WERN · Werner Enterprises Inc
$35.35
+1.05 (+3.06%)
At close · Oct 2
Return incl. dividend (before tax)
Market Cap
$1.97B
Shares
59.98M
Volume · Oct 2
648.1K
Avg daily vol (3M)
1.03M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$34.30
Open$33.98
Day$33.54–34.37
52W close$23.15–47.29
Avg vol 30d833K
Short int5.0M · 8.3% float · 6.6d
Short vol77%
Last earningsOct 27, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 7
Up next
Next earnings call
Oct 27, 2026
Scheduled
· in 4 wks
filed Aug 7, 2026
call held Jul 28, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$3.25B
Trailing 12 months
Net income (TTM)
−$46.27M
Trailing 12 months
Revenue growth YoY
+24.0%
Year over year
Operating margin
-0.9%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
2.7%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-1.2%
Year over year · fewer shares
Price change (1Y)
+32.0%
Trailing year
Short interest
8.3%
Latest settlement · 6.6 days to cover
AI Brief
Q2 FY26 earnings call · Jul 28, 2026
Q2 FY26
TL;DR. Werner reported Q2 2026 revenue up 24% and adjusted operating margin up 80 bps, driven by supply-tightening market dynamics and its one-way restructuring; the company raised full-year Dedicated RPTPW growth guidance to 3–5% and One-Way RPTM Q3 guidance to 10–13%, while lowering TTS average truck count growth guidance to 16–18% and raising net CapEx guidance to $215–$250M.
Bullish
- + One-way truckload adjusted operating margin expanded over 700 bps YoY, with revenue per truck per week up 27.7% and revenue per total mile up 10.4%
- + Raised full-year 2026 Dedicated RPTPW growth guidance from flat-to-3% to 3–5%
- + FirstFleet integration ahead of schedule, with $3M of YTD synergies already realized and actions representing $9M annualized (over $7M in 2026) toward an $18M target
Bearish
- − Lowered full-year 2026 TTS average truck count growth guidance from 23–28% to 16–18% due to slower driver hiring
- − Raised full-year 2026 net CapEx guidance from $185–$225M to $215–$250M
- − Werner Logistics adjusted operating margin swung to -1.3%, down 400 bps YoY, on truckload brokerage gross margin pressure
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Neutral
Sentiment
Bullish
Fundamentals
Poor
Quant / Vol
Moderate
Market backdrop
VIX 16.4 · calm
Equity put/call 0.57
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−5%
below
Price vs 50-day avg
−8%
below
RSI (14)
38
neutral
MACD trend
Negative
52-week position
46%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−9%
trailing
6-month return
+6%
trailing
YTD return
+14%
this year
Relative strength
−6%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $37 › 200d $36 — 50d above 200d
Institutional flow
Accumulating
+13% holders QoQ · +67 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
8.31% of float · ▼ -7.0% MoM · 6.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
272 holders — near 3-yr high, broad support
Squeeze score
57
elevated · 0–100
Fundamentals
Revenue growth
−2%
Y/Y
EPS growth
−144%
Y/Y
Free cash flow
$-68.5M
Balance sheet
$692.1M
net debt
Quant / Vol
risk profile
Volatility
41%
annualized · 1-yr
Max drawdown
−30%
past year
ATR
3.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 28, 2026
2026 vs. 2025
TTS average truck count growth
16% – 18%
Dedicated RPTPW growth
3% – 5%
2026
Net capital expenditures (proceeds)
$215M – $250M
3Q26 vs. 3Q25
One-Way Truckload RPTM growth
10% – 13%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−5%
Neutral
Price vs 50-day avg
−8%
Bearish
RSI (14)
38
Neutral
MACD trend
Negative
Bearish
52-week position
46%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $37 › 200d $36 — 50d above 200d
Institutional flow
Accumulating
+13% holders QoQ · +67 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
8.31% of float · ▼ -7.0% MoM · 6.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
272 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $23
Now $34 · 46%
Range high $47
vs 200-day avg -5%
vs 50-day avg -8%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Dedicated Average revenues per tractor per week (net of fuel surcharge) | $4,789 | Three Months Ended June 30, 2026 filing | — |
| Dedicated Average tractors in service | 6,976 | Three Months Ended June 30, 2026 filing | — |
| Dedicated Total tractors (at quarter end) | 6,960 | Three Months Ended June 30, 2026 filing | — |
| Dedicated Trucking revenues, net of fuel surcharge | 434.28M | Three Months Ended June 30, 2026 filing | — |
| One-Way Truckload Average % change in revenues per total mile (net of fuel surcharge) | 10.4% | Three Months Ended June 30, 2026 filing | — |
| One-Way Truckload Average % change in total miles per tractor per week | 15.7% | Three Months Ended June 30, 2026 filing | — |
| One-Way Truckload Average completed trip length in miles (loaded) | 685 | Three Months Ended June 30, 2026 filing | — |
| One-Way Truckload Average percentage of empty miles | 14.94% | Three Months Ended June 30, 2026 filing | — |
| One-Way Truckload Average revenues per tractor per week (net of fuel surcharge) | $6,114 | Three Months Ended June 30, 2026 filing | — |
| One-Way Truckload Average tractors in service | 1,736 | Three Months Ended June 30, 2026 filing | — |
| One-Way Truckload Total tractors (at quarter end) | 1,735 | Three Months Ended June 30, 2026 filing | — |
| One-Way Truckload Trucking revenues, net of fuel surcharge | 137.95M | Three Months Ended June 30, 2026 filing | — |
| Operating margin percentage | 1.8% | Three Months Ended June 30, 2026 filing | — |
| TTS segment Average revenues per tractor per week (net of fuel surcharge) | $5,053 | Three Months Ended June 30, 2026 filing | — |
| TTS segment Average tractors in service | 8,712 | Three Months Ended June 30, 2026 filing | — |
| TTS segment Total Company tractors (at quarter end) | 8,380 | Three Months Ended June 30, 2026 filing | — |
| TTS segment Total Independent contractor tractors (at quarter end) | 315 | Three Months Ended June 30, 2026 filing | — |
| TTS segment Total tractors (at quarter end) | 8,695 | Three Months Ended June 30, 2026 filing | — |
| TTS segment Total trailers (at quarter end) | 35,510 | Three Months Ended June 30, 2026 filing | — |
| Werner Logistics segment Average tractors in service | 27 | Three Months Ended June 30, 2026 filing | — |
| Werner Logistics segment operating margin percentage | -1.8% | Three Months Ended June 30, 2026 filing | — |
| Werner Logistics segment Total containers (at quarter end) | 375 | Three Months Ended June 30, 2026 filing | — |
| Werner Logistics segment Total tractors (at quarter end) | 27 | Three Months Ended June 30, 2026 filing | — |
| Werner Logistics segment Total trailers (at quarter end) | 2,470 | Three Months Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Trucking — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
WERN
this stock
Werner Enterprises Inc
|
$1.97B | +14.3% | -1.8% | — | 8.3% |
|
ODFL
Old Dominion Freight Line, Inc.
|
$35.93B | +13.6% | -5.5% | 33.3 | 4.0% |
|
XPO
XPO, Inc.
|
$20.35B | +32.2% | +0.3% | 51.4 | 5.4% |
|
KNX
Knight-Swift Transportation Holdings Inc.
|
$10.35B | +25.1% | +0.8% | 303.2 | 8.0% |
|
TFII
TFI International Inc.
|
$9.95B | +16.6% | — | — | 1.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| WERN | +2.5% | -9.5% | +6.0% | +0.9% | +14.3% |
| SPY | -0.4% | -0.2% | +12.4% | +0.2% | +12.0% |
| vs SPY | +2.9% | -9.3% | -6.4% | +0.8% | +2.3% |