LSTR
$171.65-0.47%
Landstar System Inc.Stock · IndustrialsNasdaq Composite 0.02%Russell 1000 0.01%Russell 3000 0.010%US Stock Market 0.010%
LSTR financial statements
The full income statement, balance sheet, and cash-flow statement for Landstar System Inc. (LSTR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 35.5M2024-09 35.3M2024-12 35.3M2025-03 34.9M2025-06 34.7M2025-09 34.3M2025-12 34.1M2026-03 33.9M2026-06 33.9M-4.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| Revenue | 4.74B-1.6% | 4.82B-9.1% | 5.30B-28.7% | 7.44B+13.8% | 6.54B+58.2% | |
| Selling, general & administrative | 231M+5.9% | 218M+2.8% | 212M-4.3% | 221M+0.0% | 221M+32.0% | |
| Provision for credit losses | 16.6M-9.3% | 18.3M+30.2% | 14.0M+14.8% | 12.2M+113.6% | 5.72M-39.2% | |
| Operating income | 152M-39.1% | 249M-27.7% | 344M-39.7% | 571M+12.9% | 506M+99.9% | |
| Interest expense | 5.59M+37.0% | 4.08M+5.5% | 3.87M-14.5% | 4.52M+13.7% | 3.98M+0.6% | |
| Interest & investment income | 13.7M-7.6% | 14.8M+46.0% | 10.1M+220.7% | 3.16M+10.7% | 2.86M-15.9% | |
| Pre-tax income | 151M-40.8% | 254M-26.9% | 348M-38.7% | 567M+13.1% | 502M+101.5% | |
| Income tax | 35.6M-39.1% | 58.4M-30.3% | 83.7M-38.7% | 137M+13.6% | 120M+111.2% | |
| 115M-41.3% | 196M-25.9% | 264M-38.6% | 431M+12.9% | 382M+98.6% | ||
| Net income to non-controlling interest | — | — | — | — | 0.00 | |
| $3.31-39.9% | $5.51-25.1% | $7.36-37.4% | $11.76+17.8% | $9.98+100.4% | ||
| EPS (basic) | $3.31-39.9% | $5.51-25.1% | $7.36-37.4% | $11.76+17.8% | $9.98+100.4% | |
| Weighted-avg shares (basic) | 34.7M-2.3% | 35.5M-1.1% | 35.9M-1.9% | 36.6M-4.2% | 38.2M-1.0% | |
| Weighted-avg shares (diluted) | 34.7M-2.3% | 35.5M-1.1% | 35.9M-1.9% | 36.6M-4.2% | 38.2M-1.0% | |
| Dividends per share | $3.56+5.3% | $3.38+3.7% | $3.26+5.2% | $3.10+6.2% | $2.92+4.7% | |
| Balance Sheet | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| 1.22B-7.8% | 1.32B-2.4% | 1.35B-6.0% | 1.44B-5.5% | 1.52B+26.0% | ||
| Cash & equivalents | 397M-23.0% | 515M+7.1% | 481M+41.7% | 340M+57.6% | 216M-13.6% | |
| Short-term investments | 55.5M+7.6% | 51.6M-13.5% | 59.7M+10.6% | 54.0M+50.8% | 35.8M-13.5% | |
| Accounts receivable | 670M-2.0% | 684M-8.1% | 744M-23.1% | 968M-16.2% | 1.15B+51.1% | |
| Other current assets | 28.9M+30.2% | 22.2M-10.9% | 24.9M+14.2% | 21.8M+35.0% | 16.2M-12.7% | |
| 1.64B-9.8% | 1.81B+0.6% | 1.80B-6.7% | 1.93B-5.6% | 2.05B+23.7% | ||
| Property, plant & equipment | 261M-16.1% | 311M+9.5% | 284M-9.7% | 315M-0.8% | 317M+6.9% | |
| Operating lease right-of-use | 615K-42.1% | 1.06M-37.3% | 1.70M | — | — | |
| Goodwill | 34.0M-16.9% | 40.9M-3.2% | 42.3M+2.6% | 41.2M+1.1% | 40.8M-0.4% | |
| Other non-current assets | 124M-12.0% | 141M+15.2% | 123M-10.1% | 136M-17.1% | 164M+52.7% | |
| 696M+3.4% | 673M-0.3% | 675M-23.1% | 878M-13.1% | 1.01B+25.3% | ||
| Accounts payable | 370M-3.7% | 384M-3.1% | 396M-24.9% | 527M-12.7% | 604M+58.8% | |
| Current lease liability | 289K-44.4% | 520K-37.5% | 832K+6.4% | 782K | — | |
| Other current liabilities | 78.9M-6.4% | 84.2M+10.0% | 76.6M-22.6% | 98.9M-24.2% | 131M+46.8% | |
| Finance lease liability (current) | 28.3M-14.4% | 33.1M+18.8% | 27.9M-22.9% | 36.2M-1.1% | 36.6M+3.2% | |
| Long-term debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-current lease liability | 326K-39.9% | 542K-37.2% | 863K-31.6% | 1.26M | — | |
| Operating lease liability (total) | 615K-42.1% | 1.06M-37.3% | 1.70M-17.1% | 2.04M-0.3% | 2.05M-21.0% | |
| Finance lease liability (total) | 76.8M-24.9% | 102M+43.8% | 71.1M-31.2% | 103M-7.5% | 112M+10.9% | |
| Finance lease liability | 48.5M-29.9% | 69.2M+59.9% | 43.3M-35.6% | 67.2M-10.7% | 75.2M+15.1% | |
| 796M-18.2% | 972M-1.2% | 984M+10.9% | 887M+2.9% | 862M+24.6% | ||
| Common stock | 686K+0.0% | 686K+0.1% | 685K+0.1% | 684K+0.3% | 682K+0.0% | |
| Additional paid-in capital | 261M+2.3% | 255M+0.2% | 255M-1.5% | 258M+1.3% | 255M+11.5% | |
| Retained earnings | 2.85B-0.3% | 2.86B+2.7% | 2.78B+5.6% | 2.64B+13.8% | 2.32B+13.2% | |
| Treasury stock | 2.31B+8.5% | 2.13B+4.1% | 2.05B+2.8% | 1.99B+16.8% | 1.71B+7.8% | |
| Accumulated other comprehensive income | -5.71M+52.4% | -12.0M-74.9% | -6.87M+54.3% | -15.0M-178.1% | -5.40M-170.3% | |
| Total equity incl. non-controlling | 796M-18.2% | 972M-1.2% | 984M+10.9% | 887M+2.9% | 862M+24.6% | |
| Total liabilities & equity | 1.64B-9.8% | 1.81B+0.6% | 1.80B-6.7% | 1.93B-5.6% | 2.05B+23.7% | |
| Common shares issued | 68.6M+0.0% | 68.6M+0.1% | 68.5M+0.2% | 68.4M+0.2% | 68.2M+0.1% | |
| Shares outstanding (cover) | 34.1M-3.6% | 35.3M-1.1% | 35.7M-0.6% | 35.9M-3.7% | 37.3M-2.8% | |
| Cash Flow | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| 225M-21.5% | 287M-27.2% | 394M-36.8% | 623M+125.0% | 277M+31.3% | ||
| Depreciation & amortization | 46.4M-18.2% | 56.7M-2.4% | 58.2M+1.2% | 57.5M+15.8% | 49.6M+8.2% | |
| Share-based compensation | 6.00M+74.6% | 3.44M-19.8% | 4.28M-65.5% | 12.4M-55.0% | 27.5M+493.6% | |
| Deferred income taxes | 2.65M+137.9% | -6.99M+9.3% | -7.71M-43.8% | -5.36M-41.4% | -3.79M-435.4% | |
| Change in payables | -14.1M-13.8% | -12.4M+90.6% | -131M-71.2% | -76.8M-134.2% | 224M+107.4% | |
| -2.36M+77.6% | -10.5M-62.1% | -6.48M+73.8% | -24.8M+66.2% | -73.3M-158.1% | ||
| Capital expenditure | 9.88M-68.1% | 31.0M+20.7% | 25.7M-1.2% | 26.0M+11.8% | 23.3M-24.0% | |
| Free cash flow | 215M-15.9% | 256M-30.5% | 368M-38.3% | 597M+135.4% | 253M+40.8% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 6.92M-28.9% | 9.75M+17.5% | 8.29M+58.4% | 5.24M+76.2% | 2.97M-61.7% | |
| -343M-44.6% | -237M+4.3% | -248M+47.9% | -476M-104.2% | -233M+7.6% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 180M+121.0% | 81.4M+51.0% | 53.9M-81.1% | 286M+133.0% | 123M+5.8% | |
| Dividends paid | 125M+3.6% | 120M+2.9% | 117M+1.3% | 116M+3.3% | 112M+2.2% | |
| FX effect on cash | — | — | — | — | -232K+45.7% | |
| Net change in cash | -118M-448.3% | 34.0M-76.0% | 141M+17.9% | 120M+502.9% | -29.8M+57.6% | |
| Interest paid | 5.33M+39.7% | 3.81M+5.8% | 3.60M-13.2% | 4.15M+11.7% | 3.71M-5.1% | |
| Income taxes paid | 51.5M+8.3% | 47.5M-48.7% | 92.7M-41.6% | 159M+51.4% | 105M+120.3% | |
| Valuation Ratios | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| Market cap | 5.02B-18.6% | 6.16B-11.5% | 6.96B+18.9% | 5.85B-10.8% | 6.56B+26.3% | |
| P/E | 36.5×+23.2% | 29.6×+27.6% | 23.2×+79.0% | 13.0×-34.1% | 19.7×-32.9% | |
| P/S | 1.0×-18.0% | 1.3×+6.1% | 1.2×+58.8% | 0.8×-31.9% | 1.1×-17.8% | |
| P/B | 5.6×-6.9% | 6.1×-9.2% | 6.7×-0.4% | 6.7×-8.1% | 7.3×-0.9% | |
| P/FCF | 25.2×+14.9% | 21.9×+48.0% | 14.8×+19.1% | 12.4×-58.6% | 30.1×+17.4% | |
| Earnings yield | 2.7%-18.9% | 3.4%-21.7% | 4.3%-44.1% | 7.7%+51.8% | 5.1%+49.0% | |
| FCF yield | 4.0%-13.0% | 4.6%-32.5% | 6.7%-16.0% | 8.0%+141.5% | 3.3%-14.9% | |
| Dividend yield | 2.4%+25.7% | 1.9%+15.2% | 1.7%-11.5% | 1.9%+12.3% | 1.7%-17.8% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: LSTR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LSTR filings on SEC EDGAR → Not investment advice.