Landstar System, Inc. is an American transportation services company specializing in logistics and, more specifically, third-party logistics. Landstar utilizes an extensive network of over 8,800 independent owner-operators, referred to internally as business capacity owners (BCOs), over 1,000 independent freight agents, and over 70,000 vetted carriers. Landstar provides services principally throughout the United States and to a lesser extent in Canada and between the U.S. and Canada, Mexico, and other countries around the world.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| LSTR | LANDSTAR SYSTEM INC | 2025-12-01 16:20:00 | 132.26 | 0 | 0 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LSTR | 0000853816 | LANDSTAR SYSTEM INC | US5150981018 | 254900CUQXQRL09MEI52 | 061313069 | Nasdaq | 4213 | Trucking (No Local) | 1230 | DE | 13410 SUTTON PARK DRIVE SOUTH | JACKSONVILLE | FL | 32224 | UNITED STATES | US | 9043989400 | LANDSTAR SYSTEM INC, JACKSONVILLE, FL, 32224 | 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE, FL, 32224 | — | Transportation | 1968 | Frank Lonegro | 1,273 | http://landstar.com | 6,488,715,000 | 68,589,418 | 34,344,702 | Landstar System, Inc. is an American transportation services company specializing in logistics and, more specifically, third-party logistics. Landstar utilizes an extensive network of over 8,800 independent owner-operators, referred to internally as business capacity owners (BCOs), over 1,000 independent freight agents, and over 70,000 vetted carriers. Landstar provides services principally throughout the United States and to a lesser extent in Canada and between the U.S. and Canada, Mexico, and other countries around the world. | 2025-11-27 16:01:50 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 6,488,715,000 | -367,433,000 | -5.3592 | 35,316,073 | -400,600 | -1.1216 |
| 2023 | 6,856,148,000 | 1,515,416,000 | 28.3747 | 35,716,673 | -211,710 | -0.5893 |
| 2022 | 5,340,732,000 | -761,823,000 | -12.4837 | 35,928,383 | -1,366,294 | -3.6635 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Michael K. Kneller | Secretary, General Counsel, Vice President | 2024 | 400,000 | 0 | 947,290 | 0 | 22,066 | 1,401,942 |
| James P. Todd | Chief Financial Officer, Vice President | 2024 | 375,000 | 0 | 714,842 | 0 | 30,533 | 1,177,012 |
| Frank A. Lonegro | Chief Executive Officer, President | 2024 | 730,303 | 800,000 | 11,395,182 | 0 | 448,123 | 13,374,405 |
| James B. Gattoni | Chief Executive Officer, President | 2024 | 302,273 | 0 | 0 | 0 | 32,688 | 738,296 |
| Joseph J. Beacom | President, Vice President | 2024 | 377,084 | 0 | 714,842 | 0 | 33,256 | 1,248,996 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 1,441 |
| 2023 | 1,468 |
| 2022 | 1,449 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 4,819,245,000 | 5,303,322,000 | 7,436,562,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 217,708,000 | 211,799,000 | 221,279,000 |
| Operating Expenses | 4,585,148,000 | 4,969,314,000 | 6,868,641,000 |
| Operating Income | 248,907,000 | 344,149,000 | 571,083,000 |
| Net Income | 195,946,000 | 264,394,000 | 430,914,000 |
| Earnings Per Share Basic | 5.51 | 7.36 | — |
| Earnings Per Share Diluted | 5.51 | 7.36 | 11.76 |
| Weighted Average Shares Outstanding Basic | 35,538,000 | 35,920,000 | — |
| Weighted Average Shares Outstanding Diluted | 35,538,000 | 35,920,000 | 36,633,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 515,018,000 | 481,043,000 | 339,581,000 |
| Marketable Securities Current | 51,619,000 | 59,661,000 | 53,955,000 |
| Accounts Receivable | 683,841,000 | 743,762,000 | 967,793,000 |
| Inventories | — | — | — |
| Non Trade Receivables | 47,160,000 | 43,339,000 | 56,235,000 |
| Other Assets Current | 22,229,000 | 24,936,000 | 21,826,000 |
| Total Assets Current | 1,319,867,000 | 1,352,741,000 | 1,439,390,000 |
| Marketable Securities Non Current | 92,246,000 | 92,100,000 | 104,575,000 |
| Property Plant And Equipment | 311,345,000 | 284,300,000 | 314,990,000 |
| Other Assets Non Current | 141,166,000 | 122,530,000 | 136,279,000 |
| Total Assets Non Current | 493,444,000 | 449,105,000 | 492,489,000 |
| Total Assets | 1,813,311,000 | 1,801,846,000 | 1,931,879,000 |
| Accounts Payable | 383,625,000 | 395,980,000 | 527,372,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | — | — | — |
| Other Liabilities Current | 84,237,000 | 76,569,000 | 98,945,000 |
| Total Liabilities Current | 673,154,000 | 675,224,000 | 878,135,000 |
| Long Term Debt | 0 | 0 | 0 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | — | — | — |
| Common Stock | 686,000 | 685,000 | 684,000 |
| Retained Earnings | 2,859,916,000 | 2,783,645,000 | 2,635,960,000 |
| Accumulated Other Comprehensive Income | -12,010,000 | -6,865,000 | -15,024,000 |
| Total Shareholders Equity | 972,439,000 | 983,923,000 | 887,221,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 56,738,000 | 58,153,000 | 57,453,000 |
| Share Based Compensation Expense | 3,435,000 | 4,282,000 | 12,399,000 |
| Other Non Cash Income Expense | 1,597,000 | 4,574,000 | 2,944,000 |
| Change In Accounts Receivable | -37,834,000 | -222,895,000 | -219,190,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 16,094,000 | 2,544,000 | 5,938,000 |
| Change In Accounts Payable | -12,355,000 | -131,392,000 | -76,758,000 |
| Change In Other Liabilities | 8,509,000 | -15,795,000 | -31,571,000 |
| Cash From Operating Activities | 286,561,000 | 393,648,000 | 622,659,000 |
| Purchases Of Marketable Securities | 101,312,000 | 101,639,000 | 40,202,000 |
| Sales Of Marketable Securities | 112,065,000 | 112,555,000 | 41,198,000 |
| Acquisition Of Property Plant And Equipment | 30,998,000 | 25,688,000 | 26,005,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -10,499,000 | -6,478,000 | -24,772,000 |
| Tax Withholding For Share Based Compensation | 3,928,000 | 9,185,000 | 10,428,000 |
| Payments Of Dividends | 119,675,000 | 116,709,000 | 112,138,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 81,400,000 | 53,919,000 | 285,983,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | 31,027,000 | 36,353,000 | 39,063,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -237,339,000 | -247,971,000 | -475,682,000 |
| Change In Cash | 33,975,000 | 141,462,000 | 120,010,000 |
| Cash At End Of Period | 515,018,000 | 481,043,000 | 339,581,000 |
| Income Taxes Paid | 47,528,000 | 92,695,000 | 158,715,000 |
| Interest Paid | 3,813,000 | 3,604,000 | 4,151,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 5.51 | 7.36 | — |
| Price To Earnings Ratio | 31.637 | 26.3111 | — |
| Earnings Growth Rate | -25.1359 | — | — |
| Price Earnings To Growth Ratio | -1.2586 | — | — |
| Book Value Per Share | 32.0828 | 31.3648 | — |
| Price To Book Ratio | 5.4334 | 6.1741 | — |
| Ebitda | 304,288,000 | 415,242,000 | 647,082,000 |
| Enterprise Value | 5,679,966,160 | 6,474,865,000 | — |
| Dividend Yield | 0.0193 | 0.0168 | — |
| Dividend Payout Ratio | 0.6108 | 0.4414 | 0.2602 |
| Debt To Equity Ratio | 0 | 0 | 0 |
| Capital Expenditures | 83,783,000 | 27,463,000 | 55,057,000 |
| Free Cash Flow | 202,778,000 | 366,185,000 | 567,602,000 |
| Return On Equity | 0.2015 | 0.2687 | 0.4857 |
| One Year Beta | 0.6568 | 0.9291 | 0.7772 |
| Three Year Beta | 0.7802 | 0.8136 | 0.8283 |
| Five Year Beta | 0.8224 | 0.8562 | 0.8478 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| HOUSEY HART MELANIE | Director | 2025-10-31 | 645 | A | 645 |
| Blanton Jonathan Barr | Director | 2025-10-31 | 645 | A | 645 |
| Akbari Dr. Homaira | Director | 2025-05-19 | 1,043 | A | 13,149 |
| BANNISTER DAVID G/ | Director | 2025-05-19 | 1,043 | A | 25,688 |
| Liang James L | Director | 2025-05-19 | 1,043 | A | 3,833 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Thomas R Tillis | Senator | 2015-02-26 | Sale (Full) | 2015-02-13 | Joint | $1,001 - $15,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Lisa McClain | 2025-08-13 | MI09 | Sale | 2025-07-16 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-08-13 | MI09 | Purchase | 2025-06-17 | Spouse | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| JPMORGAN CHASE & CO | 2025-09-30 | 91,491,780 | 746,506 | 122.56 |
| TD Capital Management LLC | 2025-09-30 | 2,004 | 16 | 125.25 |
| CIBC Private Wealth Group LLC | 2025-09-30 | 32,356 | 264 | 122.5606 |
| Bell Investment Advisors, Inc | 2025-09-30 | 2,329 | 19 | 122.5789 |
| Asset Dedication, LLC | 2025-09-30 | 1,961 | 16 | 122.5625 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| JANUS INVESTMENT FUND | 2025-09-30 | Class I | JVSIX | 9,258 | 1,134,660.48 | 1.3326 |
| JANUS INVESTMENT FUND | 2025-09-30 | Class D | JSVDX | 9,258 | 1,134,660.48 | 1.3326 |
| JANUS INVESTMENT FUND | 2025-09-30 | Class C | JVSCX | 9,258 | 1,134,660.48 | 1.3326 |
| JANUS INVESTMENT FUND | 2025-09-30 | Class A | JVSAX | 9,258 | 1,134,660.48 | 1.3326 |
| JANUS ASPEN SERIES | 2025-09-30 | Institutional Shares | JAMVX | 7,042 | 863,067.52 | 0.7523 |