(LSTR) Landstar System - Overview

Sector: Industrials | Industry: Integrated Freight & Logistics | Exchange: NASDAQ (USA) | Market Cap: 5.698m USD | Total Return: 24.9% in 12m

Truckload, Freight Brokerage, Intermodal, Logistics, Insurance
Total Rating 66
Safety 78
Buy Signal 0.95
Integrated Freight & Logistics
Industry Rotation: -2.0
Market Cap: 5.70B
Avg Turnover: 78.1M
Risk 3d forecast
Volatility35.7%
VaR 5th Pctl5.97%
VaR vs Median1.51%
Reward TTM
Sharpe Ratio0.70
Rel. Str. IBD79
Rel. Str. Peer Group40.6
Character TTM
Beta0.627
Beta Downside0.837
Hurst Exponent0.457
Drawdowns 3y
Max DD38.75%
CAGR/Max DD0.05
CAGR/Mean DD0.11
EPS (Earnings per Share) EPS (Earnings per Share) of LSTR over the last years for every Quarter: "2021-03": 2.01, "2021-06": 2.4, "2021-09": 2.58, "2021-12": 2.99, "2022-03": 3.34, "2022-06": 3.05, "2022-09": 2.76, "2022-12": 2.6, "2023-03": 2.17, "2023-06": 1.85, "2023-09": 1.71, "2023-12": 1.62, "2024-03": 1.32, "2024-06": 1.48, "2024-09": 1.41, "2024-12": 1.31, "2025-03": 0.95, "2025-06": 1.2, "2025-09": 1.22, "2025-12": 0.7, "2026-03": 1.16,
EPS CAGR: -22.72%
EPS Trend: -92.3%
Last SUE: 0.16
Qual. Beats: 0
Revenue Revenue of LSTR over the last years for every Quarter: 2021-03: 1288.218, 2021-06: 1571.466, 2021-09: 1735.005, 2021-12: 1945.736, 2022-03: 1971.32, 2022-06: 1975.65, 2022-09: 1816.848, 2022-12: 1675.906, 2023-03: 1437.043, 2023-06: 1376.341, 2023-09: 1292.367, 2023-12: 1207.712, 2024-03: 1174.455, 2024-06: 1228.659, 2024-09: 1217.789, 2024-12: 1213.152, 2025-03: 1156.1, 2025-06: 1215.112, 2025-09: 1205.406, 2025-12: 1174.469, 2026-03: 1171.291,
Rev. CAGR: -13.01%
Rev. Trend: -83.3%
Last SUE: 0.59
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

Confidence

Description: LSTR Landstar System

Landstar System, Inc. (LSTR) is a Jacksonville-based provider of integrated transportation management solutions operating primarily in North America. The company functions through two distinct segments: Transportation Logistics, which manages a diverse array of freight services including truckload, intermodal, air, and ocean cargo, and an Insurance segment focused on risk management and reinsurance for independent contractors.

Unlike traditional trucking firms that own large vehicle fleets, Landstar utilizes an asset-light business model. This framework relies on a vast network of independent commission-based agents and third-party capacity providers to execute shipments, allowing the company to scale operations without the high fixed costs of equipment ownership. The business serves a broad industrial base, ranging from automotive and chemicals to military equipment and consumer durables.

The cargo ground transportation sector is currently navigating fluctuating spot market rates and shifting demand cycles. For a deeper look at how these trends impact valuation metrics, consider reviewing the latest data on ValueRay. Landstar’s ability to maintain cross-border operations in Mexico and Canada remains a key component of its logistics strategy.

Headlines to Watch Out For
  • Spot market freight rates directly impact revenue and net income margins
  • Agent-based business model minimizes fixed costs during cyclical freight downturns
  • Industrial manufacturing production levels drive demand for specialized flatbed services
  • Independent contractor availability and insurance costs affect operational capacity and margins
  • US-Mexico cross-border trade volume influences long-haul transportation logistics revenue growth
Piotroski VR‑10 (Strict) 8.5
Net Income: 124.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.15 > 0.02 and ΔFCF/TA 1.50 > 1.0
NWC/Revenue: 11.60% < 20% (prev 13.07%; Δ -1.47% < -1%)
CFO/TA 0.15 > 3% & CFO 247.4m > Net Income 124.6m
Net Debt (-327.1m) to EBITDA (236.9m): -1.38 < 3
Current Ratio: 1.88 > 1.5 & < 3
Outstanding Shares: last quarter (34.0m) vs 12m ago -3.35% < -2%
Gross Margin: 17.24% > 18% (prev 0.20%; Δ 1.70k% > 0.5%)
Asset Turnover: 287.3% > 50% (prev 280.6%; Δ 6.66% > 0%)
Interest Coverage Ratio: 79.62 > 6 (EBITDA TTM 236.9m / Interest Expense TTM 2.41m)
Altman Z'' 10.00
A: 0.35 (Total Current Assets 1.18b - Total Current Liabilities 630.7m) / Total Assets 1.60b
B: 1.80 (Retained Earnings 2.88b / Total Assets 1.60b)
C: 0.12 (EBIT TTM 192.2m / Avg Total Assets 1.66b)
D: 3.58 (Book Value of Equity 2.87b / Total Liabilities 803.2m)
Altman-Z'' Score: 12.65 = AAA
Beneish M -3.05
DSRI: 0.93 (Receivables 692.0m/751.6m, Revenue 4.77b/4.82b)
GMI: 1.14 (GM 17.24% / 19.74%)
AQI: 0.99 (AQ_t 0.10 / AQ_t-1 0.10)
SGI: 0.99 (Revenue 4.77b / 4.82b)
TATA: -0.08 (NI 124.6m - CFO 247.4m) / TA 1.60b)
Beneish M-Score: -3.05 (Cap -4..+1) = AA
What is the price of LSTR shares? As of May 17, 2026, the stock is trading at USD 176.04 with a total of 658,002 shares traded.
Over the past week, the price has changed by -4.01%, over one month by +5.72%, over three months by +22.46% and over the past year by +24.87%.
Is LSTR a buy, sell or hold? Landstar System has received a consensus analysts rating of 2.94. Therefor, it is recommend to hold LSTR.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 16
  • Sell: 1
  • StrongSell: 0
What are the forecasts/targets for the LSTR price?
Analysts Target Price 174.9 -0.7%
Landstar System (LSTR) - Fundamental Data Overview as of 16 May 2026
P/E Trailing = 46.5235
P/E Forward = 33.1126
P/S = 1.1932
P/B = 7.785
P/EG = 1.2966
Revenue TTM = 4.77b USD
EBIT TTM = 192.2m USD
EBITDA TTM = 236.9m USD
Long Term Debt = 69.3m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 26.1m USD (from shortTermDebt, last quarter)
Debt = 95.4m USD (corrected: LT Debt 69.3m + ST Debt 26.1m)
Net Debt = -327.1m USD (from netDebt column, last quarter)
Enterprise Value = 5.38b USD (5.70b + Debt 95.4m - CCE 411.0m)
Interest Coverage Ratio = 79.62 (Ebit TTM 192.2m / Interest Expense TTM 2.41m)
EV/FCF = 23.04x (Enterprise Value 5.38b / FCF TTM 233.6m)
FCF Yield = 4.34% (FCF TTM 233.6m / Enterprise Value 5.38b)
FCF Margin = 4.90% (FCF TTM 233.6m / Revenue TTM 4.77b)
Net Margin = 2.62% (Net Income TTM 124.6m / Revenue TTM 4.77b)
Gross Margin = 17.24% ((Revenue TTM 4.77b - Cost of Revenue TTM 3.94b) / Revenue TTM)
Gross Margin QoQ = 22.56% (prev 13.24%)
Tobins Q-Ratio = 3.36 (Enterprise Value 5.38b / Total Assets 1.60b)
Interest Expense / Debt = 0.54% (Interest Expense 518k / Debt 95.4m)
Taxrate = 25.19% (13.3m / 52.7m)
NOPAT = 143.8m (EBIT 192.2m * (1 - 25.19%))
Current Ratio = 1.88 (Total Current Assets 1.18b / Total Current Liabilities 630.7m)
Debt / Equity = 0.12 (Debt 95.4m / totalStockholderEquity, last quarter 799.0m)
Debt / EBITDA = -1.38 (Net Debt -327.1m / EBITDA 236.9m)
Debt / FCF = -1.40 (Net Debt -327.1m / FCF TTM 233.6m)
Total Stockholder Equity = 851.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.51% (Net Income 124.6m / Total Assets 1.60b)
RoE = 14.64% (Net Income TTM 124.6m / Total Stockholder Equity 851.3m)
RoCE = 20.88% (EBIT 192.2m / Capital Employed (Equity 851.3m + L.T.Debt 69.3m))
RoIC = 15.88% (NOPAT 143.8m / Invested Capital 905.6m)
WACC = 8.06% (E(5.70b)/V(5.79b) * Re(8.19%) + D(95.4m)/V(5.79b) * Rd(0.54%) * (1-Tc(0.25)))
Discount Rate = 8.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -2.24%
[DCF] Terminal Value 73.12% ; FCFF base≈229.9m ; Y1≈171.2m ; Y5≈100.7m
[DCF] Fair Price = 65.70 (EV 1.90b - Net Debt -327.1m = Equity 2.23b / Shares 33.9m; r=8.06% [WACC]; 5y FCF grow -30.21% → 3.0% )
EPS Correlation: -92.35 | EPS CAGR: -22.72% | SUE: 0.16 | # QB: 0
Revenue Correlation: -83.27 | Revenue CAGR: -13.01% | SUE: 0.59 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.47 | Chg30d=+8.84% | Revisions=+76% | Analysts=15
EPS next Quarter (2026-09-30): EPS=1.47 | Chg30d=+3.75% | Revisions=+73% | Analysts=14
EPS current Year (2026-12-31): EPS=5.63 | Chg30d=+4.81% | Revisions=+68% | GrowthEPS=+40.0% | GrowthRev=+8.1%
EPS next Year (2027-12-31): EPS=7.01 | Chg30d=+4.42% | Revisions=+56% | GrowthEPS=+24.5% | GrowthRev=+10.2%
[Analyst] Revisions Ratio: +76%