WERNNasdaqTrucking (No Local)Fiscal year ends December 31
WERNER ENTERPRISES INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$30.22−2.59 (-7.89%)
Close on Oct 19, 2026
- Market cap
- $1.82B
- P/E (TTM)
- –
- Dividend yield
- 1.85%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
0.4%−9.2 pts over 5 years
Net margin
-0.5%−7.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.8% | -3.3% | +4.6% | +3.6% | |
| Operating income | -82.4% | -67.0% | -44.8% | -24.8% | |
| Dividend per share | 0.0% | +3.2% | +9.2% | +9.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.2% | 14.7% | -1.0% | |
| Return on assets | 4.7% | 7.9% | -0.5% | |
| Current ratio | 1.74 | 1.67 | 1.95 | |
| Debt to equity | – | 0.17 | 0.55 | |
| Interest coverage | 48.9× | 54.0× | 0.3× | |
| Capex to revenue | 26.8% | 17.4% | 8.4% | |
| Diluted shares | 72M | 69M | 61M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Werner Enterprises generated $1.77B from operations and spent $2.64B on capital expenditure, dividends and share buybacks. 81% of that went back into the business.
Generated
$1.77B
Used
$2.64B
Capital expenditure$2.14B81%Dividends$164.60M6%Share buybacks$337.47M13%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-0.5%
×Asset turnover1.00×
×Equity multiplier2.11×
=Return on equity, FY2025-1.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -0.5% | 1.00× | 2.11× | -1.0% |
| FY2024 | 1.1% | 0.98× | 2.08× | 2.3% |
| FY2023 | 3.4% | 1.05× | 2.10× | 7.6% |
| FY2022 | 7.3% | 1.15× | 2.06× | 17.4% |
| FY2021 | 9.5% | 1.15× | 1.89× | 20.5% |
| FY2020 | 7.1% | 1.10× | 1.86× | 14.7% |
| FY2019 | 6.8% | 1.17× | 1.78× | 14.1% |
| FY2018 | 6.8% | 1.26× | 1.59× | 13.7% |
| FY2017 | 9.6% | 1.18× | 1.65× | 18.6% |
| FY2016 | 3.9% | 1.19× | 1.75× | 8.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$14.40M
- Cash generatingOperating cash flow above zero$181.83M
- Return on assets improvedROA up on the prior year1.1% → -0.5%
- Earnings backed by cashOperating cash flow above net income$181.83M vs -$14.40M
- Less leverageLong-term debt to assets fell20.6% → 26.0%
- Better liquidityCurrent ratio rose1.52 → 1.95
- No dilutionShare count did not rise63M → 61M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.96 → 0.97