Werner Entprise Financials
This page shows Werner Entprise (WERN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Werner Entprise has an operating margin of 2.2%, meaning the company retains $2 of operating profit per $100 of revenue. This below-average margin results in a low score of 11/100, suggesting thin profitability after operating expenses. This is down from 5.4% the prior year.
Werner Entprise's revenue declined 7.7% year-over-year, from $3.3B to $3.0B. This contraction results in a growth score of 7/100.
Werner Entprise carries a low D/E ratio of 0.43, meaning only $0.43 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.
Werner Entprise's current ratio of 1.52 indicates adequate short-term liquidity, earning a score of 41/100. The company can meet its near-term obligations, though with limited headroom.
While Werner Entprise generated $329.7M in operating cash flow, capex of $413.8M consumed most of it, leaving -$84.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Werner Entprise generates a 2.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 9/100. This is down from 7.3% the prior year.
Werner Entprise scores 2.83, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Werner Entprise passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Werner Entprise generates $9.63 in operating cash flow ($329.7M OCF vs $34.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Werner Entprise earns $1.7 in operating income for every $1 of interest expense ($66.1M vs $39.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Werner Entprise generated $3.0B in revenue in fiscal year 2024. This represents a decrease of 7.7% from the prior year.
Werner Entprise's EBITDA was $356.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 25.1% from the prior year.
Werner Entprise generated -$84.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 32.4% from the prior year.
Werner Entprise reported $34.2M in net income in fiscal year 2024. This represents a decrease of 69.5% from the prior year.
Werner Entprise earned $0.55 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 68.8% from the prior year.
Werner Entprise held $40.8M in cash against $630.0M in long-term debt as of fiscal year 2024.
Werner Entprise paid $0.56 per share in dividends in fiscal year 2024. This represents an increase of 1.8% from the prior year.
Werner Entprise had 62M shares outstanding in fiscal year 2024. This represents a decrease of 2.5% from the prior year.
Werner Entprise's operating margin was 2.2% in fiscal year 2024, reflecting core business profitability. This is down 3.2 percentage points from the prior year.
Werner Entprise's net profit margin was 1.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 2.3 percentage points from the prior year.
Werner Entprise's ROE was 2.4% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 5.0 percentage points from the prior year.
Werner Entprise spent $67.1M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
Werner Entprise invested $413.8M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 30.9% from the prior year.
WERN Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $771.5M+2.4% | $753.1M+5.8% | $712.1M-13.4% | $821.9M+0.5% | $817.7M+0.8% | $811.1M-2.6% | $832.7M-3.3% | $861.5M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$13.0M-119.6% | $66.3M+1237.2% | -$5.8M-115.4% | $37.9M+0.1% | $37.9M-19.7% | $47.2M-11.6% | $53.4M-39.6% | $88.4M |
| Interest Expense | $9.9M+6.2% | $9.4M-1.9% | $9.5M+8.1% | $8.8M+1.8% | $8.7M+6.4% | $8.1M+2.8% | $7.9M+35.9% | $5.8M |
| Income Tax | -$822K-105.3% | $15.5M+588.4% | -$3.2M-145.4% | $7.0M-0.9% | $7.0M-30.3% | $10.1M-11.5% | $11.4M-42.9% | $20.0M |
| Net Income | -$20.6M-146.7% | $44.1M+536.3% | -$10.1M-142.8% | $23.6M-0.6% | $23.7M-20.7% | $29.9M-15.2% | $35.2M-41.5% | $60.2M |
| EPS (Diluted) | $-0.34-147.2% | $0.72+550.0% | $-0.16-143.2% | $0.370.0% | $0.37-21.3% | $0.47-14.5% | $0.55-41.5% | $0.94 |
WERN Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.0B+0.8% | $2.9B-1.3% | $3.0B-5.4% | $3.2B-1.1% | $3.2B+2.9% | $3.1B-0.4% | $3.1B+0.6% | $3.1B |
| Current Assets | $604.8M+8.1% | $559.5M+3.9% | $538.7M-15.1% | $634.6M-1.6% | $644.8M+5.8% | $609.3M-14.2% | $709.8M-6.9% | $762.6M |
| Cash & Equivalents | $51.0M-0.8% | $51.4M-1.0% | $52.0M-15.8% | $61.7M+44.4% | $42.8M-8.1% | $46.5M-64.1% | $129.6M+20.8% | $107.2M |
| Inventory | $11.5M-12.7% | $13.2M+1.9% | $13.0M-28.2% | $18.1M+4.8% | $17.3M+7.6% | $16.0M+7.4% | $14.9M+2.7% | $14.5M |
| Accounts Receivable | $437.5M+4.0% | $420.5M+8.6% | $387.1M-13.0% | $444.9M-1.1% | $449.8M+2.8% | $437.6M-5.1% | $461.0M-11.1% | $518.8M |
| Goodwill | $129.1M0.0% | $129.1M0.0% | $129.1M0.0% | $129.1M0.0% | $129.1M0.0% | $129.1M0.0% | $129.1M-2.7% | $132.7M |
| Total Liabilities | $1.5B+3.4% | $1.5B-1.6% | $1.5B-4.9% | $1.6B-3.2% | $1.6B+4.7% | $1.6B-2.4% | $1.6B-0.5% | $1.6B |
| Current Liabilities | $373.7M+11.8% | $334.3M+3.3% | $323.6M-2.1% | $330.6M+0.3% | $329.7M+4.6% | $315.1M+3.9% | $303.3M-2.0% | $309.5M |
| Long-Term Debt | $725.0M0.0% | $725.0M+13.3% | $640.0M-1.0% | $646.3M-5.8% | $686.3M+7.9% | $636.3M-7.3% | $686.3M-0.2% | $687.5M |
| Total Equity | $1.4B-1.8% | $1.4B-1.1% | $1.4B-6.0% | $1.5B+1.1% | $1.5B+1.0% | $1.5B+1.8% | $1.5B+1.9% | $1.4B |
| Retained Earnings | $1.9B-1.5% | $2.0B+1.8% | $1.9B-1.0% | $2.0B+0.8% | $1.9B+0.8% | $1.9B+1.1% | $1.9B+1.4% | $1.9B |
WERN Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $44.1M-4.1% | $46.0M+56.7% | $29.4M-75.2% | $118.3M+59.4% | $74.2M-35.4% | $114.9M-31.1% | $166.8M+43.8% | $116.0M |
| Capital Expenditures | $52.7M-40.3% | $88.3M+275.7% | $23.5M-65.8% | $68.7M-59.3% | $168.8M-15.4% | $199.5M+23.4% | $161.8M+27.0% | $127.3M |
| Free Cash Flow | -$8.6M+79.8% | -$42.3M-822.5% | $5.9M-88.2% | $49.6M+152.5% | -$94.5M-11.7% | -$84.6M-1764.5% | $5.1M+144.8% | -$11.4M |
| Investing Cash Flow | -$35.8M+45.9% | -$66.3M-2896.0% | $2.4M+107.2% | -$32.9M+73.0% | -$121.7M+19.4% | -$151.1M-16.9% | -$129.2M+47.4% | -$245.6M |
| Financing Cash Flow | -$9.1M-148.6% | $18.7M+191.0% | -$20.5M+69.4% | -$67.1M-251.7% | $44.2M+192.2% | -$48.0M-195.4% | -$16.2M-114.7% | $110.6M |
| Dividends Paid | $8.4M-3.4% | $8.7M+0.1% | $8.7M-2.4% | $8.9M0.0% | $8.9M+7.7% | $8.2M+0.2% | $8.2M0.0% | $8.2M |
| Share Buybacks | $0-100.0% | $55.6M | $0 | $0 | $0 | $0 | $0 | $0 |
WERN Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -1.7%-10.5pp | 8.8%+9.6pp | -0.8%-5.4pp | 4.6%-0.0pp | 4.6%-1.2pp | 5.8%-0.6pp | 6.4%-3.8pp | 10.3% |
| Net Margin | -2.7%-8.5pp | 5.9%+7.3pp | -1.4%-4.3pp | 2.9%-0.0pp | 2.9%-0.8pp | 3.7%-0.5pp | 4.2%-2.8pp | 7.0% |
| Return on Equity | 0.8%-2.3pp | 3.1%+2.7pp | 0.4%-1.1pp | 1.5%-0.0pp | 1.6%-0.4pp | 2.0%-0.4pp | 2.4%-1.8pp | 4.2% |
| Return on Assets | -0.7%-2.2pp | 1.5%+1.8pp | -0.3%-1.1pp | 0.8%0.0pp | 0.7%-0.2pp | 1.0%-0.2pp | 1.1%-0.8pp | 1.9% |
| Current Ratio | 1.62-0.1 | 1.670.0 | 1.66-0.3 | 1.92-0.0 | 1.96+0.0 | 1.93-0.4 | 2.34-0.1 | 2.46 |
| Debt-to-Equity | 0.520.0 | 0.51+0.1 | 0.45+0.0 | 0.42-0.0 | 0.45+0.0 | 0.42-0.0 | 0.470.0 | 0.48 |
| FCF Margin | -1.1%+4.5pp | -5.6%-6.4pp | 0.8%-5.2pp | 6.0%+17.6pp | -11.6%-1.1pp | -10.4%-11.0pp | 0.6%+1.9pp | -1.3% |
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Frequently Asked Questions
What is Werner Entprise's annual revenue?
Werner Entprise (WERN) reported $3.0B in total revenue for fiscal year 2024. This represents a -7.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Werner Entprise's revenue growing?
Werner Entprise (WERN) revenue declined by 7.7% year-over-year, from $3.3B to $3.0B in fiscal year 2024.
Is Werner Entprise profitable?
Yes, Werner Entprise (WERN) reported a net income of $34.2M in fiscal year 2024, with a net profit margin of 1.1%.
What is Werner Entprise's earnings per share (EPS)?
Werner Entprise (WERN) reported diluted earnings per share of $0.55 for fiscal year 2024. This represents a -68.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Werner Entprise's EBITDA?
Werner Entprise (WERN) had EBITDA of $356.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Werner Entprise have?
As of fiscal year 2024, Werner Entprise (WERN) had $40.8M in cash and equivalents against $630.0M in long-term debt.
What is Werner Entprise's operating margin?
Werner Entprise (WERN) had an operating margin of 2.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Werner Entprise's net profit margin?
Werner Entprise (WERN) had a net profit margin of 1.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Werner Entprise pay dividends?
Yes, Werner Entprise (WERN) paid $0.56 per share in dividends during fiscal year 2024.
What is Werner Entprise's return on equity (ROE)?
Werner Entprise (WERN) has a return on equity of 2.4% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Werner Entprise's free cash flow?
Werner Entprise (WERN) generated -$84.1M in free cash flow during fiscal year 2024. This represents a 32.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Werner Entprise's operating cash flow?
Werner Entprise (WERN) generated $329.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Werner Entprise's total assets?
Werner Entprise (WERN) had $3.1B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Werner Entprise's capital expenditures?
Werner Entprise (WERN) invested $413.8M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Werner Entprise buy back shares?
Yes, Werner Entprise (WERN) spent $67.1M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Werner Entprise have outstanding?
Werner Entprise (WERN) had 62M shares outstanding as of fiscal year 2024.
What is Werner Entprise's current ratio?
Werner Entprise (WERN) had a current ratio of 1.52 as of fiscal year 2024, which is generally considered healthy.
What is Werner Entprise's debt-to-equity ratio?
Werner Entprise (WERN) had a debt-to-equity ratio of 0.43 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Werner Entprise's return on assets (ROA)?
Werner Entprise (WERN) had a return on assets of 1.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Werner Entprise's Altman Z-Score?
Werner Entprise (WERN) has an Altman Z-Score of 2.83, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Werner Entprise's Piotroski F-Score?
Werner Entprise (WERN) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Werner Entprise's earnings high quality?
Werner Entprise (WERN) has an earnings quality ratio of 9.63x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Werner Entprise cover its interest payments?
Werner Entprise (WERN) has an interest coverage ratio of 1.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Werner Entprise?
Werner Entprise (WERN) scores 27 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.