LSTR Stock - Landstar System, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $4.83B | $5.31B | $7.44B | $6.54B | $4.14B |
| Gross Profit | $974.88M | $1.13B | $1.51B | $1.32B | $855.76M |
| Gross Margin | 20.2% | 21.3% | 20.3% | 20.2% | 20.7% |
| Operating Income | $248.91M | $344.15M | $571.08M | $505.67M | $252.95M |
| Net Income | $195.95M | $264.39M | $430.91M | $381.52M | $192.11M |
| Net Margin | 4.1% | 5.0% | 5.8% | 5.8% | 4.6% |
| EPS | $5.51 | $7.36 | $11.99 | $10.12 | $4.98 |
Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The company operates through two segments: Transportation Logistics, and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, such as third party logistics, small package and less-than-truckload service providers. It provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. This segment serves the automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment reinsures certain risks of the company's independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 5th 2025 | Wells Fargo | Initiation | Equal Weight | $145 |
| October 29th 2025 | TD Cowen | Reiterated | Hold | $127← $135 |
| July 30th 2025 | TD Cowen | Reiterated | Hold | $135← $141 |
| July 1st 2025 | Robert W. Baird | Resumed | Outperform | $166 |
| June 9th 2025 | Barclays | Initiation | Equal Weight | $145 |
| June 9th 2025 | Barclays | Downgrade | Equal Weight | $145 |
| April 3rd 2025 | TD Cowen | Reiterated | Hold | $145← $161 |
| March 13th 2025 | Truist | Initiation | Hold | $160 |
| November 15th 2024 | Raymond James | Downgrade | Market Perform | - |
| October 30th 2024 | TD Cowen | Reiterated | Hold | $174← $176 |
| July 31st 2024 | TD Cowen | Reiterated | Hold | $176← $171 |
| July 11th 2024 | Wolfe Research | Downgrade | Peer Perform | - |
| May 15th 2024 | Raymond James | Resumed | Outperform | $205 |
| January 10th 2024 | Wolfe Research | Upgrade | Outperform | $205 |
| December 11th 2023 | JP Morgan | Initiation | Neutral | $186 |
Earnings History & Surprises
LSTREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 11, 2026 | — | — | — | — |
Q1 2026 | Feb 4, 2026 | $1.26 | — | — | — |
Q4 2025 | Oct 28, 2025 | $1.24 | $1.22 | -1.6% | ✗ MISS |
Q3 2025 | Jul 29, 2025 | $1.16 | $1.20 | +3.4% | ✓ BEAT |
Q2 2025 | May 13, 2025 | $0.93 | $0.85 | -8.1% | ✗ MISS |
Q1 2025 | Jan 29, 2025 | $1.35 | $1.31 | -3.0% | ✗ MISS |
Q4 2024 | Oct 29, 2024 | $1.45 | $1.41 | -2.8% | ✗ MISS |
Q3 2024 | Jul 30, 2024 | $1.45 | $1.48 | +2.1% | ✓ BEAT |
Q2 2024 | Apr 24, 2024 | $1.28 | $1.32 | +3.1% | ✓ BEAT |
Q1 2024 | Jan 31, 2024 | $1.62 | $1.62 | 0.0% | = MET |
Q4 2023 | Oct 25, 2023 | $1.71 | $1.71 | 0.0% | = MET |
Q3 2023 | Jul 26, 2023 | $1.83 | $1.85 | +1.1% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $2.07 | $2.17 | +4.8% | ✓ BEAT |
Q1 2023 | Feb 1, 2023 | $2.62 | $2.60 | -0.8% | ✗ MISS |
Q4 2022 | Oct 19, 2022 | $2.76 | $2.76 | 0.0% | = MET |
Q3 2022 | Jul 20, 2022 | $3.23 | $3.05 | -5.6% | ✗ MISS |
Q2 2022 | Apr 20, 2022 | $3.05 | $3.34 | +9.5% | ✓ BEAT |
Q1 2022 | Jan 26, 2022 | $2.84 | $2.99 | +5.3% | ✓ BEAT |
Q4 2021 | Oct 20, 2021 | $2.49 | $2.58 | +3.6% | ✓ BEAT |
Q3 2021 | Jul 21, 2021 | $2.32 | $2.40 | +3.4% | ✓ BEAT |
Latest News
Stifel Maintains Hold on Landstar System, Raises Price Target to $140
➖ NeutralMorgan Stanley Maintains Equal-Weight on Landstar System, Raises Price Target to $135
➖ NeutralWells Fargo Initiates Coverage On Landstar System with Equal-Weight Rating, Announces Price Target of $145
➖ NeutralLandstar System Declares Special Dividend Of $2/Share
📈 PositiveBarclays Maintains Equal-Weight on Landstar System, Lowers Price Target to $130
➖ NeutralUBS Maintains Neutral on Landstar System, Lowers Price Target to $147
➖ NeutralStifel Maintains Hold on Landstar System, Lowers Price Target to $127
📉 NegativeJP Morgan Maintains Neutral on Landstar System, Lowers Price Target to $134
➖ NeutralTruist Securities Maintains Hold on Landstar System, Lowers Price Target to $130
📉 NegativeSusquehanna Maintains Neutral on Landstar System, Lowers Price Target to $110
➖ NeutralLandstar System Q3 Adj. EPS $1.22 Beats $1.20 Estimate, Sales $1.205B Miss $1.206B Estimate
➖ NeutralJP Morgan Maintains Neutral on Landstar System, Lowers Price Target to $138
➖ NeutralStifel Maintains Hold on Landstar System, Lowers Price Target to $130
➖ NeutralBarclays Maintains Equal-Weight on Landstar System, Lowers Price Target to $135
➖ NeutralEvercore ISI Group Maintains In-Line on Landstar System, Lowers Price Target to $125
➖ NeutralFrequently Asked Questions about LSTR
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