Landstar System Overview
- Year Founded
-
1968
- Status
-
Public
- Employees
-
1,468
- Stock Symbol
-
LSTR
- Investments
-
7
- Share Price
-
$180.02
- (As of Friday Closing)
Landstar System General Information
Description
Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage (90% of revenue). Historically, around half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.
Contact Information
Website
www.landstar.comCorporate Office
- 13410 Sutton Park Drive
- Jacksonville, FL 32224
- United States
Corporate Office
- 13410 Sutton Park Drive
- Jacksonville, FL 32224
- United States
Landstar System Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $180.02 | $180.53 | $161.13 - $201.41 | $6.38B | 35.5M | 259K | $6.12 |
Landstar System Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 6,183,829 | 6,587,700 | 5,830,949 | 6,741,290 |
| Revenue | 4,889,838 | 5,303,322 | 7,436,562 | 6,537,568 |
| EBITDA | 339,579 | 402,302 | 628,536 | 555,277 |
| Net Income | 219,360 | 264,394 | 430,914 | 381,524 |
| Total Assets | 1,755,204 | 1,801,846 | 1,931,879 | 2,045,465 |
| Total Debt | 131,735 | 132,681 | 196,353 | 228,282 |
Landstar System Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Landstar System Comparisons
Industry
Financing
Details
0.0. 0
000000
Landstar System Competitors (35)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| U.S. Xpress Enterprises | Corporate Backed or Acquired | Chattanooga, TN | 0000 | 00.000 | 000000&0 | 00.000 |
| Forward Air | Private Debt Financed | Greeneville, TN | 0000 | 000000000 - | ||
| Hub Group | Corporation | Oak Brook, IL | 0000 | 000.00 | 00000000 | 000.00 |
| Nolan Transportation Group (NTG) | Private Equity-Backed | Austin, TX | 00 | 000000000000 | ||
| Penske Truck Leasing | Formerly PE-Backed | Reading, PA | 00000 | 000.00 | 000000000 00 | 000.00 |
Landstar System Patents
Landstar System Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20080037724-A1 | Natural language load alerts | Inactive | 10-Jul-2006 | 000000000 | 0 |
| CA-2656111-A1 | Natural language load alerts | Inactive | 10-Jul-2006 | 000000000 | |
| EP-2041670-A2 | Natural language load alerts | Inactive | 10-Jul-2006 | 000000000 | |
| EP-2041670-A4 | Natural language load alerts | Inactive | 10-Jul-2006 | G06Q10/08 |
Landstar System Executive Team (16)
| Name | Title | Board Seat |
|---|---|---|
| Frank Lonegro | President, Chief Executive Officer & Board Member | |
| James Todd | Vice President & Chief Financial Officer | |
| Joseph Beacom | Chief Operating Officer, Operations & Executive | |
| James Applegate | Chief Corporate Sales, Strategy and Specialized Freight Officer | |
| Aimee Cooper | Chief Administrative Officer, Administration & Vice President |
Landstar System Board Members (12)
| Name | Representing | Role | Since |
|---|---|---|---|
| 0000000 0000000 | Self | Board Member | 000 0000 |
| 00000 000000000 | Self | Board Member | 000 0000 |
| 00000 000000 | Self | Chairman & Board Member | 000 0000 |
| 00000 0000000 | Landstar System | President, Chief Executive Officer & Board Member | 000 0000 |
| 000000 0000000 | Self | Board Member | 000 0000 |
Landstar System Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Landstar System Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Landstar System Investments & Acquisitions (7)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Cavnue | 27-Apr-2022 | 00000 0000 | 00000 | Infrastructure | |
| Landstar Blue | 15-Jun-2020 | 0000000000 | 00.000 | Logistics | |
| Fletes Avella | 20-Sep-2017 | 0000000000 | 000.00 | Logistics | 00000 000 |
| National Logistics Management | 10-Jul-2009 | 0000000000 | 00.00 | Logistics | |
| A3 Integration | 02-Jul-2009 | Merger/Acquisition | Logistics | 00000 000 |
Landstar System Subsidiaries (3)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Landstar Blue | Logistics | Fernandina Beach, FL | 2012 |
| Momentum Transportation USA | Logistics | Jacksonville, FL | 0000 |
| Data443 Risk Mitigation | Network Management Software | Durham, NC | 0000 |
Landstar System ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
19.33 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Transportation
Industry
00 of 401
Rank
Percentile
Trucking
Subindustry
00 of 72
Rank
Percentile
Landstar System Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| National Logistics Management | 10-Jul-2009 | 000000000000 | 00.00 | Completed |
|
Landstar System FAQs
-
When was Landstar System founded?
Landstar System was founded in 1968.
-
Who is the CEO of Landstar System?
Frank Lonegro is the CEO of Landstar System.
-
Where is Landstar System headquartered?
Landstar System is headquartered in Jacksonville, FL.
-
What is the size of Landstar System?
Landstar System has 1,468 total employees.
-
What industry is Landstar System in?
Landstar System’s primary industry is Logistics.
-
Is Landstar System a private or public company?
Landstar System is a Public company.
-
What is Landstar System’s stock symbol?
The ticker symbol for Landstar System is LSTR.
-
What is the current stock price of Landstar System?
As of 06-Sep-2024 the stock price of Landstar System is $180.02.
-
What is the current market cap of Landstar System?
The current market capitalization of Landstar System is $6.38B.
-
What is Landstar System’s current revenue?
The trailing twelve month revenue for Landstar System is $4.89B.
-
Who are Landstar System’s competitors?
U.S. Xpress Enterprises, Forward Air, Hub Group, Nolan Transportation Group (NTG), and Penske Truck Leasing are some of the 35 competitors of Landstar System.
-
What is Landstar System’s annual earnings per share (EPS)?
Landstar System’s EPS for 12 months was $6.12.
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