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Side-by-side financial comparison of Equity Residential (EQR) and LANDSTAR SYSTEM INC (LSTR). Click either name above to swap in a different company.

LANDSTAR SYSTEM INC is the larger business by last-quarter revenue ($1.2B vs $781.9M, roughly 1.5× Equity Residential). Equity Residential runs the higher net margin — 48.9% vs 3.4%, a 45.5% gap on every dollar of revenue. On growth, Equity Residential posted the faster year-over-year revenue change (2.0% vs 1.6%). Over the past eight quarters, Equity Residential's revenue compounded faster (3.4% CAGR vs -2.2%).

Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.

Landstar System, Inc. is an American transportation services company specializing in logistics and, more specifically, third-party logistics. Landstar utilizes an extensive network of over 8,800 independent owner-operators, referred to internally as business capacity owners (BCOs), over 1,000 independent freight agents, and over 70,000 vetted carriers. Landstar provides services principally throughout the United States and to a lesser extent in Canada and between the U.S. and Canada, Mexico, ...

EQR vs LSTR — Head-to-Head

Bigger by revenue
LSTR
LSTR
1.5× larger
LSTR
$1.2B
$781.9M
EQR
Growing faster (revenue YoY)
EQR
EQR
+0.3% gap
EQR
2.0%
1.6%
LSTR
Higher net margin
EQR
EQR
45.5% more per $
EQR
48.9%
3.4%
LSTR
Faster 2-yr revenue CAGR
EQR
EQR
Annualised
EQR
3.4%
-2.2%
LSTR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EQR
EQR
LSTR
LSTR
Revenue
$781.9M
$1.2B
Net Profit
$382.1M
$39.4M
Gross Margin
9.6%
Operating Margin
50.6%
4.5%
Net Margin
48.9%
3.4%
Revenue YoY
2.0%
1.6%
Net Profit YoY
-8.8%
32.3%
EPS (diluted)
$1.01
$1.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQR
EQR
LSTR
LSTR
Q1 26
$1.2B
Q4 25
$781.9M
$1.2B
Q3 25
$782.4M
$1.2B
Q2 25
$768.8M
$1.2B
Q1 25
$760.8M
$1.2B
Q4 24
$766.8M
$1.2B
Q3 24
$748.3M
$1.2B
Q2 24
$734.2M
$1.2B
Net Profit
EQR
EQR
LSTR
LSTR
Q1 26
$39.4M
Q4 25
$382.1M
$23.9M
Q3 25
$289.1M
$19.4M
Q2 25
$192.4M
$41.9M
Q1 25
$256.6M
$29.8M
Q4 24
$419.1M
$46.2M
Q3 24
$143.4M
$50.0M
Q2 24
$177.5M
$52.6M
Gross Margin
EQR
EQR
LSTR
LSTR
Q1 26
9.6%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
EQR
EQR
LSTR
LSTR
Q1 26
4.5%
Q4 25
50.6%
2.5%
Q3 25
38.5%
2.2%
Q2 25
26.6%
4.6%
Q1 25
35.7%
3.4%
Q4 24
57.2%
4.8%
Q3 24
20.1%
5.2%
Q2 24
25.3%
5.6%
Net Margin
EQR
EQR
LSTR
LSTR
Q1 26
3.4%
Q4 25
48.9%
2.0%
Q3 25
36.9%
1.6%
Q2 25
25.0%
3.5%
Q1 25
33.7%
2.6%
Q4 24
54.7%
3.8%
Q3 24
19.2%
4.1%
Q2 24
24.2%
4.3%
EPS (diluted)
EQR
EQR
LSTR
LSTR
Q1 26
$1.16
Q4 25
$1.01
$0.70
Q3 25
$0.76
$0.56
Q2 25
$0.50
$1.20
Q1 25
$0.67
$0.85
Q4 24
$1.10
$1.30
Q3 24
$0.38
$1.41
Q2 24
$0.47
$1.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQR
EQR
LSTR
LSTR
Cash + ST InvestmentsLiquidity on hand
$55.9M
$411.0M
Total DebtLower is stronger
$8.2B
$26.1M
Stockholders' EquityBook value
$11.0B
$799.0M
Total Assets
$20.7B
$1.6B
Debt / EquityLower = less leverage
0.75×
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQR
EQR
LSTR
LSTR
Q1 26
$411.0M
Q4 25
$55.9M
$452.2M
Q3 25
$93.1M
$434.4M
Q2 25
$31.3M
$426.2M
Q1 25
$39.8M
$473.4M
Q4 24
$62.3M
$566.6M
Q3 24
$28.6M
$531.3M
Q2 24
$38.3M
$504.0M
Total Debt
EQR
EQR
LSTR
LSTR
Q1 26
$26.1M
Q4 25
$8.2B
$0
Q3 25
$0
Q2 25
$0
Q1 25
$0
Q4 24
$8.2B
$0
Q3 24
$0
Q2 24
$0
Stockholders' Equity
EQR
EQR
LSTR
LSTR
Q1 26
$799.0M
Q4 25
$11.0B
$795.7M
Q3 25
$11.1B
$888.7M
Q2 25
$11.0B
$921.8M
Q1 25
$11.0B
$930.8M
Q4 24
$11.0B
$972.4M
Q3 24
$10.9B
$1.0B
Q2 24
$11.0B
$1.0B
Total Assets
EQR
EQR
LSTR
LSTR
Q1 26
$1.6B
Q4 25
$20.7B
$1.6B
Q3 25
$21.1B
$1.7B
Q2 25
$21.0B
$1.7B
Q1 25
$20.6B
$1.7B
Q4 24
$20.8B
$1.8B
Q3 24
$20.9B
$1.8B
Q2 24
$19.8B
$1.8B
Debt / Equity
EQR
EQR
LSTR
LSTR
Q1 26
0.03×
Q4 25
0.75×
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.74×
0.00×
Q3 24
0.00×
Q2 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQR
EQR
LSTR
LSTR
Operating Cash FlowLast quarter
$387.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQR
EQR
LSTR
LSTR
Q1 26
Q4 25
$387.0M
$72.7M
Q3 25
$476.7M
$89.3M
Q2 25
$359.5M
$7.1M
Q1 25
$425.5M
$55.7M
Q4 24
$354.2M
$61.1M
Q3 24
$401.4M
$83.1M
Q2 24
$396.9M
$48.1M
Free Cash Flow
EQR
EQR
LSTR
LSTR
Q1 26
Q4 25
$70.5M
Q3 25
$86.0M
Q2 25
$4.7M
Q1 25
$53.8M
Q4 24
$54.4M
Q3 24
$75.6M
Q2 24
$40.6M
FCF Margin
EQR
EQR
LSTR
LSTR
Q1 26
Q4 25
6.0%
Q3 25
7.1%
Q2 25
0.4%
Q1 25
4.7%
Q4 24
4.5%
Q3 24
6.2%
Q2 24
3.3%
Capex Intensity
EQR
EQR
LSTR
LSTR
Q1 26
Q4 25
0.2%
Q3 25
0.3%
Q2 25
0.2%
Q1 25
0.2%
Q4 24
0.6%
Q3 24
0.6%
Q2 24
0.6%
Cash Conversion
EQR
EQR
LSTR
LSTR
Q1 26
Q4 25
1.01×
3.04×
Q3 25
1.65×
4.61×
Q2 25
1.87×
0.17×
Q1 25
1.66×
1.87×
Q4 24
0.85×
1.32×
Q3 24
2.80×
1.66×
Q2 24
2.24×
0.91×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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