Landstar System Inc (LSTR)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 254,326 | 348,095 | 567,463 | 501,692 | 248,997 |
| Revenue | US$ in thousands | 4,819,240 | 5,303,320 | 7,436,560 | 6,537,570 | 4,132,980 |
| Pretax margin | 5.28% | 6.56% | 7.63% | 7.67% | 6.02% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $254,326K ÷ $4,819,240K
= 5.28%
The pretax margin of Landstar System Inc, a key profitability metric, has exhibited some fluctuation over the past five years. It stood at 6.02% as of December 31, 2020, demonstrating a slight upward trend to 7.67% by the end of 2021. The margin remained relatively stable in 2022 at 7.63% before experiencing a modest decline to 6.56% in 2023. However, there was a more pronounced decrease to 5.28% by December 31, 2024. This downward trend in pretax margin could indicate potential challenges in managing expenses or sustaining revenue growth, prompting further analysis to understand the underlying reasons for this decrease.
Peer comparison
Dec 31, 2024