Landstar System Inc (LSTR)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 258,402 | 344,149 | 571,083 | 505,668 | 252,950 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 972,439 | 983,923 | 887,221 | 862,010 | 691,835 |
| Return on total capital | 26.57% | 34.98% | 64.37% | 58.66% | 36.56% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $258,402K ÷ ($—K + $972,439K)
= 26.57%
Landstar System Inc's return on total capital has shown fluctuations over the years. The metric increased substantially from 36.56% at the end of December 31, 2020, to 58.66% by the end of December 31, 2021. The trend continued with a further rise to 64.37% by the end of December 31, 2022. However, there was a decline in the return on total capital to 34.98% by the end of December 31, 2023, followed by a further decrease to 26.57% at the end of December 31, 2024. Overall, the company has experienced periods of strong performance in terms of return on total capital, but the recent downward trend may indicate a potential need to evaluate capital allocation strategies or operational efficiency to sustain or improve returns in the future.
Peer comparison
Dec 31, 2024