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Federal Signal

FSS

Federal Signal Corp. designs and manufactures a diverse suite of specialized vehicles and public safety solutions for municipal, governmental, and industrial customers.

Market cap
$7.19B-4.9%
Revenue$2.3B+23.3%
Net income$270.7M+28.3%
Free cash flow$290.6M+46.1%
EPS (diluted)$4.40+29.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Today)
Revenue estimate$667.0M
EPS estimate$1.29

Financials

Q1 2026

Income statement

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Revenue$625.6M+34.9%
Gross profit$179.4M+37.2%
Operating income$99.7M+51.8%
Net income$70.4M+52.1%
EPS (diluted)$1.14+52.0%

Balance sheet

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Cash & equivalents$71.4M+24.2%
Total debt$589.1M+80.7%
Total equity$1.4B+19.3%
Total assets$2.5B+30.6%

Cash flow

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Operating cash flow$101.3M+176%
CapEx$6.7M+19.6%
Free cash flow$94.6M+204%

Valuation & ratios

Valuation

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Market cap$7.22B-4.9%
Enterprise value$7.74B+16.1%
P/E26.7×-2.3×
P/S3.1×-0.2×

Profitability

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Gross margin29%+0.2pp
Operating margin16%+0.6pp
Net margin11.6%+0.5pp
FCF margin12.4%+1.9pp

Returns & leverage

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Return on equity20.5%+1.7pp
Debt / equity0.4×+0.1×
Current ratio2.8×+0.5×

Segments

By product

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Vehicles and equipment$425.9M+41.2%
Parts$77.9M+29.6%
Public safety and security equipment$65.2M+28.9%
Industrial signaling equipment$18.3M+10.2%
Rental income$16.9M+12.7%

By segment

See full
Environmental Solutions$532.7M+37.5%
Safety and Security Systems$92.9M+21.6%

Competitors

Profile

Federal Signal Corp. designs and manufactures a diverse suite of specialized vehicles and public safety solutions for municipal, governmental, and industrial customers. The company provides critical infrastructure maintenance equipment and emergency response systems, supported by a comprehensive aftermarket offering including parts, service, and rentals.

Competitive position

The company holds leading market positions across several niche infrastructure and safety categories, leveraging a strong brand portfolio and an extensive dealer network.

GeographiesNorth America, Europe, South Africa, Global
Customer segmentsGovernmental, Municipal, Industrial, Commercial
Business modelManufacturing, Aftermarket Parts and Service, Equipment Rental
SuppliersCommercial chassis manufacturers, Engine suppliers, Steel fabricators, Raw material providers
CustomersMunicipal public works departments, Private waste haulers, Utility contractors, Public safety agencies
Listed1969
Employees4.5K
CEOJennifer L. Sherman
FilingsSEC EDGAR

Questions, answered.

What is Federal Signal's market cap?
Federal Signal (FSS) has a market capitalization of $7.2B and trades on NYSE.
What is Federal Signal's revenue and profitability?
Federal Signal generated $2.3B in trailing twelve-month revenue with net income of $270.7M, representing a net margin of 11.6%. Gross margin stands at 29.0%, with free cash flow of $290.6M. These figures are based on the Q1 2026 filing.
Who are Federal Signal's competitors?
Federal Signal's key competitors include Alamo Group, Oshkosh Corporation, Motorola Solutions, and others. These companies compete in similar markets and product categories.
Who does Federal Signal partner with?
Federal Signal's notable partners include Raymond James, AT&T.
What subsidiaries does Federal Signal have?
Federal Signal's subsidiaries include Scranton Manufacturing Company (New Way Trucks), Waterblasting, LLC (Hog Technologies), Joe Johnson Equipment (JJE), and others.
Where is Federal Signal headquartered?
Federal Signal is headquartered in United States of America and employs approximately 4,500 people. It has been publicly traded since 1969.