OverviewSuggest Edit
Landstar System provides integrated transportation management solutions internationally. It operates through two segments, Transportation Logistics and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, including third party logistics and less-than-truckload service providers. The Insurance segment reinsures certain risks of the company's independent contractors.
| Type | Public | |
| Founded | 1988 | |
| HQ | Jacksonville, US | Map |
| Website | landstar.com | |
| Employee Ratings | More |
Recent NewsAll News
- Landstar System Reports Record Fourth Quarter Revenue of $1.182 Billion and All-Time Quarterly Record Diluted Earnings Per Share of $1.68
- Freight Broker Global Market 2018: Key Players – C.H. Robinson, Expeditors, Landstar System, TQL, Coyote Logistics
- Landstar System (LSTR) Q1 2018 Results - Earnings Call Transcript
- Landstar System, Inc. 2018 Q1 - Results - Earnings Call Slides
Landstar System Office Locations
Landstar System has offices in Jacksonville, Laredo and Markham
Jacksonville, US (HQ)
13410 Sutton Park Dr S
Laredo, US
601 Vidal Cantu Road
Markham, CA
113 7100 Woodbine Ave
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Landstar System Financials and Metrics
Landstar System Revenue
Landstar System's revenue was reported to be $4.62 b in FY, 2018
| USD | |
|---|---|
Revenue (FY, 2018) | 4.6b |
Net income (FY, 2018) | 255.2m |
EBIT (FY, 2018) | 331.7m |
Market capitalization (22-Mar-2019) | 4.2b |
Closing stock price (22-Mar-2019) | 105.7 |
Cash (29-Dec-2018) | 199.7m |
EV | 4.1b |
Landstar System's current market capitalization is $4.2 b.
- Source: SEC Filings
Annual
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|---|
Revenue | 2.7b | 3.2b | 3.3b | 3.2b | 3.6b | 4.6b |
Revenue growth, % | 20% | 4% | (5%) | 15% | ||
Cost of goods sold | 2.8b | |||||
Gross profit | 841.3m |
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 868.4m | 841.7m | 711.6m | 775.2m | 787.9m | 780.9m | 870.4m | 943.4m | 1.0b | 2.2b | 1.2b | |||||
General and administrative expense | 37.7m | 36.8m | 34.6m | 36.9m | 34.7m | 38.3m | 40.9m | 44.0m | 45.3m | 94.2m | 46.7m | |||||
Operating expense total | 802.7m | 778.1m | 664.1m | 722.5m | 729.8m | 729.0m | 810.0m | 883.6m | 973.6m | 2.1b | 1.1b | |||||
Depreciation and amortization | 11.0m | 21.8m | 10.8m |
- Source: SEC Filings
Annual
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 97.6m | 114.2m | 93.1m | 140.6m | 114.9m | 82.4m | 108.9m | 156.3m | 153.4m | 170.8m | 215.5m | 222.1m | 249.7m | 220.6m | 148.6m | 214.0m |
Current Assets | 623.1m | 658.0m | 673.2m | 662.4m | 640.7m | 656.9m | 655.3m | 636.8m | 656.5m | 668.8m | 749.0m | 793.5m | 877.9m | 928.7m | 928.2m | 999.1m |
Goodwill | 57.5m | 31.1m | 31.1m | 31.1m | 31.1m | 31.1m | 31.1m | 31.1m | 31.1m | 31.1m | 31.1m | 31.1m | 39.9m | 39.4m | 38.7m | 38.6m |
Total Assets | 950.9m | 944.1m | 962.5m | 980.2m | 947.6m | 946.9m | 953.0m | 957.5m | 984.8m | 1.0b | 1.1b | 1.2b | 1.3b | 1.3b | 1.3b | 1.4b |
Annual
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 86.5m | 27.6m | 63.6m | 100.3m | 30.0m | 70.5m | 109.8m | 29.2m | 61.5m | 97.8m | 32.4m | 69.9m | 112.3m | 57.5m | 120.0m | 186.9m |
Depreciation and Amortization | 7.0m | 7.2m | 8.4m | 8.7m | 9.0m | 9.9m | ||||||||||
Accounts Payable | 5.2m | 13.3m | 37.5m | 45.4m | (23.9m) | (3.3m) | (14.6m) | 8.8m | 53.3m | 20.2m | 22.1m | |||||
Cash From Operating Activities | 131.8m | 49.3m | 82.0m | 148.1m | 72.0m | 105.1m | 171.3m | 61.9m | 79.8m | 132.3m | 72.0m | 113.0m | 204.2m |
| USD | Y, 2018 |
|---|---|
EV/EBIT | 12.3 x |
EV/CFO | 13.7 x |
Financial Leverage | 2 x |
Landstar System Revenue Breakdown
Landstar System revenue breakdown by business segment: 98.7% from Transportation Logistics and 1.3% from Other
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Landstar System Online and Social Media Presence
1.64k Twitter followers
Landstar System has 1.64k Twitter Followers. The number of followers has increased 1.9% month over month and increased 6.5% quarter over quarter
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Twitter Engagement Stats for @LandstarSystem
2.3k
Tweets
335
Following
1.6k
Followers
22
Tweets last 30 days
2.5
Avg. likes per Tweet
95.5%
Tweets with engagement
Landstar System News and Updates
January 30, 2019
Landstar System Reports Record Fourth Quarter Revenue of $1.182 Billion and All-Time Quarterly Record Diluted Earnings Per Share of $1.68
JACKSONVILLE, Fla., Jan. 30, 2019 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) reported record fourth quarter revenue of $1.182 billion in the 2018 fourth quarter, a 12 percent increase over revenue of $1.052 billion reported in the 2017 fourth quarter. Gross profit (defined as revenue…
December 14, 2018
Freight Broker Global Market 2018: Key Players – C.H. Robinson, Expeditors, Landstar System, TQL, Coyote Logistics
Wiseguyreports.Com adds “Freight Broker Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday
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Landstar System Blogs
September 24, 2018
SkyCam Scores With Landstar
Tackling the logistical challenges associated with variable destinations and quick turn-around times called for some creative plays in transporting the SkyCam gear during the 2017-2018 football season.
September 21, 2018
Awarding the Star of Quality
Landstar’s Star of Quality Award is awarded to members of the Landstar family who have been recognized for going above and beyond the call of duty.
September 12, 2018
Monitoring and Preparing for Hurricanes
For all of our agents, business capacity owners, carriers and customers in the path of the storm, stay safe and take precautions. Everyone at Landstar is thinking of you.
September 10, 2018
Huey B: Moving Vietnam War History
Landstar Business Capacity Owner (BCO) Wayne Bennett hauled the 1962 Huey B model helicopter from Warsaw, New York, to the Northeast Alabama Regional Airport.
September 09, 2018
Thank You BCOs!
Each year during National Truck Driver Appreciation Week (NTDAW), industry professionals across America take time to honor the country’s 3.5 million professional truck drivers.
September 05, 2018
Who Will be the Next Truck Giveaway Winner?
Landstar is giving away a big rig to one of its 10,000 independent owner-operators (business capacity owners or BCOs). The annual Deliver to Win Truck Giveaway powered by Comdata, will happen Wednesday, Sept. 12.
Landstar System Frequently Asked Questions
When was Landstar System founded?
Landstar System was founded in 1988.
How many employees does Landstar System have?
Landstar System has 1,273 employees.
What is Landstar System revenue?
Latest Landstar System annual revenue is $4.6 b.
What is Landstar System revenue per employee?
Latest Landstar System revenue per employee is $3.6 m.
Who are Landstar System competitors?
Competitors of Landstar System include Marten Transport, Knight Transportation and GlobalTranz.
Where is Landstar System headquarters?
Landstar System headquarters is located at 13410 Sutton Park Dr S, Jacksonville.
Where are Landstar System offices?
Landstar System has offices in Jacksonville, Laredo and Markham.
How many offices does Landstar System have?
Landstar System has 3 offices.