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Side-by-side financial comparison of WERNER ENTERPRISES INC (WERN) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $808.6M, roughly 1.1× WERNER ENTERPRISES INC). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs -0.5%, a 30.0% gap on every dollar of revenue. On growth, WERNER ENTERPRISES INC posted the faster year-over-year revenue change (13.6% vs 8.7%). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% 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.
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
WERN vs ZION — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $808.6M | $891.0M |
| Net Profit | $-4.3M | $263.0M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | -0.5% | 29.5% |
| Revenue YoY | 13.6% | 8.7% |
| Net Profit YoY | 57.8% | 21.8% |
| EPS (diluted) | $-0.07 | $1.77 |
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.
| Q1 26 | $808.6M | — | ||
| Q4 25 | $719.9M | $891.0M | ||
| Q3 25 | $752.2M | $861.0M | ||
| Q2 25 | $734.1M | $838.0M | ||
| Q1 25 | $693.4M | $795.0M | ||
| Q4 24 | $736.6M | $820.0M | ||
| Q3 24 | $726.3M | $792.0M | ||
| Q2 24 | $742.7M | $777.0M |
| Q1 26 | $-4.3M | — | ||
| Q4 25 | $-27.8M | $263.0M | ||
| Q3 25 | $-20.6M | $222.0M | ||
| Q2 25 | $44.1M | $244.0M | ||
| Q1 25 | $-10.1M | $170.0M | ||
| Q4 24 | $11.9M | $216.0M | ||
| Q3 24 | $6.6M | $214.0M | ||
| Q2 24 | $9.5M | $201.0M |
| Q1 26 | — | — | ||
| Q4 25 | -5.0% | — | ||
| Q3 25 | -1.7% | — | ||
| Q2 25 | 9.0% | — | ||
| Q1 25 | -0.8% | — | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 2.6% | — |
| Q1 26 | -0.5% | — | ||
| Q4 25 | -3.9% | 29.5% | ||
| Q3 25 | -2.7% | 25.8% | ||
| Q2 25 | 6.0% | 29.1% | ||
| Q1 25 | -1.5% | 21.4% | ||
| Q4 24 | 1.6% | 26.3% | ||
| Q3 24 | 0.9% | 27.0% | ||
| Q2 24 | 1.3% | 25.9% |
| Q1 26 | $-0.07 | — | ||
| Q4 25 | $-0.46 | $1.77 | ||
| Q3 25 | $-0.34 | $1.48 | ||
| Q2 25 | $0.72 | $1.63 | ||
| Q1 25 | $-0.16 | $1.13 | ||
| Q4 24 | $0.19 | $1.34 | ||
| Q3 24 | $0.11 | $1.37 | ||
| Q2 24 | $0.15 | $1.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $61.5M | — |
| Total DebtLower is stronger | $878.2M | $1.5B |
| Stockholders' EquityBook value | $1.4B | $7.2B |
| Total Assets | $3.3B | $89.0B |
| Debt / EquityLower = less leverage | 0.65× | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| 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 | — |
| Q1 26 | $878.2M | — | ||
| Q4 25 | $752.0M | $1.5B | ||
| Q3 25 | $725.0M | $1.5B | ||
| Q2 25 | $725.0M | $970.0M | ||
| Q1 25 | $640.0M | $964.0M | ||
| Q4 24 | $650.0M | $950.0M | ||
| Q3 24 | $690.0M | $548.0M | ||
| Q2 24 | $670.0M | $546.0M |
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $7.2B | ||
| Q3 25 | $1.4B | $6.9B | ||
| Q2 25 | $1.4B | $6.6B | ||
| Q1 25 | $1.4B | $6.3B | ||
| Q4 24 | $1.5B | $6.1B | ||
| Q3 24 | $1.4B | $6.4B | ||
| Q2 24 | $1.5B | $6.0B |
| Q1 26 | $3.3B | — | ||
| Q4 25 | $2.9B | $89.0B | ||
| Q3 25 | $3.0B | $88.5B | ||
| Q2 25 | $2.9B | $88.9B | ||
| Q1 25 | $3.0B | $88.0B | ||
| Q4 24 | $3.1B | $88.8B | ||
| Q3 24 | $3.1B | $87.0B | ||
| Q2 24 | $3.1B | $87.6B |
| Q1 26 | 0.65× | — | ||
| Q4 25 | 0.55× | 0.21× | ||
| Q3 25 | 0.52× | 0.21× | ||
| Q2 25 | 0.51× | 0.15× | ||
| Q1 25 | 0.45× | 0.15× | ||
| Q4 24 | 0.45× | 0.16× | ||
| Q3 24 | 0.48× | 0.09× | ||
| Q2 24 | 0.46× | 0.09× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $1.1B |
| Free Cash FlowOCF − Capex | — | $952.0M |
| FCF MarginFCF / Revenue | — | 106.8% |
| Capex IntensityCapex / Revenue | 0.2% | 13.6% |
| Cash ConversionOCF / Net Profit | — | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $62.3M | $1.1B | ||
| Q3 25 | $44.1M | $438.0M | ||
| Q2 25 | $46.0M | $-62.0M | ||
| Q1 25 | $29.4M | $179.0M | ||
| Q4 24 | $71.0M | $1.1B | ||
| Q3 24 | $61.0M | $119.0M | ||
| Q2 24 | $109.1M | $251.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-23.5M | $952.0M | ||
| Q3 25 | $-8.6M | $413.0M | ||
| Q2 25 | $-42.3M | $-93.0M | ||
| Q1 25 | $5.9M | $152.0M | ||
| Q4 24 | $-9.8M | $1.1B | ||
| Q3 24 | $-73.4M | $97.0M | ||
| Q2 24 | $-31.2M | $234.0M |
| Q1 26 | — | — | ||
| Q4 25 | -3.3% | 106.8% | ||
| Q3 25 | -1.1% | 48.0% | ||
| Q2 25 | -5.8% | -11.1% | ||
| Q1 25 | 0.8% | 19.1% | ||
| Q4 24 | -1.3% | 128.2% | ||
| Q3 24 | -10.1% | 12.2% | ||
| Q2 24 | -4.2% | 30.1% |
| Q1 26 | 0.2% | — | ||
| Q4 25 | 11.9% | 13.6% | ||
| Q3 25 | 7.0% | 2.9% | ||
| Q2 25 | 12.0% | 3.7% | ||
| Q1 25 | 3.4% | 3.4% | ||
| Q4 24 | 11.0% | 11.8% | ||
| Q3 24 | 18.5% | 2.8% | ||
| Q2 24 | 18.9% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.08× | ||
| Q3 25 | — | 1.97× | ||
| Q2 25 | 1.04× | -0.25× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | 5.97× | 5.31× | ||
| Q3 24 | 9.30× | 0.56× | ||
| Q2 24 | 11.52× | 1.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
