Werner Historical Income Statement

WERN Stock

USD 40.85 0.60 1.49%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

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

At this time, Werner Enterprises' EBITDA is very stable compared to the past year. As of the 27th 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.

Gross Profit Operating Income Ebitda Total Other Income Expense Net

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.

Operating Income

Operating Income is the amount of profit realized from Werner Enterprises operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Werner Enterprises is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 27th 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

Interest Expense Depreciation And Amortization

Werner Enterprises income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Selling And Marketing Expenses
Depreciation And Amortization		0.58	0.96	0.58	0.96	-0.02	0.49	0.77	0.95	0.46	0.61	0.08	0.63	0.21	-0.26	0.65	0.65	-0.19	0.53	-0.66	0.76	-0.48	-0.48
Interest Expense	0.58		0.61	0.48	0.64	0.02	0.43	0.56	0.66	0.71	-0.1	-0.18	-0.09	-0.07	-0.02	0.21	0.79	-0.07	0.55	-0.96	0.76	-0.97	-0.97
Total Revenue	0.96	0.61		0.65	1.0	0.12	0.55	0.8	0.98	0.54	0.62	0.0	0.57	0.31	-0.17	0.6	0.71	-0.06	0.45	-0.7	0.75	-0.52	-0.52
Gross Profit	0.58	0.48	0.65		0.65	0.14	0.56	0.65	0.52	0.86	0.36	-0.06	0.26	0.33	0.51	0.29	0.43	0.06	0.08	-0.44	0.41	-0.5	-0.5
Other Operating Expenses	0.96	0.64	1.0	0.65		0.14	0.52	0.78	0.98	0.56	0.56	-0.03	0.53	0.28	-0.17	0.56	0.71	-0.08	0.48	-0.73	0.75	-0.56	-0.56
Operating Income	-0.02	0.02	0.12	0.14	0.14		-0.33	-0.25	0.09	0.27	-0.18	-0.49	-0.22	0.02	0.06	-0.33	-0.09	-0.09	0.09	0.03	-0.34	-0.13	-0.13
Ebit	0.49	0.43	0.55	0.56	0.52	-0.33		0.93	0.48	0.42	0.56	-0.19	0.45	0.41	0.34	0.6	0.72	0.33	-0.04	-0.56	0.78	-0.32	-0.32
Ebitda	0.77	0.56	0.8	0.65	0.78	-0.25	0.93		0.75	0.5	0.66	-0.11	0.59	0.39	0.13	0.71	0.79	0.17	0.19	-0.68	0.88	-0.43	-0.43
Cost Of Revenue	0.95	0.66	0.98	0.52	0.98	0.09	0.48	0.75		0.44	0.55	-0.01	0.53	0.25	-0.33	0.59	0.74	-0.09	0.5	-0.74	0.77	-0.56	-0.56
Total Operating Expenses	0.46	0.71	0.54	0.86	0.56	0.27	0.42	0.5	0.44		-0.06	-0.22	-0.11	0.08	0.54	0.01	0.48	-0.04	0.33	-0.65	0.44	-0.75	-0.75
Income Before Tax	0.61	-0.1	0.62	0.36	0.56	-0.18	0.56	0.66	0.55	-0.06		0.24	0.9	0.57	-0.13	0.78	0.35	0.2	-0.12	-0.06	0.42	0.22	0.22
Total Other Income Expense Net	0.08	-0.18	0.0	-0.06	-0.03	-0.49	-0.19	-0.11	-0.01	-0.22	0.24		0.24	0.1	-0.12	0.17	-0.19	0.01	0.08	0.15	0.01	0.25	0.25
Net Income	0.63	-0.09	0.57	0.26	0.53	-0.22	0.45	0.59	0.53	-0.11	0.9	0.24		0.15	-0.21	0.92	0.33	-0.22	0.06	-0.07	0.41	0.21	0.21
Income Tax Expense	0.21	-0.07	0.31	0.33	0.28	0.02	0.41	0.39	0.25	0.08	0.57	0.1	0.15		0.09	0.03	0.16	0.86	-0.36	0.0	0.18	0.1	0.1
Selling General Administrative	-0.26	-0.02	-0.17	0.51	-0.17	0.06	0.34	0.13	-0.33	0.54	-0.13	-0.12	-0.21	0.09		-0.17	-0.04	0.19	-0.18	0.02	-0.07	-0.01	-0.01
Net Income From Continuing Ops	0.65	0.21	0.6	0.29	0.56	-0.33	0.6	0.71	0.59	0.01	0.78	0.17	0.92	0.03	-0.17		0.58	-0.23	0.15	-0.33	0.63	-0.07	-0.07
Non Operating Income Net Other	0.65	0.79	0.71	0.43	0.71	-0.09	0.72	0.79	0.74	0.48	0.35	-0.19	0.33	0.16	-0.04	0.58		0.1	0.39	-0.87	0.88	-0.69	-0.69
Tax Provision	-0.19	-0.07	-0.06	0.06	-0.08	-0.09	0.33	0.17	-0.09	-0.04	0.2	0.01	-0.22	0.86	0.19	-0.23	0.1		-0.5	0.03	0.07	0.07	0.07
Interest Income	0.53	0.55	0.45	0.08	0.48	0.09	-0.04	0.19	0.5	0.33	-0.12	0.08	0.06	-0.36	-0.18	0.15	0.39	-0.5		-0.61	0.48	-0.46	-0.46
Net Interest Income	-0.66	-0.96	-0.7	-0.44	-0.73	0.03	-0.56	-0.68	-0.74	-0.65	-0.06	0.15	-0.07	0.0	0.02	-0.33	-0.87	0.03	-0.61		-0.88	0.87	0.87
Reconciled Depreciation	0.76	0.76	0.75	0.41	0.75	-0.34	0.78	0.88	0.77	0.44	0.42	0.01	0.41	0.18	-0.07	0.63	0.88	0.07	0.48	-0.88		-0.61	-0.61
Extraordinary Items	-0.48	-0.97	-0.52	-0.5	-0.56	-0.13	-0.32	-0.43	-0.56	-0.75	0.22	0.25	0.21	0.1	-0.01	-0.07	-0.69	0.07	-0.46	0.87	-0.61		1.0
Selling And Marketing Expenses	-0.48	-0.97	-0.52	-0.5	-0.56	-0.13	-0.32	-0.43	-0.56	-0.75	0.22	0.25	0.21	0.1	-0.01	-0.07	-0.69	0.07	-0.46	0.87	-0.61	1.0

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Werner Enterprises Account Relationship Matchups

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

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Moving against Werner Stock

0.63	CP	Canadian Pacific Railway	Pair Corr
0.63	MESA	Mesa Air Group Fiscal Year End 24th of January 2025	Pair Corr
0.54	FLYX	flyExclusive,	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Werner Enterprises offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Werner Enterprises' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Werner Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Werner Enterprises Stock:

How To Invest In Werner

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Is Werner Stock a good investment?

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What is Werner Enterprises' Net Worth?

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To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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.

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Werner Historical Income Statement

About Werner Income Statement Analysis

Werner Enterprises Income Statement Chart

Gross Profit

Operating Income

Werner Enterprises income statement Correlations

Werner Enterprises Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Werner Enterprises income statement Accounts

Pair Trading with Werner Enterprises

Moving together with Werner Stock

Moving against Werner Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Selling And Marketing Expenses	+ 1.0	Extraordinary Items
Cost Of Revenue	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Other Operating Expenses
Total Revenue	+ 0.96	Depreciation And Amortization
Other Operating Expenses	+ 0.96	Depreciation And Amortization

Selling And Marketing Expenses	- 0.97	Interest Expense
Extraordinary Items	- 0.97	Interest Expense
Net Interest Income	- 0.96	Interest Expense
Reconciled Depreciation	- 0.88	Net Interest Income
Net Interest Income	- 0.87	Non Operating Income Net Other
Selling And Marketing Expenses	- 0.75	Total Operating Expenses