Landstar System financials
$168.42+1.82%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 27 | FY24 Dec 28 | FY23 Dec 30 | FY22 Dec 31 | FY21 Dec 25 | FY20 Dec 26 | FY19 Dec 28 | FY18 Dec 29 | FY17 Dec 30 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.74B | $4.82B | $5.30B | $7.44B | $6.54B | $4.13B | $4.09B | $4.62B | $3.65B | $3.17B |
| Gross profit | $1.06B | $1.07B | $1.24B | $7.44B | $6.54B | $4.13B | $4.09B | $4.62B | $3.65B | $3.17B |
| Gross margin | 22.2% | 22.3% | 23.3% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $137.9M | $234.1M | $334.0M | $567.9M | $502.8M | $249.6M | $298.9M | $327.9M | $241.5M | $221.7M |
| Net income | $115.0M | $195.9M | $264.4M | $430.9M | $381.5M | $192.1M | $227.7M | $255.3M | $177.1M | $137.3M |
| Net margin | 2.4% | 4.1% | 5.0% | 5.8% | 5.8% | 4.6% | 5.6% | 5.5% | 4.9% | 4.3% |
| Diluted EPS | $3.31 | $5.51 | $7.36 | $11.76 | $9.98 | $4.98 | $5.72 | $6.18 | $4.21 | $3.25 |
| EBITDA | $216.4M | $290.8M | $392.2M | $625.4M | $552.4M | $313.5M | $343.4M | $371.5M | $282.0M | $257.8M |
| Operating cash flow | $224.9M | $286.6M | $393.6M | $622.7M | $276.7M | $210.7M | $307.8M | $297.9M | $139.0M | $190.2M |
| Free cash flow | $215.0M | $255.6M | $368.0M | $596.7M | $253.5M | $180.1M | $288.4M | $288.2M | $123.4M | $167.6M |
| Diluted shares | 34.7M | 35.5M | 35.9M | 36.6M | 38.2M | 38.6M | 39.8M | 41.3M | 42.0M | 42.2M |
Balance sheet
| Period end | Dec 27 | Dec 28 | Dec 30 | Dec 31 | Dec 25 | Dec 26 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $396.7M | $515.0M | $481.0M | $339.6M | $215.5M | $249.4M |
| Short-term investments | $55.5M | $51.6M | $59.7M | $54.0M | $35.8M | $41.4M |
| Total debt | $133.5M | $163.3M | $132.7M | $196.4M | $228.3M | $175.5M |
| Total assets | $1.64B | $1.81B | $1.80B | $1.93B | $2.05B | $1.65B |
| Total liabilities | $840.3M | $840.9M | $817.9M | $1.04B | $1.18B | $962.0M |
| Shareholders' equity | $795.7M | $972.4M | $983.9M | $887.2M | $862.0M | $691.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology