LSTR (Landstar System) Debt-to-Equity: 0.16 (As of Mar. 2026) — 24% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSTR Landstar System Inc LSTR
79 GF Score
Price $211.85
GF Value $161.67
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Landstar System Debt-to-Equity?

Landstar System LSTR +1.93% 79 Debt-to-Equity is 0.16 as of Mar. 2026, which is 24% below its 10-year median of 0.21. GuruFocus rates LSTR with a GF Score™ of 79/100 and a GF Value™ of $161.67 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 909 Transportation companies, Landstar System ranks better than 80.09% on this metric.

Landstar System's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $81 Mil. Landstar System's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $43 Mil. Landstar System's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $799 Mil. Landstar System's debt to equity for the quarter that ended in Mar. 2026 was 0.15.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Landstar System's Debt-to-Equity or its related term are showing as below:

LSTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.21   Max: 0.32
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Landstar System was 0.32. The lowest was 0.12. And the median was 0.21.

LSTR's Debt-to-Equity is ranked better than
80.09% of 909 companies
in the Transportation industry
Industry Median: 0.53 vs LSTR: 0.16

Landstar System  (NAS:LSTR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Landstar System Debt-to-Equity Related Terms


Landstar System Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Landstar System's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Landstar System Debt-to-Equity Chart

Landstar System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.22 0.14 0.17 0.17

Landstar System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.16 0.14 0.17 0.16

LSTR vs GXO, HUBG, PBI: Debt-to-Equity Comparison

For the Integrated Freight & Logistics subindustry, Landstar System's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Landstar System Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Landstar System's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Landstar System's Debt-to-Equity falls into.


LSTR
79GF Score
Landstar System Inc LSTR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Landstar System Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Landstar System's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Landstar System's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.16 mean?
Landstar System (LSTR) has a Debt-to-Equity of 0.16 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Landstar System and its competitors. This is 24% below median its historical median of 0.21. Over the past decade, Landstar System's Debt-to-Equity has ranged from 0.12 to 0.32. According to the industry distribution chart, Landstar System ranks #181 out of 909 companies in the Transportation industry, placing it in the top 19.9%.
Is Landstar System's Debt-to-Equity too high?
Landstar System's current Debt-to-Equity of 0.16 is 24% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.32. The Transportation industry median Debt-to-Equity is 0.53. Landstar System's value of 0.16 is 69.8% below this industry median. Based on the distribution chart, Landstar System ranks #181 out of 909 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Landstar System has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Landstar System's Debt-to-Equity compare to GXO and HUBG?
According to the Transportation industry distribution chart, Landstar System ranks #181 out of 909 companies for Debt-to-Equity. This places Landstar System in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.53. Landstar System's value of 0.16 is 69.8% below this benchmark. Historically, Landstar System's own Debt-to-Equity has ranged from 0.12 to 0.32 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.53, Landstar System has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 909 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Landstar System's current Debt-to-Equity of 0.16 is 69.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Landstar System and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landstar System's current Debt-to-Equity is 0.16, which is 24% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landstar System stock overvalued right now?
Based on GuruFocus' analysis, Landstar System (LSTR) is currently considered Significantly Overvalued. The stock's GF Value™ is $161.67, compared to a current price of $211.85 — trading 31% above its estimated fair value. The current Debt-to-Equity is 0.16, which is 24% below median its 10-year median of 0.21 and 69.8% below the Transportation industry median of 0.53. Landstar System's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Landstar System (LSTR), the current Debt-to-Equity is 0.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Landstar System (LSTR) Overvalued in 2026?

Based on GuruFocus' analysis, Landstar System stock appears to be overvalued. The current stock price of $211.85 is trading 31% above its estimated GF Value™ of $161.67. GuruFocus considers Landstar System to be Significantly Overvalued.

Key valuation signals for LSTR:

  • Debt-to-Equity: 0.16 (24% below median its 10-year median of 0.21)
  • GF Value™: $161.67 vs. price of $211.85 (31% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 69.8% below the Transportation median (#181 of 909)

No single metric tells the full story. See the LSTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Landstar System Business Description

Other Exchanges LDS:Germany
Address 13410 Sutton Park Drive South, Jacksonville, FL, USA, 32224
Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage. Historically, around half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.
79GF Score

Get the complete analysis for LSTR

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$211.85
Price
$161.67
GF Value