MARKETS / NYSE / FSS

NYSE · MOTOR VEHICLES & PASSENGER CAR BODIES · LARGE CAP

Federal Signal Corp. FSS

17 fiscal years on record · USD · FY2025 reported · SEC filings only

3 YEARS OF DIVIDEND GROWTH

Revenue

$2.2B

▲ 17.1% YoY

Net income

$246.6M

▲ 14.0% YoY

Free cash flow

$227.1M

▲ 19.1% YoY

In brief

What this company does

Federal Signal Corporation designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates 26 principal manufacturing facilities in five countries and provides products and integrated solutions to customers in all regions of the world. As of December 31, 2025, it employed approximately 5,800 people in its businesses. Products it manufactures and supplies, and services it renders, are divided into two reportable segments: the Environmental Solutions Group and the Safety and Security Systems Group. Federal Signal Corporation was founded in 1901 and was reincorporated as a Delaware corporation in 1969.

Written from the business description in Federal Signal Corporation's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth

USD 2.2B

Revenue, FY2025 · full 17-year series below

Revenue $B Net income $B

FY2025 · Revenue 2.2 · Net income 0.2

Compound annual growth

Revenue

+15.0%

+14.0%

+11.0%

+8.6%

Net income

+27.0%

+20.7%

+14.5%

EPS, diluted

+26.7%

+20.8%

+14.9%

Dividend / share

+15.9%

+11.8%

+8.4%

+5.8%

Returned to shareholders

+24.9%

+17.4%

+10.9%

+12.1%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +14.0% a year over five years — but profit grew faster: net income at +20.7%, earnings per share at +20.8%.

The share count rose from 0.06B to 0.06B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

11 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 15.6% · Net 11.3%

ROE

FY2025 · ROE 19.2%

Gross margin28.9%

Operating margin15.6%

Net margin11.3%

Return on assets11.9%

EBITDAUSD 421.4M

Each USD of equity produced 19 cents of profit this year.

Cash & shareholders

USD 73.8M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 227.1

Net buybacks $M Dividends $M

FY2025 · Dividends 34.1 · Net buybacks 39.7

Dividends paidUSD 34.1M

Net buybacksUSD 39.7M

Share of profit29.9%

Consecutive raises3 years

USD 34.1M in dividends and USD 39.7M in buybacks — 30% of the year's profit went back to shareholders.

Total assetsUSD 2.4B

EquityUSD 1.4B

CashUSD 63.7M

Gross debtUSD 564.6M

Net debtUSD 500.9M

Current ratio3.02×

Net debt stands at 36% of equity.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	2.2	1.9	1.7	1.4	1.2	1.1	1.2	1.1	0.9	0.7	0.8	0.8	0.7	0.8	0.7	0.6	0.8
Operating income $B	0.3	0.3	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0
EBITDA $B	0.4	0.3	0.3	0.2	0.2	0.2	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.1
Income tax $B	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.1	0.0	0.0	0.1	0.0
Net income $B	0.2	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.1	0.1	0.2	−0.0	−0.0	−0.2	0.0
Free cash flow $B	0.2	0.2	0.2	0.0	0.1	0.1	0.1	0.1	0.1	0.0	0.1	0.1	0.1	0.0	−0.0	0.0	0.0
EPS, diluted $	4.01	3.50	2.56	1.97	1.63	1.56	1.76	1.54	1.02	0.71	1.00	1.00	2.53	−0.44	−0.23	−3.05	0.47
Dividend / sh $	0.56	0.48	0.39	0.36	0.36	0.32	0.32	0.31	0.28	0.28	0.25	0.09	0.00	0.00	·	0.24	0.24
Payout %	14	14	15	18	22	20	18	20	27	39	25	9	0	−0	−26	−8	51
ROE %	19.2	19.8	16.9	14.6	13.5	14.3	18.5	19.0	14.5	11.0	16.3	17.6	64.3	−17.1	−7.2	−63.9	7.0
Shares out B	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	·	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 81 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 13 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityMotor Vehicles & Passenger Car Bodies

Listed onNYSE

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2009