Start with its own history
At 195.60×, WERN is 806.5% above its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · WERNTruckingUpdated Nov 5, 2026
Werner Enterprises, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
195.60×
806.5% abovethe 9-observation annual average
Share price29.34
÷Earnings per share0.15
Price and EPS in quote currency. Calculation details
Investors are paying 195.60 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 21.58×
3-year average44.62×2 positive annual observations
5-year average28.09×4 positive annual observations
10-year average21.58×9 positive annual observations
Peer median · TTM75.60×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | N/M | N/M |
| Dec 31, 2024 | 65.31× | +172.8% |
| Dec 31, 2023 | 23.94× | +123.6% |
| Dec 31, 2022 | 10.71× | -13.7% |
| Dec 31, 2021 | 12.41× | -22.5% |
| Dec 31, 2020 | 16.01× | +5.6% |
| Dec 31, 2019 | 15.16× | +22.7% |
| Dec 31, 2018 | 12.36× | -10.5% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 13.80× | -43.7% |
| Dec 31, 2016 | 24.50× | +80.2% |
| Dec 31, 2015 | 13.60× | -40.2% |
| Dec 31, 2014 | 22.74× | +9.4% |
| Dec 31, 2013 | 20.78× | +35.2% |
| Dec 31, 2012 | 15.37× | -10.1% |
| Dec 31, 2011 | 17.09× | -16.8% |
| Dec 31, 2010 | 20.55× | -18.0% |
| Dec 31, 2009 | 25.06× | +35.9% |
| Dec 31, 2008 | 18.45× | +11.6% |
| Dec 31, 2007 | 16.53× | +20.1% |
| Dec 31, 2006 | 13.76× | -13.4% |
| Dec 31, 2005 | 15.89× | -22.8% |
| Dec 31, 2004 | 20.58× | -2.8% |
| Dec 31, 2003 | 21.18× | -5.3% |
| Dec 31, 2002 | 22.36× | -6.4% |
| Dec 31, 2001 | 23.90× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How WERN compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 WERN This stockWerner Enterprises, Inc. | 195.60× |
 SNDRSchneider National, Inc. | 36.80× |
 KNXKnight-Swift Transportation Holdings Inc. | 65.64× |
 ULHUniversal Logistics Holdings, Inc. | 654.40× |
 MRTNMarten Transport, Ltd. | 75.60× |
 CVLGCovenant Logistics Group, Inc. | 161.33× |
 HTLDHeartland Express, Inc. | N/M |
 PAMTPamt Corp. | N/M |
 RXORXO, Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does WERN’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 75.60×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take WERN into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("WERN", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 29.34 ÷ EPS 0.15 = 195.60×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
WERN P/E ratio: common questions
The essentials behind the numbers.
Werner Enterprises, Inc.'s current P/E is 195.60× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.