LSTR
Landstar System, Inc.
LSTR has a slight edge over RDW overall, supported by lower modeled downside and stronger modeled upside.
RDW
Redwire Corporation
RDW offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
LSTR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Strong |
LSTR's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
LSTR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $73.63 | -50% |
| Forward | 20x | $148 | — |
| Fair | 26x | $122 | -18% |
| Current | 31x | $148 | — |
| Expensive | 32x | $152 | +2.6% |
Historical ranges are pointers, not guarantees.
LSTR's PE is in its expensive range at 31x. If earnings grow as analysts expect, today's price would be 20x next year's earnings, in its fair range.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
LSTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for LSTR, with profitability holding steady. However, they disagree widely on these estimates.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over LSTR on the outlook, with more favorable profitability expectations.
LSTR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.23 | +53% |
| Q3 2026 | $4.72 | +21% |
| Q2 2026 | $3.86 | -19% |
| Q1 2026 | $3.62 | -28% |
| Q4 2025 | $3.31 | -40% |
| Q3 2025 | $3.91 | -33% |
| Q2 2025 | $4.76 | -22% |
| Q1 2025 | $5.04 | -23% |
| Q4 2024 | $5.51 | -25% |
LSTR has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
LSTR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.5B | +25% |
| Q2 2026 | $1.4B | +18% |
| Q1 2026 | $1.2B | +1.6% |
| Q4 2025 | $1.2B | -2.9% |
| Q3 2025 | $1.2B | -0.7% |
| Q2 2025 | $1.2B | -1.1% |
| Q1 2025 | $1.2B | -1.6% |
| Q4 2024 | $1.2B | +0.4% |
LSTR's revenue is recovering but still below its 2022 peak: $1.5B last quarter, up 25% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.3% | +2.2 points |
| Q2 2026 | 4.6% | 0 points |
| Q1 2026 | 4.5% | +1.1 points |
| Q4 2025 | 2.5% | -2.3 points |
| Q3 2025 | 2.2% | -3 points |
| Q2 2025 | 4.7% | -0.9 points |
| Q1 2025 | 3.4% | -1.7 points |
| Q4 2024 | 4.8% | -1.4 points |
LSTR has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over LSTR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
LSTR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $68M | -21% |
| Q2 2026 | -$53.3M | -1245% |
| Q1 2026 | $72.4M | +35% |
| Q4 2025 | $70.5M | +30% |
| Q3 2025 | $86M | +14% |
| Q2 2025 | $4.7M | -89% |
| Q1 2025 | $53.8M | -37% |
| Q4 2024 | $54.4M | -32% |
LSTR has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
LSTR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -64K shares |
| 1 year | -2.1% | -710K shares |
| 3 years | -5.8% | -2.1M shares |
| 5 years | -11% | -4.3M shares |
| Available history | -15% | -5.9M shares |
LSTR has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $41M |
| Q2 2026 | $1.8M |
| Q1 2026 | $22.4M |
| Q4 2025 | $36.6M |
| Q3 2025 | $40.9M |
| Q2 2025 | $41.9M |
| Q1 2025 | $60.4M |
| Q4 2024 | $2.7M |
LSTR spent $102M buying back its own shares over the past year, down 30% from the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
LSTR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.2x | Net Cash |
| Q2 2026 | -1.4x | Net Cash |
| Q1 2026 | -1.7x | Net Cash |
| Q4 2025 | -2.0x | Net Cash |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.3x | Net Cash |
| Q1 2025 | -1.5x | Net Cash |
| Q4 2024 | -1.7x | Net Cash |
LSTR has more cash than debt.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
LSTR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.0 | Neutral |
| Stochastic | 13.1 | Oversold |
LSTR's weekly RSI is 37 (neutral) and its Stochastic is 13 (oversold).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
LSTR PE vs Industrials Sector
| Metric | LSTR | Sector median | Relative |
|---|---|---|---|
| PE | 31x | 24x | 30% above |
| PE % | 82 | 58 | 24 pts above |
LSTR is trading at 31x earnings, a 30% premium to the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
LSTR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $159.7 | 7.3% below |
| 20 week MA | $177.1 | 16% below |
| 50 week MA | $171.9 | 14% below |
| 100 week MA | $157.1 | 5.8% below |
| 200 week MA | $170.3 | 13% below |
LSTR is in a downtrend: it's below all five of its weekly moving averages, and 13% below its 200-week average.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
LSTR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $113.2 | $135.4 | +20% |
| 2021 | $135.4 | $172.2 | +27% |
| 2022 | $172.2 | $166.5 | -3.4% |
| 2023 | $166.5 | $193.7 | +16% |
| 2024 | $193.7 | $174.3 | -10% |
| 2025 | $174.3 | $146.0 | -16% |
| 2026 YTD | $146.0 | $148.0 | +1.4% |
LSTR has finished lower in three of the last six years. It's up 1.4% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over LSTR on returns for 2026, with the stronger performance.