| Stage | WERN | % of rev | ODFL | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $934M | 100.00% | $1.6B | 100.00% | ODFL ×1.66 |
| Gross profit | $503M | 53.87% | $790M | 50.86% | WERN +3.0pp |
| Operating income | $17M | 1.81% | $465M | 29.94% | ODFL +28.1pp |
| Pre-tax income | $7M | 0.79% | $467M | 30.08% | ODFL +29.3pp |
| Net income | $5M | 0.57% | $351M | 22.56% | ODFL +22.0pp |
| Stage | WERN | ODFL | Gap · A − B |
|---|---|---|---|
| Revenue | $934M100.00% | $1.6B100.00% | ODFL ×1.66 |
| Gross profit | 53.87%$503M | 50.86%$790M | WERN +3.0pp |
| Operating income | 1.81%$17M | 29.94%$465M | ODFL +28.1pp |
| Pre-tax income | 0.79%$7M | 30.08%$467M | ODFL +29.3pp |
| Net income |
| 0.57%$5M |
| 22.56%$351M |
| ODFL +22.0pp |
WERN 10-KFeb 26 '26
“Most of our company-owned trailers were manufactured by Wabash National Corporation and Great Dane.”
ODFL · WNC 10-KFeb 18 '26
“We have established relationships as a supplier to many large customers in the transportation industry for our dry and refrigerated van products, platform trailers, and tank trailers, including the following: ▪ Truckload Carriers: Crete Carrier Corp.; J.B. Hunt Transport, Inc.; Werner Enterprises, Inc.; Southland Transportation Company; and Knight/Swift Transportation Holdings, Inc.; and Schneider National, Inc. ▪ Less-Than-Truckload Carriers: Saia, Inc.; FedEx Freight, Inc; Old Dominion Freight Lines, Inc.; and R&L Carriers, Inc. ▪ Leasing Companies: Fleetco, Inc.; Penske Truck Leasing Co., L.P.; Ryder System, Inc.; XTRA, LLC; Brody Transportation Company, Inc.; and Premier Trailer Leasing. ▪ Private Fleets: Dollar General Corporation; and PepsiCo, Inc. ▪ Liquid Carriers: Semo Tank/Baker Equipment Co.; Dana Liquid Transport Corporation; Stuart Tank Sales Corporation; The Jack Olsta Co.; and Hills Stainless Tank Inc.”
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