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Federal Signal FSS Operating margin

Operating margin at other companies

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Motorola Solutions, Inc.MSI
24.7%-0.4pp
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5.5%-3.2pp
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OshkoshOSK
8.1%-0.7pp
EMCOR Group logo
EMCOR GroupEME
10.1%+0.8pp
Clean Harbors logo
Clean HarborsCLH
11.2%+0.2pp
Fluor logo
FluorFLR
-1.6%

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
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

Calculated from Federal Signal’s reported figures.

Based on trailing twelve months.

The official record: Federal Signal’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Federal Signal's operating margin?
Federal Signal (FSS) reported operating margin of 16% in Q1 2026.
How has Federal Signal's operating margin changed year-over-year?
Federal Signal's operating margin increased by 3.9% year-over-year, from 15.4% to 16%.
What is the long-term trend for Federal Signal's operating margin?
Over 5 years (2020 to 2025), Federal Signal's operating margin has grown at a 6.1% compound annual growth rate (CAGR), from 11.6% to 15.6%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.