Landstar Financial Statements From 2010 to 2025

LSTR Stock  USD 166.94  5.98  3.46%   
Landstar System financial statements provide useful quarterly and yearly information to potential Landstar System investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Landstar System financial statements helps investors assess Landstar System's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Landstar System's valuation are summarized below:
Gross Profit
991.1 M
Profit Margin
0.043
Market Capitalization
5.9 B
Enterprise Value Revenue
1.1765
Revenue
4.8 B
There are over one hundred nineteen available fundamental ratios for Landstar System, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to check Landstar System's last-minute fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction.

Landstar System Total Revenue

6.4 Billion

Check Landstar System financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Landstar System's main balance sheet or income statement drivers, such as Depreciation And Amortization of 70.2 M, Interest Expense of 2.9 M or Total Revenue of 6.4 B, as well as many indicators such as Price To Sales Ratio of 0.63, Ptb Ratio of 5.11 or Capex To Depreciation of 0.26. Landstar financial statements analysis is a perfect complement when working with Landstar System Valuation or Volatility modules.
  
Check out the analysis of Landstar System Correlation against competitors.
To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.

Landstar System Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.2 B2.1 B1.4 B
Slightly volatile
Short and Long Term Debt Total147.3 M152.6 M157.5 M
Slightly volatile
Other Current Liabilities111.4 M218.3 M142.2 M
Slightly volatile
Total Current Liabilities815.3 M776.5 M556 M
Slightly volatile
Total Stockholder Equity1.2 B1.1 B657.2 M
Slightly volatile
Property Plant And Equipment Net172.1 M328.9 M237.4 M
Slightly volatile
Retained Earnings3.4 B3.2 B1.8 B
Slightly volatile
Accounts Payable478.1 M455.4 M302.3 M
Slightly volatile
Cash580.9 M553.2 M249.3 M
Slightly volatile
Non Current Assets Total272.6 M516.5 M366.4 M
Slightly volatile
Cash And Short Term Investments652.9 M621.8 M293.3 M
Slightly volatile
Net Receivables471.9 M905.2 M640.6 M
Slightly volatile
Common Stock Shares Outstanding48.6 M32.3 M45.2 M
Slightly volatile
Liabilities And Stockholders Equity2.2 B2.1 B1.4 B
Slightly volatile
Non Current Liabilities Total147.5 M164.1 M151 M
Slightly volatile
Other Current Assets16.6 M28.7 M18.1 M
Slightly volatile
Total Liabilities522 M940.6 M679.5 M
Slightly volatile
Total Current Assets1.6 B1.6 B982.9 M
Slightly volatile
Short Term Debt59 M102.8 M80.3 M
Slightly volatile
Intangible Assets42 M48.6 M40.8 M
Very volatile
Common Stock543.8 K787.8 K639.3 K
Slightly volatile
Good Will31.8 M38 M40.5 M
Slightly volatile
Common Stock Total Equity572.1 K786.6 K646.5 K
Slightly volatile
Property Plant And Equipment Gross870.6 M829.1 M407.5 M
Slightly volatile
Short Term Investments72 M68.6 M44.2 M
Slightly volatile
Other Liabilities58.6 M112.7 M73.5 M
Slightly volatile
Other Assets164.6 M156.7 M99.9 M
Slightly volatile
Long Term Debt72.2 M60.5 M79.1 M
Slightly volatile
Property Plant Equipment192.6 M362.2 M243.8 M
Slightly volatile
Net Tangible Assets607.7 M972.9 M594.6 M
Slightly volatile
Long Term Debt Total70.2 M60.5 M80.4 M
Slightly volatile
Capital Surpluse230.9 M297.3 M218 M
Slightly volatile
Non Current Liabilities Other120.1 M114.4 M48.8 M
Slightly volatile
Short and Long Term Debt89.7 M55.4 M115.6 M
Slightly volatile
Capital Lease Obligations98.9 M81.8 M90.2 M
Slightly volatile
Net Invested CapitalB1.2 B914.9 M
Slightly volatile
Long Term Investments50.3 M56.8 M47.3 M
Slightly volatile
Net Working Capital541.7 M779.1 M478.5 M
Slightly volatile
Capital Stock750.4 K787.8 K691.4 K
Slightly volatile

Landstar System Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue6.4 B6.1 B4.2 B
Slightly volatile
Gross Profit433.3 M821.4 M562.6 M
Slightly volatile
Other Operating ExpensesB5.7 B3.9 B
Slightly volatile
Operating Income204.8 M395.8 M277.2 M
Slightly volatile
EBIT403.3 M384.1 M275 M
Slightly volatile
EBITDA473.5 M451 M311.5 M
Slightly volatile
Cost Of Revenue5.5 B5.3 B3.6 B
Slightly volatile
Total Operating Expenses332.5 M437.3 M294 M
Slightly volatile
Income Before Tax420.3 M400.3 M288.3 M
Slightly volatile
Net Income319.3 M304.1 M211 M
Slightly volatile
Income Tax Expense61.3 M96.3 M76.9 M
Slightly volatile
Selling General Administrative264.6 M243.6 M230.4 M
Slightly volatile
Selling And Marketing Expenses558.7 M532.1 M344.2 M
Slightly volatile
Net Income Applicable To Common Shares520.3 M495.6 M248.1 M
Slightly volatile
Net Income From Continuing Ops222.1 M344.7 M212.1 M
Slightly volatile
Discontinued Operations29.7 M33.4 M36.4 M
Slightly volatile
Tax Provision96.3 M110.3 M90.6 M
Pretty Stable
Interest Income3.9 M4.5 M3.6 M
Slightly volatile
Reconciled Depreciation53.6 M68.2 M46.7 M
Slightly volatile
Extraordinary Items34.8 M50.2 M31.5 M
Slightly volatile
Non Recurring2.1 M2.3 M2.5 M
Slightly volatile

Landstar System Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation5.7 M4.9 M7.7 M
Slightly volatile
Free Cash Flow444.3 M423.2 M239.6 M
Slightly volatile
Begin Period Cash Flow410 M390.5 M201.3 M
Slightly volatile
Other Non Cash Items8.2 M8.7 M8.6 M
Pretty Stable
Capital Expenditures31 M29.5 M17.1 M
Slightly volatile
Total Cash From Operating Activities475.3 M452.7 M256.6 M
Slightly volatile
Net Income319.3 M304.1 M208.8 M
Slightly volatile
End Period Cash Flow580.9 M553.2 M248.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.630.7870.9367
Pretty Stable
PTB Ratio5.115.946.8326
Pretty Stable
Capex To Depreciation0.260.410.4864
Slightly volatile
PB Ratio5.115.946.8326
Pretty Stable
ROIC0.180.330.2914
Pretty Stable
Net Income Per Share12.5911.99428.4249
Slightly volatile
Payables Turnover18.6516.3512.0848
Slightly volatile
Sales General And Administrative To Revenue0.0510.05370.0585
Slightly volatile
Research And Ddevelopement To Revenue0.00.00.0
Slightly volatile
POCF Ratio10.2710.8118.2607
Slightly volatile
Capex To Operating Cash Flow0.04560.0480.0852
Slightly volatile
PFCF Ratio10.7211.2819.9562
Slightly volatile
Income Quality1.41.661.0386
Slightly volatile
ROE0.260.440.4087
Pretty Stable
EV To Operating Cash Flow10.0210.5418.2975
Slightly volatile
PE Ratio16.513.581618.6007
Pretty Stable
Return On Tangible Assets0.110.210.1792
Pretty Stable
EV To Free Cash Flow10.4511.020.0272
Slightly volatile
Earnings Yield0.05920.07360.0593
Slightly volatile
Intangibles To Total Assets0.02330.02450.0291
Slightly volatile
Current Ratio1.371.481.5799
Very volatile
Receivables Turnover7.328.356.1076
Slightly volatile
Debt To Equity0.240.250.3029
Slightly volatile
Revenue Per Share217207152
Slightly volatile
Debt To Assets0.210.120.1308
Slightly volatile
Dividend Yield0.01870.01780.0152
Slightly volatile
Days Sales Outstanding44.7645.2461.0771
Slightly volatile
Book Value Per Share23.3422.2320.3663
Slightly volatile
Free Cash Flow Yield0.0650.120.0582
Slightly volatile
Operating Cash Flow Per Share16.3815.68.9928
Slightly volatile
Average Payables525.6 M609.3 M456.5 M
Slightly volatile
Stock Based Compensation To Revenue0.00160.00150.0029
Slightly volatile
EV To Sales0.630.690.9001
Very volatile
Free Cash Flow Per Share15.6914.958.416
Slightly volatile
Average Inventory0.40.450.4906
Slightly volatile
Capex To Revenue0.00610.0040.0043
Very volatile
Cash Per Share10.359.867.4336
Slightly volatile
Payout Ratio0.160.240.2517
Slightly volatile
Days Payables Outstanding19.0423.1132.1589
Slightly volatile
Tangible Book Value Per Share22.2521.1919.3271
Slightly volatile
Graham Number77.1573.4763.2449
Slightly volatile
Shareholders Equity Per Share23.3422.2320.3663
Slightly volatile
Capex Per Share0.680.650.5761
Slightly volatile
Interest Debt Per Share5.265.015.1945
Slightly volatile
Enterprise Value Over EBITDA7.978.1811.8479
Slightly volatile
Short Term Coverage Ratios6.336.033.6183
Slightly volatile
Price Earnings Ratio16.513.581618.6007
Pretty Stable
Price Book Value Ratio5.115.946.8326
Pretty Stable
Price To Operating Cash Flows Ratio10.2710.8118.2607
Slightly volatile
Price To Free Cash Flows Ratio10.7211.2819.9562
Slightly volatile
Pretax Profit Margin0.04730.07630.0695
Slightly volatile
Ebt Per Ebit0.740.99370.9762
Pretty Stable
Operating Profit Margin0.05250.07680.0704
Slightly volatile
Effective Tax Rate0.390.24060.2749
Pretty Stable
Company Equity Multiplier2.822.52.4137
Slightly volatile
Long Term Debt To Capitalization0.07690.0810.1123
Slightly volatile
Total Debt To Capitalization0.350.210.2345
Slightly volatile
Return On Capital Employed0.420.620.4657
Slightly volatile
Debt Equity Ratio0.240.250.3029
Slightly volatile
Ebit Per Revenue0.05250.07680.0704
Slightly volatile
Quick Ratio1.371.481.5799
Very volatile
Dividend Paid And Capex Coverage Ratio7.635.053.5874
Pretty Stable
Net Income Per E B T0.510.75940.7189
Very volatile
Cash Ratio0.230.350.2892
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.640.860.8894
Very volatile
Cash Flow Coverage Ratios3.02.851.6996
Slightly volatile
Price To Book Ratio5.115.946.8326
Pretty Stable
Fixed Asset Turnover20.0127.1520.6069
Slightly volatile
Capital Expenditure Coverage Ratio12.7121.5514.4799
Slightly volatile
Price Cash Flow Ratio10.2710.8118.2607
Slightly volatile
Debt Ratio0.210.120.1308
Slightly volatile
Cash Flow To Debt Ratio3.02.851.6996
Slightly volatile
Price Sales Ratio0.630.7870.9367
Pretty Stable
Return On Assets0.10.20.1735
Pretty Stable
Asset Turnover3.754.433.3972
Slightly volatile
Net Profit Margin0.03090.05790.0509
Very volatile
Gross Profit Margin0.170.12910.1509
Pretty Stable
Price Fair Value5.115.946.8326
Pretty Stable
Return On Equity0.260.440.4087
Pretty Stable
Operating Cycle44.8445.2461.0801
Slightly volatile
Days Of Payables Outstanding19.0423.1132.1589
Slightly volatile
Dividend Payout Ratio0.160.240.2517
Slightly volatile
Cash Conversion Cycle35.4828.2829.9105
Slightly volatile
Operating Cash Flow Sales Ratio0.03820.07540.0519
Slightly volatile
Days Of Sales Outstanding44.7645.2461.0771
Slightly volatile
Enterprise Value Multiple7.978.1811.8479
Slightly volatile

Landstar System Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap359.3 M378.2 M4.6 B
Slightly volatile
Enterprise Value386.5 M406.8 M4.6 B
Slightly volatile

Landstar Fundamental Market Drivers

Forward Price Earnings24.9377
Cash And Short Term Investments540.7 M

Landstar Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Landstar System Financial Statements

Landstar System shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Landstar System investors may analyze each financial statement separately, they are all interrelated. The changes in Landstar System's assets and liabilities, for example, are also reflected in the revenues and expenses on on Landstar System's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-47.1 M-44.8 M
Total Revenue6.1 B6.4 B
Cost Of Revenue5.3 B5.5 B
Sales General And Administrative To Revenue 0.05  0.05 
Revenue Per Share 206.99  217.34 
Capex To Revenue 0.00  0.01 
Ebit Per Revenue 0.08  0.05 

Pair Trading with Landstar System

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Landstar System position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Landstar System will appreciate offsetting losses from the drop in the long position's value.

Moving together with Landstar Stock

  0.77EXPD Expeditors InternationalPairCorr
  0.63GXO GXO LogisticsPairCorr

Moving against Landstar Stock

  0.61B Barnes GroupPairCorr
  0.57ATXG Addentax Group CorpPairCorr
  0.55JYD Jayud Global Logistics Downward RallyPairCorr
  0.49CRGO Freightos LimitedPairCorr
  0.41CRGOW Freightos LimitedPairCorr
The ability to find closely correlated positions to Landstar System could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Landstar System when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Landstar System - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Landstar System to buy it.
The correlation of Landstar System is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Landstar System moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Landstar System moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Landstar System can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Landstar Stock Analysis

When running Landstar System's price analysis, check to measure Landstar System's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Landstar System is operating at the current time. Most of Landstar System's value examination focuses on studying past and present price action to predict the probability of Landstar System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landstar System's price. Additionally, you may evaluate how the addition of Landstar System to your portfolios can decrease your overall portfolio volatility.