# Landstar System Inc. (LSTR)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $7.70B  
**Price:** $221.93 (+1.37%)

> Landstar System Inc. is a transportation management solutions provider operating primarily in the logistics sector. It specializes in arranging truckload and less-than-truckload transportation, rail intermodal services, air and ocean cargo shipments, project cargo handling, and customs brokerage through its Transportation Logistics segment. The company also offers risk and claims management services via its Insurance segment, supporting efficient supply chain operations for diverse clients. Landstar System Inc. leverages a network of independent agents and capacity providers, including truck capacity owners-operators, to deliver flexible and reliable transportation services across North America. This asset-based model emphasizes technology-enabled platforms for capacity sourcing, tracking, and management, catering to industries such as manufacturing, retail, and construction. Founded in 1991 and headquartered in Jacksonville, Florida, Landstar System Inc. plays a key role in the transportation and logistics market by providing scalable solutions that optimize freight movement and mitigate operational risks.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.74B | — | $152M | $115M | $3.31 |
| 2024 | $4.82B | — | $249M | $196M | $5.51 |
| 2023 | $5.30B | — | $344M | $264M | $7.36 |
| 2022 | $7.44B | — | $571M | $431M | $11.76 |
| 2021 | $6.54B | — | $506M | $382M | $9.98 |
| 2020 | $4.13B | — | $253M | $192M | $4.98 |
| 2019 | $4.08B | — | $299M | $228M | $5.72 |
| 2018 | $4.62B | — | $332M | $255M | $6.18 |
| 2017 | $3.65B | — | $244M | $177M | $4.21 |
| 2016 | $3.17B | — | $223M | $137M | $3.25 |
| 2015 | $3.32B | — | $242M | $148M | $3.37 |
| 2014 | $3.18B | — | $224M | $139M | $3.07 |
| 2013 | $2.66B | — | $177M | $146M | $3.16 |
| 2012 | $2.77B | — | $201M | $130M | $2.77 |
| 2011 | $2.63B | — | $181M | $113M | $2.38 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.64B | $840M | $796M | $397M | — |
| 2024 | $1.81B | $841M | $972M | $515M | — |
| 2023 | $1.80B | $818M | $984M | $481M | — |
| 2022 | $1.93B | $1.04B | $887M | $340M | — |
| 2021 | $2.05B | $1.18B | $862M | $216M | — |
| 2020 | $1.65B | $962M | $692M | $249M | — |
| 2019 | $1.43B | $706M | $721M | $320M | — |
| 2018 | $1.38B | $694M | $687M | $200M | — |
| 2017 | $1.35B | $702M | $651M | $242M | — |
| 2016 | $1.10B | $554M | $543M | $179M | — |
| 2015 | $992M | $525M | $466M | $115M | — |
| 2014 | $1.04B | $549M | $488M | $164M | — |
| 2013 | $971M | $516M | $454M | $180M | $102M |
| 2012 | $879M | $500M | $379M | $74M | $114M |
| 2011 | $808M | $508M | $301M | $81M | $132M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $225M | $10M | $215M |
| 2024 | $287M | $31M | $256M |
| 2023 | $394M | $26M | $368M |
| 2022 | $623M | $26M | $597M |
| 2021 | $277M | $23M | $253M |
| 2020 | $211M | $31M | $180M |
| 2019 | $308M | $19M | $288M |
| 2018 | $298M | $10M | $288M |
| 2017 | $139M | $16M | $123M |
| 2016 | $190M | $23M | $168M |
| 2012 | $126M | $5M | $120M |
| 2011 | $118M | $4M | $114M |
| 2010 | $109M | $28M | $81M |
| 2009 | $145M | $3M | $142M |
| 2008 | $120M | $8M | $111M |

Source: [CompaniesByCap](https://companiesbycap.com/company/LSTR)