What is Landstar System's accrued expenses?

Landstar System (LSTR) reported accrued expenses of $88.25M in Q1 2026.

How has Landstar System's accrued expenses changed year-over-year?

Landstar System's accrued expenses decreased by 5.8% year-over-year, from $93.7M to $88.25M.

What is the long-term trend for Landstar System's accrued expenses?

Over 5 years (2020 to 2025), Landstar System's accrued expenses has grown at a -2.4% compound annual growth rate (CAGR), from $88.93M to $78.86M.

What does accrued expenses mean?

Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

Landstar System LSTR Accrued Expenses

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Other financials

Income statement

See full

Revenue$1.2B+1.6%

Operating income$53.2M+35.1%

Net income$39.4M+32.3%

EPS (diluted)$1.16+36.5%

Balance sheet

See full

Cash & equivalents$353.3M-15.4%

Total debt$95.9M-24.4%

Total equity$799.0M-14.2%

Total assets$1.6B-6.6%

Cash flow

See full

Operating cash flow$78.2M+40.4%

CapEx$5.8M+206%

Free cash flow$72.4M+34.6%

Valuation

See full

Market cap$7.04B+2.9%

Enterprise value$6.78B+3.8%

P/E56.5×+18.2×

P/S1.5×+0.1×

Profitability

See full

Operating margin3.5%-1.3pp

Net margin2.6%-1.1pp

FCF margin4.9%+0.2pp

Returns & leverage

See full

Return on equity14.4%-3.9pp

Debt / equity0.1×0.0×

Current ratio1.9×-0.2×

Where this comes from

Reported directly by Landstar System in its filing.

Tagged under the XBRL concept us-gaap:OtherLiabilitiesCurrent.

The official record: Landstar System’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Landstar System's accrued expenses?: Landstar System (LSTR) reported accrued expenses of $88.25M in Q1 2026.
How has Landstar System's accrued expenses changed year-over-year?: Landstar System's accrued expenses decreased by 5.8% year-over-year, from $93.7M to $88.25M.
What is the long-term trend for Landstar System's accrued expenses?: Over 5 years (2020 to 2025), Landstar System's accrued expenses has grown at a -2.4% compound annual growth rate (CAGR), from $88.93M to $78.86M.
What does accrued expenses mean?: Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.