Landstar System Inc (LSTR)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 254,326 272,025 289,134 307,657 348,095 395,650 446,707 507,763 567,463 591,212 589,208 561,176 501,692 437,349 388,246 298,170 248,997 231,258 219,788 268,725
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
Pretax margin 5.28% 5.65% 5.91% 6.11% 6.56% 6.85% 7.09% 7.36% 7.63% 7.67% 7.73% 7.77% 7.67% 7.43% 7.41% 6.64% 6.02% 6.04% 5.85% 6.75%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $254,326K ÷ $4,819,240K
= 5.28%

Landstar System Inc's pretax margin has shown fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The pretax margin started at 6.75% in March 2020, decreased to a low of 5.28% by December 2024. Overall, the trend indicates a gradual decline in pretax margin during this period, with some minor peaks observed in June 2022 and December 2023. It is essential for the company to closely monitor and manage its operating expenses and revenue generation strategies to improve and sustain its pretax margin over time.