Werner Income Before Tax vs Total Operating Expenses Analysis

WERN Stock  USD 34.74  0.34  0.97%   
Werner Enterprises financial indicator trend analysis is more than just analyzing Werner Enterprises current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Werner Enterprises is a good investment. Please check the relationship between Werner Enterprises Income Before Tax and its Total Operating Expenses accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Werner Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.

Income Before Tax vs Total Operating Expenses

Income Before Tax vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Werner Enterprises Income Before Tax account and Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Werner Enterprises' Income Before Tax and Total Operating Expenses is 0.21. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Werner Enterprises, assuming nothing else is changed. The correlation between historical values of Werner Enterprises' Income Before Tax and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Werner Enterprises are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Income Before Tax i.e., Werner Enterprises' Income Before Tax and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Werner Enterprises income statement and is an important metric when analyzing Werner Enterprises profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Werner Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Werner Enterprises current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Werner Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.At this time, Werner Enterprises' Tax Provision is very stable compared to the past year. As of the 28th of April 2024, Enterprise Value is likely to grow to about 2.1 B, while Selling General Administrative is likely to drop about 149.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.4M11.8M33.5M49.7M
Depreciation And Amortization267.7M279.9M299.5M314.5M

Werner Enterprises fundamental ratios Correlations

0.890.130.940.970.980.890.990.741.00.360.740.97-0.190.960.94-0.930.980.950.97-0.290.940.62-0.220.640.89
0.890.040.730.770.811.00.860.780.90.450.780.83-0.560.970.95-0.970.950.890.84-0.510.820.28-0.220.30.93
0.130.040.120.130.140.060.12-0.320.150.67-0.320.01-0.050.110.26-0.060.110.130.040.120.260.210.310.230.28
0.940.730.120.960.970.730.940.590.940.210.590.920.00.830.81-0.790.880.860.89-0.10.930.7-0.240.720.73
0.970.770.130.960.990.770.990.650.970.270.650.96-0.030.870.85-0.830.910.90.94-0.190.910.71-0.280.720.8
0.980.810.140.970.990.80.980.650.980.270.650.96-0.060.90.87-0.850.940.920.94-0.210.920.7-0.250.720.82
0.891.00.060.730.770.80.850.750.890.470.750.82-0.570.960.95-0.960.940.890.83-0.530.810.26-0.220.290.92
0.990.860.120.940.990.980.850.710.990.340.710.97-0.160.930.9-0.910.960.940.96-0.270.930.63-0.270.650.86
0.740.78-0.320.590.650.650.750.710.710.151.00.78-0.230.790.72-0.820.780.710.82-0.250.660.38-0.160.380.7
1.00.90.150.940.970.980.890.990.710.370.710.96-0.220.960.94-0.930.980.950.95-0.310.940.6-0.240.620.89
0.360.450.670.210.270.270.470.340.150.370.150.28-0.450.450.52-0.490.410.320.32-0.30.390.040.180.060.49
0.740.78-0.320.590.650.650.750.711.00.710.150.78-0.230.790.72-0.820.780.710.82-0.250.660.38-0.160.380.7
0.970.830.010.920.960.960.820.970.780.960.280.78-0.070.910.86-0.890.940.880.99-0.20.890.66-0.270.680.8
-0.19-0.56-0.050.0-0.03-0.06-0.57-0.16-0.23-0.22-0.45-0.23-0.07-0.36-0.410.47-0.31-0.32-0.080.57-0.150.610.240.59-0.46
0.960.970.110.830.870.90.960.930.790.960.450.790.91-0.360.97-0.970.990.940.93-0.410.90.48-0.140.50.94
0.940.950.260.810.850.870.950.90.720.940.520.720.86-0.410.97-0.950.970.930.89-0.420.930.46-0.050.480.98
-0.93-0.97-0.06-0.79-0.83-0.85-0.96-0.91-0.82-0.93-0.49-0.82-0.890.47-0.97-0.95-0.96-0.93-0.90.46-0.86-0.370.21-0.39-0.91
0.980.950.110.880.910.940.940.960.780.980.410.780.94-0.310.990.97-0.960.950.95-0.360.930.53-0.160.560.93
0.950.890.130.860.90.920.890.940.710.950.320.710.88-0.320.940.93-0.930.950.89-0.390.90.51-0.170.530.93
0.970.840.040.890.940.940.830.960.820.950.320.820.99-0.080.930.89-0.90.950.89-0.210.910.67-0.150.690.84
-0.29-0.510.12-0.1-0.19-0.21-0.53-0.27-0.25-0.31-0.3-0.25-0.20.57-0.41-0.420.46-0.36-0.39-0.21-0.240.18-0.160.17-0.43
0.940.820.260.930.910.920.810.930.660.940.390.660.89-0.150.90.93-0.860.930.90.91-0.240.640.010.660.87
0.620.280.210.70.710.70.260.630.380.60.040.380.660.610.480.46-0.370.530.510.670.180.640.161.00.39
-0.22-0.220.31-0.24-0.28-0.25-0.22-0.27-0.16-0.240.18-0.16-0.270.24-0.14-0.050.21-0.16-0.17-0.15-0.160.010.160.16-0.05
0.640.30.230.720.720.720.290.650.380.620.060.380.680.590.50.48-0.390.560.530.690.170.661.00.160.42
0.890.930.280.730.80.820.920.860.70.890.490.70.8-0.460.940.98-0.910.930.930.84-0.430.870.39-0.050.42
Click cells to compare fundamentals

Werner Enterprises Account Relationship Matchups

Werner Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.2B2.6B3.1B3.2B3.3B
Short Long Term Debt Total300M200M427.5M693.8M648.8M681.2M
Other Current Liab31.0M28.2M25.0M(134.5M)192.1M201.7M
Total Current Liabilities308.8M274.0M269.6M309.5M330.6M347.1M
Total Stockholder Equity1.1B1.2B1.3B1.4B1.5B1.6B
Property Plant And Equipment Net1.5B1.5B1.6B1.8B2.0B2.1B
Net Debt273.6M170.7M373.3M586.5M587.0M616.4M
Retained Earnings1.3B1.4B1.7B1.9B2.0B2.1B
Cash26.4M29.3M54.2M107.2M61.7M31.7M
Non Current Assets Total1.7B1.7B2.0B2.3B2.5B2.6B
Non Currrent Assets Other(98.4M)(81.4M)229.3M(146.7M)248.3M260.7M
Cash And Short Term Investments26.4M29.3M54.2M107.2M61.7M32.2M
Net Receivables375.1M364.6M485.0M548.7M470.4M493.9M
Common Stock Shares Outstanding70.0M69.4M67.9M64.6M63.7M58.7M
Liabilities And Stockholders Equity2.1B2.2B2.6B3.1B3.2B3.3B
Non Current Liabilities Total724.0M687.6M956.8M1.3B1.3B1.3B
Other Current Assets38.8M33.7M49.6M74.5M84.4M88.6M
Other Stockholder Equity(169.7M)(221.8M)(319.8M)(421.8M)(416.2M)(395.4M)
Total Liab1.0B961.6M1.2B1.6B1.6B1.7B
Property Plant And Equipment Gross1.5B2.4B1.6B2.9B3.0B3.1B
Total Current Assets466.3M456.9M617.4M762.6M634.6M666.4M
Accumulated Other Comprehensive Income(14.7M)(22.8M)(20.6M)(11.3M)(9.7M)(10.2M)
Accounts Payable94.6M83.3M94.0M124.5M136.0M142.8M
Inventory9.2M12.1M11.1M14.5M18.1M14.6M
Current Deferred Revenue108.2M137.5M145.7M313.3M360.3M378.3M
Other Liab490.9M512.6M534.3M585.0M672.8M706.4M
Other Assets139.9M156.5M229.3M253.5M291.5M306.1M
Long Term Debt225M175M422.5M687.5M646.3M678.6M
Treasury Stock(241.2M)(282.3M)(337.9M)(441.7M)(397.5M)(377.6M)
Property Plant Equipment1.5B1.5B1.6B1.9B2.1B1.2B
Net Tangible Assets1.1B1.2B1.2B1.2B1.4B1.1B
Retained Earnings Total Equity1.4B1.3B1.4B1.7B1.9B1.1B
Capital Surpluse107.5M112.6M116.0M121.9M140.2M114.4M
Deferred Long Term Liab195.2M233.5M249.7M237.9M273.6M234.4M
Non Current Liabilities Other249.3M274.8M43.3M59.7M54.3M51.6M
Accumulated Depreciation(767.5M)(760.0M)(817.3M)(862.1M)(775.9M)(814.7M)

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When determining whether Werner Enterprises offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Werner Enterprises' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Werner Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Werner Enterprises Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Werner Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Werner Enterprises' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Werner Enterprises. If investors know Werner will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Werner Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
0.55
Earnings Share
1.76
Revenue Per Share
51.811
Quarterly Revenue Growth
(0.05)
The market value of Werner Enterprises is measured differently than its book value, which is the value of Werner that is recorded on the company's balance sheet. Investors also form their own opinion of Werner Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Werner Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Werner Enterprises' market value can be influenced by many factors that don't directly affect Werner Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Werner Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Werner Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Werner Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.