Landstar System, Inc.
LSTRFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/28/2024
Revenue
4,834
Cost of Revenue
3,859
Gross Profit
975
Gross Margin
20.2%
Operating Income
249
Operating Margin
5.1%
Net Income
196
Net Margin
4.1%
EPS (Basic)
$5.51
EPS (Diluted)
$5.51
EBITDA
304
EBITDA Margin
6.3%
2023
12/31/2023
Revenue
5,313
Cost of Revenue
4,183
Gross Profit
1,131
Gross Margin
21.3%
Operating Income
344
Operating Margin
6.5%
Net Income
264
Net Margin
5.0%
EPS (Basic)
$7.36
EPS (Diluted)
$7.36
EBITDA
398
EBITDA Margin
7.5%
2022
12/31/2022
Revenue
7,440
Cost of Revenue
5,930
Gross Profit
1,510
Gross Margin
20.3%
Operating Income
571
Operating Margin
7.7%
Net Income
431
Net Margin
5.8%
EPS (Basic)
$11.99
EPS (Diluted)
$11.76
EBITDA
626
EBITDA Margin
8.4%
2021
12/31/2021
Revenue
6,540
Cost of Revenue
5,220
Gross Profit
1,320
Gross Margin
20.2%
Operating Income
506
Operating Margin
7.7%
Net Income
382
Net Margin
5.8%
EPS (Basic)
$10.12
EPS (Diluted)
$9.98
EBITDA
553
EBITDA Margin
8.5%
2020
12/31/2020
Revenue
4,136
Cost of Revenue
3,281
Gross Profit
856
Gross Margin
20.7%
Operating Income
253
Operating Margin
6.1%
Net Income
192
Net Margin
4.6%
EPS (Basic)
$4.98
EPS (Diluted)
$4.98
EBITDA
327
EBITDA Margin
7.9%