LANDSTAR SYSTEM INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that LANDSTAR SYSTEM INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $4.74B | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $4.82B | Feb 24, 2026 |
| FY2025 | Dec 30, 2023 | $5.30B | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $7.44B | Feb 24, 2025 |
| FY2023 | Dec 25, 2021 | $6.54B | Feb 26, 2024 |
| FY2022 | Dec 26, 2020 | $4.13B | Feb 24, 2023 |
| FY2021 | Dec 28, 2019 | $4.08B | Feb 18, 2022 |
| FY2018 | Dec 29, 2018 | $1.18B | Feb 22, 2019 |
| FY2018 | Sep 29, 2018 | $1.20B | Feb 22, 2019 |
| FY2018 | Jun 30, 2018 | $1.18B | Feb 22, 2019 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $4.74B | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $4.82B | Feb 24, 2026 |
| FY2025 | Dec 30, 2023 | $5.30B | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $7.44B | Feb 24, 2025 |
| FY2023 | Dec 25, 2021 | $6.54B | Feb 26, 2024 |
| FY2022 | Dec 26, 2020 | $4.13B | Feb 24, 2023 |
| FY2019 | Dec 28, 2019 | $994.88M | Feb 21, 2020 |
| FY2019 | Sep 28, 2019 | $1.01B | Feb 21, 2020 |
| FY2019 | Jun 29, 2019 | $1.05B | Feb 21, 2020 |
| FY2019 | Mar 30, 2019 | $1.03B | Feb 21, 2020 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $115.01M | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $195.95M | Feb 24, 2026 |
| FY2025 | Dec 30, 2023 | $264.39M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $430.91M | Feb 24, 2025 |
| FY2023 | Dec 25, 2021 | $381.52M | Feb 26, 2024 |
| FY2022 | Dec 26, 2020 | $192.11M | Feb 24, 2023 |
| FY2019 | Dec 28, 2019 | $50.05M | Feb 21, 2020 |
| FY2019 | Sep 28, 2019 | $53.26M | Feb 21, 2020 |
| FY2019 | Jun 29, 2019 | $61.10M | Feb 21, 2020 |
| FY2019 | Mar 30, 2019 | $63.32M | Feb 21, 2020 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $151.58M | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $248.91M | Feb 24, 2026 |
| FY2025 | Dec 30, 2023 | $344.15M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $571.08M | Feb 24, 2025 |
| FY2023 | Dec 25, 2021 | $505.67M | Feb 26, 2024 |
| FY2022 | Dec 26, 2020 | $252.95M | Feb 24, 2023 |
| FY2019 | Dec 28, 2019 | $66.52M | Feb 21, 2020 |
| FY2019 | Sep 28, 2019 | $70.64M | Feb 21, 2020 |
| FY2019 | Jun 29, 2019 | $80.85M | Feb 21, 2020 |
| FY2019 | Mar 30, 2019 | $80.90M | Feb 21, 2020 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $230.55M | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $217.71M | Feb 24, 2026 |
| FY2025 | Dec 30, 2023 | $211.80M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $221.28M | Feb 24, 2025 |
| FY2023 | Dec 25, 2021 | $221.28M | Feb 26, 2024 |
| FY2022 | Dec 26, 2020 | $167.63M | Feb 24, 2023 |
| FY2021 | Dec 28, 2019 | $158.95M | Feb 18, 2022 |
| FY2020 | Dec 29, 2018 | $188.21M | Feb 23, 2021 |
| FY2019 | Dec 30, 2017 | $170.58M | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $143.24M | Feb 22, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $224.88M | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $286.56M | Feb 24, 2026 |
| FY2025 | Dec 30, 2023 | $393.65M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $622.66M | Feb 24, 2025 |
| FY2023 | Dec 25, 2021 | $276.74M | Feb 26, 2024 |
| FY2022 | Dec 26, 2020 | $210.72M | Feb 24, 2023 |
| FY2021 | Dec 28, 2019 | $307.84M | Feb 18, 2022 |
| FY2020 | Dec 29, 2018 | $297.90M | Feb 23, 2021 |
| FY2019 | Dec 30, 2017 | $138.96M | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $190.24M | Feb 22, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $9.88M | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $31.00M | Feb 24, 2026 |
| FY2025 | Dec 30, 2023 | $25.69M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $26.01M | Feb 24, 2025 |
| FY2023 | Dec 25, 2021 | $23.26M | Feb 26, 2024 |
| FY2022 | Dec 26, 2020 | $30.63M | Feb 24, 2023 |
| FY2021 | Dec 28, 2019 | $19.42M | Feb 18, 2022 |
| FY2020 | Dec 29, 2018 | $9.75M | Feb 23, 2021 |
| FY2019 | Dec 30, 2017 | $15.59M | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $22.65M | Feb 22, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $1.64B | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $1.81B | Feb 24, 2026 |
| FY2024 | Dec 30, 2023 | $1.80B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $1.93B | Feb 26, 2024 |
| FY2023 | Dec 25, 2021 | $2.05B | Feb 26, 2024 |
| FY2022 | Dec 26, 2020 | $1.65B | Feb 24, 2023 |
| FY2021 | Dec 28, 2019 | $1.43B | Feb 18, 2022 |
| FY2020 | Dec 29, 2018 | $1.38B | Feb 23, 2021 |
| FY2019 | Dec 30, 2017 | $1.35B | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $1.10B | Feb 22, 2019 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $795.67M | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $972.44M | Feb 24, 2026 |
| FY2024 | Dec 30, 2023 | $983.92M | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $887.22M | Feb 26, 2024 |
| FY2022 | Dec 25, 2021 | $862.01M | Feb 24, 2023 |
| FY2021 | Dec 26, 2020 | $691.84M | Feb 18, 2022 |
| FY2020 | Dec 28, 2019 | $721.47M | Feb 23, 2021 |
| FY2019 | Dec 29, 2018 | $686.82M | Feb 21, 2020 |
| FY2018 | Dec 30, 2017 | $650.67M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $542.56M | Feb 23, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $34.01M | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $40.93M | Feb 24, 2026 |
| FY2025 | Dec 30, 2023 | $42.28M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $41.22M | Feb 24, 2025 |
| FY2023 | Dec 25, 2021 | $40.77M | Feb 26, 2024 |
| FY2022 | Dec 26, 2020 | $40.95M | Feb 24, 2023 |
| FY2021 | Dec 28, 2019 | $38.51M | Feb 18, 2022 |
| FY2020 | Dec 29, 2018 | $38.23M | Feb 23, 2021 |
| FY2019 | Dec 30, 2017 | $39.07M | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $31.13M | Feb 22, 2019 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $2.85B | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $2.86B | Feb 24, 2026 |
| FY2024 | Dec 30, 2023 | $2.78B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $2.64B | Feb 26, 2024 |
| FY2022 | Dec 25, 2021 | $2.32B | Feb 24, 2023 |
| FY2021 | Dec 26, 2020 | $2.05B | Feb 18, 2022 |
| FY2020 | Dec 28, 2019 | $1.96B | Feb 23, 2021 |
| FY2019 | Dec 29, 2018 | $1.84B | Feb 21, 2020 |
| FY2018 | Dec 30, 2017 | $1.61B | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $1.51B | Feb 23, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $396.69M | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $515.02M | Feb 24, 2026 |
| FY2024 | Dec 30, 2023 | $481.04M | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $339.58M | Feb 26, 2024 |
| FY2022 | Dec 25, 2021 | $215.52M | Feb 24, 2023 |
| FY2021 | Dec 26, 2020 | $249.35M | Feb 18, 2022 |
| FY2020 | Dec 28, 2019 | $319.52M | Feb 23, 2021 |
| FY2020 | Dec 29, 2018 | $199.74M | Feb 23, 2021 |
| FY2020 | Dec 30, 2017 | $242.42M | Feb 23, 2021 |
| FY2019 | Dec 31, 2016 | $178.90M | Feb 21, 2020 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | $0 | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | $0 | Feb 24, 2026 |
| FY2024 | Dec 30, 2023 | $0 | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $0 | Feb 26, 2024 |
| FY2022 | Dec 25, 2021 | $0 | Feb 24, 2023 |
| FY2021 | Dec 26, 2020 | $0 | Feb 18, 2022 |
| FY2020 | Dec 28, 2019 | $0 | Feb 23, 2021 |
| FY2019 | Dec 29, 2018 | $0 | Feb 21, 2020 |
| FY2018 | Dec 30, 2017 | $0 | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $0 | Feb 23, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | 3 | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | 5 | Feb 24, 2026 |
| FY2025 | Dec 30, 2023 | 7 | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | 11 | Feb 24, 2025 |
| FY2023 | Dec 25, 2021 | 9 | Feb 26, 2024 |
| FY2020 | Dec 26, 2020 | 4 | Feb 23, 2021 |
| FY2019 | Dec 28, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Sep 28, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Jun 29, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Mar 30, 2019 | 1 | Feb 21, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 27, 2025 | 3 | Feb 24, 2026 |
| FY2025 | Dec 28, 2024 | 5 | Feb 24, 2026 |
| FY2025 | Dec 30, 2023 | 7 | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | 11 | Feb 24, 2025 |
| FY2023 | Dec 25, 2021 | 9 | Feb 26, 2024 |
| FY2022 | Dec 26, 2020 | 4 | Feb 24, 2023 |
| FY2019 | Dec 28, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Sep 28, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Jun 29, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Mar 30, 2019 | 1 | Feb 21, 2020 |