LSTR vs UPS
Landstar System Inc. and United Parcel Service Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LSTR | UPS |
|---|---|---|
| Revenue | $4.7B | $88.7B |
| Net income | $115.0M | $5.6B |
| Gross margin | · | · |
| Net margin | 2.4% | 6.3% |
| Return on equity | 13.0% | 33.8% |
| Diluted EPS | $3.31 | $6.56 |
| Dividend / share | $3.56 | $6.56 |
| Payout ratio | 108.5% | 96.9% |
| Free cash flow | $215.0M | $4.8B |
| Equity | $795.7M | $16.2B |
| Net debt / equity | −0.50× | 1.13× |
| Current ratio | 1.75× | 1.22× |
| Revenue CAGR 5y | 2.8% | 0.9% |
| Profit CAGR 5y | −9.8% | 32.9% |
UPS bills 18.7× the revenue of LSTR, and keeps more of each dollar of revenue as profit (6.3% against 2.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | LSTR | UPS |
|---|---|---|
| FY2025 | $4.7B | $88.7B |
| FY2024 | $4.8B | $91.1B |
| FY2023 | $5.3B | $91.0B |
| FY2022 | $7.4B | $100.3B |
| FY2021 | $6.5B | $97.3B |
| FY2020 | $4.1B | $84.6B |
| FY2019 | $4.1B | $74.1B |
| FY2018 | $4.6B | $71.9B |
| FY2017 | $3.6B | $66.6B |
| FY2016 | $3.2B | $61.6B |
Bottom line
| Fiscal year | LSTR | UPS |
|---|---|---|
| FY2025 | $115.0M | $5.6B |
| FY2024 | $195.9M | $5.8B |
| FY2023 | $264.4M | $6.7B |
| FY2022 | $430.9M | $11.5B |
| FY2021 | $381.5M | $12.9B |
| FY2020 | $192.1M | $1.3B |
| FY2019 | $227.7M | $4.4B |
| FY2018 | $255.3M | $4.8B |
| FY2017 | $177.1M | $4.9B |
| FY2016 | $137.3M | $3.4B |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$83,917,240,000 | UPS |
| FY2024 | −$86,250,755,000 | UPS |
| FY2023 | −$85,654,678,000 | UPS |
| FY2022 | −$92,901,438,000 | UPS |
| FY2021 | −$90,749,432,000 | UPS |
| FY2020 | −$80,495,019,000 | UPS |
| FY2019 | −$70,009,423,000 | UPS |
| FY2018 | −$67,245,856,000 | UPS |
| FY2017 | −$62,938,636,000 | UPS |
| FY2016 | −$58,442,366,000 | UPS |
| FY2015 | −$55,041,909,000 | UPS |
| FY2014 | −$55,047,210,000 | UPS |
| FY2013 | −$52,773,220,000 | UPS |
| FY2012 | −$51,356,201,000 | UPS |
| FY2011 | −$50,476,626,000 | UPS |
| FY2010 | −$47,144,830,000 | UPS |
| FY2009 | −$43,288,204,000 | UPS |
UPS has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −3.9 pp | UPS |
| FY2024 | −2.3 pp | UPS |
| FY2023 | −2.4 pp | UPS |
| FY2022 | −5.7 pp | UPS |
| FY2021 | −7.4 pp | UPS |
| FY2020 | +3.1 pp | LSTR |
| FY2019 | −0.4 pp | UPS |
| FY2018 | −1.1 pp | UPS |
| FY2017 | −2.5 pp | UPS |
| FY2016 | −1.2 pp | UPS |
| FY2015 | −3.9 pp | UPS |
| FY2014 | −0.8 pp | UPS |
| FY2013 | −2.4 pp | UPS |
| FY2012 | +3.2 pp | LSTR |
| FY2011 | −2.9 pp | UPS |
| FY2010 | −3.1 pp | UPS |
| FY2009 | −0.9 pp | UPS |
The higher net margin has changed hands between LSTR and UPS over this period.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UPS's net margin has been more volatile than LSTR's over the 17 comparable fiscal years — 2.8 percentage points of standard deviation against 0.9.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LSTR and UPS over these 17 fiscal years — LSTR led in 2 and UPS in 15.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UPS's return on equity has been more volatile than LSTR's over the 18 comparable fiscal years — 157.1 percentage points of standard deviation against 9.1.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between LSTR and UPS over these 18 fiscal years — LSTR led in 1 and UPS in 17.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.