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Landstar System Inc (LSTR) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · INTEGRATED FREIGHT & LOGISTICS · DATA UPDATED 2026-08-15

Landstar System Inc (LSTR) operates in the INTEGRATED FREIGHT & LOGISTICS industry and is headquartered in Jacksonville, United States with about 1,300 employees. Its market capitalization is roughly $6 billion. In the fiscal year ended 2025-12-31, LSTR reported $4.7B in revenue and $115M in net income.

Landstar System, Inc. provides transportation management solutions in the United States, Canada, Mexico, and internationally. It operates in two segments, Transportation Logistics and Insurance.

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LSTR Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$5.0B$4.7B$4.8B$5.3B$7.4B$6.5B$4.1B$4.1B$4.6B$3.6B$3.2B$3.3B$3.2B$2.7B$2.8B$2.6B$2.4B$2.0B$2.6B$2.5B$2.5B
Gross Profit$768M$622M$975M$1.1B$1.5B$1.3B$856M$882M$973M$781M$696M$722M$679M$569M$605M$599M$527M$552M$646M$274M$298M
Gross Margin %15.4%13.1%20.2%21.3%20.3%20.2%20.7%21.6%21.1%21.4%22.0%21.7%21.3%21.3%21.8%22.6%21.9%27.5%24.4%11.0%11.9%
Operating Income (EBIT)$172M$170M$249M$344M$571M$506M$253M$299M$332M$244M$223M$242M$224M$177M$198M$183M$140M$114M$187M$185M$191M
Operating Margin %3.4%3.6%5.1%6.5%7.7%7.7%6.1%7.3%7.2%6.7%7.0%7.3%7.0%6.6%7.1%6.9%5.8%5.7%7.1%7.4%7.6%
Net Income$132M$115M$196M$264M$431M$382M$192M$228M$255M$177M$137M$148M$139M$146M$130M$113M$88M$70M$111M$110M$113M
Net Margin %2.6%2.4%4.0%5.0%5.8%5.8%4.6%5.6%5.5%4.9%4.3%4.5%4.4%5.5%4.7%4.3%3.6%3.5%4.2%4.4%4.5%
EBITDA$242M$198M$304M$398M$626M$553M$327M$342M$374M$284M$256M$271M$250M$201M$223M$209M$165M$137M$208M$204M$204M
Earnings Per Share (EPS)$3.86$3.31$5.51$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
Shares Outstanding (M)34M35M36M36M37M38M39M40M41M42M42M44M45M46M47M48M50M51M53M55M59M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LSTR Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$1.4B$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B
Gross Profit$189M$264M$156M$159M$243M$218M$237M$244M
Gross Margin %13.2%22.6%13.2%13.2%20.0%18.9%19.6%20.0%
Operating Income (EBIT)$64M$53M$29M$26M$56M$39M$58M$63M
Operating Margin %4.4%4.5%2.4%2.2%4.6%3.4%4.8%5.2%
Net Income$49M$39M$24M$19M$42M$30M$46M$50M
Net Margin %3.4%3.4%2.0%1.6%3.5%2.6%3.8%4.1%
EBITDA$74M$64M$40M$65M$69M$51M$70M$80M
Earnings Per Share (EPS)$1.44$1.16$0.70$0.56$1.20$0.85$1.31$1.41
Shares Outstanding (M)34M34M34M35M35M35M35M35M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LSTR Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$190M$225M$287M$394M$623M$277M$211M$308M$298M$139M$190M$216M$102M$162M$126M$118M$109M$145M$120M$141M$292M
Capital Expenditures (CapEx)$14M$10M$31M$26M$26M$23M$31M$19M$10M$16M$23M$5M$11M$6M$7M$4M$28M$3M$8M$7M$4M
Free Cash Flow (FCF)$176M$215M$256M$368M$597M$253M$180M$288M$288M$123M$168M$211M$91M$156M$119M$114M$81M$142M$111M$134M$288M
FCF Margin %3.5%4.5%5.3%6.9%8.0%3.9%4.3%7.0%6.2%3.4%5.3%6.4%2.9%5.8%4.3%4.3%3.4%7.1%4.2%5.4%11.5%
Dividends Paid$123M$125M$120M$117M$116M$112M$110M$28M$89M$16M$14M$58M$28M$0M$34M$10M$9M$9M$8M$7M$6M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LSTR Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($50M)$78M$73M$89M$7M$56M$61M$83M
Capital Expenditures (CapEx)$3M$6M$2M$3M$2M$2M$7M$7M
Free Cash Flow (FCF)($53M)$72M$71M$86M$5M$54M$54M$76M
FCF Margin %-3.7%6.2%6.0%7.1%0.4%4.7%4.5%6.2%
Dividends Paid$14M$82M$14M$14M$14M$83M$13M$13M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LSTR Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$1.7B$1.6B$1.8B$1.8B$1.9B$2.0B$1.7B$1.4B$1.4B$1.4B$1.1B$998M$1.0B$971M$879M$808M$684M$649M$664M$629M$647M
Cash & Cash Equivalents$294M$397M$515M$481M$340M$216M$249M$320M$200M$242M$179M$115M$164M$180M$74M$81M$45M$86M$99M$61M$91M
Total Liabilities$906M$840M$841M$818M$1.0B$1.2B$962M$706M$691M$699M$554M$532M$556M$516M$500M$508M$433M$381M$410M$448M$416M
Total Debt (Short + Long-Term)$97M$85M$94M$89M$233M$228M$176M$167M$154M$167M$175M$202M$146M$129M$148M$158M$122M$122M$136M$191M$155M
Total Shareholders' Equity$837M$796M$972M$984M$887M$862M$692M$721M$687M$651M$543M$466M$488M$454M$379M$301M$252M$268M$253M$181M$230M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive LSTR viewer.

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