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Landstar System

LSTR

Landstar System is a technology-enabled, asset-light provider of integrated transportation management solutions.

Market cap
$6.29B+34.9%
Revenue$5.0B+4.1%
Net income$131.7M-21.6%
EPS (diluted)$3.86-18.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$1.4B
EPS estimate$1.59

Financials

Q2 2026

Income statement

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Revenue$1.4B+18.2%
Operating income$66.2M+17.7%
Net income$49.0M+16.8%
EPS (diluted)$1.44+20.0%

Balance sheet

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Cash & equivalents$294.4M-18.1%
Total debt$91.9M-21.4%
Total equity$836.7M-9.2%
Total assets$1.7B+2.5%

Cash flow

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CapEx$2.9M+16.9%

Valuation & ratios

Valuation

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Market cap$6.29B+34.9%
Enterprise value$6.09B+32.9%
P/E47.7×+19.0×
P/S1.3×+0.3×

Profitability

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Operating margin3.5%-1.0pp
Net margin2.6%-0.9pp

Returns & leverage

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Return on equity15%-2.5pp
Debt / equity0.1×0.0×
Current ratio1.8×-0.2×

Segments

By product

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Van Equipment$717.5M+21.3%
Unsided Platform Equipment$492.2M+22.8%
Other Truck Transportation$99.1M-1.6%
Less Than Truckload$25.1M-0.7%

By segment

See full
Transportation Logistics$1.4B+18.5%
Insurance$40.3M-2.9%

Competitors

Profile

Landstar System is a technology-enabled, asset-light provider of integrated transportation management solutions. The company leverages a vast network of independent agents and third-party capacity providers to deliver specialized transportation services across multiple modes, including truck, rail, air, and ocean. Its core value proposition centers on a variable-cost business model that emphasizes safety, cargo security, and information coordination through a proprietary digital ecosystem.

Competitive position

Landstar is a leading asset-light provider with one of the largest networks of independent commission sales agents and truckload independent contractors in the United States.

GeographiesUnited States, Canada, Mexico
Customer segmentsEnterprise, Small and Medium Businesses, Government Agencies
Business modelAsset-light logistics, Commission-based agency model, B2B Marketplace, Reinsurance
SuppliersIndependent Business Capacity Owners (BCOs), Third-party Truck Brokerage Carriers, Class 1 Railroads, Air and Ocean Cargo Carriers, Fuel Providers, Cloud Infrastructure Providers
CustomersManufacturing companies, Retailers, U.S. Department of Defense, Construction and building material suppliers, Third-party logistics providers
Listed1993
Employees1.5K
CEOFrank A. Lonegro
FilingsSEC EDGAR

Questions, answered.

What is Landstar System's market cap?
Landstar System (LSTR) has a market capitalization of $6.3B and trades on NASDAQ.
What is Landstar System's revenue and profitability?
Landstar System generated $5.0B in trailing twelve-month revenue with net income of $131.7M, representing a net margin of 2.6%. These figures are based on the Q2 2026 filing.
Who are Landstar System's competitors?
Landstar System's key competitors include Knight-Swift Transportation Holdings Inc., C.H. Robinson Worldwide, Inc., J.B. Hunt Transport Services, Inc., and others. These companies compete in similar markets and product categories.
Who does Landstar System partner with?
Landstar System's notable partners include International Air Transport Association, Federal Maritime Commission.
What subsidiaries does Landstar System have?
Landstar System's subsidiaries include Landstar Ranger, Inc., Landstar Inway, Inc., Landstar Ligon, Inc., and others.
Where is Landstar System headquartered?
Landstar System is headquartered in United States of America and employs approximately 1,468 people. It has been publicly traded since 1993.