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Other financials

Income statement

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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

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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

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Operating cash flow$78.2M+40.4%
CapEx$5.8M+206%
Free cash flow$72.4M+34.6%

Valuation

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Market cap$7.04B+2.9%
Enterprise value$6.78B+3.8%
P/E56.5×+18.2×
P/S1.5×+0.1×

Profitability

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Operating margin3.5%-1.3pp
Net margin2.6%-1.1pp
FCF margin4.9%+0.2pp

Returns & leverage

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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:OperatingInsuranceAndClaimsCostsProduction.

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 claims?
Landstar System (LSTR) reported claims of $35.56M in Q1 2026.
How has Landstar System's claims changed year-over-year?
Landstar System's claims decreased by 10.8% year-over-year, from $39.85M to $35.56M.
What is the long-term trend for Landstar System's claims?
Over 4 years (2021 to 2025), Landstar System's claims has grown at a 10.9% compound annual growth rate (CAGR), from $105.46M to $159.44M.
What does claims mean?
Includes the costs associated with insurance premiums, self-insured retention, and the settlement of cargo or liability claims arising from transportation operations. This metric highlights the company's risk exposure and the effectiveness of its safety and risk management programs. High or volatile claims costs can significantly impact operating profitability in the transportation sector.