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Federal Signal FSS Safety And Security Systems — Acquisitions, including measurement period adjustments

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Other financials

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

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Market cap$7.23B+46.5%
Enterprise value$7.75B+49.1%
P/E26.7×+3.3×
P/S3.1×+0.5×

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×

Where this comes from

Reported directly by Federal Signal in its filing.

Tagged under the XBRL concept fss:GoodwillAcquiredDuringPeriodAndMeasurementPeriodAdjustments.

The official record: Federal Signal’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Federal Signal's safety and security systems — acquisitions, including measurement period adjustments?
Federal Signal (FSS) reported safety and security systems — acquisitions, including measurement period adjustments of $0 in Q4 2025.
What does safety and security systems — acquisitions, including measurement period adjustments mean?
This metric captures the total cash or consideration paid for business combinations within the safety and security systems segment, including subsequent adjustments made during the measurement period. It provides insight into the company's commitment to expanding its market share or technological capabilities through external growth. Tracking this allows stakeholders to evaluate the scale and frequency of the segment's expansion efforts.