Werner Enterprises, Inc (WERN) Fair Value & Analysis

Industrials · US · Market cap $2.8B

Below-average quality, and screening another 56% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case ($26.36). The favourable scenario is already priced in.
• Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range $22.87 – $47.29 · fair‑value band $16.48 – $26.36 · the $37.51 price screens above the $16.48 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Werner Enterprises, Inc (WERN) currently trades at $37.51, while our model-based Fair Value estimate is $16.48, implying the stock looks roughly 56.1% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Werner Enterprises, Inc generated revenue of $3.1B at a net margin of -0.3%. Revenue grew 13.6% year over year. It earns a return on equity of -1.2%. Net debt stands at $692M. Fundamentals as of Jul 18, 2026

Our scenario range runs from $16.48 (bear case) to $26.36 (bull case); at $37.51, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 14% below its 52-week high and 64% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -69% fair-value upside, at -56%, WERN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Widest divergence: Asset-Based ($15.23) versus Dividend Discount ($7.75). Highest evidence: ROIC Compounder (72).

Key figures & financial health

Quality Score breakdown

About the company

Werner Enterprises, Inc., together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, Canada, and internationally.

Full company description

Werner Enterprises, Inc., together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, Canada, and internationally. The company operates a fleet of medium-to-long-haul vans that transport various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet, which provides time-sensitive truckload services using driver teams; a regional short-haul fleet for truckload van service; and temperature-controlled fleet, which offers truckload services for temperature-sensitive products using temperature-controlled trailers to retail distribution center or manufacturing facility, utilizing either dry van or specialized trailers. It also provides non-asset-based transportation and logistics services, comprising truckload logistics, which uses contracted carriers to complete shipments for brokerage customers and freight management customers, which it offers logistics management services and solutions; intermodal, which offers rail transportation through alliances with rail and drayage providers as an alternative to truck transportation; and werner final mile offers residential and commercial deliveries of large or heavy items using third-party agents and independent contractors. In addition, the company sells used trucks and trailers; and trades used trucks to original equipment manufacturers. It transports retail store merchandise, consumer products, food and beverage products and manufactured products. As of December 31, 2025, it had a fleet of 7,100 trucks, which included 6,785 that were company-operated, as well as 315 owned and operated by independent contractors; 28,780 trailers that comprised dry vans, flatbeds, and temperature-controlled, and other trailers; and 27 drayage company trucks and 170 Final Mile delivery trucks. Werner Enterprises, Inc. was founded in 1956 and is headquartered in Omaha, Nebraska.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Werner Enterprises, Inc reported revenue of $3.0B in FY2025 versus $2.7B in FY2021, a compound +2.1%/yr. Reported net income was −$14.4M in FY2025.

WERN screens 56% overvalued. Compare with Old Dominion Freight Line, Inc →

Peer Group

Trucking · 47 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Valuation Multiples vs Trucking median · lower = cheaper

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0: the price sits above our fair-value range.

Insider activity: 46/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Trucking stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Explore undervalued stocks

More undervalued Industrials stocks →

Frequently asked questions

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.