Werner Enterprises financials
$33.53+1.95%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.97B | $3.03B | $3.28B | $3.29B | $2.73B | $2.37B | $2.46B | $2.46B | $2.12B | $2.01B |
| Gross profit | $2.97B | $3.03B | $3.28B | $3.29B | $2.09B | $1.93B | $1.96B | $1.92B | $1.67B | $1.60B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 76.6% | 81.3% | 79.4% | 78.1% | 79.1% | 79.6% |
| Operating income | $21.9M | $78.8M | $164.0M | $323.1M | $309.1M | $227.4M | $225.5M | $224.2M | $143.8M | $126.1M |
| Net income | -$14.4M | $34.2M | $112.4M | $241.3M | $259.1M | $169.1M | $166.9M | $168.1M | $202.9M | $79.1M |
| Net margin | −0.5% | 1.1% | 3.4% | 7.3% | 9.5% | 7.1% | 6.8% | 6.8% | 9.6% | 3.9% |
| Diluted EPS | $-0.24 | $0.55 | $1.76 | $3.74 | $3.82 | $2.44 | $2.38 | $2.33 | $2.80 | $1.09 |
| EBITDA | $352.4M | $369.2M | $463.5M | $603.0M | $576.8M | $490.7M | $475.0M | $454.4M | $361.5M | $335.8M |
| Operating cash flow | $181.8M | $329.7M | $474.4M | $456.3M | $332.8M | $445.9M | $426.6M | $418.2M | $282.8M | $309.7M |
| Free cash flow | -$68.5M | -$84.1M | -$124.4M | -$50.9M | -$38.0M | $32.8M | $5.9M | -$101.7M | -$33.5M | -$228.2M |
| Diluted shares | 60.6M | 62.7M | 63.7M | 64.6M | 67.9M | 69.4M | 70.0M | 72.1M | 72.6M | 72.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $59.9M | $40.8M | $61.7M | $107.2M | $54.2M | $29.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $752.0M | $650.0M | $648.8M | $693.8M | $427.5M | $200.0M |
| Total assets | $2.89B | $3.05B | $3.16B | $3.10B | $2.60B | $2.16B |
| Total liabilities | $1.50B | $1.56B | $1.59B | $1.61B | $1.24B | $961.6M |
| Shareholders' equity | $1.36B | $1.46B | $1.53B | $1.44B | $1.33B | $1.20B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology