See more : Wellard Limited (WLD.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Landstar System, Inc. (LSTR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Landstar System, Inc., a leading company in the Integrated Freight & Logistics industry within the Industrials sector.
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Landstar System, Inc. (LSTR)
About Landstar System, Inc.
Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The company operates through two segments: Transportation Logistics, and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, such as third party logistics, small package and less-than-truckload service providers. It provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. This segment serves the automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment reinsures certain risks of the company's independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.30B | 7.44B | 6.54B | 4.13B | 4.08B | 4.62B | 3.65B | 3.17B | 3.32B | 3.18B | 2.66B | 2.79B | 2.65B | 2.40B | 2.01B | 2.64B | 2.49B | 2.51B | 2.52B | 2.02B | 1.60B | 1.51B | 1.39B | 1.42B | 1.39B | 1.28B | 1.31B | 1.28B | 1.20B | 984.40M | 780.50M |
| Cost of Revenue | 4.59B | 6.48B | 5.67B | 3.58B | 3.51B | 3.99B | 3.14B | 2.72B | 2.85B | 2.74B | 2.29B | 2.38B | 2.05B | 1.87B | 1.46B | 2.00B | 2.21B | 2.22B | 2.22B | 1.83B | 1.44B | 1.35B | 1.24B | 1.25B | 1.23B | 1.16B | 1.20B | 1.16B | 918.70M | 741.70M | 589.30M |
| Gross Profit | 714.24M | 960.23M | 866.08M | 553.50M | 570.41M | 623.61M | 503.29M | 451.97M | 470.39M | 445.29M | 378.83M | 418.26M | 599.21M | 526.53M | 552.46M | 646.06M | 273.78M | 298.48M | 296.63M | 190.15M | 156.47M | 152.98M | 153.19M | 165.15M | 156.05M | 125.55M | 116.47M | 125.95M | 286.00M | 242.70M | 191.20M |
| Gross Profit Ratio | 13.47% | 12.91% | 13.25% | 13.39% | 13.96% | 13.51% | 13.80% | 14.27% | 14.16% | 13.98% | 14.22% | 14.97% | 22.62% | 21.94% | 27.48% | 24.44% | 11.01% | 11.87% | 11.78% | 9.41% | 9.80% | 10.15% | 11.00% | 11.64% | 11.24% | 9.78% | 8.87% | 9.81% | 23.74% | 24.65% | 24.50% |
| Research & Development | 0.00 | 33.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 211.80M | 347.11M | 326.74M | 255.41M | 239.27M | 263.89M | 233.13M | 200.52M | 198.46M | 196.53M | 182.15M | 191.02M | 152.91M | 153.08M | 133.61M | -101.67M | 375.64M | 373.54M | 387.98M | 339.81M | 277.54M | 262.97M | 243.21M | 246.17M | 245.04M | 235.83M | 241.01M | 215.67M | 205.00M | 180.00M | 0.00 |
| Selling & Marketing | 0.00 | 614.87M | 507.21M | 328.19M | 342.23M | 378.00M | 297.41M | 264.20M | 270.26M | 250.78M | 211.36M | 218.12M | 210.09M | 181.41M | 160.57M | 203.06M | -200.63M | -199.78M | -203.73M | -161.01M | -126.00M | -118.86M | -110.51M | -113.72M | -111.70M | -101.40M | -99.80M | -87.90M | -74.00M | -61.50M | 0.00 |
| SG&A | 211.80M | 347.11M | 326.74M | 255.41M | 239.27M | 263.89M | 233.13M | 200.52M | 198.46M | 196.53M | 182.15M | 191.02M | 363.00M | 334.49M | 294.18M | 101.38M | 175.01M | 173.76M | 184.25M | 178.80M | 151.54M | 144.11M | 132.69M | 132.45M | 133.34M | 134.43M | 141.21M | 127.77M | 131.00M | 118.50M | 143.40M |
| Other Expenses | 112.31M | 45.19M | 36.53M | 30.46M | 37.27M | 31.80M | 28.69M | 29.70M | 31.62M | 25.77M | 21.57M | 22.95M | 54.68M | 53.63M | 52.70M | 48.99M | 19.09M | 16.80M | 15.92M | 13.96M | 12.74M | 11.52M | 13.54M | 18.27M | 11.70M | 10.16M | 20.88M | 23.99M | 20.80M | 14.30M | 16.40M |
| Operating Expenses | 380.23M | 392.31M | 363.27M | 285.87M | 276.55M | 295.69M | 261.82M | 230.22M | 230.08M | 222.30M | 203.72M | 213.97M | 417.67M | 388.12M | 346.88M | 2.42B | 194.10M | 190.56M | 200.17M | 192.76M | 164.28M | 155.63M | 146.24M | 150.72M | 145.04M | 144.59M | 162.10M | 151.76M | 151.80M | 132.80M | 159.80M |
| Cost & Expenses | 4.97B | 6.87B | 6.03B | 3.87B | 3.79B | 4.29B | 3.40B | 2.95B | 3.08B | 2.96B | 2.49B | 2.59B | 2.47B | 2.26B | 1.80B | 2.42B | 2.41B | 2.41B | 2.42B | 2.02B | 1.60B | 1.51B | 1.39B | 1.40B | 1.38B | 1.30B | 1.36B | 1.31B | 1.07B | 874.50M | 749.10M |
| Interest Income | 3.95M | 11.72M | 5.55M | 1.71M | 2.99M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.71M | 1.56M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 3.62M | 3.98M | 3.95M | 3.14M | 3.35M | 3.17M | 3.79M | 2.95M | 3.18M | 3.21M | 3.10M | 3.11M | 3.62M | 4.03M | 7.35M | 6.69M | 6.82M | 4.74M | 0.00 | 3.24M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 58.15M | 57.45M | 49.61M | 45.86M | 44.47M | 43.57M | 40.56M | 35.80M | 29.10M | 27.58M | 27.67M | 27.46M | 25.81M | 24.80M | 23.53M | 20.96M | 19.09M | 16.80M | 15.92M | 13.96M | 12.74M | 11.52M | 12.33M | 11.79M | 10.48M | 8.89M | 18.78M | 21.88M | -20.80M | -13.90M | -16.40M |
| EBITDA | 392.16M | 628.54M | 555.28M | 298.81M | 343.37M | 375.31M | 284.53M | 259.05M | 270.81M | 251.95M | 204.26M | 223.14M | 209.06M | 164.78M | 137.27M | 207.80M | 203.78M | 203.77M | 206.45M | 133.38M | 96.31M | 93.25M | 86.36M | 27.43M | 22.71M | -8.88M | -21.51M | 10.22M | 70.85M | 123.80M | 47.80M |
| EBITDA Ratio | 7.39% | 7.64% | 7.69% | 6.48% | 7.19% | 7.11% | 6.62% | 7.00% | 7.24% | 7.00% | 6.57% | 7.31% | 7.89% | 6.87% | 6.83% | 9.24% | 3.97% | 4.96% | 4.46% | 0.56% | 0.31% | 0.59% | 1.47% | 1.93% | 1.64% | -0.69% | -1.64% | 0.43% | 12.87% | 12.58% | 6.12% |
| Operating Income | 344.15M | 571.08M | 505.67M | 252.95M | 298.90M | 331.74M | 243.97M | 223.25M | 241.71M | 224.37M | 176.59M | 205.85M | 183.25M | 139.97M | 113.74M | 186.84M | 184.69M | 191.22M | 199.48M | 119.42M | 84.80M | 83.68M | 76.39M | 82.61M | 81.71M | 61.45M | 47.17M | 39.90M | 134.20M | 109.90M | 31.40M |
| Operating Income Ratio | 6.49% | 7.68% | 7.73% | 6.12% | 7.32% | 7.19% | 6.69% | 7.05% | 7.28% | 7.05% | 6.63% | 7.37% | 6.92% | 5.83% | 5.66% | 7.07% | 7.43% | 7.61% | 7.92% | 5.91% | 5.31% | 5.55% | 5.48% | 5.82% | 5.89% | 4.79% | 3.59% | 3.11% | 11.14% | 11.16% | 4.02% |
| Total Other Income/Expenses | 3.95M | -3.62M | -3.98M | -3.95M | -3.14M | -3.35M | -3.17M | -3.79M | -2.95M | -3.18M | -3.21M | 2.01M | -3.11M | -3.62M | -4.03M | -7.35M | -6.69M | -6.82M | -2.05M | -3.03M | -3.24M | -4.29M | -6.80M | -9.13M | -4.51M | -3.50M | -2.71M | -7.55M | -91.74M | -68.30M | -6.80M |
| Income Before Tax | 348.10M | 567.46M | 501.69M | 249.00M | 295.76M | 328.38M | 240.80M | 219.46M | 238.76M | 221.20M | 173.38M | 202.75M | 180.13M | 136.35M | 109.71M | 179.49M | 178.01M | 184.40M | 194.74M | 116.39M | 81.56M | 79.39M | 69.58M | 73.49M | 77.21M | 57.95M | 42.57M | 32.35M | 42.50M | 41.60M | 24.60M |
| Income Before Tax Ratio | 6.56% | 7.63% | 7.67% | 6.02% | 7.24% | 7.12% | 6.60% | 6.93% | 7.19% | 6.95% | 6.51% | 7.26% | 6.80% | 5.68% | 5.46% | 6.79% | 7.16% | 7.34% | 7.73% | 5.76% | 5.11% | 5.27% | 5.00% | 5.18% | 5.56% | 4.51% | 3.24% | 2.52% | 3.53% | 4.23% | 3.15% |
| Income Tax Expense | 83.70M | 136.55M | 120.17M | 56.89M | 68.06M | 73.17M | 63.81M | 82.11M | 91.07M | 82.39M | 64.46M | 72.97M | 67.19M | 49.77M | 39.76M | 68.56M | 68.36M | 71.31M | 74.78M | 44.52M | 30.86M | 30.17M | 26.79M | 28.29M | 31.27M | 23.47M | 17.88M | 13.43M | 17.50M | 17.20M | 11.00M |
| Net Income | 264.39M | 430.91M | 381.52M | 192.11M | 227.72M | 255.28M | 177.09M | 137.35M | 147.69M | 138.81M | 146.01M | 129.78M | 113.01M | 87.51M | 70.40M | 110.93M | 109.65M | 113.09M | 115.60M | 71.87M | 50.70M | 49.22M | 42.79M | 45.19M | 45.94M | 11.89M | 24.69M | 18.93M | 24.96M | 24.40M | 11.80M |
| Net Income Ratio | 4.99% | 5.79% | 5.84% | 4.65% | 5.58% | 5.53% | 4.86% | 4.34% | 4.45% | 4.36% | 5.48% | 4.65% | 4.27% | 3.65% | 3.50% | 4.20% | 4.41% | 4.50% | 4.59% | 3.56% | 3.18% | 3.27% | 3.07% | 3.19% | 3.31% | 0.93% | 1.88% | 1.47% | 2.07% | 2.48% | 1.51% |
| EPS | 7.36 | 11.99 | 10.12 | 4.98 | 5.72 | 6.19 | 4.22 | 3.26 | 3.38 | 3.09 | 3.17 | 2.78 | 2.38 | 1.77 | 1.38 | 2.11 | 2.01 | 1.95 | 1.95 | 1.19 | 0.82 | 0.76 | 0.64 | 0.64 | 0.57 | 0.14 | 0.25 | 0.19 | 0.24 | 0.24 | 0.12 |
| EPS Diluted | 7.36 | 11.76 | 9.98 | 4.98 | 5.72 | 6.18 | 4.21 | 3.25 | 3.37 | 3.07 | 3.16 | 2.77 | 2.38 | 1.77 | 1.37 | 2.10 | 1.99 | 1.93 | 1.91 | 1.16 | 0.79 | 0.74 | 0.63 | 0.63 | 0.57 | 0.13 | 0.25 | 0.18 | 0.24 | 0.24 | 0.12 |
| Weighted Avg Shares Out | 35.92M | 35.93M | 37.69M | 38.60M | 39.79M | 41.27M | 41.94M | 42.11M | 43.66M | 44.96M | 46.04M | 46.70M | 47.44M | 49.52M | 51.10M | 52.50M | 54.68M | 57.85M | 59.20M | 60.15M | 61.46M | 64.56M | 66.69M | 70.25M | 79.86M | 88.18M | 100.33M | 102.28M | 102.46M | 102.74M | 95.35M |
| Weighted Avg Shares Out (Dil) | 35.92M | 36.63M | 38.24M | 38.60M | 39.79M | 41.31M | 42.02M | 42.24M | 43.81M | 45.17M | 46.21M | 46.88M | 47.52M | 49.58M | 51.28M | 52.85M | 55.16M | 58.65M | 60.41M | 61.80M | 63.84M | 67.07M | 68.37M | 71.85M | 80.82M | 88.98M | 100.64M | 102.65M | 102.86M | 103.28M | 97.32M |
Landstar: A Sparkling Logistic Company And A Value Opportunity
Landstar System, a profitable asset-light logistics firm, maintains high flexibility and robust returns on capital and assets, despite slightly lower margins. The company's unique model, leveraging third-party owner-operators, reduces capital requirements and enhances operational efficiency, providing a strong economic moat....
Landstar (LSTR) Up 5.2% Since Last Earnings Report: Can It Continue?
Landstar (LSTR) reported earnings 30 days ago. What's next for the stock?
Here's Why Investors Should Give Landstar Stock a Miss Now
LSTR is affected by reduced demand for freight services and increased truck capacity.
Landstar Q3 Earnings & Revenues Miss Estimates, Decrease Y/Y
LSTR's third-quarter 2024 earnings and revenues decrease year over year.
Landstar System, Inc. (LSTR) Q3 2024 Earnings Call Transcript
Landstar System, Inc. (NASDAQ:LSTR ) Q3 2024 Earnings Conference Call October 29, 2024 4:30 PM ET Company Participants Frank Lonegro - President, Chief Executive Officer Jim Todd - Vice President, Chief Financial Officer Joe Beacom - Vice President, Chief Safety...
Landstar System (LSTR) Lags Q3 Earnings and Revenue Estimates
Landstar System (LSTR) came out with quarterly earnings of $1.41 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.71 per share a year ago.
Landstar System Reports Third Quarter Revenue of $1.214B and Earnings Per Share of $1.41
JACKSONVILLE, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported basic and diluted earnings per share (“EPS”) of $1.41 in the 2024 third quarter on revenue of $1.214 billion. “Consistent with...
Analysts Estimate Landstar System (LSTR) to Report a Decline in Earnings: What to Look Out for
Landstar (LSTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Landstar to Release Third Quarter Results on Tuesday, October 29, 2024
JACKSONVILLE, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024, and will then hold its quarterly conference call with...
Here's Why Investors Should Hold on to Landstar Stock Now
LSTR is bolstered by its shareholder-friendly efforts and strong liquidity. However, the freight market downturn is a headwind.
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