Landstar System, Inc. (LSTR)

Landstar System Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020	Dec 28, 2019
Cash & Equivalents	468.83	481.04	339.58	215.52	249.35	319.52
Short-Term Investments	62.45	59.66	53.96	35.78	41.38	32.9
Cash & Short-Term Investments	531.28	540.7	393.54	251.3	290.73	352.42
Cash Growth	6.95%	37.40%	56.60%	-13.56%	-17.50%	46.97%
Accounts Receivable	694.63	743.76	967.79	1,154	764.17	588.55
Other Receivables	51.53	43.34	56.24	101.12	134.76	35.55
Receivables	746.17	787.1	1,024	1,255	898.93	624.1
Other Current Assets	33.95	24.94	21.83	16.16	18.52	21.37
Total Current Assets	1,311	1,353	1,439	1,523	1,208	997.89
Property, Plant & Equipment	290.32	286	314.99	317.39	297	285.86
Long-Term Investments	13.29	92.1	-	-	-	-
Goodwill	41.12	42.28	41.22	40.77	40.95	38.51
Other Long-Term Assets	101.13	28.74	136.28	164.41	107.68	105.46
Total Assets	1,757	1,802	1,932	2,045	1,654	1,428
Accounts Payable	397.91	395.98	527.37	604.13	380.51	272
Accrued Expenses	43.37	41.83	50.84	46.9	149.77	44.53
Short-Term Debt	50.75	61.54	92.95	116.48	74.75	53.88
Current Portion of Leases	28.29	28.71	36.18	36.56	35.42	42.63
Other Current Liabilities	72.34	147.17	170.8	205.92	165.7	139.87
Total Current Liabilities	592.65	675.22	878.14	1,010	806.14	552.9
Long-Term Leases	45.29	44.13	67.23	75.24	65.36	70.21
Long-Term Deferred Tax Liabilities	43.53	23.99	31.43	48.72	51.6	49.55
Other Long-Term Liabilities	59.86	74.58	67.86	49.51	38.87	33.58
Total Liabilities	741.34	817.92	1,045	1,183	961.96	706.24
Common Stock	0.69	0.69	0.68	0.68	0.68	0.68
Additional Paid-In Capital	255.4	254.64	258.49	255.15	228.88	226.12
Retained Earnings	2,897	2,784	2,636	2,317	2,046	1,962
Treasury Stock	-2,129	-2,048	-1,993	-1,706	-1,582	-1,465
Comprehensive Income & Other	-8.56	-6.87	-15.02	-5.4	-2	-2.21
Total Common Equity	1,016	983.92	887.22	862.01	691.84	721.47
Shareholders' Equity	1,016	983.92	887.22	862.01	691.84	721.47
Total Liabilities & Equity	1,757	1,802	1,932	2,045	1,654	1,428
Total Debt	124.33	134.38	196.35	228.28	175.52	166.72
Net Cash (Debt)	406.96	406.33	197.18	23.02	115.21	185.69
Net Cash Growth	9.54%	106.07%	756.65%	-80.02%	-37.96%	231.42%
Net Cash Per Share	11.41	11.31	5.38	0.60	2.98	4.67
Filing Date Shares Outstanding	35.33	35.72	35.93	37.29	38.39	39.48
Total Common Shares Outstanding	35.33	35.72	35.93	37.69	38.39	39.47
Working Capital	718.74	677.52	561.26	512.92	402.04	444.98
Book Value Per Share	28.75	27.55	24.69	22.87	18.02	18.28
Tangible Book Value	974.8	941.65	846	821.24	650.89	682.96
Tangible Book Value Per Share	27.59	26.36	23.55	21.79	16.96	17.30
Land	-	16.33	16.33	16.33	16.33	15.83
Buildings	-	71.16	69.16	65.03	64.31	58.48
Machinery	-	633.5	622.78	580.12	515.76	492.39

Source: S&P Capital IQ. Standard template. Financial Sources.