Forensic Analysis · General / Diversified · as of Jun 27, 2026
WERNER ENTERPRISES INC (WERN)
A forensic read on WERNER ENTERPRISES INC built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Safe
Financial health
3.8
Altman Z-score
Clean
Earnings quality
2
Forensic signals
-0.6%
ROE
$2.6B
Market cap
1.63%
Dividend yield
WERNER ENTERPRISES INC earns a C (Mixed — selective) forensic quality grade, and its Altman Z-score is 3.8, placing it in the Safe zone. 2 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
0%Return on invested capital.Return on invested capital is 0% and slipping from 9% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
-91%Dividend — cut.The payout was CUT ~91% in FY2020 (from FY2019). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies — weigh the cut when judging reliability.
Key fundamentals
Net Margin-0.5%
Debt / Equity0.55x
Free Cash Flow$-68.5M
Latest Revenue$2.97B
Return on Equity-1.1%
Revenue Growth YoY-1.8%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on WERNER ENTERPRISES INC:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about WERN's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown