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Landstar System

Nasdaq:LSTR
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LSTR
Nasdaq
$4B
Market Cap
  1. Home
  2. US
  3. Transportation
Company description

Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The last earnings update was 58 days ago. More info.


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LSTR Share Price and Events
7 Day Returns
-0.6%
NasdaqGS:LSTR
2.1%
US Transportation
-0.3%
US Market
1 Year Returns
3.6%
NasdaqGS:LSTR
22.5%
US Transportation
7%
US Market
LSTR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Landstar System (LSTR) -0.6% 5.9% 7.1% 3.6% 69.2% 77%
US Transportation 2.1% 7.6% 12.2% 22.5% 93.1% 88.4%
US Market -0.3% 2% 8.5% 7% 37.7% 46.8%
1 Year Return vs Industry and Market
  • LSTR underperformed the Transportation industry which returned 22.5% over the past year.
  • LSTR underperformed the Market in United States of America which returned 7% over the past year.
Price Volatility
LSTR
Industry
5yr Volatility vs Market

LSTR Value

 Is Landstar System undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Landstar System to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Landstar System.

NasdaqGS:LSTR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:LSTR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Transportation Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.035 (1 + (1- 21%) (4.09%))
1.046
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.046 * 5.96%)
8.96%

Discounted Cash Flow Calculation for NasdaqGS:LSTR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Landstar System is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:LSTR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.96%)
2019 262.00 Analyst x6 240.45
2020 260.53 Analyst x6 219.43
2021 294.00 Analyst x1 227.25
2022 308.49 Est @ 4.93% 218.84
2023 321.66 Est @ 4.27% 209.41
2024 333.91 Est @ 3.81% 199.51
2025 345.54 Est @ 3.48% 189.48
2026 356.80 Est @ 3.26% 179.56
2027 367.86 Est @ 3.1% 169.89
2028 378.85 Est @ 2.99% 160.58
Present value of next 10 years cash flows $2,014.40
NasdaqGS:LSTR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $378.85 × (1 + 2.73%) ÷ (8.96% – 2.73%)
$6,244.33
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $6,244.33 ÷ (1 + 8.96%)10
$2,646.70
NasdaqGS:LSTR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,014.40 + $2,646.70
$4,661.10
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $4,661.10 / 40.16
$116.06
NasdaqGS:LSTR Discount to Share Price
Calculation Result
Value per share (USD) From above. $116.06
Current discount Discount to share price of $111.89
= -1 x ($111.89 - $116.06) / $116.06
3.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Landstar System is available for.
Intrinsic value
4%
Share price is $111.89 vs Future cash flow value of $116.06
Current Discount Checks
For Landstar System to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Landstar System's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Landstar System's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Landstar System's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Landstar System's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:LSTR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-29) in USD $6.19
NasdaqGS:LSTR Share Price ** NasdaqGS (2019-04-18) in USD $111.89
United States of America Transportation Industry PE Ratio Median Figure of 24 Publicly-Listed Transportation Companies 18.51x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Landstar System.

NasdaqGS:LSTR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:LSTR Share Price ÷ EPS (both in USD)

= 111.89 ÷ 6.19

18.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Landstar System is good value based on earnings compared to the US Transportation industry average.
  • Landstar System is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Landstar System's expected growth come at a high price?
Raw Data
NasdaqGS:LSTR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
1.4%per year
United States of America Transportation Industry PEG Ratio Median Figure of 21 Publicly-Listed Transportation Companies 2.33x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

NasdaqGS:LSTR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.09x ÷ 1.4%

13.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Landstar System is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Landstar System's assets?
Raw Data
NasdaqGS:LSTR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-29) in USD $17.12
NasdaqGS:LSTR Share Price * NasdaqGS (2019-04-18) in USD $111.89
United States of America Transportation Industry PB Ratio Median Figure of 26 Publicly-Listed Transportation Companies 1.89x
United States of America Market PB Ratio Median Figure of 5,184 Publicly-Listed Companies 1.91x
NasdaqGS:LSTR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:LSTR Share Price ÷ Book Value per Share (both in USD)

= 111.89 ÷ 17.12

6.54x

* Primary Listing of Landstar System.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Landstar System is overvalued based on assets compared to the US Transportation industry average.
X
Value checks
We assess Landstar System's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Transportation industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Transportation industry average (and greater than 0)? (1 check)
  5. Landstar System has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LSTR Future Performance

 How is Landstar System expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Landstar System expected to grow at an attractive rate?
  • Landstar System's earnings growth is positive but not above the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Landstar System's earnings growth is positive but not above the United States of America market average.
  • Landstar System's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:LSTR Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:LSTR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 1.4%
NasdaqGS:LSTR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 2.8%
United States of America Transportation Industry Earnings Growth Rate Market Cap Weighted Average 8.7%
United States of America Transportation Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:LSTR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:LSTR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 5,200 262 2
2020-12-31 4,824 294 263 10
2019-12-31 4,620 278 256 11
2018-12-31 4,648 260 252 14
NasdaqGS:LSTR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-29 4,619 298 255
2018-09-29 4,488 211 252
2018-06-30 4,229 172 227
2018-03-31 3,916 149 202
2017-12-30 3,649 139 177
2017-09-30 3,490 151 152
2017-07-01 3,334 165 146
2017-04-01 3,238 180 141
2016-12-31 3,169 190 137
2016-09-24 3,125 239 136
2016-06-25 3,179 239 139
2016-03-26 3,272 239 147

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Landstar System's earnings are expected to grow by 1.4% yearly, however this is not considered high growth (20% yearly).
  • Landstar System's revenue is expected to grow by 2.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:LSTR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Landstar System Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LSTR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 7.06 7.51 6.60 2.00
2020-12-31 6.74 7.15 6.45 12.00
2019-12-31 6.39 6.50 6.25 13.00
2018-12-31 6.08 6.11 6.05 11.00
NasdaqGS:LSTR Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-29 6.19
2018-09-29 6.05
2018-06-30 5.43
2018-03-31 4.82
2017-12-30 4.22
2017-09-30 3.63
2017-07-01 3.48
2017-04-01 3.35
2016-12-31 3.26
2016-09-24 3.20
2016-06-25 3.25
2016-03-26 3.41

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Landstar System is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Landstar System's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Landstar System has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LSTR Past Performance

  How has Landstar System performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Landstar System's growth in the last year to its industry (Transportation).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Landstar System's year on year earnings growth rate has been positive over the past 5 years.
  • Landstar System's 1-year earnings growth exceeds its 5-year average (44.4% vs 14.5%)
  • Landstar System's earnings growth has exceeded the US Transportation industry average in the past year (44.4% vs -24.9%).
Earnings and Revenue History
Landstar System's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Landstar System Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LSTR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-29 4,618.96 255.28 566.21
2018-09-29 4,487.90 251.78 550.91
2018-06-30 4,228.96 227.24 525.50
2018-03-31 3,916.33 202.22 493.25
2017-12-30 3,648.86 177.09 467.99
2017-09-30 3,489.74 151.91 446.02
2017-07-01 3,333.89 145.75 425.26
2017-04-01 3,238.43 140.55 415.86
2016-12-31 3,169.14 137.35 407.44
2016-09-24 3,124.86 135.63 404.66
2016-06-25 3,178.64 138.70 410.93
2016-03-26 3,271.78 146.86 416.96
2015-12-26 3,322.49 147.69 420.28
2015-09-26 3,336.72 148.33 422.18
2015-06-27 3,314.29 145.73 416.92
2015-03-28 3,260.35 141.19 409.76
2014-12-27 3,186.17 138.81 401.03
2014-09-27 3,015.33 125.49 381.48
2014-06-28 2,871.58 117.24 365.26
2014-03-29 2,731.56 110.81 350.86
2013-12-28 2,666.26 108.92 343.07
2013-09-28 2,642.93 114.51 330.92
2013-06-29 2,684.59 119.11 339.79
2013-03-30 2,746.21 125.47 347.69
2012-12-29 2,772.36 126.57 356.22
2012-09-29 2,821.28 128.44 374.22
2012-06-30 2,788.11 125.49 374.93

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Landstar System has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Landstar System used its assets more efficiently than the US Transportation industry average last year based on Return on Assets.
  • Landstar System's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Landstar System's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Transportation industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Landstar System has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LSTR Health

 How is Landstar System's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Landstar System's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Landstar System is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Landstar System's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Landstar System's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Landstar System Company Filings, last reported 3 months ago.

NasdaqGS:LSTR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-29 689.13 183.76 239.79
2018-09-29 726.21 153.61 254.18
2018-06-30 660.93 149.33 188.96
2018-03-31 706.28 149.60 259.62
2017-12-30 653.88 167.36 291.34
2017-09-30 653.97 151.26 295.43
2017-07-01 609.49 153.14 273.27
2017-04-01 573.74 155.27 277.53
2016-12-31 542.56 174.56 245.46
2016-09-24 506.73 163.33 227.48
2016-06-25 497.26 149.29 214.90
2016-03-26 482.39 154.61 217.42
2015-12-26 466.24 159.90 163.34
2015-09-26 478.70 125.88 157.85
2015-06-27 469.50 124.93 131.29
2015-03-28 484.33 130.51 152.06
2014-12-27 488.26 145.95 200.95
2014-09-27 495.67 147.36 178.26
2014-06-28 460.06 120.01 129.77
2014-03-29 443.18 110.46 149.73
2013-12-28 454.48 129.29 215.24
2013-09-28 423.26 144.95 132.12
2013-06-29 392.24 146.31 102.03
2013-03-30 407.80 130.51 139.76
2012-12-29 379.45 147.79 109.81
2012-09-29 371.43 145.83 118.07
2012-06-30 347.76 149.63 101.00
  • Landstar System's level of debt (26.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (28.4% vs 26.7% today).
  • Debt is well covered by operating cash flow (162.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 98.6x coverage).
X
Financial health checks
We assess Landstar System's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Landstar System has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LSTR Dividends

 What is Landstar System's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.59%
Current annual income from Landstar System dividends. Estimated to be 0.61% next year.
If you bought $2,000 of Landstar System shares you are expected to receive $12 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Landstar System's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.39%).
  • Landstar System's dividend is below the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:LSTR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
United States of America Transportation Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:LSTR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.70 2.00
2020-12-31 0.69 6.00
2019-12-31 0.66 6.00
2018-12-31 2.13 3.00
NasdaqGS:LSTR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-30 0.660 0.609
2018-11-02 0.660 0.656
2018-10-24 0.660 0.657
2018-08-03 0.660 0.571
2018-07-25 0.660 0.599
2018-05-04 0.600 0.538
2018-04-25 0.600 0.581
2018-02-23 0.600 0.550
2018-01-31 0.600 0.544
2017-11-03 0.400 0.386
2017-10-25 0.400 0.402
2017-08-04 0.400 0.432
2017-07-26 0.400 0.481
2017-05-05 0.360 0.422
2017-04-26 0.360 0.423
2017-02-24 0.360 0.421
2017-02-01 0.360 0.418
2016-10-28 0.360 0.436
2016-10-19 0.360 0.513
2016-07-29 0.360 0.530
2016-07-20 0.360 0.513
2016-04-29 0.320 0.475
2016-04-20 0.320 0.482
2016-02-19 0.320 0.506
2016-01-28 0.320 0.541
2015-10-30 0.320 0.541
2015-10-22 0.320 0.509
2015-07-31 0.280 0.419
2015-07-23 0.320 0.450
2015-01-29 0.280 0.422
2012-12-17 0.280 0.496
2012-10-25 0.240 0.481
2012-07-26 0.240 0.493
2012-04-26 0.220 0.425
2012-02-02 0.220 0.397
2011-10-24 0.220 0.470
2011-04-21 0.200 0.461
2011-02-01 0.200 0.447
2010-10-14 0.200 0.508
2010-07-14 0.200 0.520
2010-04-14 0.180 0.427
2010-01-27 0.180 0.457
2009-10-14 0.180 0.474
2009-07-16 0.180 0.489
2009-04-22 0.160 0.444

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Landstar System is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • Landstar System is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Landstar System's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Landstar System's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • No need to calculate the sustainability of Landstar System's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Landstar System's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Landstar System afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Landstar System has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LSTR Management

 What is the CEO of Landstar System's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jim Gattoni
COMPENSATION $4,434,676
AGE 57
TENURE AS CEO 4.3 years
CEO Bio

Mr. James B. Gattoni, also known as Jim, has been the Chief Executive Officer of Landstar System Inc. since December 29, 2014 and has been its President since January 2014. Mr. Gattoni served as the Chief Financial Officer of Landstar System Inc. from April 23, 2007 to December 28, 2014 and served as its Principal Accounting Officer until December 29, 2014. He served as an Executive Vice President of Landstar System Inc. from January 2013 to January 2014. He served as a Vice President of Landstar System Inc., since January 02, 2007. Mr. Gattoni served as Vice President and Corporate Controller of Landstar Logistics Inc., a subsidiary of Landstar System Inc., from July 2000 to January 1, 2007. Mr. Gattoni served as Vice President and Corporate Controller of Landstar System, Inc., its predecessor, Landstar System Holdings Inc., from July 2000 to January 1, 2007. Mr. Gattoni served as Co-Chief Financial Officer of Landstar System Inc., from January 2, 2007 to April 23, 2007. He served as Vice President and Corporate Controller of LSHI, parent of Landstar System Inc., from July 2000 to January 1, 2007. Prior to career with Landstar in 1995, he served as a Senior Audit Manager of KPMG LLP. He has been a Director of Landstar System Inc. since January 29, 2015. Mr. Gattoni is a Certified Public Accountant and holds a Bachelor's degree in Accounting from Ramapo College in New Jersey.

CEO Compensation
  • Jim's compensation has increased by more than 20% in the past year.
  • Jim's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Landstar System management team in years:

6.1
Average Tenure
54
Average Age
  • The average tenure for the Landstar System management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jim Gattoni

TITLE
President
COMPENSATION
$4M
AGE
57
TENURE
4.3 yrs

L. Stout

TITLE
VP, CFO & Assistant Secretary
COMPENSATION
$2M
AGE
49
TENURE
4.3 yrs

Joe Beacom

TITLE
VP and Chief Safety & Operations Officer
COMPENSATION
$2M
AGE
54
TENURE
7.9 yrs

Michael Kneller

TITLE
VP, General Counsel & Secretary
COMPENSATION
$2M
AGE
44
TENURE
13.8 yrs

Pat O'Malley

TITLE
VP and Chief Commercial & Marketing Officer
COMPENSATION
$2M
AGE
59
TENURE
7.9 yrs

Ricardo Coro

TITLE
VP & Chief Information Officer
AGE
54
TENURE
1.9 yrs

Patty McMenamin

TITLE
Vice President of Corporate Communications
Board of Directors Tenure

Average tenure and age of the Landstar System board of directors in years:

4.3
Average Tenure
60
Average Age
  • The tenure for the Landstar System board of directors is about average.
Board of Directors

Diana Murphy

TITLE
Non-Executive Chairman
COMPENSATION
$235K
AGE
61
TENURE
3.9 yrs

Jim Gattoni

TITLE
President
COMPENSATION
$4M
AGE
57
TENURE
4.3 yrs

David Bannister

TITLE
Independent Director
COMPENSATION
$185K
AGE
62
TENURE
28 yrs

Homaira Akbari

TITLE
Independent Director
COMPENSATION
$185K
AGE
57
TENURE
6.3 yrs

Larry Thoele

TITLE
Independent Director
COMPENSATION
$185K
AGE
67
TENURE
6.3 yrs

Tony Orlando

TITLE
Independent Director
COMPENSATION
$185K
AGE
58
TENURE
3.9 yrs

George Scanlon

TITLE
Independent Director
COMPENSATION
$156K
AGE
60
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • Landstar System insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
22. Feb 19 Sell James Gattoni Individual 22. Feb 19 22. Feb 19 -19,481 $110.68 $-2,156,190
21. Feb 19 Sell L. Stout Individual 19. Feb 19 19. Feb 19 -6,000 $110.99 $-665,922
07. Sep 18 Sell Joseph Beacom Individual 05. Sep 18 05. Sep 18 -3,000 $119.52 $-358,550
X
Management checks
We assess Landstar System's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Landstar System has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LSTR News

Simply Wall St News

Is Now The Time To Look At Buying Landstar System, Inc. (NASDAQ:LSTR)?

(NASDAQ:LSTR), which is in the transportation business, and is based in United States,. … As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Let’s take a look at Landstar System’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

Why I Like Landstar System, Inc. (NASDAQ:LSTR)

(NASDAQ:LSTR) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … is a company with great financial health as well as a.

Simply Wall St -

Is Landstar System, Inc. (NASDAQ:LSTR) A High Quality Stock To Own?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every $1 worth of shareholders' equity, it generated $0.37 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

The Landstar System (NASDAQ:LSTR) Share Price Has Gained 82% And Shareholders Are Hoping For More

(NASDAQ:LSTR) shareholders have enjoyed a 82% share price rise over the last half decade, well in excess of the market return of around 42% (not including dividends). … During five years of share price growth, Landstar System achieved compound earnings per share (EPS) growth of 21% per year. … The EPS growth is more impressive than the yearly share price gain of 13% over the same period.

Simply Wall St -

Is Landstar System, Inc.'s (NASDAQ:LSTR) High P/E Ratio A Problem For Investors?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … To keep it practical, we'll show how Landstar System, Inc.'s (NASDAQ:LSTR) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Landstar System, Inc. (NASDAQ:LSTR): Will The Growth Last?

(NASDAQ:LSTR) announced its earnings update. … with earnings expected to grow by 0.6% in the upcoming year … the higher past 5-year average growth rate of 14%.

Simply Wall St -

Landstar System, Inc. (NASDAQ:LSTR): Poised For Long-Term Success?

Want to participate in a short research study? … Help shape the future of investing tools and receive a $20 prize! … (NASDAQ:LSTR) announced its latest earnings update, whicha

Simply Wall St -

How Much Money Does Landstar System, Inc. (NASDAQ:LSTR) Make?

I will take you through Landstar System’s cash flow health and the risk-return concept based on the stock’s cash flow yield, using the most recent financial data. … What is Landstar System's cash yield. … Landstar System’s free cash flow (FCF) is the level of cash flow the business generates from its operational activities, after it reinvests in the company as capital expenditure

Simply Wall St -

Should You Be Worried About Insider Transactions At Landstar System, Inc. (NASDAQ:LSTR)?

So we'll take a look at whether insiders have been buying or selling shares in Landstar System, Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Landstar System Insider Transactions Over The Last Year.

Simply Wall St -

Is Landstar System, Inc.'s (NASDAQ:LSTR) Liquidity Good Enough?

Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Landstar System, Inc. … Don’t forget that this is a general and concentrated examination of Landstar System's financial health, so you should conduct further analysis. … See our latest analysis for Landstar System!

Simply Wall St -

LSTR Company Info

Description

Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. It 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 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 products, 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.

Details
Name: Landstar System, Inc.
LSTR
Exchange: NasdaqGS
Founded: 1968
$4,493,766,460
40,162,360
Website: http://www.landstar.com
Address: Landstar System, Inc.
13410 Sutton Park Drive South,
Jacksonville,
Florida, 32224,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS LSTR Common Stock Nasdaq Global Select US USD 05. Mar 1993
DB LDS Common Stock Deutsche Boerse AG DE EUR 05. Mar 1993
Number of employees
Current staff
Staff numbers
1,306
Landstar System employees.
Industry
Trucking
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 23:37
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/18
Last earnings filing: 2019/02/22
Last earnings reported: 2018/12/29
Last annual earnings reported: 2018/12/29


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.