Federal Signal Corporation (FSS)

Federal Signal Financials Overview

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

Revenue & Profits

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	2,448	2,181	1,862	1,723	1,435	1,213
Revenue Growth	23.97%	17.14%	8.06%	20.07%	18.27%	7.29%
Gross Profit Gross Profit Growth	714	631.2	533	450.2	344.9	288.7
Operating Income Operating Income Growth	409.5	354.2	283.1	224.5	160.9	129.7
Net Income Net Income Growth	285.4	246.6	216.3	157.4	120.4	100.6
Earnings Per Share EPS Growth	4.64	4.01	3.50	2.56	1.97	1.63
EPS Growth	29.27%	14.57%	36.72%	29.95%	20.86%	4.38%

Revenue by Segment

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Vehicles and Equipment Vehicles and Equipment Growth	1,634	1,435	1,214	1,121	927.9	764.3
Parts Parts Growth	304	265.8	232.2	217	173.7	150.3
Rental Income Rental Income Growth	78.1	72.9	61.7	55.2	53.1	44.7
Other Environmental Solutions Other Environmental Solutions Growth	63.5	64	49.4	44.8	35.9	44.7
Public Safety and Security Equipment Public Safety and Security Equipment Growth	245.2	222.9	192.6	173.2	149.1	126.1
Industrial Signaling Equipment Industrial Signaling Equipment Growth	73.3	70.3	69.4	71.9	62.1	53.9
Warning Systems Warning Systems Growth	49.4	49.8	42.4	39.7	33	29.2
Revenue (Total) Revenue (Total) Growth	2,448	2,181	1,862	1,723	1,435	1,213

Cash & Debt

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	62.8	63.7	91.1	61	47.5	40.5
Total Debt Total Debt Growth	485.8	594.6	253	321.4	388.7	314.4
Net Cash (Debt) Net Cash Growth	-423	-530.9	-161.9	-260.4	-341.2	-273.9
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-6.88	-8.63	-2.62	-4.23	-5.58	-4.42

Cash Flow & CapEx

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	372.5	254.7	231.3	194.4	71.8	101.8
Capital Expenditures CapEx Growth	-33.3	-27.6	-40.6	-30.3	-53	-37.4
Free Cash Flow Free Cash Flow Growth	339.2	227.1	190.7	164.1	18.8	64.4
Free Cash Flow Growth	49.76%	19.09%	16.21%	772.87%	-70.81%	-39.53%

Margins

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	29.17%	28.95%	28.63%	26.13%	24.04%	23.80%
Operating Margin	16.73%	16.24%	15.21%	13.03%	11.21%	10.69%
Pretax Margin	15.23%	14.88%	14.18%	11.78%	10.52%	9.69%
Profit Margin	11.66%	11.31%	11.62%	9.14%	8.39%	8.29%
FCF Margin	13.86%	10.42%	10.24%	9.53%	1.31%	5.31%

Dividends

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 21, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.600	0.560	0.480	0.390	0.360	0.360
Dividend Per Share Growth	9.26%	16.67%	23.08%	8.33%	0%	12.50%
Dividend Yield	0.49%	0.52%	0.53%	0.52%	0.79%	0.86%

Valuation

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 21, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	26.29	26.78	26.10	29.71	23.40	26.31
Forward PE	22.54	24.02	25.43	27.13	20.45	21.93
P/FCF Ratio	21.95	29.08	29.61	28.49	149.88	41.10
PS Ratio	3.04	3.03	3.03	2.71	1.96	2.18

Data Sources: S&P Global Market Intelligence and Fiscal.ai Last updated: Jul 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company. Revenue segment data is provided by Fiscal.ai.

Update frequency:

Quarterly

Last checked:

Aug 18, 2026

Data Sources Report a data error