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Landstar System (STU:LDS) Gross-Profit-to-Asset % : 34.81% (As of Mar. 2024)


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What is Landstar System Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Landstar System's annualized Gross Profit for the quarter that ended in Mar. 2024 was €567 Mil. Landstar System's average Total Assets over the quarter that ended in Mar. 2024 was €1,629 Mil. Therefore, Landstar System's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 34.81%.


Landstar System Gross-Profit-to-Asset % Historical Data

The historical data trend for Landstar System's Gross-Profit-to-Asset % 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.

* Premium members only.

Landstar System Gross-Profit-to-Asset % Chart

Landstar System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.09 34.41 48.36 49.89 37.68

Landstar System Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 40.84 39.65 37.78 35.62 34.81

Competitive Comparison of Landstar System's Gross-Profit-to-Asset %

For the Integrated Freight & Logistics subindustry, Landstar System's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Transportation Industry

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

* The bar in red indicates where Landstar System's Gross-Profit-to-Asset % falls into.



Landstar System Gross-Profit-to-Asset % Calculation

Landstar System's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=654.957/( (1823.694+1652.293)/ 2 )
=654.957/1737.9935
=37.68 %

Landstar System's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=567.08/( (1652.293+1606.174)/ 2 )
=567.08/1629.2335
=34.81 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Landstar System Gross-Profit-to-Asset % Related Terms

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Landstar System (STU:LDS) Business Description

Traded in Other Exchanges
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 (90% of revenue). Historically, roughly 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.

Landstar System (STU:LDS) Headlines

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