Landstar System (FRA:LDS) Gross Margin %: 13.80% (As of Mar. 2026) — Near Median


FRA:LDS Landstar System Inc FRA:LDS
81 GF Score
Price €183.00
GF Value €139.75
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Landstar System Gross Margin %?

Landstar System FRA:LDS +1.67% 81 Gross Margin % is 13.80% as of Mar. 2026, which is 3% above its 10-year median of 13.43. GuruFocus rates FRA:LDS with a GF Score™ of 81/100 and a GF Value™ of €139.75 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 977 Transportation companies, Landstar System ranks worse than 68.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Landstar System's Gross Profit for the three months ended in Mar. 2026 was €140 Mil. Landstar System's Revenue for the three months ended in Mar. 2026 was €1,013 Mil. Therefore, Landstar System's Gross Margin % for the quarter that ended in Mar. 2026 was 13.80%.


The historical rank and industry rank for Landstar System's Gross Margin % or its related term are showing as below:

FRA:LDS' s Gross Margin % Range Over the Past 10 Years
Min: 12.91   Med: 13.43   Max: 14.27
Current: 13.32


During the past 13 years, the highest Gross Margin % of Landstar System was 14.27%. The lowest was 12.91%. And the median was 13.43%.

FRA:LDS's Gross Margin % is ranked worse than
68.17% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs FRA:LDS: 13.32

Landstar System had a gross margin of 13.80% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Landstar System was -0.40% per year.


Landstar System  (FRA:LDS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Landstar System had a gross margin of 13.80% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Landstar System Gross Margin % Related Terms


Landstar System Gross Margin % Historical Data

* Premium members only.

The historical data trend for Landstar System's Gross Margin % 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 Gross Margin % Chart

Landstar System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.25 12.91 13.47 12.96 13.10

Landstar System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 12.94 13.07 13.17 13.24 13.80

FRA:LDS vs GXO, HUBG, PBI: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, Landstar System's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Landstar System's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Landstar System's Gross Margin % falls into.


FRA:LDS
81GF Score
Landstar System Inc FRA:LDS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Landstar System Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Landstar System's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=530.9 / 4051.171
=(Revenue - Cost of Goods Sold) / Revenue
=(4051.171 - 3520.297) / 4051.171
=13.10 %

Landstar System's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=139.8 / 1013.167
=(Revenue - Cost of Goods Sold) / Revenue
=(1013.167 - 873.391) / 1013.167
=13.80 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 13.80% mean?
Landstar System (FRA:LDS) has a Gross Margin % of 13.80% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Landstar System and its competitors. This is near median its historical median of 13.43. Over the past decade, Landstar System's Gross Margin % has ranged from 12.91 to 14.27. According to the industry distribution chart, Landstar System ranks #666 out of 977 companies in the Transportation industry, placing it in the top 68.2%.
Is Landstar System's Gross Margin % too high?
Landstar System's current Gross Margin % of 13.80% is near median its 10-year median of 13.43. Over the past 10 years, this metric has ranged from a low of 12.91 to a high of 14.27. The Transportation industry median Gross Margin % is 20.42. Landstar System's value of 13.80% is 32.4% below this industry median. Based on the distribution chart, Landstar System ranks #666 out of 977 companies in the Transportation industry, which is below the industry midpoint. Overall, Landstar System has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Landstar System's Gross Margin % compare to GXO and HUBG?
According to the Transportation industry distribution chart, Landstar System ranks #666 out of 977 companies for Gross Margin %. This places Landstar System in the lower half of its industry. The industry median Gross Margin % is 20.42. Landstar System's value of 13.80% is 32.4% below this benchmark. Historically, Landstar System's own Gross Margin % has ranged from 12.91 to 14.27 over the past decade. While the company's 10-year median is 13.43 vs. the industry median of 20.42, 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 Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Landstar System's current Gross Margin % of 13.80% is 32.4% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Landstar System and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landstar System's current Gross Margin % is 13.80%, which is near median its own 10-year median of 13.43. 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 (FRA:LDS) is currently considered Significantly Overvalued. The stock's GF Value™ is €139.75, compared to a current price of €183.00 — trading 30.9% above its estimated fair value. The current Gross Margin % is 13.80%, which is near median its 10-year median of 13.43 and 32.4% below the Transportation industry median of 20.42. Landstar System's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Landstar System (FRA:LDS), the current Gross Margin % is 13.80% 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 (FRA:LDS) Overvalued in 2026?

Based on GuruFocus' analysis, Landstar System stock appears to be overvalued. The current stock price of €183.00 is trading 30.9% above its estimated GF Value™ of €139.75. GuruFocus considers Landstar System to be Significantly Overvalued.

Key valuation signals for FRA:LDS:

  • Gross Margin %: 13.80% (near median its 10-year median of 13.43)
  • GF Value™: €139.75 vs. price of €183.00 (30.9% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 32.4% below the Transportation median (#666 of 977)

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


Landstar System Business Description

Other Exchanges LSTR:USA
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.
81GF Score

Get the complete analysis for FRA:LDS

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€183.00
Price
€139.75
GF Value