Landstar System IncLSTR

NasdaqIndustrialsTrucking (No Local)
Price (close)
$165.18
Market cap
$5.6B
P/E
45.1x
Revenue (TTM)
$4.8B
Net income
$124.6M
Dividend yield
2.20%
1-year total return
39.5%
Net margin
2.6%
Revenue growth
-0.8%
Debt / equity
0.00x

What Landstar System Inc does.

Landstar System, Inc. was incorporated in January 1991 under the laws of the State of Delaware and has been a publicly held company since its initial public offering in March 1993. The principal executive offices of Landstar System, Inc. (collectively with its subsidiaries and other affiliated companies referred to herein as “Landstar” or the “Company,” unless the context otherwise requires) is located at 13410 Sutton Park Drive South, Jacksonville, Florida 32224 and its telephone number is (904) 398-9400. The Company makes available free of charge through its website its annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, proxy statements on Schedule 14A and any amendments to those reports filed or furnished pursuant to Section 13(a) and 15(d) of the Exchange Act as soon as reasonably practicable after such material is electronically filed with the Securities and Exchange Commission (“SEC”). The Company’s website is www.landstar.com. The SEC maintains a website at http://www.sec.gov that contains the Company’s current and periodic reports, proxy and information statements and other information filed electronically with the SEC.

Landstar, is a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services to a broad range of customers utilizing a network of agents, third party capacity providers and employees. The Company offers services to its customers across multiple transportation modes, with the ability to arrange for individual shipments of freight to comprehensive third party logistics solutions to meet all of a customer’s transportation needs. Landstar provides services principally throughout the United States and to a lesser extent in Canada and Mexico, and between the United States and Canada, Mexico and other countries around the world. The Company’s services emphasize safety, cargo security, information coordination and customer service and are delivered through a network of approximately 960 independent commission sales agents and over 70,000 third party capacity providers, primarily truck capacity providers, linked together by a series of digital technologies which are provided and coordinated by the Company. The nature of the Company’s business is such that a significant portion of its operating costs varies directly with revenue.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$4.1B$6.5B$7.4B$5.3B$4.8B$4.7B
Net income$192.1M$381.5M$430.9M$264.4M$195.9M$115.0M
Free cash flow$180.1M$253.5M$596.7M$368.0M$255.6M$215.0M

More on LSTR.

Figures from Landstar System Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.