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Dec 28, 2024

Landstar Q4 2024 Earnings Report

Landstar reported Q4 2024 earnings with revenue of $1.209 billion and EPS of $1.31.

Key Takeaways

Landstar System, Inc. reported Q4 2024 revenue of $1.209 billion and EPS of $1.31. The company saw year-over-year quarterly revenue growth for the first time since Q3 2022, driven by increased truck pricing and strong performance in unsided/platform services.

Landstar's Q4 2024 revenue reached $1.209 billion, marking year-over-year growth.

Basic and diluted EPS for Q4 2024 were reported at $1.31.

Truck transportation revenue accounted for 89% of the total revenue, amounting to $1.081 billion.

Revenue from truckload transportation via unsided/platform equipment increased to $362 million compared to $340 million in the previous year.

Total Revenue
$1.21B
Previous year: $1.2B
+0.4%
EPS
$1.31
Previous year: $1.62
-19.1%
BCO Trucks
8.84K
Previous year: 9.81K
-9.8%
Gross Profit
$109M
Previous year: $125M
-12.2%
Cash and Equivalents
$515M
Previous year: $481M
+7.1%
Total Assets
$1.81B
Previous year: $1.8B
+0.6%

Landstar

Landstar

Landstar Revenue by Segment

Forward Guidance

The Landstar network is optimistic for an improved freight transportation environment and will continue to strive each day to improve our safety performance and deliver great service to our customers.

Revenue & Expenses

Visualization of income flow from segment revenue to net income