Overview Dividends

(FSS) Federal Signal - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US3138551086

Street Sweepers, Sewer Cleaners, Vacuum Loaders, Safety Lighting, Warning

Construction Machinery & Heavy Transportation Equipment
Market Cap in USD: 6,777m

IPO / Inception: 1982-03-01
Return 12m vs S&P 500: 4.11%

EPS (Earnings per Share)

EPS CAGR: -37.78%
EPS Trend: 32.8%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 17.68%
Rev. Trend: 94.4%

Last SUE: 0.76
Qual. Beats: 0

Dividends

Dividend Yield	0.48%
Yield on Cost 5y	1.68%
Yield CAGR 5y	11.68%
Payout Consistency	86.3%
Payout Ratio	14.2%

Risk via 5d forecast
Volatility	30.2%
Value at Risk 5%th	44.8%
Relative Tail Risk	-9.62%

Reward TTM
Sharpe Ratio	0.70
Alpha	8.45
CAGR/Max DD	1.04

Character TTM
Hurst Exponent	0.506
Beta	0.975
Beta Downside	0.837

Drawdowns 3y
Max DD	31.54%
Mean DD	6.79%
Median DD	5.69%

Description: FSS Federal Signal January 08, 2026

Federal Signal Corporation (NYSE:FSS) designs, manufactures, and sells a broad portfolio of municipal- and industrial-focused equipment-including street sweepers, sewer cleaners, and public-safety lighting-through two operating segments: the Environmental Solutions Group and the Safety & Security Systems Group. The company serves customers in the U.S., Canada, Europe, and other international markets via a mix of dealer networks and direct sales.

In FY 2023 the firm generated roughly $2.2 billion in revenue, with the Environmental Solutions segment contributing about 55 % and delivering an adjusted EBITDA margin near 12 %. Recent quarterly filings show a modest top-line growth rate of 3-4 % YoY, driven in part by increased municipal spending on infrastructure and waste-management projects-a trend reinforced by the U.S. Bipartisan Infrastructure Law, which allocates billions to modernize public works.

Key sector drivers include cyclical municipal budget cycles, the pace of construction activity, and regulatory pressure for greener, more efficient waste-handling solutions; these factors can amplify or dampen demand for Federal Signal’s equipment. For a deeper quantitative view, the ValueRay platform offers a granular breakdown of FSS’s valuation metrics.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (235.8m TTM) > 0 and > 6% of Revenue (6% = 123.3m TTM)

FCFTA 0.11 (>2.0%) and ΔFCFTA -0.38pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 21.18% (prev 22.84%; Δ -1.66pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.13 (>3.0%) and CFO 248.1m > Net Income 235.8m (YES >=105%, WARN >=100%)

Net Debt (188.7m) to EBITDA (397.7m) ratio: 0.47 <= 3.0 (WARN <= 3.5)

Current Ratio 2.61 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (61.4m) change vs 12m ago -0.49% (target <= -2.0% for YES)

Gross Margin 28.70% (prev 28.28%; Δ 0.42pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 111.9% (prev 106.0%; Δ 5.93pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 25.90 (EBITDA TTM 397.7m / Interest Expense TTM 12.4m) >= 6 (WARN >= 3)

Altman Z'' 6.92

(A) 0.22 = (Total Current Assets 706.5m - Total Current Liabilities 271.2m) / Total Assets 1.94b

(B) 0.65 = Retained Earnings (Balance) 1.26b / Total Assets 1.94b

(D) 2.04 = Book Value of Equity 1.26b / Total Liabilities 616.7m

Total Rating: 6.92 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 80.69

1. Piotroski 7.50pt

2. FCF Yield 3.15%

3. FCF Margin 10.69%

4. Debt/Equity 0.18

5. Debt/Ebitda 0.47

6. ROIC - WACC (= 7.07)%

7. RoE 18.97%

8. Rev. Trend 94.38%

9. EPS Trend 32.77%

What is the price of FSS shares?

As of January 11, 2026, the stock is trading at USD 116.57 with a total of 179,832 shares traded.
Over the past week, the price has changed by +4.60%, over one month by +6.59%, over three months by -0.94% and over the past year by +25.94%.

Is FSS a buy, sell or hold?

Federal Signal has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy FSS.

Strong Buy: 2
Buy: 2
Hold: 2
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the FSS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	133.8	14.8%
Analysts Target Price	133.8	14.8%
ValueRay Target Price	150.3	28.9%

FSS Fundamental Data Overview January 05, 2026

P/E Trailing = 29.1728
P/E Forward = 24.6305
P/S = 3.2969
P/B = 5.1271
P/EG = 2.3541
Beta = 1.344
Revenue TTM = 2.06b USD
EBIT TTM = 321.2m USD
EBITDA TTM = 397.7m USD
Long Term Debt = 200.7m USD (from longTermDebt, last quarter)
Short Term Debt = 19.2m USD (from shortTermDebt, last quarter)
Debt = 243.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 188.7m USD (from netDebt column, last quarter)
Enterprise Value = 6.97b USD (6.78b + Debt 243.1m - CCE 54.4m)
Interest Coverage Ratio = 25.90 (Ebit TTM 321.2m / Interest Expense TTM 12.4m)
EV/FCF = 31.70x (Enterprise Value 6.97b / FCF TTM 219.7m)
FCF Yield = 3.15% (FCF TTM 219.7m / Enterprise Value 6.97b)
FCF Margin = 10.69% (FCF TTM 219.7m / Revenue TTM 2.06b)
Net Margin = 11.47% (Net Income TTM 235.8m / Revenue TTM 2.06b)
Gross Margin = 28.70% ((Revenue TTM 2.06b - Cost of Revenue TTM 1.47b) / Revenue TTM)
Gross Margin QoQ = 28.29% (prev 30.04%)
Tobins Q-Ratio = 3.59 (Enterprise Value 6.97b / Total Assets 1.94b)
Interest Expense / Debt = 1.15% (Interest Expense 2.80m / Debt 243.1m)
Taxrate = 24.75% (22.4m / 90.5m)
NOPAT = 241.7m (EBIT 321.2m * (1 - 24.75%))
Current Ratio = 2.61 (Total Current Assets 706.5m / Total Current Liabilities 271.2m)
Debt / Equity = 0.18 (Debt 243.1m / totalStockholderEquity, last quarter 1.32b)
Debt / EBITDA = 0.47 (Net Debt 188.7m / EBITDA 397.7m)
Debt / FCF = 0.86 (Net Debt 188.7m / FCF TTM 219.7m)
Total Stockholder Equity = 1.24b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.84% (Net Income 235.8m / Total Assets 1.94b)
RoE = 18.97% (Net Income TTM 235.8m / Total Stockholder Equity 1.24b)
RoCE = 22.25% (EBIT 321.2m / Capital Employed (Equity 1.24b + L.T.Debt 200.7m))
RoIC = 16.28% (NOPAT 241.7m / Invested Capital 1.48b)
WACC = 9.21% (E(6.78b)/V(7.02b) * Re(9.51%) + D(243.1m)/V(7.02b) * Rd(1.15%) * (1-Tc(0.25)))
Discount Rate = 9.51% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.16%
[DCF Debug] Terminal Value 77.43% ; FCFF base≈213.1m ; Y1≈262.8m ; Y5≈447.6m
Fair Price DCF = 96.68 (EV 6.07b - Net Debt 188.7m = Equity 5.88b / Shares 60.8m; r=9.21% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 32.77 | EPS CAGR: -37.78% | SUE: -4.0 | # QB: 0
Revenue Correlation: 94.38 | Revenue CAGR: 17.68% | SUE: 0.76 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.91 | Chg30d=-0.017 | Revisions Net=-3 | Analysts=6
EPS next Year (2026-12-31): EPS=4.61 | Chg30d=+0.016 | Revisions Net=+5 | Growth EPS=+11.5% | Growth Revenue=+15.5%

Additional Sources for FSS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle