Federal Signal Corporation (FSS)

Federal Signal Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,055	1,862	1,723	1,435	1,213	1,131
Revenue Growth (YoY)	11.83%	8.06%	20.07%	18.27%	7.29%	-7.41%
Cost of Revenue	1,461	1,329	1,273	1,090	924.5	837.2
Gross Profit	594.5	533	450.2	344.9	288.7	293.6
Selling, General & Admin	236.6	222.5	198.1	159.6	136.7	136.5
Research & Development	12.4	12.4	12.4	11.5	11.4	12.2
Amortization of Goodwill & Intangibles	17.1	15	15.2	12.9	10.9	9.6
Operating Expenses	266.1	249.9	225.7	184	159	158.3
Operating Income	328.4	283.1	224.5	160.9	129.7	135.3
Interest Expense	-12.4	-12.5	-19.7	-10.3	-4.5	-5.7
Currency Exchange Gain (Loss)	-0.9	-0.9	-0.6	-0.2	0.3	0.4
Other Non Operating Income (Expenses)	0.5	0.6	-	-	0.6	0.3
EBT Excluding Unusual Items	315.6	270.3	204.2	150.4	126.1	130.3
Merger & Restructuring Charges	-3	-2.6	-0.4	0.5	2.1	-3.4
Other Unusual Items	-3.8	-3.8	-0.8	-	-10.6	-2.3
Pretax Income	308.8	263.9	203	150.9	117.6	124.6
Income Tax Expense	73	47.6	45.6	30.5	17	28.5
Earnings From Continuing Operations	235.8	216.3	157.4	120.4	100.6	96.1
Earnings From Discontinued Operations	-	-	-	-	-	0.1
Net Income	235.8	216.3	157.4	120.4	100.6	96.2
Net Income to Common	235.8	216.3	157.4	120.4	100.6	96.2
Net Income Growth	10.86%	37.42%	30.73%	19.68%	4.57%	-11.34%
Shares Outstanding (Basic)	61	61	61	61	61	60
Shares Outstanding (Diluted)	62	62	62	61	62	62
Shares Change (YoY)	-0.28%	0.33%	0.49%	-1.13%	0.32%	0.16%
EPS (Basic)	3.88	3.55	2.59	1.99	1.65	1.60
EPS (Diluted)	3.82	3.50	2.56	1.97	1.63	1.56
EPS Growth	10.74%	36.72%	29.95%	20.86%	4.38%	-11.35%
Free Cash Flow	219.7	190.7	164.1	18.8	64.4	106.5
Free Cash Flow Per Share	3.57	3.09	2.67	0.31	1.04	1.73
Dividend Per Share	0.540	0.480	0.390	0.360	0.360	0.320
Dividend Growth	17.39%	23.08%	8.33%	-	12.50%	-
Gross Margin	28.92%	28.63%	26.13%	24.04%	23.80%	25.96%
Operating Margin	15.98%	15.21%	13.03%	11.21%	10.69%	11.96%
Profit Margin	11.47%	11.62%	9.14%	8.39%	8.29%	8.51%
Free Cash Flow Margin	10.69%	10.24%	9.53%	1.31%	5.31%	9.42%
EBITDA	404.9	348.4	284.9	215.6	180.1	180.1
EBITDA Margin	19.70%	18.72%	16.54%	15.03%	14.85%	15.93%
D&A For EBITDA	76.5	65.3	60.4	54.7	50.4	44.8
EBIT	328.4	283.1	224.5	160.9	129.7	135.3
EBIT Margin	15.98%	15.21%	13.03%	11.21%	10.69%	11.96%
Effective Tax Rate	23.64%	18.04%	22.46%	20.21%	14.46%	22.87%

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q