WERNER ENTERPRISES INC (WERN) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 08, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 2.82% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
60M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

WERN currently has 59.9M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 2.82% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 08, 2026

10-Q filing | 59.9M shares outstanding

60M 0
Nov 07, 2025

10-Q filing | 59.8M shares outstanding

60M 0
Aug 11, 2025

8-K filing: On August 7, 2025, the Company's Board of Directors approved a new stock repurchase program authorizing the repurchase of up to 5 million shares of its common stock and withdrew the previous authorization, which had approximately 1.8 million shares remaining available for repurchase.

62M 0
Aug 11, 2025

10-Q filing | 60.9M shares outstanding

61M 0
May 09, 2025

10-Q filing | 61.9M shares outstanding

62M 0
Feb 26, 2025

10-K filing | 62.5M shares outstanding

62M 0
Nov 12, 2024

10-Q filing | 61.8M shares outstanding

62M 0
Aug 08, 2024

10-Q filing | 62.7M shares outstanding

63M 0
May 15, 2024

8-K filing: On May 14, 2024, the Board approved a new stock repurchase program under which the Company is authorized to repurchase up to 5 million shares of its common stock and withdrew the previous stock repurchase authorization, which had approximately 1.6 million shares remaining available for repurchase.

63M 0
May 09, 2024

10-Q filing | 63.5M shares outstanding

63M 0
Feb 26, 2024

10-K filing | 63.4M shares outstanding

63M 0
Nov 08, 2023

10-Q filing | 63.4M shares outstanding

63M 0
Aug 08, 2023

10-Q filing | 63.4M shares outstanding

63M 0
May 09, 2023

10-Q filing | 63.3M shares outstanding

63M 0
Feb 27, 2023

10-K filing | 64.1M shares outstanding

64M 0
Nov 04, 2022

10-Q filing | 63.4M shares outstanding

63M 0
Aug 08, 2022

10-Q filing | 64.4M shares outstanding

64M 0
May 09, 2022

10-Q filing | 65.5M shares outstanding

66M 0
Feb 28, 2022

10-K filing | 67.4M shares outstanding

67M 0
Nov 12, 2021

8-K filing: Werner declared a regular quarterly cash dividend and approved a new stock repurchase program authorizing the repurchase of up to 6 million shares of its common stock, while withdrawing the previous authorization.

67M 0
Nov 09, 2021

10-Q filing | 67.5M shares outstanding

67M 0
Aug 05, 2021

10-Q filing | 67.9M shares outstanding

68M 0
Jul 01, 2021

8-K filing: Werner acquired an 80% equity ownership stake in ECM Transport Group.

68M 0
May 06, 2021

10-Q filing | 67.9M shares outstanding

68M 0
Feb 24, 2021

10-K filing | 69.0M shares outstanding

69M 0
Nov 05, 2020

10-Q filing | 69.1M shares outstanding

69M 0
Aug 06, 2020

10-Q filing | 69.1M shares outstanding

69M 0
May 07, 2020

10-Q filing | 69.3M shares outstanding

69M 0
Feb 27, 2020

10-K filing | 70.0M shares outstanding

70M 0
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