What is Werner Enterprises Inc's earnings per share (EPS)?

Werner Enterprises Inc (WERN) reported diluted earnings per share of -$0.24 for fiscal year 2025. This represents a -143.6% 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.

Werner Enterprises Inc (WERN) Financials

WERN

Trailing 12 months to June 30, 2026

Revenue $3.3B +9.6% YoY

Net Income -$46.3M -188.3% YoY

EPS (Diluted) -$0.76 -188.4% YoY

Free Cash Flow $53.4M +144.6% YoY

Market Cap $2.0B as of Oct 12, 2026

Price / Sales 0.6x on $3.3B revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 1.4x on $1.4B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 7, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WERN SEC filings page.

Werner Enterprises Inc (WERN) reported $3.3B in revenue over the twelve months to Jun 30, 2026, up 9.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI WERN FY2025 2026-10-03

The business is capital-hungry: revenue remained near $3B, while margin compression and reinvestment left cash generation negative.

Revenue declined from $3.29B in FY2022 to $2.97B in FY2025, a modest top-line change. Over the same span, operating margin fell from 9.8% to 0.4%, showing profitability weakened far more than revenue.

In FY2025, operating cash flow was $181.8M even as the company reported a net loss of $14.4M, because noncash charges supported cash generation. Depreciation was $286.4M, yet capital spending reached $250.4M, so accounting cash flow still did not translate into surplus cash.

Capital spending exceeded operating cash flow in both FY2024 and FY2025, leaving free cash flow at -$84.1M and -$68.5M, respectively. Debt-to-equity rose from 0.4x to 0.6x, while the current ratio recovered from 1.5x to 1.9x: short-term coverage improved, but the financing mix became more debt-dependent.

Financial Health Signals

Financial Health Score 34/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Werner Enterprises Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Werner Enterprises Inc has an operating margin of 0.4%, meaning the company retains less than $1 of operating profit per $100 of revenue. This results in a moderate score of 39/100, indicating healthy but not exceptional operating efficiency. This is down from 2.2% the prior year.

Growth

Werner Enterprises Inc's revenue declined 1.8% year-over-year, from $3.0B to $3.0B. This contraction results in a growth score of 17/100.

Leverage

Werner Enterprises Inc has elevated debt relative to equity (D/E of 0.55), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 28/100, reflecting increased financial risk.

Liquidity

Werner Enterprises Inc's current ratio of 1.95 indicates adequate short-term liquidity, earning a score of 58/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Werner Enterprises Inc generated $181.8M in operating cash flow, capex of $250.4M consumed most of it, leaving -$68.5M in free cash flow. This results in a low score of 20/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Werner Enterprises Inc posts a -1.1% return on equity (ROE), meaning it loses $1 for every $100 of shareholders' equity. This results in a returns score of 40/100. This is down from 2.4% the prior year.

Altman Z-Score Grey Zone

2.88

Werner Enterprises Inc scores 2.88, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Werner Enterprises Inc passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

N/A

Werner Enterprises Inc reported a net loss of $14.4M while generating $181.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

0.30x

Werner Enterprises Inc earns $0.30 in operating income for every $1 of interest expense ($11.7M vs $39.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$933.9M

YoY+24.0%

QoQ+15.5%

5Y CAGR+7.5%

10Y CAGR+6.5%

Werner Enterprises Inc generated $933.9M in revenue in Q2 2026. This represents an increase of 24.0% from the same quarter a year earlier. Against the prior quarter it is up 15.5%.

Net Income

$6.3M

YoY-85.6%

QoQ+249.0%

5Y CAGR-38.5%

10Y CAGR-10.0%

Werner Enterprises Inc reported $6.3M in net income in Q2 2026. This represents a decrease of 85.6% from the same quarter a year earlier. Against the prior quarter it is up 249.0%.

EPS (Diluted)

$0.11

YoY-84.7%

QoQ+257.1%

5Y CAGR-36.4%

10Y CAGR-7.9%

Werner Enterprises Inc earned $0.11 per diluted share (EPS) in Q2 2026. This represents a decrease of 84.7% from the same quarter a year earlier. Against the prior quarter it is up 257.1%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$54.8M

YoY+229.5%

QoQ+78.7%

Werner Enterprises Inc generated $54.8M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 229.5% from the same quarter a year earlier. Against the prior quarter it is up 78.7%.

Cash & Debt

$57.0M

YoY+10.9%

QoQ-7.3%

5Y CAGR-21.6%

10Y CAGR+14.1%

Werner Enterprises Inc held $57.0M in cash against $793.0M in long-term debt as of Q2 2026.

Dividends Per Share

$0.14

YoY0.0%

QoQ0.0%

5Y CAGR+3.1%

Werner Enterprises Inc paid $0.14 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

60M

YoY+0.2%

QoQ0.0%

5Y CAGR-2.5%

10Y CAGR-1.8%

Werner Enterprises Inc had 60M shares outstanding in Q2 2026. This represents an increase of 0.2% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Operating Margin

1.8%

YoY-7.0pp

QoQ+1.3pp

5Y change-10.0pp

10Y change-4.1pp

Werner Enterprises Inc's operating margin was 1.8% in Q2 2026, reflecting core business profitability. This is down 7.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.

Net Margin

0.7%

YoY-5.2pp

QoQ+1.2pp

5Y change-10.4pp

10Y change-3.0pp

Werner Enterprises Inc's net profit margin was 0.7% in Q2 2026, showing the share of revenue converted to profit. This is down 5.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.

Return on Equity

0.5%

YoY-2.6pp

QoQ+0.8pp

5Y change-5.1pp

10Y change-1.4pp

Werner Enterprises Inc's ROE was 0.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$29.0M

YoY-67.1%

QoQ-45.0%

5Y CAGR-23.5%

10Y CAGR-17.1%

Werner Enterprises Inc invested $29.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 67.1% from the same quarter a year earlier. Against the prior quarter it is down 45.0%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

WERN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WERN quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$3.3B	$3.0B-1.8%	$3.0B-7.7%	$3.3B-0.2%	$3.3B+20.3%	$2.7B+15.3%	$2.4B-3.7%	$2.5B+0.2%	$2.5B+16.1%	$2.1B+5.4%	$2.0B-4.0%	$2.1B-2.1%	$2.1B+5.4%	$2.0B-0.4%	$2.0B+1.7%	$2.0B
SG&A Expenses	$1.1B	$1.0B-3.3%	$1.0B-3.5%	$1.1B+5.1%	$1.0B+14.0%	$895.0M+12.5%	$795.8M-2.8%	$818.5M+4.8%	$781.1M+14.6%	$681.5M+7.1%	$636.1M-0.6%	$639.9M+9.6%	$584.0M+7.1%	$545.4M+0.2%	$544.3M+1.5%	$536.5M
Operating Income	-$27.9M	$11.7M-82.4%	$66.1M-62.5%	$176.4M-45.4%	$323.1M+4.5%	$309.1M+35.9%	$227.4M+0.9%	$225.5M+0.6%	$224.2M+55.9%	$143.8M+14.1%	$126.1M-37.1%	$200.5M+25.2%	$160.1M+14.6%	$139.7M-18.5%	$171.4M-1.3%	$173.7M
EBITDA	N/A	$298.1M-16.4%	$356.5M-25.1%	$475.9M-21.1%	$603.0M+4.5%	$576.8M+17.5%	$490.7M+3.3%	$475.0M+4.5%	$454.4M+25.7%	$361.5M+7.6%	$335.8M-14.7%	$393.7M+16.8%	$337.1M+7.8%	$312.7M-7.6%	$338.4M+1.8%	$332.3M
Interest Expense	$43.5M	$39.1M-0.4%	$39.2M+16.9%	$33.5M+183.5%	$11.8M+167.4%	$4.4M+4.9%	$4.2M-38.5%	$6.9M+154.3%	$2.7M+20.2%	$2.2M-13.0%	$2.6M+30.5%	$2.0M+124.1%	$881K+94.1%	$454K+57.6%	$288K+238.8%	$85K
Income Tax	-$9.6M	$2.2M-75.2%	$8.9M-74.9%	$35.5M-55.2%	$79.2M-6.3%	$84.5M+52.0%	$55.6M+1.2%	$55.0M-1.4%	$55.7M+195.5%	-$58.3M-220.7%	$48.3M-37.6%	$77.4M+22.7%	$63.1M+14.9%	$54.9M-21.7%	$70.1M-2.8%	$72.1M
Net Income	-$46.3M	-$14.4M-142.1%	$34.2M-69.5%	$112.4M-53.4%	$241.3M-6.9%	$259.1M+53.2%	$169.1M+1.3%	$166.9M-0.7%	$168.1M-17.1%	$202.9M+156.4%	$79.1M-36.0%	$123.7M+25.4%	$98.7M+13.7%	$86.8M-15.8%	$103.0M+0.3%	$102.8M
EPS (Basic)	N/A	-$0.24-143.6%	$0.55-68.9%	$1.77-52.9%	$3.76-2.1%	$3.84+56.7%	$2.45+2.1%	$2.40+2.1%	$2.35-16.4%	$2.81+155.5%	$1.10-36.0%	$1.72+25.5%	$1.37+15.1%	$1.19-15.6%	$1.410.0%	$1.41
EPS (Diluted)	-$0.76	-$0.24-143.6%	$0.55-68.8%	$1.76-52.9%	$3.74-2.1%	$3.82+56.6%	$2.44+2.5%	$2.38+2.1%	$2.33-16.8%	$2.80+156.9%	$1.09-36.3%	$1.71+25.7%	$1.36+15.3%	$1.18-15.7%	$1.400.0%	$1.40
Diluted Shares (Avg)	N/A	61M-3.3%	63M-1.7%	64M-1.3%	65M-4.8%	68M-2.3%	69M-0.9%	70M-2.8%	72M-0.7%	73M+0.2%	72M-0.2%	73M-0.3%	73M-0.9%	73M0.0%	73M+0.3%	73M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$933.9M+24.0%	$808.6M+13.6%	$737.6M-2.3%	$771.5M+3.5%	$753.1M-1.0%	$712.1M-7.4%	$754.7M-8.2%	$745.7M-8.8%
SG&A Expenses	$311.0M+24.2%	$279.7M+15.0%	$238.4M-5.2%	$268.7M+4.0%	$250.5M-3.6%	$243.2M-8.4%	$251.4M-6.8%	$258.3M-3.6%
Operating Income	$16.9M-74.5%	$4.0M+168.5%	-$35.8M-368.2%	-$13.0M-174.0%	$66.3M+238.2%	-$5.8M-137.4%	$13.4M-64.8%	$17.6M-53.6%
Interest Expense	$11.7M+24.8%	$11.7M+22.2%	$10.2M-8.1%	$9.9M-10.4%	$9.4M+3.4%	$9.5M+20.0%	$11.1M+26.2%	$11.1M+28.1%
Income Tax	$2.0M-87.1%	-$1.5M+53.2%	-$9.3M-1118.7%	-$822K-141.0%	$15.5M+427.7%	-$3.2M-203.3%	$910K-86.9%	$2.0M-71.5%
Net Income	$6.3M-85.6%	-$4.3M+57.8%	-$27.8M-333.7%	-$20.6M-413.4%	$44.1M+365.5%	-$10.1M-260.0%	$11.9M-49.6%	$6.6M-72.3%
EPS (Basic)	$0.11-84.7%	-$0.07+56.3%	-$0.46-342.1%	-$0.34-409.1%	$0.72+380.0%	-$0.16-260.0%	$0.19-48.6%	$0.11-70.3%
EPS (Diluted)	$0.11-84.7%	-$0.07+56.3%	-$0.46-342.1%	-$0.34-409.1%	$0.72+380.0%	-$0.16-260.0%	$0.19-48.6%	$0.11-70.3%
Diluted Shares (Avg)	60M-1.2%	60M-3.2%	N/A	60M-3.5%	61M-3.0%	62M-2.9%	N/A	62M-2.7%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, EBITDA.

WERN Balance Sheet

WERN quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$2.9B-5.4%	$3.1B-3.3%	$3.2B+2.0%	$3.1B+19.0%	$2.6B+20.7%	$2.2B+0.6%	$2.1B+2.9%	$2.1B+15.2%	$1.8B+0.8%	$1.8B+13.1%	$1.6B+7.1%	$1.5B+9.3%	$1.4B+1.4%	$1.3B+2.5%	$1.3B
Current Assets	$612.8M+13.1%	$541.8M-14.6%	$634.6M-16.8%	$762.6M+20.8%	$631.2M+38.1%	$456.9M-2.0%	$466.3M+2.1%	$456.7M+14.1%	$400.2M+7.3%	$373.1M-1.7%	$379.5M-11.0%	$426.3M+21.9%	$349.7M+9.5%	$319.2M-6.5%	$341.3M
Cash & Equivalents	$59.9M+47.0%	$40.8M-34.0%	$61.7M-42.4%	$107.2M+97.9%	$54.2M+84.8%	$29.3M+11.0%	$26.4M-22.1%	$33.9M+149.0%	$13.6M-19.7%	$17.0M-46.7%	$31.8M+40.8%	$22.6M-4.5%	$23.7M+53.5%	$15.4M+24.3%	$12.4M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$12.1M-14.7%	$14.2M-21.5%	$18.1M+24.4%	$14.5M+30.4%	$11.1M-7.6%	$12.1M+30.5%	$9.2M-8.1%	$10.1M-14.0%	$11.7M-8.4%	$12.8M-22.2%	$16.4M-7.9%	$17.8M+13.2%	$15.7M-32.3%	$23.3M-23.0%	$30.2M
Accounts Receivable	$394.9M+0.8%	$391.7M-12.0%	$444.9M-14.2%	$518.8M+12.7%	$460.5M+35.0%	$341.1M+5.7%	$322.8M-4.5%	$337.9M+11.1%	$304.2M+16.4%	$261.4M+4.1%	$251.0M-5.9%	$266.7M+15.1%	$231.6M+9.7%	$211.1M-3.5%	$218.7M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$129.1M0.0%	$129.1M0.0%	$129.1M-2.7%	$132.7M+77.9%	$74.6M	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.5B-3.9%	$1.6B-2.1%	$1.6B-1.5%	$1.6B+30.2%	$1.2B+29.0%	$961.6M-6.9%	$1.0B+26.2%	$818.8M+31.4%	$623.2M-21.9%	$798.2M+22.8%	$650.0M+0.5%	$646.6M+11.2%	$581.6M-6.2%	$620.0M+7.4%	$577.3M
Current Liabilities	$314.8M-11.5%	$355.7M+7.6%	$330.6M+6.8%	$309.5M+15.2%	$268.7M-1.9%	$274.0M-11.3%	$308.8M-0.5%	$310.4M+33.7%	$232.2M+8.1%	$214.9M+17.0%	$183.7M-1.5%	$186.5M+11.2%	$167.7M-4.8%	$176.2M-11.4%	$198.8M
Non-Current Liabilities	$1.2B-1.6%	$1.2B-4.6%	$1.3B-3.4%	$1.3B+34.4%	$971.5M+41.3%	$687.6M-5.0%	$724.0M+42.4%	$508.4M+30.0%	$391.0M-33.0%	$583.4M+25.1%	$466.3M+1.4%	$460.1M+11.2%	$413.8M-6.8%	$443.8M+17.3%	$378.4M
Long-Term Debt	$752.0M+19.4%	$630.0M-2.5%	$646.3M-6.0%	$687.5M+62.7%	$422.5M+141.4%	$175.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.4B-6.4%	$1.5B-4.7%	$1.5B+5.9%	$1.4B+8.7%	$1.3B+11.1%	$1.2B+7.6%	$1.1B-12.2%	$1.3B+6.7%	$1.2B+19.1%	$994.8M+6.3%	$935.7M+12.2%	$833.9M+7.9%	$772.5M+8.1%	$714.9M-1.4%	$725.1M
Retained Earnings	$1.9B-2.5%	$2.0B0.0%	$2.0B+4.1%	$1.9B+12.5%	$1.7B+15.9%	$1.4B+11.1%	$1.3B-8.4%	$1.4B+11.5%	$1.3B+16.9%	$1.1B+6.0%	$1.0B+11.8%	$915.1M+10.1%	$830.8M+9.5%	$758.6M-2.7%	$780.0M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$3.2B+7.2%	$3.3B+9.0%	$2.9B-5.4%	$3.0B-4.8%	$2.9B-4.8%	$3.0B-3.0%	$3.1B-3.3%	$3.1B-2.3%
Current Assets	$675.3M+20.7%	$702.9M+30.5%	$612.8M+13.1%	$604.8M+10.6%	$559.5M-3.1%	$538.7M-9.8%	$541.8M-14.6%	$547.0M-15.2%
Cash & Equivalents	$57.0M+10.9%	$61.5M+18.5%	$59.9M+47.0%	$51.0M-6.7%	$51.4M-27.0%	$52.0M-13.9%	$40.8M-34.0%	$54.7M+27.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$14.2M+7.2%	$14.4M+10.9%	$12.1M-14.7%	$11.5M-25.2%	$13.2M-18.8%	$13.0M-24.4%	$14.2M-21.5%	$15.4M-10.5%
Accounts Receivable	$490.9M+16.7%	$485.5M+25.4%	$394.9M+0.8%	$437.5M+13.9%	$420.5M+2.6%	$387.1M-7.3%	$391.7M-12.0%	$384.0M-14.6%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$138.6M+7.3%	$138.6M+7.3%	$129.1M0.0%	$129.1M0.0%	$129.1M0.0%	$129.1M0.0%	$129.1M0.0%	$129.1M0.0%
Total Liabilities	$1.8B+19.3%	$1.9B+24.0%	$1.5B-3.9%	$1.5B-5.8%	$1.5B-7.0%	$1.5B-0.6%	$1.6B-2.1%	$1.6B-0.5%
Current Liabilities	$466.5M+39.5%	$481.9M+48.9%	$314.8M-11.5%	$373.7M+4.5%	$334.3M-2.4%	$323.6M+3.0%	$355.7M+7.6%	$357.7M+8.5%
Non-Current Liabilities	$1.3B+13.4%	$1.4B+17.2%	$1.2B-1.6%	$1.2B-8.7%	$1.2B-8.2%	$1.2B-1.6%	$1.2B-4.6%	$1.3B-2.8%
Long-Term Debt	$793.0M+9.4%	$869.6M+35.9%	$752.0M+19.4%	$725.0M+5.1%	$725.0M+9.8%	$640.0M+7.3%	$630.0M-2.5%	$690.0M+0.5%
Total Equity	$1.4B-4.6%	$1.4B-5.8%	$1.4B-6.4%	$1.4B-3.7%	$1.4B-2.4%	$1.4B-5.4%	$1.5B-4.7%	$1.4B-4.2%
Retained Earnings	$1.9B-4.1%	$1.9B-2.2%	$1.9B-2.5%	$1.9B-0.5%	$2.0B+0.9%	$1.9B-0.9%	$2.0B0.0%	$1.9B+0.6%

WERN Cash Flow Statement

WERN quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$273.7M	$181.8M-44.9%	$329.7M-30.5%	$474.4M+5.7%	$448.7M+34.8%	$332.8M-25.4%	$445.9M+4.5%	$426.6M+2.0%	$418.2M+47.8%	$282.8M-8.7%	$309.7M-16.4%	$370.4M+79.3%	$206.6M-11.1%	$232.5M-8.9%	$255.1M-3.5%	$264.5M
Depreciation & Amortization	N/A	$286.4M-1.4%	$290.4M-3.0%	$299.5M+7.0%	$279.9M+4.6%	$267.7M+1.7%	$263.3M+5.5%	$249.5M+8.4%	$230.2M+5.7%	$217.6M+3.8%	$209.7M+8.5%	$193.2M+9.2%	$177.0M+2.3%	$173.0M+3.6%	$167.0M+5.2%	$158.6M
Stock-Based Compensation	N/A	$10.7M+20.7%	$8.9M-25.8%	$11.9M-4.3%	$12.5M+15.5%	$10.8M+21.4%	$8.9M+10.2%	$8.1M+9.2%	$7.4M+62.6%	$4.5M+90.9%	$2.4M-45.4%	$4.4M-28.2%	$6.1M+26.2%	$4.8M+4.5%	$4.6M+77.1%	$2.6M
Capital Expenditures	$220.3M	$250.4M-39.5%	$413.8M-30.9%	$598.8M+18.0%	$507.3M+36.8%	$370.9M-10.2%	$413.1M-1.8%	$420.7M-19.1%	$519.9M+64.3%	$316.3M-41.2%	$537.8M+18.4%	$454.1M+53.1%	$296.6M+40.4%	$211.3M-25.8%	$284.9M-5.8%	$302.3M
Free Cash Flow	$53.4M	-$68.5M+18.5%	-$84.1M+32.4%	-$124.4M-112.5%	-$58.5M-53.9%	-$38.0M-215.8%	$32.8M+457.1%	$5.9M+105.8%	-$101.7M-203.5%	-$33.5M+85.3%	-$228.2M-172.6%	-$83.7M+7.1%	-$90.1M-526.4%	$21.1M+170.8%	-$29.8M+21.2%	-$37.9M
Investing Cash Flow	-$293.5M	-$171.6M+28.9%	-$241.4M+44.5%	-$434.9M+15.4%	-$514.3M-29.5%	-$397.3M-50.9%	-$263.3M+3.3%	-$272.3M+17.8%	-$331.4M-80.3%	-$183.8M+55.2%	-$410.3M-22.3%	-$335.5M-64.9%	-$203.5M-45.1%	-$140.3M+35.3%	-$216.8M+3.6%	-$224.8M
Financing Cash Flow	$24.3M	$7.3M+106.9%	-$105.7M-21.4%	-$87.1M-173.8%	$118.0M+31.6%	$89.7M+148.2%	-$186.0M-19.8%	-$155.2M-129.6%	-$67.6M+33.3%	-$101.4M-221.6%	$83.4M+433.6%	-$25.0M-581.4%	-$3.7M+95.6%	-$83.5M-134.9%	-$35.6M+12.8%	-$40.8M
Dividends Paid	$33.5M	$34.1M-2.8%	$35.1M+2.5%	$34.2M+6.4%	$32.2M+10.6%	$29.1M+16.9%	$24.9M-91.3%	$286.2M+1143.6%	$23.0M+22.5%	$18.8M+8.6%	$17.3M+14.4%	$15.1M+4.7%	$14.4M-1.0%	$14.6M-88.3%	$124.4M+144.1%	$51.0M
Share Buybacks	N/A	$55.6M-17.2%	$67.1M	$0-100.0%	$110.4M+5.7%	$104.4M+84.8%	$56.5M+33.6%	$42.3M-41.4%	$72.2M	$0	$0-100.0%	$6.4M-79.0%	$30.6M+52.5%	$20.1M	$0	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$83.8M+82.1%	$83.5M+184.1%	$62.3M-12.3%	$44.1M-27.7%	$46.0M-57.8%	$29.4M-66.8%	$71.0M-40.0%	$61.0M-17.8%
Stock-Based Compensation	N/A	$2.8M+16.2%	N/A	N/A	N/A	$2.4M+8.6%	N/A	N/A
Capital Expenditures	$29.0M-67.1%	$52.8M+124.5%	$85.8M+6.2%	$52.7M-60.8%	$88.3M-37.0%	$23.5M-59.6%	$80.8M+17.6%	$134.5M-20.3%
Free Cash Flow	$54.8M+229.5%	$30.7M+423.5%	-$23.5M-140.8%	-$8.6M+88.3%	-$42.3M-35.5%	$5.9M-80.7%	-$9.8M-119.7%	-$73.4M+22.3%
Investing Cash Flow	$8.2M+112.4%	-$194.0M-8282.4%	-$71.8M-105.3%	-$35.8M+58.8%	-$66.3M+33.7%	$2.4M+112.2%	-$35.0M-6.3%	-$87.1M+28.5%
Financing Cash Flow	-$96.9M-618.4%	$112.1M+645.8%	$18.2M+137.0%	-$9.1M-180.1%	$18.7M+522.9%	-$20.5M+71.0%	-$49.3M+26.5%	$11.3M-74.3%
Dividends Paid	$8.4M-3.2%	$8.4M-3.2%	$8.4M-3.2%	$8.4M-3.2%	$8.7M-2.3%	$8.7M-2.5%	$8.7M-2.5%	$8.7M-2.5%
Share Buybacks	N/A	N/A	-$9K-47.1%	$0	$55.6M-8.2%	$0-100.0%	-$17K	$0

Not reported in any period shown, so not listed: Depreciation & Amortization.

WERN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WERN quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	0.4%-1.8pp	2.2%-3.2pp	5.4%-4.5pp	9.8%-1.5pp	11.3%+1.7pp	9.6%+0.4pp	9.2%0.0pp	9.1%+2.3pp	6.8%+0.5pp	6.3%-3.3pp	9.6%+2.1pp	7.5%+0.6pp	6.9%-1.5pp	8.4%-0.3pp	8.7%
Net Margin	-0.5%-1.6pp	1.1%-2.3pp	3.4%-3.9pp	7.3%-2.1pp	9.5%+2.3pp	7.1%+0.4pp	6.8%-0.1pp	6.8%-2.7pp	9.6%+5.6pp	3.9%-2.0pp	5.9%+1.3pp	4.6%+0.3pp	4.3%-0.8pp	5.1%-0.1pp	5.1%
Return on Equity	-1.1%-3.4pp	2.4%-5.0pp	7.3%-9.4pp	16.7%-2.8pp	19.5%+5.4pp	14.1%-0.9pp	15.0%+1.7pp	13.3%-3.8pp	17.1%+9.2pp	8.0%-5.3pp	13.2%+1.4pp	11.8%+0.6pp	11.2%-3.2pp	14.4%+0.2pp	14.2%
Return on Assets	-0.5%-1.6pp	1.1%-2.4pp	3.6%-4.2pp	7.8%-2.2pp	10.0%+2.1pp	7.8%+0.1pp	7.8%-0.3pp	8.1%-3.1pp	11.2%+6.8pp	4.4%-3.4pp	7.8%+1.1pp	6.7%+0.3pp	6.4%-1.3pp	7.7%-0.2pp	7.9%
Current Ratio	1.95+0.4x	1.52-0.4x	1.92-0.5x	2.46+0.1x	2.35+0.7x	1.67+0.2x	1.510.0x	1.47-0.3x	1.720.0x	1.74-0.3x	2.07-0.2x	2.29+0.2x	2.08+0.3x	1.81+0.1x	1.72
Debt-to-Equity	0.55+0.1x	0.430.0x	0.42-0.1x	0.48+0.2x	0.32+0.2x	0.15-0.8x	0.93+0.3x	0.65+0.1x	0.53-0.3x	0.80+0.1x	0.69-0.1x	0.780.0x	0.75-0.1x	0.87+0.1x	0.80
Asset Turnover	1.030.0x	0.990.0x	1.040.0x	1.060.0x	1.050.0x	1.100.0x	1.150.0x	1.180.0x	1.17+0.1x	1.12-0.2x	1.32-0.1x	1.45-0.1x	1.500.0x	1.530.0x	1.54
FCF Margin	-2.3%+0.5pp	-2.8%+1.0pp	-3.8%-2.0pp	-1.8%-0.4pp	-1.4%-2.8pp	1.4%+1.1pp	0.2%+4.4pp	-4.1%-2.6pp	-1.6%+9.8pp	-11.4%-7.4pp	-4.0%+0.2pp	-4.2%-5.3pp	1.0%+2.5pp	-1.5%+0.4pp	-1.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	1.8%-7.0pp	0.5%+1.3pp	-4.9%-6.6pp	-1.7%-4.0pp	8.8%+6.2pp	-0.8%-2.8pp	1.8%-2.8pp	2.4%-2.3pp
Net Margin	0.7%-5.2pp	-0.5%+0.9pp	-3.8%-5.3pp	-2.7%-3.6pp	5.9%+4.6pp	-1.4%-2.2pp	1.6%-1.3pp	0.9%-2.0pp
Return on Equity	0.5%-2.6pp	-0.3%+0.4pp	-2.0%-2.9pp	-1.5%-1.9pp	3.1%+2.5pp	-0.7%-1.1pp	0.8%-0.7pp	0.4%-1.1pp
Return on Assets	0.2%-1.3pp	-0.1%+0.2pp	-1.0%-1.3pp	-0.7%-0.9pp	1.5%+1.2pp	-0.3%-0.5pp	0.4%-0.4pp	0.2%-0.5pp
Current Ratio	1.45-0.2x	1.46-0.2x	1.95+0.4x	1.62+0.1x	1.670.0x	1.66-0.2x	1.52-0.4x	1.53-0.4x
Debt-to-Equity	0.58+0.1x	0.64+0.2x	0.55+0.1x	0.520.0x	0.51+0.1x	0.45+0.1x	0.430.0x	0.480.0x
Asset Turnover	0.300.0x	0.250.0x	0.260.0x	0.260.0x	0.260.0x	0.240.0x	0.250.0x	0.240.0x
FCF Margin	5.9%+11.5pp	3.8%+3.0pp	-3.2%-1.9pp	-1.1%+8.7pp	-5.6%-1.5pp	0.8%-3.1pp	-1.3%-7.3pp	-9.8%+1.7pp

Not reported in any period shown, so not listed: Gross Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Werner Enterprises Inc WERN	FY2025	$3.0B	-$14.4M	-0.5%	$2.0B	34/100
ArcBest Corporation ARCB	FY2025	$4.0B	$60.1M	1.5%	$2.9B	43/100
Marten Transport Ltd MRTN	FY2025	$883.7M	$17.4M	2.0%	$1.0B	39/100
Heartland Express Inc HTLD	FY2025	$805.7M	-$52.5M	-6.5%	$859.9M	22/100
Universal Logistics Holdings, Inc. ULH	FY2025	$1.6B	-$99.9M	-6.4%	$457.5M	27/100
Covenant Logistics Group, Inc. CVLG	FY2025	$1.2B	$7.2M	0.6%	$810.8M	32/100

Where Werner Enterprises Inc Ranks

Frequently Asked Questions

What is Werner Enterprises Inc's annual revenue?

Werner Enterprises Inc (WERN) reported $3.0B in total revenue for fiscal year 2025. This represents a -1.8% 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 Enterprises Inc's revenue growing?

Werner Enterprises Inc (WERN) revenue declined by 1.8% year-over-year, from $3.0B to $3.0B in fiscal year 2025.

Is Werner Enterprises Inc profitable?

No, Werner Enterprises Inc (WERN) reported a net income of -$14.4M in fiscal year 2025, with a net profit margin of -0.5%.

What is Werner Enterprises Inc's EBITDA?

Werner Enterprises Inc (WERN) had EBITDA of $298.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Werner Enterprises Inc have?

As of fiscal year 2025, Werner Enterprises Inc (WERN) had $59.9M in cash and equivalents against $752.0M in long-term debt.

What is Werner Enterprises Inc's operating margin?

Werner Enterprises Inc (WERN) had an operating margin of 0.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Werner Enterprises Inc's net profit margin?

Werner Enterprises Inc (WERN) had a net profit margin of -0.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Werner Enterprises Inc pay dividends?

Yes, Werner Enterprises Inc (WERN) paid $0.56 per share in dividends during fiscal year 2025.

What is Werner Enterprises Inc's return on equity (ROE)?

Werner Enterprises Inc (WERN) has a return on equity of -1.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Werner Enterprises Inc's free cash flow?

Werner Enterprises Inc (WERN) recorded an outflow of $68.5M in free cash flow during fiscal year 2025. This represents a 18.5% 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 Enterprises Inc's operating cash flow?

Werner Enterprises Inc (WERN) generated $181.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Werner Enterprises Inc's total assets?

Werner Enterprises Inc (WERN) had $2.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Werner Enterprises Inc's capital expenditures?

Werner Enterprises Inc (WERN) invested $250.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Werner Enterprises Inc buy back shares?

Yes, Werner Enterprises Inc (WERN) spent $55.6M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Werner Enterprises Inc have outstanding?

Werner Enterprises Inc (WERN) had 60M shares outstanding as of fiscal year 2025.

What is Werner Enterprises Inc's current ratio?

Werner Enterprises Inc (WERN) had a current ratio of 1.95 as of fiscal year 2025, which is generally considered healthy.

What is Werner Enterprises Inc's debt-to-equity ratio?

Werner Enterprises Inc (WERN) had a debt-to-equity ratio of 0.55 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Werner Enterprises Inc's return on assets (ROA)?

Werner Enterprises Inc (WERN) had a return on assets of -0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Werner Enterprises Inc's P/E ratio?

Werner Enterprises Inc (WERN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $2.0B as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Werner Enterprises Inc's price-to-sales ratio?

Werner Enterprises Inc (WERN) trades at 0.6x sales, its market capitalization divided by revenue of $3.3B revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.0B as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Werner Enterprises Inc's Altman Z-Score?

Werner Enterprises Inc (WERN) has an Altman Z-Score of 2.88, 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 Enterprises Inc's Piotroski F-Score?

Werner Enterprises Inc (WERN) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Werner Enterprises Inc's earnings high quality?

Werner Enterprises Inc (WERN) reported a net loss of $14.4M while generating $181.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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 Enterprises Inc cover its interest payments?

Werner Enterprises Inc (WERN) has an interest coverage ratio of 0.30x, 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 Enterprises Inc?

Werner Enterprises Inc (WERN) scores 34 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.