Landstar System, Inc. (LSTR)

Landstar System Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020
Operating Revenue	4,719	4,756	5,231	7,358	6,466	4,077
Other Revenue	73.76	78.05	82.62	81.72	74.71	59.86
Revenue	4,793	4,834	5,313	7,440	6,540	4,136
Revenue Growth (YoY)	-0.74%	-9.02%	-28.58%	13.75%	58.12%	1.14%
Cost of Revenue	3,722	3,745	4,068	5,804	5,115	3,193
Gross Profit	939.09	974.89	1,131	1,510	1,320	855.76
Selling, General & Admin	618.93	610.46	674.47	836.14	728.49	495.82
Other Operating Expenses	63.7	60.38	58.77	48.14	38.36	33.04
Operating Expenses	731.25	727.58	791.39	941.73	816.46	574.71
Operating Income	207.84	247.31	339.58	568.14	503.84	281.04
Interest Expense	-0.76	-	-	-3.62	-3.98	-3.95
Interest & Investment Income	0.96	5.42	3.95	-	-	-
EBT Excluding Unusual Items	208.05	252.73	343.52	564.52	499.86	277.09
Gain (Loss) on Sale of Assets	2.06	1.6	4.57	2.94	1.83	2.58
Asset Writedown	-17.58	-	-	-	-	-2.58
Other Unusual Items	-	-	-	-	-	-28.09
Pretax Income	180	254.33	348.1	567.46	501.69	249
Income Tax Expense	42.75	58.38	83.7	136.55	120.17	56.89
Earnings From Continuing Operations	137.26	195.95	264.39	430.91	381.52	192.11
Net Income	137.26	195.95	264.39	430.91	381.52	192.11
Net Income to Common	137.26	195.95	264.39	430.91	381.52	192.11
Net Income Growth	-33.93%	-25.89%	-38.64%	12.95%	98.60%	-15.64%
Shares Outstanding (Basic)	35	36	36	37	38	39
Shares Outstanding (Diluted)	35	36	36	37	38	39
Shares Change (YoY)	-1.86%	-1.06%	-1.95%	-4.19%	-0.95%	-2.98%
EPS (Basic)	3.92	5.51	7.36	11.76	9.98	4.98
EPS (Diluted)	3.92	5.51	7.36	11.76	9.98	4.98
EPS Growth	-32.68%	-25.09%	-37.43%	17.89%	100.51%	-13.00%
Free Cash Flow	198.88	255.56	367.96	596.65	253.48	180.09
Free Cash Flow Per Share	5.68	7.19	10.24	16.29	6.63	4.67
Dividend Per Share	1.520	1.380	1.260	1.100	0.920	0.790
Dividend Growth	12.59%	9.52%	14.54%	19.56%	16.46%	12.86%
Gross Margin	19.59%	20.17%	21.29%	20.29%	20.19%	20.69%
Operating Margin	4.34%	5.12%	6.39%	7.64%	7.70%	6.79%
Profit Margin	2.86%	4.05%	4.98%	5.79%	5.83%	4.64%
Free Cash Flow Margin	4.15%	5.29%	6.93%	8.02%	3.88%	4.35%
EBITDA	256.46	304.05	397.73	625.59	553.45	326.9
EBITDA Margin	5.35%	6.29%	7.49%	8.41%	8.46%	7.90%
D&A For EBITDA	48.62	56.74	58.15	57.45	49.61	45.86
EBIT	207.84	247.31	339.58	568.14	503.84	281.04
EBIT Margin	4.34%	5.12%	6.39%	7.64%	7.70%	6.79%
Effective Tax Rate	23.75%	22.96%	24.04%	24.06%	23.95%	22.85%

Updated Oct 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q