Landstar System Financial Statements
NASDAQ: LSTRIndustrialsTrucking Freight/Courier ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Landstar System revenue and earnings
In fiscal 2025, Landstar System generated $4.74 billion in revenue, down 1.6% from fiscal 2024, its first annual decline since 2024. Net income was $115.0 million (-41.3% year over year), for a net margin of 2.4% versus a median of 5.0% in the prior 5 years. Operating margin was 3.2%.
Diluted earnings per share came in at $3.31, down from $5.51. Over the last 5 fiscal years, LSTR's revenue has grown at a 2.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Landstar System income statement (annual)
| Fiscal year (USD) | FY 20252025-12-27 | FY 20242024-12-28 | FY 20232023-12-30 | FY 20222022-12-31 | FY 20212021-12-25 | FY 20202020-12-26 | FY 20192019-12-28 | FY 20182018-12-29 | FY 20172017-12-30 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.74B | 4.82B | 5.30B | 7.44B | 6.54B | 4.13B | 4.08B | 4.62B | 3.65B | 3.17B |
| Revenue growth (YoY) | -1.57% | -9.13% | -28.69% | +13.75% | +58.18% | +1.19% | -11.50% | +26.57% | +15.11% | -4.62% |
| Selling, General & Admin | 230.55M | 217.71M | 211.80M | 221.28M | 221.28M | 167.63M | 158.95M | 188.21M | 170.58M | 143.24M |
| Operating Income | 151.58M | 248.91M | 344.15M | 571.08M | 505.67M | 252.95M | 298.90M | 331.74M | 243.97M | 223.25M |
| Interest Expense | 5.59M | 4.08M | 3.87M | 4.52M | 3.98M | 3.95M | 3.14M | 3.35M | 3.17M | 3.79M |
| Pretax Income | 150.58M | 254.33M | 348.10M | 567.46M | 501.69M | 249.00M | 295.76M | 328.38M | 240.80M | 219.46M |
| Income Tax | 35.57M | 58.38M | 83.70M | 136.55M | 120.17M | 56.89M | 68.06M | 73.17M | 63.81M | 82.11M |
| Net Income | 115.01M | 195.95M | 264.39M | 430.91M | 381.52M | 192.11M | 227.72M | 255.28M | 177.09M | 137.35M |
| Net Income growth (YoY) | -41.31% | -25.89% | -38.64% | +12.95% | +98.60% | -15.64% | -10.80% | +44.15% | +28.93% | -7.00% |
| EPS (Basic) | 3.31 | 5.51 | 7.36 | 11.76 | 9.98 | 4.98 | 5.72 | 6.19 | 4.22 | 3.26 |
| EPS (Diluted) | 3.31 | 5.51 | 7.36 | 11.76 | 9.98 | 4.98 | 5.72 | 6.18 | 4.21 | 3.25 |
| Shares Outstanding (Basic) | 34.72M | 35.54M | 35.92M | 36.63M | 38.23M | 38.60M | 39.79M | 41.27M | 41.94M | 42.11M |
| Shares Outstanding (Diluted) | 34.72M | 35.54M | 35.92M | 36.63M | 38.23M | 38.60M | 39.79M | 41.31M | 42.02M | 42.24M |
| EBITDA | 197.97M | 305.64M | 402.30M | 628.54M | 555.28M | 298.81M | 343.37M | 375.31M | 284.53M | 259.05M |
| Operating Margin | 3.20% | 5.16% | 6.49% | 7.68% | 7.73% | 6.12% | 7.32% | 7.19% | 6.69% | 7.05% |
| Net Margin | 2.42% | 4.07% | 4.99% | 5.79% | 5.84% | 4.65% | 5.58% | 5.53% | 4.86% | 4.34% |
This table shows 10 annual periods of Landstar System's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, selling, general & admin, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow LSTR's reporting calendar. What is a income statement?