Landstar System Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	5,303	7,437	6,538	4,133	4,085	Upgrade
Revenue Growth (YoY)	-28.69%	13.75%	58.18%	1.19%	-11.50%	Upgrade
Cost of Revenue	4,531	6,419	5,622	3,534	3,470	Upgrade
Gross Profit	772.39	1,018	915.69	599.35	614.88	Upgrade
Selling, General & Admin	326.04	347.11	326.74	255.41	239.27	Upgrade
Other Operating Expenses	112.34	102.65	86.14	94.39	81.74	Upgrade
Operating Expenses	438.38	449.76	412.88	349.8	321.01	Upgrade
Operating Income	334.01	567.92	502.81	249.55	293.86	Upgrade
Interest Expense / Income	-3.95	3.62	3.98	3.95	3.14	Upgrade
Other Expense / Income	-10.14	-3.16	-2.86	-3.4	-5.06	Upgrade
Pretax Income	348.1	567.46	501.69	249	295.78	Upgrade
Income Tax	83.7	136.55	120.17	56.89	68.06	Upgrade
Net Income	264.39	430.91	381.52	192.11	227.72	Upgrade
Net Income Growth	-38.64%	12.95%	98.60%	-15.64%	-10.80%	Upgrade
Shares Outstanding (Basic)	36	37	38	39	40	Upgrade
Shares Outstanding (Diluted)	36	37	38	39	40	Upgrade
Shares Change	-1.95%	-4.19%	-0.95%	-2.98%	-3.23%	Upgrade
EPS (Basic)	7.36	11.76	9.98	4.98	5.72	Upgrade
EPS (Diluted)	7.36	11.76	9.98	4.98	5.72	Upgrade
EPS Growth	-37.41%	17.84%	100.40%	-12.94%	-7.44%	Upgrade
Free Cash Flow	376.25	601.89	256.45	187.85	292.42	Upgrade
Free Cash Flow Per Share	10.47	16.43	6.71	4.87	7.35	Upgrade
Dividend Per Share	3.260	3.100	2.920	2.790	0.700	Upgrade
Dividend Growth	5.16%	6.16%	4.66%	298.57%	-67.14%	Upgrade
Gross Margin	14.56%	13.68%	14.01%	14.50%	15.05%	Upgrade
Operating Margin	6.30%	7.64%	7.69%	6.04%	7.19%	Upgrade
Profit Margin	4.99%	5.79%	5.84%	4.65%	5.58%	Upgrade
Free Cash Flow Margin	7.09%	8.09%	3.92%	4.55%	7.16%	Upgrade
Effective Tax Rate	24.05%	24.06%	23.95%	22.85%	23.01%	Upgrade
EBITDA	402.3	628.54	555.28	298.81	343.39	Upgrade
EBITDA Margin	7.59%	8.45%	8.49%	7.23%	8.41%	Upgrade
Depreciation & Amortization	58.15	57.45	49.61	45.86	44.47	Upgrade
EBIT	344.15	571.08	505.67	252.95	298.92	Upgrade
EBIT Margin	6.49%	7.68%	7.73%	6.12%	7.32%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).