The Tip Desk

LANDSTAR SYSTEM INC

Company Stats

Market Cap
$5.7B
as of Sep 30, 2026
Shares Outstanding
33.9M
Free Float
98.8%

Income Statement

Revenue
$4.7B
Operating Income
$151.6M
Net Income
$115.0M
EBITDA
$198.0M
Non-cash Impairment
$32.2M
Revenue Growth, 3Y
-13.9%
FCF Margin, 3Y Avg
5.6%
FCF Margin, Worst Year
4.5%

Cash Flow

Free Cash Flow
$215.0M
FCF Yield
3.8%
Owner FCF Yield
3.7%

Balance Sheet

Cash & Equivalents
$396.7M

Returns & Capital

Dividends Paid
$124.8M
Dividend Yield
2.2%
Dividend Payout, 3Y Avg
71.4%
Share Repurchases
$179.9M
Buyback Yield, 3Y Avg
1.8%
SBC, 3Y Avg
$4.6M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$4.7B$215.0M4.5%
FY2024$4.8B$255.6M5.3%
FY2023$5.3B$368.0M6.9%
FY2022$7.4B$596.7M8.0%
FY2021$6.5B$253.5M3.9%

Annual filing data through FY ended December 27, 2025; shares and float as of October 22, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage