Landstar System
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Landstar System's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 29% to $5,303,322,000. Profit margin reached 5%. Total operating expenses were $380,228,000.
Profit Margin
| 2014 | 3.18B | 138.80M | 4.36% |
|---|---|---|---|
| 2015 | 3.32B | 147.68M | 4.45% |
| 2016 | 3.16B | 137.35M | 4.34% |
| 2017 | 3.64B | 177.08M | 4.86% |
| 2018 | 4.61B | 255.28M | 5.53% |
| 2019 | 4.08B | 227.72M | 5.58% |
| 2020 | 4.13B | 192.10M | 4.65% |
| 2021 | 6.53B | 381.52M | 5.84% |
| 2022 | 7.43B | 430.91M | 5.79% |
| 2023 | 5.30B | 264.39M | 4.99% |
LSTR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 5.30B | 7.43B | 6.53B | 4.13B | 4.08B | 4.61B | 3.64B | 3.16B | 3.32B | 3.18B |
Cost of revenue | 4.58B | 6.47B | 5.67B | 3.57B | 3.51B | 3.99B | 3.14B | 2.71B | 2.85B | 2.73B |
Gross profit | 714.23M | 960.22M | 866.08M | 553.49M | 570.40M | 623.61M | 503.28M | 451.97M | 470.38M | 445.29M |
Operating exp. | ||||||||||
Research and development | 0 | 33K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 614.86M | 507.20M | 328.18M | 342.22M | 378.00M | 297.41M | 264.20M | 270.26M | 250.78M |
Total operating expenses | 380.22M | 392.30M | 363.27M | 285.86M | 276.54M | 295.69M | 261.81M | 230.22M | 230.07M | 222.30M |
Operating income | 344.14M | 571.08M | 505.66M | 252.95M | 298.90M | 331.73M | 243.96M | 223.25M | 241.70M | 224.37M |
Other income (expenses), net | 3.94M | -3.62M | -3.97M | -3.95M | -3.14M | 3.81M | -3.16M | 1.50M | -2.94M | -3.17M |
Income before tax | 348.09M | 567.46M | 501.69M | 248.99M | 295.76M | 328.38M | 240.80M | 219.45M | 238.75M | 221.19M |
Income tax expense | 83.70M | 136.54M | 120.16M | 56.89M | 68.06M | 73.16M | 63.80M | 82.10M | 91.06M | 82.38M |
Net income | 264.39M | 430.91M | 381.52M | 192.10M | 227.72M | 255.28M | 177.08M | 137.35M | 147.68M | 138.80M |
Earnings per share | ||||||||||
Basic EPS | 7.36 | 11.99 | 10.12 | 4.98 | 5.72 | 6.19 | 4.22 | 3.26 | 3.38 | 3.09 |
Diluted EPS | 7.36 | 11.76 | 9.98 | 4.98 | 5.72 | 6.18 | 4.21 | 3.25 | 3.37 | 3.07 |
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