← LANDSTAR SYSTEM INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $178.9m | $242.4m | $199.7m | $319.5m | $249.4m | $215.5m | $339.6m | $481.0m | $515.0m | $396.7m | |
| Short-term Investments | $66.6m | $48.9m | $40.1m | $32.9m | $41.4m | $35.8m | $54.0m | $59.7m | $51.6m | $55.5m | |
| Assets, Current | $737.4m | $961.2m | $971.4m | $997.9m | $1.2b | $1.5b | $1.4b | $1.4b | $1.3b | $1.2b | |
| Property, Plant and Equipment, Net | $272.8m | $276.0m | $284.0m | $285.9m | $297.0m | $317.4m | $315.0m | $284.3m | $311.3m | $261.3m | |
| Goodwill | $31.1m | $39.1m | $38.2m | $38.5m | $40.9m | $40.8m | $41.2m | $42.3m | $40.9m | $34.0m | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | — | — | — | $1.7m | $1.1m | $615k | |
| Other Assets, Noncurrent | $55.2m | $76.2m | $86.9m | $105.5m | $107.7m | $164.4m | $136.3m | $122.5m | $141.2m | $124.3m | |
| Additional Financial Items | |||||||||||
| Assets | $1.1b | $1.4b | $1.4b | $1.4b | $1.7b | $2.0b | $1.9b | $1.8b | $1.8b | $1.6b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | — | — | — | $782k | $832k | $520k | $289k | |
| Accounts Payable, Current | $219.4m | $285.1m | $314.1m | $272.0m | $380.5m | $604.1m | $527.4m | $396.0m | $383.6m | $369.6m | |
| Operating Lease, Liability, Noncurrent | — | — | — | — | — | — | $1.3m | $863k | $542k | $326k | |
| Dividends Payable, Current | — | $63.0m | — | $78.9m | $76.8m | $75.4m | $71.9m | $71.4m | $70.6m | $68.1m | |
| Liabilities, Current | $380.3m | $548.6m | $535.8m | $552.9m | $806.1m | $1.0b | $878.1m | $675.2m | $673.2m | $695.8m | |
| Long Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred Tax Liabilities, Net | $52.1m | $35.1m | $37.2m | $42.0m | $42.9m | $39.1m | $31.4m | $24.0m | $17.6m | $20.9m | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $676k | $677k | $679k | $681k | $682k | $682k | $684k | $685k | $686k | $686k | |
| Retained Earnings (Accumulated Deficit) | $1.5b | $1.6b | $1.8b | $2.0b | $2.0b | $2.3b | $2.6b | $2.8b | $2.9b | $2.9b | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($3.1m) | ($3.2m) | ($5.9m) | ($2.2m) | ($2.0m) | ($5.4m) | ($15.0m) | ($6.9m) | ($12.0m) | ($5.7m) | |
| Additional Paid in Capital, Common Stock | $199.4m | $209.6m | $226.9m | $226.1m | $228.9m | $255.1m | $258.5m | $254.6m | $255.3m | $261.3m | |
| Stockholders' Equity Attributable to Parent | $542.6m | $650.7m | $686.8m | $721.5m | $691.8m | $862.0m | $887.2m | $983.9m | $972.4m | $795.7m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | $3.2m | $2.3m | — | — | — | — | — | — | — | |
| Liabilities and Equity | $1.1b | $1.4b | $1.4b | $1.4b | $1.7b | $2.0b | $1.9b | $1.8b | $1.8b | $1.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.