LSTR
Landstar System Inc
NASDAQ: LSTR · INDUSTRIALS · INTEGRATED FREIGHT & LOGISTICS
$184.59
+1.20% today
Updated 2026-04-29
Market cap
$6.27B
P/E ratio
50.99
P/S ratio
1.32x
EPS (TTM)
$3.62
Dividend yield
—
52W range
$117 – $196
Volume
0.5M
Landstar System Inc (LSTR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.51B | $2.49B | $2.64B | $2.01B | $2.40B | $2.65B | $2.77B | $2.67B | $3.19B | $3.32B | $3.17B | $3.65B | $4.62B | $4.09B | $4.14B | $6.54B | $7.44B | $5.31B | $4.83B | $4.74B |
| Revenue growth (YoY) | — | -1.1% | +6.3% | -23.9% | +19.4% | +10.4% | +4.7% | -3.8% | +19.5% | +4.3% | -4.6% | +15.1% | +26.6% | -11.5% | +1.1% | +58.1% | +13.7% | -28.6% | -9.0% | -1.9% |
| Cost of revenue | $2.22B | $2.21B | $2.00B | $1.46B | $1.87B | $2.05B | $2.17B | $2.10B | $2.51B | $2.60B | $2.47B | $2.87B | $3.65B | $3.21B | $3.28B | $5.22B | $5.93B | $4.18B | $3.86B | $4.12B |
| Gross profit | $298.48M | $273.78M | $646.06M | $552.46M | $526.53M | $599.21M | $604.75M | $568.89M | $678.75M | $722.39M | $696.19M | $781.21M | $973.32M | $881.83M | $855.76M | $1.32B | $1.51B | $1.13B | $974.88M | $621.63M |
| Gross margin | 11.9% | 11.0% | 24.4% | 27.5% | 21.9% | 22.6% | 21.8% | 21.3% | 21.3% | 21.7% | 22.0% | 21.4% | 21.1% | 21.6% | 20.7% | 20.2% | 20.3% | 21.3% | 20.2% | 13.1% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | $33000.00 | $35.00M | $34.00M | — |
| SG&A | $373.54M | $375.64M | $101.67M | $133.61M | $153.08M | $152.91M | $191.02M | $131.71M | $150.25M | $150.02M | $143.24M | $170.58M | $188.21M | $158.95M | $167.63M | $221.28M | $221.28M | $211.80M | $217.71M | $389.98M |
| Operating income | $191.22M | $184.69M | $186.84M | $113.74M | $139.97M | $183.25M | $197.92M | $176.59M | $224.37M | $241.71M | $223.25M | $243.97M | $331.74M | $298.90M | $252.95M | $505.67M | $571.08M | $344.15M | $248.91M | $170.06M |
| Operating margin | 7.6% | 7.4% | 7.1% | 5.7% | 5.8% | 6.9% | 7.1% | 6.6% | 7.0% | 7.3% | 7.0% | 6.7% | 7.2% | 7.3% | 6.1% | 7.7% | 7.7% | 6.5% | 5.1% | 3.6% |
| EBITDA | $203.76M | $203.78M | $207.80M | $137.27M | $164.78M | $209.06M | $223.14M | $200.91M | $249.80M | $270.59M | $255.57M | $283.75M | $374.33M | $342.36M | $326.90M | $553.45M | $625.59M | $397.73M | $304.05M | $197.97M |
| EBITDA margin | 8.1% | 8.2% | 7.9% | 6.8% | 6.9% | 7.9% | 8.0% | 7.5% | 7.8% | 8.1% | 8.1% | 7.8% | 8.1% | 8.4% | 7.9% | 8.5% | 8.4% | 7.5% | 6.3% | 4.2% |
| EBIT | $186.97M | $184.69M | $186.84M | $113.74M | $139.97M | $183.25M | $195.68M | $173.24M | $222.23M | $241.49M | $219.77M | $243.19M | $330.76M | $297.89M | $281.04M | $503.84M | $568.14M | $339.57M | $247.31M | $151.58M |
| Interest expense | $6.82M | $6.68M | $7.35M | $4.03M | $3.62M | $3.11M | $3.10M | $3.21M | $3.18M | $2.95M | $3.79M | $3.17M | $3.35M | $3.14M | $3.95M | $3.98M | $3.62M | $3.95M | $5.42M | $996000.00 |
| Income tax | $71.31M | $68.36M | $68.56M | $39.76M | $49.77M | $67.19M | $72.97M | $64.46M | $82.39M | $91.07M | $82.11M | $63.81M | $73.17M | $68.06M | $56.89M | $120.17M | $136.55M | $83.70M | $58.38M | $35.57M |
| Effective tax rate | 38.7% | 38.4% | 38.2% | 36.1% | 36.3% | 37.3% | 36.0% | 30.6% | 37.2% | 38.1% | 37.4% | 26.5% | 22.3% | 23.0% | 22.8% | 24.0% | 24.1% | 24.0% | 23.0% | 23.6% |
| Net income | $113.08M | $109.65M | $110.93M | $70.39M | $87.51M | $113.01M | $129.78M | $146.01M | $138.81M | $147.69M | $137.35M | $177.09M | $255.28M | $227.72M | $192.11M | $381.52M | $430.91M | $264.39M | $195.95M | $115.01M |
| Net income growth (YoY) | — | -3.0% | +1.2% | -36.5% | +24.3% | +29.1% | +14.8% | +12.5% | -4.9% | +6.4% | -7.0% | +28.9% | +44.2% | -10.8% | -15.6% | +98.6% | +12.9% | -38.6% | -25.9% | -41.3% |
| Profit margin | 4.5% | 4.4% | 4.2% | 3.5% | 3.6% | 4.3% | 4.7% | 5.5% | 4.4% | 4.4% | 4.3% | 4.9% | 5.5% | 5.6% | 4.6% | 5.8% | 5.8% | 5.0% | 4.1% | 2.4% |