Landstar System, Inc. (LSTR) AI Stock Analysis

Landstar System, Inc. provides transportation management solutions across the United States, Canada, Mexico, and globally through two segments: Transportation Logistics and Insurance. The Transportation Logistics segment delivers truckload, less-than-truckload, rail intermodal, air cargo, and ocean cargo services. It specializes in expedited ground and air delivery for time-critical freight, heavy-haul, specialized transportation, and cross-border logistics. Landstar utilizes dry and specialty vans, unsided/platform trailers, temperature-controlled vans, and containers, partnering with North American railroads, airlines, and ocean carriers. Its Insurance segment reinsures certain risks associated with independent contractors.

Annual revenue peaked at $7.44B in FY2022 before contracting to $5.31B in FY2023, $4.83B in FY2024, and $4.74B in FY2025, reflecting a 5-year revenue CAGR of 2.8% from FY2020. Net income declined from $430.9M in FY2022 to $115.0M in FY2025, with operating margin compressing from 7.7% to 3.6% and gross margin narrowing to 13.1%. However, results showed recovery in the latest quarter ended June 30, 2026, where quarterly revenue grew 18.1% year-over-year and quarterly earnings rose 20.1%. For the trailing twelve months, revenue reached $5.00B with an operating margin of 4.6% and diluted EPS of $3.86.

As of June 30, 2026, Landstar held $347.7M in cash and short-term investments against $138.6M in total debt, yielding net cash of $209.1M. The company maintains solid liquidity with a current ratio of 1.82 and a debt-to-equity ratio of 0.17 on shareholders' equity of $836.7M. In FY2025, operating cash flow stood at $224.9M and free cash flow reached $215.0M after capital expenditures of $9.9M. Landstar returned capital to shareholders by spending $179.9M on share buybacks and $124.8M on dividends paid.

Landstar trades at a trailing P/E of 44.5x and a forward P/E of 22.5x, both above the median of its US-listed Industrials peers of 24.8x and 17.2x, respectively. Its enterprise value to EBITDA ratio is 22.9x, compared to 13.9x for the peer median. However, its price-to-sales multiple of 1.2x sits below the peer median of 1.5x, with a PEG ratio of 0.91. Over the past year, the stock returned 34.4%, outperforming the S&P 500 return of 16.8%, but its 5-year return of 16.9% lagged the S&P 500 gain of 83.0%.

Landstar pays a quarterly dividend with an annualized forward payout of $1.76, representing a dividend yield of 1.03% and a payout ratio of 70.9%. The company has paid consecutive dividends for 22 years, delivering a 5-year annualized dividend growth rate of 5.0%. Its last ex-dividend date was August 18, 2026.

Wall Street coverage consists of 4 Strong Buy, 12 Hold, and 2 Strong Sell ratings. The mean price target is $187.69, implying upside of 9.3% from the last close of $171.65 on October 16, 2026. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $5.58B and EPS of $5.93, representing 47.5% EPS growth. Landstar has beaten EPS estimates in 2 of the last 4 quarters, with its next earnings date scheduled for October 27, 2026.

This page is an AI-written research summary of Landstar System, Inc. (LSTR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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