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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,975	1,862	1,723	1,435	1,213	1,131
Revenue Growth (YoY)	9.09%	8.06%	20.07%	18.27%	7.29%	-7.41%
Cost of Revenue	1,401	1,329	1,273	1,090	924.5	837.2
Gross Profit	573.4	533	450.2	344.9	288.7	293.6
Selling, General & Admin	235	222.5	198.1	159.6	136.7	136.5
Research & Development	12.4	12.4	12.4	11.5	11.4	12.2
Operating Expenses	263.8	249.9	225.7	184	159	158.3
Operating Income	309.6	283.1	224.5	160.9	129.7	135.3
Interest Expense	-12.6	-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)	0.6	0.6	-	-	0.6	0.3
EBT Excluding Unusual Items	296.7	270.3	204.2	150.4	126.1	130.3
Merger & Restructuring Charges	-2	-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	290.9	263.9	203	150.9	117.6	124.6
Income Tax Expense	69.3	47.6	45.6	30.5	17	28.5
Earnings From Continuing Operations	221.6	216.3	157.4	120.4	100.6	96.1
Earnings From Discontinued Operations	-	-	-	-	-	0.1
Net Income	221.6	216.3	157.4	120.4	100.6	96.2
Net Income to Common	221.6	216.3	157.4	120.4	100.6	96.2
Net Income Growth	9.65%	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)	-	0.33%	0.49%	-1.13%	0.32%	0.16%
EPS (Basic)	3.64	3.55	2.59	1.99	1.65	1.60
EPS (Diluted)	3.59	3.50	2.56	1.97	1.63	1.56
EPS Growth	9.46%	36.72%	29.95%	20.86%	4.38%	-11.35%
Free Cash Flow	226.5	190.7	164.1	18.8	64.4	106.5
Free Cash Flow Per Share	3.67	3.09	2.67	0.31	1.04	1.73
Dividend Per Share	0.520	0.480	0.390	0.360	0.360	0.320
Dividend Growth	18.18%	23.08%	8.33%	-	12.50%	-
Gross Margin	29.04%	28.63%	26.13%	24.04%	23.80%	25.96%
Operating Margin	15.68%	15.21%	13.03%	11.21%	10.69%	11.96%
Profit Margin	11.22%	11.62%	9.14%	8.39%	8.29%	8.51%
Free Cash Flow Margin	11.47%	10.24%	9.53%	1.31%	5.31%	9.42%
EBITDA	382.3	348.4	284.9	215.6	180.1	180.1
EBITDA Margin	19.36%	18.72%	16.54%	15.03%	14.85%	15.93%
D&A For EBITDA	72.7	65.3	60.4	54.7	50.4	44.8
EBIT	309.6	283.1	224.5	160.9	129.7	135.3
EBIT Margin	15.68%	15.21%	13.03%	11.21%	10.69%	11.96%
Effective Tax Rate	23.82%	18.04%	22.46%	20.21%	14.46%	22.87%

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

SEC Filings: 10-K · 10-Q