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	Mar '26 Mar 28, 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	353.26	396.69	515.02	481.04	339.58	215.52
Short-Term Investments	57.7	55.53	51.62	59.66	53.96	35.78
Cash & Short-Term Investments	410.95	452.23	566.64	540.7	393.54	251.3
Cash Growth	-13.20%	-20.19%	4.80%	37.40%	56.60%	-13.56%
Accounts Receivable	692.02	670.14	683.84	743.76	967.79	1,154
Other Receivables	48.4	52.78	47.16	43.34	56.24	101.12
Total Trade Receivables	740.42	722.92	731	787.1	1,024	1,255
Other Current Assets	32.23	41.18	22.23	24.94	21.83	16.16
Total Current Assets	1,184	1,216	1,320	1,353	1,439	1,523
Net Property, Plant & Equipment	255.74	261.32	311.35	284.3	314.99	317.39
Goodwill	34.01	34.01	40.93	42.28	41.22	40.77
Other Long-Term Assets	128.85	124.28	141.17	122.53	136.28	164.41
Total Assets	1,602	1,636	1,813	1,802	1,932	2,045
Accounts Payable	396.65	369.57	383.63	395.98	527.37	604.13
Short-Term Debt	54.43	56.65	61.03	61.54	92.95	116.48
Current Portion of Long-Term Debt	26.12	28.34	33.12	27.88	36.18	36.56
Other Current Liabilities	153.51	241.28	195.38	189.83	221.64	252.81
Total Current Liabilities	630.72	695.84	673.15	675.22	878.14	1,010
Long-Term Debt	43.15	48.48	69.19	43.26	67.23	75.24
Other Long-Term Liabilities	129.36	95.95	98.53	99.44	99.3	98.23
Total Long-Term Liabilities	172.5	144.43	167.72	142.7	166.52	173.47
Total Liabilities	803.22	840.27	840.87	817.92	1,045	1,183
Common Stock	0.69	0.69	0.69	0.69	0.68	0.68
Treasury Stock	-2,337	-2,313	-2,131	-2,048	-1,993	-1,706
Additional Paid-in Capital	263.74	261.26	255.26	254.64	258.49	255.15
Accumulated Other Comprehensive Income	-7.09	-5.71	-12.01	-6.87	-15.02	-5.4
Retained Earnings	2,879	2,853	2,860	2,784	2,636	2,317
Shareholders' Equity	798.98	795.67	972.44	983.92	887.22	862.01
Total Liabilities & Equity	1,602	1,636	1,813	1,802	1,932	2,045
Total Debt	123.7	133.48	163.34	132.68	196.35	228.28
Net Cash (Debt)	287.25	318.75	403.3	408.02	197.18	23.02
Net Cash Growth	-9.88%	-20.96%	-1.16%	106.93%	756.65%	-80.02%
Net Cash Per Share	8.35	9.18	11.35	11.36	5.38	0.60
Book Value	798.98	795.67	972.44	983.92	887.22	862.01
Book Value Per Share	23.21	22.92	27.36	27.39	24.22	22.55
Tangible Book Value	764.97	761.66	931.51	941.65	846	821.24
Tangible Book Value Per Share	22.22	21.94	26.21	26.22	23.09	21.48

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q