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Side-by-side financial comparison of LANDSTAR SYSTEM INC (LSTR) and Primerica, Inc. (PRI). Click either name above to swap in a different company.

LANDSTAR SYSTEM INC is the larger business by last-quarter revenue ($1.2B vs $853.7M, roughly 1.4× Primerica, Inc.). Primerica, Inc. runs the higher net margin — 23.1% vs 3.4%, a 19.7% gap on every dollar of revenue. On growth, Primerica, Inc. posted the faster year-over-year revenue change (11.0% vs 1.6%). Over the past eight quarters, Primerica, Inc.'s revenue compounded faster (7.2% CAGR vs -2.2%).

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, ...

Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.

LSTR vs PRI — Head-to-Head

Bigger by revenue
LSTR
LSTR
1.4× larger
LSTR
$1.2B
$853.7M
PRI
Growing faster (revenue YoY)
PRI
PRI
+9.4% gap
PRI
11.0%
1.6%
LSTR
Higher net margin
PRI
PRI
19.7% more per $
PRI
23.1%
3.4%
LSTR
Faster 2-yr revenue CAGR
PRI
PRI
Annualised
PRI
7.2%
-2.2%
LSTR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LSTR
LSTR
PRI
PRI
Revenue
$1.2B
$853.7M
Net Profit
$39.4M
$197.0M
Gross Margin
9.6%
Operating Margin
4.5%
28.9%
Net Margin
3.4%
23.1%
Revenue YoY
1.6%
11.0%
Net Profit YoY
32.3%
17.9%
EPS (diluted)
$1.16
$6.11

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
LSTR
LSTR
PRI
PRI
Q1 26
$1.2B
Q4 25
$1.2B
$853.7M
Q3 25
$1.2B
$839.9M
Q2 25
$1.2B
$793.3M
Q1 25
$1.2B
$804.8M
Q4 24
$1.2B
$768.8M
Q3 24
$1.2B
$774.1M
Q2 24
$1.2B
$803.4M
Net Profit
LSTR
LSTR
PRI
PRI
Q1 26
$39.4M
Q4 25
$23.9M
$197.0M
Q3 25
$19.4M
$206.8M
Q2 25
$41.9M
$178.3M
Q1 25
$29.8M
$169.1M
Q4 24
$46.2M
$167.1M
Q3 24
$50.0M
$164.4M
Q2 24
$52.6M
$1.2M
Gross Margin
LSTR
LSTR
PRI
PRI
Q1 26
9.6%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
98.0%
Operating Margin
LSTR
LSTR
PRI
PRI
Q1 26
4.5%
Q4 25
2.5%
28.9%
Q3 25
2.2%
32.3%
Q2 25
4.6%
29.6%
Q1 25
3.4%
27.5%
Q4 24
4.8%
64.7%
Q3 24
5.2%
32.9%
Q2 24
5.6%
1.0%
Net Margin
LSTR
LSTR
PRI
PRI
Q1 26
3.4%
Q4 25
2.0%
23.1%
Q3 25
1.6%
24.6%
Q2 25
3.5%
22.5%
Q1 25
2.6%
21.0%
Q4 24
3.8%
21.7%
Q3 24
4.1%
21.2%
Q2 24
4.3%
0.1%
EPS (diluted)
LSTR
LSTR
PRI
PRI
Q1 26
$1.16
Q4 25
$0.70
$6.11
Q3 25
$0.56
$6.35
Q2 25
$1.20
$5.40
Q1 25
$0.85
$5.05
Q4 24
$1.30
$4.92
Q3 24
$1.41
$4.83
Q2 24
$1.48
$0.03

Balance Sheet & Financial Strength

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

Metric
LSTR
LSTR
PRI
PRI
Cash + ST InvestmentsLiquidity on hand
$411.0M
$756.2M
Total DebtLower is stronger
$26.1M
Stockholders' EquityBook value
$799.0M
$2.4B
Total Assets
$1.6B
$15.0B
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSTR
LSTR
PRI
PRI
Q1 26
$411.0M
Q4 25
$452.2M
$756.2M
Q3 25
$434.4M
$644.9M
Q2 25
$426.2M
$621.2M
Q1 25
$473.4M
$625.1M
Q4 24
$566.6M
$687.8M
Q3 24
$531.3M
$550.1M
Q2 24
$504.0M
$627.3M
Total Debt
LSTR
LSTR
PRI
PRI
Q1 26
$26.1M
Q4 25
$0
Q3 25
$0
Q2 25
$0
Q1 25
$0
Q4 24
$0
Q3 24
$0
Q2 24
$0
Stockholders' Equity
LSTR
LSTR
PRI
PRI
Q1 26
$799.0M
Q4 25
$795.7M
$2.4B
Q3 25
$888.7M
$2.3B
Q2 25
$921.8M
$2.3B
Q1 25
$930.8M
$2.3B
Q4 24
$972.4M
$2.3B
Q3 24
$1.0B
$1.9B
Q2 24
$1.0B
$2.1B
Total Assets
LSTR
LSTR
PRI
PRI
Q1 26
$1.6B
Q4 25
$1.6B
$15.0B
Q3 25
$1.7B
$14.8B
Q2 25
$1.7B
$14.8B
Q1 25
$1.7B
$14.6B
Q4 24
$1.8B
$14.6B
Q3 24
$1.8B
$14.8B
Q2 24
$1.8B
$14.6B
Debt / Equity
LSTR
LSTR
PRI
PRI
Q1 26
0.03×
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
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
LSTR
LSTR
PRI
PRI
Operating Cash FlowLast quarter
$338.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSTR
LSTR
PRI
PRI
Q1 26
Q4 25
$72.7M
$338.2M
Q3 25
$89.3M
$202.9M
Q2 25
$7.1M
$162.6M
Q1 25
$55.7M
$197.5M
Q4 24
$61.1M
$270.6M
Q3 24
$83.1M
$207.3M
Q2 24
$48.1M
$173.3M
Free Cash Flow
LSTR
LSTR
PRI
PRI
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
LSTR
LSTR
PRI
PRI
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
LSTR
LSTR
PRI
PRI
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
LSTR
LSTR
PRI
PRI
Q1 26
Q4 25
3.04×
1.72×
Q3 25
4.61×
0.98×
Q2 25
0.17×
0.91×
Q1 25
1.87×
1.17×
Q4 24
1.32×
1.62×
Q3 24
1.66×
1.26×
Q2 24
0.91×
147.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSTR
LSTR

Segment breakdown not available.

PRI
PRI

Revenues From Sources Other Than Contracts With Customers$445.9M52%
Investment And Savings Products Segment Revenues$340.3M40%
Other$56.5M7%
Segment Revenues From Contracts With Customers$11.0M1%

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