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
Total Trade 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
Net Property, Plant & Equipment	261.32	311.35	284.3	314.99	317.39
Goodwill	34.01	40.93	42.28	41.22	40.77
Other Long-Term Assets	124.28	141.17	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
Short-Term Debt	56.65	61.03	61.54	92.95	116.48
Current Portion of Long-Term Debt	28.34	33.12	27.88	36.18	36.56
Other Current Liabilities	241.28	195.38	189.83	221.64	252.81
Total Current Liabilities	695.84	673.15	675.22	878.14	1,010
Long-Term Debt	48.48	69.19	43.26	67.23	75.24
Other Long-Term Liabilities	95.95	98.53	99.44	99.3	98.23
Total Long-Term Liabilities	144.43	167.72	142.7	166.52	173.47
Total Liabilities	840.27	840.87	817.92	1,045	1,183
Common Stock	0.69	0.69	0.69	0.68	0.68
Treasury Stock	-2,313	-2,131	-2,048	-1,993	-1,706
Additional Paid-in Capital	261.26	255.26	254.64	258.49	255.15
Accumulated Other Comprehensive Income	-5.71	-12.01	-6.87	-15.02	-5.4
Retained Earnings	2,853	2,860	2,784	2,636	2,317
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	163.34	132.68	196.35	228.28
Net Cash (Debt)	318.75	403.3	408.02	197.18	23.02
Net Cash Growth	-20.96%	-1.16%	106.93%	756.65%	-80.02%
Net Cash Per Share	9.18	11.35	11.36	5.38	0.60
Book Value	795.67	972.44	983.92	887.22	862.01
Book Value Per Share	22.92	27.36	27.39	24.22	22.55
Tangible Book Value	761.66	931.51	941.65	846	821.24
Tangible Book Value Per Share	21.94	26.21	26.22	23.09	21.48

Updated Dec 27, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q