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Side-by-side financial comparison of Magnera Corp (MAGN) and WERNER ENTERPRISES INC (WERN). Click either name above to swap in a different company.

WERNER ENTERPRISES INC is the larger business by last-quarter revenue ($808.6M vs $792.0M, roughly 1.0× Magnera Corp). WERNER ENTERPRISES INC runs the higher net margin — -0.5% vs -4.3%, a 3.8% gap on every dollar of revenue. On growth, WERNER ENTERPRISES INC posted the faster year-over-year revenue change (13.6% vs 12.8%). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 4.3%).

Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.

MAGN vs WERN — Head-to-Head

Bigger by revenue
WERN
WERN
1.0× larger
WERN
$808.6M
$792.0M
MAGN
Growing faster (revenue YoY)
WERN
WERN
+0.7% gap
WERN
13.6%
12.8%
MAGN
Higher net margin
WERN
WERN
3.8% more per $
WERN
-0.5%
-4.3%
MAGN
Faster 2-yr revenue CAGR
MAGN
MAGN
Annualised
MAGN
54.9%
4.3%
WERN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MAGN
MAGN
WERN
WERN
Revenue
$792.0M
$808.6M
Net Profit
$-34.0M
$-4.3M
Gross Margin
12.2%
Operating Margin
1.8%
75.5%
Net Margin
-4.3%
-0.5%
Revenue YoY
12.8%
13.6%
Net Profit YoY
43.3%
57.8%
EPS (diluted)
$-0.95
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAGN
MAGN
WERN
WERN
Q1 26
$808.6M
Q4 25
$792.0M
$719.9M
Q3 25
$752.2M
Q2 25
$839.0M
$734.1M
Q1 25
$824.0M
$693.4M
Q4 24
$702.0M
$736.6M
Q3 24
$332.1M
$726.3M
Q2 24
$556.0M
$742.7M
Net Profit
MAGN
MAGN
WERN
WERN
Q1 26
$-4.3M
Q4 25
$-34.0M
$-27.8M
Q3 25
$-20.6M
Q2 25
$-18.0M
$44.1M
Q1 25
$-41.0M
$-10.1M
Q4 24
$-60.0M
$11.9M
Q3 24
$-15.2M
$6.6M
Q2 24
$19.0M
$9.5M
Gross Margin
MAGN
MAGN
WERN
WERN
Q1 26
Q4 25
12.2%
Q3 25
Q2 25
10.7%
Q1 25
10.7%
Q4 24
10.1%
Q3 24
10.7%
Q2 24
6.6%
Operating Margin
MAGN
MAGN
WERN
WERN
Q1 26
75.5%
Q4 25
1.8%
-5.0%
Q3 25
-1.7%
Q2 25
1.5%
9.0%
Q1 25
0.5%
-0.8%
Q4 24
-3.1%
1.8%
Q3 24
0.9%
2.4%
Q2 24
3.1%
2.6%
Net Margin
MAGN
MAGN
WERN
WERN
Q1 26
-0.5%
Q4 25
-4.3%
-3.9%
Q3 25
-2.7%
Q2 25
-2.1%
6.0%
Q1 25
-5.0%
-1.5%
Q4 24
-8.5%
1.6%
Q3 24
-4.6%
0.9%
Q2 24
3.4%
1.3%
EPS (diluted)
MAGN
MAGN
WERN
WERN
Q1 26
$-0.07
Q4 25
$-0.95
$-0.46
Q3 25
$-0.34
Q2 25
$-0.51
$0.72
Q1 25
$-1.15
$-0.16
Q4 24
$-1.69
$0.19
Q3 24
$-0.33
$0.11
Q2 24
$0.60
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAGN
MAGN
WERN
WERN
Cash + ST InvestmentsLiquidity on hand
$264.0M
$61.5M
Total DebtLower is stronger
$1.9B
$878.2M
Stockholders' EquityBook value
$1.0B
$1.4B
Total Assets
$3.9B
$3.3B
Debt / EquityLower = less leverage
1.86×
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAGN
MAGN
WERN
WERN
Q1 26
$61.5M
Q4 25
$264.0M
$59.9M
Q3 25
$51.0M
Q2 25
$276.0M
$51.4M
Q1 25
$282.0M
$52.0M
Q4 24
$215.0M
$40.8M
Q3 24
$230.0M
$54.7M
Q2 24
$33.9M
$70.4M
Total Debt
MAGN
MAGN
WERN
WERN
Q1 26
$878.2M
Q4 25
$1.9B
$752.0M
Q3 25
$725.0M
Q2 25
$2.0B
$725.0M
Q1 25
$2.0B
$640.0M
Q4 24
$2.0B
$650.0M
Q3 24
$2.0B
$690.0M
Q2 24
$877.4M
$670.0M
Stockholders' Equity
MAGN
MAGN
WERN
WERN
Q1 26
$1.4B
Q4 25
$1.0B
$1.4B
Q3 25
$1.4B
Q2 25
$1.1B
$1.4B
Q1 25
$1.1B
$1.4B
Q4 24
$1.1B
$1.5B
Q3 24
$2.1B
$1.4B
Q2 24
$2.4B
$1.5B
Total Assets
MAGN
MAGN
WERN
WERN
Q1 26
$3.3B
Q4 25
$3.9B
$2.9B
Q3 25
$3.0B
Q2 25
$4.1B
$2.9B
Q1 25
$4.1B
$3.0B
Q4 24
$4.0B
$3.1B
Q3 24
$2.8B
$3.1B
Q2 24
$1.5B
$3.1B
Debt / Equity
MAGN
MAGN
WERN
WERN
Q1 26
0.65×
Q4 25
1.86×
0.55×
Q3 25
0.52×
Q2 25
1.77×
0.51×
Q1 25
1.83×
0.45×
Q4 24
1.80×
0.45×
Q3 24
0.91×
0.48×
Q2 24
0.37×
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAGN
MAGN
WERN
WERN
Operating Cash FlowLast quarter
$2.0M
Free Cash FlowOCF − Capex
$-13.0M
FCF MarginFCF / Revenue
-1.6%
Capex IntensityCapex / Revenue
1.9%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAGN
MAGN
WERN
WERN
Q1 26
Q4 25
$2.0M
$62.3M
Q3 25
$44.1M
Q2 25
$0
$46.0M
Q1 25
$65.0M
$29.4M
Q4 24
$-58.0M
$71.0M
Q3 24
$12.2M
$61.0M
Q2 24
$38.0M
$109.1M
Free Cash Flow
MAGN
MAGN
WERN
WERN
Q1 26
Q4 25
$-13.0M
$-23.5M
Q3 25
$-8.6M
Q2 25
$-42.3M
Q1 25
$42.0M
$5.9M
Q4 24
$-74.0M
$-9.8M
Q3 24
$3.6M
$-73.4M
Q2 24
$23.0M
$-31.2M
FCF Margin
MAGN
MAGN
WERN
WERN
Q1 26
Q4 25
-1.6%
-3.3%
Q3 25
-1.1%
Q2 25
-5.8%
Q1 25
5.1%
0.8%
Q4 24
-10.5%
-1.3%
Q3 24
1.1%
-10.1%
Q2 24
4.1%
-4.2%
Capex Intensity
MAGN
MAGN
WERN
WERN
Q1 26
0.2%
Q4 25
1.9%
11.9%
Q3 25
7.0%
Q2 25
1.5%
12.0%
Q1 25
2.8%
3.4%
Q4 24
2.3%
11.0%
Q3 24
2.6%
18.5%
Q2 24
2.7%
18.9%
Cash Conversion
MAGN
MAGN
WERN
WERN
Q1 26
Q4 25
Q3 25
Q2 25
1.04×
Q1 25
Q4 24
5.97×
Q3 24
9.30×
Q2 24
2.00×
11.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MAGN
MAGN

Other$451.0M57%
United States And Canada$341.0M43%

WERN
WERN

Segment breakdown not available.

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