Tearsheet
Investment Highlights Market Valuation Price Chart Business Description Interactive Breakdown Latest Trefis Analyses Better Bets vs. WERN Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Werner Enterprises (WERN)

Market Price (9/17/2025): $28.54 | Market Cap: $1.7 Bil
Sector: Industrials | Industry: Cargo Ground Transportation

Werner Enterprises (WERN)

Market Price (9/17/2025): $28.54
Market Cap: $1.7 Bil
Sector: Industrials
Industry: Cargo Ground Transportation

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.0%		 Weak multi-year price returns
2Y Excs Rtn is -72%, 3Y Excs Rtn is -88%		 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.9%, Rev Chg QQuarterly Revenue Change % is -1.0%
1 Low stock price volatility
Vol 12M is 34%		  Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -4.0%
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.0%
1 Low stock price volatility
Vol 12M is 34%
2 Weak multi-year price returns
2Y Excs Rtn is -72%, 3Y Excs Rtn is -88%
3 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.9%, Rev Chg QQuarterly Revenue Change % is -1.0%
4 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -4.0%

Market Valuation

 9/17/252024202320222021
Share Price CYE$28.54$35.43$41.31$38.76$45.28
Market Cap CYE ($ Bil)1.72.22.62.43.0
Total Debt ($ Bil)0.70.70.60.70.4
Total Cash ($ Bil)0.10.00.10.10.1
Enterprise Value ($ Bil)2.42.93.23.13.4
Valuation Ratios     
P/S TTM0.60.70.80.81.2
P/EBIT TTM16.127.514.87.79.2
P/E TTM33.165.523.910.712.4
Sector Ratios     
P/S TTM (Sector)1.61.41.41.11.6
P/EBIT TTM (Sector)11.410.210.08.312.1
P/E TTM (Sector)16.613.713.911.215.6
 9/17/2520242023
Share Price CYE$28.54$35.43$41.31
Market Cap CYE ($ Bil)1.72.22.6
Total Debt ($ Bil)0.70.70.6
Total Cash ($ Bil)0.10.00.1
Enterprise Value ($ Bil)2.42.93.2
Valuation Ratios   
P/S TTM0.60.70.8
P/EBIT TTM16.127.514.8
P/E TTM33.165.523.9
Sector Ratios   
P/S TTM (Sector)1.61.41.4
P/EBIT TTM (Sector)11.410.210.0
P/E TTM (Sector)16.613.713.9

Market Cap Chart

Business Description

Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. It operates through Truckload Transportation Services and Werner Logistics segments. The Truckload Transportation Services segment operates medium-to-long-haul van fleet that transports various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet, which offers time-sensitive truckload services using driver teams; regional short-haul fleet that provides comparable truckload van service in the United States; and temperature controlled fleet, which offers truckload services for temperature sensitive products using temperature-controlled trailers. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
WERN Return9%23%-14%7%-14%-19%-17%
Peers Return24%35%-15%40%10%-3%112%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: XPO, CHRW, JBHT, KNX, HUBG. See WERN Returns vs. Peers.
[3] 2025 data is for the year up to 9/16/2025 (YTD)

Better Bets than Werner Enterprises (WERN)

 WERNBetter Performance than WERN
MetricValueIndustry (Cargo Ground Transportation)
Rev Chg LTM-6.4%ODFL (-5.5%), XPO (1.9%), JBHT (-2.2%), SAIA (4.2%), TFII (3.1%)
Rev Chg 3Y Avg-0.9%XPO (10.0%), SAIA (7.1%), R (3.9%), KNX (1.1%), RXO (6.6%)
Op Mgn LTM2.9%ODFL (25.4%), XPO (8.7%), JBHT (6.7%), SAIA (12.2%), TFII (7.9%)
CFO/Rev LTM7.0%ODFL (26.1%), XPO (10.1%), JBHT (12.1%), SAIA (19.4%), TFII (12.8%)
FCF/Rev LTM-4.0%ODFL (13.8%), XPO (1.5%), JBHT (5.0%), SAIA (-3.5%), TFII (8.8%)
Total Yield5.0%JBHT (5.4%), TFII (6.4%), R (8.4%), LSTR (6.4%), ARCB (10.1%)
 WERNBetter Performance than WERN
MetricValueAll Other Sectors
Rev Chg LTM-6.4%NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), AMZN (10.9%)
Rev Chg 3Y Avg-0.9%NVDA (92.0%), MSFT (12.5%), AAPL (1.8%), GOOGL (10.2%), AMZN (11.3%)
Op Mgn LTM2.9%NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), GOOGL (32.7%), AMZN (11.4%)
CFO/Rev LTM7.0%NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), GOOGL (36.0%), AMZN (18.1%)
FCF/Rev LTM-4.0%NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), GOOGL (18.0%), AMZN (2.0%)
Total Yield5.0%BRK-B (5.9%), JPM (6.6%), XOM (9.7%), JNJ (8.2%), HD (5.7%)

Latest Trefis Analyses

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1BDSXBiodesix1313.2%-78.6%
2CLSDClearside Biomedical954.0%-74.9%
3SDOTSadot624.1%-79.4%
4WLDSWearable Devices498.0%-30.0%
5CHEKCheck-Cap285.6%154.6%
6ATCHAtlasClear275.9%-91.0%
7HSDTHelius Medical Technologies262.5%-95.6%
8OPIOffice Properties Income Trust261.7%-13.4%
9FGIFGI Industries156.8%145.2%
10AIREReAlpha Tech154.0%-56.1%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1NAKAKindly MD-81.4% 
2ATYRaTyr Pharma-79.7%-70.2%
3LGCLLucas GC-73.6%-77.1%
4EPSMEpsium Enterprise-70.1% 
5BNGOBionano Genomics-59.4%-89.7%
6FAASDigiAsia-58.5%-87.2%
7QMMMQMMM-57.5%6775.0%
8VCIGVCI Global-56.9%-99.1%
9YYGHYY-56.6%-78.5%
10XAGELongevity Health-55.5%-86.1%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical11963.5%11963.5%
2GIBOGIBO9734.4% 
3CHSNChanson International7565.0%-99.3%
4LNZALanzaTech Global7287.5%-86.0%
5QMMMQMMM3031.7%6775.0%
6OESXOrion Energy Systems1497.9%22.9%
7CURXCuranex Pharmaceuticals1401.6%1401.6%
8ENTOEntero Therapeutics565.6%117.6%
9PTNMPitanium553.2% 
10WLDSWearable Devices449.5%-30.0%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1CJETChijet Motor-92.2%-95.0%
2STFSStar Fashion Culture-92.2%-97.8%
3ELPWElong Power-91.6%-76.7%
4NXTTNext Technology-89.6%-95.1%
5NAKAKindly MD-89.0% 
6BINIBollinger Innovations-88.9%-100.0%
7JEM707 Cayman-88.4%-98.2%
8YAASYouxin Technology-82.5%-98.3%
9NEONNeonode-82.0%-50.2%
10NVNOenVVeno Medical-81.5%-69.8%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1BDSXBiodesix1313.2%-78.6%
2CLSDClearside Biomedical954.0%-74.9%
3SDOTSadot624.1%-79.4%
4WLDSWearable Devices498.0%-30.0%
5CHEKCheck-Cap285.6%154.6%
6ATCHAtlasClear275.9%-91.0%
7HSDTHelius Medical Technologies262.5%-95.6%
8OPIOffice Properties Income Trust261.7%-13.4%
9FGIFGI Industries156.8%145.2%
10AIREReAlpha Tech154.0%-56.1%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1NAKAKindly MD-81.4% 
2ATYRaTyr Pharma-79.7%-70.2%
3LGCLLucas GC-73.6%-77.1%
4EPSMEpsium Enterprise-70.1% 
5BNGOBionano Genomics-59.4%-89.7%
6FAASDigiAsia-58.5%-87.2%
7QMMMQMMM-57.5%6775.0%
8VCIGVCI Global-56.9%-99.1%
9YYGHYY-56.6%-78.5%
10XAGELongevity Health-55.5%-86.1%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Werner Enterprises

Financials

WERNXPOCHRWJBHTKNXHUBGMedian
NameWerner E.XPO C.H. Rob.JB Hunt .Knight-S.Hub  
Mkt Price28.55135.40133.77137.8042.5637.5888.17
Mkt Cap1.715.816.113.46.92.310.2
Rev LTM2,9668,00817,01312,0647,4273,7817,718
Op Inc LTM85695757807318135507
FCF LTM-12012364160027125124
FCF 3Y Avg-115-21990732189217153
CFO LTM2078057101,462814175757
CFO 3Y Avg3547549911,6751,001335873

Growth & Margins

WERNXPOCHRWJBHTKNXHUBGMedian
NameWerner E.XPO C.H. Rob.JB Hunt .Knight-S.Hub  
Rev Chg LTM-6.4%1.9%-2.6%-2.2%-2.5%-5.4%-2.5%
Rev Chg 3Y Avg-0.9%10.0%-13.2%-4.7%1.1%-8.9%-2.8%
Rev Chg Q-1.0%-3.2%-7.7%-0.0%0.8%-8.2%-2.1%
QoQ Delta Rev Chg LTM-0.3%-0.8%-2.0%-0.0%0.2%-2.1%-0.5%
Op Mgn LTM2.9%8.7%4.4%6.7%4.3%3.6%4.4%
Op Mgn 3Y Avg4.8%7.7%3.7%7.4%5.7%4.8%5.3%
QoQ Delta Op Mgn LTM1.3%-0.0%0.3%-0.1%0.2%-0.0%0.1%
CFO/Rev LTM7.0%10.1%4.2%12.1%11.0%4.6%8.5%
CFO/Rev 3Y Avg11.1%9.6%5.2%13.1%14.0%7.8%10.3%
FCF/Rev LTM-4.0%1.5%3.8%5.0%0.4%3.3%2.4%
FCF/Rev 3Y Avg-3.6%-2.8%4.8%2.6%1.4%5.1%2.0%

Valuation

WERNXPOCHRWJBHTKNXHUBGMedian
NameWerner E.XPO C.H. Rob.JB Hunt .Knight-S.Hub  
Mkt Cap1.715.816.113.46.92.310.2
P/S0.62.00.91.10.90.60.9
P/EBIT16.122.821.316.518.015.817.3
P/E33.240.730.124.241.922.531.6
P/CFO8.419.722.79.28.512.811.0
Total Yield5.0%2.5%5.2%5.4%3.6%5.8%5.1%
Dividend Yield2.0%0.0%1.9%1.3%1.2%1.3%1.3%
FCF Yield 3Y Avg-5.2%-1.7%8.1%2.1%0.9%8.8%1.5%
D/E0.40.30.10.10.50.20.2
Net D/E0.40.20.10.10.40.10.2

Returns

WERNXPOCHRWJBHTKNXHUBGMedian
NameWerner E.XPO C.H. Rob.JB Hunt .Knight-S.Hub  
1M Rtn1.9%6.3%10.9%-3.9%0.6%6.2%4.1%
3M Rtn3.4%13.0%43.6%-0.6%-0.0%15.5%8.2%
6M Rtn-4.7%24.1%35.2%-5.7%-7.5%1.4%-1.6%
12M Rtn-22.1%23.8%36.5%-16.8%-17.4%-15.0%-15.9%
3Y Rtn-22.8%371.6%39.3%-14.7%-8.1%6.9%-0.6%
1M Excs Rtn-0.5%3.8%8.4%-6.4%-1.9%3.8%1.7%
3M Excs Rtn-8.2%1.0%33.7%-12.5%-11.0%3.8%-3.6%
6M Excs Rtn-21.0%5.3%17.5%-23.6%-25.1%-16.9%-18.9%
12M Excs Rtn-38.3%8.1%19.6%-35.5%-34.9%-32.1%-33.5%
3Y Excs Rtn-88.1%250.5%-35.9%-80.9%-75.7%-64.9%-70.3%

Comparison Analyses

Title
0R or WERN - With 12% Return Forecast, WERN Probably Deserves Your Money
1Why WERN With 12% Upside May Beat CHRW?
2Werner Enterprises vs. Ollie's Bargain Outlet Holdings: With Return Forecast Of 61%, Ollie's Bargain Outlet Holdings Is A Better Bet
3Werner Enterprises vs. Avista: With Return Forecast Of 20%, Werner Enterprises Is A Better Bet
4Werner Enterprises vs. Workday: With Return Forecast Of 56%, Workday Is A Better Bet
5Werner Enterprises vs. Celsius Holdings: Similar Market Cap, But Celsius Holdings Is A Better Bet
6Werner Enterprises vs. Hillenbrand: Similar Market Cap, But Hillenbrand Is A Better Bet
7Werner Enterprises vs Viavi Solutions: Similar Market Cap; Which Stock Is A Better Bet?
8Werner Enterprises vs Fluor: Similar Market Cap; Which Stock Is A Better Bet?
9Werner Enterprises vs Match Group: Similar Revenue; Which Stock Is A Better Bet?

Financials

$ Mil | FY: 12/312025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date8/11/20255/9/20252/26/202511/12/20248/8/20245/9/20242/26/202411/8/20238/8/20235/9/20232/27/202311/4/2022
Key Financials Quarterly            
Total Revenue753712755746761769822818811833861828
Ebitda1396695919492115114123129161147
Operating Income60-613182016383847538876
Net Income44-1012796242430356055
EPS0.72-0.160.190.110.150.100.370.370.470.560.950.87
Key Financials TTM            
Total Revenue TTM2,9662,9733,0303,0983,1703,2203,2833,3233,3333,3583,2903,194
Ebitda TTM392347372391414443481527560605617630
Operating Income TTM85456691111139176227265293323333
Net Income TTM521834466383112149180223241258
Growth Rates Quarterly            
Total Revenue Growth-1.0%-7.4%-8.2%-8.8%-6.2%-7.6%-4.6%-1.2%-3.0%8.9%12.6%17.7%
EBITDA Growth48.3%-27.7%-16.8%-19.8%-23.8%-29.1%-28.6%-22.6%-26.6%-8.5%-7.7%-5.9%
Operating Income Growth203.4%-137.4%-64.8%-53.6%-58.4%-70.8%-57.1%-50.3%-37.0%-36.1%-10.3%6.9%
Net Income Growth365.5%-260.0%-49.6%-72.3%-68.3%-82.1%-60.8%-56.9%-58.7%-34.5%-21.6%-13.7%
Margins Quarterly            
EBITDA Margin18.5%9.3%12.7%12.2%12.3%11.9%14.0%13.9%15.2%15.5%18.6%17.8%
Operating Income Margin7.9%-0.8%1.8%2.4%2.6%2.0%4.6%4.6%5.8%6.4%10.3%9.2%
Net Income Margin5.9%-1.4%1.6%0.9%1.2%0.8%2.9%2.9%3.7%4.2%7.0%6.7%
Cash & Debt            
Total Cash515241557060624347130107126
Total Debt725640650690670598649705652691694574
Net Debt / (Cash)674588609635600537587662605562587448
Cash Flows Quarterly            
FCF from Operations46297161109891187411516711665
Cash Flows TTM            
FCF from Operations TTM207271330377390396474472463461449412
Returns to Shareholders Quarterly            
Dividends999999998888
Share Repurchases56-0-0-0617-0-0-0-0-08
Return on Invested Capital (ROIC) Quarterly            
ROIC26.1%-3.0%8.1%8.5%9.9%7.8%19.9%17.6%23.4%28.8%45.4%51.5%
Return on Invested Capital (ROIC) TTM            
ROIC TTM9.7%6.6%8.6%10.7%14.0%19.4%22.8%25.9%33.1%39.4%41.7%56.6%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Truckload Transportation Services2,3112,4292,0451,8431,910
Werner Logistics910793622470490
Other8073665762
Elimination Inter-segment eliminations-18-5-1-0-0
Corporate  223
Total3,2833,2902,7342,3722,464


Operating Income by Segment
$ Mil20242023202220212020
Truckload Transportation Services169295282222203
Werner Logistics163628616
Other-9-8546
Corporate  -5-41
Total176323309227225


Price Behavior

WERN Betas & Captures as of 8/31/2025

 1M2M3M6M1Y3Y
Beta1.751.961.740.720.760.79
Up Beta2.612.231.710.760.830.83
Down Beta0.250.171.050.270.310.57
Up Capture192%210%191%82%71%42%
Bmk +ve Days10223571142415
Stock +ve Days10223458112362
Down Capture178%276%207%115%111%100%
Bmk -ve Days11192754106334
Stock -ve Days11202968136386

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity4,260,060
Short Interest: % Change Since 81520257.8%
Average Daily Volume662,823
Days-to-Cover Short Interest6.43
Basic Shares Quantity60,888,000
Short % of Basic Shares7.0%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/29/2025-0.8%-0.8%3.7%
4/29/2025-10.8%-9.0%-5.1%
2/6/2025-0.6%-0.7%-7.2%
10/29/2024-2.6%-0.6%5.6%
7/30/2024-3.1%-7.9%-7.7%
4/30/20242.8%6.8%7.3%
2/6/20244.6%2.2%-2.7%
11/1/20230.0%2.4%13.8%
...
SUMMARY STATS   
# Positive9912
# Negative151512
Median Positive2.8%2.4%7.5%
Median Negative-2.3%-2.9%-5.2%
Max Positive6.1%7.1%15.9%
Max Negative-10.8%-9.0%-12.6%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025811202510-Q 6/30/2025
3312025509202510-Q 3/31/2025
12312024226202510-K 12/31/2024
93020241112202410-Q 9/30/2024
6302024808202410-Q 6/30/2024
3312024509202410-Q 3/31/2024
12312023226202410-K 12/31/2023
93020231108202310-Q 9/30/2023
6302023808202310-Q 6/30/2023
3312023509202310-Q 3/31/2023
12312022227202310-K 12/31/2022
93020221104202210-Q 9/30/2022
6302022808202210-Q 6/30/2022
3312022509202210-Q 3/31/2022
12312021228202210-K 12/31/2021
93020211109202110-Q 9/30/2021

Insider Activity

Expand for More

 

External Quote Links


Prefer one of these to Trefis? Tell us why.