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LANDSTAR SYSTEM INC（LSTR）与Toast, Inc.（TOST）财务数据对比。点击上方公司名可切换其他公司
Toast, Inc.的季度营收约是LANDSTAR SYSTEM INC的1.4倍（$1.6B vs $1.2B），Toast, Inc.净利率更高（6.2% vs 3.4%，领先2.8%），Toast, Inc.同比增速更快（22.0% vs 1.6%），过去两年Toast, Inc.的营收复合增速更高（23.3% vs -2.2%）
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。
Toast, Inc.是总部位于美国马萨诸塞州波士顿的云餐饮管理软件企业，主打基于安卓操作系统研发的一体化销售点（POS）系统，可为餐饮商家提供涵盖收银、订单管理等在内的全场景门店经营解决方案。
LSTR vs TOST — 直观对比
营收规模更大
TOST
是对方的1.4倍
$1.2B
营收增速更快
TOST
高出20.4%
1.6%
净利率更高
TOST
高出2.8%
3.4%
两年增速更快
TOST
近两年复合增速
-2.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.6B |
| 净利润 | $39.4M | $101.0M |
| 毛利率 | 9.6% | 25.9% |
| 营业利润率 | 4.5% | 5.2% |
| 净利率 | 3.4% | 6.2% |
| 营收同比 | 1.6% | 22.0% |
| 净利润同比 | 32.3% | 215.6% |
| 每股收益（稀释后） | $1.16 | $0.18 |
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LSTRTOST
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.2B |
净利润LSTRTOST
| Q1 26 | $39.4M | — | ||
| Q4 25 | $23.9M | $101.0M | ||
| Q3 25 | $19.4M | $105.0M | ||
| Q2 25 | $41.9M | $80.0M | ||
| Q1 25 | $29.8M | $56.0M | ||
| Q4 24 | $46.2M | $32.0M | ||
| Q3 24 | $50.0M | $56.0M | ||
| Q2 24 | $52.6M | $14.0M |
毛利率LSTRTOST
| Q1 26 | 9.6% | — | ||
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 25.3% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 23.0% |
营业利润率LSTRTOST
| Q1 26 | 4.5% | — | ||
| Q4 25 | 2.5% | 5.2% | ||
| Q3 25 | 2.2% | 5.1% | ||
| Q2 25 | 4.6% | 5.2% | ||
| Q1 25 | 3.4% | 3.2% | ||
| Q4 24 | 4.8% | 2.5% | ||
| Q3 24 | 5.2% | 2.6% | ||
| Q2 24 | 5.6% | 0.4% |
净利率LSTRTOST
| Q1 26 | 3.4% | — | ||
| Q4 25 | 2.0% | 6.2% | ||
| Q3 25 | 1.6% | 6.4% | ||
| Q2 25 | 3.5% | 5.2% | ||
| Q1 25 | 2.6% | 4.2% | ||
| Q4 24 | 3.8% | 2.4% | ||
| Q3 24 | 4.1% | 4.3% | ||
| Q2 24 | 4.3% | 1.1% |
每股收益（稀释后）LSTRTOST
| Q1 26 | $1.16 | — | ||
| Q4 25 | $0.70 | $0.18 | ||
| Q3 25 | $0.56 | $0.16 | ||
| Q2 25 | $1.20 | $0.13 | ||
| Q1 25 | $0.85 | $0.09 | ||
| Q4 24 | $1.30 | $0.09 | ||
| Q3 24 | $1.41 | $0.07 | ||
| Q2 24 | $1.48 | $0.02 |
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 | $1.4B |
| 总债务越低越好 | $26.1M | — |
| 股东权益账面价值 | $799.0M | $2.1B |
| 总资产 | $1.6B | $3.1B |
| 负债/权益比越低杠杆越低 | 0.03× | — |
8季度趋势，按日历期对齐
现金及短期投资LSTRTOST
| Q1 26 | $411.0M | — | ||
| Q4 25 | $452.2M | $1.4B | ||
| Q3 25 | $434.4M | $1.4B | ||
| Q2 25 | $426.2M | $1.2B | ||
| Q1 25 | $473.4M | $1.0B | ||
| Q4 24 | $566.6M | $903.0M | ||
| Q3 24 | $531.3M | $761.0M | ||
| Q2 24 | $504.0M | $691.0M |
总债务LSTRTOST
| 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 | — |
股东权益LSTRTOST
| Q1 26 | $799.0M | — | ||
| Q4 25 | $795.7M | $2.1B | ||
| Q3 25 | $888.7M | $2.0B | ||
| Q2 25 | $921.8M | $1.8B | ||
| Q1 25 | $930.8M | $1.7B | ||
| Q4 24 | $972.4M | $1.5B | ||
| Q3 24 | $1.0B | $1.4B | ||
| Q2 24 | $1.0B | $1.3B |
总资产LSTRTOST
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $3.1B | ||
| Q3 25 | $1.7B | $3.0B | ||
| Q2 25 | $1.7B | $2.8B | ||
| Q1 25 | $1.7B | $2.6B | ||
| Q4 24 | $1.8B | $2.4B | ||
| Q3 24 | $1.8B | $2.2B | ||
| Q2 24 | $1.8B | $2.2B |
负债/权益比LSTRTOST
| 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× | — |
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 | — | $194.0M |
| 自由现金流经营现金流 - 资本支出 | — | $178.0M |
| 自由现金流率自由现金流/营收 | — | 10.9% |
| 资本支出强度资本支出/营收 | — | 1.0% |
| 现金转化率经营现金流/净利润 | — | 1.92× |
| 过去12个月自由现金流最近4个季度 | — | $608.0M |
8季度趋势，按日历期对齐
经营现金流LSTRTOST
| Q1 26 | — | — | ||
| Q4 25 | $72.7M | $194.0M | ||
| Q3 25 | $89.3M | $165.0M | ||
| Q2 25 | $7.1M | $223.0M | ||
| Q1 25 | $55.7M | $79.0M | ||
| Q4 24 | $61.1M | $147.0M | ||
| Q3 24 | $83.1M | $109.0M | ||
| Q2 24 | $48.1M | $124.0M |
自由现金流LSTRTOST
| Q1 26 | — | — | ||
| Q4 25 | $70.5M | $178.0M | ||
| Q3 25 | $86.0M | $153.0M | ||
| Q2 25 | $4.7M | $208.0M | ||
| Q1 25 | $53.8M | $69.0M | ||
| Q4 24 | $54.4M | $134.0M | ||
| Q3 24 | $75.6M | $97.0M | ||
| Q2 24 | $40.6M | $108.0M |
自由现金流率LSTRTOST
| Q1 26 | — | — | ||
| Q4 25 | 6.0% | 10.9% | ||
| Q3 25 | 7.1% | 9.4% | ||
| Q2 25 | 0.4% | 13.4% | ||
| Q1 25 | 4.7% | 5.2% | ||
| Q4 24 | 4.5% | 10.0% | ||
| Q3 24 | 6.2% | 7.4% | ||
| Q2 24 | 3.3% | 8.7% |
资本支出强度LSTRTOST
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 1.0% | ||
| Q3 25 | 0.3% | 0.7% | ||
| Q2 25 | 0.2% | 1.0% | ||
| Q1 25 | 0.2% | 0.7% | ||
| Q4 24 | 0.6% | 1.0% | ||
| Q3 24 | 0.6% | 0.9% | ||
| Q2 24 | 0.6% | 1.3% |
现金转化率LSTRTOST
| Q1 26 | — | — | ||
| Q4 25 | 3.04× | 1.92× | ||
| Q3 25 | 4.61× | 1.57× | ||
| Q2 25 | 0.17× | 2.79× | ||
| Q1 25 | 1.87× | 1.41× | ||
| Q4 24 | 1.32× | 4.59× | ||
| Q3 24 | 1.66× | 1.95× | ||
| Q2 24 | 0.91× | 8.86× |
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
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
