Federal Signal Corporation(FSS)Earnings, Financials & Key Ratios

FSS•NYSE

$124.62

$7.6B mkt cap·31.1× P/E·Price updated May 6, 2026

SectorIndustrials IndustryEnvironmental Services Sub-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%
ROIC16.42%+1.5%
Debt/Equity0.43+102.2%
Interest Coverage24.01+8.6%

Technical→

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%
✓12 consecutive years of dividend growth
✓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.

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

Full history →

●Beat EPS 11/12 qtrs (92%)●Beat Revenue 8/12 qtrs (67%)

Q2 2026Latest

Apr 29, 2026

EPS

$1.18

Est $0.89

+32.6%

Revenue

$626M

Est $580M

+7.9%

Q1 2026

Feb 25, 2026

EPS

$1.16

Est $1.08

+7.4%

Revenue

$597M

Est $546M

+9.5%

Q4 2025

Oct 30, 2025

EPS

$1.14

Est $1.07

+6.5%

Revenue

$555M

Est $551M

+0.7%

Q3 2025

Jul 30, 2025

EPS

$1.17

Est $1.06

+10.4%

Revenue

$565M

Est $545M

+3.5%

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 →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
ASTEAstec Industries, Inc.Direct Competitor	1.23B	53.60	31.90	8.07%	1.75%	3.82%	0.47
HLIOHelios Technologies, Inc.Direct Competitor	2.31B	69.81	48.14	4.11%	5.78%	5.33%	0.12
FELEFranklin Electric Co., Inc.Direct Competitor	4.46B	100.98	31.07	5.44%	6.91%	11.44%	0.21
MIDDThe Middleby CorporationDirect Competitor	6.64B	142.50	-26.49	-17.39%	-7.44%	-8.5%	0.78
OSKOshkosh CorporationProduct Competitor	9.91B	156.71	15.64	-2.87%	6.77%	16.14%	0.24
ELPCCompanhia Paranaense de EnergiaProduct Competitor	2.37B	12.75	4.42	13.04%	10.31%	10.73%	0.88
ALRMAlarm.com Holdings, Inc.Product Competitor	2.26B	45.44	18.47	7.59%	13.11%	15.42%	1.27
DGIIDigi International Inc.Product Competitor	2.21B	58.85	54.49	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.

Closest Rival

vs ASTE

Most directly comparable listed peer for FSS.

Scale Benchmark

vs CAT

Larger-name benchmark to compare FSS against a more recognizable public peer.

Peer Set

Compare Top 5

vs ASTE, HLIO, FELE, MIDD

FSS Income Statement

Federal Signal Corporation (FSS) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	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

Line item	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	685.3M
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	3.02x
Quick Ratio	1.42x	1.08x	1.11x	1.49x	1.18x	1.32x	1.36x	1.29x	1.35x	1.35x
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	243.9M
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	0.43x
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	1.21x
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

Line item	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	254.7M
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%	-
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	3.69
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%	16.42%
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	0.43x
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%

FSS SEC Filings & Documents

Federal Signal Corporation (FSS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 22, 2026·SEC

Material company update

Mar 2, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Jul 30, 2025·SEC

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 0.44%. 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.

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