Landstar System Inc (LSTR)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,430,870 | 4,430,260 | 4,507,880 | 4,654,070 | 4,919,120 | 5,382,620 | 5,904,740 | 6,497,900 | 7,032,000 | 7,296,830 | 7,213,480 | 6,826,060 | 6,161,220 | 5,542,750 | 4,923,110 | 4,191,883 | 3,829,140 | 3,603,369 | 3,539,537 | 3,766,847 |
| Revenue (ttm) | US$ in thousands | 4,819,240 | 4,814,350 | 4,889,820 | 5,038,680 | 5,303,320 | 5,773,650 | 6,300,440 | 6,901,640 | 7,436,560 | 7,706,810 | 7,624,980 | 7,220,640 | 6,537,570 | 5,888,910 | 5,240,160 | 4,492,954 | 4,132,990 | 3,831,509 | 3,757,619 | 3,979,145 |
| Gross profit margin | 91.94% | 92.02% | 92.19% | 92.37% | 92.76% | 93.23% | 93.72% | 94.15% | 94.56% | 94.68% | 94.60% | 94.54% | 94.24% | 94.12% | 93.95% | 93.30% | 92.65% | 94.05% | 94.20% | 94.66% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,430,870K ÷ $4,819,240K
= 91.94%
Landstar System Inc has consistently maintained a high gross profit margin, indicating strong profitability in its core operations. The gross profit margin has ranged from 91.94% to 94.68% over the period from December 31, 2022, to September 30, 2024. Although there has been a slight decrease in the margin over this period, the company's ability to generate profits from its core business activities remains robust. It is essential for investors and analysts to monitor trends in gross profit margin to assess Landstar's efficiency in controlling production costs and pricing strategies.
Peer comparison
Dec 31, 2024