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Landstar System LSTR Insurance — Selling General And Administrative Expense

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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:SellingGeneralAndAdministrativeExpense.

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
Commissions to agents109,435109,43599,52299,522
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

Item 1. Financial Statements

FAQ

What is Landstar System's insurance — selling general and administrative expense?
Landstar System (LSTR) reported insurance — selling general and administrative expense of $3.24M in Q2 2026.
How has Landstar System's insurance — selling general and administrative expense changed year-over-year?
Landstar System's insurance — selling general and administrative expense increased by 2.9% year-over-year, from $3.15M to $3.24M.
What is the long-term trend for Landstar System's insurance — selling general and administrative expense?
Over 3 years (2022 to 2025), Landstar System's insurance — selling general and administrative expense has grown at a -7.9% compound annual growth rate (CAGR), from $14.78M to $11.54M.
What does insurance — selling general and administrative expense mean?
This metric represents the overhead costs associated with operating the insurance segment, including administrative staff, office expenses, and general management costs. It measures the operational efficiency of the insurance unit in supporting its underwriting and service activities. Tracking this expense helps assess the scalability of the insurance business model.

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