Landstar System Inc
LSTR- Exchange
- Nasdaq
- Industry
- Trucking (No Local)
- SEC CIK
- 0000853816
In the last 90 days, Landstar System Inc insiders filed 1 open-market purchase and 0 sales; 548 institutions reported holding it in 13F filings for Q2 2026, worth $7.11B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 29, 2026, 1:11 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 27, 2025 | Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 21, 2026 | Jan 29, 2025 | Jan 31, 2024 | Feb 1, 2023 | Jan 26, 2022 |
| Revenue | $4.74B | $4.82B | $5.30B | $7.44B | $6.54B |
| Selling, general and administrative | $230.5M | $217.7M | $211.8M | $221.3M | $221.3M |
| Operating income | $151.6M | $248.9M | $344.1M | $571.1M | $505.7M |
| Interest expense | $5.59M | $4.08M | – | – | – |
| Income tax | $35.6M | $58.4M | $83.7M | $136.5M | $120.2M |
| Net income | $115.0M | $195.9M | $264.4M | $430.9M | $381.5M |
| EPS, basic | $3.31 | $5.51 | $7.36 | – | – |
| EPS, diluted | $3.31 | $5.51 | $7.36 | $11.76 | $9.98 |
| Weighted shares, basic | 34.7M | 35.5M | 35.9M | – | – |
| Weighted shares, diluted | 34.7M | 35.5M | 35.9M | 36.6M | 38.2M |
| Margins and growth | |||||
| Operating margin | 3.2% | 5.2% | 6.5% | 7.7% | 7.7% |
| Net margin | 2.4% | 4.1% | 5.0% | 5.8% | 5.8% |
| Revenue growth, year over year | −1.6% | −9.1% | −28.7% | +13.8% | +58.2% |
| Net income growth, year over year | −41.3% | −25.9% | −38.6% | +12.9% | +98.6% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 27, 2025 | Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 21, 2026 | Jan 29, 2025 | Jan 31, 2024 | Feb 1, 2023 | Jan 26, 2022 |
| Cash and equivalents | $396.7M | $515.0M | $481.0M | $339.6M | $215.5M |
| Short-term investments | $55.5M | $51.6M | $59.7M | $54.0M | $35.8M |
| Accounts receivable | $670.1M | $683.8M | $743.8M | $967.8M | $1.15B |
| Total current assets | $1.22B | $1.32B | $1.35B | $1.44B | $1.52B |
| Property, plant and equipment | $261.3M | $311.3M | $284.3M | $315.0M | $317.4M |
| Goodwill | $34.0M | $40.9M | $42.3M | $41.2M | $40.8M |
| Total assets | $1.64B | $1.81B | $1.80B | $1.93B | $2.05B |
| Accounts payable | $369.6M | $383.6M | $396.0M | $527.4M | $604.1M |
| Total current liabilities | $695.8M | $673.2M | $675.2M | $878.1M | $1.01B |
| Long-term debt | $0 | $0 | $0 | $0 | $0 |
| Shareholders' equity | $795.7M | $972.4M | $983.9M | $887.2M | $862.0M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 27, 2025 | Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 21, 2026 | Jan 29, 2025 | Jan 31, 2024 | Feb 1, 2023 | Jan 26, 2022 |
| Operating cash flow | $224.9M | $286.6M | $393.6M | $622.7M | $276.7M |
| Capital expenditures | $9.88M | $31.0M | $25.7M | $26.0M | $23.3M |
| Free cash flow | $215.0M | $255.6M | $368.0M | $596.7M | $253.5M |
| Depreciation and amortization | $46.4M | $56.7M | $58.2M | $57.5M | $49.6M |
| Stock-based compensation | $6.00M | $3.44M | $4.28M | $12.4M | $27.5M |
| Dividends paid | $124.8M | $120.5M | $117.1M | $115.7M | $112.0M |
| Share buybacks | $179.9M | $81.4M | $53.9M | $286.0M | $122.7M |
| Investing cash flow | -$2.36M | -$10.5M | -$6.48M | -$24.8M | -$73.3M |
| Financing cash flow | -$343.1M | -$237.3M | -$248.0M | -$475.7M | -$232.9M |
| Net change in cash | -$118.3M | $34.0M | $141.5M | $120.0M | -$29.8M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.1% | 0.1% | 0.1% | 0.2% | 0.4% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 19, 2026 | 33.7M | −1.9% | SEC |
| Jul 20, 2026 | 33.9M | −2.1% | SEC |
| Apr 20, 2026 | 33.9M | −2.9% | SEC |
| Jan 23, 2026 | 34.1M | −3.6% | SEC |
| Oct 20, 2025 | 34.3M | −2.8% | SEC |
| Jul 21, 2025 | 34.7M | −2.3% | SEC |
| Apr 21, 2025 | 34.9M | −2.3% | SEC |
| Jan 24, 2025 | 35.3M | −1.1% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.