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NASDAQ · TRUCKING (NO LOCAL) · LARGE CAP

Werner Enterprises Inc. WERN

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.0B
▼ 1.8% YoY
$-14.4M
▼ 142.1% YoY
$-68.5M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Werner Enterprises, Inc. is a transportation and logistics company engaged primarily in transporting truckload shipments of general commodities in both interstate and intrastate commerce. Its headquarters are located in Omaha, Nebraska, near the geographic center of its truckload service area. As of December 31, 2025, it employed 8,677 drivers; 638 mechanics and maintenance associates for the trucking operation; 1,465 office associates for the trucking operation; and 1,251 associates for Werner Logistics, international, driving schools and other non-trucking operations. Its largest customer, Dollar General, accounted for 11% of its total revenues in 2025. It has two reportable segments, TTS and Werner Logistics. Its TTS segment is comprised of Dedicated and One-Way Truckload. Its Werner Logistics segment is a non-asset-based transportation and logistics provider that provides services throughout North America and generates the majority of the company's non-trucking revenues through three divisions. It was founded in 1956 by Clarence L. Werner, who started the business with one truck at the age of 19, was incorporated in the State of Nebraska in September 1982, and completed its initial public offering in June 1986 with a fleet of 632 trucks as of February 1986.

Written from the business description in WERNER ENTERPRISES, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 3.0B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.0 · Net income -0.0
2B3B
2008201120142017202020232025
Compound annual growth
−3.3%
+4.6%
+3.6%
+3.3%
+3.2%
+9.2%
+9.8%
−7.5%
−14.3%
+1.9%
+15.8%
−2.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.6% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−1 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 0.4% · Net -0.8%
5%10%
200820162025
ROE
FY2025 · ROE -1.0%
10%20%
200820162025
Three returns, three denominators.

Each USD of equity lost 1 cents this year.

Cash & shareholders

USD 89.6M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -68.5
20M40M-100M-200M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends 34.1 · Net buybacks 55.6
150M300MDividendsNet buybacks
2008201120142017202020232025

USD 34.1M in dividends and USD 55.6M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 2.9B
EquityUSD 1.4B
CashUSD 59.9M
Gross debtUSD 752.0M
Net debtUSD 692.1M
Current ratio1.95×

Net debt stands at 51% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
WERN, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B3.03.03.33.32.72.42.52.52.12.02.12.12.02.02.01.81.72.2
Operating income $B0.00.10.20.30.30.20.20.20.10.10.20.20.10.20.20.10.10.1
EBITDA $B0.30.30.50.60.60.50.50.50.40.30.40.30.30.30.30.30.30.3
Income tax $B0.00.00.00.10.10.10.10.1−0.10.00.10.10.10.10.10.10.00.0
Net income $B−0.00.00.10.20.30.20.20.20.20.10.10.10.10.10.10.10.10.1
Free cash flow $B−0.1−0.1−0.1−0.1−0.00.00.0−0.1−0.0−0.2−0.1−0.10.0−0.0−0.00.10.00.1
EPS, diluted $−0.240.551.763.743.822.442.382.332.801.091.711.361.181.401.401.100.790.94
Dividend / sh $0.560.560.550.510.460.364.110.340.270.240.220.200.201.700.701.801.452.30
Payout %−237102301311151711492212151712150163184243
ROE %−1.02.37.617.420.514.714.113.718.68.214.012.311.714.314.711.77.89.1
Shares out B0.060.060.060.060.070.070.070.070.070.070.070.070.070.070.070.070.07◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityTrucking (No Local)
Listed onNASDAQ
Incorporated inNebraska
Fiscal year endsDecember 31
Data on record since2008

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