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 | 2026-03-03 12:03:29 | 159.62 | -4.04 | -2.46 |
| 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://www.landstar.com | 4,792,022,000 | 68,590,708 | 34,058,726 | 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. | 2026-02-26 16:42:05 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 4,792,022,000 | -1,696,693,000 | -26.1484 | 34,058,726 | -1,257,347 | -3.5603 |
| 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 |
| 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 |
|---|---|
| 2025 | 1,378 |
| 2024 | 1,441 |
| 2023 | 1,468 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 4,743,760,000 | 4,819,245,000 | 5,303,322,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 230,548,000 | 217,708,000 | 211,799,000 |
| Operating Expenses | 4,605,868,000 | 4,585,148,000 | 4,969,314,000 |
| Operating Income | 151,577,000 | 248,907,000 | 344,149,000 |
| Net Income | 115,007,000 | 195,946,000 | 264,394,000 |
| Earnings Per Share Basic | 3.31 | 5.51 | 7.36 |
| Earnings Per Share Diluted | 3.31 | 5.51 | 7.36 |
| Weighted Average Shares Outstanding Basic | 34,717,000 | 35,538,000 | 35,920,000 |
| Weighted Average Shares Outstanding Diluted | 34,717,000 | 35,538,000 | 35,920,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 396,694,000 | 515,018,000 | 481,043,000 |
| Marketable Securities Current | 55,531,000 | 51,619,000 | 59,661,000 |
| Accounts Receivable | 670,137,000 | 683,841,000 | 743,762,000 |
| Inventories | — | — | — |
| Non Trade Receivables | 52,784,000 | 47,160,000 | 43,339,000 |
| Other Assets Current | 28,949,000 | 22,229,000 | 24,936,000 |
| Total Assets Current | 1,216,326,000 | 1,319,867,000 | 1,352,741,000 |
| Marketable Securities Non Current | 91,482,000 | 92,246,000 | 92,100,000 |
| Property Plant And Equipment | 261,322,000 | 311,345,000 | 284,300,000 |
| Other Assets Non Current | 124,282,000 | 141,166,000 | 122,530,000 |
| Total Assets Non Current | 419,609,000 | 493,444,000 | 449,105,000 |
| Total Assets | 1,635,935,000 | 1,813,311,000 | 1,801,846,000 |
| Accounts Payable | 369,567,000 | 383,625,000 | 395,980,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | — | — | — |
| Other Liabilities Current | 78,856,000 | 84,237,000 | 76,569,000 |
| Total Liabilities Current | 695,840,000 | 673,154,000 | 675,224,000 |
| Long Term Debt | 0 | 0 | 0 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | — | — | — |
| Common Stock | 686,000 | 686,000 | 685,000 |
| Retained Earnings | 2,852,680,000 | 2,859,916,000 | 2,783,645,000 |
| Accumulated Other Comprehensive Income | -5,712,000 | -12,010,000 | -6,865,000 |
| Total Shareholders Equity | 795,665,000 | 972,439,000 | 983,923,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 46,388,000 | 56,738,000 | 58,153,000 |
| Share Based Compensation Expense | 5,998,000 | 3,435,000 | 4,282,000 |
| Other Non Cash Income Expense | 1,807,000 | 1,597,000 | 4,574,000 |
| Change In Accounts Receivable | 8,494,000 | -37,834,000 | -222,895,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 11,290,000 | 16,094,000 | 2,544,000 |
| Change In Accounts Payable | -14,058,000 | -12,355,000 | -131,392,000 |
| Change In Other Liabilities | -5,213,000 | 8,509,000 | -15,795,000 |
| Cash From Operating Activities | 224,882,000 | 286,561,000 | 393,648,000 |
| Purchases Of Marketable Securities | 162,630,000 | 101,312,000 | 101,639,000 |
| Sales Of Marketable Securities | 163,229,000 | 112,065,000 | 112,555,000 |
| Acquisition Of Property Plant And Equipment | 9,880,000 | 30,998,000 | 25,688,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -2,356,000 | -10,499,000 | -6,478,000 |
| Tax Withholding For Share Based Compensation | 933,000 | 3,928,000 | 9,185,000 |
| Payments Of Dividends | 122,243,000 | 119,675,000 | 116,709,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 179,856,000 | 81,400,000 | 53,919,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | 33,217,000 | 31,027,000 | 36,353,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -343,143,000 | -237,339,000 | -247,971,000 |
| Change In Cash | -118,324,000 | 33,975,000 | 141,462,000 |
| Cash At End Of Period | 396,694,000 | 515,018,000 | 481,043,000 |
| Income Taxes Paid | 51,451,000 | 47,528,000 | 92,695,000 |
| Interest Paid | 5,326,000 | 3,813,000 | 3,604,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 3.31 | 5.51 | 7.36 |
| Price To Earnings Ratio | 44.1148 | 31.637 | 26.3111 |
| Earnings Growth Rate | -39.9274 | -25.1359 | — |
| Price Earnings To Growth Ratio | -1.1049 | -1.2586 | — |
| Book Value Per Share | 27.0788 | 32.0828 | 31.3648 |
| Price To Book Ratio | 5.3924 | 5.4334 | 6.1741 |
| Ebitda | 218,432,000 | 304,288,000 | 415,242,000 |
| Enterprise Value | 4,672,682,340 | 5,679,966,160 | 6,474,865,000 |
| Dividend Yield | 0.0241 | 0.0193 | 0.0168 |
| Dividend Payout Ratio | 1.0629 | 0.6108 | 0.4414 |
| Debt To Equity Ratio | 0 | 0 | 0 |
| Capital Expenditures | -3,635,000 | 83,783,000 | 27,463,000 |
| Free Cash Flow | 228,517,000 | 202,778,000 | 366,185,000 |
| Return On Equity | 0.1445 | 0.2015 | 0.2687 |
| One Year Beta | 0.7591 | 0.6568 | 0.9291 |
| Three Year Beta | 0.7777 | 0.7802 | 0.8136 |
| Five Year Beta | 0.7814 | 0.8224 | 0.8562 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Lewis Terri M | Chief Human Resources Officer | 2026-02-23 | 1,169 | A | 1,169 |
| Lewis Terri M | Chief Human Resources Officer | 2026-02-23 | 3,342 | A | 4,511 |
| Lonegro Frank A | Director, President & CEO | 2026-02-02 | 2,085 | D | 23,110 |
| Applegate James M | Chief Corp Sales, Strat, S Frt | 2026-01-31 | 227 | D | 8,102 |
| CORO RICARDO S | Vice President - CIO | 2026-01-31 | 366 | D | 22,855 |
| 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 |
|---|---|---|---|---|
| Caitong International Asset Management Co., Ltd | 2025-12-31 | 11,065 | 77 | 143.7013 |
| TD Capital Management LLC | 2025-12-31 | 2,356 | 16 | 147.25 |
| Bell Investment Advisors, Inc | 2025-12-31 | 2,156 | 15 | 143.7333 |
| River Road Asset Management, LLC | 2025-12-31 | 18,081,627 | 125,829 | 143.7 |
| Pacer Advisors, Inc. | 2025-12-31 | 607,133 | 4,225 | 143.7001 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Lazard Active ETF Trust | 2025-12-31 | Lazard US Systematic Small Cap Equity ETF | SYZ | 769 | 110,505.3 | 0.1999 |
| LAZARD FUNDS INC | 2025-12-31 | R6 Shares | RLSMX | 3,233 | 464,582.1 | 1.3995 |
| LAZARD FUNDS INC | 2025-12-31 | Institutional Shares | LZSCX | 3,233 | 464,582.1 | 1.3995 |
| LAZARD FUNDS INC | 2025-12-31 | Open Shares | LZCOX | 3,233 | 464,582.1 | 1.3995 |
| LAZARD FUNDS INC | 2025-12-31 | Institutional Shares | LZISX | 738 | 106,050.6 | 0.8232 |