Landstar System, Inc. (LSTR)

Landstar System Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021
Net Income	115.01	195.95	264.39	430.91	381.52
Depreciation & Amortization	46.39	56.74	58.15	57.45	49.61
Loss (Gain) From Sale of Assets	-1.81	-1.6	-4.57	-2.94	-1.83
Asset Writedown & Restructuring Costs	32.17	-	-	-	-
Stock-Based Compensation	6	3.44	4.28	12.4	27.54
Provision & Write-off of Bad Debts	16.57	18.27	14.03	12.22	5.72
Other Operating Activities	2.91	-6.73	-7.45	-5.01	-3.34
Change in Accounts Receivable	-8.49	37.83	222.9	219.19	-362.23
Change in Accounts Payable	-14.06	-12.36	-131.39	-76.76	224.13
Change in Other Net Operating Assets	30.19	-4.98	-26.7	-24.81	-44.37
Operating Cash Flow	224.88	286.56	393.65	622.66	276.74
Operating Cash Flow Growth	-21.52%	-27.20%	-36.78%	125.00%	31.33%
Capital Expenditures	-9.88	-31	-25.69	-26.01	-23.26
Sale of Property, Plant & Equipment	6.93	9.75	8.29	5.24	2.97
Investment in Securities	0.6	10.75	10.92	-4	-53.05
Investing Cash Flow	-2.36	-10.5	-6.48	-24.77	-73.34
Short-Term Debt Issued	-	-	-	-	41.73
Total Debt Issued	-	-	-	-	41.73
Short-Term Debt Repaid	-4.38	-0.51	-31.41	-23.53	-
Long-Term Debt Repaid	-33.22	-31.03	-36.35	-39.06	-37.64
Total Debt Repaid	-37.6	-31.54	-67.77	-62.59	-37.64
Net Debt Issued (Repaid)	-37.6	-31.54	-67.77	-62.59	4.09
Issuance of Common Stock	-	-	0.03	0.07	0.16
Repurchase of Common Stock	-180.79	-85.33	-63.1	-296.41	-125.06
Common Dividends Paid	-56.64	-49.84	-117.13	-115.67	-111.96
Other Financing Activities	-	-	-	-1.08	-0.17
Financing Cash Flow	-343.14	-237.34	-247.97	-475.68	-232.95
Foreign Exchange Rate Adjustments	2.47	-4.75	2.26	-2.2	-0.23
Miscellaneous Cash Flow Adjustments	-0.18	-	-	-	-
Net Cash Flow	-118.32	33.98	141.46	120.01	-29.78
Free Cash Flow	215	255.56	367.96	596.65	253.48
Free Cash Flow Growth	-15.87%	-30.55%	-38.33%	135.39%	40.75%
Free Cash Flow Margin	4.52%	5.29%	6.93%	8.02%	3.88%
Free Cash Flow Per Share	6.19	7.19	10.24	16.29	6.63
Cash Interest Paid	5.33	3.81	3.6	4.15	3.72
Cash Income Tax Paid	51.45	47.53	92.7	158.72	104.84
Levered Free Cash Flow	176.28	235.75	319.6	514.48	173.11
Unlevered Free Cash Flow	176.9	235.75	319.6	516.74	175.6
Change in Working Capital	7.64	20.5	64.81	117.62	-182.48

Updated Dec 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q