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Werner Enterprises Gross Margin %

: 18.01% (As of Jun. 2021)
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Gross Margin % is calculated as gross profit divided by its revenue. Werner Enterprises's Gross Profit for the three months ended in Jun. 2021 was $117 Mil. Werner Enterprises's Revenue for the three months ended in Jun. 2021 was $650 Mil. Therefore, Werner Enterprises's Gross Margin % for the quarter that ended in Jun. 2021 was 18.01%.


The historical rank and industry rank for Werner Enterprises's Gross Margin % or its related term are showing as below:

NAS:WERN' s Gross Margin % Range Over the Past 10 Years
Min: 14.93   Med: 16.58   Max: 19.43
Current: 19.12

14.93
19.43

During the past 13 years, the highest Gross Margin % of Werner Enterprises was 19.43%. The lowest was 14.93%. And the median was 16.58%.

NAS:WERN's Gross Margin % is ranked higher than
64% of the 148 Companies
in the Transportation industry.

( Industry Median: 48.30 vs. NAS:WERN: 19.12 )

Werner Enterprises had a gross margin of 18.01% for the quarter that ended in Jun. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Werner Enterprises was 1.50% per year.


Werner Enterprises Gross Margin % Historical Data

The historical data trend for Werner Enterprises's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Werner Enterprises Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.15 16.29 17.01 17.35 19.43

Werner Enterprises Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.61 19.70 21.94 16.90 18.01

Competitive Comparison

For the Trucking subindustry, Werner Enterprises's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Werner Enterprises Gross Margin % Distribution

For the Transportation industry and Industrials sector, Werner Enterprises's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Werner Enterprises's Gross Margin % falls into.



Werner Enterprises Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Werner Enterprises's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=460.9 / 2372.178
=(Revenue - Cost of Goods Sold) / Revenue
=(2372.178 - 1911.283) / 2372.178
=19.43 %

Werner Enterprises's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=117 / 649.814
=(Revenue - Cost of Goods Sold) / Revenue
=(649.814 - 532.797) / 649.814
=18.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Werner Enterprises  (NAS:WERN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Werner Enterprises had a gross margin of 18.01% for the quarter that ended in Jun. 2021 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Werner Enterprises Gross Margin % Related Terms

Thank you for viewing the detailed overview of Werner Enterprises's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Werner Enterprises Business Description

Werner Enterprises logo
Industry
Industrials » Transportation NAICS : 484121 SIC : 4213
Traded in Other Exchanges
Address
14507 Frontier Road, Post Office Box 45308, Omaha, NE, USA, 68145-0308
Werner Enterprises ranks among the top five full-truckload carriers by revenue, with a fleet of more than 7,800 tractors, including owner operators. It derives about 80% of its top line from a wide array of full-truckload shipping services (including dedicated contract carriage); roughly 20% comes from non-asset-based logistics operations, including truck brokerage.
Executives
Leathers Derek J director, officer: President, CEO & Vice Chairman PO BOX 45308 OMAHA NE 68145-0308
Gallagher Michael L director 2575 E. CAMELBACK RD. PHOENIX AZ 85016-9225
Holmes Jack A director P.O. BOX 45308 OMAHA NE 68145
Callahan Craig T officer: Exec VP-Chief Commercial Offcr P.O. BOX 45308 OMAHA NE 68145
Mahon Daragh P officer: Executive Vice President & CIO P.O. BOX 45308 OMAHA NE 68145
Werner Clarence L director, other: Chairman PO BOX 45308 OMAHA NE 68145
Nordlund H Marty officer: Sr. Exec VP and COO PO BOX 45308 OMAHA NE 68145-0308
Johnson James Lynn officer: Exec VP - Chief Acctg Officer PO BOX 45308 OMAHA NE 68145-0308
Duren Diane K director PO BOX 45308 OMAHA NE 68145
Peetz Dwaine J Jr director P.O. BOX 45308 OMAHA NE 68145
Bird Kenneth M director PO BOX 45308 OMAHA NE 68145-0308
Timmerman Gerald H director PO BOX 45308 OMAHA NE 68145-0308
Jung Patrick J director PO BOX 45308 OMAHA NE 68145-0308
Schelble Jim S officer: Exec VP & Chief Admin Officer C/O WERNER ENTERPRISES INC PO BO X45308 OMAHA NE 68415-0308
Steele John J officer: Exec VP - Treasurer & CFO PO BOX 45308 OMAHA NE 68145-0308

Werner Enterprises Headlines

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