Company research
LANDSTAR SYSTEM INC
CIK 853816Updated Sep 26, 2026
SecurityLSTR · NASDAQ · equity
LSTR price & chart
Loading TradingView…
NASDAQ:LSTR on TradingView ↗About the company
Landstar System, Inc., is a technology-enabled, asset-light provider of freight transportation and logistics solutions focused on safety, security and service to a broad range of customers utilizing a network of agents, third-party capacity providers and employees. Landstar transportation services companies are certified to ISO 9001:2015 quality management system standards and RC14001:2015 environmental, health, safety and security management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. Its common stock trades on The NASDAQ Stock Market® under the symbol LSTR.
In the news
Landstar Appoints Bill Clement as Chief Commercial Officer ↗
Securities Fraud Investigation Into Landstar System, Inc. (LSTR) Continues - Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm News provided by Glancy Prongay & Murray LLP May 16, 2025, 17:00 ET Share this article Share to X Share this article ↗
Landstar System, Inc. (LSTR) Investors Who Lost Money - Contact Law Offices of Howard G. Smith About Securities Fraud Investigation News provided by Law Offices of Howard G. Smith May 16, 2025, 16:30 ET Share this article Share to X Share this article Share to X BENSALEM, Pa. , May 16, 2025 /PRNewsw ↗
Recent filings
SCHEDULE 13G/A filing
4 filing
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Other Events
Items 8.01, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,635,935,000Source | 1,813,311,000Source | 1,801,846,000Source | 1,931,879,000Source |
| Property, Plant and Equipment, NetUSD | 261,322,000Source | 311,345,000Source | 284,300,000Source | 314,990,000Source |
| GoodwillUSD | 34,005,000Source | 40,933,000Source | 42,275,000Source | 41,220,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 396,694,000Source | 515,018,000Source | 481,043,000Source | 339,581,000Source |
| Assets, CurrentUSD | 1,216,326,000Source | 1,319,867,000Source | 1,352,741,000Source | 1,439,390,000Source |
| Operating Lease, Right-of-Use AssetUSD | 615,000Source | 1,062,000Source | 1,695,000Source | — |
| Other Assets, NoncurrentUSD | 124,282,000Source | 141,166,000Source | 122,530,000Source | 136,279,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 686,000Source | 686,000Source | 685,000Source | 684,000Source |
| Retained Earnings (Accumulated Deficit)USD | 2,852,680,000Source | 2,859,916,000Source | 2,783,645,000Source | 2,635,960,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -5,712,000Source | -12,010,000Source | -6,865,000Source | -15,024,000Source |
| Stockholders' Equity Attributable to ParentUSD | 795,665,000Source | 972,439,000Source | 983,923,000Source | 887,221,000Source |
| Additional Paid in Capital, Common StockUSD | 261,256,000Source | 255,260,000Source | 254,642,000Source | 258,487,000Source |
| Liabilities and EquityUSD | 1,635,935,000Source | 1,813,311,000Source | 1,801,846,000Source | 1,931,879,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 695,840,000Source | 673,154,000Source | 675,224,000Source | 878,135,000Source |
| Operating Lease, Liability, CurrentUSD | 289,000Source | 520,000Source | 832,000Source | 782,000Source |
| Accounts Payable, CurrentUSD | 369,567,000Source | 383,625,000Source | 395,980,000Source | 527,372,000Source |
| Operating Lease, Liability, NoncurrentUSD | 326,000Source | 542,000Source | 863,000Source | 1,262,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 20,909,000Source | 17,602,000Source | 23,988,000Source | 31,434,000Source |
| Dividends Payable, CurrentUSD | 68,117,000Source | 70,632,000Source | 71,433,000Source | 71,854,000Source |
| Long-term DebtUSD | 0Source | 0Source | 0Source | 0Source |
| Short-term InvestmentsUSD | 55,531,000Source | 51,619,000Source | 59,661,000Source | 53,955,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 115,007,000Source | 195,946,000Source | 264,394,000Source | 430,914,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 5,998,000Source | 3,435,000Source | 4,282,000Source | 12,399,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts PayableUSD | -14,058,000Source | -12,355,000Source | -131,392,000Source | -76,758,000Source |
| Deferred Income Tax Expense (Benefit)USD | 2,647,000Source | -6,990,000Source | -7,709,000Source | -5,360,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 224,882,000Source | 286,561,000Source | 393,648,000Source | 622,659,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,356,000Source | -10,499,000Source | -6,478,000Source | -24,772,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 9,880,000Source | 30,998,000Source | 25,688,000Source | 26,005,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 933,000Source | 3,928,000Source | 9,185,000Source | 10,428,000Source |
| Payments for Repurchase of Common StockUSD | 179,856,000Source | 81,400,000Source | 53,919,000Source | 285,983,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -343,143,000Source | -237,339,000Source | -247,971,000Source | -475,682,000Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -118,324,000Source | 33,975,000Source | 141,462,000Source | 120,010,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 396,694,000Source | 515,018,000Source | 481,043,000Source | 339,581,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 51,451,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 264,000Source | 263,000Source | 263,000Source | 355,000Source |
| Dividends Payable, CurrentUSD | 68,117,000Source | 70,632,000Source | 71,433,000Source | 71,854,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 1,807,000Source | 1,597,000Source | 4,574,000Source | 2,944,000Source |
| GoodwillUSD | 34,005,000Source | 40,933,000Source | 42,275,000Source | 41,220,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | — | 0Source |
| Income Tax Expense (Benefit)USD | 35,574,000Source | 58,380,000Source | 83,701,000Source | 136,549,000Source |
| Net Income (Loss) Attributable to ParentUSD | 115,007,000Source | 195,946,000Source | 264,394,000Source | 430,914,000Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | 0Source | 28,000Source | 68,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 4,743,760,000Source | 4,819,245,000Source | 5,303,322,000Source | 7,436,562,000Source |
| Selling, General and Administrative ExpenseUSD | 230,548,000Source | 217,708,000Source | 211,799,000Source | 221,279,000Source |
| Operating Income (Loss)USD | 151,577,000Source | 248,907,000Source | 344,149,000Source | 571,083,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 150,581,000Source | 254,326,000Source | 348,095,000Source | 567,463,000Source |
| Income Tax Expense (Benefit)USD | 35,574,000Source | 58,380,000Source | 83,701,000Source | 136,549,000Source |
| Net Income (Loss) Attributable to ParentUSD | 115,007,000Source | 195,946,000Source | 264,394,000Source | 430,914,000Source |
| Earnings Per Share, BasicUSD per share | 3.31Source | 5.51Source | 7.36Source | — |
| Earnings Per Share, DilutedUSD per share | 3.31Source | 5.51Source | 7.36Source | 11.76Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 34,717,000Source | 35,538,000Source | 35,920,000Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 34,717,000Source | 35,538,000Source | 35,920,000Source | 36,633,000Source |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 3.56Source | 3.38Source | 3.26Source | 3.1Source |
| Costs and ExpensesUSD | 4,605,868,000Source | 4,585,148,000Source | 4,969,314,000Source | 6,868,641,000Source |
| Current Income Tax Expense (Benefit)USD | 32,927,000Source | 65,370,000Source | 91,410,000Source | 141,909,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 46,388,000Source | 56,738,000Source | 58,153,000Source | 57,453,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 148,000,000Source | — | — | — |
| Interest ExpenseUSD | 5,586,000Source | 4,076,000Source | — | — |
| Interest Income, OperatingUSD | 13,685,000Source | 14,810,000Source | 10,141,000Source | 3,162,000Source |
| Operating Insurance and Claims Costs, ProductionUSD | 159,436,000Source | 113,929,000Source | 114,241,000Source | 125,835,000Source |
| Other Cost and Expense, OperatingUSD | 61,586,000Source | 58,781,000Source | 54,191,000Source | 45,192,000Source |
Filing attachments
d123956dex991.htm · 8-K · 2026-07-28
EX-99.1 2 d123956dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 For Immediate Release July 28, 2026 ──────────────────────────────────────────── LANDSTAR SYSTEM REPORTS SECOND QUARTER REVENUE OF $1.432B AND EARNINGS PER SHARE OF $1.44 Jacksonville, FL - Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported its financial results for the 2026 second quarter. The Company reported total revenue of $1.432 billion in the 2026 second quarter, an increase of 18% as …
Read attachment ↗d123956dex992.htm · 8-K · 2026-07-28
EX-99.2 3 d123956dex992.htm EX-99.2 EX-99.2 Date Landstar System, Inc. Earnings Conference Call 2Q 2026 Exhibit 99.2 Forward-Looking Statements Disclaimer The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995. Statements made in this slide presentation that are not based on historical facts are “forward-looking statements.” This presentation may make certain statements containing forward-looking statements, such as statements which relate to …
Read attachment ↗d66119dex991.htm · 8-K · 2026-07-23
EX-99.1 2 d66119dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 For Immediate Release July 23, 2026 ──────────────────────────────────────────── LANDSTAR APPOINTS BILL CLEMENT AS CHIEF COMMERCIAL OFFICER Jacksonville, Fla. - Landstar System, Inc. (NASDAQ: LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, today announced the appointment of William “Bill” Clement as Vice President and Ch…
Read attachment ↗d84596dex991.htm · 8-K · 2026-04-28
EX-99.1 2 d84596dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 For Immediate Release April 28, 2026 ───────────────────────────────────────────── LANDSTAR SYSTEM REPORTS IMPROVED FIRST QUARTER PERFORMANCE REVENUE OF $1.171B AND EARNINGS PER SHARE OF $1.16 Jacksonville, FL - Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported its financial results for the 2026 first quarter. The Company reported total revenue of $1.171 billion in the 2026 first quarter, an …
Read attachment ↗d84596dex992.htm · 8-K · 2026-04-28
EX-99.2 3 d84596dex992.htm EX-99.2 EX-99.2 Date Landstar System, Inc. Earnings Conference Call 1Q 2026 Exhibit 99.2 Forward-Looking Statements Disclaimer The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995. Statements made in this slide presentation that are not based on historical facts are “forward-looking statements.” This presentation may make certain statements containing forward-looking statements, such as statements which relate to L…
Read attachment ↗d85231dex991.htm · 8-K · 2026-01-28
EX-99.1 2 d85231dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 For Immediate Release January 28, 2026 ─────────────────────────────────────────────── LANDSTAR SYSTEM REPORTS FOURTH QUARTER RESULTS Jacksonville, FL - Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today confirmed its financial results for the 2025 fourth quarter. As previously disclosed in a Form 8-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 21, 2026, the Company rep…
Read attachment ↗