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Werner Enterprises

Nasdaq:WERN
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WERN
Nasdaq
$3B
Market Cap
  1. Home
  2. US
  3. Transportation
Company 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, Canada, China, and internationally. The last earnings update was 40 days ago. More info.


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WERN Share Price and Events
7 Day Returns
1%
NasdaqGS:WERN
-5.1%
US Transportation
-3.8%
US Market
1 Year Returns
4.7%
NasdaqGS:WERN
-21.9%
US Transportation
-15.9%
US Market
WERN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Werner Enterprises (WERN) 1% 10.2% 1.8% 4.7% 40.8% 17%
US Transportation -5.1% -16.4% -24.7% -21.9% 21% 28.1%
US Market -3.8% -17.4% -24.1% -15.9% 2.8% 13.5%
1 Year Return vs Industry and Market
  • WERN outperformed the Transportation industry which returned -21.9% over the past year.
  • WERN outperformed the Market in United States of America which returned -15.9% over the past year.
Price Volatility
WERN
Industry
5yr Volatility vs Market

WERN Value

 Is Werner Enterprises undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Werner Enterprises to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Werner Enterprises.

NasdaqGS:WERN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:WERN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Transportation Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.952 (1 + (1- 21%) (12.33%))
1.03
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.03 * 5.44%)
7.34%

Discounted Cash Flow Calculation for NasdaqGS:WERN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Werner Enterprises is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:WERN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.34%)
2020 114.24 Analyst x6 106.42
2021 128.43 Analyst x5 111.45
2022 102.00 Analyst x1 82.46
2023 87.46 Est @ -14.26% 65.87
2024 79.18 Est @ -9.46% 55.56
2025 74.35 Est @ -6.1% 48.60
2026 71.57 Est @ -3.75% 43.58
2027 70.06 Est @ -2.1% 39.74
2028 69.40 Est @ -0.95% 36.67
2029 69.30 Est @ -0.14% 34.12
Present value of next 10 years cash flows $624.00
NasdaqGS:WERN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $69.30 × (1 + 1.74%) ÷ (7.34% – 1.74%)
$1,258.13
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,258.13 ÷ (1 + 7.34%)10
$619.36
NasdaqGS:WERN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $624.00 + $619.36
$1,243.36
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,243.36 / 69.09
$18
NasdaqGS:WERN Discount to Share Price
Calculation Result
Value per share (USD) From above. $18.00
Current discount Discount to share price of $36.61
= -1 x ($36.61 - $18.00) / $18.00
-103.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Werner Enterprises is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Werner Enterprises's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Werner Enterprises's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:WERN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $2.40
NasdaqGS:WERN Share Price ** NasdaqGS (2020-04-06) in USD $36.61
United States of America Transportation Industry PE Ratio Median Figure of 20 Publicly-Listed Transportation Companies 16.42x
United States of America Market PE Ratio Median Figure of 2,947 Publicly-Listed Companies 12.21x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Werner Enterprises.

NasdaqGS:WERN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:WERN Share Price ÷ EPS (both in USD)

= 36.61 ÷ 2.40

15.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Werner Enterprises is good value based on earnings compared to the US Transportation industry average.
  • Werner Enterprises is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Werner Enterprises's expected growth come at a high price?
Raw Data
NasdaqGS:WERN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
-1.3%per year
United States of America Transportation Industry PEG Ratio Median Figure of 19 Publicly-Listed Transportation Companies 1.61x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.88x

*Line of best fit is calculated by linear regression .

NasdaqGS:WERN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.26x ÷ -1.3%

-11.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Werner Enterprises earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Werner Enterprises's assets?
Raw Data
NasdaqGS:WERN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $16.04
NasdaqGS:WERN Share Price * NasdaqGS (2020-04-06) in USD $36.61
United States of America Transportation Industry PB Ratio Median Figure of 30 Publicly-Listed Transportation Companies 1.78x
United States of America Market PB Ratio Median Figure of 5,148 Publicly-Listed Companies 1.2x
NasdaqGS:WERN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:WERN Share Price ÷ Book Value per Share (both in USD)

= 36.61 ÷ 16.04

2.28x

* Primary Listing of Werner Enterprises.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Werner Enterprises is overvalued based on assets compared to the US Transportation industry average.
X
Value checks
We assess Werner Enterprises's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Transportation industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Transportation industry average (and greater than 0)? (1 check)
  5. Werner Enterprises has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WERN Future Performance

 How is Werner Enterprises expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-1.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Werner Enterprises expected to grow at an attractive rate?
  • Werner Enterprises's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Werner Enterprises's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Werner Enterprises's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:WERN Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:WERN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts -1.3%
NasdaqGS:WERN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 1.5%
United States of America Transportation Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Transportation Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:WERN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:WERN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 2,593 161 3
2021-12-31 2,523 429 158 13
2020-12-31 2,416 401 139 13
2020-04-07
NasdaqGS:WERN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,464 427 167
2019-09-30 2,488 448 173
2019-06-30 2,500 456 181
2019-03-31 2,491 457 176
2018-12-31 2,458 418 168
2018-09-30 2,379 362 255
2018-06-30 2,278 287 230
2018-03-31 2,178 297 215
2017-12-31 2,117 283 203
2017-09-30 2,068 334 84
2017-06-30 2,048 320 80
2017-03-31 2,027 307 75

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Werner Enterprises's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Werner Enterprises's revenue is expected to grow by 1.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:WERN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from Werner Enterprises Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:WERN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 2.44 2.53 2.35 2.00
2021-12-31 2.31 2.50 2.00 9.00
2020-12-31 2.00 2.13 1.80 9.00
2020-04-07
NasdaqGS:WERN Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 2.40
2019-09-30 2.47
2019-06-30 2.57
2019-03-31 2.48
2018-12-31 2.35
2018-09-30 3.53
2018-06-30 3.18
2018-03-31 2.97
2017-12-31 2.81
2017-09-30 1.16
2017-06-30 1.11
2017-03-31 1.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Werner Enterprises is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Werner Enterprises's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Werner Enterprises has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WERN Past Performance

  How has Werner Enterprises performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Werner Enterprises's growth in the last year to its industry (Transportation).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Werner Enterprises's year on year earnings growth rate has been positive over the past 5 years.
  • Werner Enterprises's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Werner Enterprises's 1-year earnings growth is negative, it can't be compared to the US Transportation industry average.
Earnings and Revenue History
Werner Enterprises's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Werner Enterprises Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:WERN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,463.70 166.94 88.91
2019-09-30 2,488.28 173.01 74.71
2019-06-30 2,499.75 181.48 74.79
2019-03-31 2,491.35 176.43 84.48
2018-12-31 2,457.91 168.15 82.93
2018-09-30 2,378.91 254.72 93.45
2018-06-30 2,277.82 229.72 92.11
2018-03-31 2,178.20 214.68 81.25
2017-12-31 2,116.74 202.89 79.93
2017-09-30 2,068.20 83.57 84.82
2017-06-30 2,048.24 79.97 83.26
2017-03-31 2,027.41 75.06 85.36
2016-12-31 2,008.99 79.13 83.87
2016-09-30 2,018.94 93.97 80.20
2016-06-30 2,044.71 107.12 78.46
2016-03-31 2,080.68 120.66 77.15
2015-12-31 2,093.53 123.71 80.85
2015-09-30 2,117.93 119.78 81.23
2015-06-30 2,135.45 113.67 83.65
2015-03-31 2,142.92 107.45 82.22
2014-12-31 2,139.29 98.65 80.38
2014-09-30 2,104.02 88.12 76.52
2014-06-30 2,063.79 83.41 73.44
2014-03-31 2,028.32 83.61 71.58
2013-12-31 2,029.18 86.79 71.18
2013-09-30 2,020.96 90.59 70.63
2013-06-30 2,015.73 94.46 68.39

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Werner Enterprises has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Werner Enterprises used its assets more efficiently than the US Transportation industry average last year based on Return on Assets.
  • Werner Enterprises has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Werner Enterprises's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Transportation industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Werner Enterprises has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WERN Health

 How is Werner Enterprises's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Werner Enterprises's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Werner Enterprises is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Werner Enterprises's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Werner Enterprises's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Werner Enterprises Company Filings, last reported 3 months ago.

NasdaqGS:WERN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,111.01 300.00 26.42
2019-09-30 1,064.80 350.00 14.35
2019-06-30 1,032.34 390.00 46.42
2019-03-31 1,275.39 125.00 64.74
2018-12-31 1,264.75 125.00 33.93
2018-09-30 1,243.50 125.00 9.65
2018-06-30 1,221.56 95.00 9.92
2018-03-31 1,213.10 75.00 38.79
2017-12-31 1,184.78 75.00 13.63
2017-09-30 1,050.91 75.00 10.73
2017-06-30 1,031.53 75.00 22.61
2017-03-31 1,010.38 130.00 30.80
2016-12-31 994.79 180.00 16.96
2016-09-30 978.46 150.00 13.74
2016-06-30 963.14 145.00 15.24
2016-03-31 949.97 75.00 20.41
2015-12-31 935.65 75.00 31.83
2015-09-30 903.24 75.00 45.92
2015-06-30 878.24 76.50 47.49
2015-03-31 854.77 75.00 59.26
2014-12-31 833.86 75.00 22.60
2014-09-30 804.47 75.00 47.60
2014-06-30 787.01 40.00 27.71
2014-03-31 775.02 40.00 56.47
2013-12-31 772.52 40.00 23.68
2013-09-30 752.68 50.00 17.35
2013-06-30 738.88 40.00 24.25
  • Werner Enterprises's level of debt (27%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (9% vs 27% today).
  • Debt is well covered by operating cash flow (142.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 57.8x coverage).
X
Financial health checks
We assess Werner Enterprises's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Werner Enterprises has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WERN Dividends

 What is Werner Enterprises's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.98%
Current annual income from Werner Enterprises dividends. Estimated to be 1% next year.
If you bought $2,000 of Werner Enterprises shares you are expected to receive $20 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Werner Enterprises's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (2.07%).
  • Werner Enterprises's dividend is below the markets top 25% of dividend payers in United States of America (5.82%).
Upcoming dividend payment

Purchase Werner Enterprises before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:WERN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
United States of America Transportation Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1933 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2.1%
United States of America Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:WERN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.38 4.00
2021-12-31 0.37 8.00
2020-12-31 0.35 8.00
2020-04-07
NasdaqGS:WERN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-03-03 0.360 1.079
2019-11-21 0.360 0.975
2019-08-22 0.360 1.021
2019-05-14 0.360 1.158
2019-03-18 0.360 1.059
2018-11-15 0.360 1.102
2018-08-15 0.360 1.031
2018-05-09 0.360 0.954
2018-03-19 0.280 0.774
2017-11-15 0.280 0.729
2017-11-02 0.280 0.809
2017-05-15 0.280 0.898
2017-02-14 0.240 0.899
2016-11-15 0.240 0.876
2016-08-19 0.240 1.011
2016-06-28 0.240 1.004
2016-02-23 0.240 0.941
2015-11-17 0.240 0.979
2015-08-18 0.240 0.898
2015-06-08 0.200 0.724
2015-03-23 0.200 0.689
2014-12-01 0.200 0.649
2014-09-09 0.200 0.762
2014-06-09 0.200 0.782
2014-03-24 0.200 0.780
2013-12-02 0.200 0.791
2013-09-05 1.700 7.230
2013-06-07 1.700 7.063
2013-03-25 1.700 7.131
2012-11-13 1.700 7.467
2012-09-07 0.700 3.124
2012-06-08 0.700 3.009
2012-03-26 0.700 2.921
2011-11-15 0.700 2.843
2011-09-07 1.800 7.925
2011-06-17 1.800 7.633
2011-03-31 1.800 7.115
2010-11-09 1.800 7.664
2010-09-14 1.450 6.923
2010-06-16 1.450 6.547
2010-03-29 1.450 6.356
2009-11-10 1.450 7.015
2009-09-22 0.200 1.060
2009-06-19 0.200 1.101

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Werner Enterprises is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • Werner Enterprises is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Werner Enterprises's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Werner Enterprises's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • No need to calculate the sustainability of Werner Enterprises's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Werner Enterprises's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Werner Enterprises afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Werner Enterprises has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WERN Management

 What is the CEO of Werner Enterprises's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Derek Leathers
COMPENSATION $4,183,450
AGE 49
TENURE AS CEO 3.9 years
CEO Bio

Mr. Derek J. Leathers has been the Chief Executive Officer of Werner Enterprises Inc. since May 10, 2016 and has been its President since May 2011. Mr. Leathers served as the Chief Operating Officer of Werner Enterprises Inc. from May 29, 2008 to May 10, 2016. He served as the President of Werner Global Logistics since 2006. Mr. Leathers served as Senior Executive Vice President of International at Werner Enterprises Inc. from 2006 to 2011 and served as its Senior Executive Vice President of Value Added Services from February 2006 to 2011. Mr. Leathers served as an Executive Vice President of Van Division and International at Werner Enterprises Inc. from August 2004 to February 2006. He joined Werner Enterprises Inc. in 1999 as Managing Director - Mexico Division. He served as Vice President of Mexico Division at Werner Enterprises since 2000 and served as its Vice President of International Division since January 2001, Senior Vice President of International since April 2003 and Senior Vice President of Van Division and International from July 2003 to August 2004. Mr. Leathers served as Vice President of Mexico Operations for two years at Schneider National, prior to joining Werner Enterprises Inc. and held various other management positions during his eight-year career at Schneider National. He has worked in the international logistics industry for nearly 20 years and was an integral part of many facets of the transportation portions of the NAFTA implementation process throughout the past two decades. Mr. Leathers has served as an advisor for two US ambassadors to Mexico as well as serving on the American Trucking Association's Cross-Border Advisory Committee for North America. He has been Director at American Institute of Trucking, Inc. since August 1, 2013. He has been a Director at American Transportation Research Institute since October 2015. Mr. Leathers was one of the first foreign members of Mexico's trucking association (CANACAR) and has successfully led the launch of multiple new logistics products in low-cost countries. Mr. Leathers serves as Vice President to the not-for-profit organization, 'PlaySmart'. Mr. Leathers holds a degree in economics from Princeton University.

CEO Compensation
  • Derek's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Derek's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Werner Enterprises management team in years:

6.8
Average Tenure
56
Average Age
  • The average tenure for the Werner Enterprises management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

CL Werner

TITLE
Founder & Executive Chairman
COMPENSATION
$2M
AGE
81
TENURE
64.3 yrs

Derek Leathers

TITLE
President & CEO
COMPENSATION
$4M
AGE
49
TENURE
3.9 yrs

John Steele

TITLE
Executive VP
COMPENSATION
$862K
AGE
61
TENURE
24.3 yrs

H. Nordlund

TITLE
Senior EVP & COO
COMPENSATION
$1M
AGE
57
TENURE
3.9 yrs

Jim Schelble

TITLE
Executive VP & Chief Administrative Officer
COMPENSATION
$949K
AGE
58
TENURE
3.9 yrs

James Johnson

TITLE
Executive VP
COMPENSATION
$783K
AGE
55
TENURE
9.8 yrs

Nathan Meisgeier

TITLE
Executive VP & Chief Legal Officer
AGE
45
TENURE
2.2 yrs

Fred Thayer

TITLE
Director of Corporate Communications
TENURE
13.8 yrs

Skip Schollaert

TITLE
Senior Vice President of Brokerage & Intermodal Operations

Craig Callahan

TITLE
Executive VP & Chief Commercial Officer
AGE
45
Board of Directors Tenure

Average tenure and age of the Werner Enterprises board of directors in years:

3.9
Average Tenure
71
Average Age
  • The tenure for the Werner Enterprises board of directors is about average.
Board of Directors

CL Werner

TITLE
Founder & Executive Chairman
COMPENSATION
$2M
AGE
81
TENURE
3.9 yrs

Patrick Jung

TITLE
Independent Director
COMPENSATION
$125K
AGE
71
TENURE
17.3 yrs

Diane Duren

TITLE
Independent Director
COMPENSATION
$105K
AGE
59
TENURE
2.9 yrs

Jack Holmes

TITLE
Independent Director
COMPENSATION
$63K
AGE
59
TENURE
1.7 yrs

Gerald Timmerman

TITLE
Independent Director
COMPENSATION
$100K
AGE
79
TENURE
3.9 yrs

Kenneth Bird

TITLE
Independent Director
COMPENSATION
$100K
AGE
71
TENURE
18.3 yrs

Dwaine Peetz

TITLE
Independent Director
COMPENSATION
$100K
AGE
68
TENURE
8.9 yrs

Michael Gallagher

TITLE
Independent Director
COMPENSATION
$100K
AGE
74
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Werner Enterprises's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Werner Enterprises has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WERN News

Simply Wall St News

Why Werner Enterprises, Inc. (NASDAQ:WERN) Looks Like A Quality Company

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Werner Enterprises: 18% = US$181m ÷ US$1.0b (Based on the trailing twelve months to June 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Does Werner Enterprises Have A Good Return On Equity? … Werner Enterprises's Debt And Its 18% ROE Werner Enterprises has a debt to equity ratio of 0.38, which is far from excessive.

Simply Wall St -

Should Werner Enterprises, Inc. (NASDAQ:WERN) Be Part Of Your Dividend Portfolio?

(NASDAQ:WERN) from a dividend investor's perspective. Owning a strong business and reinvesting the dividends is widely seen as an attractive way of growing your wealth. Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations. A slim 1.1% yield is hard to get excited about, but the long payment history is respectable. At the right price, or with strong growth opportunities, Werner Enterprises could have potential. The company also bought back stock equivalent to around 4.3% of market capitalisation this year. Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. … Last year, Werner Enterprises paid a dividend while reporting negative free cash flow. … Strong earnings per share (EPS) growth might encourage our interest in the company despite fluctuating dividends, which is why it's great to see Werner Enterprises has grown its earnings per share at 17% per annum over the past five years. Earnings per share are growing at a solid clip, and the payout ratio is low. We think this is an ideal combination in a dividend stock. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

Should You Be Concerned About Werner Enterprises, Inc.'s (NASDAQ:WERN) Historical Volatility?

The fact that this is well above 1 indicates that its share price movements have shown sensitivity to overall market volatility. … If this beta value holds true in the future, Werner Enterprises shares are likely to rise more than the market when the market is going up, but fall faster when the market is going down. … What this means for you: Since Werner Enterprises tends to moves up when the market is going up, and down when it's going down, potential investors may wish to reflect on the overall market, when considering the stock.

Simply Wall St -

The Werner Enterprises (NASDAQ:WERN) Share Price Has Gained 34% And Shareholders Are Hoping For More

(NASDAQ:WERN) share price is up 34% in the last three years, that falls short of the market return. … During three years of share price growth, Werner Enterprises achieved compound earnings per share growth of 14% per year. … As well as measuring the share price return, investors should also consider the total shareholder return (TSR).

Simply Wall St -

Werner Enterprises (NASDAQ:WERN) Has A Pretty Healthy Balance Sheet

NasdaqGS:WERN Historical Debt, July 8th 2019 A Look At Werner Enterprises's Liabilities Zooming in on the latest balance sheet data, we can see that Werner Enterprises had liabilities of US$322.6m due within 12 months and liabilities of US$520.8m due beyond that. … Because it carries more debt than cash, we think it's worth watching Werner Enterprises's balance sheet over time. … Considering this range of data points, we think Werner Enterprises is in a good position to manage its debt levels.

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand Werner Enterprises, Inc. (NASDAQ:WERN)

Werner Enterprises has a price to earnings ratio of 11.9, based on the last twelve months. … Check out our latest analysis for Werner Enterprises How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Werner Enterprises: P/E of 11.9 = $29.51 ÷ $2.48 (Based on the trailing twelve months to March 2019.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Is Werner Enterprises, Inc. (NASDAQ:WERN) Creating Value For Shareholders?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Werner Enterprises: 0.12 = US$224m ÷ (US$2.1b - US$323m) (Based on the trailing twelve months to March 2019.) Therefore, Werner Enterprises has an ROCE of 12%. … Werner Enterprises's Current Liabilities And Their Impact On Its ROCE Current liabilities are short term bills and invoices that need to be paid in 12 months or less. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

At US$29.37, Is Werner Enterprises, Inc. (NASDAQ:WERN) Worth Looking At Closely?

However, given that Werner Enterprises’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. … However, with a relatively muted profit growth of 3.6% expected over the next couple of years, growth doesn’t seem like a key driver for a buy decision for Werner Enterprises, at least in the short term. … If you are no longer interested in Werner Enterprises, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

Simply Wall St -

Should You Buy Werner Enterprises, Inc. (NASDAQ:WERN) For Its Dividend?

Werner Enterprises has been paying dividends for a long time, but for the purpose of this analysis, we only examine the past 10 years of payments. … Werner Enterprises's dividend payments have fluctuated, so it hasn't grown 6.1% every year, but the CAGR is a useful rule of thumb for approximating the historical growth. … Strong earnings per share (EPS) growth might encourage our interest in the company despite fluctuating dividends, which is why it's great to see Werner Enterprises has grown its earnings per share at 16% per annum over the past five years. Earnings per share are growing at a solid clip, and the payout ratio is low. We think this is an ideal combination in a dividend stock. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

Does Werner Enterprises, Inc.'s (NASDAQ:WERN) CEO Salary Reflect Performance?

In 2016 Derek Leathers was appointed CEO of Werner Enterprises, Inc. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Derek Leathers's Compensation Compare With Similar Sized Companies?

Simply Wall St -

WERN Company Info

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, Canada, China, and internationally. It operates in two segments, Truckload Transportation Services and Werner Logistics. The Truckload Transportation Services segment operates medium-to-long-haul van fleet, which transports various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet that offers time-sensitive truckload services using driver teams; regional short-haul fleet, which provides comparable truckload van service in the United States; and temperature controlled fleet that offers truckload services for temperature sensitive products using temperature-controlled trailers. It transports retail store merchandise, consumer products, grocery products, and manufactured products. The Werner Logistics segment provides non-asset-based transportation and logistics services, including truck brokerage; logistics management services and solutions; rail transportation through alliances with rail and drayage providers; management of shipments from origin to destination using a combination of air, ocean, truck, and rail transportation modes; and home and business deliveries of heavy items using liftgate straight truck. As of December 31, 2019, the company had a fleet of 8,000 trucks, which included 7,460 company-operated, as well as 540 owned and operated by independent contractors; 24,145 company-owned trailers that comprised dry vans, flatbeds, and temperature-controlled and other specialized trailers; and 33 intermodal drayage trucks. Werner Enterprises, Inc. was founded in 1956 and is headquartered in Omaha, Nebraska.

Details
Name: Werner Enterprises, Inc.
WERN
Exchange: NasdaqGS
Founded: 1956
$2,529,265,404
69,086,736
Website: http://www.werner.com
Address: Werner Enterprises, Inc.
14507 Frontier Road,
PO Box 45308,
Omaha,
Nebraska, 68145-0308,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS WERN Common Stock Nasdaq Global Select US USD 20. Jun 1986
DB WE1 Common Stock Deutsche Boerse AG DE EUR 20. Jun 1986
Number of employees
Current staff
Staff numbers
12,736
Werner Enterprises employees.
Industry
Trucking
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 02:41
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.