Federal Signal Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	235.8	216.3	157.4	120.4	100.6	96.2
Depreciation & Amortization	76.5	65.3	60.4	54.7	50.4	44.8
Other Amortization	0.5	0.5	0.5	0.4	0.3	0.3
Stock-Based Compensation	15.1	15.6	13.1	10.2	7.6	8.4
Other Operating Activities	8	3.3	-6.6	-5.6	-3.5	-1
Change in Accounts Receivable	-9	-9	-6.1	-38	2.5	8.6
Change in Inventory	-24.1	-24.1	9.8	-61	-24.2	2.5
Change in Accounts Payable	12.6	12.6	-8.5	8.3	6.4	-13.9
Change in Unearned Revenue	7.2	7.2	1.1	1.3	3.9	1.7
Change in Income Taxes	-5.4	-5.4	-0.5	8	-11.6	1.3
Change in Other Net Operating Assets	-70.5	-51	-26.2	-26.9	-30.6	-12.6
Operating Cash Flow	248.1	231.3	194.4	71.8	101.8	136.2
Operating Cash Flow Growth	1.64%	18.98%	170.75%	-29.47%	-25.26%	32.10%
Capital Expenditures	-28.4	-40.6	-30.3	-53	-37.4	-29.7
Cash Acquisitions	-121.8	-39.7	-55	-49.8	-131.8	-5.4
Other Investing Activities	0.8	1.4	1.6	3.1	0.5	0.7
Investing Cash Flow	-149.4	-78.9	-83.7	-99.7	-168.7	-34.4
Long-Term Debt Issued	-	-	-	81.2	70.5	-
Long-Term Debt Repaid	-	-80.4	-64.9	-	-	-11.8
Net Debt Issued (Repaid)	-16.4	-80.4	-64.9	81.2	70.5	-11.8
Issuance of Common Stock	1.8	2	3.9	0.2	4.2	0.6
Repurchase of Common Stock	-54.2	-12.8	-12.5	-22.3	-26.1	-22.8
Common Dividends Paid	-32.9	-29.3	-23.8	-21.8	-22	-19.4
Other Financing Activities	-16.5	-0.5	-0.6	-1.8	-0.2	-
Financing Cash Flow	-118.2	-121	-97.9	35.5	26.4	-53.4
Foreign Exchange Rate Adjustments	0.2	-1.3	0.7	-0.6	-0.7	1.7
Net Cash Flow	-19.3	30.1	13.5	7	-41.2	50.1
Free Cash Flow	219.7	190.7	164.1	18.8	64.4	106.5
Free Cash Flow Growth	8.17%	16.21%	772.87%	-70.81%	-39.53%	57.31%
Free Cash Flow Margin	10.69%	10.24%	9.53%	1.31%	5.31%	9.42%
Free Cash Flow Per Share	3.57	3.09	2.67	0.31	1.04	1.73
Cash Interest Paid	15.3	15.3	22.8	9.4	3.9	5.4
Cash Income Tax Paid	62.4	62.4	46.2	26.9	35.5	22.3
Levered Free Cash Flow	222.4	198.73	158.6	24.13	53.45	98.3
Unlevered Free Cash Flow	229.65	206.04	170.41	30.16	55.96	101.56
Change in Working Capital	-89.2	-69.7	-30.4	-108.3	-53.6	-12.4

Source: S&P Global Market Intelligence. Standard template. Financial Sources.