Landstar Net Income vs Stock Based Compensation Analysis

LSTR Stock

USD 183.65 0.00 0.00%

Landstar System financial indicator trend analysis is infinitely more than just investigating Landstar System recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Landstar System is a good investment. Please check the relationship between Landstar System Net Income and its Stock Based Compensation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landstar System. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.

Net Income vs Stock Based Compensation

Net Income vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Landstar System Net Income account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.

The correlation between Landstar System's Net Income and Stock Based Compensation is 0.72. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Landstar System, assuming nothing else is changed. The correlation between historical values of Landstar System's Net Income and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Landstar System are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., Landstar System's Net Income and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Landstar System financial statement analysis. It represents the amount of money remaining after all of Landstar System operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Landstar System's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Landstar System current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landstar System. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.At this time, Landstar System's Selling General Administrative is relatively stable compared to the past year. As of 12/16/2024, Tax Provision is likely to grow to about 96.3 M, while Discontinued Operations is likely to drop slightly above 29.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	866.1M	960.2M	714.2M	433.3M
Total Revenue	6.5B	7.4B	5.3B	3.0B

Gross Profit Total Revenue

Landstar System fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Good Will	Common Stock Total Equity
Total Assets		0.78	0.75	0.97	0.78	0.93	-0.38	0.78	0.87	0.56	0.98	0.34	0.57	0.96	-0.76	0.57	-0.58	0.52	-0.82	0.97	0.86	0.91	0.15	0.64	-0.28	0.64
Short Long Term Debt Total	0.78		0.47	0.78	0.57	0.81	0.01	0.59	0.76	0.26	0.84	0.55	0.29	0.82	-0.82	0.87	-0.75	0.39	-0.63	0.83	0.68	0.85	0.16	0.77	-0.32	0.69
Other Current Liab	0.75	0.47		0.83	0.54	0.59	-0.3	0.58	0.7	0.4	0.67	0.17	0.4	0.79	-0.42	0.26	-0.26	0.28	-0.62	0.81	0.7	0.55	0.12	0.3	-0.1	0.3
Total Current Liabilities	0.97	0.78	0.83		0.72	0.86	-0.29	0.72	0.9	0.47	0.93	0.39	0.48	0.99	-0.66	0.51	-0.48	0.44	-0.76	1.0	0.85	0.89	0.17	0.54	-0.19	0.52
Total Stockholder Equity	0.78	0.57	0.54	0.72		0.72	-0.79	0.99	0.88	0.92	0.75	0.14	0.93	0.71	-0.66	0.45	-0.56	0.47	-0.97	0.72	0.97	0.69	0.12	0.48	-0.47	0.52
Property Plant And Equipment Net	0.93	0.81	0.59	0.86	0.72		-0.31	0.72	0.76	0.5	0.97	0.38	0.53	0.85	-0.8	0.63	-0.63	0.41	-0.76	0.87	0.76	0.89	-0.04	0.7	-0.46	0.67
Net Debt	-0.38	0.01	-0.3	-0.29	-0.79	-0.31		-0.78	-0.48	-0.96	-0.31	0.26	-0.95	-0.24	0.29	0.0	0.22	-0.37	0.74	-0.27	-0.67	-0.2	-0.07	-0.11	0.35	-0.21
Retained Earnings	0.78	0.59	0.58	0.72	0.99	0.72	-0.78		0.88	0.91	0.75	0.1	0.92	0.71	-0.69	0.5	-0.59	0.52	-0.99	0.73	0.96	0.68	0.17	0.51	-0.44	0.55
Accounts Payable	0.87	0.76	0.7	0.9	0.88	0.76	-0.48	0.88		0.67	0.83	0.35	0.67	0.91	-0.64	0.52	-0.51	0.4	-0.88	0.9	0.96	0.85	0.18	0.47	-0.3	0.47
Cash	0.56	0.26	0.4	0.47	0.92	0.5	-0.96	0.91	0.67		0.51	-0.1	1.0	0.44	-0.49	0.23	-0.41	0.45	-0.88	0.47	0.83	0.41	0.11	0.3	-0.43	0.38
Non Current Assets Total	0.98	0.84	0.67	0.93	0.75	0.97	-0.31	0.75	0.83	0.51		0.41	0.53	0.93	-0.83	0.66	-0.66	0.51	-0.79	0.95	0.82	0.92	0.11	0.72	-0.35	0.7
Non Currrent Assets Other	0.34	0.55	0.17	0.39	0.14	0.38	0.26	0.1	0.35	-0.1	0.41		-0.1	0.43	-0.41	0.42	-0.42	0.09	-0.1	0.41	0.23	0.4	-0.02	0.45	-0.25	0.39
Cash And Short Term Investments	0.57	0.29	0.4	0.48	0.93	0.53	-0.95	0.92	0.67	1.0	0.53	-0.1		0.45	-0.53	0.29	-0.46	0.45	-0.9	0.48	0.83	0.43	0.1	0.35	-0.46	0.42
Net Receivables	0.96	0.82	0.79	0.99	0.71	0.85	-0.24	0.71	0.91	0.44	0.93	0.43	0.45		-0.68	0.55	-0.51	0.43	-0.75	0.99	0.85	0.91	0.18	0.56	-0.2	0.54
Common Stock Shares Outstanding	-0.76	-0.82	-0.42	-0.66	-0.66	-0.8	0.29	-0.69	-0.64	-0.49	-0.83	-0.41	-0.53	-0.68		-0.9	0.96	-0.69	0.74	-0.73	-0.68	-0.67	-0.21	-0.97	0.47	-0.97
Non Current Liabilities Total	0.57	0.87	0.26	0.51	0.45	0.63	0.0	0.5	0.52	0.23	0.66	0.42	0.29	0.55	-0.9		-0.92	0.55	-0.55	0.6	0.5	0.57	0.29	0.92	-0.32	0.87
Inventory	-0.58	-0.75	-0.26	-0.48	-0.56	-0.63	0.22	-0.59	-0.51	-0.41	-0.66	-0.42	-0.46	-0.51	0.96	-0.92		-0.67	0.62	-0.56	-0.56	-0.51	-0.23	-0.97	0.47	-0.96
Other Current Assets	0.52	0.39	0.28	0.44	0.47	0.41	-0.37	0.52	0.4	0.45	0.51	0.09	0.45	0.43	-0.69	0.55	-0.67		-0.57	0.48	0.47	0.35	0.44	0.67	-0.11	0.72
Other Stockholder Equity	-0.82	-0.63	-0.62	-0.76	-0.97	-0.76	0.74	-0.99	-0.88	-0.88	-0.79	-0.1	-0.9	-0.75	0.74	-0.55	0.62	-0.57		-0.77	-0.96	-0.71	-0.2	-0.56	0.42	-0.6
Total Liab	0.97	0.83	0.81	1.0	0.72	0.87	-0.27	0.73	0.9	0.47	0.95	0.41	0.48	0.99	-0.73	0.6	-0.56	0.48	-0.77		0.85	0.9	0.19	0.61	-0.22	0.59
Total Current Assets	0.86	0.68	0.7	0.85	0.97	0.76	-0.67	0.96	0.96	0.83	0.82	0.23	0.83	0.85	-0.68	0.5	-0.56	0.47	-0.96	0.85		0.77	0.18	0.5	-0.38	0.52
Short Term Debt	0.91	0.85	0.55	0.89	0.69	0.89	-0.2	0.68	0.85	0.41	0.92	0.4	0.43	0.91	-0.67	0.57	-0.51	0.35	-0.71	0.9	0.77		-0.02	0.57	-0.36	0.53
Intangible Assets	0.15	0.16	0.12	0.17	0.12	-0.04	-0.07	0.17	0.18	0.11	0.11	-0.02	0.1	0.18	-0.21	0.29	-0.23	0.44	-0.2	0.19	0.18	-0.02		0.21	0.7	0.25
Common Stock	0.64	0.77	0.3	0.54	0.48	0.7	-0.11	0.51	0.47	0.3	0.72	0.45	0.35	0.56	-0.97	0.92	-0.97	0.67	-0.56	0.61	0.5	0.57	0.21		-0.42	0.98
Good Will	-0.28	-0.32	-0.1	-0.19	-0.47	-0.46	0.35	-0.44	-0.3	-0.43	-0.35	-0.25	-0.46	-0.2	0.47	-0.32	0.47	-0.11	0.42	-0.22	-0.38	-0.36	0.7	-0.42		-0.41
Common Stock Total Equity	0.64	0.69	0.3	0.52	0.52	0.67	-0.21	0.55	0.47	0.38	0.7	0.39	0.42	0.54	-0.97	0.87	-0.96	0.72	-0.6	0.59	0.52	0.53	0.25	0.98	-0.41

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Landstar System Account Relationship Matchups

Landstar System fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.7B	2.0B	1.9B	1.8B	916.6M
Short Long Term Debt Total	166.7M	175.5M	228.3M	196.4M	132.7M	147.3M
Other Current Liab	95.6M	350.9M	252.8M	293.5M	189.8M	111.4M
Total Current Liabilities	552.9M	806.1M	1.0B	878.1M	675.2M	374.5M
Total Stockholder Equity	721.5M	691.8M	862.0M	887.2M	983.9M	1.0B
Property Plant And Equipment Net	285.9M	297.0M	317.4M	315.0M	286.0M	172.1M
Net Debt	(152.8M)	(73.8M)	12.8M	(143.2M)	(348.4M)	(330.9M)
Retained Earnings	2.0B	2.0B	2.3B	2.6B	2.8B	2.9B
Accounts Payable	272.0M	380.5M	604.1M	455.5M	396.0M	415.8M
Cash	319.5M	249.4M	215.5M	339.6M	481.0M	505.1M
Non Current Assets Total	429.8M	445.6M	522.6M	492.5M	449.1M	272.6M
Non Currrent Assets Other	105.5M	107.7M	164.4M	(9.3M)	28.7M	48.0M
Cash And Short Term Investments	352.4M	290.7M	251.3M	393.5M	540.7M	567.7M
Net Receivables	624.1M	898.9M	1.3B	1.0B	787.1M	471.9M
Common Stock Shares Outstanding	39.8M	38.6M	38.2M	36.6M	35.9M	48.6M
Liabilities And Stockholders Equity	1.4B	1.7B	2.0B	1.9B	1.8B	916.6M
Non Current Liabilities Total	153.3M	155.8M	173.5M	166.5M	142.7M	147.5M
Other Current Assets	21.4M	18.5M	16.2M	21.8M	24.9M	16.6M
Other Stockholder Equity	(1.2B)	(1.4B)	(1.5B)	(1.7B)	(1.8B)	(1.7B)
Total Liab	706.2M	962.0M	1.2B	1.0B	817.9M	522.0M
Total Current Assets	997.9M	1.2B	1.5B	1.4B	1.4B	1.4B
Short Term Debt	96.5M	74.7M	153.0M	129.1M	89.4M	59.0M
Common Stock	679K	681K	682K	684K	685K	543.8K
Good Will	38.5M	40.9M	40.8M	41.2M	42.3M	31.8M
Common Stock Total Equity	679K	681K	682K	684K	786.6K	572.1K
Property Plant And Equipment Gross	288.6M	596.4M	661.5M	708.3M	721.0M	757.0M
Accumulated Other Comprehensive Income	(2.2M)	(2.0M)	(5.4M)	(15.0M)	(6.9M)	(7.2M)
Short Term Investments	32.9M	41.4M	35.8M	54.0M	59.7M	32.3M
Current Deferred Revenue	88.8M	76.8M	75.4M	41.0M	(41.0M)	(38.9M)
Other Liab	81.1M	90.5M	98.2M	98.0M	112.7M	58.6M
Other Assets	53.3M	404.7M	164.4M	136.3M	156.7M	164.6M
Long Term Debt	70.2M	65.4M	75.2M	67.2M	60.5M	72.2M
Treasury Stock	(1.5B)	(1.6B)	(1.7B)	(2.0B)	(1.8B)	(1.7B)
Property Plant Equipment	285.9M	297.0M	317.4M	315.0M	362.2M	192.6M
Net Tangible Assets	753.2M	716.2M	821.2M	846.0M	972.9M	607.7M
Retained Earnings Total Equity	2.0B	2.0B	2.3B	2.6B	3.0B	1.5B
Long Term Debt Total	83.1M	84.9M	70.2M	67.2M	60.5M	70.2M

Pair Trading with Landstar System

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Landstar System position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Landstar System will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Landstar System could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Landstar System when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Landstar System - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Landstar System to buy it.

The correlation of Landstar System is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Landstar System moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Landstar System moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Landstar System can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Landstar Stock Analysis

When running Landstar System's price analysis, check to measure Landstar System's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Landstar System is operating at the current time. Most of Landstar System's value examination focuses on studying past and present price action to predict the probability of Landstar System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landstar System's price. Additionally, you may evaluate how the addition of Landstar System to your portfolios can decrease your overall portfolio volatility.

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Landstar Net Income vs Stock Based Compensation Analysis

Net Income vs Stock Based Compensation

Net Income vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Net Income

Stock Based Compensation

Landstar System fundamental ratios Correlations

Landstar System Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Landstar System fundamental ratios Accounts

Pair Trading with Landstar System

Additional Tools for Landstar Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Net Receivables
Non Current Assets Total	+ 0.98	Total Assets

Other Stockholder Equity	- 0.99	Retained Earnings
Common Stock	- 0.97	Inventory
Common Stock Total Equity	- 0.97	Common Stock Shares Outstanding
Common Stock	- 0.97	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.97	Total Stockholder Equity
Total Current Assets	- 0.96	Other Stockholder Equity