Landstar System Inc (LSTR)

Net 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
Net income (ttm)	US$ in thousands	195,946	207,740	219,360	233,295	264,394	299,709	338,274	384,270	430,914	450,927	449,384	429,123	381,524	333,280	296,491	228,451	192,106	177,083	168,452	205,298
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
Net profit margin		4.07%	4.32%	4.49%	4.63%	4.99%	5.19%	5.37%	5.57%	5.79%	5.85%	5.89%	5.94%	5.84%	5.66%	5.66%	5.08%	4.65%	4.62%	4.48%	5.16%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $195,946K ÷ $4,819,240K
= 4.07%

The net profit margin of Landstar System Inc has exhibited some fluctuations over the past few years, starting at 5.16% in March 2020, dropping to a low of 4.32% in September 2024, and ending at 4.07% in December 2024. Generally, the company has managed to maintain its net profit margin above 4% during this period, indicating a reasonable level of profitability relative to its revenue. It is worth noting that there was an improvement in the net profit margin trend from the end of 2023 to the middle of 2024, but it experienced a decline afterwards. Monitoring the net profit margin is crucial as it provides insights into the company's ability to control costs and generate profit from its operations. Investors and stakeholders should keep an eye on future reports to assess the company's profitability sustainability.