Landstar SystemLSTR +0.38%79 Return-on-Tangible-Equity is 20.67% as of Mar. 2026, which is 32% below its 10-year median of 30.56. GuruFocus rates LSTR with a GF Score™ of 79/100 and a GF Value™ of $159.62 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 975 Transportation companies, Landstar System ranks better than 70.56% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Landstar System's annualized net income for the quarter that ended in Mar. 2026 was $158 Mil. Landstar System's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $763 Mil. Therefore, Landstar System's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.67%.
The historical rank and industry rank for Landstar System's Return-on-Tangible-Equity or its related term are showing as below:
LSTR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.58 Med: 30.56 Max: 51.83
Current: 15.01
During the past 13 years, Landstar System's highest Return-on-Tangible-Equity was 51.83%. The lowest was 13.58%. And the median was 30.56%.
LSTR's Return-on-Tangible-Equity is ranked better than 70.56% of 975
companies
in the Transportation industry
Industry Median: 9
vs LSTR: 15.01
Landstar System (NAS:LSTR) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Landstar System Return-on-Tangible-Equity Related Terms
Landstar System Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Landstar System's Return-on-Tangible-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.
LSTR vs GXO, HUBG, PBI: Return-on-Tangible-Equity Comparison
For the Integrated Freight & Logistics subindustry, Landstar System's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Landstar System's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Landstar System's Return-on-Tangible-Equity falls into.
* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.67% mean?
Landstar System (LSTR) has a Return-on-Tangible-Equity of 20.67% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Landstar System and its competitors. This is 32% below median its historical median of 30.56. Over the past decade, Landstar System's Return-on-Tangible-Equity has ranged from 13.58 to 51.83. According to the industry distribution chart, Landstar System ranks #287 out of 975 companies in the Transportation industry, placing it in the top 29.4%.
Is Landstar System's Return-on-Tangible-Equity too high?
Landstar System's current Return-on-Tangible-Equity of 20.67% is 32% below median its 10-year median of 30.56. Over the past 10 years, this metric has ranged from a low of 13.58 to a high of 51.83. The Transportation industry median Return-on-Tangible-Equity is 9.00. Landstar System's value of 20.67% is 129.7% above this industry median. Based on the distribution chart, Landstar System ranks #287 out of 975 companies in the Transportation industry, which is above the industry midpoint. 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 Return-on-Tangible-Equity compare to GXO and HUBG?
According to the Transportation industry distribution chart, Landstar System ranks #287 out of 975 companies for Return-on-Tangible-Equity. This puts Landstar System in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.00. Landstar System's value of 20.67% is 129.7% above this benchmark. Historically, Landstar System's own Return-on-Tangible-Equity has ranged from 13.58 to 51.83 over the past decade. While the company's 10-year median is 30.56 vs. the industry median of 9.00, Landstar System has consistently been above 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 Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 975 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Landstar System's current Return-on-Tangible-Equity of 20.67% is 129.7% above 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Landstar System and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landstar System's current Return-on-Tangible-Equity is 20.67%, which is 32% below median its own 10-year median of 30.56. 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 $159.62, compared to a current price of $209.80 — trading 31.4% above its estimated fair value. The current Return-on-Tangible-Equity is 20.67%, which is 32% below median its 10-year median of 30.56 and 129.7% above the Transportation industry median of 9.00. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Landstar System (LSTR), the current Return-on-Tangible-Equity is 20.67% 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 $209.80 is trading 31.4% above its estimated GF Value™ of $159.62.
GuruFocus considers Landstar System to be Significantly Overvalued.
Key valuation signals for LSTR:
Return-on-Tangible-Equity: 20.67% (32% below median its 10-year median of 30.56)
GF Value™: $159.62 vs. price of $209.80 (31.4% above fair value)
Industry Position: 129.7% above the Transportation median (#287 of 975)
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 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
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