Trade Werner Enterprises Inc - WERN CFD

Werner Company profile

About Werner Enterprises, Inc.

Werner Enterprises, Inc. is a transportation and logistics company. The Company is engaged in transporting truckload shipments of general commodities in both interstate and intrastate commerce. Its segments include Truckload Transportation Services (TTS) and Werner Logistics. The TTS segment consists of two operating units, Dedicated and One-Way Truckload. Dedicated unit provides truckload services dedicated to a specific customer, generally for a retail distribution center or manufacturing facility, utilizing either dry van or specialized trailers. One-Way Truckload unit consists of various operating fleets, such as the medium-to-long-haul van (Van), the expedited, the regional short-haul (Regional) and Temperature Controlled fleet. The Werner Logistics segment includes four operating units that provide non-trucking services to its customers, which includes Truckload Logistics, the intermodal, Werner Global Logistics international (WGL) and Werner Final Mile (Final Mile).

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Werner Enterprises, Inc. revenues increased 15% to $2.73B. Net income increased 53% to $259.1M. Revenues reflect Truckload Transportation Services segment increase of 11% to $2.05B, Werner Logistics segment increase of 32% to $622.5M, Other segment increase of 15% to $66.1M, United States segment increase of 18% to $2.53B, Mexico segment increase of 5% to $156.4M.

Equity composition

Common Stock $.01 Par, 03/11, 200M auth., 80,533,536 issd., less 7,764,871 shs. in Treas. @ $146.3M. Insiders & strategic holders own 37.97%. PO: 10/93, 3M shs. @ $23.75 by Alex. Brown & Sons. 3/02, 4-for-3 stock split; 10/03 & 5/98, 5-for-4 stock splits; 8/96, 3-for-2 stock split; 9/92, 2-for-1 stock split.