logo
Twitter
Discord
Email
logo
Landstar System, Inc.

Landstar System, Inc.

NASDAQ•LSTR
CEO: Mr. James P. Todd
Sector: Industrials
Industry: Integrated Freight & Logistics
Listing Date: 1993-03-05
Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. It 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 and less-than-truckload services. 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, certain short-line railroads, and asset-based intermodal equipment; and domestic and international air and ocean services. 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 provides risk and claims management services; and reinsures risks of the company's independent contractors. It markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was incorporated in 1991 and is headquartered in Jacksonville, Florida.
Contact Information
13410 Sutton Park Drive South, Jacksonville, FL, 32224, United States
904-398-9400
www.landstar.com
Market Cap
$5.29B
P/E (TTM)
38.8
33.4
Dividend Yield
2.3%
52W High
$179.51
52W Low
$119.32
52W Range
58%
Rank19Top 5.6%
6.2
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$1.21B-0.70%
4-Quarter Trend

EPS

$0.56-60.28%
4-Quarter Trend

FCF

$86.04M+13.79%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Revenue Slightly Declines 1% Total revenue reached $3.57B for 39 weeks, a minor 1% decrease from prior period, showing resilience despite market conditions.
Strong Working Capital Working capital stood at $626.03M at period end, maintaining a healthy 2.0 to 1 current ratio for liquidity.
BCO Capacity Stable BCO Independent Contractors provided 38% of truck revenue, matching prior period capacity utilization rates across transportation modes.
Share Repurchase Authorization Authorization remains to purchase up to $1.55B in common stock; management expects cash flow to fund growth and dividends.

Risk Factors

Net Income Plummets 39% Net income fell to $91.06M, heavily impacted by $30.10M in non-cash impairment charges recorded during the quarter.
Insurance Claims Surge Insurance and claims costs rose $19.48M to $103.31M, driven by unfavorable development in prior year self-insured estimates.
Operating Cash Flow Down Cash provided by operating activities decreased $73.27M to $152.17M, primarily due to lower net income timing effects.
Litigation Exposure Remains Cabral Matter verdict exposure remains uncertain; immaterial accrual booked, but ultimate financial impact is difficult to predict.

Outlook

Marketing Mexican Subsidiary Actively marketing Landstar Metro subsidiary; impairment charge recorded related to planned divestiture in 2025 fiscal year.
TMS Platform Consolidation Wind-down of Blue TMS platform initiated; $8.96M impairment charge taken as Landstar TMS becomes primary system.
Software Asset Impairment Total non-cash impairment charges of $30.10M included $8.96M related to Blue TMS wind-down decision.

Peer Comparison

Revenue (TTM)

Schneider National, Inc.SNDR
$5.61B
+5.5%
The Brink's CompanyBCO
$5.15B
+3.1%
Landstar System, Inc.LSTR
$4.78B
-0.7%

Gross Margin (Latest Quarter)

Mueller Water Products, Inc.MWA
37.8%
+6.0pp
Franklin Electric Co., Inc.FELE
35.9%
+0.2pp
EnerSysENS
29.1%
+0.6pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ENS$6.40B19.218.0%29.8%
ACA$5.57B37.36.0%31.3%
LSTR$5.29B38.814.8%7.5%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.1%
Flat Growth
4Q Net Income CAGR
-25.2%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Jan 28, 2026
|
EPS:$1.24
|
Revenue:$1.18B
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 27, 2025|Filed: Oct 28, 2025|
    Revenue: $1.21B-0.7%
    |
    EPS: $0.56-60.3%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 28, 2025|Filed: Jul 29, 2025|
    Revenue: $1.22B-0.8%
    |
    EPS: $1.20-18.9%
    Meet
  • Form 10-Q - Q1 2025

    Period End: Mar 29, 2025|Filed: May 13, 2025|
    Revenue: $1.15B-1.6%
    |
    EPS: $0.85-35.6%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 28, 2024|Filed: Feb 24, 2025|
    Revenue: $4.83B-9.0%
    |
    EPS: $5.51-25.1%
    Meet
  • Form 10-Q - Q3 2024

    Period End: Sep 28, 2024|Filed: Oct 30, 2024|
    Revenue: $1.21B-5.9%
    |
    EPS: $1.41-17.5%
    Meet
  • Form 10-Q - Q2 2024

    Period End: Jun 29, 2024|Filed: Jul 31, 2024|
    Revenue: $1.23B-10.8%
    |
    EPS: $1.48-20.0%
    Meet
  • Form 10-Q - Q1 2024

    Period End: Mar 30, 2024|Filed: May 3, 2024|
    Revenue: $1.17B-18.4%
    |
    EPS: $1.32-39.5%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 30, 2023|Filed: Feb 26, 2024|
    Revenue: $5.30B-28.6%
    |
    EPS: $7.36-38.6%
    Meet