Landstar System Inc. | Mid-cap | Industrials
$124.13
-3.93%
| Landstar System Stock Comparison:
Landstar System vs United ParcelLandstar System vs FedExLandstar System vs GXO LogisticsLandstar System vs HubLandstar System vs ExpeditorsLandstar System vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 1.2B
Gross Profit 149.1M 12.94%
Operating Income 35.8M 3.11%
Net Income 29.8M 2.59%
EPS (Diluted) $0.85

Balance Sheet Metrics

Total Assets 1.7B
Total Liabilities 785.4M
Shareholders Equity 930.8M
Debt to Equity 0.84

Cash Flow Metrics

Operating Cash Flow 50.1M
Free Cash Flow 53.8M

Revenue & Profitability Trend

Landstar System Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 4.8B 5.3B 7.4B 6.5B 4.1B
Cost of Goods Sold i 4.2B 4.6B 6.5B 5.7B 3.6B
Gross Profit i 624.5M 714.2M 960.2M 866.1M 553.5M
Gross Margin % i 13.0% 13.5% 12.9% 13.2% 13.4%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 331.6M 326.0M 347.1M 326.7M 255.4M
Other Operating Expenses i 58.8M 54.2M 45.2M 36.5M 30.5M
Total Operating Expenses i 390.4M 380.2M 392.3M 363.3M 285.9M
Operating Income i 234.1M 334.0M 567.9M 502.8M 267.6M
Operating Margin % i 4.9% 6.3% 7.6% 7.7% 6.5%
Non-Operating Items
Interest Income i 5.4M 3.9M - - -
Interest Expense i - - 3.6M 4.0M 4.0M
Other Non-Operating Income 14.8M 10.1M 3.2M 2.9M -14.7M
Pre-tax Income i 254.3M 348.1M 567.5M 501.7M 249.0M
Income Tax i 58.4M 83.7M 136.5M 120.2M 56.9M
Effective Tax Rate % i 23.0% 24.0% 24.1% 24.0% 22.8%
Net Income i 195.9M 264.4M 430.9M 381.5M 192.1M
Net Margin % i 4.1% 5.0% 5.8% 5.8% 4.6%
Key Metrics
EBITDA i 276.0M 382.0M 625.4M 552.4M 313.5M
EPS (Basic) i $5.51 $7.36 $11.99 $10.12 $4.98
EPS (Diluted) i $5.51 $7.36 $11.76 $9.98 $4.98
Basic Shares Outstanding i 35538000 35920000 35927010 37693740 38602000
Diluted Shares Outstanding i 35538000 35920000 35927010 37693740 38602000

Income Statement Trend

Landstar System Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 515.0M 481.0M 339.6M 215.5M 249.4M
Short-term Investments i 51.6M 59.7M 54.0M 35.8M 41.4M
Accounts Receivable i 683.8M 743.8M 967.8M 1.2B 764.2M
Inventory i - - - - -
Other Current Assets 22.2M 24.9M 21.8M 16.2M 18.5M
Total Current Assets i 1.3B 1.4B 1.4B 1.5B 1.2B
Non-Current Assets
Property, Plant & Equipment i 528.8M 501.3M 512.2M 489.0M 443.2M
Goodwill i 81.9M 84.6M 82.4M 81.5M 81.9M
Intangible Assets i - - - - -
Long-term Investments - - - - -
Other Non-Current Assets 141.2M 122.5M 136.3M 164.4M 107.7M
Total Non-Current Assets i 493.4M 449.1M 492.5M 522.6M 445.6M
Total Assets i 1.8B 1.8B 1.9B 2.0B 1.7B
Liabilities
Current Liabilities
Accounts Payable i 383.6M 396.0M 527.4M 604.1M 380.5M
Short-term Debt i 94.1M 89.4M 129.1M 153.0M 110.2M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 124.7M 118.4M 149.8M 177.4M 238.7M
Total Current Liabilities i 673.2M 675.2M 878.1M 1.0B 806.1M
Non-Current Liabilities
Long-term Debt i 69.2M 43.3M 67.2M 75.2M 65.4M
Deferred Tax Liabilities i - - 41.0M 48.7M 51.6M
Other Non-Current Liabilities 98.5M 99.4M 99.3M 98.2M 90.5M
Total Non-Current Liabilities i 167.7M 142.7M 166.5M 173.5M 155.8M
Total Liabilities i 840.9M 817.9M 1.0B 1.2B 962.0M
Equity
Common Stock i 686.0K 685.0K 684.0K 682.0K 682.0K
Retained Earnings i 2.9B 2.8B 2.6B 2.3B 2.0B
Treasury Stock i 2.1B 2.0B 2.0B 1.7B 1.6B
Other Equity - - - - -
Total Shareholders Equity i 972.4M 983.9M 887.2M 862.0M 691.8M
Key Metrics
Total Debt i 163.3M 132.7M 196.4M 228.3M 175.5M
Working Capital i 646.7M 677.5M 561.3M 512.9M 402.0M

Balance Sheet Composition

Landstar System Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 195.9M 264.4M 430.9M 381.5M 192.1M
Depreciation & Amortization i 56.7M 58.2M 57.5M 49.6M 45.9M
Stock-Based Compensation i 3.4M 4.3M 12.4M 27.5M 4.6M
Working Capital Changes i 20.5M 64.8M 117.6M -182.5M 67.8M
Operating Cash Flow i 269.9M 384.2M 613.4M 272.8M 311.8M
Investing Activities
Capital Expenditures i -21.3M -17.4M -20.8M -20.3M -22.9M
Acquisitions i - - 0 0 -2.8M
Investment Purchases i -101.3M -101.6M -45.2M -85.0M -25.6M
Investment Sales i 112.1M 112.6M 41.2M 31.9M 22.8M
Investing Cash Flow i -10.5M -6.5M -24.8M -73.3M -28.4M
Financing Activities
Share Repurchases i -81.4M -53.9M -286.0M -122.7M -116.0M
Dividends Paid i -120.5M -117.1M -115.7M -112.0M -109.5M
Debt Issuance i - - - - -
Debt Repayment i -31.5M -36.4M -39.1M -37.6M -43.7M
Financing Cash Flow i -237.8M -248.0M -475.8M -233.1M -252.8M
Free Cash Flow i 255.6M 368.0M 596.7M 253.5M 180.1M
Net Change in Cash i 21.5M 129.7M 112.9M -33.6M 30.7M

Cash Flow Trend

Landstar System Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 25.99
Forward P/E 18.25
Price to Book 4.66
Price to Sales 0.89
PEG Ratio -1.37

Profitability Ratios

Profit Margin 3.50%
Operating Margin 4.63%
Return on Equity 17.47%
Return on Assets 7.75%

Financial Health

Current Ratio 2.00
Debt to Equity 15.67
Beta 0.82

Per Share Data

EPS (TTM) $4.77
Book Value per Share $26.60
Revenue per Share $136.40

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
lstr 4.6B 25.99 4.66 17.47% 3.50% 15.67
United Parcel 73.1B 12.79 4.63 34.91% 6.35% 183.24
FedEx 56.6B 14.49 2.10 15.00% 4.65% 1.36
GXO Logistics 6.2B 108.69 2.16 2.30% 0.50% 188.94
Hub 2.2B 20.77 1.25 5.95% 2.65% 26.80
Expeditors 16.4B 19.95 7.53 39.04% 7.57% 26.69

Financial data is updated regularly. All figures are in the company's reporting currency.