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Landstar System vs Saia: revenue, profit, margins and growth compared

Landstar System brought in $4.7B of revenue in fiscal 2025, Saia $3.2B in fiscal 2025. Revenue changed by -1.6% at Landstar System and +0.8% at Saia on the year before, so Saia grew faster. Landstar System kept 2.4% of its revenue as net profit, Saia 7.9%. Free cash flow was $215M at Landstar System and $27.3M at Saia.

Side by side, latest fiscal year

LSTRSAIA
Fiscal year endedFY2025 (December 27, 2025)FY2025 (December 31, 2025)
Revenue$4.7B$3.2B
Revenue growth-1.6%+0.8%
Net income$115M$255M
Net margin2.4%7.9%
Free cash flow$215M$27.3M
Free cash flow margin4.5%0.8%
Earnings per share (diluted)$3.31$9.52
Cash$396.7M$19.7M
Debt$0$163M
Price to earnings49.534.1
Market value$5.6B$8.6B
Dividend yield2.17%n/a
Rank by revenue in sector#125 of 451 · Industrials#170 of 451 · Industrials

Over the years

Revenue
LSTR FY2018: $4.6BLSTR FY2019: $4.1BLSTR FY2020: $4.1BLSTR FY2021: $6.5BLSTR FY2022: $7.4BLSTR FY2023: $5.3BLSTR FY2024: $4.8BLSTR FY2025: $4.7BSAIA FY2018: $1.7BSAIA FY2019: $1.8BSAIA FY2020: $1.8BSAIA FY2021: $2.3BSAIA FY2022: $2.8BSAIA FY2023: $2.9BSAIA FY2024: $3.2BSAIA FY2025: $3.2BFY18FY19FY20FY21FY22FY23FY24FY25
LSTR $4.7BSAIA $3.2B
Net income
LSTR FY2018: $255.3MLSTR FY2019: $227.7MLSTR FY2020: $192.1MLSTR FY2021: $381.5MLSTR FY2022: $430.9MLSTR FY2023: $264.4MLSTR FY2024: $195.9MLSTR FY2025: $115MSAIA FY2018: $105MSAIA FY2019: $113.7MSAIA FY2020: $138.3MSAIA FY2021: $253.2MSAIA FY2022: $357.4MSAIA FY2023: $354.9MSAIA FY2024: $362.1MSAIA FY2025: $255MFY18FY19FY20FY21FY22FY23FY24FY25
LSTR $115MSAIA $255M
Net margin
LSTR FY2018: 5.5%LSTR FY2019: 5.6%LSTR FY2020: 4.6%LSTR FY2021: 5.8%LSTR FY2022: 5.8%LSTR FY2023: 5.0%LSTR FY2024: 4.1%LSTR FY2025: 2.4%SAIA FY2018: 6.3%SAIA FY2019: 6.4%SAIA FY2020: 7.6%SAIA FY2021: 11.1%SAIA FY2022: 12.8%SAIA FY2023: 12.3%SAIA FY2024: 11.3%SAIA FY2025: 7.9%FY18FY19FY20FY21FY22FY23FY24FY25
LSTR 2.4%SAIA 7.9%
Revenue growth
LSTR FY2019: -11.5%LSTR FY2020: +1.2%LSTR FY2021: +58.2%LSTR FY2022: +13.8%LSTR FY2023: -28.7%LSTR FY2024: -9.1%LSTR FY2025: -1.6%SAIA FY2019: +8.0%SAIA FY2020: +2.0%SAIA FY2021: +25.6%SAIA FY2022: +22.0%SAIA FY2023: +3.2%SAIA FY2024: +11.4%SAIA FY2025: +0.8%FY19FY20FY21FY22FY23FY24FY25
LSTR -1.6%SAIA +0.8%
Free cash flow
LSTR FY2018: $288.2MLSTR FY2019: $288.4MLSTR FY2020: $180.1MLSTR FY2021: $253.5MLSTR FY2022: $596.7MLSTR FY2023: $368MLSTR FY2024: $255.6MLSTR FY2025: $215MSAIA FY2018: $32.8MSAIA FY2019: -$14.8MSAIA FY2020: $78MSAIA FY2021: $96.8MSAIA FY2022: $105.6MSAIA FY2023: $138.1MSAIA FY2024: -$459.9MSAIA FY2025: $27.3MFY18FY19FY20FY21FY22FY23FY24FY25
LSTR $215MSAIA $27.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Landstar System and Saia

Which is bigger by revenue, Landstar System or Saia?

Landstar System is bigger by revenue: $4.7B in fiscal 2025, against $3.2B for Saia in fiscal 2025.

Which keeps more of its revenue as profit, Landstar System or Saia?

Landstar System had a net margin of 2.4% in fiscal 2025; Saia had 7.9% in fiscal 2025.

Which grew revenue faster, Landstar System or Saia?

In their latest fiscal years revenue changed by -1.6% at Landstar System and +0.8% at Saia.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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