Landstar Historical Income Statement

LSTR Stock  USD 180.14  3.14  1.77%   
Historical analysis of Landstar System income statement accounts such as Gross Profit of 1.2 B can show how well Landstar System performed in making a profits. Evaluating Landstar System income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Landstar System's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Landstar System latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Landstar System is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landstar System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.

About Landstar Income Statement Analysis

Landstar System Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Landstar System shareholders. The income statement also shows Landstar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Landstar System Income Statement Chart

Landstar System Income Statement is one of the three primary financial statements used for reporting Landstar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Landstar System revenue and expense. Landstar System Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Landstar System's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 05/03/2024, Tax Provision is likely to grow to about 96.3 M, while Total Revenue is likely to drop slightly above 3 B.

Total Revenue

Total revenue comprises all receipts Landstar System generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Landstar System minus its cost of goods sold. It is profit before Landstar System operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Landstar System. It is also known as Landstar System overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Landstar System operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Landstar System is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Landstar System's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Landstar System current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landstar System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.At this time, Landstar System's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 05/03/2024, Tax Provision is likely to grow to about 96.3 M, while Total Revenue is likely to drop slightly above 3 B.
 2021 2022 2023 2024 (projected)
Gross Profit866.1M960.2M1.2B1.2B
Total Revenue6.5B7.4B5.3B3.0B

Landstar System income statement Correlations

0.37-0.090.4-0.08-0.15-0.10.07-0.130.56-0.140.92-0.16-0.03-0.15-0.06-0.13-0.59-0.240.230.630.14-0.05-0.59
0.370.680.460.680.650.530.60.670.250.650.360.630.70.430.680.49-0.030.040.510.10.350.44-0.03
-0.090.680.621.00.990.920.911.00.280.99-0.030.990.860.881.00.950.010.480.670.090.70.750.01
0.40.460.620.630.590.780.850.580.920.580.290.580.480.670.650.73-0.750.430.690.780.910.69-0.75
-0.080.681.00.630.990.920.911.00.290.99-0.030.990.860.881.00.950.00.480.670.10.710.750.0
-0.150.650.990.590.990.930.910.990.231.0-0.060.990.90.880.980.950.050.550.590.030.650.690.05
-0.10.530.920.780.920.930.990.920.470.93-0.070.920.80.930.920.97-0.250.610.640.270.810.75-0.25
0.070.60.910.850.910.910.990.90.570.90.090.90.790.910.910.95-0.360.570.680.370.840.75-0.36
-0.130.671.00.581.00.990.920.90.230.99-0.050.990.860.90.990.950.050.470.640.040.660.730.05
0.560.250.280.920.290.230.470.570.230.230.380.230.140.350.320.42-0.90.250.560.940.790.5-0.9
-0.140.650.990.580.991.00.930.90.990.23-0.050.990.90.870.980.940.060.540.590.030.650.690.06
0.920.36-0.030.29-0.03-0.06-0.070.09-0.050.38-0.05-0.070.09-0.090.0-0.08-0.46-0.190.180.520.07-0.07-0.46
-0.160.630.990.580.990.990.920.90.990.230.99-0.070.840.890.980.950.050.510.630.040.670.740.05
-0.030.70.860.480.860.90.80.790.860.140.90.090.840.650.840.750.090.640.31-0.060.480.370.09
-0.150.430.880.670.880.880.930.910.90.350.87-0.090.890.650.870.95-0.20.450.730.210.750.79-0.2
-0.060.681.00.651.00.980.920.910.990.320.980.00.980.840.870.95-0.020.470.70.140.730.76-0.02
-0.130.490.950.730.950.950.970.950.950.420.94-0.080.950.750.950.95-0.170.560.710.240.820.81-0.17
-0.59-0.030.01-0.750.00.05-0.25-0.360.05-0.90.06-0.460.050.09-0.2-0.02-0.17-0.13-0.38-0.94-0.59-0.281.0
-0.240.040.480.430.480.550.610.570.470.250.54-0.190.510.640.450.470.56-0.13-0.040.090.530.14-0.13
0.230.510.670.690.670.590.640.680.640.560.590.180.630.310.730.70.71-0.38-0.040.520.720.81-0.38
0.630.10.090.780.10.030.270.370.040.940.030.520.04-0.060.210.140.24-0.940.090.520.680.4-0.94
0.140.350.70.910.710.650.810.840.660.790.650.070.670.480.750.730.82-0.590.530.720.680.78-0.59
-0.050.440.750.690.750.690.750.750.730.50.69-0.070.740.370.790.760.81-0.280.140.810.40.78-0.28
-0.59-0.030.01-0.750.00.05-0.25-0.360.05-0.90.06-0.460.050.09-0.2-0.02-0.171.0-0.13-0.38-0.94-0.59-0.28
Click cells to compare fundamentals

Landstar System Account Relationship Matchups

Landstar System income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(5.0M)14.7M(2.9M)(3.2M)58.2M61.1M
Interest Expense3.1M4.0M4.0M3.6M3.9M2.9M
Total Revenue4.1B4.1B6.5B7.4B5.3B3.0B
Gross Profit570.4M553.5M866.1M960.2M1.2B1.2B
Other Operating Expenses3.8B3.9B6.0B6.9B5.0B2.8B
Operating Income298.9M253.0M505.7M571.1M344.1M204.8M
Ebit298.9M253.0M505.7M571.1M344.1M361.4M
Ebitda293.9M267.6M502.8M567.9M402.3M422.4M
Cost Of Revenue3.5B3.6B5.7B6.5B4.1B2.5B
Total Operating Expenses276.5M285.9M363.3M392.3M846.9M889.2M
Income Before Tax295.8M249.0M501.7M567.5M348.1M194.8M
Total Other Income Expense Net(3.1M)(4.0M)(4.0M)(3.6M)3.9M4.1M
Net Income227.7M192.1M381.5M430.9M264.4M133.8M
Income Tax Expense68.1M56.9M120.2M136.5M83.7M61.3M
Selling General Administrative239.3M255.4M326.7M347.1M250.9M266.0M
Selling And Marketing Expenses342.2M328.2M507.2M614.9M462.7M244.6M
Net Income Applicable To Common Shares227.7M192.1M381.5M430.9M495.6M520.3M
Net Income From Continuing Ops227.7M192.1M381.5M430.9M299.7M222.1M
Tax Provision68.1M56.9M120.2M136.5M95.9M96.3M
Net Interest Income(3.1M)(4.0M)(4.0M)(3.6M)1.7M1.8M
Reconciled Depreciation44.5M45.9M49.6M57.5M59.3M53.6M

Landstar System Investors Sentiment

The influence of Landstar System's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Landstar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Landstar System's public news can be used to forecast risks associated with an investment in Landstar. The trend in average sentiment can be used to explain how an investor holding Landstar can time the market purely based on public headlines and social activities around Landstar System. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Landstar System's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Landstar System's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Landstar System's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Landstar System.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Landstar System in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Landstar System's short interest history, or implied volatility extrapolated from Landstar System options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Landstar System is a strong investment it is important to analyze Landstar System's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Landstar System's future performance. For an informed investment choice regarding Landstar Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landstar System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Landstar Stock analysis

When running Landstar System's price analysis, check to measure Landstar System's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Landstar System is operating at the current time. Most of Landstar System's value examination focuses on studying past and present price action to predict the probability of Landstar System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landstar System's price. Additionally, you may evaluate how the addition of Landstar System to your portfolios can decrease your overall portfolio volatility.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Money Managers
Screen money managers from public funds and ETFs managed around the world
Is Landstar System's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Landstar System. If investors know Landstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Landstar System listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
1.29
Earnings Share
6.51
Revenue Per Share
140.842
Quarterly Revenue Growth
(0.18)
The market value of Landstar System is measured differently than its book value, which is the value of Landstar that is recorded on the company's balance sheet. Investors also form their own opinion of Landstar System's value that differs from its market value or its book value, called intrinsic value, which is Landstar System's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Landstar System's market value can be influenced by many factors that don't directly affect Landstar System's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Landstar System's value and its price as these two are different measures arrived at by different means. Investors typically determine if Landstar System is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Landstar System's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.