As of May 3, 2024, the Landstar System stock's PE ratio is 27.71. This results from the current EPS of $6.5 and stock price of $180.14. The P/E ratio has grown by 13% from the past four quarters average of 24.4.
The PE ratio of Landstar System has averaged 20.79 over the last ten years. The current PE ratio of 27.71 is 33% above the historical average. Over the past ten years, LSTR's PE ratio was at its highest in the Mar 2024 quarter at 29.66, when the stock price was $192.76 and the EPS was $6.5. The lowest value was in the Sep 2022 quarter, when it reached 11.77 with a price of $142.74 and an EPS of $12.13.
Maximum annual increase: 89.96% in 2023
Maximum annual decrease: -37.66% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 26.31 | 89.96% |
| 2022 | 13.85 | -19.76% |
| 2021 | 17.26 | -36.5% |
| 2020 | 27.18 | 37.34% |
| 2019 | 19.79 | 28.67% |
| 2018 | 15.38 | -37.66% |
| 2017 | 24.67 | -5.73% |
| 2016 | 26.17 | 52.15% |
| 2015 | 17.2 | -28.57% |
| 2014 | 24.08 | 32.75% |
The current PE ratio of LSTR is greater than its 3, 5 and 10-year historical averages.
LSTR's PE ratio is lower than its peer stocks ODFL and KNX, but it is greater than JBHT's and WERN's. Landstar System's current PE ratio of 27.71 is below the average of its peers, which is 31.33.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WERN Werner Enterprises Inc | 20.51 | $2.3B |
| PTSI Pam Transportation Services Inc | 20.77 | $379.88M |
| JBHT Hunt J B Transport Services Inc | 26.03 | $17.09B |
| LSTR Landstar System Inc | 27.71 | $6.44B |
| ODFL Old Dominion Freight Line Inc | 32.64 | $40.28B |
| HTLD Heartland Express Inc | 56.68 | $851.37M |
| KNX Knight-Swift Transportation Holdings Inc | 69.22 | $7.61B |
LSTR's price to earnings ratio is 27.71 as of May 3, 2024.
As an average over the last 3 years, LSTR stock has a PE ratio of 18.6.
As an average over the last 5 years, LSTR stock has a PE ratio of 20.21.
In the last ten years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 29.66.
LSTR's price to earnings ratio is currently 33% above its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Landstar System's stock price is $180.14. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.5. Therefore, Landstar System's P/E ratio for today is 27.71. PE RATIO(27.71) = STOCK PRICE($180.14) / TTM EPS($6.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.