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LANDSTAR SYSTEM INC（LSTR）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
LANDSTAR SYSTEM INC的季度营收约是先锋自然资源公司的1.0倍（$1.2B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 3.4%，领先25.7%），LANDSTAR SYSTEM INC同比增速更快（1.6% vs -9.8%），过去两年LANDSTAR SYSTEM INC的营收复合增速更高（-2.2% vs -3.0%）
Landstar System Inc.是美国专业运输服务企业，主营第三方物流业务，依托由超8800名独立自营车主、1000余名独立货运代理人、7万余家合规认证承运商组成的庞大网络，服务主要覆盖美国全境，同时提供加拿大境内及美加、美墨跨境物流服务。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
LSTR vs PR — 直观对比
营收规模更大
LSTR
是对方的1.0倍
$1.2B
营收增速更快
LSTR
高出11.4%
-9.8%
净利率更高
PR
高出25.7%
3.4%
两年增速更快
LSTR
近两年复合增速
-3.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.2B |
| 净利润 | $39.4M | $339.5M |
| 毛利率 | 9.6% | — |
| 营业利润率 | 4.5% | 23.1% |
| 净利率 | 3.4% | 29.0% |
| 营收同比 | 1.6% | -9.8% |
| 净利润同比 | 32.3% | 56.7% |
| 每股收益（稀释后） | $1.16 | $0.48 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LSTRPR
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | $1.2B |
净利润LSTRPR
| Q1 26 | $39.4M | — | ||
| Q4 25 | $23.9M | $339.5M | ||
| Q3 25 | $19.4M | $59.2M | ||
| Q2 25 | $41.9M | $207.1M | ||
| Q1 25 | $29.8M | $329.3M | ||
| Q4 24 | $46.2M | $216.7M | ||
| Q3 24 | $50.0M | $386.4M | ||
| Q2 24 | $52.6M | $235.1M |
毛利率LSTRPR
| Q1 26 | 9.6% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率LSTRPR
| Q1 26 | 4.5% | — | ||
| Q4 25 | 2.5% | 23.1% | ||
| Q3 25 | 2.2% | 29.6% | ||
| Q2 25 | 4.6% | 24.8% | ||
| Q1 25 | 3.4% | 36.6% | ||
| Q4 24 | 4.8% | 32.8% | ||
| Q3 24 | 5.2% | 32.5% | ||
| Q2 24 | 5.6% | 36.5% |
净利率LSTRPR
| Q1 26 | 3.4% | — | ||
| Q4 25 | 2.0% | 29.0% | ||
| Q3 25 | 1.6% | 4.5% | ||
| Q2 25 | 3.5% | 17.3% | ||
| Q1 25 | 2.6% | 23.9% | ||
| Q4 24 | 3.8% | 16.7% | ||
| Q3 24 | 4.1% | 31.8% | ||
| Q2 24 | 4.3% | 18.9% |
每股收益（稀释后）LSTRPR
| Q1 26 | $1.16 | — | ||
| Q4 25 | $0.70 | $0.48 | ||
| Q3 25 | $0.56 | $0.08 | ||
| Q2 25 | $1.20 | $0.28 | ||
| Q1 25 | $0.85 | $0.44 | ||
| Q4 24 | $1.30 | $0.31 | ||
| Q3 24 | $1.41 | $0.53 | ||
| Q2 24 | $1.48 | $0.36 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $411.0M | $153.7M |
| 总债务越低越好 | $26.1M | $3.5B |
| 股东权益账面价值 | $799.0M | $10.3B |
| 总资产 | $1.6B | $17.9B |
| 负债/权益比越低杠杆越低 | 0.03× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资LSTRPR
| Q1 26 | $411.0M | — | ||
| Q4 25 | $452.2M | $153.7M | ||
| Q3 25 | $434.4M | $111.8M | ||
| Q2 25 | $426.2M | $451.0M | ||
| Q1 25 | $473.4M | $702.2M | ||
| Q4 24 | $566.6M | $479.3M | ||
| Q3 24 | $531.3M | $272.0M | ||
| Q2 24 | $504.0M | $47.8M |
总债务LSTRPR
| Q1 26 | $26.1M | — | ||
| Q4 25 | $0 | $3.5B | ||
| Q3 25 | $0 | $3.5B | ||
| Q2 25 | $0 | $4.0B | ||
| Q1 25 | $0 | $4.0B | ||
| Q4 24 | $0 | $4.2B | ||
| Q3 24 | $0 | $4.2B | ||
| Q2 24 | $0 | $3.9B |
股东权益LSTRPR
| Q1 26 | $799.0M | — | ||
| Q4 25 | $795.7M | $10.3B | ||
| Q3 25 | $888.7M | $10.0B | ||
| Q2 25 | $921.8M | $9.5B | ||
| Q1 25 | $930.8M | $9.4B | ||
| Q4 24 | $972.4M | $9.1B | ||
| Q3 24 | $1.0B | $9.0B | ||
| Q2 24 | $1.0B | $8.3B |
总资产LSTRPR
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $17.9B | ||
| Q3 25 | $1.7B | $17.3B | ||
| Q2 25 | $1.7B | $17.5B | ||
| Q1 25 | $1.7B | $17.1B | ||
| Q4 24 | $1.8B | $16.9B | ||
| Q3 24 | $1.8B | $16.6B | ||
| Q2 24 | $1.8B | $15.4B |
负债/权益比LSTRPR
| Q1 26 | 0.03× | — | ||
| Q4 25 | 0.00× | 0.34× | ||
| Q3 25 | 0.00× | 0.35× | ||
| Q2 25 | 0.00× | 0.42× | ||
| Q1 25 | 0.00× | 0.43× | ||
| Q4 24 | 0.00× | 0.46× | ||
| Q3 24 | 0.00× | 0.47× | ||
| Q2 24 | 0.00× | 0.46× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $904.3M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 2.66× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LSTRPR
| Q1 26 | — | — | ||
| Q4 25 | $72.7M | $904.3M | ||
| Q3 25 | $89.3M | $766.5M | ||
| Q2 25 | $7.1M | $1.0B | ||
| Q1 25 | $55.7M | $898.0M | ||
| Q4 24 | $61.1M | $871.6M | ||
| Q3 24 | $83.1M | $954.4M | ||
| Q2 24 | $48.1M | $938.4M |
自由现金流LSTRPR
| 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 | — |
自由现金流率LSTRPR
| 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% | — |
资本支出强度LSTRPR
| 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% | — |
现金转化率LSTRPR
| Q1 26 | — | — | ||
| Q4 25 | 3.04× | 2.66× | ||
| Q3 25 | 4.61× | 12.94× | ||
| Q2 25 | 0.17× | 5.01× | ||
| Q1 25 | 1.87× | 2.73× | ||
| Q4 24 | 1.32× | 4.02× | ||
| Q3 24 | 1.66× | 2.47× | ||
| Q2 24 | 0.91× | 3.99× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LSTR
暂无分部数据
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
