Werner Enterprises Inc (WERN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 34,233 | 112,382 | 241,256 | 259,052 | 169,078 |
| Revenue | US$ in thousands | 3,030,260 | 3,283,500 | 3,289,980 | 2,734,370 | 2,372,180 |
| Net profit margin | 1.13% | 3.42% | 7.33% | 9.47% | 7.13% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $34,233K ÷ $3,030,260K
= 1.13%
Net profit margin is a key financial ratio that indicates the percentage of revenue that translates into net income after deducting all expenses. Analyzing Werner Enterprises Inc's net profit margin over the past five years reveals fluctuations in the company's profitability.
As of December 31, 2020, Werner Enterprises Inc reported a net profit margin of 7.13%, showing that approximately 7.13% of its revenue converted into net income. The following year, the net profit margin increased to 9.47%, reflecting improved profitability. However, by December 31, 2022, the margin decreased to 7.33%, indicating a slight decline in profitability.
In the subsequent years, the net profit margin saw a significant drop. By December 31, 2023, the margin plummeted to 3.42%, suggesting challenges in cost management or revenue generation. The decline continued into December 31, 2024, with a net profit margin of 1.13%, signaling a substantial decrease in profitability.
Overall, the trend in Werner Enterprises Inc's net profit margin indicates variability in the company's ability to generate net income relative to its revenue. It is important for the company to analyze the factors contributing to these fluctuations and implement strategies to improve profitability for sustained financial health and performance.
Peer comparison
Dec 31, 2024