Landstar System › Financials
Landstar System financials
LSTRTen years from Landstar System’s own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Mar 2026 | Latest quarterMar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.17B | $3.65B | $4.62B | $4.08B | $4.13B | $6.54B | $7.44B | $5.30B | $4.82B | $4.74B | $4.76B | — |
| Operating income | $223.3M | $244.0M | $331.7M | $298.9M | $252.9M | $505.7M | $571.1M | $344.1M | $248.9M | $151.6M | $165.4M | — |
| Net income | $137.3M | $177.1M | $255.3M | $227.7M | $192.1M | $381.5M | $430.9M | $264.4M | $195.9M | $115.0M | $124.6M | — |
| Earnings per share, diluted | $3.25 | $4.21 | $6.18 | $5.72 | $4.98 | $9.98 | $11.76 | $7.36 | $5.51 | $3.31 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Mar 2026 | Latest quarterMar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $178.9M | $242.4M | $199.7M | $319.5M | $249.4M | $215.5M | $339.6M | $481.0M | $515.0M | $396.7M | — | $353.3M |
| Total assets | $1.10B | $1.35B | $1.38B | $1.43B | $1.65B | $2.05B | $1.93B | $1.80B | $1.81B | $1.64B | — | $1.60B |
| Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 |
| Total liabilities | $554.0M | $698.6M | $691.4M | $706.2M | $962.0M | $1.18B | $1.04B | $817.9M | $840.9M | $840.3M | — | $803.2M |
| Shareholders' equity | $542.6M | $650.7M | $686.8M | $721.5M | $691.8M | $862.0M | $887.2M | $983.9M | $972.4M | $795.7M | — | $799.0M |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Mar 2026 | Latest quarterMar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $190.2M | $139.0M | $297.9M | $307.8M | $210.7M | $276.7M | $622.7M | $393.6M | $286.6M | $224.9M | $247.4M | — |
| Capital spending | $22.6M | $15.6M | $9.7M | $19.4M | $30.6M | $23.3M | $26.0M | $25.7M | $31.0M | $9.9M | $13.8M | — |
| Free cash flow | $167.6M | $123.4M | $288.2M | $288.4M | $180.1M | $253.5M | $596.7M | $368.0M | $255.6M | $215.0M | $233.6M | — |
| Buybacks | $50.5M | $0 | $208.1M | $88.6M | $116.0M | $122.7M | $286.0M | $53.9M | $81.4M | $179.9M | $141.9M | — |
| Dividends | $14.3M | $15.9M | $88.9M | $27.9M | $109.5M | $112.0M | $115.7M | $117.1M | $120.5M | $124.8M | $123.2M | — |
| Returned to shareholders | $64.8M | $15.9M | $297.0M | $116.5M | $225.5M | $234.7M | $401.7M | $171.0M | $201.9M | $304.6M | $265.1M | — |
| Stock-based pay | $2.7M | $7.7M | $18.3M | $4.2M | $4.6M | $27.5M | $12.4M | $4.3M | $3.4M | $6.0M | $6.4M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Landstar System financials, answered
What is Landstar System's market cap?
$5.83B at $171.65 a share, with 33,936,925 shares outstanding as of Jul 20, 2026, from the cover of its latest SEC filing.
How much does Landstar System earn?
Revenue of $4.76B and net income of $124.6M in the last 12 months to Mar 2026.
How much debt does Landstar System have?
Landstar System reported $0 of debt and $353.3M of cash and equivalents on its balance sheet in Mar 2026.
Does Landstar System make free cash flow?
Yes. Operating cash flow minus capital spending was $233.6M in the last 12 months to Mar 2026.
How much cash does Landstar System return to shareholders?
$304.6M in buybacks and dividends in fiscal 2025, from the cash flow statement.