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Side-by-side financial comparison of LANDSTAR SYSTEM INC (LSTR) and Royalty Pharma plc (RPRX). Click either name above to swap in a different company.

LANDSTAR SYSTEM INC is the larger business by last-quarter revenue ($1.2B vs $622.0M, roughly 1.9× Royalty Pharma plc). Royalty Pharma plc runs the higher net margin — 34.4% vs 3.4%, a 31.1% gap on every dollar of revenue. On growth, Royalty Pharma plc posted the faster year-over-year revenue change (4.8% vs 1.6%). Over the past eight quarters, Royalty Pharma plc's revenue compounded faster (4.6% 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, ...

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

LSTR vs RPRX — Head-to-Head

Bigger by revenue
LSTR
LSTR
1.9× larger
LSTR
$1.2B
$622.0M
RPRX
Growing faster (revenue YoY)
RPRX
RPRX
+3.1% gap
RPRX
4.8%
1.6%
LSTR
Higher net margin
RPRX
RPRX
31.1% more per $
RPRX
34.4%
3.4%
LSTR
Faster 2-yr revenue CAGR
RPRX
RPRX
Annualised
RPRX
4.6%
-2.2%
LSTR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LSTR
LSTR
RPRX
RPRX
Revenue
$1.2B
$622.0M
Net Profit
$39.4M
$214.2M
Gross Margin
9.6%
Operating Margin
4.5%
62.4%
Net Margin
3.4%
34.4%
Revenue YoY
1.6%
4.8%
Net Profit YoY
32.3%
2.9%
EPS (diluted)
$1.16
$0.49

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
RPRX
RPRX
Q1 26
$1.2B
Q4 25
$1.2B
$622.0M
Q3 25
$1.2B
$609.3M
Q2 25
$1.2B
$578.7M
Q1 25
$1.2B
$568.2M
Q4 24
$1.2B
$593.6M
Q3 24
$1.2B
$564.7M
Q2 24
$1.2B
$537.3M
Net Profit
LSTR
LSTR
RPRX
RPRX
Q1 26
$39.4M
Q4 25
$23.9M
$214.2M
Q3 25
$19.4M
$288.2M
Q2 25
$41.9M
$30.2M
Q1 25
$29.8M
$238.3M
Q4 24
$46.2M
$208.2M
Q3 24
$50.0M
$544.0M
Q2 24
$52.6M
$102.0M
Gross Margin
LSTR
LSTR
RPRX
RPRX
Q1 26
9.6%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
LSTR
LSTR
RPRX
RPRX
Q1 26
4.5%
Q4 25
2.5%
62.4%
Q3 25
2.2%
70.1%
Q2 25
4.6%
36.3%
Q1 25
3.4%
94.0%
Q4 24
4.8%
60.9%
Q3 24
5.2%
Q2 24
5.6%
50.2%
Net Margin
LSTR
LSTR
RPRX
RPRX
Q1 26
3.4%
Q4 25
2.0%
34.4%
Q3 25
1.6%
47.3%
Q2 25
3.5%
5.2%
Q1 25
2.6%
41.9%
Q4 24
3.8%
35.1%
Q3 24
4.1%
96.3%
Q2 24
4.3%
19.0%
EPS (diluted)
LSTR
LSTR
RPRX
RPRX
Q1 26
$1.16
Q4 25
$0.70
$0.49
Q3 25
$0.56
$0.67
Q2 25
$1.20
$0.07
Q1 25
$0.85
$0.55
Q4 24
$1.30
$0.46
Q3 24
$1.41
$1.21
Q2 24
$1.48
$0.23

Balance Sheet & Financial Strength

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

Metric
LSTR
LSTR
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$411.0M
$618.7M
Total DebtLower is stronger
$26.1M
$9.0B
Stockholders' EquityBook value
$799.0M
$9.7B
Total Assets
$1.6B
$19.6B
Debt / EquityLower = less leverage
0.03×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSTR
LSTR
RPRX
RPRX
Q1 26
$411.0M
Q4 25
$452.2M
$618.7M
Q3 25
$434.4M
$938.9M
Q2 25
$426.2M
$631.9M
Q1 25
$473.4M
$1.1B
Q4 24
$566.6M
$929.0M
Q3 24
$531.3M
$950.1M
Q2 24
$504.0M
$1.8B
Total Debt
LSTR
LSTR
RPRX
RPRX
Q1 26
$26.1M
Q4 25
$0
$9.0B
Q3 25
$0
$8.9B
Q2 25
$0
$8.0B
Q1 25
$0
$7.6B
Q4 24
$0
$7.6B
Q3 24
$0
$7.6B
Q2 24
$0
$7.6B
Stockholders' Equity
LSTR
LSTR
RPRX
RPRX
Q1 26
$799.0M
Q4 25
$795.7M
$9.7B
Q3 25
$888.7M
$9.6B
Q2 25
$921.8M
$9.5B
Q1 25
$930.8M
$9.8B
Q4 24
$972.4M
$10.3B
Q3 24
$1.0B
$10.3B
Q2 24
$1.0B
$9.8B
Total Assets
LSTR
LSTR
RPRX
RPRX
Q1 26
$1.6B
Q4 25
$1.6B
$19.6B
Q3 25
$1.7B
$19.3B
Q2 25
$1.7B
$18.3B
Q1 25
$1.7B
$17.6B
Q4 24
$1.8B
$18.2B
Q3 24
$1.8B
$18.0B
Q2 24
$1.8B
$17.7B
Debt / Equity
LSTR
LSTR
RPRX
RPRX
Q1 26
0.03×
Q4 25
0.00×
0.92×
Q3 25
0.00×
0.93×
Q2 25
0.00×
0.84×
Q1 25
0.00×
0.78×
Q4 24
0.00×
0.74×
Q3 24
0.00×
0.74×
Q2 24
0.00×
0.78×

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
RPRX
RPRX
Operating Cash FlowLast quarter
$827.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSTR
LSTR
RPRX
RPRX
Q1 26
Q4 25
$72.7M
$827.1M
Q3 25
$89.3M
$702.6M
Q2 25
$7.1M
$364.0M
Q1 25
$55.7M
$596.1M
Q4 24
$61.1M
$742.5M
Q3 24
$83.1M
$703.6M
Q2 24
$48.1M
$658.2M
Free Cash Flow
LSTR
LSTR
RPRX
RPRX
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
RPRX
RPRX
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
RPRX
RPRX
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
RPRX
RPRX
Q1 26
Q4 25
3.04×
3.86×
Q3 25
4.61×
2.44×
Q2 25
0.17×
12.06×
Q1 25
1.87×
2.50×
Q4 24
1.32×
3.57×
Q3 24
1.66×
1.29×
Q2 24
0.91×
6.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSTR
LSTR

Segment breakdown not available.

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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