Landstar Gross Profit from 2010 to 2024

LSTR Stock

USD 179.45 0.07 0.04%

Landstar System Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 433.3 M. Gross Profit is the profit Landstar System makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1993-03-31

Previous Quarter

160.6 M

Current Value

156 M

Quarterly Volatility

63.2 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

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 61.1 M, Interest Expense of 2.9 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0187 or PTB Ratio of 5.11. 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.

Latest Landstar System's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Landstar System over the last few years. Gross profit is a required income statement account that reflects total revenue of Landstar System minus its cost of goods sold. It is profit before Landstar System operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Landstar System's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Landstar System's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 1.51 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Landstar Gross Profit Regression Statistics

	Arithmetic Mean	545,319,752
	Geometric Mean	512,212,923
	Coefficient Of Variation	35.38
	Mean Deviation	142,672,099
	Median	503,285,000
	Standard Deviation	192,950,119
	Sample Variance	37229.7T
	Range	769M
	R-Value	0.64
	Mean Square Error	23635.5T
	R-Squared	0.41
	Significance	0.01
	Slope	27,642,832
	Total Sum of Squares	521216.5T

Landstar Gross Profit History

	2024	433.3 M
	2023	714.2 M
	2022	960.2 M
	2021	866.1 M
	2020	553.5 M
	2019	570.4 M
	2018	623.6 M

Other Fundumenentals of Landstar System

Gross Profit Margin

Landstar System Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Good Will	Short Term Investments	Current Deferred Revenue	Long Term Debt	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Long Term Investments	Net Working Capital	Capital Stock
Total Assets		0.78	-0.38	0.78	0.87	0.96	0.97	0.86	0.91	0.15	0.64	-0.28	0.59	0.21	-0.57	-0.88	0.93	0.91	-0.75	0.85	0.47	-0.31	0.67	0.58	0.55	-0.09
Total Stockholder Equity	0.78		-0.79	0.99	0.88	0.71	0.72	0.97	0.69	0.12	0.48	-0.47	0.52	-0.2	-0.66	-0.96	0.79	0.89	-0.84	0.9	0.45	-0.58	0.82	0.72	0.75	0.51
Net Debt	-0.38	-0.79		-0.78	-0.48	-0.24	-0.27	-0.67	-0.2	-0.07	-0.11	0.35	-0.3	0.5	0.7	0.66	-0.47	-0.68	0.71	-0.75	-0.25	0.71	-0.64	-0.81	-0.78	-0.63
Retained Earnings	0.78	0.99	-0.78		0.88	0.71	0.73	0.96	0.68	0.17	0.51	-0.44	0.55	-0.2	-0.63	-0.97	0.78	0.88	-0.82	0.88	0.48	-0.55	0.82	0.74	0.75	0.51
Accounts Payable	0.87	0.88	-0.48	0.88		0.91	0.9	0.96	0.85	0.18	0.47	-0.3	0.42	0.01	-0.53	-0.91	0.77	0.84	-0.76	0.83	0.47	-0.26	0.85	0.61	0.63	0.32
Net Receivables	0.96	0.71	-0.24	0.71	0.91		0.99	0.85	0.91	0.18	0.56	-0.2	0.45	0.25	-0.48	-0.82	0.83	0.82	-0.68	0.76	0.42	-0.13	0.69	0.48	0.46	-0.07
Total Liab	0.97	0.72	-0.27	0.73	0.9	0.99		0.85	0.9	0.19	0.61	-0.22	0.49	0.29	-0.49	-0.84	0.85	0.83	-0.69	0.76	0.44	-0.17	0.67	0.51	0.45	-0.07
Total Current Assets	0.86	0.97	-0.67	0.96	0.96	0.85	0.85		0.77	0.18	0.5	-0.38	0.47	-0.07	-0.63	-0.97	0.8	0.89	-0.83	0.88	0.45	-0.42	0.86	0.7	0.7	0.42
Short Term Debt	0.91	0.69	-0.2	0.68	0.85	0.91	0.9	0.77		-0.02	0.57	-0.36	0.53	0.29	-0.43	-0.79	0.84	0.8	-0.64	0.72	0.48	-0.15	0.65	0.36	0.43	-0.1
Intangible Assets	0.15	0.12	-0.07	0.17	0.18	0.18	0.19	0.18	-0.02		0.21	0.7	-0.07	-0.05	0.3	-0.16	0.01	0.04	0.15	0.08	-0.04	-0.05	0.23	0.31	0.27	0.07
Common Stock	0.64	0.48	-0.11	0.51	0.47	0.56	0.61	0.5	0.57	0.21		-0.42	0.72	0.3	-0.09	-0.58	0.63	0.45	-0.32	0.35	0.17	-0.19	0.13	0.14	0.11	-0.13
Good Will	-0.28	-0.47	0.35	-0.44	-0.3	-0.2	-0.22	-0.38	-0.36	0.7	-0.42		-0.51	0.01	0.49	0.42	-0.42	-0.38	0.52	-0.33	-0.21	0.26	-0.12	-0.06	-0.07	-0.25
Short Term Investments	0.59	0.52	-0.3	0.55	0.42	0.45	0.49	0.47	0.53	-0.07	0.72	-0.51		0.12	-0.23	-0.6	0.75	0.54	-0.39	0.51	0.42	-0.5	0.21	0.28	0.34	-0.1
Current Deferred Revenue	0.21	-0.2	0.5	-0.2	0.01	0.25	0.29	-0.07	0.29	-0.05	0.3	0.01	0.12		0.32	0.05	0.19	-0.04	0.22	-0.24	0.24	0.06	-0.32	-0.37	-0.55	-0.51
Long Term Debt	-0.57	-0.66	0.7	-0.63	-0.53	-0.48	-0.49	-0.63	-0.43	0.3	-0.09	0.49	-0.23	0.32		0.62	-0.58	-0.76	0.94	-0.76	-0.19	0.32	-0.56	-0.67	-0.55	-0.23
Treasury Stock	-0.88	-0.96	0.66	-0.97	-0.91	-0.82	-0.84	-0.97	-0.79	-0.16	-0.58	0.42	-0.6	0.05	0.62		-0.86	-0.91	0.82	-0.88	-0.54	0.47	-0.8	-0.69	-0.68	-0.35
Property Plant Equipment	0.93	0.79	-0.47	0.78	0.77	0.83	0.85	0.8	0.84	0.01	0.63	-0.42	0.75	0.19	-0.58	-0.86		0.93	-0.75	0.86	0.6	-0.56	0.56	0.58	0.54	-0.08
Net Tangible Assets	0.91	0.89	-0.68	0.88	0.84	0.82	0.83	0.89	0.8	0.04	0.45	-0.38	0.54	-0.04	-0.76	-0.91	0.93		-0.89	0.97	0.51	-0.56	0.75	0.74	0.72	0.13
Long Term Debt Total	-0.75	-0.84	0.71	-0.82	-0.76	-0.68	-0.69	-0.83	-0.64	0.15	-0.32	0.52	-0.39	0.22	0.94	0.82	-0.75	-0.89		-0.87	-0.35	0.38	-0.7	-0.74	-0.63	-0.29
Capital Surpluse	0.85	0.9	-0.75	0.88	0.83	0.76	0.76	0.88	0.72	0.08	0.35	-0.33	0.51	-0.24	-0.76	-0.88	0.86	0.97	-0.87		0.48	-0.53	0.83	0.83	0.85	0.22
Deferred Long Term Liab	0.47	0.45	-0.25	0.48	0.47	0.42	0.44	0.45	0.48	-0.04	0.17	-0.21	0.42	0.24	-0.19	-0.54	0.6	0.51	-0.35	0.48		-0.42	0.35	0.38	0.28	0.08
Short Long Term Debt	-0.31	-0.58	0.71	-0.55	-0.26	-0.13	-0.17	-0.42	-0.15	-0.05	-0.19	0.26	-0.5	0.06	0.32	0.47	-0.56	-0.56	0.38	-0.53	-0.42		-0.24	-0.47	-0.44	-0.3
Net Invested Capital	0.67	0.82	-0.64	0.82	0.85	0.69	0.67	0.86	0.65	0.23	0.13	-0.12	0.21	-0.32	-0.56	-0.8	0.56	0.75	-0.7	0.83	0.35	-0.24		0.76	0.87	0.47
Long Term Investments	0.58	0.72	-0.81	0.74	0.61	0.48	0.51	0.7	0.36	0.31	0.14	-0.06	0.28	-0.37	-0.67	-0.69	0.58	0.74	-0.74	0.83	0.38	-0.47	0.76		0.87	0.34
Net Working Capital	0.55	0.75	-0.78	0.75	0.63	0.46	0.45	0.7	0.43	0.27	0.11	-0.07	0.34	-0.55	-0.55	-0.68	0.54	0.72	-0.63	0.85	0.28	-0.44	0.87	0.87		0.38
Capital Stock	-0.09	0.51	-0.63	0.51	0.32	-0.07	-0.07	0.42	-0.1	0.07	-0.13	-0.25	-0.1	-0.51	-0.23	-0.35	-0.08	0.13	-0.29	0.22	0.08	-0.3	0.47	0.34	0.38

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About Landstar System Financial Statements

Landstar System shareholders use historical fundamental indicators, such as Gross Profit, 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 Reported	Projected for Next Year
Gross Profit	714.2 M	433.3 M
Gross Profit Margin	0.15	0.17

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.

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 Correlation Correlation 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.

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