Landstar Systems, the nation’s largest owner-operator only carrier, ranked ninth in the top 20 percent of companies evaluated in the Wall Street Journal’s Honor Roll of Companies.
The Honor Roll ranks 76 industries with straight-A ratings on a five-year average compound annual total returns through one, three, five and 10 years.
Landstar showed a 93.6 percent one-year return in 2004, a 59.6 percent three-year return, a 47.1 percent five-year return and a 24.6 percent 10-year return. The returns are average compound annual total returns through 2004.
Landstar outranked eight other companies in the Trucking and Transportation category based on five-year returns.
The company’s one-year, $2 billion return was 42 percentage points higher than the industry group average, 26 percentage points higher than the group’s three-year average return, nearly 20 percentage points higher than the group’s five-year average return and 10.5 percentage points higher than the group’s 10-year average return.
The Honor Roll was published in the Feb. 28 issue of the Wall Street Journal. An expanded listing of included companies and their performance evaluations can be found at www.WSJ.com.
