Werner Enterprises WERN
NASDAQ WERN
$38.89 -0.93 (-2.34%)
As of: Sep 9, 2026 · 3:59 PM EDT

Werner Enterprises (WERN) Gross Margin (2010 - 2022)

Werner Enterprises' (WERN) quarterly Gross Margin came in at 98.29% in Q3 2022, down 31.0% year-over-year from 142.45% in Q3 2021, and little changed quarter-over-quarter from 98.25% in Q2 2022.

Analysis

Werner Enterprises (WERN) Gross Margin (2010 - 2022) Analysis & Trends

Werner Enterprises has disclosed Gross Margin across 13 years of filings, most recently posting 98.29% for Q3 2022.

  • In Q3 2022, Gross Margin fell 31.0% year-over-year to 98.29%; the TTM figure through Sep 2022 stood at 98.18% (down 82.0% YoY), while the FY2021 annual figure was 98.56%, down 88.0% from the prior year.
  • Gross Margin came in at 98.29% for Q3 2022 at Werner Enterprises, roughly flat from 98.25% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.16% in Q4 2019 to a low of 98.0% in Q4 2021.
  • Average Gross Margin over 5 years is 99.21%, with a median of 99.39% recorded in 2018.
  • Year-over-year, Gross Margin soared 77 bps in 2018 and plunged 172 bps in 2021.
  • Over 5 years, Gross Margin stood at 99.39% in 2018, then climbed by 1 bps to 100.16% in 2019, then dropped by 0 bps to 99.72% in 2020, then slipped by 2 bps to 98.0% in 2021, then increased by 0 bps to 98.29% in 2022.
  • Per Business Quant data, the three most recent Gross Margin figures were 98.29% in Q3 2022, 98.25% in Q2 2022, and 98.16% in Q1 2022.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Old Dominion Freight Line 37.71 Bn 37.42 Bn 1.52 Bn 97.83%
2 Hunt J B Transport Services 25.19 Bn 25.19 Bn - -
3 Xpo 21.57 Bn 21.27 Bn 1.89 Bn 80.30%
4 FedEx Freight Holding Company 18.58 Bn 18.58 Bn - -
5 Knight-Swift Transportation Holdings 11.20 Bn 11.02 Bn 1.77 Bn 84.63%
6 TFI International 10.95 Bn 10.74 Bn - -
7 Saia 9.28 Bn 9.19 Bn - -
8 Schneider National 5.92 Bn 5.39 Bn 1.00 Bn 63.86%
9 Arcbest 3.05 Bn 2.88 Bn 1.14 Bn 95.93%
10 Werner Enterprises 2.33 Bn 2.27 Bn - -
Historic Data

Historic Data

Download Data
DateValue
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%