Landstar System, Inc.

LSTR · NASDAQ
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12/28/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$4,834,055$5,313,463$7,439,724$6,540,425
% Growth-9%-28.6%13.7%
Cost of Goods Sold$3,859,170$4,182,503$5,929,852$5,220,130
Gross Profit$974,885$1,130,960$1,509,872$1,320,295
% Margin20.2%21.3%20.3%20.2%
R&D Expenses$34,000$35,000$0$0
G&A Expenses$217,708$211,799$221,279$221,278
SG&A Expenses$610,459$674,467$836,144$728,487
Sales & Mktg Exp.$392,751$462,668$614,865$507,209
Other Operating Expenses$81,519$77,344$102,645$86,140
Operating Expenses$725,978$786,811$938,789$814,627
Operating Income$248,907$344,149$571,083$505,668
% Margin5.1%6.5%7.7%7.7%
Other Income/Exp. Net$5,419$3,946-$3,620-$3,976
Pre-Tax Income$254,326$348,095$567,463$501,692
Tax Expense$58,380$83,701$136,549$120,168
Net Income$195,946$264,394$430,914$381,524
% Margin4.1%5%5.8%5.8%
EPS5.517.3611.9910.12
% Growth-25.1%-38.6%18.5%
EPS Diluted5.517.3611.769.98
Weighted Avg Shares Out35,53835,92035,92737,694
Weighted Avg Shares Out Dil35,53835,92036,63338,235
Supplemental Information
Interest Income$5,419$3,946$0$0
Interest Expense$0$0$3,620$3,976
Depreciation & Amortization$56,738$58,153$57,453$49,609
EBITDA$304,048$397,728$625,592$553,447
% Margin6.3%7.5%8.4%8.5%