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Ken GriffinAdded
Citadel Advisors · Q2 2026
$6.93M
33.49K shares · 0.0% of portfolio
Landstar System Inc
Landstar System Inc (LSTR) is listed on NASDAQ and classified in Integrated Freight & Logistics, part of the Industrials sector. It is headquartered in Jacksonville, United States and has 1,300 employees. The company is worth $5.75B and trades at 43.9x its earnings of the last twelve months; the median for its sector is 24.3x. Revenue was $4.74B in fiscal 2025, down 1.6% from the year before. Net income was $115.01M. The share price is 25.9% below its 52-week high of $228.46. It pays a dividend yielding 2.15%, and has raised its annual dividend for 11 years in a row in our records. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $438.97M. In that quarter, 6 of them opened or added to the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +1.8% over 5Y.
today you would have $1,079.64▲ +8.0%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $143.70 | $171.86 | $193.65 | $162.90 | $179.02 | $134.66 | $113.87 | $95.67 | $104.10 | $85.30 | $58.65 | $72.53 | $57.45 | $52.46 | $47.92 | $40.94 | $38.77 | $38.43 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Median P/E of 24.3 among peers in the sector.
Median P/E of 21.6 across this company’s own years on record.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.2x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 7.0% a year against a 8.5% required return, from the stock’s beta.
Companies of similar size in Industrials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| AAONAAON Inc | $69.62 | 39.6x | 5.7x | 0.57% | 17.28% | $5.74B |
| BBUCBrookfield Business Corp | $28.05 | — | 1.1x | 0.89% | 1.98% | $5.76B |
| FLRFluor Corp | $43.42 | — | 2.2x | 0.00% | -45.17% | $5.81B |
| JBTMJBT MAREL Corp | $109.69 |
| P/E | 21.6x | 43.4x | 31.2x | 26.3x | 13.9x | 17.9x | 27.0x | 19.9x | 15.5x | 24.7x | 26.2x | 17.4x | 23.6x | 18.2x | 18.9x | 20.1x | 23.1x | 28.3x | 18.3x |
| P/S | 1.0x | 1.0x | 1.3x | 1.3x | 0.8x | 1.0x | 1.3x | 1.1x | 0.8x | 1.2x | 1.1x | 0.7x | 1.0x | 1.0x | 0.9x | 0.9x | 0.8x | 1.0x | — |
| P/B | 6.6x | 6.2x | 6.2x | 7.0x | 6.6x | 7.7x | 7.5x | 6.2x | 5.6x | 6.7x | 6.6x | 5.3x | 6.7x | 5.8x | 6.4x | 7.4x | 7.8x | 7.4x | 8.0x |
| EPS | $3.31 | $5.51 | $7.36 | $11.76 | $9.98 | $4.98 | $5.72 | $6.18 | $4.21 | $3.25 | $3.37 | $3.07 | $3.16 | $2.77 | $2.38 | $1.77 | $1.37 | $2.10 |
| Dividend yield | 1.00% | 2.48% | 1.97% | 1.68% | 1.90% | 1.63% | 2.07% | 0.61% | 2.23% | 0.37% | 0.40% | 2.22% | 0.36% | 0.61% | 1.39% | 0.44% | 0.46% | 0.44% | 0.41% |
| Payout | 19.38% | 107.55% | 61.34% | 44.29% | 26.36% | 29.26% | 56.02% | 12.24% | 34.47% | 9.03% | 10.46% | 38.58% | 8.47% | 11.08% | 26.35% | 8.82% | 10.73% | 12.41% | 7.43% |
| Profit margin | 4.65% | 2.42% | 4.07% | 4.99% | 5.79% | 5.84% | 4.65% | 5.58% | 5.53% | 4.86% | 4.34% | 4.45% | 4.36% | 5.48% | 4.68% | 4.30% | 3.65% | 3.50% | — |
| ROE | 31.62% | 14.45% | 20.15% | 26.87% | 48.57% | 44.26% | 27.77% | 31.56% | 37.17% | 27.22% | 25.32% | 31.68% | 28.43% | 32.13% | 34.20% | 37.60% | 34.87% | 26.25% | 43.82% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 4 families.
Room for errors in the reported numbers.
-21.5% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 30.3x |
| 1.3x |
| 0.36% |
| 4.37% |
| $5.69B |
| NPOEnpro Inc. | $267.21 | 142.9x | 3.6x | 0.48% | 2.86% | $5.66B |
| GXOGXO Logistics, Inc. | $48.91 | 42.9x | 1.9x | 0.00% | 4.50% | $5.61B |
