• Landstar System average ebitda margin for 2023 was 7.91%, a 6.83% decline from 2022.
• Landstar System average ebitda margin for 2022 was 8.49%, a 3.16% decline from 2021.
• Landstar System average ebitda margin for 2021 was 8.23%, a 10.77% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.