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 the following companies collectively referred to herein as Landstar's "Operating Subsidiaries": 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, Inc. ("Landstar Canada").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20184.820.15022.75
12/20174.211.50024.73
09/20173.400.10029.31
06/20173.270.09026.18
12/20163.25NA26.25
09/20163.200.09021.28
06/20163.240.09021.19
03/20163.400.08019.00

Key Financial Ratios and Statistics

FYE: 12/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.18Total Liab/Total Assets0.52
Net Inc/Total Assets0.13Total Liab/Inv Cap0.92
Net Inc/Inv Cap0.23Total Liab/Comm Equity-0.73
Pretax Inc/Net Sales0.07Interest Coverage Ratio77.06
Net Inc/Net Sales0.05Curr Debt/Equity0.06
Cash Flow/Net Sales0.04LTD/Equity0.13
SG&A/NetSales0.13Total Debt/Equity0.19
Asset Utilization   Liquidity  
Net Receivables Turnover6.41Quick Ratio1.75
Inventory TurnoverNACurrent Ratio1.75
Inventory Day SalesNANet Rec/Curr Assets0.68
Net Sales/Work Cap8.84Inv/Curr AssetsNA
Net Sales/PP&E13.21  

Income Statement (Millions)

  3/31/2018 12/30/2017 9/30/2017 7/1/2017
Total Revenues(Net Sales) 1,047.93 1,051.59 943.43 870.43
Cost of Goods Sold 827.66 831.38 744.75 681.48
Selling & Admin Exps 127.38 134.14 120.59 111.14
Operating Income 75.15 70.05 60.57 61.02
Interest Exp 0.80 0.61 0.66 0.82
Pretax Income 74.35 69.44 59.91 60.20
Other Income -6.74 -5.43 -7.39 -6.90
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 57.52 64.75 42.44 37.51

Balance Sheet (Millions)

Assets 3/31/2018 12/30/2017 9/30/2017 7/1/2017
Cash & Short Term Investments 259.62 291.34 295.43 273.27
Receivables - Total 659.71 655.47 565.53 500.99
Inventories - Total NA NA NA NA
Total Current Assets 928.70 961.20 877.88 793.55
Net Property, Plant & Equipment 265.54 276.01 261.47 259.35
Total Assets 1,320.27 1,352.46 1,263.34 1,159.27
Liabilities        
Accounts Payable 334.49 417.14 303.60 254.01
Debt in Current Liabilities 39.93 42.05 40.61 41.36
Total Current Liabilities 472.94 548.64 446.92 386.50
Long-Term Debt 73.35 83.06 76.79 77.64
Total Liabilities 617.53 701.79 612.98 549.78
Stockholder's Equity        
Minority Interest 3.54 3.21 3.62 NA
Preferred Stock NA NA NA NA
Common Stock 0.68 0.68 0.68 0.68
Retained Earnings 1,663.14 1,611.16 1,613.59 1,575.34
Treasury Stock -1,169.46 -1,167.60 -1,167.60 -1,167.60
Total Stockholders' Equity 702.74 650.67 650.36 609.49
Total Liabilities and Stockholders' Equity 1,320.27 1,352.46 1,263.34 1,159.27

Cash Flow Summary (Millions)

Categories 3/31/2018 12/30/2017 9/30/2017 7/1/2017
Net Cash Provided by Operating Activities 72.00 6.70 52.47 17.85
Net Cash Provided by Investing Activities -2.23 -7.17 -10.20 -0.87
Net Cash Provided by Financing Activities -91.27 -6.76 -15.17 -10.79

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20132,664.78146.012.36
12/20143,184.79138.813.07
12/20153,321.09147.693.38
12/20163,167.63137.353.25
12/20173,646.36177.094.21
Growth Rates8.164.9415.57

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1836741,59698.88




Report Date : 7/9/2018

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