Federal Signal Corporation (FSS)

Federal Signal Cash Flow 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
Net Income	221.6	216.3	157.4	120.4	100.6	96.2
Depreciation & Amortization	72.7	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	14.9	15.6	13.1	10.2	7.6	8.4
Other Operating Activities	2.2	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	-37.4	-51	-26.2	-26.9	-30.6	-12.6
Operating Cash Flow	255.8	231.3	194.4	71.8	101.8	136.2
Operating Cash Flow Growth	14.55%	18.98%	170.75%	-29.47%	-25.26%	32.10%
Capital Expenditures	-29.3	-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	0.9	1.4	1.6	3.1	0.5	0.7
Investing Cash Flow	-150.2	-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)	13.8	-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	-57.9	-12.8	-12.5	-22.3	-26.1	-22.8
Common Dividends Paid	-31.7	-29.3	-23.8	-21.8	-22	-19.4
Other Financing Activities	-16.3	-0.5	-0.6	-1.8	-0.2	-
Financing Cash Flow	-90.3	-121	-97.9	35.5	26.4	-53.4
Foreign Exchange Rate Adjustments	0.8	-1.3	0.7	-0.6	-0.7	1.7
Net Cash Flow	16.1	30.1	13.5	7	-41.2	50.1
Free Cash Flow	226.5	190.7	164.1	18.8	64.4	106.5
Free Cash Flow Growth	22.76%	16.21%	772.87%	-70.81%	-39.53%	57.31%
Free Cash Flow Margin	11.47%	10.24%	9.53%	1.31%	5.31%	9.42%
Free Cash Flow Per Share	3.67	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	235.63	198.73	158.6	24.13	53.45	98.3
Unlevered Free Cash Flow	243	206.04	170.41	30.16	55.96	101.56
Change in Working Capital	-56.1	-69.7	-30.4	-108.3	-53.6	-12.4

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

SEC Filings: 10-K · 10-Q