Company Information

  

Address: 13410 SUTTON PARK DRIVE SOUTH  
City: JACKSONVILLE 
State: FL 
Zip Code: 32224 
Telephone: 904-390-1224 

Description of Business

Primary SIC Code: 4213
(As filed with the SEC)  

Landstar System, Inc. was incorporated in January 1991 under the laws of the State of Delaware. It acquired all of the capital stock of its predecessor, Landstar System Holdings, Inc. ("LSHI") on March 28, 1991. Landstar System, Inc. has been a publicly held company since its initial public offering in March 1993. LSHI owns directly or indirectly all of the common stock of Landstar Ranger, Inc. ("Landstar Ranger"), Landstar Inway, Inc. ("Landstar Inway"), Landstar Ligon, Inc. ("Landstar Ligon"), Landstar Gemini, Inc. ("Landstar Gemini"), Landstar Transportation Logistics, Inc. ("Landstar Transportation Logistics"), Landstar Global Logistics, Inc. ("Landstar Global Logistics"), Landstar Express America, Inc. ("Landstar Express America"), Landstar Canada Holdings, Inc. ("LCHI"), Landstar Canada, Inc. ("Landstar Canada"), Landstar Contractor Financing, Inc. ("LCFI"), Risk Management Claim Services, Inc. ("RMCS") and Signature Insurance Company ("Signature").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20173.270.09026.18
12/20163.25NA26.25
09/20163.200.09021.28
06/20163.240.09021.19
03/20163.400.08019.00
12/20153.380.08017.35
09/20153.150.08020.15
06/20153.260.08020.51

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.14Total Liab/Total Assets0.51
Net Inc/Total Assets0.13Total Liab/Inv Cap0.83
Net Inc/Inv Cap0.20Total Liab/Comm Equity-0.57
Pretax Inc/Net Sales0.07Interest Coverage Ratio58.84
Net Inc/Net Sales0.04Curr Debt/Equity0.08
Cash Flow/Net Sales0.06LTD/Equity0.17
SG&A/NetSales0.13Total Debt/Equity0.25
Asset Utilization   Liquidity  
Net Receivables Turnover6.58Quick Ratio1.94
Inventory TurnoverNACurrent Ratio1.94
Inventory Day SalesNANet Rec/Curr Assets0.65
Net Sales/Work Cap8.87Inv/Curr AssetsNA
Net Sales/PP&E11.61  

Income Statement (Millions)

  7/1/2017 4/1/2017 12/31/2016 9/24/2016
Total Revenues(Net Sales) 870.43 780.91 892.83 787.94
Cost of Goods Sold 681.48 610.04 699.40 613.49
Selling & Admin Exps 111.14 102.12 112.16 99.84
Operating Income 61.02 52.33 63.77 58.46
Interest Exp 0.82 1.08 1.07 0.95
Pretax Income 60.20 51.25 62.70 57.51
Other Income -6.90 -6.48 -7.82 -7.14
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 37.51 32.38 39.57 36.28

Balance Sheet (Millions)

Assets 7/1/2017 4/1/2017 12/31/2016 9/24/2016
Cash & Short Term Investments 273.27 277.53 245.46 227.48
Receivables - Total 500.99 463.39 481.67 426.14
Inventories - Total NA NA NA NA
Total Current Assets 793.55 749.01 737.41 668.81
Net Property, Plant & Equipment 259.35 263.38 272.84 261.94
Total Assets 1,159.27 1,106.14 1,096.59 1,027.76
Liabilities        
Accounts Payable 254.01 248.96 245.53 229.81
Debt in Current Liabilities 41.36 42.91 45.05 44.78
Total Current Liabilities 386.50 368.64 380.31 350.35
Long-Term Debt 77.64 82.99 93.26 90.82
Total Liabilities 549.78 532.40 554.03 521.03
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.68 0.68 0.68 0.68
Retained Earnings 1,575.34 1,541.61 1,512.99 1,477.18
Treasury Stock -1,167.60 -1,167.60 -1,167.44 -1,167.39
Total Stockholders' Equity 609.49 573.74 542.56 506.73
Total Liabilities and Stockholders' Equity 1,159.27 1,106.14 1,096.59 1,027.76

Cash Flow Summary (Millions)

Categories 7/1/2017 4/1/2017 12/31/2016 9/24/2016
Net Cash Provided by Operating Activities 17.85 61.95 18.95 66.16
Net Cash Provided by Investing Activities -0.87 -3.84 -3.60 -5.48
Net Cash Provided by Financing Activities -10.79 -21.68 -6.98 -43.06

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20122,770.80129.782.77
12/20132,664.78146.012.36
12/20143,184.79138.813.07
12/20153,321.09147.693.38
12/20163,167.63137.353.25
Growth Rates3.401.434.08

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1732442,147--




Report Date : 10/23/2017

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