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Landstar System LSTR Insurance — Operating Income

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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:OperatingIncomeLoss.

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 itemTwenty-Six Weeks Ended / June 27, 2026 / Transportation LogisticsTwenty-Six Weeks Ended / June 27, 2026 / InsuranceTwenty-Six Weeks Ended / June 27, 2026 / TotalTwenty-Six Weeks Ended / June 28, 2025 / Transportation LogisticsTwenty-Six Weeks Ended / June 28, 2025 / InsuranceTwenty-Six Weeks Ended / June 28, 2025 / Total
Other operating costs, net of gains on asset sales/dispositions17,94517,94519,59519,595
Insurance and claims30,83548,85379,68829,51742,44671,963
Selling, general and administrative64,9563,23768,19352,5593,14755,706
Depreciation and amortization10,40910,40912,14912,149
Operating income60,7855,44366,22841,93414,34656,280
Operating income66,22856,280
Interest and debt expense (1)812698
Income before income taxes65,41655,582

Item 1. Financial Statements

FAQ

What is Landstar System's insurance — operating income?
Landstar System (LSTR) reported insurance — operating income of $5.44M in Q2 2026.
How has Landstar System's insurance — operating income changed year-over-year?
Landstar System's insurance — operating income decreased by 62.1% year-over-year, from $14.35M to $5.44M.
What is the long-term trend for Landstar System's insurance — operating income?
Over 2 years (2021 to 2023), Landstar System's insurance — operating income has grown at a 15.9% compound annual growth rate (CAGR), from $41.39M to $55.58M.
What does insurance — operating income mean?
This metric measures the net operating profitability of the insurance segment after accounting for all revenues, claims, and administrative expenses. It indicates the core financial health and viability of the insurance business as a standalone unit. A positive operating income demonstrates that the segment is effectively managing its risk and cost structure.

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