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

LANDSTAR SYSTEM INC is the larger business by last-quarter revenue ($1.2B vs $621.3M, roughly 1.9× UNIFIRST CORP). UNIFIRST CORP runs the higher net margin — 5.5% vs 3.4%, a 2.2% gap on every dollar of revenue. On growth, UNIFIRST CORP posted the faster year-over-year revenue change (2.7% vs 1.6%). Over the past eight quarters, UNIFIRST CORP's revenue compounded faster (2.3% 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, ...

UniFirst Corporation is a uniform rental company based in Wilmington, Massachusetts, United States, that manufactures, sells, and rents uniforms and protective clothing. UniFirst employs more than 14,000 people and has over 260 facilities in the United States, Canada, and Europe, including customer service centers, nuclear decontamination facilities, cleanroom locations, distribution centers, and manufacturing plants.

LSTR vs UNF — Head-to-Head

Bigger by revenue
LSTR
LSTR
1.9× larger
LSTR
$1.2B
$621.3M
UNF
Growing faster (revenue YoY)
UNF
UNF
+1.1% gap
UNF
2.7%
1.6%
LSTR
Higher net margin
UNF
UNF
2.2% more per $
UNF
5.5%
3.4%
LSTR
Faster 2-yr revenue CAGR
UNF
UNF
Annualised
UNF
2.3%
-2.2%
LSTR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
LSTR
LSTR
UNF
UNF
Revenue
$1.2B
$621.3M
Net Profit
$39.4M
$34.4M
Gross Margin
9.6%
36.7%
Operating Margin
4.5%
7.3%
Net Margin
3.4%
5.5%
Revenue YoY
1.6%
2.7%
Net Profit YoY
32.3%
-20.3%
EPS (diluted)
$1.16
$1.89

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
UNF
UNF
Q1 26
$1.2B
Q4 25
$1.2B
$621.3M
Q3 25
$1.2B
$614.4M
Q2 25
$1.2B
$610.8M
Q1 25
$1.2B
Q4 24
$1.2B
$604.9M
Q3 24
$1.2B
$639.9M
Q2 24
$1.2B
$603.3M
Net Profit
LSTR
LSTR
UNF
UNF
Q1 26
$39.4M
Q4 25
$23.9M
$34.4M
Q3 25
$19.4M
$41.0M
Q2 25
$41.9M
$39.7M
Q1 25
$29.8M
Q4 24
$46.2M
$43.1M
Q3 24
$50.0M
$44.6M
Q2 24
$52.6M
$38.1M
Gross Margin
LSTR
LSTR
UNF
UNF
Q1 26
9.6%
Q4 25
36.7%
Q3 25
37.8%
Q2 25
36.9%
Q1 25
Q4 24
37.0%
Q3 24
36.1%
Q2 24
35.2%
Operating Margin
LSTR
LSTR
UNF
UNF
Q1 26
4.5%
Q4 25
2.5%
7.3%
Q3 25
2.2%
8.1%
Q2 25
4.6%
7.9%
Q1 25
3.4%
Q4 24
4.8%
9.2%
Q3 24
5.2%
8.4%
Q2 24
5.6%
8.0%
Net Margin
LSTR
LSTR
UNF
UNF
Q1 26
3.4%
Q4 25
2.0%
5.5%
Q3 25
1.6%
6.7%
Q2 25
3.5%
6.5%
Q1 25
2.6%
Q4 24
3.8%
7.1%
Q3 24
4.1%
7.0%
Q2 24
4.3%
6.3%
EPS (diluted)
LSTR
LSTR
UNF
UNF
Q1 26
$1.16
Q4 25
$0.70
$1.89
Q3 25
$0.56
$2.23
Q2 25
$1.20
$2.13
Q1 25
$0.85
Q4 24
$1.30
$2.31
Q3 24
$1.41
$2.39
Q2 24
$1.48
$2.03

Balance Sheet & Financial Strength

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

Metric
LSTR
LSTR
UNF
UNF
Cash + ST InvestmentsLiquidity on hand
$411.0M
$129.5M
Total DebtLower is stronger
$26.1M
Stockholders' EquityBook value
$799.0M
$2.2B
Total Assets
$1.6B
$2.8B
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSTR
LSTR
UNF
UNF
Q1 26
$411.0M
Q4 25
$452.2M
$129.5M
Q3 25
$434.4M
$209.2M
Q2 25
$426.2M
$211.9M
Q1 25
$473.4M
Q4 24
$566.6M
$181.0M
Q3 24
$531.3M
$175.1M
Q2 24
$504.0M
$125.4M
Total Debt
LSTR
LSTR
UNF
UNF
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
UNF
UNF
Q1 26
$799.0M
Q4 25
$795.7M
$2.2B
Q3 25
$888.7M
$2.2B
Q2 25
$921.8M
$2.2B
Q1 25
$930.8M
Q4 24
$972.4M
$2.1B
Q3 24
$1.0B
$2.1B
Q2 24
$1.0B
$2.1B
Total Assets
LSTR
LSTR
UNF
UNF
Q1 26
$1.6B
Q4 25
$1.6B
$2.8B
Q3 25
$1.7B
$2.8B
Q2 25
$1.7B
$2.8B
Q1 25
$1.7B
Q4 24
$1.8B
$2.7B
Q3 24
$1.8B
$2.7B
Q2 24
$1.8B
$2.7B
Debt / Equity
LSTR
LSTR
UNF
UNF
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
UNF
UNF
Operating Cash FlowLast quarter
$14.9M
Free Cash FlowOCF − Capex
$-24.0M
FCF MarginFCF / Revenue
-3.9%
Capex IntensityCapex / Revenue
6.3%
Cash ConversionOCF / Net Profit
0.43×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSTR
LSTR
UNF
UNF
Q1 26
Q4 25
$72.7M
$14.9M
Q3 25
$89.3M
Q2 25
$7.1M
$138.4M
Q1 25
$55.7M
Q4 24
$61.1M
$58.1M
Q3 24
$83.1M
$102.3M
Q2 24
$48.1M
$86.3M
Free Cash Flow
LSTR
LSTR
UNF
UNF
Q1 26
Q4 25
$70.5M
$-24.0M
Q3 25
$86.0M
Q2 25
$4.7M
$62.1M
Q1 25
$53.8M
Q4 24
$54.4M
$24.6M
Q3 24
$75.6M
$63.8M
Q2 24
$40.6M
$37.3M
FCF Margin
LSTR
LSTR
UNF
UNF
Q1 26
Q4 25
6.0%
-3.9%
Q3 25
7.1%
Q2 25
0.4%
10.2%
Q1 25
4.7%
Q4 24
4.5%
4.1%
Q3 24
6.2%
10.0%
Q2 24
3.3%
6.2%
Capex Intensity
LSTR
LSTR
UNF
UNF
Q1 26
Q4 25
0.2%
6.3%
Q3 25
0.3%
Q2 25
0.2%
12.5%
Q1 25
0.2%
Q4 24
0.6%
5.5%
Q3 24
0.6%
6.0%
Q2 24
0.6%
8.1%
Cash Conversion
LSTR
LSTR
UNF
UNF
Q1 26
Q4 25
3.04×
0.43×
Q3 25
4.61×
Q2 25
0.17×
3.49×
Q1 25
1.87×
Q4 24
1.32×
1.35×
Q3 24
1.66×
2.29×
Q2 24
0.91×
2.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSTR
LSTR

Segment breakdown not available.

UNF
UNF

Uniforms And Facility Service Solutions$568.8M92%
First Aid And Safety Solutions$30.8M5%
Other$22.9M4%
Served As An Senior Officer$400.0K0%

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