Federal Signal Corp
FSS- Exchange
- NYSE
- Industry
- Motor Vehicles & Passenger Car Bodies
- SEC CIK
- 0000277509
No open-market purchases or sales by Federal Signal Corp insiders were filed in the last 90 days; 477 institutions reported holding it in 13F filings for Q2 2026, worth $8.00B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 30, 2026, 1:13 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | – | – | – | – | – |
| Revenue | $2.18B | $1.86B | $1.72B | $1.43B | $1.21B |
| Cost of revenue | $1.55B | $1.33B | $1.27B | $1.09B | $924.5M |
| Gross profit | $631.2M | $533.0M | $450.2M | $344.9M | $288.7M |
| Selling, general and administrative | $255.9M | $234.0M | $210.1M | $171.7M | $149.2M |
| Operating income | $340.9M | $281.4M | $224.5M | $160.8M | $130.7M |
| Interest expense | $14.1M | $12.5M | $19.7M | $10.3M | $4.50M |
| Income tax | $77.9M | $47.6M | $45.6M | $30.5M | $17.0M |
| Net income | $246.6M | $216.3M | $157.4M | $120.4M | $100.6M |
| EPS, basic | $4.06 | $3.55 | $2.59 | $1.99 | $1.65 |
| EPS, diluted | $4.01 | $3.50 | $2.56 | $1.97 | $1.63 |
| Weighted shares, basic | 60.8M | 60.9M | 60.7M | 60.5M | 60.8M |
| Weighted shares, diluted | 61.5M | 61.7M | 61.5M | 61.2M | 61.9M |
| Margins and growth | |||||
| Gross margin | 28.9% | 28.6% | 26.1% | 24.0% | 23.8% |
| Operating margin | 15.6% | 15.1% | 13.0% | 11.2% | 10.8% |
| Net margin | 11.3% | 11.6% | 9.1% | 8.4% | 8.3% |
| Revenue growth, year over year | +17.1% | +8.1% | +20.1% | +18.3% | +7.3% |
| Net income growth, year over year | +14.0% | +37.4% | +30.7% | +19.7% | +4.6% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | – | – | – | – | – |
| Cash and equivalents | $63.7M | $91.1M | $61.0M | $47.5M | $40.5M |
| Accounts receivable | $292.2M | $196.4M | $186.2M | $173.8M | $136.0M |
| Inventory | $471.6M | $331.0M | $303.4M | $292.7M | $229.1M |
| Total current assets | $853.8M | $642.5M | $570.2M | $531.4M | $431.0M |
| Property, plant and equipment | $274.6M | $218.9M | $190.8M | $179.3M | $141.9M |
| Goodwill | $619.8M | $477.7M | $472.7M | $453.4M | $432.2M |
| Intangible assets | $382.9M | $199.7M | $207.5M | $208.2M | $205.7M |
| Total assets | $2.39B | $1.77B | $1.62B | $1.52B | $1.37B |
| Accounts payable | $98.0M | $79.0M | $66.7M | $72.4M | $64.8M |
| Short-term debt | $0 | $7.00M | $3.90M | $800.0K | – |
| Total current liabilities | $282.4M | $241.8M | $195.8M | $180.5M | $170.4M |
| Total liabilities | $1.01B | $579.1M | $618.6M | $663.4M | $582.1M |
| Shareholders' equity | $1.38B | $1.19B | $1.00B | $860.9M | $784.0M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | – | – | – | – | – |
| Operating cash flow | $254.7M | $231.3M | $194.4M | $71.8M | $101.8M |
| Capital expenditures | $27.6M | $40.6M | $30.3M | $53.0M | $37.4M |
| Free cash flow | $227.1M | $190.7M | $164.1M | $18.8M | $64.4M |
| Depreciation and amortization | $80.5M | $65.3M | $60.4M | $54.7M | $50.4M |
| Stock-based compensation | $15.0M | $15.6M | $13.1M | $10.2M | $7.60M |
| Dividends paid | $34.1M | $29.3M | $23.8M | $21.8M | $22.0M |
| Share buybacks | $39.7M | $6.70M | $5.50M | $16.1M | $15.4M |
| Investing cash flow | -$527.9M | -$78.9M | -$83.7M | -$99.7M | -$168.7M |
| Financing cash flow | $244.5M | -$121.0M | -$97.9M | $35.5M | $26.4M |
| Net change in cash | -$27.4M | $30.1M | $13.5M | $7.00M | -$41.2M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.7% | 0.8% | 0.8% | 0.7% | 0.6% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Sep 30, 2026 | 61.0M | +0.3% | SEC |
| Jun 30, 2026 | 61.0M | +0.4% | SEC |
| Mar 31, 2026 | 61.0M | +0.1% | SEC |
| Jan 31, 2026 | 60.9M | −0.3% | SEC |
| Sep 30, 2025 | 60.8M | −0.5% | SEC |
| Jun 30, 2025 | 60.8M | −0.6% | SEC |
| Mar 31, 2025 | 61.0M | −0.2% | SEC |
| Jan 31, 2025 | 61.1M | +0.2% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.