Valuation, from the filing
| Public float | $6.31B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $103.56 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 25.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 2.9× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 4.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
25.6× earnings today, against a median of 17.9× across 10 years on record. Above its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $6.31B | 25.6× | |
| 2024-06-30 | $4.99B | 23.1× | |
| 2023-06-30 | $3.81B | 24.2× | |
| 2022-06-30 | $2.11B | 17.5× | |
| 2021-06-30 | $2.41B | 23.9× | |
| 2020-06-30 | $1.76B | 18.3× | |
| 2019-06-30 | $1.59B | 14.6× | |
| 2018-06-30 | $1.37B | 14.6× | |
| 2017-06-30 | $1.02B | 16.5× | |
| 2016-07-01 | $760.40M | 17.4× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Motor Vehicles & Passenger Car Bodies filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Gross margin | 28.9% | 100th | |
| Net margin | 11.3% | 100th | |
| Operating margin | 15.6% | 100th | |
| Current ratio | 3.02x | 93th | |
| CapEx / revenue | 1.3% | 9th | |
| FCF margin | 10.4% | 91th | |
| SBC / revenue | 0.7% | 20th | |
| Effective tax rate | 24.0% | 75th | |
| Revenue YoY growth | 17.1% | 69th | |
| Long-term debt / equity | 0.41x | 67th |
FEDERAL SIGNAL CORP /DE/ (FSS) reported revenue of $2.55B and net income of $296.90M for the fiscal year ended 2026-09-30. This page shows 1 annual period 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 | 2026-09-30 |
|---|---|
| Revenue | $2.55B |
| Cost of revenue | $1.81B |
| Gross profit | $741.70M |
| Operating income | $412.80M |
| Net income | $296.90M |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $387.30M |
| Income tax expense | $90.40M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $287.50M |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-09-30 |
|---|---|
| Cash & equivalents | $73.70M |
| Total assets | $2.45B |
| Current assets | $865.20M |
| Total liabilities | $875.70M |
| Current liabilities | $291.80M |
| Total equity incl. NCI | $1.58B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $470.40M |
| Accounts receivable | $300.10M |
| Goodwill | $638.30M |
| Long-term debt | $419.90M |
| Accounts payable | $111.30M |
Cash flow
| Metric | 2026-09-30 |
|---|---|
| Operating cash flow | $402.80M |
| Capital expenditures | $37.70M |
| Investing cash flow | -$521.80M |
| Financing cash flow | $138.70M |
| Net change in cash | $19.30M |
| Stock-based compensation | $15.30M |
| Common dividends paid | $36.00M |
| Common share repurchases | $5.10M |
| Depreciation & amortization | $95.30M |
Derived
| Metric | 2026-09-30 |
|---|---|
| Free cash flow | $365.10M |
| Gross margin | 29.1% |
| Operating margin | 16.2% |
| FCF margin | 14.3% |
| SBC / revenue | 0.6% |
| Current ratio | 2.97x |
| Revenue YoY growth | 24.0% |
| Net margin | 11.7% |
| R&D / revenue | Unavailable |
| CapEx / revenue | 1.5% |
| Long-term debt / equity | 0.27x |
| Effective tax rate | 23.3% |
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
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.