Federal Signal Corporation (FSS)
NYSE: FSS · Real-Time Price · USD
115.36
+0.45 (0.39%)
Nov 13, 2026, 4:00 PM EST - Market closed
Federal Signal Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 296.9 | 246.6 | 216.3 | 157.4 | 120.4 | 100.6 |
Depreciation & Amortization | 95.3 | 80.5 | 65.3 | 60.4 | 54.7 | 50.4 |
Other Amortization | 0.7 | 0.7 | 0.5 | 0.5 | 0.4 | 0.3 |
Stock-Based Compensation | 15.3 | 15 | 15.6 | 13.1 | 10.2 | 7.6 |
Other Operating Activities | 12.7 | 20.1 | 3.3 | -6.6 | -5.6 | -3.5 |
Change in Accounts Receivable | -26.6 | -26.6 | -9 | -6.1 | -38 | 2.5 |
Change in Inventory | -28.1 | -28.1 | -24.1 | 9.8 | -61 | -24.2 |
Change in Accounts Payable | 3.4 | 3.4 | 12.6 | -8.5 | 8.3 | 6.4 |
Change in Unearned Revenue | -8.7 | -8.7 | 7.2 | 1.1 | 1.3 | 3.9 |
Change in Income Taxes | -0.6 | -0.6 | -5.4 | -0.5 | 8 | -11.6 |
Change in Other Net Operating Assets | 42.5 | -47.6 | -51 | -26.2 | -26.9 | -30.6 |
Operating Cash Flow | 402.8 | 254.7 | 231.3 | 194.4 | 71.8 | 101.8 |
Operating Cash Flow Growth | 62.35% | 10.12% | 18.98% | 170.75% | -29.47% | -25.26% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -37.7 | -27.6 | -40.6 | -30.3 | -53 | -37.4 |
Cash Acquisitions | -486.1 | -501 | -39.7 | -55 | -49.8 | -131.8 |
Other Investing Activities | 2 | 0.7 | 1.4 | 1.6 | 3.1 | 0.5 |
Investing Cash Flow | -521.8 | -527.9 | -78.9 | -83.7 | -99.7 | -168.7 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 470 | - | - | 81.2 | 70.5 |
Long-Term Debt Repaid | - | -120.3 | -80.4 | -64.9 | - | - |
Net Debt Issued (Repaid) | 208.3 | 349.7 | -80.4 | -64.9 | 81.2 | 70.5 |
Issuance of Common Stock | 3.6 | 3.7 | 2 | 3.9 | 0.2 | 4.2 |
Repurchase of Common Stock | -20.2 | -53.3 | -12.8 | -12.5 | -22.3 | -26.1 |
Common Dividends Paid | -36 | -34.1 | -29.3 | -23.8 | -21.8 | -22 |
Other Financing Activities | -17 | -21.5 | -0.5 | -0.6 | -1.8 | -0.2 |
Financing Cash Flow | 138.7 | 244.5 | -121 | -97.9 | 35.5 | 26.4 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -0.4 | 1.3 | -1.3 | 0.7 | -0.6 | -0.7 |
Net Cash Flow | 19.3 | -27.4 | 30.1 | 13.5 | 7 | -41.2 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 365.1 | 227.1 | 190.7 | 164.1 | 18.8 | 64.4 |
Free Cash Flow Growth | 66.18% | 19.09% | 16.21% | 772.87% | -70.81% | -39.53% |
Free Cash Flow Margin | 14.33% | 10.42% | 10.24% | 9.53% | 1.31% | 5.31% |
Free Cash Flow Per Share | 5.94 | 3.69 | 3.09 | 2.67 | 0.31 | 1.04 |
Levered Free Cash Flow | 216.83 | 101.16 | 198.73 | 158.6 | 24.13 | 53.45 |
Unlevered Free Cash Flow | 230.5 | 109.28 | 206.04 | 170.41 | 30.16 | 55.96 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 14.3 | 14.3 | 15.3 | 22.8 | 9.4 | 3.9 |
Cash Income Tax Paid | 64.9 | 64.9 | 62.4 | 46.2 | 26.9 | 35.5 |
Change in Working Capital | -18.1 | -108.2 | -69.7 | -30.4 | -108.3 | -53.6 |