Landstar System has retired 53.2% of its shares since 1999, from 72,570,664 to 33,936,925.
At $171.65 a share, a market value of $5.8B. FCF yield 4.0%, P/E 46.7, trailing twelve months to March 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 1999 | 2000-03-20 | 72,570,664 | 10-K | cover page |
| 2000 | 2001-03-19 | 68,148,264 | 10-K | cover page |
| 2001 | 2002-03-15 | 64,846,024 | 10-K | cover page |
| 2002 | 2003-03-03 | 62,903,908 | 10-K | cover page |
| 2003 | 2004-03-01 | 59,366,348 | 10-K | cover page |
| 2004 | 2005-02-24 | 59,983,218 | 10-K | cover page |
| 2005 | 2006-03-07 | 58,973,419 | 10-K | cover page |
| 2006 | 2007-02-16 | 56,052,780 | 10-K | cover page |
| 2007 | 2008-02-01 | 52,510,874 | 10-K | cover page |
| 2008 | 2009-01-30 | 51,690,580 | 10-K | cover page |
| 2009 | 2010-01-29 | 50,248,214 | 10-K | cover page |
| 2010 | 2011-01-28 | 47,866,941 | 10-K | |
| 2011 | 2012-01-27 | 46,721,147 | 10-K | |
| 2012 | 2013-01-25 | 46,494,114 | 10-K | |
| 2013 | 2014-01-24 | 45,499,146 | 10-K | |
| 2014 | 2015-01-23 | 44,794,486 | 10-K | |
| 2015 | 2016-01-22 | 42,419,537 | 10-K | |
| 2016 | 2017-01-27 | 41,839,818 | 10-K | |
| 2017 | 2018-01-26 | 41,991,429 | 10-K | |
| 2018 | 2019-01-25 | 40,116,864 | 10-K | |
| 2019 | 2020-01-24 | 39,483,360 | 10-K | |
| 2020 | 2021-01-22 | 38,386,768 | 10-K | |
| 2021 | 2022-02-11 | 37,294,677 | 10-K | |
| 2022 | 2023-01-27 | 35,928,383 | 10-K | |
| 2023 | 2024-01-26 | 35,716,673 | 10-K | |
| 2024 | 2025-01-24 | 35,316,073 | 10-K | |
| 2025 | 2026-01-23 | 34,058,726 | 10-K |
Source: all 10-K filings of Landstar System on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
The story
Every Monday we write about one of these companies.
Read the full storyCash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $171.65.
Loading the chart from TradingView…
All-time chart by TradingView. Open it on TradingView →
Yes. Landstar System has 1.2% fewer shares outstanding than twelve months ago, 33,936,925 as of July 20, 2026. Over five years the share count is down 10.9%.
Net of every new share it issued, Landstar System has 38.6 million fewer shares than at its 1999 peak. That is 53.2% of the company.
33,936,925 shares, as of July 20, 2026, from the cover page of its latest 10-Q. At the 1999 peak it had 72,570,664.
Each share is a bigger slice of the company. Someone who held Landstar System stock in 1999 owns 2.1 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Landstar System ranks No. 72 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Bread Financial (53.5%), RH (53.3%), Crocs (53.2%), Axis Capital (53.1%).
Every answer is computed from Landstar System's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
From the latest 13F filings. All superinvestors.
Free. Your email goes to Substack, which runs the newsletter. Privacy