Landstar System, Inc. income statement LSTR

In fiscal 2025, which ended Dec 27, 2025, Landstar System, Inc. reported revenue of $4.7 billion, down 1.6% from the year before. Net income was $115.0 million, a profit margin of 2.4%. Operating income came to $151.6 million, an operating margin of 3.2%. Diluted earnings per share were $3.31. Over the twelve months ended Sep 26, 2026, revenue was $5.3 billion and net income was $160.4 million. Across the 10 fiscal years shown, revenue grew from $3.2 billion in fiscal 2016 to $4.7 billion in fiscal 2025, about 4.6% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 26, 2026
FY 2025
Dec 27, 2025
FY 2024
Dec 28, 2024
FY 2023
Dec 30, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 25, 2021
FY 2020
Dec 26, 2020
FY 2019
Dec 28, 2019
FY 2018
Dec 29, 2018
FY 2017
Dec 30, 2017
FY 2016
Dec 31, 2016
Revenue
5,290
+10.7%
4,744
-1.6%
4,819
-9.1%
5,303
-28.7%
7,437
+13.8%
6,538
+58.2%
4,133
+1.2%
4,085
-11.5%
4,615
+26.6%
3,646
+15.1%
3,168
-4.6%
Selling, general and administrative
248
+8.0%
231
+5.9%
218
+2.8%
212
-4.3%
221
+0.0%
221
+32.0%
168
+5.5%
159
-15.5%
188
+10.3%
171
+19.1%
143
-4.3%
Operating income
215
+19.3%
152
-39.1%
249
-27.7%
344
-39.7%
571
+12.9%
506
+99.9%
253
-15.4%
299
-9.9%
332
+36.0%
244
+9.3%
223
-7.6%
Pretax income
213
+18.1%
151
-40.8%
254
-26.9%
348
-38.7%
567
+13.1%
502
+101.5%
249
-15.8%
296
-9.9%
328
+36.4%
241
+9.7%
219
-8.1%
Income tax
52
+22.2%
36
-39.1%
58
-30.3%
84
-38.7%
137
+13.6%
120
+111.2%
57
-16.4%
68
-7.0%
73
+14.7%
64
-22.3%
82
-9.8%
Net income
160
+16.8%
115
-41.3%
196
-25.9%
264
-38.6%
431
+12.9%
382
+98.6%
192
-15.6%
228
-10.8%
255
+44.2%
177
+28.9%
137
-7.0%
Basic EPS
4.72
+20.2%
3.31
-39.9%
5.51
-25.1%
7.36
—
—
4.98
-12.9%
5.72
-7.6%
6.19
+46.7%
4.22
+29.4%
3.26
-3.6%
Diluted EPS
4.72
+20.2%
3.31
-39.9%
5.51
-25.1%
7.36
-37.4%
11.76
+17.8%
9.98
+100.4%
4.98
-12.9%
5.72
-7.4%
6.18
+46.8%
4.21
+29.5%
3.25
-3.6%
Weighted average shares, basic
34
-2.8%
35
-2.3%
36
-1.1%
36
—
—
39
-3.0%
40
-3.6%
41
-1.6%
42
-0.4%
42
-3.6%
Weighted average shares, diluted
34
-2.8%
35
-2.3%
36
-1.1%
36
-1.9%
37
-4.2%
38
-1.0%
39
-3.0%
40
-3.7%
41
-1.7%
42
-0.5%
42
-3.6%
Other measures
Depreciation and amortization
41
-14.9%
46
-18.2%
57
-2.4%
58
+1.2%
57
+15.8%
50
+8.2%
46
+3.1%
44
+2.1%
44
+7.4%
41
+13.3%
36
+23.0%
EBITDA
256
+12.1%
198
-35.2%
306
-24.0%
402
-36.0%
629
+13.2%
555
+85.8%
299
-13.0%
343
-8.5%
375
+31.9%
285
+9.8%
259
-4.3%
Interest coverage
42.39x
27.14x
61.07x
—
—
—
—
—
—
—
—
Margins
Operating margin
4.06%
3.20%
5.16%
6.49%
7.68%
7.73%
6.12%
7.32%
7.19%
6.69%
7.05%
Pretax margin
4.02%
3.17%
5.28%
6.56%
7.63%
7.67%
6.02%
7.24%
7.12%
6.60%
6.93%
Profit margin
3.03%
2.42%
4.07%
4.99%
5.79%
5.84%
4.65%
5.58%
5.53%
4.86%
4.34%
EBITDA margin
4.84%
4.17%
6.34%
7.59%
8.45%
8.49%
7.23%
8.41%
8.13%
7.80%
8.18%
Effective tax rate
24.57%
23.62%
22.95%
24.05%
24.06%
23.95%
22.85%
23.01%
22.28%
26.50%
37.41%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Trucking (No Local) (SIC 4213)
Listed as
LSTR (Nasdaq)
Fiscal year ends
December 30
Incorporated in
DE
Headquarters
Jacksonville, FL
SEC filer status
Large accelerated filer
SEC CIK
853816

Other Trucking (No Local) companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.