Overview Dividends

(LSTR) Landstar System - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5150981018

Truckload, Intermodal, Air/Ocean, Brokerage, Insurance

Cargo Ground Transportation
Market Cap in USD: 5,133m

IPO / Inception: 1993-03-05
Return 12m vs S&P 500: -27.6%

EPS (Earnings per Share)

EPS CAGR: -21.26%
EPS Trend: -95.7%

Last SUE: -0.69
Qual. Beats: 0

Revenue

Rev. CAGR: -11.99%
Rev. Trend: -90.2%

Last SUE: 0.07
Qual. Beats: 0

Dividends

Dividend Yield	2.46%
Yield on Cost 5y	2.90%
Yield CAGR 5y	4.91%
Payout Consistency	90.3%
Payout Ratio	68.4%

Risk via 5d forecast
Volatility	30.3%
Value at Risk 5%th	46.7%
Relative Tail Risk	-6.31%

Reward TTM
Sharpe Ratio	-0.55
Alpha	-28.95
CAGR/Max DD	-0.07

Character TTM
Hurst Exponent	0.463
Beta	0.750
Beta Downside	0.601

Drawdowns 3y
Max DD	38.75%
Mean DD	14.28%
Median DD	10.26%

Description: LSTR Landstar System November 05, 2025

Landstar System, Inc. (NASDAQ:LSTR) operates a two-segment business model: Transportation Logistics, which delivers a full suite of truckload, LTL, rail-intermodal, air and ocean services across North America and internationally, and an Insurance segment that underwrites risk for its independent contractor fleet. The logistics arm serves a diversified customer base-including automotive, consumer durables, building products, metals, chemicals, food, heavy machinery, retail, electronics, and defense-while the insurance side provides claims management and reinsurance for those contractors.

Key operating metrics from the most recent 10-K (FY 2023) show revenue of roughly $5.0 billion, with the Transportation Logistics segment contributing about 90 % and the Insurance segment ~10 %. Adjusted EBITDA margin hovered near 6 %, reflecting the capital-light, asset-free model that relies on independent owner-operators. Volume growth was modest (+4 % YoY) despite a tight capacity market, and the company’s exposure to fuel price swings remains a primary cost driver. Macro-level, e-commerce expansion and sustained freight demand in the automotive and industrial sectors are the dominant tailwinds for the cargo-ground industry.

If you want a deeper, data-driven assessment-including scenario-based forecasts and valuation sensitivities-consider exploring the detailed models available on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (137.3m TTM) > 0 and > 6% of Revenue (6% = 287.4m TTM)

FCFTA 0.12 (>2.0%) and ΔFCFTA -4.01pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 13.07% (prev 14.89%; Δ -1.81pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.13 (>3.0%) and CFO 213.3m > Net Income 137.3m (YES >=105%, WARN >=100%)

Net Debt (-250.1m) to EBITDA (227.2m) ratio: -1.10 <= 3.0 (WARN <= 3.5)

Current Ratio 2.01 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (34.6m) change vs 12m ago -2.37% (target <= -2.0% for YES)

Gross Margin 17.90% (prev 20.53%; Δ -2.62pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 280.1% (prev 274.8%; Δ 5.37pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 43.25 (EBITDA TTM 227.2m / Interest Expense TTM 4.13m) >= 6 (WARN >= 3)

Altman Z'' 12.82

(A) 0.38 = (Total Current Assets 1.25b - Total Current Liabilities 619.1m) / Total Assets 1.66b

(B) 1.75 = Retained Earnings (Balance) 2.91b / Total Assets 1.66b

warn (B) unusual magnitude: 1.75 — check mapping/units

(D) 3.75 = Book Value of Equity 2.90b / Total Liabilities 773.5m

Total Rating: 12.82 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 55.86

1. Piotroski 7.0pt

2. FCF Yield 4.12%

3. FCF Margin 4.15%

4. Debt/Equity 0.14

5. Debt/Ebitda -1.10

6. ROIC - WACC (= 4.87)%

7. RoE 14.78%

8. Rev. Trend -90.24%

9. EPS Trend -95.67%

What is the price of LSTR shares?

As of December 21, 2025, the stock is trading at USD 144.78 with a total of 730,918 shares traded.
Over the past week, the price has changed by -2.25%, over one month by +17.35%, over three months by +16.51% and over the past year by -14.84%.

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.

Strong Buy: 0
Buy: 0
Hold: 16
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the LSTR price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	132.8	-8.3%
Analysts Target Price	132.8	-8.3%
ValueRay Target Price	144.9	0.1%

LSTR Fundamental Data Overview December 16, 2025

Market Cap USD = 5.13b (5.13b USD * 1.0 USD.USD)
P/E Trailing = 37.8798
P/E Forward = 25.7732
P/S = 1.0708
P/B = 5.7238
P/EG = 2.2477
Beta = 0.85
Revenue TTM = 4.79b USD
EBIT TTM = 178.6m USD
EBITDA TTM = 227.2m USD
Long Term Debt = 77.1m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 77.4m USD (from shortTermDebt, last quarter)
Debt = 125.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -250.1m USD (from netDebt column, last quarter)
Enterprise Value = 4.82b USD (5.13b + Debt 125.1m - CCE 434.4m)
Interest Coverage Ratio = 43.25 (Ebit TTM 178.6m / Interest Expense TTM 4.13m)
FCF Yield = 4.12% (FCF TTM 198.9m / Enterprise Value 4.82b)
FCF Margin = 4.15% (FCF TTM 198.9m / Revenue TTM 4.79b)
Net Margin = 2.87% (Net Income TTM 137.3m / Revenue TTM 4.79b)
Gross Margin = 17.90% ((Revenue TTM 4.79b - Cost of Revenue TTM 3.93b) / Revenue TTM)
Gross Margin QoQ = 13.17% (prev 20.02%)
Tobins Q-Ratio = 2.90 (Enterprise Value 4.82b / Total Assets 1.66b)
Interest Expense / Debt = 0.17% (Interest Expense 217.0k / Debt 125.1m)
Taxrate = 25.83% (6.75m / 26.1m)
NOPAT = 132.4m (EBIT 178.6m * (1 - 25.83%))
Current Ratio = 2.01 (Total Current Assets 1.25b / Total Current Liabilities 619.1m)
Debt / Equity = 0.14 (Debt 125.1m / totalStockholderEquity, last quarter 888.7m)
Debt / EBITDA = -1.10 (Net Debt -250.1m / EBITDA 227.2m)
Debt / FCF = -1.26 (Net Debt -250.1m / FCF TTM 198.9m)
Total Stockholder Equity = 928.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.26% (Net Income 137.3m / Total Assets 1.66b)
RoE = 14.78% (Net Income TTM 137.3m / Total Stockholder Equity 928.4m)
RoCE = 17.76% (EBIT 178.6m / Capital Employed (Equity 928.4m + L.T.Debt 77.1m))
RoIC = 13.44% (NOPAT 132.4m / Invested Capital 985.1m)
WACC = 8.57% (E(5.13b)/V(5.26b) * Re(8.78%) + D(125.1m)/V(5.26b) * Rd(0.17%) * (1-Tc(0.26)))
Discount Rate = 8.78% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.72%
[DCF Debug] Terminal Value 70.10% ; FCFE base≈231.6m ; Y1≈172.5m ; Y5≈101.5m
Fair Price DCF = 49.30 (DCF Value 1.69b / Shares Outstanding 34.3m; 5y FCF grow -30.21% → 3.0% )
EPS Correlation: -95.67 | EPS CAGR: -21.26% | SUE: -0.69 | # QB: 0
Revenue Correlation: -90.24 | Revenue CAGR: -11.99% | SUE: 0.07 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.19 | Chg30d=+0.000 | Revisions Net=-4 | Analysts=12
EPS next Year (2026-12-31): EPS=5.42 | Chg30d=-0.014 | Revisions Net=-12 | Growth EPS=+19.9% | Growth Revenue=+5.2%

Additional Sources for LSTR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle