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Side-by-side financial comparison of WERNER ENTERPRISES INC (WERN) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.

WERNER ENTERPRISES INC is the larger business by last-quarter revenue ($808.6M vs $517.5M, roughly 1.6× WOLVERINE WORLD WIDE INC). WOLVERINE WORLD WIDE INC runs the higher net margin — 6.1% vs -0.5%, a 6.7% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs 13.6%). Over the past eight quarters, WOLVERINE WORLD WIDE INC's revenue compounded faster (14.5% 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.

Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.

WERN vs WWW — Head-to-Head

Bigger by revenue
WERN
WERN
1.6× larger
WERN
$808.6M
$517.5M
WWW
Growing faster (revenue YoY)
WWW
WWW
+12.0% gap
WWW
25.5%
13.6%
WERN
Higher net margin
WWW
WWW
6.7% more per $
WWW
6.1%
-0.5%
WERN
Faster 2-yr revenue CAGR
WWW
WWW
Annualised
WWW
14.5%
4.3%
WERN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
WERN
WERN
WWW
WWW
Revenue
$808.6M
$517.5M
Net Profit
$-4.3M
$31.8M
Gross Margin
47.3%
Operating Margin
9.7%
Net Margin
-0.5%
6.1%
Revenue YoY
13.6%
25.5%
Net Profit YoY
57.8%
162.8%
EPS (diluted)
$-0.07
$0.37

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
WERN
WERN
WWW
WWW
Q1 26
$808.6M
$517.5M
Q4 25
$719.9M
Q3 25
$752.2M
$470.3M
Q2 25
$734.1M
$474.2M
Q1 25
$693.4M
$412.3M
Q4 24
$736.6M
$494.7M
Q3 24
$726.3M
$440.2M
Q2 24
$742.7M
$425.2M
Net Profit
WERN
WERN
WWW
WWW
Q1 26
$-4.3M
$31.8M
Q4 25
$-27.8M
Q3 25
$-20.6M
$25.1M
Q2 25
$44.1M
$26.8M
Q1 25
$-10.1M
$12.1M
Q4 24
$11.9M
$23.1M
Q3 24
$6.6M
$23.2M
Q2 24
$9.5M
$13.8M
Gross Margin
WERN
WERN
WWW
WWW
Q1 26
47.3%
Q4 25
Q3 25
47.5%
Q2 25
47.2%
Q1 25
47.2%
Q4 24
43.4%
Q3 24
45.1%
Q2 24
43.1%
Operating Margin
WERN
WERN
WWW
WWW
Q1 26
9.7%
Q4 25
-5.0%
Q3 25
-1.7%
8.4%
Q2 25
9.0%
8.6%
Q1 25
-0.8%
4.8%
Q4 24
1.8%
7.4%
Q3 24
2.4%
7.9%
Q2 24
2.6%
6.8%
Net Margin
WERN
WERN
WWW
WWW
Q1 26
-0.5%
6.1%
Q4 25
-3.9%
Q3 25
-2.7%
5.3%
Q2 25
6.0%
5.7%
Q1 25
-1.5%
2.9%
Q4 24
1.6%
4.7%
Q3 24
0.9%
5.3%
Q2 24
1.3%
3.2%
EPS (diluted)
WERN
WERN
WWW
WWW
Q1 26
$-0.07
$0.37
Q4 25
$-0.46
Q3 25
$-0.34
$0.30
Q2 25
$0.72
$0.32
Q1 25
$-0.16
$0.15
Q4 24
$0.19
$0.29
Q3 24
$0.11
$0.28
Q2 24
$0.15
$0.17

Balance Sheet & Financial Strength

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

Metric
WERN
WERN
WWW
WWW
Cash + ST InvestmentsLiquidity on hand
$61.5M
Total DebtLower is stronger
$878.2M
$621.7M
Stockholders' EquityBook value
$1.4B
$408.0M
Total Assets
$3.3B
$1.7B
Debt / EquityLower = less leverage
0.65×
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
WERN
WERN
WWW
WWW
Q1 26
$61.5M
Q4 25
$59.9M
Q3 25
$51.0M
Q2 25
$51.4M
Q1 25
$52.0M
Q4 24
$40.8M
Q3 24
$54.7M
Q2 24
$70.4M
Total Debt
WERN
WERN
WWW
WWW
Q1 26
$878.2M
$621.7M
Q4 25
$752.0M
Q3 25
$725.0M
$676.4M
Q2 25
$725.0M
$708.5M
Q1 25
$640.0M
$710.8M
Q4 24
$650.0M
$648.0M
Q3 24
$690.0M
$702.8M
Q2 24
$670.0M
$814.7M
Stockholders' Equity
WERN
WERN
WWW
WWW
Q1 26
$1.4B
$408.0M
Q4 25
$1.4B
Q3 25
$1.4B
$376.7M
Q2 25
$1.4B
$344.0M
Q1 25
$1.4B
$310.6M
Q4 24
$1.5B
$312.9M
Q3 24
$1.4B
$295.2M
Q2 24
$1.5B
$262.1M
Total Assets
WERN
WERN
WWW
WWW
Q1 26
$3.3B
$1.7B
Q4 25
$2.9B
Q3 25
$3.0B
$1.7B
Q2 25
$2.9B
$1.8B
Q1 25
$3.0B
$1.7B
Q4 24
$3.1B
$1.7B
Q3 24
$3.1B
$1.8B
Q2 24
$3.1B
$1.8B
Debt / Equity
WERN
WERN
WWW
WWW
Q1 26
0.65×
1.52×
Q4 25
0.55×
Q3 25
0.52×
1.80×
Q2 25
0.51×
2.06×
Q1 25
0.45×
2.29×
Q4 24
0.45×
2.07×
Q3 24
0.48×
2.38×
Q2 24
0.46×
3.11×

Cash Flow & Capital Efficiency

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

Metric
WERN
WERN
WWW
WWW
Operating Cash FlowLast quarter
$146.2M
Free Cash FlowOCF − Capex
$145.6M
FCF MarginFCF / Revenue
28.1%
Capex IntensityCapex / Revenue
0.2%
0.1%
Cash ConversionOCF / Net Profit
4.60×
TTM Free Cash FlowTrailing 4 quarters
$125.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
WERN
WERN
WWW
WWW
Q1 26
$146.2M
Q4 25
$62.3M
Q3 25
$44.1M
$33.0M
Q2 25
$46.0M
$44.6M
Q1 25
$29.4M
$-83.8M
Q4 24
$71.0M
$82.4M
Q3 24
$61.0M
$108.2M
Q2 24
$109.1M
$26.7M
Free Cash Flow
WERN
WERN
WWW
WWW
Q1 26
$145.6M
Q4 25
$-23.5M
Q3 25
$-8.6M
$30.1M
Q2 25
$-42.3M
$41.2M
Q1 25
$5.9M
$-91.4M
Q4 24
$-9.8M
$74.4M
Q3 24
$-73.4M
$104.1M
Q2 24
$-31.2M
$23.7M
FCF Margin
WERN
WERN
WWW
WWW
Q1 26
28.1%
Q4 25
-3.3%
Q3 25
-1.1%
6.4%
Q2 25
-5.8%
8.7%
Q1 25
0.8%
-22.2%
Q4 24
-1.3%
15.0%
Q3 24
-10.1%
23.6%
Q2 24
-4.2%
5.6%
Capex Intensity
WERN
WERN
WWW
WWW
Q1 26
0.2%
0.1%
Q4 25
11.9%
Q3 25
7.0%
0.6%
Q2 25
12.0%
0.7%
Q1 25
3.4%
1.8%
Q4 24
11.0%
1.6%
Q3 24
18.5%
0.9%
Q2 24
18.9%
0.7%
Cash Conversion
WERN
WERN
WWW
WWW
Q1 26
4.60×
Q4 25
Q3 25
1.31×
Q2 25
1.04×
1.66×
Q1 25
-6.93×
Q4 24
5.97×
3.57×
Q3 24
9.30×
4.66×
Q2 24
11.52×
1.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

WERN
WERN

Segment breakdown not available.

WWW
WWW

Sales Channel Through Intermediary$230.2M44%
Sales Channel Directly To Consumer$142.6M28%
Work Group$134.0M26%
Other$10.7M2%

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