Landstar System Inc (NASDAQ:LSTR)
Insiders here have filed 1 Form 4 in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Profitable, but on a thin margin.
- Revenue
- $4.98B
- Net income
- $131.7M
- Net margin
- 2.6%
Little or no net debt.
- Total debt
- $138.6M
- Cash
- $294.4M
- Net debt / EBITDA
- -0.64x
Comfortably covers what is due within a year.
- Current assets
- $1.32B
- Current liabilities
- $723.9M
- Current ratio
- 1.82
Roughly cash-neutral.
- Operating cash flow
- $189.9M
- Free cash flow
- $175.6M
- FCF margin
- 3.5%
Not funding itself by issuing shares.
- Shares outstanding
- 33.9M
- Share growth (1y)
- -2.7%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
LSTR Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 |
| Revenue | 1.43 B | 1.17 B | 1.17 B | 1.21 B | 1.22 B | 1.16 B |
| Revenue Growth (YoY) | 17.87 % | 1.31 % | -3.19 % | -1.02 % | -1.10 % | -1.56 % |
| Cost of Revenue | 1.24 B | 907.00 M | 1.02 B | 1.05 B | 971.86 M | 937.73 M |
| Gross Profit | 189.02 M | 264.29 M | 155.51 M | 158.73 M | 243.25 M | 218.37 M |
| SG&A Expense | 107.55 M | 60.97 M | 56.24 M | 90.02 M | 155.23 M | 154.90 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 125.50 M | 211.06 M | 126.96 M | 132.41 M | 186.97 M | 178.95 M |
| Operating Income | 63.52 M | 53.24 M | 28.55 M | 26.33 M | 56.28 M | 39.42 M |
| Pretax Income | 65.42 M | 52.72 M | 29.31 M | 26.11 M | 55.58 M | 39.58 M |
| Tax Provision | 16.46 M | 13.28 M | 5.37 M | 6.75 M | 13.69 M | 9.77 M |
| Net Income | 48.95 M | 39.44 M | 23.94 M | 19.36 M | 41.89 M | 29.81 M |
| EPS (Basic) | 1.44 | 1.16 | 0.70 | 0.56 | 1.20 | 0.85 |
| EPS (Diluted) | 1.44 | 1.16 | 0.70 | 0.56 | 1.20 | 0.85 |
| Shares Outstanding | 33.94 M | 34.02 M | 34.21 M | 34.58 M | 34.87 M | 35.20 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.