Landstar System (LSTR) Shares Outstanding (2009 - 2026)
Landstar System's Shares Outstanding was 33.94 million in Q2 2026, down 2.7% from 34.87 million a year earlier and down 0.3% from the prior quarter.
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Analysis
Landstar System (LSTR) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Shares Outstanding at Landstar System came in at 34.72 million, down 2.3% from FY2024.
- Shares Outstanding has now declined for 16 consecutive years, with a five-year compound annual growth rate of -2.0% (FY2020 to FY2025).
- In earlier years, Shares Outstanding was 35.54 million in FY2024 (-1.1%), 35.92 million in FY2023 (-1.9%), 36.63 million in FY2022 (-4.2%) and 38.24 million in FY2021 (-0.4%).
- The Q2 2026 figure marks the lowest quarterly Shares Outstanding in data going back to Q2 2009.
- Compared with a year earlier, Shares Outstanding has declined for 19 straight quarters, with an average decline of 2.1% over the last eight quarters.
- The year-over-year decline in Shares Outstanding has ranged between 0.4% (Q2 2022) and 6.0% (Q2 2023) over the last five years.
- Per Business Quant data, LSTR's Shares Outstanding in the three quarters before Q2 2026 was 34.02 million (Q1 2026), 34.72 million (Q4 2025) and 34.58 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.65 Bn | 165.18 Bn | - | 593.40 Mn |
| 2 | Csx | 89.70 Bn | 85.91 Bn | - | 1.86 Bn |
| 3 | United Parcel Service | 84.71 Bn | 61.60 Bn | - | 851.00 Mn |
| 4 | Canadian Pacific Kansas City | 78.00 Bn | 77.02 Bn | - | 886.40 Mn |
| 5 | Norfolk Southern | 73.24 Bn | 67.88 Bn | - | 224.60 Mn |
| 6 | Fedex | 70.67 Bn | 36.62 Bn | - | 237.00 Mn |
| 7 | Delta Air Lines | 50.97 Bn | 33.15 Bn | - | 655.00 Mn |
| 8 | Old Dominion Freight Line | 39.24 Bn | 38.51 Bn | - | 207.66 Mn |
| 9 | United Airlines Holdings | 32.98 Bn | -23.39 Bn | - | 324.60 Mn |
| 10 | Landstar System | 5.81 Bn | 4.16 Bn | - | 33.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 33.94 Mn |
| Mar 28, 2026 | 34.02 Mn |
| Dec 27, 2025 | 34.72 Mn |
| Sep 27, 2025 | 34.58 Mn |
| Jun 28, 2025 | 34.87 Mn |
| Mar 29, 2025 | 35.20 Mn |
| Dec 28, 2024 | 35.54 Mn |
| Sep 28, 2024 | 35.42 Mn |
| Jun 29, 2024 | 35.65 Mn |
| Mar 30, 2024 | 35.75 Mn |
| Dec 30, 2023 | 35.92 Mn |
| Sep 30, 2023 | 35.95 Mn |
| Jul 1, 2023 | 35.94 Mn |
| Apr 1, 2023 | 35.98 Mn |
| Dec 31, 2022 | 36.63 Mn |
| Sep 24, 2022 | 36.33 Mn |
| Jun 25, 2022 | 38.24 Mn |
| Mar 26, 2022 | 38.24 Mn |
| Dec 25, 2021 | 38.24 Mn |
| Sep 25, 2021 | 38.39 Mn |
API Access
Landstar System Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=LSTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "LSTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=LSTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();