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
Download Data
Historic 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% |