Tearsheet

Landstar System (LSTR)


Market Price (6/15/2026): $224.17 | Market Cap: $7.6 BilSector: Industrials | Industry: Cargo Ground Transportation

Landstar System (LSTR)


Market Price (6/15/2026): $224.17
Market Cap: $7.6 Bil
Sector: Industrials
Industry: Cargo Ground Transportation

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Low stock price volatility
Vol 12M is 35%

Megatrend and thematic drivers
Megatrends include Future of Freight, and E-commerce & DTC Adoption. Themes include Freight Technology, and Supply Chain Digitization.

Trading close to highs
Dist 52W High is -0.5%, Dist 3Y High is -0.5%

Weak multi-year price returns
2Y Excs Rtn is -8.7%, 3Y Excs Rtn is -47%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 41x, P/EPrice/Earnings or Price/(Net Income) is 61x

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 55%

Key risks
LSTR key risks include [1] financial and reputational damage from a significant supply chain fraud incident highlighting weak internal controls and [2] substantial cost and operational threats to its independent contractor model from zero-emission vehicle regulations.

0 Low stock price volatility
Vol 12M is 35%
1 Megatrend and thematic drivers
Megatrends include Future of Freight, and E-commerce & DTC Adoption. Themes include Freight Technology, and Supply Chain Digitization.
2 Trading close to highs
Dist 52W High is -0.5%, Dist 3Y High is -0.5%
3 Weak multi-year price returns
2Y Excs Rtn is -8.7%, 3Y Excs Rtn is -47%
4 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 41x, P/EPrice/Earnings or Price/(Net Income) is 61x
5 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%
6 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 55%
7 Key risks
LSTR key risks include [1] financial and reputational damage from a significant supply chain fraud incident highlighting weak internal controls and [2] substantial cost and operational threats to its independent contractor model from zero-emission vehicle regulations.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/8/2026

Landstar System (LSTR) stock has gained about 40% since 2/28/2026 because of the following key factors:

1. Landstar System reported strong fiscal Q1 2026 financial results that surpassed analyst expectations.

The company announced its fiscal Q1 2026 earnings on April 28, 2026, with an Earnings Per Share (EPS) of $1.16, exceeding the consensus estimate of $1.11 by $0.05. Total revenue for the quarter reached $1.17 billion, slightly above the anticipated $1.16 billion. Net income increased to $39.4 million, or $1.16 per share, a 36% increase compared to $29.8 million, or $0.85 per share, in fiscal Q1 2025. This improved performance was driven by a 6% increase in truck revenue per load and a 7% rise in variable contribution year-over-year, the first such increase since fiscal Q3 2022. Landstar also saw its gross profit margin improve to 9.6% from 8.5% in the prior year, partly due to lower insurance and claims costs.

2. Analysts responded with positive revisions and increased price targets following the solid earnings report.

Several financial institutions upgraded their outlook for Landstar System. Wells Fargo raised its price target from $170.00 to $200.00 and maintained an "overweight" rating on April 29, 2026. Additionally, Zacks Research increased its fiscal Q2 2026 EPS estimate for Landstar System to $1.36 from $1.31 on May 12, 2026, and projected continued earnings growth into fiscal years 2027 and 2028. Stifel also boosted its price target to $175 from $147 after the fiscal Q1 results, indicating confidence in the company's yield performance. More broadly, 14 analysts revised their earnings estimates upwards for the upcoming period.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The 37.9% change in LSTR stock from 2/28/2026 to 6/14/2026 was primarily driven by a 26.6% change in the company's P/E Multiple.
(LTM values as of)22820266142026Change
Stock Price ($)162.59224.2737.9%
Change Contribution By: 
Total Revenues ($ Mil)4,7444,7630.4%
Net Income Margin (%)2.4%2.6%7.9%
P/E Multiple48.461.226.6%
Shares Outstanding (Mil)34340.6%
Cumulative Contribution37.9%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/14/2026
ReturnCorrelation
LSTR37.9% 
Market (SPY)8.4%27.4%
Sector (XLI)-0.3%35.2%

Fundamental Drivers

The 74.6% change in LSTR stock from 11/30/2025 to 6/14/2026 was primarily driven by a 89.1% change in the company's P/E Multiple.
(LTM values as of)113020256142026Change
Stock Price ($)128.46224.2774.6%
Change Contribution By: 
Total Revenues ($ Mil)4,7794,763-0.3%
Net Income Margin (%)2.9%2.6%-8.9%
P/E Multiple32.461.289.1%
Shares Outstanding (Mil)35341.6%
Cumulative Contribution74.6%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/14/2026
ReturnCorrelation
LSTR74.6% 
Market (SPY)9.2%29.2%
Sector (XLI)15.3%36.2%

Fundamental Drivers

The 68.0% change in LSTR stock from 5/31/2025 to 6/14/2026 was primarily driven by a 132.7% change in the company's P/E Multiple.
(LTM values as of)53120256142026Change
Stock Price ($)133.49224.2768.0%
Change Contribution By: 
Total Revenues ($ Mil)4,8014,763-0.8%
Net Income Margin (%)3.7%2.6%-29.7%
P/E Multiple26.361.2132.7%
Shares Outstanding (Mil)35343.5%
Cumulative Contribution68.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/14/2026
ReturnCorrelation
LSTR68.0% 
Market (SPY)27.3%31.9%
Sector (XLI)25.0%40.3%

Fundamental Drivers

The 36.2% change in LSTR stock from 5/31/2023 to 6/14/2026 was primarily driven by a 297.0% change in the company's P/E Multiple.
(LTM values as of)53120236142026Change
Stock Price ($)164.66224.2736.2%
Change Contribution By: 
Total Revenues ($ Mil)6,9024,763-31.0%
Net Income Margin (%)5.6%2.6%-53.0%
P/E Multiple15.461.2297.0%
Shares Outstanding (Mil)36345.8%
Cumulative Contribution36.2%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/14/2026
ReturnCorrelation
LSTR36.2% 
Market (SPY)84.5%41.1%
Sector (XLI)90.2%52.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
LSTR Return36%-7%21%-10%-14%60%88%
Peers Return132%-16%37%-0%9%50%337%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
LSTR Win Rate58%33%50%58%42%83% 
Peers Win Rate72%38%52%55%60%70% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
LSTR Max Drawdown-17%-22%-21%-16%-32%-16% 
Peers Max Drawdown-23%-37%-28%-31%-38%-32% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: KNX, SAIA, R, SNDR, CAR. See LSTR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/12/2026 (YTD)

How Low Can It Go

EventLSTRS&P 500
2025 US Tariff Shock
  % Loss-16.9%-18.8%
  % Gain to Breakeven20.4%23.1%
  Time to Breakeven276 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-19.8%-9.5%
  % Gain to Breakeven24.6%10.5%
  Time to Breakeven937 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-21.1%-24.5%
  % Gain to Breakeven26.8%32.4%
  Time to Breakeven207 days427 days
2020 COVID-19 Crash
  % Loss-22.2%-33.7%
  % Gain to Breakeven28.6%50.9%
  Time to Breakeven58 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.1%-19.2%
  % Gain to Breakeven30.1%23.8%
  Time to Breakeven305 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-21.0%-12.2%
  % Gain to Breakeven26.6%13.9%
  Time to Breakeven170 days62 days

Compare to KNX, R, CAR, SNDR, WERN

In The Past

Landstar System's stock fell -16.9% during the 2025 US Tariff Shock. Such a loss loss requires a 20.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventLSTRS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-21.1%-24.5%
  % Gain to Breakeven26.8%32.4%
  Time to Breakeven207 days427 days
2020 COVID-19 Crash
  % Loss-22.2%-33.7%
  % Gain to Breakeven28.6%50.9%
  Time to Breakeven58 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.1%-19.2%
  % Gain to Breakeven30.1%23.8%
  Time to Breakeven305 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-21.0%-12.2%
  % Gain to Breakeven26.6%13.9%
  Time to Breakeven170 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-21.9%-17.9%
  % Gain to Breakeven28.1%21.8%
  Time to Breakeven123 days123 days
2008-2009 Global Financial Crisis
  % Loss-34.6%-53.4%
  % Gain to Breakeven53.0%114.4%
  Time to Breakeven379 days1085 days

Compare to KNX, R, CAR, SNDR, WERN

In The Past

Landstar System's stock fell -16.9% during the 2025 US Tariff Shock. Such a loss loss requires a 20.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Landstar System (LSTR)

Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The company 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, such as third party logistics, small package and less-than-truckload service providers. It provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. This segment serves the automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment reinsures certain risks of the company's independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

AI Analysis | Feedback

Here are a few analogies to describe Landstar System:

  • Uber for freight: Landstar connects businesses needing to ship goods with a vast network of independent truck drivers and capacity providers, much like Uber connects riders with drivers.

  • Expedia for business logistics: Landstar acts as a comprehensive broker for businesses, arranging diverse transportation solutions—from truck and rail to air and ocean cargo—by leveraging various third-party carriers, similar to how Expedia helps travelers find and book different travel options.

AI Analysis | Feedback

```html
  • Full Truckload (FTL) and Less-than-Truckload (LTL) Services: Provides ground transportation for both full trailer loads and smaller shipments.
  • Rail Intermodal Services: Combines rail transport with other modes like truck for efficient freight movement.
  • Air Cargo Services: Offers domestic and international shipping of goods via air carriers.
  • Ocean Cargo Services: Facilitates the shipment of freight across oceans using various shipping lines.
  • Expedited Delivery Services: Provides rapid ground and air transport for time-sensitive and critical freight.
  • Heavy-Haul/Specialized Transportation: Handles the movement of oversized, overweight, or unique cargo requiring specialized equipment.
  • Cross-Border & Intra-Country Transportation: Manages freight movement between the U.S., Canada, and Mexico, as well as within Canada and Mexico.
  • Project Cargo Services: Offers comprehensive logistics solutions for large-scale, complex, or high-value projects.
  • Customs Brokerage Services: Assists clients with the necessary documentation and processes for international customs clearance.
  • Third-Party Logistics (3PL) Services: Provides transportation solutions and capacity to other logistics and small package service providers.
  • Contractor Reinsurance: Reinsures specific risks associated with the company's network of independent contractors.
```

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

```html

Frank Lonegro President and Chief Executive Officer

Frank Lonegro assumed the role of President and Chief Executive Officer of Landstar in 2024. [10] Prior to joining Landstar, he served as Executive Vice President and Chief Financial Officer at Beacon Building Products. [9, 10] He also spent nearly two decades at CSX Corporation, a Fortune 500 rail and intermodal transportation company, where his leadership roles included Executive Vice President and Chief Financial Officer from 2015 to 2019, President of CSX Technology, Vice President of Service Design, and Vice President of Mechanical. [5, 9, 10] Earlier in his career, Lonegro worked in private and in-house counsel roles. [10]

Jim Todd Vice President and Chief Financial Officer

Jim Todd serves as Vice President and Chief Financial Officer of Landstar. [11] He is responsible for the company's financial, transportation, administrative, and accounting operations, overseeing the accounting, finance, tax, treasury, and credit functions. [11] Todd joined Landstar in 2013 and has held several finance leadership positions within the company. [11, 16] Before his tenure at Landstar, he spent three years in KPMG LLP's audit division, where he served as an independent auditor for the Landstar account. [11]

Joe Beacom President, Landstar System Holdings, Inc.

Joe Beacom was named President of Landstar System Holdings, Inc., effective December 1, 2024. [1, 3] He brings three decades of extensive leadership experience at Landstar. [1, 3] Beacom is set to transition to a Special Advisor to the CEO role at the end of 2025, ahead of his anticipated retirement in the first quarter of 2026. [1, 3] He previously held the position of Vice President and Chief Safety and Operations Officer. [1]

Matt Miller Vice President and Chief Safety and Operations Officer

Matt Miller was appointed Vice President and Chief Safety and Operations Officer, effective December 1, 2024. [1, 3] In this expanded role, he holds enterprise responsibility for all operational matters related to Landstar's capacity network of truck owner-operators and third-party truck brokerage carriers. [1] His responsibilities also continue to include safety, compliance, trailer maintenance and utilization, and operations solutions. [1] Miller has a 15-year career at Landstar, during which he has held roles of increasing responsibility in safety, operations, finance, and risk management. [1]

```

AI Analysis | Feedback

```html

Landstar System (LSTR) faces several key risks inherent to its business model and the transportation logistics industry:

  1. Dependence on Third-Party Capacity and Market Fluctuations: Landstar operates an asset-light model, relying heavily on a network of independent owner-operators and third-party capacity providers for its transportation services. This dependence exposes the company to risks associated with the availability and cost of qualified drivers and equipment. A persistent shortage of truck drivers, increased competition for capacity, or significant increases in operating costs for carriers (such as fuel, maintenance, or regulatory compliance) could limit Landstar's ability to secure necessary capacity, increase its costs, impact service levels, and ultimately compress profit margins.

  2. Economic Sensitivity and Freight Volume Volatility: As a transportation logistics provider, Landstar's business performance is directly tied to the overall health of the economy, industrial production levels, and consumer spending. Economic slowdowns, recessions, or significant disruptions to supply chains can lead to reduced freight volumes, lower demand for transportation services, and increased pricing pressure. Such conditions would negatively impact Landstar's revenue and profitability across its various transportation services, including truckload, less-than-truckload, rail, air, and ocean cargo.

  3. Insurance Segment Underwriting Risk: Landstar's Insurance segment reinsures certain risks of the company's independent contractors. This exposes Landstar to underwriting risks, meaning the potential for losses if claims from its contractor network (e.g., related to accidents, cargo damage, or other insurable events) exceed the premiums collected. Unfavorable claims development, changes in accident frequency or severity, or unexpected liabilities could negatively impact the financial results of this segment.

```

AI Analysis | Feedback

Digital freight brokerages and AI-powered logistics platforms that leverage technology to automate and optimize freight matching, offering increased transparency, efficiency, and potentially lower costs to shippers and carriers. This directly threatens Landstar's traditional agent-based model for finding and managing capacity, as well as its ability to compete on price and speed if these platforms gain significant traction and offer a superior user experience or network effects by directly connecting shippers with capacity providers.

Autonomous trucking technology, which could fundamentally alter the trucking industry by changing the cost structure, labor requirements, and source of capacity. As Landstar heavily relies on a network of independent human owner-operators, the widespread adoption of autonomous trucks could diminish demand for human-driven contractors, challenging Landstar's entire capacity acquisition model, its insurance segment, and potentially leading to new, vertically integrated logistics players who own and operate autonomous fleets.

AI Analysis | Feedback

Landstar System, Inc. (LSTR) operates in several large addressable markets for its transportation and logistics services:

  • Third-Party Logistics (3PL): The global third-party logistics market was valued at approximately USD 1.29 trillion in 2025. In North America, this market was estimated at USD 454.8 billion in 2025.
  • Truckload Transportation (Full Truckload - FTL): The United States Full-Truck-Load (FTL) market size is estimated at USD 448.6 billion in 2025.
  • Less-Than-Truckload (LTL) Transportation: The global less-than-truckload market size was valued at USD 220.76 billion in 2025. For North America, the less-than-truckload market generated a revenue of USD 84,628.9 million (approximately USD 84.6 billion) in 2024.
  • Rail Intermodal: The global Intermodal Freight Transportation market was valued at USD 68.97 billion in 2025. North America dominates the global intermodal transport market.
  • Air Cargo: The global Air Cargo Market size was approximately USD 186.2 billion in 2025. The North America Air Cargo Market held a major market share of more than 40% of the global revenue, with a market size of approximately USD 74.5 billion in 2025.
  • Ocean Cargo (Maritime Freight Transport): The global maritime freight transport market size was valued at USD 371.9 billion in 2023. The global ocean freight forwarding market is projected to exceed USD 108.8 billion by 2032.

AI Analysis | Feedback

Landstar System (LSTR) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

  1. Continued Growth in Heavy-Haul and Specialized Freight: Landstar has demonstrated significant strength in its heavy-haul segment, with revenue increasing 23% year-over-year in the fourth quarter of 2025, driven by a 16% rise in revenue per load and a 7% increase in volume. This segment, which includes unsided/platform equipment, accounted for approximately 42% of unsided revenue in Q4 2025, up from 34% in the prior year, indicating a shift towards higher-value, specialized freight. The company recorded a record $569 million in heavy-haul revenue for fiscal year 2025, a 14% increase over 2024. Management expects specialized services to outpace general freight growth.
  2. Expansion of U.S.-Mexico Cross-Border Operations: Landstar is strategically focusing on expanding its U.S.-Mexico cross-border operations, which, along with heavy-haul, comprise about 20% of its business. The company aims for double-digit cross-border load growth through 2026, leveraging its Laredo presence and agent network.
  3. Investments in Technology and AI for Operational Efficiency and Agent Empowerment: Landstar is prioritizing technology investments, dedicating approximately 50% of its IT capital expenditures budget for 2026 to AI enablement and solutions. These investments are intended to empower agents and business capacity owners (BCOs) and enhance overall operational efficiency. The company also plans to embed Transportation Management System (TMS) and visibility integrations to expand enterprise contracts and shorten sales cycles.
  4. Improved Business Capacity Owner (BCO) Retention and Recruitment: Improvements in BCO retention rates and carrier recruitment are expected to stabilize the operational environment, contributing to sustained profitability and growth. Landstar has reduced the time it takes to become a BCO while maintaining qualification standards and plans to implement a redesigned BCO onboarding and training program.
  5. Recovery in Overall Freight Market Volumes and Specialized Price-Mix Improvement: Analysts and management anticipate modest revenue growth as freight volumes recover and the specialized price-mix improves over the medium term. While the company has faced lower truckload trends recently, the consensus points to a gradual recovery into 2025-2026.

AI Analysis | Feedback

Share Repurchases

  • In fiscal year 2025, Landstar repurchased 1,281,863 shares of its Common Stock at a total cost of $180.9 million.
  • Annual share repurchases were $81.4 million in 2024.
  • Annual share repurchases were $53.919 million in 2023.

Share Issuance

  • Share issuance has been minimal, with common stock issued amounting to $0.03 million in 2023, $0.07 million in 2022, and $0.16 million in 2021.

Outbound Investments

  • No significant strategic outbound investments in other companies or acquisitions were identified in the last 3-5 years, with "Payments for Business Acquisitions" recorded as '-' for fiscal years 2021 through 2025.
  • Landstar plans to market its Mexican subsidiary, Landstar Metro, for sale in fiscal year 2026.

Capital Expenditures

  • Capital expenditures were approximately $31 million in 2024, $25.69 million in 2023, and $26.01 million in 2022.
  • For fiscal year 2026, Landstar anticipates acquiring approximately $104 million in new trailing equipment and investing $12 million in information technology.
  • Since 2016, the company has invested approximately $220 million in digital transformation, focusing on technology and AI.

Better Bets vs. Landstar System (LSTR)

Latest Trefis Analyses

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

LSTRKNXSAIARSNDRCARMedian
NameLandstar.Knight-S.Saia Ryder Sy.Schneide.Avis Bud. 
Mkt Price224.2781.54482.87280.3338.44187.12205.69
Mkt Cap7.613.212.911.06.76.69.3
Rev LTM4,7637,4963,25312,6865,67111,8586,583
Op Inc LTM1852773491,086160552313
FCF LTM234496195478260-11,867247
FCF 3Y Avg259153-71-17473-10,0451
CFO LTM2471,3006262,5266393,111969
CFO 3Y Avg2811,0085922,4396383,419823

Growth & Margins

LSTRKNXSAIARSNDRCARMedian
NameLandstar.Knight-S.Saia Ryder Sy.Schneide.Avis Bud. 
Rev Chg LTM-0.8%1.1%0.3%-0.4%5.5%5.8%0.7%
Rev Chg 3Y Avg-10.8%1.2%5.3%0.5%-3.6%-3.0%-1.3%
Rev Chg Q1.6%1.4%2.4%-0.1%-0.2%21.2%1.5%
QoQ Delta Rev Chg LTM0.4%0.3%0.6%-0.0%-0.1%3.9%0.4%
Op Inc Chg LTM-13.5%-9.0%-19.7%-2.1%-10.3%341.0%-9.7%
Op Inc Chg 3Y Avg-27.5%-15.7%-8.8%-5.9%-29.7%58.3%-12.2%
Op Mgn LTM3.9%3.7%10.7%8.6%2.8%4.7%4.3%
Op Mgn 3Y Avg4.7%3.6%13.4%8.7%3.4%5.5%5.1%
QoQ Delta Op Mgn LTM0.3%-0.5%-0.2%-0.2%-0.2%3.0%-0.2%
CFO/Rev LTM5.2%17.3%19.2%19.9%11.3%26.2%18.3%
CFO/Rev 3Y Avg5.8%13.6%18.8%19.5%11.7%29.0%16.2%
FCF/Rev LTM4.9%6.6%6.0%3.8%4.6%-100.1%4.7%
FCF/Rev 3Y Avg5.3%2.0%-2.4%-1.5%1.3%-84.3%-0.1%

Valuation

LSTRKNXSAIARSNDRCARMedian
NameLandstar.Knight-S.Saia Ryder Sy.Schneide.Avis Bud. 
Mkt Cap7.613.212.911.06.76.69.3
P/S1.61.84.00.91.20.61.4
P/Op Inc41.447.837.010.142.012.039.2
P/EBIT41.464.436.810.341.2-41.839.0
P/E61.2389.750.722.268.8-9.955.9
P/CFO30.810.220.74.410.52.110.4
Total Yield3.2%0.9%2.0%5.8%2.5%-10.1%2.2%
Dividend Yield1.6%0.7%0.0%1.3%1.0%0.0%0.8%
FCF Yield 3Y Avg4.4%1.7%-0.5%-4.2%1.5%-246.5%0.5%
D/E0.00.20.00.80.14.20.1
Net D/E-0.00.20.00.80.04.10.1

Returns

LSTRKNXSAIARSNDRCARMedian
NameLandstar.Knight-S.Saia Ryder Sy.Schneide.Avis Bud. 
1M Rtn27.7%18.4%4.9%21.9%20.7%24.6%21.3%
3M Rtn51.9%57.4%50.4%49.8%62.6%85.8%54.7%
6M Rtn54.2%54.1%39.9%49.1%43.3%42.8%46.2%
12M Rtn67.0%93.4%85.1%93.9%61.9%53.5%76.1%
3Y Rtn27.1%51.3%51.0%262.4%46.8%-4.5%48.9%
1M Excs Rtn28.6%36.9%12.1%24.0%32.3%25.9%27.3%
3M Excs Rtn39.9%45.4%38.4%37.7%50.5%73.7%42.6%
6M Excs Rtn45.7%51.3%30.9%37.7%36.3%30.7%37.0%
12M Excs Rtn41.3%65.8%65.8%66.9%38.2%24.0%53.6%
3Y Excs Rtn-47.1%-27.2%-14.4%182.0%-25.7%-71.6%-26.5%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Transportation Logistics4,6854,7565,2317,3586,466
Insurance1161211407972
Internal revenue-58-57-68  
Total4,7444,8195,3037,4376,538


Operating Income by Segment
$ Mil20252024202320222021
Transportation Logistics148206289524464
Insurance443564741
Total152249344571506


Assets by Segment
$ Mil20232022202120202019
Transportation Logistics1,4631,7051,7371,3021,169
Insurance339227309352259
Total1,8021,9322,0451,6541,428


Price Behavior

Price Behavior
Market Price$224.27 
Market Cap ($ Bil)7.6 
First Trading Date03/05/1993 
Distance from 52W High-0.5% 
   50 Days200 Days
DMA Price$187.42$151.08
DMA Trendupup
Distance from DMA19.7%48.4%
 3M1YR
Volatility27.7%34.8%
Downside Capture-68.9360.05
Upside Capture104.93104.48
Correlation (SPY)18.4%31.8%
LSTR Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta-0.27-0.170.460.840.910.76
Up Beta1.410.480.580.360.760.79
Down Beta-4.33-3.280.671.701.280.65
Up Capture103%78%76%134%97%47%
Bmk +ve Days13283667141432
Stock +ve Days13273974132361
Down Capture-139%-236%-18%22%73%95%
Bmk -ve Days7132757109318
Stock -ve Days7142449116387

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LSTR
LSTR65.1%34.7%1.50-
Sector ETF (XLI)23.9%16.2%1.1440.6%
Equity (SPY)24.9%12.3%1.5231.5%
Gold (GLD)25.5%27.4%0.819.1%
Commodities (DBC)30.1%19.0%1.25-7.6%
Real Estate (VNQ)13.5%13.5%0.6924.7%
Bitcoin (BTCUSD)-41.7%42.2%-1.1612.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LSTR
LSTR9.0%27.7%0.32-
Sector ETF (XLI)12.7%17.5%0.5656.3%
Equity (SPY)13.5%17.1%0.6148.5%
Gold (GLD)16.8%18.2%0.754.1%
Commodities (DBC)8.4%19.4%0.337.5%
Real Estate (VNQ)2.8%18.8%0.0541.5%
Bitcoin (BTCUSD)13.6%54.4%0.4415.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LSTR
LSTR14.7%27.4%0.54-
Sector ETF (XLI)14.1%20.0%0.6261.2%
Equity (SPY)15.3%17.9%0.7355.4%
Gold (GLD)12.5%16.1%0.641.5%
Commodities (DBC)6.7%18.0%0.2916.1%
Real Estate (VNQ)5.7%20.7%0.2444.1%
Bitcoin (BTCUSD)60.3%66.8%1.009.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity1.6 Mil
Short Interest: % Change Since 515202623.3%
Average Daily Volume0.5 Mil
Days-to-Cover Short Interest3.0 days
Basic Shares Quantity34.0 Mil
Short % of Basic Shares4.8%

Earnings Returns History

Updated 6/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/28/20261.2%-1.1%11.8%
1/28/2026-2.3%5.2%6.4%
10/28/2025-3.8%-1.1%1.3%
7/29/2025-3.3%-5.4%-3.2%
5/13/2025-2.5%0.3%-2.7%
1/29/2025-3.5%-6.3%-8.0%
10/29/2024-1.9%0.1%3.4%
7/30/2024-1.9%-2.4%-5.8%
...
SUMMARY STATS   
# Positive91115
# Negative15139
Median Positive2.6%2.9%4.4%
Median Negative-2.3%-1.4%-3.2%
Max Positive3.8%6.9%15.0%
Max Negative-4.0%-6.3%-8.6%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202604/29/202610-Q
12/31/202502/24/202610-K
09/30/202510/28/202510-Q
06/30/202507/29/202510-Q
03/31/202505/13/202510-Q
12/31/202402/24/202510-K
09/30/202410/30/202410-Q
06/30/202407/31/202410-Q
03/31/202405/03/202410-Q
12/31/202302/26/202410-K
09/30/202311/03/202310-Q
06/30/202308/04/202310-Q
03/31/202305/05/202310-Q
12/31/202202/24/202310-K
09/30/202210/28/202210-Q
06/30/202207/29/202210-Q

Recent Forward Guidance

Updated 6/1/2026

Latest: Q1 2026 Earnings Reported 4/28/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Dividends 0.4 0.0% Same NewActual: 0.4 for Q1 2026

Prior: Q4 2025 Earnings Reported 1/28/2026

null

Insider Activity

Updated 6/8/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Murphy, Diana M DirectSell6082026221.2811,2462,488,5254,171,809Form
Core Cache Last Updated: 6/14/2026