Landstar System, Inc. LSTR

Competitive advantage analysis · industrials

Corporate Default
Overall moat score
62/100
Moderate

About Landstar System, Inc.

Landstar System, Inc. provides transportation management solutions in the United States, Canada, Mexico, and internationally. It operates in two segments, Transportation Logistics and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload, less-than-truckload and other truck transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, hazardous materials, cold chain/temperature-controlled, … Full LSTR analysis →

Competitive advantage assessment

Key strengths

  • Strong Interest Coverage & Conservative Leverage Debt serviceability is strong (score 0.86), with robust interest coverage.
  • ROIC Sustainably Above Peers ROIC at 84.6th percentile exceeds peers and WACC, demonstrating superior capital allocation.

Key risks

  • Revenue Volatility Signals Weak Stickiness Revenue volatility is high (stability score 0.38), suggesting weak customer stickiness.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
59

Where LSTR ranks in Integrated Freight & Logistics

Landstar System, Inc. ranks #9 of 27 scored companies in Integrated Freight & Logistics by moat score — the top 33%. The widest moat in the group is ZTO Express (Cayman) Inc. (ZTO) at 83/100.

Moat scores for companies ranked near LSTR in Integrated Freight & Logistics
# Company Moat score Rating
5 United Parcel Service, Inc. UPS 73/100 Moderate
6 Pitney Bowes Inc. PBI 71/100 Moderate
7 C.H. Robinson Worldwide, Inc. CHRW 68/100 Moderate
8 Globavend Holdings Limited - Or GVH 63/100 Moderate
9 Landstar System, Inc. LSTR 62/100 Moderate
10 Hub Group, Inc. HUBG 62/100 Moderate
11 Radiant Logistics, Inc. RLGT 61/100 Moderate
12 Shengfeng Development Limited SFWL 60/100 Moderate
13 BINGEX LIMITED FLX 58/100 Moderate

See every General Corporate company ranked by moat score →

How LSTR scores on the Corporate Default defenses

Pricing Power

Score 58 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 59 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 55 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 71 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 76 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 51 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding LSTR's moat

What is Landstar System, Inc.'s moat score?

Landstar System, Inc. (LSTR) scores 62 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #9 of 27 scored companies in Integrated Freight & Logistics, the top 33%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 26 companies in Integrated Freight & Logistics. Its strongest defense is Resilience (76/100) and its weakest is Scale & Market Position (51/100).

How does Landstar System, Inc. compare with other Integrated Freight & Logistics companies?

Landstar System, Inc. ranks #9 of 27 scored companies in Integrated Freight & Logistics by moat score. The widest moat in Integrated Freight & Logistics is ZTO Express (Cayman) Inc. (ZTO) at 83/100. The companies ranked closest are Globavend Holdings Limited - Or (GVH) at 63 just above it and Hub Group, Inc. (HUBG) at 62 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 26 companies in Integrated Freight & Logistics. The defenses are then weighted to produce the overall score out of 100.

Why is Landstar System, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Landstar System, Inc.?

The Corporate Default template measures 6 defenses, and LSTR scores: Pricing Power (58), Cost Advantage (59), Customer Stickiness (55), Capital Efficiency (71), Resilience (76), Scale & Market Position (51). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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