Werner Enterprises (WERN) Gross Margin (2010 - 2022)
Werner Enterprises (WERN) posted Gross Margin of 98.29% for Q3 2022, little changed sequentially from 98.25% in Q2 2022, and down 31.0% YoY from 142.45% in Q3 2021.
Werner Enterprises (WERN) Gross Margin (2010 - 2022) Analysis & Trends
Werner Enterprises has reported Gross Margin for 13 years, with the latest figure at 98.29% in Q3 2022.
- Quarterly Gross Margin fell 31.0% year-over-year to 98.29% in Q3 2022, while the trailing twelve-month figure through Sep 2022 was 98.18% (down 82.0% YoY) and the FY2021 annual result came in at 98.56%, down 88.0% from the prior year.
- Gross Margin held at 98.29% in Q3 2022 per WERN's latest filing, from 98.25% in the prior quarter.
- Over five years, Gross Margin peaked at 100.16% in Q4 2019 and troughed at 98.0% in Q4 2021.
- A 5-year average of 99.21% and a median of 99.39% in 2018 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2018 and 2021: Gross Margin jumped 77 bps in 2018, then sank 172 bps in 2021.
- Over 5 years, Gross Margin stood at 99.39% in 2018, then increased by 1 bps to 100.16% in 2019, then fell by 0 bps to 99.72% in 2020, then declined by 2 bps to 98.0% in 2021, then gained by 0 bps to 98.29% in 2022.
- According to Business Quant data, Gross Margin over the past three periods registered 98.29%, 98.25%, and 98.16% for Q3 2022, Q2 2022, and Q1 2022 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.49 Bn | 42.21 Bn | 1.52 Bn | 97.83% |
| 2 | Xpo | 23.08 Bn | 22.78 Bn | 1.89 Bn | 80.30% |
| 3 | TFI International | 11.47 Bn | 11.26 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.33 Bn | 11.14 Bn | 1.77 Bn | 84.63% |
| 5 | Saia | 9.61 Bn | 9.53 Bn | - | - |
| 6 | Schneider National | 6.15 Bn | 5.63 Bn | 1.00 Bn | 63.86% |
| 7 | Rxo | 3.68 Bn | 3.66 Bn | 302.00 Mn | 17.02% |
| 8 | Arcbest | 3.03 Bn | 2.86 Bn | 1.14 Bn | 95.93% |
| 9 | Werner Enterprises | 2.28 Bn | 2.23 Bn | - | - |
| 10 | Marten Transport | 1.20 Bn | 1.09 Bn | 184.72 Mn | 82.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 98.29% |
| Jun 30, 2022 | 98.25% |
| Mar 31, 2022 | 98.16% |
| Dec 31, 2021 | 98.00% |
| Sep 30, 2021 | 98.60% |
| Jun 30, 2021 | 98.82% |
| Mar 31, 2021 | 98.93% |
| Dec 31, 2020 | 99.72% |
| Sep 30, 2020 | 99.48% |
| Jun 30, 2020 | 99.04% |
| Mar 31, 2020 | 99.47% |
| Dec 31, 2019 | 100.16% |
| Sep 30, 2019 | 99.77% |
| Jun 30, 2019 | 99.76% |
| Mar 31, 2019 | 99.96% |
| Dec 31, 2018 | 99.39% |
| Sep 30, 2018 | 99.97% |
| Jun 30, 2018 | 99.29% |
| Mar 31, 2018 | 99.85% |
| Dec 31, 2017 | 99.03% |