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Side-by-side financial comparison of Liberty Global Ltd. (LBTYA) and LANDSTAR SYSTEM INC (LSTR). Click either name above to swap in a different company.

Liberty Global Ltd. is the larger business by last-quarter revenue ($1.2B vs $1.2B, roughly 1.1× LANDSTAR SYSTEM INC). LANDSTAR SYSTEM INC runs the higher net margin — 3.4% vs -237.0%, a 240.3% gap on every dollar of revenue. On growth, Liberty Global Ltd. posted the faster year-over-year revenue change (187.2% vs 1.6%). Over the past eight quarters, LANDSTAR SYSTEM INC's revenue compounded faster (-2.2% CAGR vs -20.4%).

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

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, ...

LBTYA vs LSTR — Head-to-Head

Bigger by revenue
LBTYA
LBTYA
1.1× larger
LBTYA
$1.2B
$1.2B
LSTR
Growing faster (revenue YoY)
LBTYA
LBTYA
+185.6% gap
LBTYA
187.2%
1.6%
LSTR
Higher net margin
LSTR
LSTR
240.3% more per $
LSTR
3.4%
-237.0%
LBTYA
Faster 2-yr revenue CAGR
LSTR
LSTR
Annualised
LSTR
-2.2%
-20.4%
LBTYA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LBTYA
LBTYA
LSTR
LSTR
Revenue
$1.2B
$1.2B
Net Profit
$-2.9B
$39.4M
Gross Margin
66.8%
9.6%
Operating Margin
-8.6%
4.5%
Net Margin
-237.0%
3.4%
Revenue YoY
187.2%
1.6%
Net Profit YoY
-230.0%
32.3%
EPS (diluted)
$-8.66
$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
LBTYA
LBTYA
LSTR
LSTR
Q1 26
$1.2B
Q4 25
$1.2B
$1.2B
Q3 25
$1.2B
$1.2B
Q2 25
$1.3B
$1.2B
Q1 25
$1.2B
$1.2B
Q4 24
$-1.4B
$1.2B
Q3 24
$1.9B
$1.2B
Q2 24
$1.9B
$1.2B
Net Profit
LBTYA
LBTYA
LSTR
LSTR
Q1 26
$39.4M
Q4 25
$-2.9B
$23.9M
Q3 25
$-90.7M
$19.4M
Q2 25
$-2.8B
$41.9M
Q1 25
$-1.3B
$29.8M
Q4 24
$2.2B
$46.2M
Q3 24
$-1.4B
$50.0M
Q2 24
$268.1M
$52.6M
Gross Margin
LBTYA
LBTYA
LSTR
LSTR
Q1 26
9.6%
Q4 25
66.8%
Q3 25
67.5%
Q2 25
63.3%
Q1 25
65.6%
Q4 24
Q3 24
69.4%
Q2 24
68.5%
Operating Margin
LBTYA
LBTYA
LSTR
LSTR
Q1 26
4.5%
Q4 25
-8.6%
2.5%
Q3 25
-0.7%
2.2%
Q2 25
2.3%
4.6%
Q1 25
5.2%
3.4%
Q4 24
4.8%
Q3 24
5.2%
5.2%
Q2 24
1.0%
5.6%
Net Margin
LBTYA
LBTYA
LSTR
LSTR
Q1 26
3.4%
Q4 25
-237.0%
2.0%
Q3 25
-7.5%
1.6%
Q2 25
-220.1%
3.5%
Q1 25
-114.2%
2.6%
Q4 24
-158.9%
3.8%
Q3 24
-74.1%
4.1%
Q2 24
14.3%
4.3%
EPS (diluted)
LBTYA
LBTYA
LSTR
LSTR
Q1 26
$1.16
Q4 25
$-8.66
$0.70
Q3 25
$-0.27
$0.56
Q2 25
$-8.09
$1.20
Q1 25
$-3.84
$0.85
Q4 24
$6.15
$1.30
Q3 24
$-3.95
$1.41
Q2 24
$0.71
$1.48

Balance Sheet & Financial Strength

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

Metric
LBTYA
LBTYA
LSTR
LSTR
Cash + ST InvestmentsLiquidity on hand
$2.2B
$411.0M
Total DebtLower is stronger
$7.8B
$26.1M
Stockholders' EquityBook value
$9.7B
$799.0M
Total Assets
$22.6B
$1.6B
Debt / EquityLower = less leverage
0.80×
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBTYA
LBTYA
LSTR
LSTR
Q1 26
$411.0M
Q4 25
$2.2B
$452.2M
Q3 25
$1.7B
$434.4M
Q2 25
$3.1B
$426.2M
Q1 25
$2.0B
$473.4M
Q4 24
$2.2B
$566.6M
Q3 24
$3.3B
$531.3M
Q2 24
$3.2B
$504.0M
Total Debt
LBTYA
LBTYA
LSTR
LSTR
Q1 26
$26.1M
Q4 25
$7.8B
$0
Q3 25
$7.8B
$0
Q2 25
$7.8B
$0
Q1 25
$8.2B
$0
Q4 24
$8.2B
$0
Q3 24
$14.9B
$0
Q2 24
$14.7B
$0
Stockholders' Equity
LBTYA
LBTYA
LSTR
LSTR
Q1 26
$799.0M
Q4 25
$9.7B
$795.7M
Q3 25
$12.7B
$888.7M
Q2 25
$13.0B
$921.8M
Q1 25
$12.6B
$930.8M
Q4 24
$12.4B
$972.4M
Q3 24
$18.7B
$1.0B
Q2 24
$18.3B
$1.0B
Total Assets
LBTYA
LBTYA
LSTR
LSTR
Q1 26
$1.6B
Q4 25
$22.6B
$1.6B
Q3 25
$25.4B
$1.7B
Q2 25
$27.2B
$1.7B
Q1 25
$26.0B
$1.7B
Q4 24
$25.4B
$1.8B
Q3 24
$41.8B
$1.8B
Q2 24
$40.8B
$1.8B
Debt / Equity
LBTYA
LBTYA
LSTR
LSTR
Q1 26
0.03×
Q4 25
0.80×
0.00×
Q3 25
0.61×
0.00×
Q2 25
0.60×
0.00×
Q1 25
0.65×
0.00×
Q4 24
0.66×
0.00×
Q3 24
0.80×
0.00×
Q2 24
0.80×
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
LBTYA
LBTYA
LSTR
LSTR
Operating Cash FlowLast quarter
$630.9M
Free Cash FlowOCF − Capex
$193.3M
FCF MarginFCF / Revenue
15.7%
Capex IntensityCapex / Revenue
35.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-132.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBTYA
LBTYA
LSTR
LSTR
Q1 26
Q4 25
$630.9M
$72.7M
Q3 25
$301.8M
$89.3M
Q2 25
$149.2M
$7.1M
Q1 25
$129.2M
$55.7M
Q4 24
$791.6M
$61.1M
Q3 24
$449.5M
$83.1M
Q2 24
$546.1M
$48.1M
Free Cash Flow
LBTYA
LBTYA
LSTR
LSTR
Q1 26
Q4 25
$193.3M
$70.5M
Q3 25
$-41.1M
$86.0M
Q2 25
$-170.1M
$4.7M
Q1 25
$-114.1M
$53.8M
Q4 24
$712.9M
$54.4M
Q3 24
$102.4M
$75.6M
Q2 24
$256.8M
$40.6M
FCF Margin
LBTYA
LBTYA
LSTR
LSTR
Q1 26
Q4 25
15.7%
6.0%
Q3 25
-3.4%
7.1%
Q2 25
-13.4%
0.4%
Q1 25
-9.7%
4.7%
Q4 24
-50.5%
4.5%
Q3 24
5.3%
6.2%
Q2 24
13.7%
3.3%
Capex Intensity
LBTYA
LBTYA
LSTR
LSTR
Q1 26
Q4 25
35.5%
0.2%
Q3 25
28.4%
0.3%
Q2 25
25.2%
0.2%
Q1 25
20.8%
0.2%
Q4 24
-5.6%
0.6%
Q3 24
17.9%
0.6%
Q2 24
15.4%
0.6%
Cash Conversion
LBTYA
LBTYA
LSTR
LSTR
Q1 26
Q4 25
3.04×
Q3 25
4.61×
Q2 25
0.17×
Q1 25
1.87×
Q4 24
0.35×
1.32×
Q3 24
1.66×
Q2 24
2.04×
0.91×

Financial Flow Comparison

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

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