Last 48 quarters of trend data · Industrials · Industrial - Pollution & Treatment Controls
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Federal Signal Corporation's quarterly P/E stands at 23.7x, down 3.3% year-over-year.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 30.04 | 23.71 | 27.42 | 26.80 | 22.94 | 24.52 | 28.52 | 26.86 | 21.13 | 25.26 | 25.58 | 21.03 | 24.25 |
| — | -3.3% | -3.8% | -0.2% | +8.6% | -2.9% | +11.5% | +27.7% | -12.9% | -16.1% | +25.5% | +17.2% | +49.9% | |
| P/S Ratio | 3.37 | 2.66 | 2.80 | 3.29 | 2.89 | 2.45 | 3.03 | 3.04 | 2.63 | 3.08 | 2.64 | 2.05 | 2.22 |
| — | +8.5% | -7.7% | +8.3% | +9.8% | -20.3% | +14.9% | +48.0% | +18.5% | +42.7% | +45.1% | +25.0% | +50.3% | |
| P/B Ratio | 5.36 | 4.64 | 4.83 | 5.53 | 5.17 | 3.78 | 4.82 | 5.02 | 4.69 | 5.01 | 4.72 | 3.84 | 4.26 |
| — | +22.6% | +0.2% | +10.2% | +10.1% | -24.5% | +2.2% | +30.8% | +10.3% | +32.9% | +42.8% | +39.5% | +58.8% | |
| P/FCF | 32.36 | 17.58 | 18.65 | 33.76 | 31.12 | 36.54 | 17.41 | 23.67 | 52.04 | 57.07 | 12.51 | 21.68 | 37.51 |
| — | -51.9% | +7.1% | +42.6% | -40.2% | -36.0% | +39.3% | +9.2% | +38.7% | -92.4% | -43.7% | -77.5% | -47.4% | |
| EV / EBITDA | 18.01 | 14.36 | 15.22 | 16.17 | 14.36 | 14.20 | 16.76 | 16.10 | 13.93 | 19.63 | 15.90 | 12.91 | 14.41 |
| — | +1.1% | -9.2% | +0.4% | +3.1% | -27.7% | +5.4% | +24.8% | -3.4% | +14.6% | +21.0% | +5.5% | +38.6% | |
| EV / EBIT | 22.08 | 17.75 | 21.61 | 20.08 | 17.43 | 18.43 | 22.27 | 19.68 | 16.72 | 25.29 | 19.85 | 16.14 | 18.52 |
| — | -3.7% | -3.0% | +2.0% | +4.2% | -27.1% | +12.2% | +21.9% | -9.7% | +8.1% | +15.7% | -2.1% | +38.3% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Federal Signal Corporation's operating margin was 16.1% in Q1 2026, down 0.1 pp QoQ and up 2.0 pp YoY.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.1% | 28.0% | 27.5% | 28.3% | 30.0% | 28.2% | 28.1% | 29.6% | 29.4% | 27.3% | 26.6% | 26.4% | 26.5% |
| — | -0.9% | -2.1% | -4.5% | +2.3% | +3.3% | +5.5% | +12.3% | +10.7% | +9.9% | +7.9% | +10.3% | +8.3% | |
| Operating Margin | 16.4% | 16.1% | 16.2% | 17.2% | 17.3% | 14.2% | 14.9% | 16.0% | 16.5% | 12.8% | 14.1% | 14.0% | 13.4% |
| — | +13.9% | +9.2% | +7.6% | +4.6% | +10.8% | +5.5% | +14.3% | +23.2% | +24.7% | +18.2% | +22.8% | +6.6% | |
| Net Margin | 11.3% | 11.3% | 10.2% | 12.3% | 12.6% | 10.0% | 10.6% | 11.4% | 12.4% | 12.1% | 10.3% | 9.7% | 9.1% |
| — | +12.7% | -3.9% | +8.0% | +2.0% | -17.8% | +2.4% | +17.2% | +36.1% | +70.9% | +17.1% | +5.7% | -0.3% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 19.2% | 5.0% | 4.5% | 5.3% | 5.8% | 3.9% | 4.3% | 4.8% | 5.7% | 5.0% | 4.7% | 4.6% | 4.5% |
| — | +28.9% | +5.0% | +10.0% | +2.2% | -23.1% | -9.7% | +4.0% | +27.1% | +60.4% | +15.7% | +18.6% | +6.4% | |
| ROA | 11.9% | 2.9% | 2.8% | 3.5% | 3.8% | 2.5% | 2.9% | 3.1% | 3.6% | 3.2% | 2.8% | 2.6% | 2.5% |
| — | +14.3% | -1.8% | +12.3% | +3.4% | -19.4% | +0.9% | +20.5% | +46.5% | +78.9% | +22.4% | +19.5% | +6.4% | |
| ROIC | 16.4% | 3.9% | 4.2% | 4.8% | 5.0% | 3.5% | 3.9% | 4.3% | 4.6% | 3.2% | 3.7% | 3.6% | 3.5% |
| — | +11.3% | +8.2% | +11.9% | +7.4% | +10.3% | +6.3% | +19.0% | +33.0% | +31.9% | +24.1% | +38.0% | +12.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Federal Signal Corporation's Debt/EBITDA ratio is 4.7x, down from 5.0x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 19.1% YoY to 2.84x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.43 | 0.41 | 0.43 | 0.18 | 0.23 | 0.25 | 0.21 | 0.23 | 0.26 | 0.28 | 0.32 | 0.41 | 0.47 |
| — | +60.1% | +102.2% | -18.4% | -9.1% | -9.7% | -33.5% | -44.8% | -45.2% | -38.4% | -29.1% | -5.4% | +7.6% | |
| Debt / EBITDA | 1.36 | 4.67 | 5.02 | 2.10 | 2.52 | 3.62 | 2.88 | 2.81 | 2.93 | 4.21 | 4.09 | 5.02 | 5.81 |
| — | +29.2% | +74.5% | -25.2% | -14.0% | -14.2% | -29.6% | -44.1% | -49.6% | -43.7% | -36.2% | -25.5% | -1.7% | |
| Current Ratio | 3.02 | 2.84 | 3.02 | 2.61 | 2.60 | 2.39 | 2.66 | 2.83 | 2.89 | 2.82 | 2.91 | 2.98 | 3.05 |
| — | +19.1% | +13.8% | -7.9% | -10.0% | -15.4% | -8.8% | -5.0% | -5.4% | +1.2% | -1.1% | +5.8% | +14.4% | |
| Quick Ratio | 1.35 | 1.29 | 1.35 | 1.25 | 1.25 | 1.09 | 1.29 | 1.36 | 1.35 | 1.29 | 1.36 | 1.35 | 1.34 |
| — | +19.0% | +5.1% | -8.1% | -7.4% | -15.8% | -5.5% | +0.8% | +0.2% | +5.5% | +3.0% | +9.7% | +9.6% | |
| Interest Coverage | 24.01 | 14.62 | 17.38 | 33.32 | 27.69 | 21.67 | 21.29 | 25.20 | 25.22 | 16.91 | 14.60 | 12.20 | 10.41 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Federal Signal Corporation's current P/E is 30.0x. The average P/E over the last 4 quarters is 25.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Federal Signal Corporation's current operating margin is 16.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Federal Signal Corporation's business trajectory between earnings reports.