Werner Enterprises, Inc.

WERNNASDAQIndustrials● Active

$43.46

+$0.23(+0.53%)

Market Cap$2.6B

P/E Ratio—

52W High$44.15

52W Low$23.06

Avg Volume1.1M

Open$43.47

Beta1.27

Free Cash Flow Financials Revenue

Werner Enterprises, Inc. (WERN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

WERN · free cash flow · updated Jun 8, 2026

Core FCF metrics

WERN · FCF · TTM · margin & CAGR

Free cash flow was −$68.5M for FY2025 (fiscal year ending 2025-12-31), up 18.5% year-over-year The FCF margin was -2.3%.

FY2025 Free Cash Flow−$68.5M▲ +18.5% YoY

Trailing 12M (TTM)−$43.7Mtrailing 4 quarters sum

FCF Margin-2.3%−$68.5M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

WERN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$181.8M(250M)−$68.5M▲ +18.5%-2.3%

FY2024$329.7M(414M)−$84.1M▲ +32.4%-2.8%

FY2023$474.4M(599M)−$124.4M▼ 112.5%-3.8%

FY2022$448.7M(507M)−$58.5M▼ 53.9%-1.8%

FY2021$332.8M(371M)−$38.0M▼ 215.8%-1.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

WERN · P/FCF · FCF yield · FCF per share

Werner Enterprises, Inc. (WERN) reported negative free cash flow of −$0.07B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

WERN · cash flow statement · operating / investing / financing

For FY2025, Werner Enterprises, Inc. generated $181.8M in operating cash flow and spent 250M in capital expenditures, yielding −$68.5M in free cash flow.

Operating Activities

+$181.8M

Cash from core business operations

2025-12-31

Investing Activities

−$171.6M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$7.3M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($181.8M) − |CapEx| (250M) = FCF (−$68.5M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

WERN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Werner Enterprises, Inc.YOU

WERN

−$68.5M+18.5%-2.3%

Loss

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Werner Enterprises, Inc. (WERN) reported free cash flow of −$68.5M for FY2025 (fiscal year ending 2025-12-31), up 18.5% year-over-year. The FCF margin was -2.3%.

Based on available data, Werner Enterprises, Inc. has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $32.8M in FY2020.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

WERN free cash flow · 8 questions

Werner Enterprises, Inc. free cash flow was −$68.5M for FY2025, up 18.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$43.7M.

WERN free cash flowWERN FCFWERN FCF 2025WERN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Werner Enterprises, Inc. · Werner Enterprises, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026