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Landstar System LSTR Finance Lease Liabilities

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Other financials

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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Operating cash flow$78.2M+40.4%
CapEx$2.9M+16.9%
Free cash flow$72.4M+34.6%

Valuation

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Market cap$6.09B+33.3%
Enterprise value$5.88B+36.1%
P/E46.2×+19.0×
P/S1.2×+0.3×

Profitability

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Operating margin3.5%-1.0pp
Net margin2.6%-0.9pp
FCF margin4.9%+0.2pp

Returns & leverage

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

Where this comes from

Reported directly by Landstar System in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

The source filing: Landstar System’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 12:54 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-322966
Line itemJune 27, 2026December 27, 2025
Liabilities held for sale6,961
Other current liabilities99,58878,856
Total current liabilities723,923695,840
Long-term debt, excluding current maturities42,08848,480
Insurance claims98,68662,706
Deferred income taxes and other noncurrent liabilities41,10833,244
Shareholders’ Equity
Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,631,174 and 68,590,708 shares686686

Item 1. Financial Statements

FAQ

What is Landstar System's finance lease liabilities?
Landstar System (LSTR) reported finance lease liabilities of $42.09M in Q2 2026.
How has Landstar System's finance lease liabilities changed year-over-year?
Landstar System's finance lease liabilities decreased by 23.0% year-over-year, from $54.68M to $42.09M.
What is the long-term trend for Landstar System's finance lease liabilities?
Over 5 years (2020 to 2025), Landstar System's finance lease liabilities has grown at a -5.8% compound annual growth rate (CAGR), from $65.36M to $48.48M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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