This study investigates the firm performance of Malaysian logistics companies, measured by four variables of the model which are age firm, size, growth and leverage. For robustness reason, this paper uses two measurements. First measurement is accounting book performance which is Return on Asset (ROA). The second measurement is market-based performance which is Tobin’s q. For Tobin’s q, all variables are shown as non-statistically significant in the baseline model, with only leverage and size are showing positive association with q, while age and growth show negative association with q. On the other hand, only age firm shows a negative association with ROA. The findings indicate that the results for both Tobin’s q and ROA show a slight dissimilarity in terms of the sign of association... where the variables are seen as having more positive relationship when tested with ROA compared with Tobin’s q.