Werner Historical Income Statement
| WERN Stock | USD 40.88 0.42 1.04% |
Historical analysis of Werner Enterprises income statement accounts such as Depreciation And Amortization of 314.5 M, Interest Expense of 49.7 M, Total Revenue of 3.4 B or Gross Profit of 840.1 M can show how well Werner Enterprises performed in making a profits. Evaluating Werner Enterprises income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Werner Enterprises's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Werner Enterprises latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Werner Enterprises is a good buy for the upcoming year.
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About Werner Income Statement Analysis
Werner Enterprises Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Werner Enterprises shareholders. The income statement also shows Werner investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Werner Enterprises Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Werner Enterprises generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Werner Enterprises minus its cost of goods sold. It is profit before Werner Enterprises operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Werner Enterprises. It is also known as Werner Enterprises overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Werner Enterprises' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Werner Enterprises current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Werner Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.At this time, Werner Enterprises' EBITDA is very stable compared to the past year. As of the 30th of November 2024, Cost Of Revenue is likely to grow to about 3 B, while Operating Income is likely to drop about 120.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.4M | 11.8M | 33.5M | 49.7M | Depreciation And Amortization | 267.7M | 279.9M | 299.5M | 314.5M |
Werner Enterprises income statement Correlations
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Werner Enterprises Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Werner Enterprises income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 249.5M | 263.3M | 267.7M | 279.9M | 299.5M | 314.5M | |
| Interest Expense | 6.9M | 4.2M | 4.4M | 11.8M | 33.5M | 49.7M | |
| Total Revenue | 2.5B | 2.4B | 2.7B | 3.3B | 3.3B | 3.4B | |
| Gross Profit | 427.4M | 460.9M | 477.9M | 521.6M | 423.7M | 840.1M | |
| Other Operating Expenses | 2.2B | 2.1B | 2.4B | 3.0B | 3.1B | 3.3B | |
| Operating Income | (20.8M) | (34.4M) | 42.4M | 44.5M | 176.4M | 120.5M | |
| Ebit | (20.8M) | 216.2M | 250.2M | 336.6M | 181.3M | 190.4M | |
| Ebitda | 228.8M | 479.5M | 517.9M | 616.5M | 480.8M | 504.9M | |
| Cost Of Revenue | 2.0B | 1.9B | 2.3B | 2.8B | 2.9B | 3.0B | |
| Total Operating Expenses | 201.9M | 233.5M | 168.8M | 198.5M | 528.3M | 772.0M | |
| Income Before Tax | 221.9M | 224.7M | 346.0M | 324.8M | 147.8M | 131.4M | |
| Total Other Income Expense Net | 242.7M | (2.7M) | 36.9M | 1.7M | (28.6M) | (27.2M) | |
| Net Income | 166.9M | 169.1M | 259.1M | 241.3M | 112.4M | 88.6M | |
| Income Tax Expense | 55.0M | 55.6M | 84.5M | 79.2M | 35.5M | 42.6M | |
| Selling General Administrative | 104.2M | 124.3M | 112.1M | 163.2M | 157.0M | 149.1M | |
| Net Income Applicable To Common Shares | 166.9M | 169.1M | 259.1M | 241.3M | 277.4M | 291.3M | |
| Net Income From Continuing Ops | 166.9M | 169.1M | 261.5M | 245.6M | 150.1M | 160.2M | |
| Non Operating Income Net Other | 2.4M | 3.3M | 1.5M | 41.3M | 47.5M | 49.9M | |
| Tax Provision | 55.0M | 55.6M | 84.5M | 79.2M | 48.5M | 54.5M | |
| Interest Income | 3.3M | 1.6M | 1.2M | 1.7M | 5.9M | 3.0M | |
| Net Interest Income | (3.5M) | (2.6M) | (3.2M) | (10.1M) | (24.6M) | (23.4M) | |
| Reconciled Depreciation | 249.5M | 263.3M | 267.7M | 279.9M | 297.6M | 283.8M |
Pair Trading with Werner Enterprises
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Werner Enterprises position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Werner Enterprises will appreciate offsetting losses from the drop in the long position's value.Moving together with Werner Stock
Moving against Werner Stock
| 0.65 | CP | Canadian Pacific Railway | PairCorr |
| 0.59 | MESA | Mesa Air Group Fiscal Year End 24th of January 2025 | PairCorr |
| 0.55 | FLYX | flyExclusive, | PairCorr |
The ability to find closely correlated positions to Werner Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Werner Enterprises when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Werner Enterprises - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Werner Enterprises to buy it.
The correlation of Werner Enterprises is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Werner Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Werner Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Werner Enterprises can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Werner Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Werner Enterprises. If investors know Werner will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Werner Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.71) | Dividend Share 0.56 | Earnings Share 0.73 | Revenue Per Share 49.286 | Quarterly Revenue Growth (0.09) |
The market value of Werner Enterprises is measured differently than its book value, which is the value of Werner that is recorded on the company's balance sheet. Investors also form their own opinion of Werner Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Werner Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Werner Enterprises' market value can be influenced by many factors that don't directly affect Werner Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Werner Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Werner Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Werner Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.