF)
8.98 3.81 5.67 8.40 4.42 6.23 6.20 10.49 6.91 6.89 8.67
Enterprise Value to Free Cash Flow (EV/FCFF)
8,971.44 45.89 0.00 20.91 31.47 18.86 14.55 0.00 0.00 66.85 27.72
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.09 0.08 0.18 0.06 0.10 0.27 0.17 0.31 0.47 0.41 0.44
Long-Term Debt to Equity
0.09 0.08 0.16 0.06 0.04 0.20 0.15 0.31 0.46 0.41 0.42
Financial Leverage
0.04 0.05 0.11 0.10 0.06 0.15 0.19 0.21 0.34 0.38 0.39
Leverage Ratio
1.76 1.73 1.75 1.65 1.59 1.78 1.86 1.86 2.00 2.05 2.03
Compound Leverage Factor
1.78 1.74 1.77 1.66 1.59 1.75 1.84 1.84 1.94 1.73 1.16
Debt to Total Capital
8.25% 7.42% 15.32% 5.95% 8.99% 21.26% 14.34% 23.87% 31.88% 29.28% 30.32%
Short-Term Debt to Total Capital
0.00% 0.00% 1.70% 0.00% 5.40% 5.32% 1.79% 0.28% 0.29% 0.11% 0.93%
Long-Term Debt to Total Capital
8.25% 7.42% 13.62% 5.95% 3.60% 15.95% 12.54% 23.59% 31.59% 29.17% 29.39%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.01% 1.78% 1.74% 1.77%
Common Equity to Total Capital
91.75% 92.58% 84.68% 94.05% 91.01% 78.74% 85.66% 74.12% 66.34% 68.98% 67.91%
Debt to EBITDA
0.45 0.19 0.54 0.21 0.28 0.63 0.41 0.69 1.13 1.37 1.78
Net Debt to EBITDA
0.16 0.11 0.49 0.17 0.20 0.58 0.35 0.61 0.95 1.24 1.67
Long-Term Debt to EBITDA
0.22 0.19 0.48 0.21 0.11 0.47 0.36 0.68 1.12 1.36 1.73
Debt to NOPAT
0.77 0.61 2.30 0.37 0.74 1.77 1.17 1.83 2.84 4.84 12.44
Net Debt to NOPAT
0.54 0.35 2.08 0.30 0.54 1.61 1.00 1.60 2.40 4.38 11.66
Long-Term Debt to NOPAT
0.77 0.61 2.04 0.37 0.30 1.33 1.02 1.81 2.81 4.82 12.05
Altman Z-Score
4.54 4.05 3.50 4.75 3.86 3.81 4.10 4.05 3.36 3.20 2.89
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.41% 2.62% 2.54% 2.50%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.29 2.07 1.74 1.72 1.47 1.51 1.67 2.35 2.46 1.92 1.52
Quick Ratio
1.66 1.63 1.37 1.48 1.28 1.30 1.44 2.01 2.12 1.61 1.29
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.21 31 -101 114 59 141 190 -137 -88 49 103
Operating Cash Flow to CapEx
97.30% 105.38% 72.08% 142.24% 119.83% 150.29% 167.48% 172.40% 141.29% 116.07% 140.38%
Free Cash Flow to Firm to Interest Expense
0.23 15.56 -39.09 50.61 21.79 20.55 45.08 -31.08 -7.42 1.46 2.63
Operating Cash Flow to Interest Expense
234.47 187.64 120.16 126.09 155.16 62.25 105.79 75.25 37.94 14.15 8.41
Operating Cash Flow Less CapEx to Interest Expense
-6.50 9.58 -46.54 37.44 25.67 20.83 42.63 31.60 11.09 1.96 2.42
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.51 1.37 1.19 1.18 1.26 1.17 1.10 1.15 1.15 1.05 0.98
Accounts Receivable Turnover
8.08 7.54 7.38 6.97 7.07 6.66 6.41 6.44 6.37 6.44 6.82
Inventory Turnover
55.42 49.33 54.22 71.97 95.21 109.25 89.46 98.34 174.18 141.32 81.23
Fixed Asset Turnover
2.15 1.93 1.60 1.56 1.73 1.63 1.55 1.73 1.91 1.73 1.55
Accounts Payable Turnover
14.14 12.47 11.53 12.54 12.07 10.96 10.71 12.87 20.46 17.69 10.55
Days Sales Outstanding (DSO)
45.17 48.41 49.49 52.35 51.61 54.78 56.90 56.70 57.34 56.64 53.50
Days Inventory Outstanding (DIO)
6.59 7.40 6.73 5.07 3.83 3.34 4.08 3.71 2.10 2.58 4.49
Days Payable Outstanding (DPO)
25.80 29.28 31.66 29.11 30.24 33.30 34.07 28.35 17.84 20.63 34.60
Cash Conversion Cycle (CCC)
25.95 26.53 24.56 28.31 25.21 24.82 26.92 32.06 41.60 38.59 23.39
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
886 979 1,158 1,246 1,356 1,385 1,366 1,737 2,069 2,154 2,103
Invested Capital Turnover
2.55 2.25 1.88 1.76 1.89 1.80 1.73 1.76 1.73 1.56 1.42
Increase / (Decrease) in Invested Capital
97 93 179 88 110 29 -19 371 332 85 -51
Enterprise Value (EV)
1,856 1,410 1,756 2,374 1,848 2,657 2,765 3,492 3,099 3,270 2,859
Market Capitalization
1,804 1,366 1,593 2,313 1,757 2,384 2,594 3,082 2,474 2,645 2,211
Book Value per Share
$11.60 $13.01 $13.80 $16.38 $17.76 $16.05 $17.29 $19.85 $22.84 $24.11 $23.56
Tangible Book Value per Share
$11.60 $13.01 $13.80 $16.38 $17.76 $16.05 $17.29 $17.91 $19.45 $20.71 $20.23
Total Capital
909 1,011 1,175 1,260 1,390 1,411 1,395 1,791 2,176 2,216 2,144
Total Debt
75 75 180 75 125 300 200 428 694 649 650
Total Long-Term Debt
75 75 160 75 50 225 175 423 688 646 630
Net Debt
52 43 163 61 91 274 171 373 587 587 609
Capital Expenditures (CapEx)
212 351 430 199 349 284 266 193 318 409 235
Debt-free, Cash-free Net Working Capital (DFCFNWC)
217 164 161 154 187 206 179 313 352 245 165
Debt-free Net Working Capital (DFNWC)
240 196 178 168 221 232 208 368 459 307 206
Net Working Capital (NWC)
240 196 158 168 146 157 183 363 453 304 186
Net Nonoperating Expense (NNE)
-1.03 -0.43 -0.86 -1.03 0.25 2.68 2.06 -28 -1.29 22 19
Net Nonoperating Obligations (NNO)
52 43 163 61 91 274 171 373 587 587 609
Total Depreciation and Amortization (D&A)
177 193 210 218 230 250 263 268 280 300 290
Debt-free, Cash-free Net Working Capital to Revenue
10.15% 7.83% 8.03% 7.30% 7.62% 8.36% 7.53% 11.46% 10.70% 7.46% 5.45%
Debt-free Net Working Capital to Revenue
11.21% 9.35% 8.87% 7.94% 9.00% 9.44% 8.76% 13.44% 13.96% 9.34% 6.80%
Net Working Capital to Revenue
11.21% 9.35% 7.88% 7.94% 5.95% 6.39% 7.71% 13.26% 13.77% 9.26% 6.14%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.37 $1.72 $1.10 $2.81 $2.35 $2.40 $2.45 $3.84 $3.76 $1.77 $0.55
Adjusted Weighted Average Basic Shares Outstanding
72.12M 71.96M 72.06M 72.27M 71.69M 69.57M 69.02M 67.43M 64.13M 63.37M 62.45M
Adjusted Diluted Earnings per Share
$1.36 $1.71 $1.09 $2.80 $2.33 $2.38 $2.44 $3.82 $3.74 $1.76 $0.55
Adjusted Weighted Average Diluted Shares Outstanding
72.74M 72.56M 72.39M 72.56M 72.06M 70.03M 69.43M 67.86M 64.58M 63.72M 62.66M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
72.09M 72.04M 72.19M 72.45M 70.49M 69.35M 68.01M 65.80M 63.25M 63.47M 61.87M
Normalized Net Operating Profit after Tax (NOPAT)
98 123 78 101 168 170 171 234 244 134 52
Normalized NOPAT Margin
4.56% 5.89% 3.90% 4.76% 6.85% 6.89% 7.21% 8.54% 7.43% 4.08% 1.73%
Pre Tax Income Margin
7.56% 9.61% 6.34% 6.83% 9.11% 9.01% 9.47% 12.65% 9.87% 4.50% 1.40%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
181.74 101.45 48.85 63.97 83.06 32.89 53.92 78.96 28.31 5.24 1.89
NOPAT to Interest Expense
110.81 62.45 30.37 89.99 62.49 24.75 40.60 52.82 20.65 4.00 1.33
EBIT Less CapEx to Interest Expense
-59.22 -76.61 -117.86 -24.68 -46.43 -8.53 -9.24 35.31 1.46 -6.95 -4.10
NOPAT Less CapEx to Interest Expense
-130.16 -115.60 -136.34 1.34 -67.00 -16.67 -22.56 9.17 -6.20 -8.19 -4.66
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
14.64% 12.22% 21.85% 9.26% 13.69% 171.43% 14.72% 11.14% 13.74% 30.46% 104.46%
Augmented Payout Ratio
45.64% 17.42% 21.85% 9.26% 56.60% 196.77% 48.15% 51.08% 58.69% 30.46% 304.24%

Quarterly Metrics and Ratios for Werner Enterprises

This table displays calculated financial ratios and metrics derived from Werner Enterprises' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
17.74% 12.58% 8.91% -3.01% -1.19% -4.59% -7.64% -6.20% -8.81% -8.18%
EBITDA Growth
4.87% -3.06% -9.35% -14.78% -23.54% -38.46% -29.53% -24.44% -20.54% -17.61%
EBIT Growth
7.05% -7.06% -27.51% -36.91% -50.74% -65.95% -70.57% -58.51% -53.32% -42.94%
NOPAT Growth
7.35% -12.20% -36.27% -37.60% -49.45% -56.18% -74.13% -57.90% -53.83% -57.57%
Net Income Growth
-14.08% -21.65% -35.43% -59.22% -57.97% -61.92% -82.42% -69.35% -72.17% -50.15%
EPS Growth
-8.51% -17.54% -32.93% -58.04% -56.98% -60.64% -81.82% -68.09% -70.27% -48.65%
Operating Cash Flow Growth
2.05% 45.95% 7.67% 2.11% 13.87% 2.03% -46.91% -5.11% -17.76% -39.98%
Free Cash Flow Firm Growth
39.91% 10.09% -18.86% -3.03% -76.31% 78.92% 96.57% 116.03% 130.32% 213.01%
Invested Capital Growth
13.69% 19.12% 23.36% 20.12% 17.35% 4.11% 1.09% -1.72% -3.47% -2.36%
Revenue Q/Q Growth
-1.04% 4.09% -3.34% -2.60% 0.82% 0.51% -6.43% -1.08% -1.98% 1.20%
EBITDA Q/Q Growth
2.39% 25.42% -30.60% -4.39% -8.13% 0.94% -20.53% 2.53% -3.39% 4.66%
EBIT Q/Q Growth
2.01% 44.38% -51.54% -11.59% -20.36% -0.19% -58.11% 24.63% -10.40% 21.99%
NOPAT Q/Q Growth
1.93% 15.39% -39.29% -12.60% -17.43% 0.03% -64.17% 42.25% -9.44% -8.07%
Net Income Q/Q Growth
-24.02% 9.09% -41.76% -15.52% -21.71% -1.16% -73.11% 47.25% -28.91% 77.09%
EPS Q/Q Growth
-23.21% 9.30% -41.49% -14.55% -21.28% 0.00% -72.97% 50.00% -26.67% 72.73%
Operating Cash Flow Q/Q Growth
-42.09% 77.94% 43.84% -31.11% -35.42% 59.44% -25.15% 23.13% -44.03% 16.37%
Free Cash Flow Firm Q/Q Growth
46.19% -58.15% -32.52% 8.64% 7.92% 81.09% 78.46% 527.67% 74.12% -29.53%
Invested Capital Q/Q Growth
5.66% 10.44% 0.11% 2.83% 3.23% -2.02% -2.80% -0.03% 1.39% -0.90%
Profitability Metrics
- - - - - - - - - -
Gross Margin
54.52% -33.42% 56.80% 57.57% 56.17% -51.05% 55.40% 56.39% 56.66% 58.62%
EBITDA Margin
17.73% 21.36% 15.33% 15.05% 13.72% 13.77% 11.70% 12.13% 11.95% 12.36%
Operating Margin
9.21% 10.26% 6.41% 5.82% 4.63% 4.61% 2.03% 2.58% 2.36% 1.77%
EBIT Margin
9.22% 12.79% 6.41% 5.82% 4.60% 4.56% 2.04% 2.57% 2.35% 2.84%
Profit (Net Income) Margin
6.76% 7.08% 4.27% 3.70% 2.87% 2.83% 0.81% 1.21% 0.88% 1.53%
Tax Burden Percent
75.66% 75.33% 75.71% 74.85% 76.97% 76.92% 67.07% 75.84% 76.54% 92.72%
Interest Burden Percent
96.87% 73.52% 87.93% 84.99% 81.26% 80.52% 59.29% 61.95% 48.70% 58.37%
Effective Tax Rate
24.34% 24.67% 24.29% 25.15% 23.03% 23.08% 32.93% 24.16% 23.46% 7.28%
Return on Invested Capital (ROIC)
12.65% 13.36% 8.69% 7.44% 5.82% 5.52% 2.10% 2.93% 2.59% 2.34%
ROIC Less NNEP Spread (ROIC-NNEP)
12.18% 12.20% 7.56% 6.36% 4.79% 4.51% 1.34% 1.98% 1.51% 2.20%
Return on Net Nonoperating Assets (RNNOA)
3.31% 4.12% 2.26% 2.14% 1.76% 1.73% 0.48% 0.78% 0.64% 0.86%
Return on Equity (ROE)
15.96% 17.48% 10.95% 9.58% 7.58% 7.26% 2.58% 3.72% 3.23% 3.20%
Cash Return on Invested Capital (CROIC)
1.59% -4.61% -9.11% -8.03% -7.55% 2.32% 3.93% 5.72% 6.69% 4.84%
Operating Return on Assets (OROA)
11.03% 14.76% 7.47% 6.51% 5.05% 4.79% 2.12% 2.63% 2.31% 2.77%
Return on Assets (ROA)
8.09% 8.17% 4.97% 4.14% 3.16% 2.97% 0.84% 1.24% 0.86% 1.50%
Return on Common Equity (ROCE)
15.52% 17.02% 10.66% 9.33% 7.39% 7.07% 2.52% 3.62% 3.14% 3.12%
Return on Equity Simple (ROE_SIMPLE)
18.93% 0.00% 15.37% 12.19% 9.92% 0.00% 5.47% 4.27% 3.12% 0.00%
Net Operating Profit after Tax (NOPAT)
58 67 40 35 29 29 10 15 13 12
NOPAT Margin
6.97% 7.73% 4.85% 4.36% 3.57% 3.55% 1.36% 1.95% 1.81% 1.64%
Net Nonoperating Expense Percent (NNEP)
0.47% 1.16% 1.13% 1.08% 1.03% 1.01% 0.77% 0.95% 1.08% 0.13%
Return On Investment Capital (ROIC_SIMPLE)
- 3.12% - - - 1.34% - - - 0.59%
Cost of Revenue to Revenue
45.48% 133.42% 43.20% 42.43% 43.83% 151.05% 44.60% 43.61% 43.34% 41.38%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
45.30% -43.68% 50.39% 51.76% 51.53% -55.67% 53.37% 53.82% 54.30% 56.85%
Earnings before Interest and Taxes (EBIT)
76 110 53 47 38 38 16 20 18 21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
147 184 128 122 112 113 90 92 89 93
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.68 1.71 1.92 1.84 1.61 1.73 1.62 1.56 1.64 1.52
Price to Tangible Book Value (P/TBV)
1.85 2.01 2.26 2.16 1.88 2.01 1.89 1.82 1.92 1.77
Price to Revenue (P/Rev)
0.73 0.75 0.84 0.83 0.73 0.81 0.76 0.71 0.77 0.73
Price to Earnings (P/E)
9.03 10.25 12.66 15.30 16.33 23.53 29.48 35.89 51.75 64.60
Dividend Yield
1.36% 1.30% 1.14% 1.22% 1.41% 1.32% 1.42% 1.57% 1.46% 1.57%
Earnings Yield
11.07% 9.75% 7.90% 6.53% 6.12% 4.25% 3.39% 2.79% 1.93% 1.55%
Enterprise Value to Invested Capital (EV/IC)
1.50 1.50 1.65 1.59 1.42 1.52 1.45 1.39 1.44 1.36
Enterprise Value to Revenue (EV/Rev)
0.88 0.94 1.02 1.02 0.94 1.00 0.94 0.92 0.98 0.94
Enterprise Value to EBITDA (EV/EBITDA)
4.54 5.04 5.68 5.84 5.71 6.88 6.94 7.12 7.93 7.84
Enterprise Value to EBIT (EV/EBIT)
8.20 9.25 10.87 11.82 12.56 18.62 22.01 26.28 33.75 38.51
Enterprise Value to NOPAT (EV/NOPAT)
11.11 12.68 15.45 16.96 18.19 24.40 29.07 34.53 44.74 54.69
Enterprise Value to Operating Cash Flow (EV/OCF)
6.83 6.91 7.42 7.33 6.61 6.89 7.67 7.43 8.09 8.67
Enterprise Value to Free Cash Flow (EV/FCFF)
100.75 0.00 0.00 0.00 0.00 66.85 37.06 24.04 21.12 27.72
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.40 0.47 0.46 0.42 0.44 0.41 0.38 0.45 0.46 0.44
Long-Term Debt to Equity
0.40 0.46 0.45 0.41 0.44 0.41 0.38 0.44 0.46 0.42
Financial Leverage
0.27 0.34 0.30 0.34 0.37 0.38 0.36 0.39 0.42 0.39
Leverage Ratio
1.93 2.00 2.00 2.04 2.03 2.05 2.02 2.05 2.08 2.03
Compound Leverage Factor
1.87 1.47 1.76 1.73 1.65 1.65 1.20 1.27 1.01 1.18
Debt to Total Capital
28.70% 31.88% 31.41% 29.41% 30.79% 29.28% 27.74% 30.97% 31.70% 30.32%
Short-Term Debt to Total Capital
0.25% 0.29% 0.23% 0.17% 0.17% 0.11% 0.06% 0.46% 0.00% 0.93%
Long-Term Debt to Total Capital
28.45% 31.59% 31.18% 29.24% 30.62% 29.17% 27.68% 30.51% 31.70% 29.39%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
1.93% 1.78% 1.77% 1.80% 1.74% 1.74% 1.79% 1.77% 1.76% 1.77%
Common Equity to Total Capital
69.36% 66.34% 66.82% 68.79% 67.47% 68.98% 70.47% 67.26% 66.54% 67.91%
Debt to EBITDA
0.92 1.13 1.15 1.10 1.26 1.37 1.37 1.64 1.79 1.78
Net Debt to EBITDA
0.72 0.95 0.93 1.02 1.19 1.24 1.23 1.47 1.65 1.67
Long-Term Debt to EBITDA
0.92 1.12 1.14 1.10 1.26 1.36 1.36 1.62 1.79 1.73
Debt to NOPAT
2.26 2.84 3.12 3.20 4.02 4.84 5.72 7.98 10.12 12.44
Net Debt to NOPAT
1.77 2.40 2.54 2.97 3.78 4.38 5.14 7.14 9.32 11.66
Long-Term Debt to NOPAT
2.24 2.81 3.10 3.18 4.00 4.82 5.71 7.86 10.12 12.05
Altman Z-Score
3.25 3.12 3.20 3.16 2.94 3.06 3.03 2.87 2.83 2.84
Noncontrolling Interest Sharing Ratio
2.72% 2.62% 2.64% 2.66% 2.61% 2.54% 2.53% 2.56% 2.54% 2.50%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
2.41 2.46 2.34 1.93 1.96 1.92 1.90 1.69 1.53 1.52
Quick Ratio
2.13 2.12 2.04 1.64 1.57 1.61 1.60 1.48 1.30 1.29
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-168 -265 -352 -321 -296 -56 -12 52 90 63
Operating Cash Flow to CapEx
64.77% 182.65% 162.39% 75.90% 61.87% 342.67% 465.38% 109.99% 69.44% 246.80%
Free Cash Flow to Firm to Interest Expense
-60.42 -45.58 -44.44 -39.49 -34.17 -6.34 -1.52 5.70 8.09 5.68
Operating Cash Flow to Interest Expense
23.47 19.92 21.08 14.12 8.57 13.42 11.15 12.06 5.50 6.38
Operating Cash Flow Less CapEx to Interest Expense
-12.76 9.01 8.10 -4.49 -5.28 9.50 8.75 1.10 -2.42 3.80
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.20 1.15 1.16 1.12 1.10 1.05 1.04 1.02 0.98 0.98
Accounts Receivable Turnover
6.58 6.37 6.95 5.96 6.69 6.44 6.90 6.97 7.00 6.82
Inventory Turnover
113.95 174.18 110.04 101.58 95.30 141.32 87.28 85.94 82.79 81.23
Fixed Asset Turnover
1.92 1.91 1.94 1.84 1.79 1.73 1.70 1.62 1.55 1.55
Accounts Payable Turnover
13.48 20.46 12.26 11.81 11.71 17.69 10.56 10.60 9.22 10.55
Days Sales Outstanding (DSO)
55.46 57.34 52.49 61.23 54.58 56.64 52.88 52.34 52.17 53.50
Days Inventory Outstanding (DIO)
3.20 2.10 3.32 3.59 3.83 2.58 4.18 4.25 4.41 4.49
Days Payable Outstanding (DPO)
27.08 17.84 29.77 30.90 31.16 20.63 34.55 34.42 39.57 34.60
Cash Conversion Cycle (CCC)
31.58 41.60 26.04 33.92 27.25 38.59 22.51 22.16 17.01 23.39
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
1,873 2,069 2,071 2,130 2,198 2,154 2,094 2,093 2,122 2,103
Invested Capital Turnover
1.81 1.73 1.79 1.71 1.63 1.56 1.55 1.50 1.43 1.42
Increase / (Decrease) in Invested Capital
226 332 392 357 325 85 23 -37 -76 -51
Enterprise Value (EV)
2,815 3,099 3,419 3,392 3,119 3,270 3,037 2,901 3,050 2,859
Market Capitalization
2,329 2,474 2,819 2,759 2,433 2,645 2,461 2,263 2,376 2,211
Book Value per Share
$21.86 $22.84 $23.25 $23.62 $23.86 $24.11 $23.92 $22.95 $23.44 $23.56
Tangible Book Value per Share
$19.88 $19.45 $19.72 $20.14 $20.42 $20.71 $20.56 $19.63 $20.07 $20.23
Total Capital
1,999 2,176 2,201 2,176 2,241 2,216 2,154 2,164 2,177 2,144
Total Debt
574 694 691 640 690 649 598 670 690 650
Total Long-Term Debt
569 688 686 636 686 646 596 660 690 630
Net Debt
448 587 562 593 647 587 537 600 635 609
Capital Expenditures (CapEx)
101 64 103 151 120 35 19 99 88 29
Debt-free, Cash-free Net Working Capital (DFCFNWC)
307 352 282 251 276 245 224 175 135 165
Debt-free Net Working Capital (DFNWC)
433 459 411 298 319 307 285 245 189 206
Net Working Capital (NWC)
428 453 406 294 315 304 283 235 189 186
Net Nonoperating Expense (NNE)
1.78 5.57 4.88 5.31 5.67 5.95 4.21 5.67 6.93 0.80
Net Nonoperating Obligations (NNO)
448 587 562 593 647 587 537 600 635 609
Total Depreciation and Amortization (D&A)
70 74 74 75 75 76 74 73 72 72
Debt-free, Cash-free Net Working Capital to Revenue
9.62% 10.70% 8.39% 7.54% 8.31% 7.46% 6.96% 5.51% 4.35% 5.45%
Debt-free Net Working Capital to Revenue
13.55% 13.96% 12.25% 8.94% 9.60% 9.34% 8.84% 7.74% 6.11% 6.80%
Net Working Capital to Revenue
13.40% 13.77% 12.10% 8.83% 9.48% 9.26% 8.80% 7.42% 6.11% 6.14%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.87 $0.95 $0.56 $0.47 $0.37 $0.37 $0.10 $0.15 $0.11 $0.19
Adjusted Weighted Average Basic Shares Outstanding
63.39M 64.13M 63.31M 63.38M 63.39M 63.37M 63.47M 62.71M 61.81M 62.45M
Adjusted Diluted Earnings per Share
$0.86 $0.94 $0.55 $0.47 $0.37 $0.37 $0.10 $0.15 $0.11 $0.19
Adjusted Weighted Average Diluted Shares Outstanding
63.78M 64.58M 63.70M 63.69M 63.74M 63.72M 63.73M 62.86M 62.02M 62.66M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
63.20M 63.25M 63.38M 63.39M 63.39M 63.47M 63.41M 61.81M 61.81M 61.87M
Normalized Net Operating Profit after Tax (NOPAT)
58 67 40 35 29 29 10 15 13 12
Normalized NOPAT Margin
6.97% 7.73% 4.85% 4.36% 3.57% 3.55% 1.36% 1.95% 1.81% 1.64%
Pre Tax Income Margin
8.93% 9.40% 5.64% 4.94% 3.73% 3.67% 1.21% 1.59% 1.15% 1.66%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
27.47 18.91 6.74 5.80 4.34 4.25 1.98 2.17 1.58 1.92
NOPAT to Interest Expense
20.77 11.43 5.11 4.34 3.37 3.31 1.32 1.64 1.21 1.11
EBIT Less CapEx to Interest Expense
-8.77 8.01 -6.24 -12.81 -9.51 0.34 -0.42 -8.80 -6.34 -0.66
NOPAT Less CapEx to Interest Expense
-15.46 0.53 -7.87 -14.27 -10.48 -0.61 -1.08 -9.32 -6.71 -1.47
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
12.20% 13.74% 15.07% 18.90% 23.40% 30.46% 42.01% 57.10% 78.04% 104.46%
Augmented Payout Ratio
73.77% 58.69% 47.89% 23.44% 23.40% 30.46% 49.90% 164.99% 226.39% 304.24%

Frequently Asked Questions About Werner Enterprises' Financials

When does Werner Enterprises's fiscal year end?

According to the most recent income statement we have on file, Werner Enterprises' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Werner Enterprises' net income changed over the last 10 years?

Werner Enterprises' net income were at $33.57 million at the end of 2024, a 70.1% decrease from 2023, and a 66.0% decrease since 2014.

What is Werner Enterprises's operating income?
Werner Enterprises's total operating income in 2024 was $66.15 million, based on the following breakdown:
  • Total Gross Profit: $1.72 billion
  • Total Operating Expenses: $1.65 billion
How has Werner Enterprises revenue changed over the last 10 years?

Over the last 10 years, Werner Enterprises' total revenue changed from $2.14 billion in 2014 to $3.03 billion in 2024, a change of 41.6%.

How much debt does Werner Enterprises have?

Werner Enterprises' total liabilities were at $1.56 billion at the end of 2024, a 2.1% decrease from 2023, and a 141.0% increase since 2014.

How much cash does Werner Enterprises have?

In the past 10 years, Werner Enterprises' cash and equivalents has ranged from $13.63 million in 2017 to $107.24 million in 2022, and is currently $40.75 million as of their latest financial filing in 2024.

How has Werner Enterprises' book value per share changed over the last 10 years?

Over the last 10 years, Werner Enterprises' book value per share changed from 11.60 in 2014 to 23.56 in 2024, a change of 103.0%.



This page (NASDAQ:WERN) was last updated on 4/26/2025 by MarketBeat.com Staff
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