Federal Signal Corporation (FSS)

Federal Signal Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	270.7	246.6	216.3	157.4	120.4	100.6
Depreciation & Amortization	85.6	80.5	65.3	60.4	54.7	50.4
Stock-Based Compensation	15.3	15	15.6	13.1	10.2	7.6
Other Adjustments	18.9	20.8	3.8	-6.1	-5.2	-3.2
Change in Receivables	-	-26.6	-9	-6.1	-38	2.5
Changes in Inventories	-	-28.1	-24.1	9.8	-61	-24.2
Changes in Accounts Payable	-	3.4	12.6	-8.5	8.3	6.4
Changes in Accrued Expenses	-	4	6.8	15.8	1.1	-5.5
Changes in Income Taxes Payable	-	-0.6	-5.4	-0.5	8	-11.6
Changes in Unearned Revenue	-	-8.7	7.2	1.1	1.3	3.9
Changes in Other Operating Activities	-	-51.6	-57.8	-42	-28	-25.1
Operating Cash Flow	319.3	254.7	231.3	194.4	71.8	101.8
Operating Cash Flow Growth	34.90%	10.12%	18.98%	170.75%	-29.47%	-25.26%
Capital Expenditures	-28.7	-27.6	-40.6	-30.3	-53	-37.4
Payments for Business Acquisitions	-463.8	-501	-39.7	-55	-49.8	-131.8
Other Investing Activities	0.35	0.7	1.4	1.6	3.1	0.5
Investing Cash Flow	-491.8	-527.9	-78.9	-83.7	-99.7	-168.7
Short-Term Debt Issued	-7	70	-76.5	-64.1	81.2	70.5
Net Short-Term Debt Issued (Repaid)	-7	70	-76.5	-64.1	81.2	70.5
Long-Term Debt Issued	-	400	-	-	-	-
Long-Term Debt Repaid	-119.5	-120.3	-3.9	-0.8	-	-
Net Long-Term Debt Issued (Repaid)	-119.5	279.7	-3.9	-0.8	-	-
Issuance of Common Stock	3.8	3.7	2	3.9	0.2	4.2
Repurchase of Common Stock	-34.4	-53.3	-12.8	-12.5	-22.3	-26.1
Net Common Stock Issued (Repurchased)	-30.6	-49.6	-10.8	-8.6	-22.1	-21.9
Common Dividends Paid	-34.7	-34.1	-29.3	-23.8	-21.8	-22
Other Financing Activities	-17.1	-21.5	-0.5	-0.6	-1.8	-0.2
Financing Cash Flow	185.9	244.5	-121	-97.9	35.5	26.4
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.5	1.3	-1.3	0.7	-0.6	-0.7
Net Cash Flow	13.9	-27.4	30.1	13.5	7	-41.2
Free Cash Flow	290.6	227.1	190.7	164.1	18.8	64.4
Free Cash Flow Growth	27.96%	19.09%	16.21%	772.87%	-70.81%	-39.53%
FCF Margin	12.41%	10.42%	10.24%	9.53%	1.31%	5.31%
Free Cash Flow Per Share	4.73	3.69	3.09	2.67	0.31	1.04
Levered Free Cash Flow	201.1	567.6	99.9	98.3	133	128
Unlevered Free Cash Flow	343.02	230.36	194.64	179.87	59.7	68.71

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q