Landstar System, Inc.

LSTRNASDAQIndustrials● Active

$228.00

+$9.94(+4.56%)

Market Cap$7.7B

P/E Ratio—

52W High$228.19

52W Low$119.32

Avg Volume473K

Open$219.70

Beta0.88

Free Cash Flow Financials Revenue

Landstar System, Inc. (LSTR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LSTR · free cash flow · updated Jun 8, 2026

Core FCF metrics

LSTR · FCF · TTM · margin & CAGR

Free cash flow was $215.0M for FY2025 (fiscal year ending 2025-12-27), down 15.9% year-over-year The FCF margin was 4.5%. Five-year CAGR stands at +3.6%.

FY2025 Free Cash Flow$215.0M▼ -15.9% YoY

Trailing 12M (TTM)$233.6Mtrailing 4 quarters sum

FCF Margin4.5%$215.0M ÷ revenue

3-Year CAGR-28.8%FY2022 → FY2025

5-Year CAGR+3.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LSTR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$224.9M(10M)$215.0M▼ 15.9%4.5%

FY2024$286.6M(31M)$255.6M▼ 30.5%5.3%

FY2023$393.6M(26M)$368.0M▼ 38.3%6.9%

FY2022$622.7M(26M)$596.7M▲ +135.4%8.0%

FY2021$276.7M(23M)$253.5M▲ +40.8%3.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LSTR · P/FCF · FCF yield · FCF per share

Landstar System, Inc. (LSTR) trades at a FCF yield of 3.02% and a price-to-free-cash-flow ratio of 33.9x. FCF per share stands at $6.73, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.02%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.73

TTM FCF ÷ Shares Outstanding

Price / FCF

x33.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x31.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-27

Cash flow statement summary

LSTR · cash flow statement · operating / investing / financing

For FY2025, Landstar System, Inc. generated $224.9M in operating cash flow and spent 10M in capital expenditures, yielding $215.0M in free cash flow.

Operating Activities

+$224.9M

Cash from core business operations

2025-12-27

Investing Activities

−$2.4M

CapEx, acquisitions & investments

2025-12-27

Financing Activities

−$343.1M

Buybacks, dividends & debt

2025-12-27

FCF FormulaOperating CF ($224.9M) − |CapEx| (10M) = FCF ($215.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

LSTR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Landstar System, Inc.YOU

LSTR

$215.0M-15.9%4.5%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Landstar System, Inc. (LSTR) reported free cash flow of $215.0M for FY2025 (fiscal year ending 2025-12-27), down 15.9% year-over-year. The FCF margin was 4.5%.

Based on available data, Landstar System, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $596.7M in FY2022. The 5-year CAGR stands at +3.6%.

Landstar System, Inc.'s FCF yield is 3.02% and price-to-FCF ratio is 33.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LSTR free cash flow · 8 questions

Landstar System, Inc. free cash flow was $215.0M for FY2025, down 15.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $233.6M.

LSTR free cash flowLSTR FCFLSTR FCF 2025LSTR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Landstar System, Inc. · Landstar System, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026