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Landstar System Inc. (LSTR) Fundamental Analysis & AI Grade 2026

LSTR Nasdaq Trucking (No Local) DE CIK: 0000853816
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-28
Combined AI Grade
B
75% Confidence
STRONG AGREEMENT
B
78% Conf
B
72% Conf

📊 LSTR Key Takeaways

Revenue: $1.2B
Net Margin: 3.4%
Free Cash Flow: $72.4M
Current Ratio: 1.88x
Debt/Equity: 0.00x
EPS: $1.16
AI Grade: B with 78% confidence
Landstar System Inc. (LSTR) receives a B fundamental grade with 75% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.2B, net profit margin of 3.4%, and return on equity (ROE) of 4.9%, Landstar System Inc. demonstrates mixed fundamentals in the Automotive sector. Below is our complete LSTR stock analysis for 2026.

Is Landstar System Inc. (LSTR) a Good Investment?

Claude

Landstar System operates a stable, debt-free trucking business with fortress-like financial health and strong free cash flow generation ($72.4M), but faces concerning headwinds with zero revenue growth, sharp EPS decline (-39.9% YoY), and weak returns on capital (ROE 4.9%). The balance sheet provides downside protection, but fundamental growth stagnation and deteriorating profitability limit upside potential.

ChatGPT

Landstar’s asset-light model produces solid cash generation and returns with a pristine, debt-free balance sheet and ample liquidity. However, growth is stalled with flat revenue and net income, and a sharp EPS decline raises questions about dilution or non-recurring factors. Near-term upside likely hinges on improving freight demand and margin stability.

Landstar System Inc. Key Strengths (LSTR)

Claude
  • + Zero long-term debt with conservative balance sheet ($799M equity, $353.3M cash)
  • + Strong free cash flow generation of $72.4M (6.2% FCF margin) despite thin operational margins
  • + Healthy liquidity metrics (1.88x current ratio) with no financial distress risk
ChatGPT
  • + Debt-free balance sheet with substantial cash and strong liquidity
  • + Consistent free cash flow with low capex intensity (4.5% FCF margin)
  • + Healthy profitability and returns (ROE 14.5%) and strong interest coverage

LSTR Stock Risks: Landstar System Inc. Investment Risks

Claude
  • ! Flat revenue growth (0% YoY) indicating stagnant market demand or competitive pressures in trucking sector
  • ! Significant EPS decline of -39.9% YoY despite flat revenues, suggesting margin compression and profitability deterioration
  • ! Weak returns on capital (ROE 4.9%, ROA 2.5%, net margin 3.4%) indicate inefficient capital deployment and limited growth reinvestment opportunities
ChatGPT
  • ! Stalled top- and bottom-line growth (0% YoY)
  • ! EPS down sharply YoY, suggesting dilution or one-offs
  • ! Cyclical freight exposure and competitive pressure on already thin margins

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and operating margin recovery
  • * Return on equity trend and capital allocation discipline
  • * Free cash flow sustainability and share buyback/dividend policy under stagnation
ChatGPT
  • * Operating margin
  • * Free cash flow margin

Landstar System Inc. (LSTR) Financial Metrics & Key Ratios

Revenue
$1.2B
Net Income
$39.4M
EPS (Diluted)
$1.16
Free Cash Flow
$72.4M
Total Assets
$1.6B
Cash Position
$353.3M

💡 AI Analyst Insight

Landstar System Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

LSTR Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 4.5%
Net Margin 3.4%
ROE 4.9%
ROA 2.5%
FCF Margin 6.2%

LSTR vs Automotive Sector: How Landstar System Inc. Compares

How Landstar System Inc. compares to Automotive sector averages

Net Margin
LSTR 3.4%
vs
Sector Avg 6.0%
LSTR Sector
ROE
LSTR 4.9%
vs
Sector Avg 12.0%
LSTR Sector
Current Ratio
LSTR 1.9x
vs
Sector Avg 1.2x
LSTR Sector
Debt/Equity
LSTR 0.0x
vs
Sector Avg 1.0x
LSTR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Landstar System Inc. Stock Overvalued? LSTR Valuation Analysis 2026

Based on fundamental analysis, Landstar System Inc. has mixed fundamental signals relative to the Automotive sector in 2026.

Return on Equity
4.9%
Sector avg: 12%
Net Profit Margin
3.4%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Landstar System Inc. Balance Sheet: LSTR Debt, Cash & Liquidity

Current Ratio
1.88x
Quick Ratio
1.88x
Debt/Equity
0.00x
Debt/Assets
0.0%
Interest Coverage
41.08x
Long-term Debt
$0.0

LSTR Revenue & Earnings Growth: 5-Year Financial Trend

LSTR 5-year financial data: Year 2021: Revenue $6.5B, Net Income $227.7M, EPS $5.72. Year 2022: Revenue $7.4B, Net Income $192.1M, EPS $4.98. Year 2023: Revenue $7.4B, Net Income $381.5M, EPS $9.98. Year 2024: Revenue $7.4B, Net Income $430.9M, EPS $11.76. Year 2025: Revenue $5.3B, Net Income $264.4M, EPS $7.36.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Landstar System Inc.'s revenue has declined by 19% over the 5-year period, indicating business contraction. The most recent EPS of $7.36 reflects profitable operations.

LSTR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
6.2%
Free cash flow / Revenue

LSTR Quarterly Earnings & Performance

Quarterly financial performance data for Landstar System Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $1.2B $29.8M $0.85
Q3 2025 $1.2B $19.4M $0.56
Q2 2025 $1.2B $41.9M $1.20
Q1 2025 $1.2B $29.8M $0.85
Q3 2024 $1.2B $50.0M $1.41
Q2 2024 $1.2B $52.6M $1.48
Q1 2024 $1.2B $47.1M $1.32
Q3 2023 $1.3B $61.7M $1.71

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Landstar System Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$78.2M
Cash generated from operations
Stock Buybacks
$22.4M
Shares repurchased (TTM)
Capital Expenditures
$5.8M
Investment in assets
Dividends Paid
$81.7M
Returned to shareholders

LSTR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Landstar System Inc. (CIK: 0000853816)

📋 Recent SEC Filings

Date Form Document Action
May 8, 2026 4 xslF345X06/form4.xml View →
May 8, 2026 4 xslF345X06/form4.xml View →
May 8, 2026 4 xslF345X06/form4.xml View →
May 8, 2026 4 xslF345X06/form4.xml View →
May 8, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about LSTR

What is the AI rating for LSTR?

Landstar System Inc. (LSTR) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are LSTR's key strengths?

Claude: Zero long-term debt with conservative balance sheet ($799M equity, $353.3M cash). Strong free cash flow generation of $72.4M (6.2% FCF margin) despite thin operational margins. ChatGPT: Debt-free balance sheet with substantial cash and strong liquidity. Consistent free cash flow with low capex intensity (4.5% FCF margin).

What are the risks of investing in LSTR?

Claude: Flat revenue growth (0% YoY) indicating stagnant market demand or competitive pressures in trucking sector. Significant EPS decline of -39.9% YoY despite flat revenues, suggesting margin compression and profitability deterioration. ChatGPT: Stalled top- and bottom-line growth (0% YoY). EPS down sharply YoY, suggesting dilution or one-offs.

What is LSTR's revenue and growth?

Landstar System Inc. reported revenue of $1.2B.

Does LSTR pay dividends?

Landstar System Inc. pays dividends, with $81.7M distributed to shareholders in the trailing twelve months.

Where can I find LSTR SEC filings?

Official SEC filings for Landstar System Inc. (CIK: 0000853816) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is LSTR's EPS?

Landstar System Inc. has a diluted EPS of $1.16.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is LSTR's fundamental grade?

Based on our AI fundamental analysis in May 2026, Landstar System Inc. has a B grade with 75% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is LSTR stock overvalued or undervalued?

Valuation metrics for LSTR: ROE of 4.9% (sector avg: 12%), net margin of 3.4% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.

What is LSTR's AI grade for 2026?

Our dual AI analysis gives Landstar System Inc. a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is LSTR's free cash flow?

Landstar System Inc.'s operating cash flow is $78.2M, with capital expenditures of $5.8M. FCF margin is 6.2%.

How does LSTR compare to other Automotive stocks?

Vs Automotive sector averages: Net margin 3.4% (avg: 6%), ROE 4.9% (avg: 12%), current ratio 1.88 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-28 | Powered by Claude AI