NASDAQ$LSTR

Landstar System Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Landstar reported Q4 2024 earnings with revenue of $1.209 billion and EPS of $1.31.

Landstar System, Inc. reported Q4 2024 revenue of $1.209 billion and EPS of $1.31. The company saw year-over-year quarterly revenue growth for the first time since Q3 2022, driven by increased truck pricing and strong performance in unsided/platform services.

  • Landstar's Q4 2024 revenue reached $1.209 billion, marking year-over-year growth.
  • Basic and diluted EPS for Q4 2024 were reported at $1.31.
  • Truck transportation revenue accounted for 89% of the total revenue, amounting to $1.081 billion.
  • Revenue from truckload transportation via unsided/platform equipment increased to $362 million compared to $340 million in the previous year.

Headline financials

Total Revenue

$1.21B

Previous: $1.2B+0.4%
EPS (adj)

$1.31

Previous: $1.62-19.1%
BCO Independent Contractors

8.1K

No prior period
Approved Brokerage Carriers

43.7K

No prior period
Other Approved Brokerage Carriers

26.5K

No prior period
Total Available Truck Capacity Providers

78.3K

No prior period
Trucks provided by BCOs

8.8K

Previous: 9.8K-9.8%
Total truck transportation loads

476.5K

No prior period
Total loads

491.4K

Previous: 508.3K-3.3%
BCO loads

193.5K

Previous: 209.3K-7.6%
Truck revenue per load

$2.27K

No prior period
BCO revenue per load

$2.31K

No prior period
Capital Expenditures

-$6.74M

Previous: $10.3M-165.5%
Net Income

$46.2M

Previous: $58M-20.3%
Operating Income

$57.8M

Previous: $74.6M-22.5%
Gross Profit

$109M

Previous: $125M-12.2%

Revenue & EPS history

Landstar · Revenue · Quarterly

$1.21B

Q4 2024+0.4%vs Q4 2023
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Landstar · $1.29B total across 7 segments · Q3 2023

  • Truckload: Van equipment
    $666M-27.2%
  • Truckload: Unsided/platform equipment
    $378M-16.7%
  • Other truck transportation
    $102M-47.8%
  • Ocean and air cargo carriers
    $65.8M-59.9%
  • Less-than-truckload
    $28.1M-20.5%
  • Other
    $26.7M+4.8%
  • Rail intermodal
    $23.1M-16.6%

Forward guidance

The Landstar network is optimistic for an improved freight transportation environment and will continue to strive each day to improve our safety performance and deliver great service to our customers.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.5%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+1.3%

Avg return

30 days after

43%

29 / 68 earnings

Positive

+6.3%

Q3 2016

Best reaction

-8.8%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.8%+0.8%+12.9%
Q4 2025-2.3%-3.4%-2.5%
Q3 2025-3.7%-2.8%+1.1%
Q1 2025-2.5%+0.9%-2.4%
Q4 2024-3.5%-5.9%-8.2%
Q3 2024-2.5%-2.4%+2.6%
Q2 2024-0.5%-3.4%-5.5%
Q1 2024+3.1%+3.0%+4.6%
Q4 2023-2.0%-1.2%-4.2%
Q3 2023-2.3%-1.6%+4.8%
Q2 2023-1.6%+0.3%-7.9%
Q1 2023-1.4%+0.8%-0.6%
Q4 2022+6.2%+5.9%+5.5%
Q3 2022-1.0%+0.3%+11.5%
Q2 2022-0.8%-3.7%+1.6%
Q1 2022+4.8%+5.9%-1.5%
Q4 2021-7.1%-1.7%-3.3%
Q3 2021+3.0%+4.8%+3.5%
Q2 2021-3.1%-0.4%+2.3%
Q1 2021-3.4%-3.2%-4.4%
Q4 2020-5.0%-6.1%+6.9%
Q3 2020+2.4%+2.5%+1.2%
Q2 2020+0.1%+0.6%+9.0%
Q1 2020+3.7%+10.1%+14.8%
Q4 2019+0.4%-1.0%-9.9%
Q3 2019-0.6%+2.0%-3.9%
Q2 2019+0.8%+1.0%-5.2%
Q1 2019+2.5%-2.3%-7.9%
Q4 2018-1.6%+1.3%+5.9%
Q3 2018-1.5%-1.7%+3.0%
Q2 2018+1.6%+2.0%+8.3%
Q1 2018-5.0%-3.8%+7.0%
Q4 2017+4.0%-1.5%-0.9%
Q3 2017+0.2%-1.3%-1.7%
Q2 2017-8.8%-7.0%-6.4%
Q1 2017+0.1%-1.3%-3.8%
Q4 2016-1.0%-0.3%+3.1%
Q3 2016+6.3%+8.8%+23.7%
Q2 2016-1.6%-0.3%-1.9%
Q1 2016-0.6%
Q4 2015+0.3%
Q3 2015-4.1%
Q2 2015+1.9%
Q1 2015-1.2%
Q4 2014-0.7%
Q3 2014-0.1%
Q2 2014+5.2%
Q1 2014+3.2%
Q4 2013+2.0%
Q3 2013-6.9%
Q2 2013+2.9%
Q1 2013-1.7%
Q4 2012-2.7%
Q3 2012+1.6%
Q2 2012+4.1%
Q1 2012-5.6%
Q4 2011+0.3%
Q3 2011-2.4%
Q2 2011-2.8%
Q1 2010-1.4%
Q1 2011-1.4%
Q4 2008-1.1%
Q4 2010-1.1%
Q3 2010+0.3%
Q3 2009+0.3%
Q2 2010+1.2%
Q2 2009+1.2%
Q4 2009+1.2%

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