Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Landstar System's share price for the quarter that ended in Dec. 2023 was $193.65. Landstar System's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 36 Mil. Therefore, Landstar System's market cap for the quarter that ended in Dec. 2023 was $6,917 Mil.
Landstar System's quarterly market cap
declined
from Jun. 2023 ($6,921 Mil) to Sep. 2023 ($6,360 Mil) but then
increased
from Sep. 2023 ($6,360 Mil) to Dec. 2023 ($6,917 Mil).
Landstar System's annual market cap
declined
from Dec. 2021 ($6,748 Mil) to Dec. 2022 ($5,853 Mil) but then
increased
from Dec. 2022 ($5,853 Mil) to Dec. 2023 ($6,917 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Landstar System's Enterprise Value for Today is $5,747 Mil.
Landstar System Market Cap Historical Data
The historical data trend for Landstar System's Market Cap 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.
Competitive Comparison of Landstar System's Market Cap
For the Integrated Freight & Logistics subindustry, Landstar System's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Landstar System's Market Cap distribution charts can be found below:
* The bar in red indicates where Landstar System's Market Cap falls into.
Landstar System Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Landstar System's Market Cap for the fiscal year that ended in Dec. 2023 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.
Landstar System (NAS:LSTR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Landstar System Market Cap Related Terms
Thank you for viewing the detailed overview of Landstar System's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Landstar System (Landstar System) Business Description
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.
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