Recent News
Jan. 28, 2026 — Landstar confirmed a strategic portfolio review and continued the sales process for its Landstar Metro unit as management narrows international exposure. Feb. 2, 2026 — Coverage reported a near-term operating hit tied to three crashes and a Texas court judgment, with insurance and claims rising sharply and management announcing an appeal. Feb. 3, 2026 — Company announced Terri Lewis will join as Chief Human Resources Officer effective Feb. 23, 2026.
Technical Analysis
Directional indicators show mixed-but-biased-positive signals: ADX at 15.8 indicates no strong trend, yet DI+ registered a dip & reversal while DI- is decreasing, which together point to bullish directional pressure despite the overall weak trend strength. That combination suggests near-term upside momentum may run without a sustained trend unless ADX strengthens.
MACD sits at 1.85 and is increasing, with the MACD line above the signal line (signal = 0.71); that cross confirms bullish momentum and aligns with short-term price strength against the company’s valuation, supporting a near-term positive price bias.
Price relationships reinforce the momentum view: the close at $163.27 trades above the 20‑day average ($154.48) and the 200‑day average ($137.89), with the 12‑day EMA (≈$157.04) trending up. These placements signal that recent buying pressure sits atop longer-term support, improving the likelihood of continuation into the coming weeks unless external fundamentals change.
MRO reads -15.14 and shows a dip & reversal; the negative MRO indicates price sits below model target and therefore carries potential upward pressure, consistent with MACD momentum and the DI+ reversal. That said, the magnitude implies moderate mean-reversion potential rather than an overextended move.
RSI at 56.57 and increasing reflects constructive momentum without overbought stress, leaving room for further strength while volatility measures remain muted; volume has lagged recent averages, which tempers the conviction of any breakout versus a measured drift higher.
Fundamental Analysis
Operating profitability weakened: operating (EBIT) margin stands at 2.43%, down 45.51% year-over-year and down 44.85% quarter-over-quarter. That decline links directly to elevated insurance and claims costs noted by management and reported litigation outcomes, reducing core margin contribution despite stable revenue.
Revenue dynamics show sequential improvement but muted annual expansion: quarter-over-quarter revenue growth ran +4.21%, while year-over-year revenue growth registered +5.86%. Top-line expansion failed to offset rising operating costs, producing the margin compression above.
Cash generation and capital allocation remain strengths. Cash and short-term investments total $452.2 million, operating cash flow approximates $72.7 million, and free cash flow equals $70.5 million with a free cash flow yield near 1.46%. The company repurchased shares during the period, supporting per‑share metrics and underpinning shareholder returns.
Balance sheet and leverage metrics provide flexibility: debt-to-equity measures ~16.8% and debt-to-assets ~8.2%, both materially below the industry peer mean, indicating conservative leverage and capacity to withstand episodic claim-related outflows. Current ratio sits at 1.75, above the industry peer mean, supporting near-term liquidity.
Valuation multiples show premium positioning: trailing P/E around 190 and forward P/E near 81, with price-to-book about 6.09—P/B sits above the industry peer mean and median. Return on equity registers roughly 3.01%, low versus typical peer profitability norms. WMDST values the stock as over‑valued, reflecting elevated multiples alongside margin pressure and earnings variability driven by claims and legal exposure.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-12-31 |
| REPORT DATE: | 2026-01-28 |
| NEXT REPORT DATE: | 2026-04-29 |
| CASH FLOW | Begin Period Cash Flow | $ 375.2 M |
| Operating Cash Flow | $ 72.7 M | |
| Capital Expenditures | $ -2.21 M | |
| Change In Working Capital | $ 35.5 M | |
| Dividends Paid | $ -13.66 M | |
| Cash Flow Delta | $ 21.5 M | |
| End Period Cash Flow | $ 396.7 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 1.2 B | |
| Forward Revenue | $ 698.8 M | |
| COSTS | ||
| Cost Of Revenue | $ 1.0 B | |
| Depreciation | $ 10.5 M | |
| Depreciation and Amortization | $ 10.5 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 1.1 B | |
| PROFITABILITY | ||
| Gross Profit | $ 155.5 M | |
| EBITDA | $ 39.1 M | |
| EBIT | $ 28.6 M | |
| Operating Income | $ 28.6 M | |
| Interest Income | $ -240.00 K | |
| Interest Expense | — | |
| Net Interest Income | $ -240.00 K | |
| Income Before Tax | $ 29.3 M | |
| Tax Provision | $ 5.4 M | |
| Tax Rate | 18.313 % | |
| Net Income | $ 23.9 M | |
| Net Income From Continuing Operations | $ 23.9 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.99 | |
| EPS Actual | $ 0.70 | |
| EPS Difference | $ -0.29 | |
| EPS Surprise | -29.293 % | |
| Forward EPS | $ 1.67 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 1.6 B | |
| Intangible Assets | $ 34.0 M | |
| Net Tangible Assets | $ 761.7 M | |
| Total Current Assets | $ 1.2 B | |
| Cash and Short-Term Investments | $ 452.2 M | |
| Cash | $ 396.7 M | |
| Net Receivables | $ 670.1 M | |
| Inventory | — | |
| Long-Term Investments | $ 124.3 M | |
| LIABILITIES | ||
| Accounts Payable | $ 369.6 M | |
| Short-Term Debt | $ 56.7 M | |
| Total Current Liabilities | $ 695.8 M | |
| Net Debt | — | |
| Total Debt | $ 133.5 M | |
| Total Liabilities | $ 840.3 M | |
| EQUITY | ||
| Total Equity | $ 795.7 M | |
| Retained Earnings | $ 2.9 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 23.36 | |
| Shares Outstanding | 34.059 M | |
| Revenue Per-Share | $ 34.48 | |
| VALUATION | Market Capitalization | $ 4.8 B |
| Enterprise Value | $ 4.5 B | |
| Enterprise Multiple | 115.89 | |
| Enterprise Multiple QoQ | 80.436 % | |
| Enterprise Multiple YoY | 34.976 % | |
| Enterprise Multiple IPRWA | LSTR: 115.89 high: 111.108 mean: 45.222 median: 34.234 low: -35.353 |
|
| EV/R | 3.854 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.056 | |
| Asset To Liability | 1.947 | |
| Debt To Capital | 0.144 | |
| Debt To Assets | 0.082 | |
| Debt To Assets QoQ | 8.382 % | |
| Debt To Assets YoY | 142.395 % | |
| Debt To Assets IPRWA | high: 0.794 median: 0.391 mean: 0.364 LSTR: 0.082 low: 0.033 |
|
| Debt To Equity | 0.168 | |
| Debt To Equity QoQ | 19.149 % | |
| Debt To Equity YoY | 167.288 % | |
| Debt To Equity IPRWA | high: 2.844 mean: 1.391 median: 1.342 LSTR: 0.168 low: 0.043 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 6.089 | |
| Price To Book QoQ | 21.3 % | |
| Price To Book YoY | -4.971 % | |
| Price To Book IPRWA | high: 10.221 LSTR: 6.089 median: 5.223 mean: 5.136 low: 0.232 |
|
| Price To Earnings (P/E) | 189.675 | |
| Price To Earnings QoQ | 78.14 % | |
| Price To Earnings YoY | 40.825 % | |
| Price To Earnings IPRWA | high: 219.55 LSTR: 189.675 mean: 72.613 median: 41.949 low: -140.344 |
|
| PE/G Ratio | -4.923 | |
| Price To Sales (P/S) | 4.125 | |
| Price To Sales QoQ | 11.461 % | |
| Price To Sales YoY | -19.938 % | |
| Price To Sales IPRWA | high: 17.053 LSTR: 4.125 mean: 4.051 median: 3.462 low: 0.815 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 81.146 | |
| Forward PE/G | -2.106 | |
| Forward P/S | 6.939 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 18.026 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.712 | |
| Asset Turnover Ratio QoQ | -0.685 % | |
| Asset Turnover Ratio YoY | 5.139 % | |
| Asset Turnover Ratio IPRWA | high: 0.761 LSTR: 0.712 mean: 0.367 median: 0.339 low: 0.008 |
|
| Receivables Turnover | 1.719 | |
| Receivables Turnover Ratio QoQ | 0.793 % | |
| Receivables Turnover Ratio YoY | -2.004 % | |
| Receivables Turnover Ratio IPRWA | high: 2.589 mean: 2.039 median: 1.983 LSTR: 1.719 low: 1.171 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 53.07 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | — | |
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 2.256 | |
| CapEx To Revenue | -0.002 | |
| CapEx To Depreciation | -0.21 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 795.7 M | |
| Net Invested Capital | $ 852.3 M | |
| Invested Capital | $ 852.3 M | |
| Net Tangible Assets | $ 761.7 M | |
| Net Working Capital | $ 520.5 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.65 | |
| Current Ratio | 1.748 | |
| Current Ratio QoQ | -13.088 % | |
| Current Ratio YoY | -10.849 % | |
| Current Ratio IPRWA | high: 2.155 LSTR: 1.748 mean: 1.247 median: 1.219 low: 0.829 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 3.417 | |
| Cost Of Debt | 0.646 % | |
| Interest Coverage Ratio | 24.425 | |
| Interest Coverage Ratio QoQ | -46.265 % | |
| Interest Coverage Ratio YoY | -47.074 % | |
| Interest Coverage Ratio IPRWA | LSTR: 24.425 high: 16.885 median: 9.917 mean: 9.087 low: -65.0 |
|
| Operating Cash Flow Ratio | 0.039 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 33.666 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 1.753 | |
| Dividend Payout Ratio | 0.571 | |
| Dividend Rate | $ 0.40 | |
| Dividend Yield | 0.003 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -1.58 % | |
| Revenue Growth | -2.567 % | |
| Revenue Growth QoQ | 420.69 % | |
| Revenue Growth YoY | 586.364 % | |
| Revenue Growth IPRWA | high: 18.902 % mean: 5.783 % median: 5.507 % LSTR: -2.567 % low: -7.198 % |
|
| Earnings Growth | -38.525 % | |
| Earnings Growth QoQ | -2411.038 % | |
| Earnings Growth YoY | 443.218 % | |
| Earnings Growth IPRWA | high: 88.889 % mean: 15.64 % median: 8.17 % LSTR: -38.525 % low: -75.342 % |
|
| MARGINS | ||
| Gross Margin | 13.241 % | |
| Gross Margin QoQ | 0.554 % | |
| Gross Margin YoY | 4.12 % | |
| Gross Margin IPRWA | high: 30.222 % median: 20.769 % mean: 17.663 % LSTR: 13.241 % low: 5.091 % |
|
| EBIT Margin | 2.431 % | |
| EBIT Margin QoQ | -44.85 % | |
| EBIT Margin YoY | -45.505 % | |
| EBIT Margin IPRWA | high: 10.777 % median: 8.096 % mean: 8.077 % LSTR: 2.431 % low: -49.872 % |
|
| Return On Sales (ROS) | 2.431 % | |
| Return On Sales QoQ | -44.85 % | |
| Return On Sales YoY | -45.505 % | |
| Return On Sales IPRWA | high: 10.519 % mean: 8.167 % median: 8.056 % LSTR: 2.431 % low: -7.05 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 70.5 M | |
| Free Cash Flow Yield | 1.455 % | |
| Free Cash Flow Yield QoQ | -24.572 % | |
| Free Cash Flow Yield YoY | 66.667 % | |
| Free Cash Flow Yield IPRWA | high: 4.561 % mean: 2.172 % median: 1.962 % LSTR: 1.455 % low: -3.721 % |
|
| Free Cash Growth | -18.057 % | |
| Free Cash Growth QoQ | -101.033 % | |
| Free Cash Growth YoY | -35.708 % | |
| Free Cash Growth IPRWA | high: 585.318 % median: 12.813 % mean: 9.091 % LSTR: -18.057 % low: -504.706 % |
|
| Free Cash To Net Income | 2.945 | |
| Cash Flow Margin | 2.308 % | |
| Cash Flow To Earnings | 1.132 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 1.452 % | |
| Return On Assets QoQ | 26.042 % | |
| Return On Assets YoY | -43.873 % | |
| Return On Assets IPRWA | high: 4.15 % median: 2.479 % mean: 1.939 % LSTR: 1.452 % low: -5.819 % |
|
| Return On Capital Employed (ROCE) | 3.037 % | |
| Return On Equity (ROE) | 0.03 | |
| Return On Equity QoQ | 38.091 % | |
| Return On Equity YoY | -36.653 % | |
| Return On Equity IPRWA | high: 0.11 median: 0.074 mean: 0.067 LSTR: 0.03 low: -0.25 |
|
| DuPont ROE | 2.843 % | |
| Return On Invested Capital (ROIC) | 2.737 % | |
| Return On Invested Capital QoQ | -34.973 % | |
| Return On Invested Capital YoY | -132.614 % | |
| Return On Invested Capital IPRWA | high: 8.168 % median: 4.936 % mean: 3.943 % LSTR: 2.737 % low: -6.797 % |
|