Landstar System, Inc. (LSTR)

Landstar System Income Statement

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

Year Ending	TTM	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020	Dec 28, 2019
Revenue	5,039	5,303	7,437	6,538	4,133	4,085
Revenue Growth (YoY)	-26.99%	-28.69%	13.75%	58.18%	1.19%	-11.50%
Cost of Revenue	4,307	4,531	6,419	5,622	3,534	3,470
Gross Profit	731.93	772.39	1,018	915.69	599.35	614.88
Selling, General & Admin	327.52	326.04	347.11	326.74	255.41	239.27
Other Operating Expenses	113.77	112.34	102.65	86.14	94.39	81.74
Operating Expenses	441.29	438.38	449.76	412.88	349.8	321.01
Operating Income	290.64	334.01	567.92	502.81	249.55	293.86
Interest Expense / Income	-4.83	-3.95	3.62	3.98	3.95	3.14
Other Expense / Income	-12.19	-10.14	-3.16	-2.86	-3.4	-5.06
Pretax Income	307.66	348.1	567.46	501.69	249	295.78
Income Tax	74.36	83.7	136.55	120.17	56.89	68.06
Net Income	233.3	264.39	430.91	381.52	192.11	227.72
Net Income Growth	-39.29%	-38.64%	12.95%	98.60%	-15.64%	-10.80%
Shares Outstanding (Basic)	36	36	37	38	39	40
Shares Outstanding (Diluted)	36	36	37	38	39	40
Shares Change	-0.64%	-1.95%	-4.19%	-0.95%	-2.98%	-3.23%
EPS (Basic)	6.50	7.36	11.76	9.98	4.98	5.72
EPS (Diluted)	6.50	7.36	11.76	9.98	4.98	5.72
EPS Growth	-38.62%	-37.41%	17.84%	100.40%	-12.94%	-7.44%
Free Cash Flow	328.32	376.25	601.89	256.45	187.85	292.42
Free Cash Flow Per Share	9.18	10.47	16.43	6.71	4.87	7.35
Dividend Per Share	3.290	3.260	3.100	2.920	2.790	0.700
Dividend Growth	4.44%	5.16%	6.16%	4.66%	298.57%	-67.14%
Gross Margin	14.53%	14.56%	13.68%	14.01%	14.50%	15.05%
Operating Margin	5.77%	6.30%	7.64%	7.69%	6.04%	7.19%
Profit Margin	4.63%	4.99%	5.79%	5.84%	4.65%	5.58%
Free Cash Flow Margin	6.52%	7.09%	8.09%	3.92%	4.55%	7.16%
Effective Tax Rate	24.17%	24.05%	24.06%	23.95%	22.85%	23.01%
EBITDA	359.92	402.3	628.54	555.28	298.81	343.39
EBITDA Margin	7.14%	7.59%	8.45%	8.49%	7.23%	8.41%
Depreciation & Amortization	57.1	58.15	57.45	49.61	45.86	44.47
EBIT	302.83	344.15	571.08	505.67	252.95	298.92
EBIT Margin	6.01%	6.49%	7.68%	7.73%	6.12%	7.32%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).