Landstar System (LSTR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Landstar System

NasdaqGS•Industrials•Integrated Freight & Logistics

$169.14-3.64(-0.02%)Pre-market

Market Cap

$5.78B

P/E

43.9x

P/S

1.2x

P/B

6.9x

Landstar System, Inc. provides transportation management solutions in the United States, Canada, Mexico, and internationally. It operates in two segments, Transportation Logistics and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload, less-than-truckload and other truck transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, hazardous materials, cold chain/temperature-controlled, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage services, as well as transportation services to other transportation companies, such as third party logistics and less-than-truckload service providers. This segment serves the automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, military equipment and general commodities industries. The Insurance segment provides risk and claims management services; and reinsures risks of its independent contractors. The company markets its services through a network of agents, third party capacity providers, and employees. Landstar System, Inc. was founded in 1988 and is headquartered in Jacksonville, Florida.

How this company scores

GoodMetricSide Score: 63/100

Strongest: Balance Sheet & Red Flags (25/25); weakest: Growth (8/25).

Profitability13/25

Growth8/25

Balance Sheet & Red Flags25/25

Cash & Earnings Quality17/25

Strengths

High ROELow leverageInterest easily coveredCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 43.9x5y range 11.5x – 43.9x

Currently above its 20-quarter median.

P/S · 1.2x5y range 0.7x – 1.4x

Currently near its 20-quarter median.

P/B · 6.9x5y range 4.8x – 7.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 23.1% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Price & Volume

Market Cap $5.78B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $4.98B
Q. Revenue: $1.43B
TTM EBITDA: $218.32M
TTM Op. Income: $175.34M
Q. Op. Income: $66.23M
TTM Net Income: $131.70M
Q. Net Income: $48.95M
EPS: $1.44
Shares Out.: $33.94M

$4.98B in TTM revenue grew 4.1% YoY, reaching $1.43B last quarter. TTM EBITDA of $218.32M and TTM operating income of $175.34M show growth is flowing through to the bottom line. TTM net income of $131.70M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 21.6%
EBITDA Margin: 5.4%
Op. Margin: 4.6%
Net Margin: 3.4%

Op. margin of 4.6% is down 0.0% YoY — costs are rising relative to revenue. Net margin at 3.4% and gross margin of 21.6% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 43.9x
P/S Ratio: 1.2x
P/B Ratio: 6.9x

At 43.9x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.2x and P/B of 6.9x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Over the past year, P/E is up 51% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.74B
Cash: $294.35M
Long-Term Debt: $42.09M
Book Value: $836.73M
D/E Ratio: 0.1
Debt/EBITDA: 0.5

With $1.74B in assets and $42.09M in long-term debt, D/E is 0.1and book value is $836.73M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-50.40M
TTM Free Cash Flow: $175.65M
FCF Margin: 3.5%
FCF / Net Income: 1.3

TTM FCF of $175.65M on $-50.40M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 7% — a weakening trend.