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Werner Enterprises

WERN

Werner Enterprises is a premier transportation and logistics provider and one of the largest truckload carriers in the United States.

Market cap
$2.42B+46.8%
Revenue$3.3B+9.6%
Net income-$46.3M-188%
Free cash flow$20.8M+117%
EPS (diluted)-$0.76-188%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$933.9M+24.0%
Operating income$16.9M-74.5%
Net income$6.4M-85.6%
EPS (diluted)$0.11-84.7%

Balance sheet

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Cash & equivalents$57.0M+10.9%
Total debt$916.8M+18.8%
Total equity$1.4B-4.6%
Total assets$3.2B+7.1%

Cash flow

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Operating cash flow$84.7M+84.0%
CapEx$62.5M-29.2%
Free cash flow$22.2M+152%

Valuation & ratios

Valuation

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Market cap$2.42B+46.8%
Enterprise value$3.28B+32.0%
P/S0.8×+0.2×

Profitability

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Net margin-1.4%-3.2pp
FCF margin0.6%+0.3pp

Returns & leverage

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Return on equity-3.3%-7.0pp
Debt / equity0.7×+0.1×
Current ratio1.4×-0.2×

Segments

By segment

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Truckload Transportation Services$702.6M+35.7%
Werner Logistics$211.7M-4.3%

Competitors

Profile

Werner Enterprises is a premier transportation and logistics provider and one of the largest truckload carriers in the United States. The company specializes in the transport of general commodities, primarily focusing on consumer nondurable products for retail and manufacturing customers. Its core value proposition centers on a modern fleet, advanced telematics, and a diversified service offering that includes dedicated, one-way, and non-asset-based logistics solutions.

Competitive position

One of the largest truckload carriers in the U.S. with a significant presence in the dedicated and cross-border Mexico markets.

GeographiesUnited States, Mexico, Canada
Customer segmentsRetail and Consumer Products, Food and Beverage, Manufacturing, Industrial
Business modelAsset-heavy transportation, Non-asset logistics brokerage, Contract logistics
SuppliersOriginal equipment manufacturers (trucks and trailers), Fuel truck stop chains, Independent contractors, Technology and telematics providers
CustomersBig-box retailers, Consumer goods manufacturers, Grocery chains, Industrial distributors
Listed1986
Employees9.9K
CEODerek J. Leathers
IndustryTrucking
Websitewerner.com
FilingsSEC EDGAR

Questions, answered.

What is Werner Enterprises's market cap?
Werner Enterprises (WERN) has a market capitalization of $2.4B and trades on NASDAQ.
What is Werner Enterprises's revenue and profitability?
Werner Enterprises generated $3.3B in trailing twelve-month revenue with a net loss of $46.3M, representing a net margin of -1.4%, with free cash flow of $20.8M. These figures are based on the Q2 2026 filing.
Who are Werner Enterprises's competitors?
Werner Enterprises's key competitors include Wabash National Corporation, Schneider National, Knight-Swift Transportation, and others. These companies compete in similar markets and product categories.
Who does Werner Enterprises partner with?
Werner Enterprises's notable partners include Dollar General.
What subsidiaries does Werner Enterprises have?
Werner Enterprises's subsidiaries include FirstFleet, Inc., Werner Fleet Sales.
Where is Werner Enterprises headquartered?
Werner Enterprises is headquartered in United States of America and employs approximately 9,929 people. It has been publicly traded since 1986.