Landstar System Inc (LSTR)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 1,813,310 | 1,757,260 | 1,755,200 | 1,745,840 | 1,801,850 | 1,852,530 | 1,837,760 | 1,837,860 | 1,931,880 | 1,988,540 | 2,017,070 | 2,045,810 | 2,045,460 | 1,914,040 | 1,703,210 | 1,574,460 | 1,653,800 | 1,392,200 | 1,272,110 | 1,236,430 |
| ROA | 10.81% | 11.82% | 12.50% | 13.36% | 14.67% | 16.18% | 18.41% | 20.91% | 22.31% | 22.68% | 22.28% | 20.98% | 18.65% | 17.41% | 17.41% | 14.51% | 11.62% | 12.72% | 13.24% | 16.60% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $195,946K ÷ $1,813,310K
= 10.81%
Landstar System Inc's return on assets (ROA) has shown a fluctuating trend over the past few years. Starting at 16.60% in March 2020, the ROA decreased to 10.81% by December 2024. The highest ROA was observed in June 2022 at 22.28%.
Overall, Landstar System Inc's ROA has displayed some variability, but it is essential to consider the reasons behind the fluctuations. A decreasing ROA over time could suggest inefficiencies in asset utilization or declining profitability, while an increasing trend may indicate improved efficiency in generating profits from its assets. Further analysis of the company's financial performance and operational strategies could provide insights into the underlying factors influencing the ROA fluctuations.
Peer comparison
Dec 31, 2024