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WERN on Nasdaq

Werner Enterprises

Logo: Werner Enterprises, Public domain, via Wikimedia Commons5

American transportation and logistics company

Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1956Founded1

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  • TickerWERN on Nasdaq1
  • IndustryTrucking (No Local)1
  • HeadquartersOmaha1
  • Websitewww.werner.com
  • Incorporated inNE6
  • Business address14507 Frontier Road, Omaha, Ne 681386
  • Filer categoryLarge accelerated filer6
  • Legal formDomestic Corporation4
  • LEI549300P6XRGOCHHJST374
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O NATHAN MEISGEIER, 68138 Omaha, United States4
  • Registered withSecretary of State Business Services Division, 06582004

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2022 Werner Enterprises
Photo: Lauren Reams, CC BY-SA 4.0, via Wikimedia Commons9

Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

0.4%Operating margin10
-0.5%Net margin10
-1.9%Revenue growth, 202510
-1.1%Return on equity10
0.55×Debt to equity10
-$68.5MFree cash flow10

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Transportation Services brought in 49% of the revenue Werner Enterprises broke down this way in fiscal 2025.

  1. Transportation Services$2.9B1049%down 2% from 2024
  2. Truckload Transportation Services$2.1B1035%down 4% from 2024
  3. Werner Logistics$856.9M1015%up 3% from 2024
  4. Other revenue recognition segments$74.9M101%down 0% from 2024
Business segments by year
Business segments202320242025
Transportation Services$3.2B$3.0B$2.9B
Truckload Transportation Services$2.3B$2.1B$2.1B
Werner Logistics$910.4M$831.3M$856.9M
Other revenue recognition segments$79.9M$75.1M$74.9M

Regions

United States brought in 95% of the revenue Werner Enterprises broke down this way in fiscal 2025.

  1. United States$2.8B1095%down 1% from 2024
  2. Mexico$120.4M104%down 19% from 2024
  3. Canada$14.2M100%down 50% from 2024
Regions by year
Regions202320242025
United States$3.1B$2.9B$2.8B
Mexico$159.2M$147.8M$120.4M
Canada$35.1M$28.3M$14.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs100¢$2.9B
  • Income tax0¢$2.2M

Out of $2.9B in revenue.10 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending74¢$250.4M
  • Dividends paid10¢$34.1M
  • Share buybacks16¢$55.6M

Out of $181.8M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.10

Financial statements

Revenue1112131410$2.9B in 2025+18% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $2.5B$2.5B20192020: $2.4B$2.4B2020−4%2021: $2.7B$2.7B2021+15%2022: $3.2B$3.2B2022+18%2023: $3.2B$3.2B2023−0%2024: $3.0B$3.0B2024−8%2025: $2.9B$2.9B2025−2%
Operating income1112131410$11.7M in 2025−95% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $225.5M$225.5M20192020: $227.4M$227.4M2020+1%2021: $309.1M$309.1M2021+36%2022: $323.1M$323.1M2022+5%2023: $176.4M$176.4M2023−45%2024: $66.1M$66.1M2024−63%2025: $11.7M$11.7M2025−82%
Net income1112131410-$14.4M in 2025
-$100.0M0$100.0M$200.0M$300.0M2019: $166.9M$166.9M20192020: $169.1M$169.1M2020+1%2021: $259.1M$259.1M2021+53%2022: $241.3M$241.3M2022−7%2023: $112.4M$112.4M2023−53%2024: $34.2M$34.2M2024−70%2025: -$14.4M-$14.4M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Operating revenues$3.0B$3.0B$3.3B
Salaries, wages and benefits$1.0B$1.0B$1.1B
Fuel$247.8M$275.4M$345.0M
Supplies and maintenance$248.2M$246.1M$256.5M
Taxes and licenses$90.5M$97.2M$102.7M
Insurance and claims$116.0M$145.4M$138.5M
Depreciation and amortization$286.3M$290.4M$299.5M
Rent and purchased transportation$902.8M$844.9M$886.3M
Communications and utilities$15.9M$17.2M$18.5M
Restructuring and impairment$44.2M$0$0
Other$10.2M$12.7M-$12.4M
Total operating expenses$3.0B$3.0B$3.1B
Operating income (loss)$11.7M$66.1M$176.4M
Interest expense$39.1M$39.2M$33.5M
Interest income-$5.6M-$6.9M-$6.7M
Loss (gain) on investments in equity securities$68.0K-$7.9M$278.0K
Loss (earnings) from equity method investment-$656.0K-$556.0K$1.0M
Other-$385.0K-$162.0K$477.0K
Total other expense, net$32.4M$23.7M$28.6M
Income (loss) before income taxes-$20.8M$42.5M$147.8M
Income tax expense$2.2M$8.9M$35.5M
Net income (loss)-$23.0M$33.6M$112.3M
Net loss attributable to noncontrolling interest$8.6M$663.0K$92.0K
Net income (loss) attributable to Werner-$14.4M$34.2M$112.4M
Basic (in dollars per share)-$0.24$0.55$1.77
Diluted (in dollars per share)-$0.24$0.55$1.76
Basic (in shares)60.6M shares62.5M shares63.4M shares
Diluted (in shares)60.6M shares62.7M shares63.7M shares

Compare Werner Enterprises with another company

Corporate structure

Werner Enterprises sits at the top of its group. 13 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Werner Enterprises

  • Werner Enterprises Omaha, Nebraska, United States
    • 10. Subsidiary · Barbados
    • 11. Subsidiary · Delaware, United States
    • 12. Subsidiary · Nebraska, United States
    • 13. Subsidiary · Mexico
    • 14. Subsidiary · Nebraska, United States
    • 15. Subsidiary · Nebraska, United States
    • 16. Subsidiary · Arizona, United States
    • 17. Subsidiary · Florida, United States
    • 18. Subsidiary · Nebraska, United States
    • 19. Subsidiary · Delaware, United States
    • 20. Subsidiary · Connecticut, United States
    • 21. Subsidiary · Indiana, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Werner Enterprises reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$128.7M10 Dec 31, 2025$128.7M10 Dec 31, 20240%
Buildings and improvements$363.8M10 Dec 31, 2025$338.2M10 Dec 31, 2024+7.6%
Property and equipment, before depreciation$2.9B10 Dec 31, 2025$2.9B10 Dec 31, 2024−1.3%
Accumulated depreciation$1.1B10 Dec 31, 2025$1.0B10 Dec 31, 2024+10.3%
Property and equipment, net$1.8B10 Dec 31, 2025$1.9B10 Dec 31, 2024−7.4%
Operating-lease assets (leased space)$39.7M10 Dec 31, 2025$49.6M10 Dec 31, 2024−20.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$59.9M10 Dec 31, 2025$40.8M10 Dec 31, 2024+47.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$129.1M10 Dec 31, 2025$129.1M10 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$44.6M10 Dec 31, 2025$76.4M10 Dec 31, 2024−41.6%
Finite-lived intangibles, gross$67.6M10 Dec 31, 2025$104.8M10 Dec 31, 2024−35.5%
Accumulated amortization$23.0M10 Dec 31, 2025$28.4M10 Dec 31, 2024−19.0%
Finite-lived intangibles, net$44.6M10 Dec 31, 2025$76.4M10 Dec 31, 2024−41.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$12.1M10 Dec 31, 2025$14.2M10 Dec 31, 2024−14.7%

Properties, in its own words

Our headquarters are located on approximately 135 acres near U.S. Interstate 80 west of Omaha, Nebraska, 51 acres of which are undeveloped. Our headquarter facilities have suitable space available to accommodate planned needs for at least the next three to five years. We also have several terminals throughout the United States, consisting of office and/or maintenance facilities. In addition, we own parcels of land in several locations in the United States for future terminal development. Our terminal and disaster recovery locations are described below:

Location · Owned or Leased · Description · Segment

The rest of Item 2

Omaha, Nebraska · Owned · Corporate headquarters, maintenance, truck sales · TTS, Werner Logistics, Corporate

Omaha, Nebraska · Owned · Disaster recovery, warehouse · Corporate

Phoenix, Arizona · Owned · Office, maintenance, driver training school · TTS

West Memphis, Arkansas · Owned · Office, maintenance · TTS

Fontana, California · Owned · Office, maintenance, truck sales, driver training school · TTS

Denver, Colorado · Owned · Maintenance · TTS

Lake City, Florida · Owned · Office, maintenance · TTS

Lakeland, Florida · Leased · Maintenance · TTS

Atlanta, Georgia · Owned · Office, maintenance, truck sales, driver training school · TTS

Joliet, Illinois · Owned · Office, maintenance, truck sales · TTS

Milan, Indiana · Owned · Office, maintenance, warehouse · TTS

Brownstown, Michigan · Owned · Maintenance · TTS

Springfield, Ohio · Owned · Office, maintenance, truck sales · TTS

Easton, Pennsylvania · Owned · Office, maintenance · TTS

Portland, Tennessee · Leased · Office, maintenance · TTS

Dallas, Texas · Owned · Office, maintenance, truck sales, driver training school · TTS

El Paso, Texas · Owned · Office, maintenance · TTS

Laredo, Texas · Owned · Office, maintenance, transloading, truck sales · TTS, Werner Logistics

At December 31, 2025, we leased (i) operational facilities, office space, and trailer parking yards in various locations throughout the United States and (ii) office space in Mexico and Canada. We own (i) a 96-room motel located near our Omaha

headquarters; (ii) an 85-room hotel located near our Atlanta terminal; (iii) a 71-room private driver lodging facility at our Dallas terminal; (iv) five operational facilities located in Ohio, Indiana, and Florida; and (v) a terminal facility in Queretaro, Mexico, which we lease to a third party. The Werner Fleet Sales network has eight locations, which are primarily located in certain terminals listed above. Our driver training schools operate in 20 locations in the United States, four of which are located in or near certain terminals listed above, five are located in company-owned facilities, and 11 are located in leased facilities.

Item 2 of the 10-K filed Feb 26, 2026.18

The story

In 1956, Clarence "CL" Werner sold his family vehicle for a Ford Motor Company gasoline-powered truck, and began hauling cargo for other companies. In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. In 1977, Werner Enterprises moved its corporate headquarters to its current location in Omaha, Nebraska. By 1999, Werner had expanded its operations into Mexico, reaching one billion dollars in revenue. Werner was among the six largest truckload and less-than-truckload (LTL) carriers in the United States in 2023.

From Wikipedia’s article on Werner Enterprises, shared under CC BY-SA 4.0.7

Leadership

Who has led Werner Enterprises, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Clarence L. Werner2006–2015
  2. Gregory L. Werner2007–2015
  3. Derek J. Leathers2016–now

Chair

  1. Clarence L. Werner2007–2020
  2. Gary L. Werner2011–2015
  3. Derek J. Leathers2022–now

President

  1. Gregory L. Werner2006–2010
  2. Derek J. Leathers2010–2023
  3. Nathan J. Meisgeier2024–now

Chief financial officer

  1. Christopher D. Wikoff2023–now

Chief operating officer

  1. Derek J. Leathers2008–2016
  2. H. Marty Nordlund2016–2022
  3. Eric J. Downing2023–now
197019801990200020102020
Board members and other officers (51)

Products and brands

Werner's fleet consists of approximately 8,300 trucks, 30,000 trailers and employs 14,300 employees and independent contractors. The company conducts business in more than 150 countries, with offices in the U.S., Canada and Mexico. It is the largest truckload transportation provider serving the Mexico cross-border market.

Werner's common stock trades on the NASDAQ Global Select Market under the symbol WERN. Werner announced its Werner DRIVE strategy in 2022, which stands for Durable, Results, Innovation, Values and ESG. Building on the "5Ts + S" strategy, Werner DRIVE incorporates sustainability, capital allocation, an outcome-oriented approach to operations, a drive to innovate and a culture that supports and values its team members.

From Wikipedia’s article on Werner Enterprises, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • 10. Barbados8
  • 11. Delaware8
  • 12. Nebraska8
  • 13. Mexico8
  • 14. Nebraska8
  • 15. Nebraska8
  • 16. Arizona8
  • 17. Florida8
  • 18. Nebraska8
  • 19. Delaware8
  • 20. Connecticut8
  • 21. Indiana8

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

In July 2021, Werner acquired regional truckload carriers ECM Transport Group (ECM Transport and Motor Carrier Service, LLC), expanding in the Mid-Atlantic, Ohio and Northeast regions.

In November 2021, Werner acquired final mile carrier NEHDS Logistics, LLC.

In October 2022, Werner acquired truckload carrier Baylor Trucking, Inc., expanding in the east central and south-central U.S. truckload markets.

In November 2022, Werner acquired asset-light logistics provider and truckload carrier, ReedTMS Logistics.

From Wikipedia’s article on Werner Enterprises, shared under CC BY-SA 4.0.7

Timeline

  1. Oct 8, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation80
  2. Oct 6, 20268-K Executive or director change81
  3. Aug 24, 20268-K Regulation FD disclosure82
  4. Aug 10, 20268-K Executive or director change83
  5. Aug 5, 20268-K Regulation FD disclosure84
  6. Jul 28, 20268-K Results of operations85
  7. Jun 10, 20268-K Entered a material agreement; New debt or obligation86
  8. May 13, 20268-K Executive or director change; Shareholder vote87
  9. May 11, 20268-K Regulation FD disclosure88
  10. Apr 28, 20268-K Results of operations89
  11. Apr 14, 20268-K Financial statements and exhibits90
  12. Feb 18, 20268-K Executive or director change91
  13. Jul 28, 2016New chief executive Derek J. Leathers becomes CEO19
  14. Oct 19, 2007New chief executive Gregory L. Werner becomes CEO20
  15. Jan 27, 2006New chief executive Clarence L. Werner becomes CEO21
  16. 1956Founded Founded1

Calendar

Coming up

  1. Oct 27, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported ($0.03) a share, on Oct 30, 2025.92

When it reported results

  1. Jul 28, 2026Reported quarterly or annual results85
  2. Apr 28, 2026Reported quarterly or annual results89
  3. Feb 5, 2026Reported quarterly or annual results93
  4. Oct 30, 2025Reported quarterly or annual results94
  5. Jul 29, 2025Reported quarterly or annual results95
  6. Apr 29, 2025Reported quarterly or annual results96
  7. Feb 6, 2025Reported quarterly or annual results97
  8. Oct 29, 2024Reported quarterly or annual results98

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

379 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 82 major events, 220 insider forms, 37 large holders, 20 other. The latest 20:

  1. Oct 8, 20268-K EDGAR
  2. Oct 6, 20268-K EDGAR
  3. Aug 24, 20268-K EDGAR
  4. Aug 14, 2026SCHEDULE 13G EDGAR
  5. Aug 11, 20264 EDGAR
  6. Aug 10, 20264 EDGAR
  7. Aug 10, 20263 EDGAR
  8. Aug 10, 20268-K EDGAR
  9. Aug 7, 202610-Q EDGAR
  10. Aug 6, 2026SCHEDULE 13G/A EDGAR
  11. Aug 5, 20268-K EDGAR
  12. Jul 28, 20268-K EDGAR
  13. Jul 14, 20264 EDGAR
  14. Jul 14, 20264/A EDGAR
  15. Jun 16, 20264 EDGAR
  16. Jun 12, 2026144 EDGAR
  17. Jun 10, 20268-K EDGAR
  18. May 14, 20264 EDGAR
  19. May 14, 20264 EDGAR
  20. May 14, 20264 EDGAR

The 379 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

62 open-market trades by officers, directors and large owners since October 2021: 59 buys and 3 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 12, 2026SCHELBLE JIM SExec VP & Chief Admin OfficerSale933$43.93$41.0KForm 4
Feb 20, 2026DOWNING ERIC JExec VP and COOSale1,418$34.78$49.3KForm 4
Feb 19, 2026DOWNING ERIC JExec VP and COOSale1,428$35.00$50.0KForm 4
Oct 23, 2025CALLAHAN CRAIG TExec VP-Chief Commercial OffcrBuy26$28.83$750Form 4
Oct 23, 2025SCHELBLE JIM SExec VP & Chief Admin OfficerBuy67$28.83$1.9KForm 4
Oct 23, 2025DOWNING ERIC JExec VP and COOBuy32$28.83$923Form 4
Oct 23, 2025JOHNSON JAMES LYNNExec VP - Chief Acctg OfficerBuy3$28.83$85Form 4
Oct 23, 2025LEATHERS DEREK JCEO & ChairmanBuy87$28.83$2.5KForm 4
Oct 23, 2025MEISGEIER NATHAN JPresident and CLOBuy50$28.83$1.5KForm 4
Oct 23, 2025Mahon Daragh PExecutive Vice President & CIOBuy14$28.83$398Form 4
Oct 3, 2025CALLAHAN CRAIG TExec VP-Chief Commercial OffcrBuy227$26.30$6.0KForm 4
Oct 3, 2025SCHELBLE JIM SExec VP & Chief Admin OfficerBuy227$26.30$6.0KForm 4
Oct 3, 2025DOWNING ERIC JExec VP and COOBuy227$26.30$6.0KForm 4
Oct 3, 2025JOHNSON JAMES LYNNExec VP - Chief Acctg OfficerBuy227$26.30$6.0KForm 4
Oct 3, 2025LEATHERS DEREK JCEO & ChairmanBuy223$26.30$5.9KForm 4
Oct 3, 2025MEISGEIER NATHAN JPresident and CLOBuy227$26.30$6.0KForm 4
Oct 3, 2025Mahon Daragh PExecutive Vice President & CIOBuy227$26.30$6.0KForm 4
Jul 24, 2025CALLAHAN CRAIG TExec VP-Chief Commercial OffcrBuy25$28.63$714Form 4
Jul 24, 2025SCHELBLE JIM SExec VP & Chief Admin OfficerBuy66$28.63$1.9KForm 4
Jul 24, 2025DOWNING ERIC JExec VP and COOBuy31$28.63$887Form 4

All 62 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Derek J. Leathers –Chief Executive Officer$974.1K$6.0M112
2025Nathan J. Meisgeier –President & Chief Legal Officer$545.8K$1.4M112
2025Christopher D. Wikoff –EVP, Treasurer & Chief Financial Officer$520.0K$1.3M112
2025Eric J. Downing –EVP & Chief Operating Officer$472.3K$1.2M112
2025Daragh P. Mahon –EVP & Chief Information Officer$438.2K$1.1M112
2024Derek J. Leathers –Chief Executive Officer$941.9K$5.8M112
2024Nathan J. Meisgeier –President & Chief Legal Officer$511.2K$1.8M112
2024Eric J. Downing –EVP & Chief Operating Officer$402.3K$1.6M112
2024Daragh P. Mahon –EVP & Chief Information Officer$403.5K$1.4M112
2024Christopher D. Wikoff –EVP, Treasurer & Chief Financial Officer$516.2K$1.4M112
2023Derek J. Leathers –Chief Executive Officer$917.3K$5.4M112
2023Christopher D. Wikoff –EVP, Treasurer & Chief Financial Officer$329.4K$1.8M112
2023Nathan J. Meisgeier –President & Chief Legal Officer$421.9K$1.1M112

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.10,405,606$453.8M0.0%+1,563,170
Dimensional Fund Advisors LP3,835,957$167.3M0.0%+41,205
Fmr LLC3,765,725$164.2M0.0%−1,042,300
Vanguard Portfolio Management LLC3,724,473$162.4M0.0%+198,083
American Century Companies Inc3,048,390$132.9M0.1%+361,624
Deprince Race & Zollo Inc2,991,056$130.4M2.2%−63,961
Vanguard Capital Management LLC2,702,777$117.9M0.0%+102,883
State Street Corp2,637,086$115.0M0.0%+79,075
First Trust Advisors LP2,113,286$92.2M0.1%+192,134
Victory Capital Management Inc1,995,207$87.0M0.0%−361,767
Jacobs Levy Equity Management, Inc1,717,200$74.9M0.3%+607,877
Goldman Sachs Group Inc1,628,327$71.0M0.0%+1,329,323
Geode Capital Management, LLC1,605,697$70.0M0.0%+102,479
Invesco Ltd.1,518,926$66.2M0.0%+22,091
Maple Rock Capital Partners Inc.1,366,167$59.6M1.2%+812,800
Charles Schwab Investment Management Inc1,317,514$57.5M0.0%−135,919
Allianz Asset Management GmbH1,113,218$48.5M0.1%−4,104
Ameriprise Financial Inc874,870$38.2M0.0%+102,080
Nomura Asset Management International Inc.873,270$38.1M0.1%+89,306
Russell Investments Group, Ltd.872,522$38.1M0.0%+8,893
Wellington Management Group Llp821,046$35.8M0.0%−1,131,093
Millennium Management LLC777,971$33.9M0.0%−54,818
Arrowstreet Capital, Limited Partnership750,138$32.7M0.0%+239,291
Qube Research & Technologies Ltd695,313$30.3M0.0%+597,589
UBS Group AG641,093$28.0M0.0%+176,654

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Werner Enterprises is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARWERNER ENTERPRISES INC2
  • CIK0000793074
  • Employer ID (EIN)47-064838618
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
  • Incorporated inNebraska18
  • Fiscal year endsDecember 312
  • Industry code (SIC)4213 Trucking (No Local)2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business address14507 Frontier Road, Omaha, NE 681382
  • Mailing addressP.O. Box 45308, Omaha, NE 681452
  • Phone40289566402
  • Shares outstanding59,977,156 as of Jul 31, 202616
  • Public float$1.6B as of Jun 30, 202518
  • AuditorKPMG LLP, Omaha, NE PCAOB ID 185; it also attests to the company’s internal control over financial reporting18
  • On EDGAR sinceJan 14, 19942
  • Filings1,652 in all: 4 (782), 8-K (335), 5 (128), 10-Q (100), SC 13G/A (95), 3 (40), DEF 14A (33), SC 13G (33)2
    All 29 form types

    10-K (28), ARS (13), SCHEDULE 13G (8), UPLOAD (8), SCHEDULE 13G/A (7), 10-K405 (5), PRE 14A (5), 144 (4), 8-K/A (4), CORRESP (4), DEFA14A (4), S-8 (3), S-8 POS (3), 10-K/A (2), 4/A (2), 10-C (1), 424B3 (1), 424B5 (1), FWP (1), PRER14A (1), S-3ASR (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2026
    Quarterly report (10-Q) Aug 7, 2026
    Proxy statement (DEF 14A) Mar 31, 2026
    Latest 8-K (8-K) Oct 8, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 Par ValueWERNThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).18

Risk factors and legal proceedings

The risks Werner Enterprises names in Item 1A of its 10-K filed Feb 26, 2026: 16 risks under these headings, as written.18

  • Risks Related to our Business and Industry
  • Labor and employment matters, including difficulty in recruiting and retaining experienced drivers, recent driver training school graduates and independent contractors, could impact our results of operations and financial condition.
  • Increases in fuel prices and shortages of fuel can have a material adverse effect on the results of operations and profitability.
  • We operate in a highly competitive industry, which may limit growth opportunities and reduce profitability.
  • The seasonal shipping pattern generally experienced in the trucking industry may affect our periodic results during traditional slower shipping periods and winter months.
  • We depend on key customers, the loss or financial failure of which may have a material adverse effect on our operations and profitability.
  • We depend on the services of third-party capacity providers, the availability of which could affect our profitability and limit growth in our Werner Logistics segment.
  • If we cannot effectively manage the challenges associated with doing business internationally, our revenues and profitability may suffer.
  • We rely on the services of key personnel, the loss of which could impact our future success.
  • Difficulty in obtaining, or increased costs of, materials, equipment, goods, and services from our vendors and suppliers could adversely affect our business.
  • We use our information systems extensively for day-to-day operations, and disruption or failure of our technology infrastructure or of third-party systems or services integrated therein, or a breach of our systems, networks or processes, or those of any vendor that maintains or accesses our data, could have a material adverse effect on our business.
  • A public health crisis, such as an epidemic, pandemic, or similar outbreak may have an adverse impact on our business, as well as the operations of our customers and suppliers.
The other 5 risks
  • Risks Related to Legal, Regulatory and Environmental, Social and Governance (“ESG”) Matters
  • We operate in a highly regulated industry. Compliance with changing transportation, emission, fuel efficiency or other regulations, or violations of existing or future regulations, could adversely affect our operations and profitability.
  • Scrutiny from investors and other stakeholders regarding ESG related matters may have a negative impact on our business.
  • Risks Related to Financial Matters
  • Our earnings could be reduced by increases in the number of insurance claims, cost per claim, costs of insurance premiums, availability of insurance coverage, or a significant uninsured liability.
  • Decreased demand for our used revenue equipment could result in lower unit sales and resale values.

Legal proceedings

We are a party subject to routine litigation incidental to our business, primarily involving claims for bodily injury, property damage, cargo and workers’ compensation incurred in the transportation of freight. For more information about our insurance program and legal proceedings, see Item 1A, Risk Factors – “Our earnings could be reduced by increases in the number of insurance claims, cost per claim, costs of insurance premiums, availability of insurance coverage, or a significant uninsured liability”, Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations – Critical Accounting Estimates, and Item 8, Financial Statements and Supplementary Data – Note 1 and Note 12.

The opening of Item 3, Legal Proceedings.18

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