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Landstar System LSTR Q3 2024 earnings

Reported October 29, 2024 · After market close

Revenue$1.2BMiss by $10.4M
EPS$1.41Miss by $0.04
Revenue estimate$1.2B
EPS estimate$1.45

Next report

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

Financials

Q3 2024

Income statement

See full
Revenue$1.2B-5.9%
Operating income$63.1M-21.4%
Net income$50.0M-18.8%
EPS (diluted)$1.41-17.5%

Balance sheet

See full
Cash & equivalents$468.8M+6.6%
Total debt$101.3M-4.8%
Total equity$1.0B-2.6%
Total assets$1.8B-5.1%

Cash flow

See full
Operating cash flow$83.1M-25.8%
CapEx$7.5M+171%
Free cash flow$75.6M-30.8%

Valuation & ratios

Valuation

as of 09/28/24
See full
Market cap$6.73B+5.9%
Enterprise value$6.37B+5.6%
P/E32.4×+11.2×
P/S1.4×+0.3×

Profitability

See full
Operating margin5.5%-1.3pp
Net margin4.3%-0.9pp
FCF margin5.8%-2.3pp

Returns & leverage

See full
Return on equity20.2%-11.1pp
Debt / equity0.1×0.0×
Current ratio2.2×+0.1×

Segments

By product

See full
Van Equipment$604.0M-9.3%
Unsided Platform Equipment$369.8M-2.2%
Other Truck Transportation$93.2M-8.6%
Less Than Truckload$24.2M-13.9%

By segment

See full
Transportation Logistics$1.2B-5.7%
Insurance$15.5M-13.5%

Versus estimates

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Questions, answered.

When did Landstar System report Q3 2024 earnings?
Landstar System (LSTR) reported Q3 2024 earnings on October 29, 2024 after market close.
What were Landstar System's Q3 2024 revenue and EPS?
Landstar System reported revenue of $1.2B and eps of $1.41 for Q3 2024.
Did Landstar System beat estimates in Q3 2024?
Revenue missed the consensus estimate of $1.2B by $10.4M. EPS missed the consensus estimate of $1.45 by $0.04.
Where can I find Landstar System's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0001193125-24-247331) directly on SEC EDGAR. The filing index links above go to sec.gov.