About Landstar System, Inc.
https://www.landstar.comLandstar 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.
CEO
Frank A. Lonegro
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2005-01-10 | Forward | 2:1 |
| 2003-11-14 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 235
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades
Price Target
Institutional Ownership
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
Shares:3.92M
Value:$602.68M
VANGUARD GROUP INC
Shares:3.26M
Value:$500.09M
BLACKROCK INC.
Shares:3.18M
Value:$488.25M
Summary
Showing Top 3 of 587
About Landstar System, Inc.
https://www.landstar.comLandstar 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.21B ▼ | $105.59M ▼ | $19.36M ▼ | 1.61% ▼ | $0.56 ▼ | $37.84M ▼ |
| Q2-2025 | $1.22B ▲ | $186.97M ▲ | $41.89M ▲ | 3.45% ▲ | $1.2 ▲ | $68.43M ▲ |
| Q1-2025 | $1.16B ▼ | $178.95M ▼ | $29.81M ▼ | 2.58% ▼ | $0.85 ▼ | $50.81M ▼ |
| Q4-2024 | $1.21B ▼ | $179.43M ▼ | $46.19M ▼ | 3.81% ▼ | $1.31 ▼ | $70.11M ▼ |
| Q3-2024 | $1.22B | $180.47M | $50.03M | 4.11% | $1.41 | $78.49M |
What's going well?
Revenue is holding steady, showing the business still has demand. The company managed to cut operating expenses significantly, which could help if margins recover.
What's concerning?
Profits dropped more than 50% as costs rose and margins shrank. Gross profit and earnings per share both took big hits, raising questions about cost control and pricing power.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $434.42M ▲ | $1.66B ▼ | $773.49M ▼ | $888.7M ▼ |
| Q2-2025 | $426.17M ▼ | $1.7B ▼ | $777.82M ▼ | $921.83M ▼ |
| Q1-2025 | $473.44M ▼ | $1.72B ▼ | $785.42M ▼ | $930.75M ▼ |
| Q4-2024 | $566.64M ▲ | $1.81B ▲ | $840.87M ▲ | $972.44M ▼ |
| Q3-2024 | $531.28M | $1.76B | $741.34M | $1.02B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $19.36M ▼ | $89.33M ▲ | $1.1M ▲ | $-73.25M ▼ | $15.95M ▲ | $86.04M ▲ |
| Q2-2025 | $41.89M ▲ | $7.14M ▼ | $-1.92M ▼ | $-65.62M ▲ | $-58.18M ▲ | $4.66M ▼ |
| Q1-2025 | $29.81M ▼ | $55.7M ▼ | $1.15M ▲ | $-154.6M ▼ | $-97.6M ▼ | $53.8M ▼ |
| Q4-2024 | $46.19M ▼ | $61.12M ▼ | $717K ▲ | $-13.29M ▲ | $46.19M ▲ | $54.38M ▼ |
| Q3-2024 | $50.03M | $83.1M | $-739K | $-51.17M | $30.77M | $75.62M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
 Insurance | $50.00M ▲ | $30.00M ▼ | $60.00M ▲ | $30.00M ▼ |
 Transportation Logistics | $1.19Bn ▲ | $1.14Bn ▼ | $1.20Bn ▲ | $1.19Bn ▼ |
CEO
Frank A. Lonegro
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2005-01-10 | Forward | 2:1 |
| 2003-11-14 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 235
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades
Price Target
Institutional Ownership
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
Shares:3.92M
Value:$602.68M
VANGUARD GROUP INC
Shares:3.26M
Value:$500.09M
BLACKROCK INC.
Shares:3.18M
Value:$488.25M
Summary
Showing Top 3 of 587