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Federal Signal Corporation

FSSIndustrialsNASDAQ

Pollution & Treatment Controls · Last scanned May 29, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$2.18B
+17.1% YoY
Net Income
$246.6M
+14.0% YoY
EBITDA
$419.1M
+22.7% YoY
Free Cash Flow
$142.4M

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About Federal Signal Corporation

Part of the industrials sector, Federal Signal Corporation (FSS) is listed under Pollution & Treatment Controls. With a market capitalization of $6.91B, it sits in mid-cap territory. It operates through two segments, Environmental Solutions Group, and Safety and Security Systems Group.

Key stats
Market Cap$6.91B
P/E (TTM)25.76
Fwd P/E20.45
EPS$4.40
Beta1.32
52W Change+20.5%
Dividend Yield0.53%
ROE20.5%
Analysis

Federal Signal Corporation carries $582.8M in total debt against $71.4M in cash reserves — debt is roughly 8.2x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $142.4M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 20.5%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 11.2% further supports the picture of efficient asset utilization. Revenue has grown from $1.43B (2022) to $2.18B (2025), reflecting a 52% increase over the period.

Federal Signal Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Federal Signal Corporation and its sector.

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