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Landstar System, Inc. (LSTR)

NEUTRAL
IndustrialsIntegrated Freight & LogisticsUnited States

Fundamental

62

Price

$180.11

Market Cap

$6.17B

Part 1 · What the company is worth

Overview

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.

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Direct competitors

Who this company fights with for the same customers

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Balance Sheet & Liquidity

Revenue

$4.76B

Trailing 12 months (through 3/28/2026)

Net Income

$125M

Trailing 12 months (through 3/28/2026)

Free Cash Flow

$215M

Total Equity

$796M

Total Liabilities

$840M

Current Ratio

1.88

Interest Coverage

30.78

Debt/EBITDA

0.35

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$158.78

Current Price

$180.11

Margin of Safety

-13.4%

Fair Value Range

$103.21 - $214.35

Estimation Methods

Analyst price target:$196.38
Discounted cash flow (DCF):$253.69
Earnings multiple (P/E):$95.50
Graham growth formula:$28.87
Earnings power value (EPV):$43.39
Justified P/B:$39.41
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:Not enough data to compute it
Mid-cycle earnings:$213.08
Revenue multiple:Not enough data to compute it
Analyst Consensus:Hold (8B / 14H / 2S)
Last Earnings Surprise:-4.60%

Valuation Metrics

P/E Ratio

49.70

ROE

14.5%

P/B Ratio

7.64

P/FCF

26.13

Gross Margin

-

ROIC

13.5%

Profitability Radar

Value Creation (Economic Moat)

ROIC

13.5%

WACC

9.4%

ROIC − WACC

+4.1 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (16)

  • EPS shows upward trend
  • Price CAGR 8.14%
  • ROIC 13.4%
  • P/FCF 26.13
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 15.9%
  • Earnings Quality (OCF/NI) 1.98
  • Share Dilution -2.3%
  • Piotroski F-Score 5/9

Failed (9)

  • EPS CAGR 2.71%
  • P/B Ratio 7.64
  • Operating Margin 3.5%
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Revenue Growth 5Y 2.8%
  • Analyst Consensus 33% Buy
  • Earnings Surprise avg -11.9%
  • Net Margin Trend 2.6% vs 3.7%

Unavailable (3)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

5/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

1.98

High quality: earnings backed by cash

Share Dilution

-2.3%

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Mr. Frank A. LonegroPresident, CEO & Director56
Mr. James P. ToddVP, Principal Accounting Officer & CFO37
Mr. Matthew MillerVP and Chief Safety & Operations Officer-
Mr. Ricardo S. CoroVP & Chief Information Officer60
Ms. Terri M. LewisVP & Chief Human Resources Officer54
Mr. James M. ApplegateChief Strategy & Transformation Officer53
Mr. Matthew M. DanneggerVP & Chief Field Sales Officer55
Ms. Cory SeayVice President of Corporate Services & Chief of Staff-
Mr. William ClementVice President & Chief Commercial Officer-

Audit Risk

4

Board Risk

2

Compensation Risk

3

Shareholder Rights Risk

4

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for LSTR, sourced from Markets Gazette.

No recent news for LSTR.