Werner Enterprises, Inc. (WERN)

Werner Enterprises Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	3,283	3,290	2,734	2,372	2,464
Revenue Growth (YoY)	-0.20%	20.32%	15.27%	-3.71%	0.24%
Cost of Revenue	1,590	1,566	1,190	947.9	1,064
Gross Profit	1,693	1,724	1,545	1,424	1,400
Selling, General & Admin	1,091	1,036	908.47	810.32	833.79
Other Operating Expenses	425.58	364.65	326.93	386.52	340.64
Operating Expenses	1,517	1,401	1,235	1,197	1,174
Operating Income	176.42	323.08	309.15	227.44	225.47
Interest Expense / Income	33.54	11.83	4.42	4.22	6.85
Other Expense / Income	-4.99	-9.21	-38.87	-1.47	-3.29
Pretax Income	147.87	320.46	343.59	224.69	221.91
Income Tax	35.49	79.21	84.54	55.62	54.96
Net Income	112.38	241.26	259.05	169.08	166.94
Net Income Growth	-53.42%	-6.87%	53.21%	1.28%	-0.72%
Shares Outstanding (Basic)	63	64	67	69	70
Shares Outstanding (Diluted)	64	65	68	69	70
Shares Change	-1.33%	-4.83%	-2.26%	-0.86%	-2.82%
EPS (Basic)	1.77	3.76	3.84	2.45	2.40
EPS (Diluted)	1.76	3.74	3.82	2.44	2.38
EPS Growth	-52.94%	-2.09%	56.56%	2.52%	2.15%
Free Cash Flow	65.67	131.13	139.77	179.67	142.77
Free Cash Flow Per Share	1.04	2.04	2.07	2.60	2.05
Dividend Per Share	0.550	0.510	0.460	0.450	4.020
Dividend Growth	7.84%	10.87%	2.22%	-88.81%	1082.35%
Gross Margin	51.56%	52.41%	56.49%	60.04%	56.82%
Operating Margin	5.37%	9.82%	11.31%	9.59%	9.15%
Profit Margin	3.42%	7.33%	9.47%	7.13%	6.78%
Free Cash Flow Margin	2.00%	3.99%	5.11%	7.57%	5.79%
Effective Tax Rate	24.00%	24.72%	24.60%	24.75%	24.77%
EBITDA	480.92	612.21	615.71	492.2	478.29
EBITDA Margin	14.65%	18.61%	22.52%	20.75%	19.41%
Depreciation & Amortization	299.51	279.92	267.7	263.29	249.53
EBIT	181.41	332.29	348.01	228.91	228.76
EBIT Margin	5.52%	10.10%	12.73%	9.65%	9.29%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).