Landstar System Inc (LSTR)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 248,907 344,149 571,083 505,668 252,950
Revenue US$ in thousands 4,819,240 5,303,320 7,436,560 6,537,570 4,132,980
Operating profit margin 5.16% 6.49% 7.68% 7.73% 6.12%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $248,907K ÷ $4,819,240K
= 5.16%

Landstar System Inc's operating profit margin has exhibited fluctuations over the past five years. In December 2020, the operating profit margin stood at 6.12%, showing a slight increase to 7.73% by December 2021. However, in the following year, it decreased slightly to 7.68%. Subsequently, there was a decline in the operating profit margin to 6.49% by December 2023 and dropped further to 5.16% by December 2024. These variations indicate changes in the company's ability to generate operating profits relative to its revenue, suggesting potential shifts in cost structures, pricing strategies, or operational efficiency during the period under review.