Landstar System, Inc. (LSTR) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Integrated Freight & Logistics
EV/EBITDA
↑
31.33
↑+98% vs avg
5yr avg: 15.84
30Y Low5.4·High22.2
P/FCF
↓
32.77
↑+60% vs avg
5yr avg: 20.54
30Y Low5.5·High52.5
P/B Ratio
↓
9.05
↑+32% vs avg
5yr avg: 6.84
30Y Low2.0·High12.9
ROE
↓
13.0%
↑-59% vs avg
5yr avg: 31.9%
30Y Low9%·High53%
Debt/EBITDA
↑
0.62
↑+23% vs avg
5yr avg: 0.50
30Y Low0.3·High1.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
LSTR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Landstar System, Inc. trades at 62.7x earnings, 135% above its 5-year average of 26.6x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a premium of 145%. On a free-cash-flow basis, the stock trades at 32.8x P/FCF, 60% above the 5-year average of 20.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.0B | $5.1B | $6.2B | $7.0B | $6.0B | $6.6B | $5.2B | $4.5B | $4.0B | $4.4B | $3.6B |
| Enterprise Value | $6.8B | $4.8B | $5.8B | $6.6B | $5.9B | $6.7B | $5.2B | $4.4B | $3.9B | $4.3B | $3.6B |
| P/E Ratio → | 62.66 | 44.11 | 31.64 | 26.31 | 13.85 | 17.26 | 27.18 | 19.91 | 15.48 | 24.73 | 26.25 |
| P/S Ratio | 1.49 | 1.07 | 1.28 | 1.31 | 0.80 | 1.01 | 1.26 | 1.11 | 0.86 | 1.20 | 1.14 |
| P/B Ratio | 9.05 | 6.37 | 6.37 | 7.07 | 6.73 | 7.64 | 7.55 | 6.28 | 5.73 | 6.69 | 6.64 |
| P/FCF | 32.77 | 23.58 | 24.24 | 18.90 | 10.00 | 25.98 | 29.01 | 15.71 | 13.72 | 35.46 | 21.50 |
| P/OCF | 31.33 | 22.54 | 21.62 | 17.67 | 9.58 | 23.80 | 24.80 | 14.72 | 13.27 | 31.48 | 18.94 |
P/E links to full P/E history page with 30-year chart
LSTR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Landstar System, Inc.'s enterprise value stands at 31.3x EBITDA, 98% above its 5-year average of 15.8x. The Industrials sector median is 13.9x, placing the stock at a 126% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.01 | 1.21 | 1.24 | 0.80 | 1.02 | 1.25 | 1.07 | 0.85 | 1.18 | 1.14 |
| EV / EBITDA | 31.33 | 22.20 | 19.12 | 16.42 | 9.43 | 12.02 | 17.24 | 12.76 | 10.49 | 15.11 | 13.89 |
| EV / EBIT | 39.88 | 31.71 | 23.63 | 19.46 | 10.43 | 13.25 | 18.33 | 14.70 | 11.90 | 17.68 | 16.37 |
| EV / FCF | — | 22.35 | 22.86 | 17.96 | 9.93 | 26.33 | 28.60 | 15.19 | 13.66 | 34.85 | 21.47 |
LSTR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Landstar System, Inc. earns an operating margin of 3.6%, roughly in line with the Industrials sector average. Operating margins have compressed from 6.5% to 3.6% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 13.0% is modest. ROIC of 22.1% represents excellent returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 13.1% | 13.1% | 20.2% | 21.3% | 20.3% | 20.2% | 20.7% | 21.6% | 21.1% | 21.4% | 22.0% |
| Operating Margin | 3.6% | 3.6% | 5.1% | 6.5% | 7.7% | 7.7% | 6.1% | 7.3% | 7.2% | 6.7% | 7.0% |
| Net Profit Margin | 2.4% | 2.4% | 4.1% | 5.0% | 5.8% | 5.8% | 4.6% | 5.6% | 5.5% | 4.9% | 4.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.0% | 13.0% | 20.0% | 28.3% | 49.3% | 49.1% | 27.2% | 32.3% | 38.0% | 29.6% | 27.2% |
| ROA | 6.7% | 6.7% | 10.8% | 14.2% | 21.7% | 20.6% | 12.5% | 16.2% | 18.7% | 14.5% | 13.1% |
| ROIC | 22.1% | 22.1% | 29.7% | 34.8% | 47.7% | 48.4% | 31.9% | 36.0% | 39.7% | 32.8% | 31.9% |
| ROCE | 16.4% | 16.4% | 22.0% | 31.6% | 54.7% | 53.7% | 29.4% | 34.8% | 40.2% | 32.1% | 33.2% |
LSTR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Landstar System, Inc. carries a Debt/EBITDA ratio of 0.6x, which is very conservative (81% below the sector average of 3.2x). The company holds a net cash position — cash of $397M exceeds total debt of $133M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 152.2x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.17 | 0.17 | 0.17 | 0.13 | 0.34 | 0.35 | 0.25 | 0.23 | 0.27 | 0.26 | 0.32 |
| Debt / EBITDA | 0.62 | 0.62 | 0.53 | 0.33 | 0.48 | 0.55 | 0.59 | 0.49 | 0.49 | 0.59 | 0.67 |
| Net Debt / Equity | — | -0.33 | -0.36 | -0.35 | -0.04 | 0.10 | -0.11 | -0.21 | -0.02 | -0.11 | -0.01 |
| Net Debt / EBITDA | -1.22 | -1.22 | -1.15 | -0.87 | -0.06 | 0.16 | -0.25 | -0.44 | -0.04 | -0.26 | -0.02 |
| Debt / FCF | — | -1.22 | -1.38 | -0.95 | -0.07 | 0.35 | -0.41 | -0.52 | -0.06 | -0.61 | -0.03 |
| Interest Coverage | 152.19 | 152.19 | — | — | 156.94 | 126.72 | 71.10 | 94.84 | 98.62 | 76.81 | 57.93 |
Net cash position: cash ($397M) exceeds total debt ($133M)
LSTR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.75x means Landstar System, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.00x to 1.75x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.75 | 1.75 | 1.96 | 2.00 | 1.64 | 1.51 | 1.50 | 1.80 | 1.81 | 1.75 | 1.94 |
| Quick Ratio | 1.75 | 1.75 | 1.96 | 2.00 | 1.64 | 1.51 | 1.50 | 1.80 | 1.81 | 1.75 | 1.94 |
| Cash Ratio | 0.65 | 0.65 | 0.84 | 0.80 | 0.45 | 0.25 | 0.36 | 0.64 | 0.45 | 0.53 | 0.65 |
| Asset Turnover | — | 2.90 | 2.67 | 2.95 | 3.85 | 3.20 | 2.50 | 2.86 | 3.35 | 2.70 | 2.89 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 55.62 | 55.19 | 54.07 | 50.24 | 70.06 | 79.32 | 55.70 | 56.53 | 65.57 | 55.48 |
LSTR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Landstar System, Inc. returns 4.3% to shareholders annually — split between a 1.7% dividend yield and 2.6% buyback yield. The payout ratio exceeds 100% at 108.5%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 1.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.7% | 2.5% | 1.9% | 1.7% | 1.9% | 1.7% | 2.1% | 0.6% | 2.2% | 0.4% | 0.4% |
| Payout Ratio | 108.5% | 108.5% | 61.5% | 44.3% | 26.8% | 29.3% | 57.0% | 12.2% | 34.8% | 9.0% | 10.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.6% | 2.3% | 3.2% | 3.8% | 7.2% | 5.8% | 3.7% | 5.0% | 6.5% | 4.0% | 3.8% |
| FCF Yield | 3.1% | 4.2% | 4.1% | 5.3% | 10.0% | 3.8% | 3.4% | 6.4% | 7.3% | 2.8% | 4.7% |
| Buyback Yield | 2.6% | 3.5% | 1.3% | 0.8% | 4.8% | 1.9% | 2.2% | 2.0% | 5.3% | 1.2% | 1.4% |
| Total Shareholder Yield | 4.3% | 6.0% | 3.3% | 2.5% | 6.7% | 3.6% | 4.3% | 2.6% | 7.5% | 1.5% | 1.8% |
| Shares Outstanding | — | $35M | $36M | $36M | $37M | $38M | $39M | $40M | $41M | $42M | $42M |
Peer Comparison
Compare LSTR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 LSTRYou | $7B | 62.7 | 31.3 | 32.8 | 13.1% | 3.6% | 13.0% | 22.1% | 0.6 |
 CHRW | $22B | 38.3 | 26.1 | 24.5 | 8.4% | 4.9% | 32.9% | 18.0% | 1.8 |
 FWRD | $431M | -3.9 | 13.1 | 28.2 | 20.5% | 1.5% | -48.2% | 1.2% | 11.4 |
 HUBG | $3B | 26.1 | 9.3 | 18.7 | 85.4% | 3.6% | 6.3% | 5.1% | 1.5 |
 XPO | $23B | 75.6 | 22.3 | 71.2 | 12.0% | 8.9% | 18.3% | 9.3% | 3.8 |
 ODFL | $46B | 45.8 | 26.7 | 48.2 | 32.2% | 24.8% | 23.9% | 23.6% | 0.1 |
 SAIA | $12B | 45.7 | 20.0 | 424.5 | 23.7% | 10.9% | 10.4% | 9.4% | 0.7 |
 ARCB | $3B | 55.2 | 14.5 | 28.2 | 2.3% | 2.3% | 4.6% | 3.9% | 2.6 |
 TFII | $12B | 28.0 | 9.5 | 12.1 | 12.2% | 6.9% | 16.2% | 9.7% | 2.3 |
 GXO | $6B | 173.7 | 14.3 | 9999.0 | 11.6% | 3.2% | 1.1% | 3.6% | 9.0 |
 UBER | $148B | 15.1 | 24.4 | 15.2 | 39.8% | 10.7% | 39.8% | 13.6% | 2.1 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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LSTR — Frequently Asked Questions
Quick answers to the most common questions about buying LSTR stock.
What is Landstar System, Inc.'s P/E ratio?
Landstar System, Inc.'s current P/E ratio is 62.7x. The historical average is 21.9x. This places it at the 100th percentile of its historical range.
What is Landstar System, Inc.'s EV/EBITDA?
Landstar System, Inc.'s current EV/EBITDA is 31.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.0x.
What is Landstar System, Inc.'s ROE?
Landstar System, Inc.'s return on equity (ROE) is 13.0%. The historical average is 34.1%.
Is LSTR stock overvalued?
Based on historical data, Landstar System, Inc. is trading at a P/E of 62.7x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Landstar System, Inc.'s dividend yield?
Landstar System, Inc.'s current dividend yield is 1.73% with a payout ratio of 108.5%.
What are Landstar System, Inc.'s profit margins?
Landstar System, Inc. has 13.1% gross margin and 3.6% operating margin.
How much debt does Landstar System, Inc. have?
Landstar System, Inc.'s Debt/EBITDA ratio is 0.6x, indicating low leverage. A ratio below 2x is generally considered financially healthy.