Landstar System Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 25, 2021
Cash & Equivalents	396.69	515.02	481.04	339.58	215.52
Short-Term Investments	55.53	51.62	59.66	53.96	35.78
Cash & Short-Term Investments	452.23	566.64	540.7	393.54	251.3
Cash Growth	-20.19%	4.80%	37.40%	56.60%	-13.56%
Accounts Receivable	670.14	683.84	743.76	967.79	1,154
Other Receivables	52.78	47.16	43.34	56.24	101.12
Receivables	722.92	731	787.1	1,024	1,255
Other Current Assets	41.18	22.23	24.94	21.83	16.16
Total Current Assets	1,216	1,320	1,353	1,439	1,523
Property, Plant & Equipment	261.32	312.41	284.3	314.99	317.39
Long-Term Investments	-	92.25	-	-	-
Goodwill	34.01	40.93	42.28	41.22	40.77
Other Long-Term Assets	124.28	47.86	122.53	136.28	164.41
Total Assets	1,636	1,813	1,802	1,932	2,045
Accounts Payable	369.57	383.63	395.98	527.37	604.13
Accrued Expenses	87.34	40.51	41.83	50.84	46.9
Short-Term Debt	56.65	61.03	61.54	92.95	116.48
Current Portion of Leases	28.34	33.64	27.88	36.18	36.56
Other Current Liabilities	153.93	154.35	148	170.8	205.92
Total Current Liabilities	695.84	673.15	675.22	878.14	1,010
Long-Term Leases	48.48	69.73	43.26	67.23	75.24
Long-Term Deferred Tax Liabilities	33.24	17.6	23.99	31.43	48.72
Other Long-Term Liabilities	62.71	80.38	75.45	67.86	49.51
Total Liabilities	840.27	840.87	817.92	1,045	1,183
Common Stock	0.69	0.69	0.69	0.68	0.68
Additional Paid-In Capital	261.26	255.26	254.64	258.49	255.15
Retained Earnings	2,853	2,860	2,784	2,636	2,317
Treasury Stock	-2,313	-2,131	-2,048	-1,993	-1,706
Comprehensive Income & Other	-5.71	-12.01	-6.87	-15.02	-5.4
Total Common Equity	795.67	972.44	983.92	887.22	862.01
Shareholders' Equity	795.67	972.44	983.92	887.22	862.01
Total Liabilities & Equity	1,636	1,813	1,802	1,932	2,045
Total Debt	133.48	164.4	132.68	196.35	228.28
Net Cash (Debt)	318.75	402.24	408.02	197.18	23.02
Net Cash Growth	-20.76%	-1.42%	106.93%	756.65%	-80.02%
Net Cash Per Share	9.18	11.32	11.36	5.38	0.60
Filing Date Shares Outstanding	34.06	35.32	35.72	35.93	37.29
Total Common Shares Outstanding	34.06	35.32	35.72	35.93	37.69
Working Capital	520.49	646.71	677.52	561.26	512.92
Book Value Per Share	23.36	27.54	27.55	24.69	22.87
Tangible Book Value	761.66	931.51	941.65	846	821.24
Tangible Book Value Per Share	22.36	26.38	26.36	23.55	21.79
Land	-	17.39	16.33	16.33	16.33
Buildings	-	80.72	71.16	69.16	65.03
Machinery	-	669.78	633.5	622.78	580.12

Source: S&P Global Market Intelligence. Standard template. Financial Sources.