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Federal Signal FSS Safety and Security Systems — Goodwill

Other segment segments

Environmental Solutions
$514.6M+27.5%

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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$7.95B+4.3%
Enterprise value$8.46B+7.6%
P/E29.4×-5.0×
P/S3.4×-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 us-gaap:Goodwill.

The source filing: Federal Signal’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 3:19 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028312
(in millions)Environmental SolutionsSafety & Security SystemsTotal
Balance at January 1, 2026$506.8$113.0$619.8
Acquisitions, including measurement period adjustments8.08.0
Translation adjustments(0.2)(0.8)(1.0)
Balance at March 31, 2026$514.6$112.2$626.8

Item 1. Financial Statements (Unaudited).

FAQ

What is Federal Signal's safety and security systems — goodwill?
Federal Signal (FSS) reported safety and security systems — goodwill of $112.2M in Q1 2026.
How has Federal Signal's safety and security systems — goodwill changed year-over-year?
Federal Signal's safety and security systems — goodwill increased by 1.7% year-over-year, from $110.3M to $112.2M.
What is the long-term trend for Federal Signal's safety and security systems — goodwill?
Over 2 years (2021 to 2025), Federal Signal's safety and security systems — goodwill has grown at a -0.2% compound annual growth rate (CAGR), from $451.3M to $449.1M.
What does safety and security systems — goodwill mean?
This represents the intangible asset value recorded when the company acquires another business within the Safety and Security Systems segment for a price exceeding the fair market value of its net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and intellectual property. Monitoring this helps investors assess the long-term value of past acquisitions in this specific business unit.

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