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Landstar System Inc balance sheet

At the end of fiscal 2025, Landstar System Inc had total assets of $1.64bn and shareholders' equity of $796m. It held $397m in cash against $0 of debt: net cash of $397m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents86458174180164115179242200320249216340481515397297
Receivables2793073684093794934634636416925897641,154968744684670892
Total current assets4274215525926827326567379619719981,2081,5231,4391,3531,3201,2161,372
Goodwill575757573131313139383941414142413434
Total assets6496848088799711,0389921,0971,3521,3811,4281,6542,0451,9321,8021,8131,6361,808
Accounts payable121137163189158220224219294314272381604527396384370482
Total current liabilities2592783313443764103703805495365538061,010878675673696766
Long-term debt68122132114102000000000000—
Total debt9312213211410211100000075670000
Shareholders' equity268251301379454488466543651687721692862887984972796830
Net debt (negative = net cash)7775140−79−53−115−179−242−200−320−249−140−272−481−515−397−297

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Landstar System Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Landstar System Inc.