Financial Statements — WERN
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.06 | 0.04 | 0.05 | 0.13 | 0.13 | 0.05 | 0.13 | 0.05 | 0.19 | 0.08 |
| Accounts Receivable | 0.49 | 0.49 | 0.44 | 0.42 | 0.39 | 0.38 | 0.41 | 0.42 | 0.45 | 0.44 | 0.46 | 0.49 | 0.48 | 0.45 | 0.43 | 0.39 | 0.35 |
| Inventory | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Assets | 0.68 | 0.70 | 0.60 | 0.56 | 0.54 | 0.55 | 0.58 | 0.60 | 0.64 | 0.61 | 0.71 | 0.73 | 0.77 | 0.68 | 0.57 | 0.67 | 0.53 |
| Property, Plant & Equipment | 1.83 | 1.90 | 1.86 | 1.88 | 1.87 | 2.02 | 1.96 | 1.93 | 1.99 | 1.94 | 1.85 | 1.72 | 1.67 | 1.61 | 1.61 | 1.53 | 1.54 |
| Goodwill | 0.14 | 0.14 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.07 | 0.07 | 0.07 | 0.04 | -- | -- |
| Intangible Assets | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 | 0.05 | 0.05 | 0.05 | 0.05 | -- | -- |
| Total Non-current Assets* | 2.48 | 2.55 | 2.37 | 2.39 | 2.45 | 2.57 | 2.52 | 2.48 | 2.55 | 2.50 | 2.41 | 2.13 | 2.08 | 1.97 | 1.91 | 1.72 | 1.70 |
| Total Assets | 3.16 | 3.26 | 2.97 | 2.95 | 2.99 | 3.12 | 3.09 | 3.08 | 3.19 | 3.11 | 3.12 | 2.86 | 2.85 | 2.65 | 2.48 | 2.38 | 2.23 |
| Accounts Payable | 0.12 | 0.14 | 0.15 | 0.13 | 0.11 | 0.16 | 0.14 | 0.14 | 0.13 | 0.12 | 0.13 | 0.12 | 0.13 | 0.11 | 0.09 | 0.09 | 0.11 |
| Total Current Liabilities | 0.47 | 0.48 | 0.37 | 0.33 | 0.32 | 0.36 | 0.34 | 0.31 | 0.33 | 0.32 | 0.30 | 0.30 | 0.47 | 0.29 | 0.26 | 0.26 | 0.31 |
| Long-term Debt | 0.79 | 0.88 | 0.73 | 0.73 | 0.64 | 0.69 | 0.67 | 0.60 | 0.69 | 0.64 | 0.69 | 0.57 | 0.44 | 0.42 | 0.34 | -- | -- |
| Total Non-current Liabilities* | 1.31 | 1.39 | 1.17 | 1.15 | 1.19 | 1.28 | 1.26 | 1.21 | 1.31 | 1.25 | 1.30 | 1.13 | 1.00 | 0.98 | 0.87 | 0.83 | 0.69 |
| Total Liabilities* | 1.78 | 1.88 | 1.54 | 1.49 | 1.51 | 1.63 | 1.60 | 1.52 | 1.64 | 1.57 | 1.61 | 1.43 | 1.47 | 1.27 | 1.14 | 1.09 | 1.00 |
| Retained Earnings | 1.89 | 1.89 | 1.94 | 1.97 | 1.93 | 1.95 | 1.95 | 1.95 | 1.94 | 1.92 | 1.90 | 1.82 | 1.78 | 1.71 | 1.60 | 1.54 | 1.48 |
| Total Stockholder Equity | 1.36 | 1.35 | 1.40 | 1.42 | 1.44 | 1.45 | 1.46 | 1.52 | 1.51 | 1.50 | 1.47 | 1.39 | 1.34 | 1.34 | 1.31 | 1.30 | 1.23 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 914.31 | 790.04 | 719.86 | 752.21 | 734.08 | 693.37 | 736.62 | 745.70 | 760.80 | 769.08 | 821.95 | 817.74 | 811.10 | 832.71 | 861.49 | 827.61 | 836.28 | 764.61 | 765.22 | 702.89 |
| Operating Income | 16.92 | 4.00 | (35.81) | (13.02) | 66.32 | (5.83) | 13.35 | 17.60 | 19.61 | 15.59 | 37.93 | 37.90 | 47.20 | 53.39 | 88.38 | 76.26 | 74.92 | 83.51 | 98.49 | 71.32 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 7.95 | 8.82 | 8.66 | 8.14 | 7.92 | 5.82 | 2.78 | 1.79 | 1.44 | 1.60 | 1.28 |
| Pretax Income | 7.34 | (5.94) | (44.59) | (21.90) | 59.09 | (13.39) | 12.49 | 8.54 | 12.13 | 9.32 | 30.20 | 30.54 | 40.11 | 46.93 | 80.99 | 73.91 | 97.42 | 72.47 | 101.13 | 86.37 |
| Tax Provision | 2.00 | (1.48) | (9.27) | (0.82) | 15.47 | (3.17) | 0.91 | 2.00 | 2.93 | 3.07 | 6.97 | 7.03 | 10.09 | 11.40 | 19.98 | 17.99 | 23.81 | 17.43 | 23.26 | 21.28 |
| Net Income | 6.35 | (4.26) | (27.79) | (20.57) | 44.06 | (10.10) | 11.89 | 6.57 | 9.47 | 6.31 | 23.57 | 23.70 | 29.88 | 35.22 | 60.17 | 55.05 | 72.29 | 53.75 | 76.77 | 63.76 |
| Basic EPS | 0.11 | (0.07) | (0.46) | (0.34) | 0.72 | (0.16) | 0.19 | 0.11 | 0.15 | 0.10 | 0.37 | 0.37 | 0.47 | 0.56 | 0.95 | 0.87 | 1.12 | 0.82 | 1.16 | 0.94 |
| Diluted EPS | 0.11 | (0.07) | (0.46) | (0.34) | 0.72 | (0.16) | 0.19 | 0.11 | 0.15 | 0.10 | 0.37 | 0.37 | 0.47 | 0.55 | 0.94 | 0.86 | 1.12 | 0.82 | 1.14 | 0.94 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 83.81 | 83.45 | 62.29 | 44.14 | 46.03 | 29.37 | 71.03 | 61.04 | 109.07 | 88.59 | 118.35 | 74.23 | 114.94 | 166.85 | 116.00 | 65.19 | 112.57 | 154.96 | 79.47 | 63.88 |
| Capital Expenditures | 29.02 | 52.79 | 85.81 | 52.70 | 88.34 | 23.51 | 80.80 | 134.47 | 140.30 | 58.24 | 68.70 | 168.77 | 199.55 | 161.76 | 127.35 | 152.57 | 153.71 | 73.63 | 75.36 | 102.50 |
| Free Cash Flow* | 54.78 | 30.66 | (23.52) | (8.55) | (42.32) | 5.86 | (9.77) | (73.42) | (31.23) | 30.35 | 49.65 | (94.54) | (84.60) | 5.08 | (11.35) | (87.38) | (41.13) | 81.33 | 4.11 | (38.62) |
| Investing Cash Flow | 8.20 | (194.00) | (71.81) | (35.84) | (66.29) | 2.37 | (34.98) | (87.06) | (100.00) | (19.41) | (32.89) | (121.73) | (151.09) | (129.23) | (245.59) | (99.07) | (135.14) | (34.54) | (88.39) | (204.30) |
| Financing Cash Flow | (96.89) | 112.10 | 18.24 | (9.09) | 18.69 | (20.54) | (49.29) | 11.35 | 3.00 | (70.77) | (67.09) | 44.22 | (47.96) | (16.23) | 110.58 | 105.39 | (48.96) | (48.98) | 17.80 | (5.98) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Dividends Per Share | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.13 | 0.13 | 0.13 | 0.13 | 0.12 | 0.12 | 0.12 |
