Werner Enterprises, Inc. (WERN) Financial Statements (2024 and earlier)

Company Profile

Business Address 14507 FRONTIER ROAD
OMAHA, NE 68138
State of Incorp. NE
Fiscal Year End December 31
Industry (SIC) 4213 - Trucking, Except Local (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1075429263414
Cash and cash equivalents1075429263414
Receivables522464345329345316
Inventory, net of allowances, customer advances and progress billings15111291012
Inventory15111291012
Other current assets746334393227
Other undisclosed current assets453937633631
Total current assets:763631457466457400
Noncurrent Assets
Property, plant and equipment1,8251,6131,5431,5261,4881,347
Intangible assets, net (including goodwill)214130    
Goodwill13375    
Intangible assets, net (excluding goodwill)8255    
Other noncurrent assets29522915715113961
Total noncurrent assets:2,3351,9731,7001,6781,6271,408
TOTAL ASSETS:3,0972,6042,1572,1442,0841,808
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities145167144133138106
Employee-related liabilities✕✕4436384033
Accounts payable1249483959874
Accrued liabilities202925   
Debt6525757522
Self insurance reserve797377706780
Other liabilities302428313025
Other undisclosed current liabilities50     
Total current liabilities:310269274309310232
Noncurrent Liabilities
Long-term debt and lease obligation6884231822335075
Long-term debt, excluding current maturities6884231752255075
Liabilities, other than long-term debt618281286259458316
Deferred compensation liability, classified   1110  
Deferred tax liabilities, net✕✕✕✕✕233195
Deferred income tax liabilities313   ✕✕
Other liabilities604343211113
Operating lease, liability   78✕✕
Self insurance reserve245237232228214108
Other undisclosed noncurrent liabilities  268    
Total noncurrent liabilities:1,305972468492508391
Total liabilities:1,6151,240742801819623
Temporary equity, carrying amount3936    
Equity
Equity, attributable to parent1,4441,3281,1951,1111,2651,185
Common stock111111
Treasury stock, value(552)(442)(338)(282)(241)(171)
Additional paid in capital130122116113107103
Accumulated other comprehensive loss(11)(21)(23)(15)(16)(16)
Retained earnings1,8761,6671,4391,2951,4141,268
Total equity:1,4441,3281,1951,1111,2651,185
Other undisclosed liabilities and equity   220232  
TOTAL LIABILITIES AND EQUITY:3,0972,6042,1572,1442,0841,808

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues3,2902,7342,3722,4642,4582,117
Cost of revenue(2,687)(2,256)(2,143)(2,258)(2,266)(1,280)
Cost of goods and services sold(952)(661)(553)(619)(641)(546)
Gross profit:603479230206192837
Operating expenses(280)(170)(2)1933(693)
Other operating income, net63     
Other undisclosed operating loss(63)     
Operating income:323309227225224144
Nonoperating income (expense)237(3)(4)(0)1
Investment income, nonoperating212333
Other nonoperating expense(0)(0)(0)(0)(0)(0)
Interest and debt expense(12)(4)(4)(7)(3)(2)
Other undisclosed income from continuing operations before equity method investments, income taxes  44732
Income from continuing operations before equity method investments, income taxes:313346225222224145
Other undisclosed income from continuing operations before income taxes12     
Income from continuing operations before income taxes:325346225222224145
Income tax expense (benefit)(79)(85)(56)(55)(56)58
Income from continuing operations:246261169167168203
Income before gain (loss) on sale of properties:✕✕261169167168203
Net income:246261169167168203
Net income (loss) attributable to noncontrolling interest(4)(2)    
Net income available to common stockholders, diluted:241259169167168203

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:246261169167168203
Other comprehensive income (loss)92(8)1(0)1
Comprehensive income:255264161168168204
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(4)(2)    
Comprehensive income, net of tax, attributable to parent:251261161168168204

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: