Werner Enterprises Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,974	3,030	3,283	3,290	2,734
Revenue Growth (YoY)	-1.84%	-7.71%	-0.20%	20.32%	15.27%
Cost of Revenue	2,396	2,418	2,579	2,504	2,002
Gross Profit	578.18	611.84	704.68	785.65	732.17
Selling, General & Admin	115.99	145.4	138.52	147.37	98.66
Other Operating Expenses	104.81	124.8	134.89	122.75	115.6
Operating Expenses	507.12	560.61	572.91	550.04	481.96
Operating Income	71.06	51.24	131.77	235.61	250.22
Interest Expense	-39.05	-39.21	-33.54	-11.83	-4.42
Interest & Investment Income	5.63	6.9	6.7	1.73	1.21
Earnings From Equity Investments	0.66	0.56	-1.05	-	-
Other Non Operating Income (Expenses)	0.39	0.16	-0.48	-0.39	-0.24
EBT Excluding Unusual Items	38.68	19.64	103.42	225.13	246.77
Merger & Restructuring Charges	-45.91	-	-	-1.1	-1.6
Gain (Loss) on Sale of Investments	-0.07	7.93	-0.28	12.2	40.32
Gain (Loss) on Sale of Assets	-	15.33	42.44	88.56	60.53
Legal Settlements	-21.41	-	-	-	-
Other Unusual Items	7.92	-0.42	2.2	-	-
Pretax Income	-20.79	42.48	147.78	324.79	346.02
Income Tax Expense	2.21	8.91	35.49	79.21	84.54
Earnings From Continuing Operations	-23	33.57	112.29	245.58	261.48
Minority Interest in Earnings	8.6	0.66	0.09	-4.32	-2.43
Net Income	-14.4	34.23	112.38	241.26	259.05
Net Income to Common	-14.4	34.23	112.38	241.26	259.05
Net Income Growth	-	-69.54%	-53.42%	-6.87%	53.21%
Shares Outstanding (Basic)	61	62	63	64	67
Shares Outstanding (Diluted)	61	63	64	65	68
Shares Change (YoY)	-3.28%	-1.66%	-1.33%	-4.83%	-2.26%
EPS (Basic)	-0.24	0.55	1.77	3.76	3.84
EPS (Diluted)	-0.24	0.55	1.76	3.74	3.82
EPS Growth	-	-68.85%	-52.94%	-2.09%	56.56%
Free Cash Flow	-	-84.07	-124.42	-58.54	-38.03
Free Cash Flow Per Share	-	-1.34	-1.95	-0.91	-0.56
Dividend Per Share	0.560	0.560	0.550	0.510	0.460
Dividend Growth	-	1.82%	7.84%	10.87%	27.78%
Gross Margin	19.44%	20.19%	21.46%	23.88%	26.78%
Operating Margin	2.39%	1.69%	4.01%	7.16%	9.15%
Profit Margin	-0.48%	1.13%	3.42%	7.33%	9.47%
Free Cash Flow Margin	-	-2.77%	-3.79%	-1.78%	-1.39%
EBITDA	355.05	341.64	431.28	515.54	517.92
EBITDA Margin	11.94%	11.27%	13.13%	15.67%	18.94%
D&A For EBITDA	283.99	290.41	299.51	279.92	267.7
EBIT	71.06	51.24	131.77	235.61	250.22
EBIT Margin	2.39%	1.69%	4.01%	7.16%	9.15%
Effective Tax Rate	-	20.98%	24.02%	24.39%	24.43%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.