tradmap

FSS Financials Federal Signal Corp /De/

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 14.0% per year over the past 5 years.
  • Net income has grown faster than revenue (20.7% vs 14.0% per year).
  • Operating margin has expanded, at 15.6% in the latest year.
  • Free cash flow has grown 16.4% per year over the past 5 years.

Financial health

  • Total debt has grown slower than revenue (-0.8% vs 14.0% per year).
  • Operating income covered interest expense 24× in the latest year, up from 23× 5 years ago.

Shareholder returns

  • Dividends have been paid for 12 consecutive years, consuming 13.8% of earnings and 15.0% of free cash flow.
  • The dividend has grown 11.9% per year over the past 5 years.
Revenue & net income
-$28M $1B $2B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 14% 29% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$10M $109M $227M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $181M $361M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$528M -$137M $255M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $2.2B $247M 28.9% 15.6% $227M — $64M
2024 $1.9B $216M 28.6% 15.1% $191M $211M $91M
2023 $1.7B $157M 26.1% 13.0% $164M $297M $61M
2022 $1.4B $120M 24.0% 11.2% $19M $361M $48M
2021 $1.2B $101M 23.8% 10.8% $64M $281M $41M
2020 $1.1B $96M 26.0% 11.6% $107M $209M $82M
2019 $1.2B $109M 26.4% 12.0% $68M $220M $32M
2018 $1.1B $94M 25.9% 11.2% $79M $209M $37M
2017 — $62M — — $65M $277M $38M
2016 — $44M — — $19M — $51M
2015 — $64M — — $88M — $76M
2014 — $64M — — $59M — $24M
2013 — $160M — — $63M — $14M
2012 — -$28M — — $10M $158M $30M
2011 — -$14M — — -$10M $223M $10M

Valuation over time

How the market has priced FSS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 19.4 38.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 2.1 4.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 0.3 0.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is FSS growing its revenue and profit?

Over the past 5 years, Federal Signal Corp /De/'s revenue has grown 14.0% per year, and net income grown 20.7% per year. These are computed facts, not advice.

How much debt does FSS have?

As of FY2025, Federal Signal Corp /De/ reported — of total debt against $64M of cash; operating income covered interest expense 24×.

What is FSS's profit margin?

In FY2025, gross margin was 28.9%, operating margin 15.6%, and net margin 11.3%.

What is FSS's P/E ratio?

As of Jun '26, Federal Signal Corp /De/ traded at a price-to-earnings ratio of about 31.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.