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Companies / Industrials / Landstar System, Inc.
LSTR

Landstar System, Inc.

IndustrialsTransportation & Utilities
Ticker LSTRJACKSONVILLE, FLFiscal year ends DecemberBook value per share $24.62Diluted shares 34.0M

Landstar System, Inc. (Nasdaq: LSTR) is an asset-light transportation and logistics provider that arranges freight shipments through a network of independent sales agents, third-party capacity providers and employees. It serves shippers across North America and connects them with truck, rail, air and ocean… From the company’s description.

In fiscal 2025, Landstar System, Inc. reported revenue of $4.74B, down 1.6% from fiscal 2024, and net income of $115.01M. Its operating margin was 3.2%, and operations generated $224.88M in cash. Over the twelve months to Jun 27, 2026, revenue was $4.98B.

Fiscal year 2025 · ends 12-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-27
Sales & profitability
$4.74BFY2025
−1.6% year over year
Last 12 mo $4.98B
3.20%FY2025
−2 percentage points
Last 12 mo 3.52%
$115.01MFY2025
−41.3% year over year
Last 12 mo $131.70M
17.54%FY2025
−2.6 percentage points
Last 12 mo 15.74%
Cash & financing
$224.88MFY2025
−21.5% year over year
Last 12 mo $189.86M
$215.00MFY2025
−15.9% year over year
Last 12 mo $175.64M
0.17FY2025
Was 0.17× a year earlier
Last 12 mo 0.17
34.7MFY2025
−2.3% year over year
Last 12 mo 34.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Landstar System, Inc. does

In the company’s own words

Landstar System, Inc. (Nasdaq: LSTR) is an asset-light transportation and logistics provider that arranges freight shipments through a network of independent sales agents, third-party capacity providers and employees. It serves shippers across North America and connects them with truck, rail, air and ocean transportation, as well as expedited, heavy-haul, temperature-controlled, hazardous-materials, cross-border and customs brokerage services. Customers span industries including automotive, building products, chemicals, food, retail and defense, and include large shippers, third-party logistics providers and other transportation companies. Landstar reports two segments: transportation logistics, which provides freight and logistics services, and insurance, which manages claims and reinsures certain risks associated with its independent contractors; insurance represented about 1% of consolidated revenue in fiscal 2025. Truck transportation generated 91% of consolidated revenue in fiscal 2025. The company’s network included approximately 960 independent sales agents and more than 70,000 third-party capacity providers, and consolidated revenue was $4.7 billion in fiscal 2025. Its website is www.landstar.com.

Company details
Sector
Industrials
Industry (SIC)
Transportation & Utilities
Headquarters
JACKSONVILLE, FL
Fiscal year end
December
CIK
853816
SIC
4213

Financial performance, year by year

Fiscal 2013–2025 · USD
$-743.66M$1.49B$3.72B$5.95B$8.18B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Landstar System, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

437
funds hold it
0 of 35
superinvestors hold it
$2.99B
held by funds, at market
43.4%
of shares held by funds

Largest fund holders · Landstar System, Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.19%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
First Trust RBA American Industrial Renaissance ETF
AIRR · First Trust Exchange-Traded Fund VI
1.40%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.09%of fund net assets
Disciplined Value Mid Cap Fund
JVMAX · John Hancock Funds III
0.62%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Landstar System, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Landstar System, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Landstar System, Inc.'s last four quarterly filings that the numbers alone won't show?”
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