Werner Enterprises Inc (WERN)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 34,233 | 45,915 | 63,054 | 83,470 | 112,382 | 148,975 | 180,322 | 222,731 | 241,256 | 258,955 | 268,993 | 268,735 | 261,478 | 244,169 | 225,412 | 192,512 | 169,078 | 157,018 | 149,730 | 153,916 |
| Total stockholders’ equity | US$ in thousands | 1,455,930 | 1,448,560 | 1,455,230 | 1,518,000 | 1,528,340 | 1,512,220 | 1,497,070 | 1,470,540 | 1,443,640 | 1,386,560 | 1,343,870 | 1,341,460 | 1,327,550 | 1,306,560 | 1,296,580 | 1,227,730 | 1,195,040 | 1,180,140 | 1,136,390 | 1,102,040 |
| ROE | 2.35% | 3.17% | 4.33% | 5.50% | 7.35% | 9.85% | 12.04% | 15.15% | 16.71% | 18.68% | 20.02% | 20.03% | 19.70% | 18.69% | 17.39% | 15.68% | 14.15% | 13.31% | 13.18% | 13.97% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $34,233K ÷ $1,455,930K
= 2.35%
The return on equity (ROE) of Werner Enterprises Inc has shown a fluctuating trend over the past five years, from March 31, 2020 to December 31, 2024. The ROE has generally increased from 13.97% in March 2020 to a peak of 20.03% in March 2022. This indicates that the company has been effectively utilizing its shareholders' equity to generate profits during this period.
However, the ROE started declining after reaching its peak in March 2022, dropping to 2.35% by December 31, 2024. This significant decline in ROE suggests that the company's profitability relative to its equity has decreased substantially in the most recent quarters.
It is crucial for investors and stakeholders to further investigate the reasons behind this declining trend in ROE, as it may indicate potential issues with the company's financial performance, capital structure, or overall operational efficiency. Additional analysis and scrutiny of Werner Enterprises Inc's financial statements and operations are necessary to determine the factors contributing to the decreasing ROE and to develop strategies for improvement.
Peer comparison
Dec 31, 2024