Landstar System Inc

NASDAQ LSTR

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Landstar System Inc Net Debt to EBITDA Ratio 3 year CAGR for the quarter ending March 31, 2024: 111.42%

Landstar System Inc Net Debt to EBITDA Ratio 3 year CAGR is 111.42% for the quarter ending March 31, 2024, a 217.31% change year over year. The net debt to EBITDA ratio measures the level of a company's net debt relative to its earnings before interest, taxes, depreciation, and amortization (EBITDA). It is calculated by dividing the net debt (total debt minus cash and cash equivalents) by EBITDA. This ratio provides insights into the company's ability to repay its debt using its operating earnings. A higher ratio indicates a higher level of debt relative to earnings, suggesting potential financial risk and difficulty in debt repayment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Landstar System Inc Net Debt to EBITDA Ratio for the quarter ending March 31, 2023 was -1.83, a -342.86% change year over year.
  • Landstar System Inc Net Debt to EBITDA Ratio for the quarter ending March 31, 2022 was 0.76, a 244.47% change year over year.
  • Landstar System Inc Net Debt to EBITDA Ratio for the quarter ending March 31, 2021 was -0.52, a 29.70% change year over year.
  • Landstar System Inc Net Debt to EBITDA Ratio for the quarter ending March 31, 2020 was -0.74, a 44.39% change year over year.
NASDAQ: LSTR

Landstar System Inc

CEO Mr. James B. Gattoni
IPO Date March 5, 1993
Location United States
Headquarters 13410 Sutton Park Drive South, Jacksonville, FL, United States, 32224
Employees 1,468
Sector Industrials
Industry Integrated freight & logistics
Description

Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. It operates through two segments: Transportation Logistics and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, such as third party logistics and less-than-truckload services. It provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads, certain short-line railroads, and asset-based intermodal equipment; and domestic and international air and ocean services. This segment serves the automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment provides risk and claims management services; and reinsures risks of the company's independent contractors. It markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was incorporated in 1991 and is headquartered in Jacksonville, Florida.

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StockViz Staff

September 19, 2024

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