Revenue
$2.18B
Fiscal year ended 2025-12-31Operating income
$340.90M
Fiscal year ended 2025-12-31Free cash flow
$227.10M
Fiscal year ended 2025-12-31FEDERAL SIGNAL CORP /DE/ (FSS) reported revenue of $2.18B and net income of $246.60M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from FEDERAL SIGNAL CORP /DE/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Motor Vehicles & Passenger Car Bodies.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.18B | $1.86B | $1.72B | $1.43B | $1.21B | $1.13B | $1.22B | $1.09B | $898.50M | $707.90M |
| Cost of revenue | $1.55B | $1.33B | $1.27B | $1.09B | $924.50M | $837.20M | $898.50M | $807.40M | $677.30M | $524.50M |
| Gross profit | $631.20M | $533.00M | $450.20M | $344.90M | $288.70M | $293.60M | $322.80M | $282.10M | $221.20M | $183.40M |
| Operating income | $340.90M | $281.40M | $224.50M | $160.80M | $130.70M | $131.40M | $147.10M | $121.50M | $73.60M | $60.80M |
| Net income | $246.60M | $216.30M | $157.40M | $120.40M | $100.60M | $96.20M | $108.50M | $94.00M | $61.60M | $43.80M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 61.50M | shares 61.70M | shares 61.50M | shares 61.20M | shares 61.90M | shares 61.70M | shares 61.60M | shares 61.20M | shares 60.40M | shares 61.20M |
| Pretax income | $324.50M | $263.90M | $203.00M | $150.90M | $117.60M | $124.60M | $138.60M | $111.60M | $61.00M | $56.80M |
| Income tax expense | $77.90M | $47.60M | $45.60M | $30.50M | $17.00M | $28.50M | $30.20M | $17.90M | $500.00K | $17.40M |
| Diluted EPS | $4.01 | $3.50 | $2.56 | $1.97 | $1.63 | $1.56 | $1.76 | $1.54 | $1.02 | $0.71 |
| Selling, general & administrative | $255.90M | $234.00M | $210.10M | $171.70M | $149.20M | $149.20M | $164.40M | $159.10M | $144.30M | $119.50M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $63.70M | $91.10M | $61.00M | $47.50M | $40.50M | $81.70M | $31.60M | $37.40M | $37.50M | $50.70M |
| Total assets | $2.39B | $1.77B | $1.62B | $1.52B | $1.37B | $1.21B | $1.17B | $1.02B | $992.30M | $643.20M |
| Current assets | $853.80M | $642.50M | $570.20M | $531.40M | $431.00M | $405.50M | $360.70M | $328.50M | $303.80M | $259.60M |
| Total liabilities | $1.01B | $579.10M | $618.60M | $663.40M | $582.10M | $506.70M | $523.90M | $493.70M | $534.90M | $249.10M |
| Current liabilities | $282.40M | $241.80M | $195.80M | $180.50M | $170.40M | $148.40M | $160.20M | $158.80M | $117.10M | $84.90M |
| Total equity incl. NCI | $1.38B | $1.19B | $1.00B | $860.90M | $784.00M | $702.10M | $641.60M | $530.10M | $457.40M | $394.10M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $471.60M | $331.00M | $303.40M | $292.70M | $229.10M | $185.00M | $182.90M | $157.30M | $137.20M | $120.10M |
| Accounts receivable | $292.20M | $196.40M | $186.20M | $173.80M | $136.00M | $127.00M | $134.20M | $124.40M | $118.20M | $81.30M |
| Goodwill | $619.80M | $477.70M | $472.70M | $453.40M | $432.20M | $394.20M | $388.80M | $375.10M | $377.30M | $236.50M |
| Long-term debt | $564.60M | $204.40M | $294.30M | $361.50M | $282.20M | $209.80M | $220.30M | $209.90M | $277.40M | $63.50M |
| Accounts payable | $98.00M | $79.00M | $66.70M | $72.40M | $64.80M | $51.60M | $65.00M | $66.10M | $51.50M | $35.30M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $254.70M | $231.30M | $194.40M | $71.80M | $101.80M | $136.20M | $103.10M | $92.80M | $72.80M | $24.70M |
| Capital expenditures | $27.60M | $40.60M | $30.30M | $53.00M | $37.40M | $29.70M | $35.40M | $14.10M | $8.00M | $6.10M |
| Investing cash flow | -$527.90M | -$78.90M | -$83.70M | -$99.70M | -$168.70M | -$34.40M | -$84.40M | -$11.00M | -$278.20M | -$16.80M |
| Financing cash flow | $244.50M | -$121.00M | -$97.90M | $35.50M | $26.40M | -$53.40M | -$24.60M | -$81.20M | $190.70M | -$36.40M |
| Net change in cash | -$27.40M | $30.10M | $13.50M | $7.00M | -$41.20M | $50.10M | -$5.80M | -$100.00K | -$13.20M | -$30.30M |
| Stock-based compensation | $15.00M | $15.60M | $13.10M | $10.20M | $7.60M | $8.40M | $8.80M | $7.60M | $4.60M | $4.80M |
| Common dividends paid | $34.10M | $29.30M | $23.80M | $21.80M | $22.00M | $19.40M | $19.30M | $18.70M | $16.80M | $16.90M |
| Common share repurchases | $39.70M | $6.70M | $5.50M | $16.10M | $15.40M | $13.70M | $1.00M | $1.20M | $0 | $37.80M |
| Depreciation & amortization | $80.50M | $65.30M | $60.40M | $54.70M | $50.40M | $44.80M | $41.50M | $36.40M | $30.00M | $19.10M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $227.10M | $190.70M | $164.10M | $18.80M | $64.40M | $106.50M | $67.70M | $78.70M | $64.80M | $18.60M |
| Gross margin | 28.9% | 28.6% | 26.1% | 24.0% | 23.8% | 26.0% | 26.4% | 25.9% | 24.6% | 25.9% |
| Operating margin | 15.6% | 15.1% | 13.0% | 11.2% | 10.8% | 11.6% | 12.0% | 11.2% | 8.2% | 8.6% |
| FCF margin | 10.4% | 10.2% | 9.5% | 1.3% | 5.3% | 9.4% | 5.5% | 7.2% | 7.2% | 2.6% |
| SBC / revenue | 0.7% | 0.8% | 0.8% | 0.7% | 0.6% | 0.7% | 0.7% | 0.7% | 0.5% | 0.7% |
| Current ratio | 3.02x | 2.66x | 2.91x | 2.94x | 2.53x | 2.73x | 2.25x | 2.07x | 2.59x | 3.06x |
| Revenue YoY growth | 17.1% | 8.1% | 20.1% | 18.3% | 7.3% | -7.4% | 12.1% | 21.3% | 26.9% | Unavailable |
| Net margin | 11.3% | 11.6% | 9.1% | 8.4% | 8.3% | 8.5% | 8.9% | 8.6% | 6.9% | 6.2% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 1.3% | 2.2% | 1.8% | 3.7% | 3.1% | 2.6% | 2.9% | 1.3% | 0.9% | 0.9% |
| Long-term debt / equity | 0.41x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 24.0% | 18.0% | 22.5% | 20.2% | 14.5% | 22.9% | 21.8% | 16.0% | 0.8% | 30.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FSS in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-K · Filed 2026-02-25View SEC filing
10-Q · Filed 2025-10-30View SEC filing
10-Q · Filed 2025-07-30View SEC filing
10-Q · Filed 2025-04-30View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.