Federal Signal FSS Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 29%+0.2pp | 28.9%+0.3pp | 28.9%+0.6pp | 29%+1.6pp | 28.8%+2.1pp | |
| Operating margin | 16%+0.6pp | 15.6%+0.5pp | 15.9%+1.0pp | 15.7%+1.2pp | 15.4%+1.8pp | |
| Net margin | 11.6%+0.5pp | 11.3%-0.3pp | 11.5%-0.1pp | 11.2%+0.1pp | 11.1%+0.8pp | |
| EBITDA margin | 19.7%+0.6pp | 19.3%+0.7pp | 19.7%+1.3pp | 19.4%+1.5pp | 19%+1.9pp | |
| Free cash flow margin | 12.4%+1.9pp | 10.4%+0.2pp | 10.7%-0.4pp | 11.5%+1.3pp | 10.5%-0.1pp | |
| Returns | ||||||
| Return on equity | 20.5%+1.7pp | 19.2%-0.6pp | 19.1%-1.1pp | 18.8%-1.2pp | 18.8%-0.1pp | |
| Return on assets | 12.5%+0.5pp | 11.9%-0.9pp | 12.8%+0.3pp | 12.3%+0.2pp | 12%+0.7pp | |
| Return on invested capital | 16.7%+0.5pp | 15.8%-1.7pp | 17.4%+0.5pp | 16.6%+0.3pp | 16.2%+0.7pp | |
| Efficiency | ||||||
| Asset turnover | 1.1×0.0× | 1×-0.1× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | |
| Inventory turnover | 4×0.0× | 3.9×-0.3× | 4.1×+0.2× | 4.1×+0.2× | 4×-0.1× | |
| Liquidity | ||||||
| Current ratio | 2.8×+0.5× | 3×+0.4× | 2.6×-0.2× | 2.6×-0.3× | 2.4×-0.4× | |
| Quick ratio | 1.3×+0.2× | 1.4×+0.1× | 1.3×-0.1× | 1.2×-0.1× | 1.1×-0.2× | |
| Cash ratio | 0.2×0.0× | 0.2×-0.2× | 0.2×-0.1× | 0.2×0.0× | 0.2×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×+0.1× | 0.4×+0.2× | 0.2×0.0× | 0.2×0.0× | 0.3×0.0× | |
| Debt-to-assets | 0.2×+0.1× | 0.3×+0.1× | 0.1×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | 1.1×+0.4× | 1.3×+0.7× | 0.5×-0.1× | 0.6×-0.1× | 0.7×-0.1× | |
| Interest coverage | 20.8×-3.0× | 24.2×+1.7× | 26.4×+6.4× | 24.6×+8.0× | 23.8×+10.7× | |
| Per Share | ||||||
| Book value per share | $23.33+19.9% | $22.47+16.9% | $21.53+15.6% | $20.59+15.5% | $19.46+14.8% | |
| Valuation | ||||||
| Market capitalization | $6.58B+46.5% | $6.6B+17.0% | $7.23B+26.6% | $6.32B+23.7% | $4.49B-13.2% | |
| Enterprise value | $7.1B+49.1% | $7.14B+22.5% | $7.43B+25.8% | $6.57B+22.7% | $4.76B-12.3% | |
| Price / earnings | 24.3×+3.0× | 26.8×+0.7× | 30.7×+3.8× | 28.5×+3.2× | 21.3×-7.2× | |
| Price / sales | 2.8×+0.4× | 3×0.0× | 3.5×+0.4× | 3.2×+0.4× | 2.4×-0.6× | |
| Price / book | 4.6×+0.9× | 4.8×0.0× | 5.5×+0.5× | 5×+0.4× | 3.7×-1.2× | |
| EV / EBITDA | 15.4×+2.2× | 16.9×+0.1× | 18.4×+0.9× | 17.2×+0.6× | 13.2×-4.9× | |
| EV / sales | 3×+0.5× | 3.3×+0.1× | 3.6×+0.4× | 3.3×+0.4× | 2.5×-0.6× | |
| Free cash flow yield | 4.4%0.0pp | 3.4%+0.1pp | 3%-0.5pp | 3.6%0.0pp | 4.4%+0.8pp | |
| Earnings yield | 4.1%-0.6pp | 3.7%-0.1pp | 3.3%-0.5pp | 3.5%-0.4pp | 4.7%+1.2pp | |
| Dividend yield | 0.5%-0.1pp | 0.5%0.0pp | 0.5%0.0pp | 0.5%0.0pp | 0.7%+0.2pp | |
| PEG ratio | 0.9×-0.5× | 1.9×+1.2× | 2.8×+2.2× | 3×+2.5× | 1.3×+0.6× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Federal Signal's profit margins?
- Federal Signal (FSS) runs a 29.0% gross margin and a 16.0% operating margin, with a 11.6% net margin.
- Where do Federal Signal's ratios come from?
- Every ratio is computed from Federal Signal's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
