Landstar System Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 27, 2026	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	294.35	396.69	515.02	481.04	339.58	215.52
Short-Term Investments	53.35	55.53	51.62	59.66	53.96	35.78
Cash & Short-Term Investments	347.7	452.23	566.64	540.7	393.54	251.3
Cash Growth	-18.41%	-20.19%	4.80%	37.40%	56.60%	-13.56%
Accounts Receivable	866.88	670.14	683.84	743.76	967.79	1,154
Other Receivables	47.31	52.78	47.16	43.34	56.24	101.12
Receivables	914.19	722.92	731	787.1	1,024	1,255
Other Current Assets	59.16	41.18	22.23	24.94	21.83	16.16
Total Current Assets	1,321	1,216	1,320	1,353	1,439	1,523
Property, Plant & Equipment	253.45	261.94	311.35	284.3	314.99	317.39
Long-Term Investments	20.42	16.15	-	-	-	-
Goodwill	34.01	34.01	40.93	42.28	41.22	40.77
Other Long-Term Assets	113.62	107.52	141.17	122.53	136.28	164.41
Total Assets	1,743	1,636	1,813	1,802	1,932	2,045
Accounts Payable	468.78	369.57	383.63	395.98	527.37	604.13
Accrued Expenses	59.02	87.34	40.51	41.83	50.84	46.9
Short-Term Debt	71.85	56.65	61.03	61.54	92.95	116.48
Current Portion of Leases	24.97	28.63	33.12	27.88	36.18	36.56
Other Current Liabilities	99.3	153.65	154.87	148	170.8	205.92
Total Current Liabilities	723.92	695.84	673.15	675.22	878.14	1,010
Long-Term Leases	42.28	48.81	69.19	43.26	67.23	75.24
Long-Term Deferred Tax Liabilities	40.91	32.92	35.69	23.99	31.43	48.72
Other Long-Term Liabilities	98.69	62.71	62.84	75.45	67.86	49.51
Total Liabilities	905.81	840.27	840.87	817.92	1,045	1,183
Common Stock	0.69	0.69	0.69	0.69	0.68	0.68
Additional Paid-In Capital	266.67	261.26	255.26	254.64	258.49	255.15
Retained Earnings	2,914	2,853	2,860	2,784	2,636	2,317
Treasury Stock	-2,337	-2,313	-2,131	-2,048	-1,993	-1,706
Comprehensive Income & Other	-7.66	-5.71	-12.01	-6.87	-15.02	-5.4
Total Common Equity	836.73	795.67	972.44	983.92	887.22	862.01
Shareholders' Equity	836.73	795.67	972.44	983.92	887.22	862.01
Total Liabilities & Equity	1,743	1,636	1,813	1,802	1,932	2,045
Total Debt	139.11	134.09	163.34	132.68	196.35	228.28
Net Cash (Debt)	208.6	318.13	403.3	408.02	197.18	23.02
Net Cash Growth	-25.96%	-21.12%	-1.16%	106.93%	756.65%	-80.02%
Net Cash Per Share	6.10	9.16	11.35	11.36	5.38	0.60
Filing Date Shares Outstanding	33.94	34.06	35.32	35.72	35.93	37.29
Total Common Shares Outstanding	33.94	34.06	35.32	35.72	35.93	37.69
Working Capital	597.12	520.49	646.71	677.52	561.26	512.92
Book Value Per Share	24.66	23.36	27.54	27.55	24.69	22.87
Tangible Book Value	802.73	761.66	931.51	941.65	846	821.24
Tangible Book Value Per Share	23.65	22.36	26.38	26.36	23.55	21.79
Land	-	17.39	17.39	16.33	16.33	16.33
Buildings	-	81.05	80.72	71.16	69.16	65.03
Machinery	-	636.53	669.78	633.5	622.78	580.12

SEC Filings: 10-K · 10-Q