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Federal Signal Corporation(FSS)Earnings, Financials & Key Ratios
FSS•NYSE
29.6× P/E·Price updated Jun 19, 2026
SectorIndustrialsIndustryEnvironmental ServicesSub-IndustryWaste Recycling and Conversion Technologies
AboutFederal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through Environmental Solutions Group, and Safety and Security Systems Group. The Environmental Solutions Group segment offers a range of street sweepers, safe-digging trucks ,sewer cleaners, industrial vacuum loaders, vacuum, and hydro-excavation trucks; road-marking, line-removal and waterblasting equipment, dump truck bodies, trailers, and metal extraction support equipment under the Elgin, Vactor, Guzzler, TRUVAC, Westech, Jetstream, Mark Rite Lines, Ox Bodies, Crysteel, J-Craft, Duraclass, Rugby, Travis, OSW, NTE, WTB, Ground Force, Bucks, and Switch-N-Go brand names. It also offers refuse and recycling collection vehicles, camera systems, ice resurfacing equipment, and snow-removal equipment, as well as safety, and security systems. In addition, this segment engages in the sale of parts, service and repair, equipment rental, and training activities. The Safety and Security Systems Group segment provides systems and products for community alerting, emergency vehicles, first responder interoperable communications, and industrial communications. Its products include vehicle lightbars and sirens, industrial signaling equipment, public warning systems, general alarm systems, and public address systems. This segment sells its products under the Federal Signal, Federal Signal VAMA, and Victor brand names. The company sells its products through wholesaler, distributor, independent manufacturer representative, original equipment manufacturer, and direct sales force, as well as independent foreign distributor. Federal Signal Corporation was founded in 1901 and is headquartered in Oak Brook, Illinois.Show more
- Revenue$2.18B+17.1%
- EBITDA$437M+26.2%
- Net Income$247M+14.0%
- EPS (Diluted)4.01+14.6%
- Gross Margin28.1%-1.8%
- EBITDA Margin20.06%+7.7%
- Operating Margin16.37%+8.3%
- Net Margin11.31%-2.7%
- ROE19.2%-2.9%
FSS Key Insights
Federal Signal Corporation (FSS) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 20.7%
- ✓Strong 5Y sales CAGR of 14.0%
- ✓Good 3Y average ROE of 18.6%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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FSS Price & Volume
Federal Signal Corporation (FSS) stock price & volume — 10-year historical chart
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FSS Growth Metrics
Federal Signal Corporation (FSS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years11%
5 Years14.03%
3 Years14.97%
TTM23.25%
Profit CAGR
10 Years14.53%
5 Years20.72%
3 Years27%
TTM28.29%
EPS CAGR
10 Years14.9%
5 Years20.78%
3 Years26.73%
TTM28.66%
Return on Capital
10 Years14.29%
5 Years15.84%
3 Years18.32%
Last Year19.64%
FSS Recent Earnings
Federal Signal Corporation (FSS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$1.18+32.6%
$0.89
Rev
$626M+7.9%
$580M
Q1 2026
Feb 25, 2026Metric
Actual
Est
EPS
$1.16+7.4%
$1.08
Rev
$597M+9.5%
$546M
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$1.14+6.5%
$1.07
Rev
$555M+0.7%
$551M
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$1.17+10.4%
$1.06
Rev
$565M+3.5%
$545M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $1.18vs $0.89+32.6% | $626Mvs $580M+7.9% |
| Q1 2026 | Feb 25, 2026 | $1.16vs $1.08+7.4% | $597Mvs $546M+9.5% |
| Q4 2025 | Oct 30, 2025 | $1.14vs $1.07+6.5% | $555Mvs $551M+0.7% |
| Q3 2025 | Jul 30, 2025 | $1.17vs $1.06+10.4% | $565Mvs $545M+3.5% |
Based on last 12 quarters of dataView full earnings history →
FSS Peer Comparison
Federal Signal Corporation (FSS) competitors in Waste Recycling and Conversion Technologies — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ASTE | 1.29B | 56.12 | 33.40 | 8.07% | 1.75% | 3.82% | 0.47 | |
 HLIO | 2.99B | 90.49 | 62.41 | 4.11% | 6.98% | 6.59% | 0.12 | |
 FELE | 4.6B | 104.20 | 32.06 | 5.44% | 6.91% | 11.44% | 0.21 | |
 MIDD | 7.79B | 172.26 | -32.02 | -17.39% | -11.46% | -14.35% | 0.78 | |
 OSK | 66.54B | 139.54 | 13.93 | -2.87% | 5.54% | 12.85% | 0.34 | |
 ELPC | 2.1B | 11.32 | 4.07 | 13.04% | 9.97% | 11.08% | 0.88 | |
 ALRM | 2.2B | 44.38 | 18.04 | 7.59% | 12.36% | 14.53% | 1.27 | |
 DGII | 2.6B | 69.06 | 63.94 | 1.46% | 9.1% | 6.72% | 0.28 |
Compare FSS vs Peers
Federal Signal Corporation (FSS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FSS Income Statement
Federal Signal Corporation (FSS) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 898.5M | 1.09B | 1.22B | 1.13B | 1.21B | 1.43B | 1.72B | 1.86B | 2.18B | 2.34B |
Revenue Growth % | 26.92% | 21.26% | 12.1% | -7.41% | 7.29% | 18.27% | 20.07% | 8.06% | 17.14% | 23.25% |
Cost of Goods Sold | 677.3M | 807.4M | 898.5M | 837.2M | 924.5M | 1.09B | 1.27B | 1.33B | 1.57B | 1.68B |
COGS % of Revenue | 75.38% | 74.11% | 73.57% | 74.04% | 76.2% | 75.96% | 73.87% | 71.37% | 71.9% | - |
Gross Profit | 221.2M▲ 0% | 282.1M▲ 27.5% | 322.8M▲ 14.4% | 293.6M▼ 9.0% | 288.7M▼ 1.7% | 344.9M▲ 19.5% | 450.2M▲ 30.5% | 533M▲ 18.4% | 612.8M▲ 15.0% | 665.7M▲ 0% |
Gross Margin % | 24.62% | 25.89% | 26.43% | 25.96% | 23.8% | 24.04% | 26.13% | 28.63% | 28.1% | 28.42% |
Gross Profit Growth % | 20.61% | 27.53% | 14.43% | -9.05% | -1.67% | 19.47% | 30.53% | 18.39% | 14.97% | - |
Operating Expenses | 147.6M | 160.6M | 175.7M | 162.2M | 158M | 184.1M | 225.7M | 251.6M | 255.9M | 274.7M |
OpEx % of Revenue | 16.43% | 14.74% | 14.39% | 14.34% | 13.02% | 12.83% | 13.1% | 13.52% | 11.74% | - |
Selling, General & Admin | 150.4M | 159.1M | 173.2M | 149.2M | 159.5M | 171.7M | 210.1M | 237.8M | 255.9M | 267.7M |
SG&A % of Revenue | 16.74% | 14.6% | 14.18% | 13.19% | 13.15% | 11.97% | 12.2% | 12.77% | 11.74% | - |
Research & Development | 0 | 0 | 13.6M | 12.2M | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | 1.11% | 1.08% | - | - | - | - | - | - |
Other Operating Expenses | -2.8M | 1.5M | -11.1M | 800K | -1.5M | 12.4M | 15.6M | 13.8M | 0 | 2M |
Operating Income | 73.6M▲ 0% | 121.5M▲ 65.1% | 147.1M▲ 21.1% | 131.4M▼ 10.7% | 130.7M▼ 0.5% | 160.8M▲ 23.0% | 224.5M▲ 39.6% | 281.4M▲ 25.3% | 356.9M▲ 26.8% | 391M▲ 0% |
Operating Margin % | 8.19% | 11.15% | 12.04% | 11.62% | 10.77% | 11.21% | 13.03% | 15.12% | 16.37% | 16.69% |
Operating Income Growth % | 21.05% | 65.08% | 21.07% | -10.67% | -0.53% | 23.03% | 39.61% | 25.35% | 26.83% | - |
EBITDA | 103.6M | 157.9M | 188.6M | 176.2M | 181.1M | 215.5M | 284.9M | 346.7M | 437.4M | 476.6M |
EBITDA Margin % | 11.53% | 14.49% | 15.44% | 15.58% | 14.93% | 15.02% | 16.54% | 18.62% | 20.06% | 20.35% |
EBITDA Growth % | 29.66% | 52.41% | 19.44% | -6.57% | 2.78% | 19% | 32.2% | 21.69% | 26.16% | 31.88% |
D&A (Non-Cash Add-back) | 30M | 36.4M | 41.5M | 44.8M | 50.4M | 54.7M | 60.4M | 65.3M | 80.5M | 85.6M |
EBIT | 68.3M | 120.9M | 146.5M | 130.3M | 122.1M | 161.2M | 222.7M | 276.4M | 338.6M | 374.5M |
Net Interest Income | -7.3M | -9.3M | -7.9M | -5.7M | -4.5M | -10.3M | -19.7M | -12.5M | -14.1M | -18M |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 7.3M | 9.3M | 7.9M | 5.7M | 4.5M | 10.3M | 19.7M | 12.5M | 14.1M | 18M |
Other Income/Expense | -6.1M | -9.9M | -8.5M | -6.8M | -13.1M | -9.9M | -21.5M | -17.5M | -32.4M | -36.3M |
Pretax Income | 61M▲ 0% | 111.6M▲ 83.0% | 138.6M▲ 24.2% | 124.6M▼ 10.1% | 117.6M▼ 5.6% | 150.9M▲ 28.3% | 203M▲ 34.5% | 263.9M▲ 30.0% | 324.5M▲ 23.0% | 354.7M▲ 0% |
Pretax Margin % | 6.79% | 10.24% | 11.35% | 11.02% | 9.69% | 10.52% | 11.78% | 14.18% | 14.88% | 15.14% |
Income Tax | 500K | 17.9M | 30.2M | 28.5M | 17M | 30.5M | 45.6M | 47.6M | 77.9M | 84M |
Effective Tax Rate % | 0.82% | 16.04% | 21.79% | 22.87% | 14.46% | 20.21% | 22.46% | 18.04% | 24.01% | 23.68% |
Net Income | 61.6M▲ 0% | 94M▲ 52.6% | 108.5M▲ 15.4% | 96.2M▼ 11.3% | 100.6M▲ 4.6% | 120.4M▲ 19.7% | 157.4M▲ 30.7% | 216.3M▲ 37.4% | 246.6M▲ 14.0% | 270.7M▲ 0% |
Net Margin % | 6.86% | 8.63% | 8.88% | 8.51% | 8.29% | 8.39% | 9.14% | 11.62% | 11.31% | 11.56% |
Net Income Growth % | 40.64% | 52.6% | 15.43% | -11.34% | 4.57% | 19.68% | 30.73% | 37.42% | 14.01% | 28.29% |
Net Income (Continuing) | 60.5M | 93.7M | 108.4M | 96.1M | 100.6M | 120.4M | 157.4M | 216.3M | 246.6M | 270.7M |
Discontinued Operations | 1.1M | 300K | 100K | 100K | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 1.02▲ 0% | 1.54▲ 51.0% | 1.76▲ 14.3% | 1.56▼ 11.4% | 1.63▲ 4.5% | 1.97▲ 20.9% | 2.56▲ 29.9% | 3.50▲ 36.7% | 4.01▲ 14.6% | 4.40▲ 0% |
EPS Growth % | 43.66% | 50.98% | 14.29% | -11.36% | 4.49% | 20.86% | 29.95% | 36.72% | 14.57% | 28.66% |
EPS (Basic) | 1.03 | 1.57 | 1.80 | 1.59 | 1.65 | 1.99 | 2.59 | 3.55 | 4.06 | - |
Diluted Shares Outstanding | 60.4M | 61.2M | 61.6M | 61.7M | 61.9M | 61.2M | 61.5M | 61.7M | 61.5M | 61.5M |
Basic Shares Outstanding | 59.7M | 59.9M | 60.2M | 60.3M | 60.8M | 60.5M | 60.7M | 60.9M | 60.8M | 60.9M |
Dividend Payout Ratio | 27.27% | 19.89% | 17.79% | 20.17% | 21.87% | 18.11% | 15.12% | 13.55% | 13.83% | - |
FSS Balance Sheet
Federal Signal Corporation (FSS) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 303.8M | 328.5M | 360.7M | 405.5M | 431M | 531.4M | 570.2M | 642.5M | 853.8M | 876.8M |
Cash & Short-Term Investments | 37.5M | 37.4M | 31.6M | 81.7M | 40.5M | 47.5M | 61M | 91.1M | 63.7M | 71.4M |
Cash Only | 37.5M | 37.4M | 31.6M | 81.7M | 40.5M | 47.5M | 61M | 91.1M | 63.7M | 71.4M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 118.2M | 124.4M | 134.2M | 127M | 136M | 173.8M | 186.2M | 196.4M | 292.2M | 310.1M |
Days Sales Outstanding | 48.02 | 41.68 | 40.11 | 40.99 | 40.92 | 44.21 | 39.45 | 38.51 | 48.91 | 43.02 |
Inventory | 137.2M | 157.3M | 182.9M | 185M | 229.1M | 292.7M | 303.4M | 331M | 471.6M | 477.8M |
Days Inventory Outstanding | 73.94 | 71.11 | 74.3 | 80.66 | 90.45 | 98.02 | 87.03 | 90.94 | 109.8 | 91.06 |
Other Current Assets | 10.9M | 9.4M | 0 | 0 | 0 | 17.4M | 19.6M | 24M | 26.3M | 17.5M |
Total Non-Current Assets | 688.5M | 695.3M | 804.8M | 803.3M | 935.1M | 992.9M | 1.05B | 1.12B | 1.54B | 1.58B |
Property, Plant & Equipment | 147.3M | 158.6M | 234.9M | 242.1M | 280.1M | 313.1M | 346.6M | 419.9M | 303M | 317.1M |
Fixed Asset Turnover | 6.10x | 6.87x | 5.20x | 4.67x | 4.33x | 4.58x | 4.97x | 4.43x | 7.20x | 6.94x |
Goodwill | 377.3M | 375.1M | 388.8M | 394.2M | 432.2M | 453.4M | 472.7M | 477.7M | 619.8M | 626.8M |
Intangible Assets | 151.8M | 143.1M | 162.9M | 153.5M | 205.7M | 208.2M | 207.5M | 199.7M | 382.9M | 393.9M |
Long-Term Investments | 5.4M | 5.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100K |
Other Non-Current Assets | 500K | 400K | 8.2M | 4M | 8.7M | 9.4M | 11.5M | 16M | 223M | 229.9M |
Total Assets | 992.3M▲ 0% | 1.02B▲ 3.2% | 1.17B▲ 13.8% | 1.21B▲ 3.7% | 1.37B▲ 13.0% | 1.52B▲ 11.6% | 1.62B▲ 6.3% | 1.77B▲ 8.9% | 2.39B▲ 35.5% | 2.45B▲ 0% |
Asset Turnover | 0.91x | 1.06x | 1.05x | 0.94x | 0.89x | 0.94x | 1.06x | 1.05x | 0.91x | 1.08x |
Asset Growth % | 54.28% | 3.17% | 13.84% | 3.72% | 13.01% | 11.58% | 6.31% | 8.93% | 35.54% | 91.22% |
Total Current Liabilities | 117.1M | 158.8M | 160.2M | 148.4M | 170.4M | 180.5M | 195.8M | 241.8M | 282.4M | 308.2M |
Accounts Payable | 51.5M | 36.6M | 65M | 51.6M | 64.8M | 72.4M | 66.7M | 79M | 98M | 115.8M |
Days Payables Outstanding | 27.75 | 16.55 | 26.41 | 22.5 | 25.58 | 24.25 | 19.13 | 21.7 | 22.82 | 22.84 |
Short-Term Debt | 300K | 200K | 0 | 0 | 0 | 800K | 3.9M | 7M | 8.4M | 11.1M |
Deferred Revenue (Current) | 6.5M | 10.1M | 11.5M | 13.3M | 21.9M | 25.4M | 27.1M | 35M | 47.7M | 186M |
Other Current Liabilities | 200K | 52.7M | 44.2M | 44.8M | 44.4M | 0 | 34.7M | 101.6M | 128.3M | 115M |
Current Ratio | 2.59x | 2.07x | 2.25x | 2.73x | 2.53x | 2.94x | 2.91x | 2.66x | 3.02x | 2.84x |
Quick Ratio | 1.42x | 1.08x | 1.11x | 1.49x | 1.18x | 1.32x | 1.36x | 1.29x | 1.35x | 1.29x |
Cash Conversion Cycle | 94.2 | 96.24 | 88 | 99.15 | 105.78 | 117.99 | 107.35 | 107.75 | 135.9 | 111.24 |
Total Non-Current Liabilities | 417.8M | 334.9M | 363.7M | 358.3M | 411.7M | 482.9M | 422.8M | 337.3M | 728.2M | 711.7M |
Long-Term Debt | 277M | 209.4M | 219.9M | 209.4M | 280.7M | 360.2M | 293.5M | 203.9M | 586.2M | 571.7M |
Capital Lease Obligations | 400K | 500K | 22M | 15.9M | 23.6M | 19.8M | 15.7M | 22.3M | 0 | 43.5M |
Deferred Tax Liabilities | 45.4M | 46.3M | 52.7M | 53.7M | 53.2M | 51M | 53.2M | 58M | 71.9M | 271.9M |
Other Non-Current Liabilities | 86.3M | 71.9M | 69.1M | 79.3M | 54.2M | 51.9M | 60.4M | 53.1M | 70.1M | 65.8M |
Total Liabilities | 534.9M | 493.7M | 523.9M | 506.7M | 582.1M | 663.4M | 618.6M | 579.1M | 1.01B | 1.02B |
Total Debt | 277.7M | 210.1M | 250.3M | 233.7M | 313.7M | 388.4M | 320.7M | 252.4M | 594.6M | 582.8M |
Net Debt | 240.2M | 172.7M | 218.7M | 152M | 273.2M | 340.9M | 259.7M | 161.3M | 530.9M | 511.4M |
Debt / Equity | 0.61x | 0.40x | 0.39x | 0.33x | 0.40x | 0.45x | 0.32x | 0.21x | 0.43x | 0.41x |
Debt / EBITDA | 2.68x | 1.33x | 1.33x | 1.33x | 1.73x | 1.80x | 1.13x | 0.73x | 1.36x | 1.22x |
Net Debt / EBITDA | 2.32x | 1.09x | 1.16x | 0.86x | 1.51x | 1.58x | 0.91x | 0.47x | 1.21x | 1.07x |
Interest Coverage | 9.36x | 13.00x | 18.54x | 22.86x | 27.13x | 15.65x | 11.30x | 22.11x | 24.01x | 20.81x |
Total Equity | 457.4M▲ 0% | 530.1M▲ 15.9% | 641.6M▲ 21.0% | 702.1M▲ 9.4% | 784M▲ 11.7% | 860.9M▲ 9.8% | 1B▲ 16.4% | 1.19B▲ 18.4% | 1.38B▲ 16.5% | 1.43B▲ 0% |
Equity Growth % | 16.06% | 15.89% | 21.03% | 9.43% | 11.67% | 9.81% | 16.38% | 18.39% | 16.52% | 65.6% |
Book Value per Share | 7.57 | 8.66 | 10.42 | 11.38 | 12.67 | 14.07 | 16.29 | 19.22 | 22.47 | 23.33 |
Total Shareholders' Equity | 457.4M | 530.1M | 641.6M | 702.1M | 784M | 860.9M | 1B | 1.19B | 1.38B | 1.43B |
Common Stock | 66.1M | 66.4M | 66.9M | 67.8M | 68.9M | 69.5M | 70M | 70.3M | 70.8M | 71M |
Retained Earnings | 346.6M | 432.5M | 528.2M | 605M | 683.6M | 782.2M | 915.8M | 1.1B | 1.32B | 1.38B |
Treasury Stock | -86.1M | -88.5M | -93M | -119.8M | -151M | -178.6M | -193.7M | -207.8M | 0 | 0 |
Accumulated OCI | -76.9M | -97.3M | -89.1M | -91.7M | -74.2M | -84M | -81.3M | -89M | -71M | -74.4M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
FSS Cash Flow Statement
Federal Signal Corporation (FSS) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 72.8M | 92.8M | 103.1M | 136.2M | 101.8M | 71.8M | 194.4M | 231.3M | 254.7M | 319.3M |
Operating CF Margin % | 8.1% | 8.52% | 8.44% | 12.04% | 8.39% | 5% | 11.28% | 12.43% | 11.68% | - |
Operating CF Growth % | 194.74% | 27.47% | 11.1% | 32.1% | -25.26% | -29.47% | 170.75% | 18.98% | 10.12% | 219.16% |
Net Income | 61.6M | 94M | 108.4M | 96.2M | 100.6M | 120.4M | 157.4M | 216.3M | 246.6M | 270.7M |
Depreciation & Amortization | 30M | 36.4M | 41.5M | 44.8M | 50.4M | 54.7M | 60.4M | 65.3M | 80.5M | 85.6M |
Stock-Based Compensation | 4.6M | 7.6M | 0 | 8.4M | 7.6M | 10.2M | 13.1M | 15.6M | 15M | 15.3M |
Deferred Taxes | -14.9M | -5.6M | 3.3M | 5.8M | -6.5M | -4.2M | -300K | 4.9M | 13.9M | 15.5M |
Other Non-Cash Items | -1.6M | -8.5M | 6.6M | -6.6M | 3.3M | -1M | -5.8M | -1.1M | 6.9M | 3.6M |
Working Capital Changes | -6.9M | -31.1M | -56.7M | -12.4M | -53.6M | -108.3M | -30.4M | -69.7M | -108.2M | -71.4M |
Change in Receivables | -11.1M | -7.9M | -4.7M | 8.6M | 2.5M | -38M | -6.1M | -9M | -26.6M | 0 |
Change in Inventory | 9.4M | -22.6M | -10.4M | 2.5M | -24.2M | -61M | 9.8M | -24.1M | -28.1M | 0 |
Change in Payables | -5.2M | 15.6M | -6.6M | -13.9M | 6.4M | 8.3M | -8.5M | 12.6M | 3.4M | 0 |
Cash from Investing | -278.2M | -11M | -84.4M | -34.4M | -168.7M | -99.7M | -83.7M | -78.9M | -527.9M | -491.8M |
Capital Expenditures | -8M | -14.1M | -35.4M | -29.7M | -37.4M | -53M | -30.3M | -40.6M | -27.6M | -28.7M |
CapEx % of Revenue | 0.89% | 1.29% | 2.9% | 2.63% | 3.08% | 3.69% | 1.76% | 2.18% | 1.27% | 1.23% |
Acquisitions | -269.2M | 3M | -49.6M | -5.4M | -131.8M | -49.8M | -55M | -39.7M | -501M | -463.8M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -1M | 100K | 600K | 700K | 500K | 3.1M | 1.6M | 1.4M | 700K | 700K |
Cash from Financing | 190.7M | -81.2M | -24.6M | -53.4M | 26.4M | 35.5M | -97.9M | -121M | 244.5M | 185.9M |
Debt Issued (Net) | 209.1M | -62.1M | 6.4M | -11.8M | 70.5M | 79.3M | -64.9M | -80.4M | 345.3M | 268.3M |
Equity Issued (Net) | -2.9M | -1.7M | -1.4M | -13.1M | -11.2M | -15.9M | -12.5M | -12.8M | -36M | -18.5M |
Dividends Paid | -16.8M | -18.7M | -19.3M | -19.4M | -22M | -21.8M | -23.8M | -29.3M | -34.1M | -34.7M |
Share Repurchases | -2.9M | -1.7M | -3.1M | -22.8M | -15.4M | -16.1M | -12.5M | -12.8M | -39.7M | -22M |
Other Financing | 1.3M | 1.3M | -10.3M | -9.1M | -10.9M | -6.1M | 3.3M | 1.5M | -30.7M | -29.2M |
Net Change in Cash | -13.2M▲ 0% | -100K▲ 99.2% | -5.8M▼ 5700.0% | 50.1M▲ 963.8% | -41.2M▼ 182.2% | 7M▲ 117.0% | 13.5M▲ 92.9% | 30.1M▲ 123.0% | -27.4M▼ 191.0% | 13.9M▲ 0% |
Free Cash Flow | 64.8M▲ 0% | 78.7M▲ 21.5% | 67.7M▼ 14.0% | 106.5M▲ 57.3% | 64.4M▼ 39.5% | 18.8M▼ 70.8% | 164.1M▲ 772.9% | 190.7M▲ 16.2% | 227.1M▲ 19.1% | 290.6M▲ 0% |
FCF Margin % | 7.21% | 7.22% | 5.54% | 9.42% | 5.31% | 1.31% | 9.53% | 10.24% | 10.42% | 12.41% |
FCF Growth % | 248.39% | 21.45% | -13.98% | 57.31% | -39.53% | -70.81% | 772.87% | 16.21% | 19.09% | 46.1% |
FCF per Share | 1.07 | 1.29 | 1.10 | 1.73 | 1.04 | 0.31 | 2.67 | 3.09 | 3.69 | 4.73 |
FCF Conversion (FCF/Net Income) | 1.18x | 0.99x | 0.95x | 1.42x | 1.01x | 0.60x | 1.24x | 1.07x | 1.03x | 1.07x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
FSS Key Ratios
Federal Signal Corporation (FSS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 14.47% | 19.04% | 18.52% | 14.32% | 13.54% | 14.64% | 16.9% | 19.77% | 19.2% | 20.05% |
Return on Invested Capital (ROIC) | 9.99% | 13.01% | 14.12% | 11.5% | 10.26% | 10.68% | 13.67% | 16.18% | 16.42% | 17.09% |
Gross Margin | 24.62% | 25.89% | 26.43% | 25.96% | 23.8% | 24.04% | 26.13% | 28.63% | 28.1% | 28.42% |
Net Margin | 6.86% | 8.63% | 8.88% | 8.51% | 8.29% | 8.39% | 9.14% | 11.62% | 11.31% | 11.56% |
Debt / Equity | 0.61x | 0.40x | 0.39x | 0.33x | 0.40x | 0.45x | 0.32x | 0.21x | 0.43x | 0.41x |
Interest Coverage | 9.36x | 13.00x | 18.54x | 22.86x | 27.13x | 15.65x | 11.30x | 22.11x | 24.01x | 20.81x |
FCF Conversion | 1.18x | 0.99x | 0.95x | 1.42x | 1.01x | 0.60x | 1.24x | 1.07x | 1.03x | 1.07x |
Revenue Growth | 26.92% | 21.26% | 12.1% | -7.41% | 7.29% | 18.27% | 20.07% | 8.06% | 17.14% | 23.25% |
Related:FSS Dividend History·FSS Revenue History·FSS Price History·FSS P/E History·FSS Financial Ratios·FSS Institutional Holders
FSS SEC Filings & Documents
Federal Signal Corporation (FSS) SEC filings — annual & quarterly reports (10-K, 10-Q)
FSS Frequently Asked Questions
Federal Signal Corporation (FSS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Federal Signal Corporation (FSS) reported $2.34B in revenue for fiscal year 2025. This represents a 161% increase from $896.4M in 1996.
Federal Signal Corporation (FSS) grew revenue by 17.1% over the past year. This is strong growth.
Yes, Federal Signal Corporation (FSS) is profitable, generating $270.7M in net income for fiscal year 2025 (11.3% net margin).
Dividend & Returns
Yes, Federal Signal Corporation (FSS) pays a dividend with a yield of 0.47%. This makes it attractive for income-focused investors.
Federal Signal Corporation (FSS) has a return on equity (ROE) of 19.2%. This is reasonable for most industries.
Federal Signal Corporation (FSS) generated $290.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.