(FSS) Federal Signal - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US3138551086
Stock: Specialty Vehicles, Environmental Equipment, Safety Systems, Warning
Total Rating 61
Risk 80
Buy Signal -0.20
| Risk 5d forecast | |
|---|---|
| Volatility | 32.1% |
| Relative Tail Risk | -7.75% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.91 |
| Alpha | 10.75 |
| Character TTM | |
|---|---|
| Beta | 1.381 |
| Beta Downside | 1.058 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.54% |
| CAGR/Max DD | 0.89 |
EPS (Earnings per Share)
Revenue
Description: FSS Federal Signal February 25, 2026
Federal Signal Corporation (NYSE:FSS) designs, manufactures and sells a broad portfolio of municipal- and industrial-focused equipment-including street sweepers, sewer cleaners, safety-dig trucks, and public-safety lighting and alarm systems-through its Environmental Solutions Group and Safety & Security Systems Group, serving customers in the U.S., Canada, Europe and beyond.
In FY 2025 the company generated $2.12 billion in revenue, a 6 % year-over-year increase, and reported an adjusted EBITDA margin of 12 %, with a $1.34 billion order backlog that reflects strong demand for its Elgin and Vactor product lines. Recent contract wins include a $45 million agreement with the U.S. Department of Transportation for 200 next-generation street sweepers, and a 15 % rise in aftermarket parts and service revenue driven by an expanding dealer network.
Key macro drivers for Federal Signal include rising municipal infrastructure spending-U.S. federal and state budgets have allocated over $150 billion to road-maintenance and climate-resilience projects in the next three years-and a robust construction-machinery market that is growing roughly 4 % annually, supporting demand for both new equipment sales and replacement cycles.
For a deeper dive into how these trends may affect FSS’s valuation, consider exploring ValueRay’s analysis.
Headlines to watch out for
- Government infrastructure spending boosts equipment demand
- Municipal budgets impact emergency vehicle sales
- Raw material costs influence manufacturing profitability
- Interest rate hikes affect customer financing
- Environmental regulations drive specialized vehicle adoption
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 246.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -1.31 > 1.0 |
| NWC/Revenue: 26.20% < 20% (prev 21.53%; Δ 4.68% < -1%) |
| CFO/TA 0.11 > 3% & CFO 254.7m > Net Income 246.6m |
| Net Debt (530.9m) to EBITDA (419.1m): 1.27 < 3 |
| Current Ratio: 3.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (61.5m) vs 12m ago -0.65% < -2% |
| Gross Margin: 28.51% > 18% (prev 0.29%; Δ 2.82k % > 0.5%) |
| Asset Turnover: 104.9% > 50% (prev 105.5%; Δ -0.57% > 0%) |
| Interest Coverage Ratio: 24.01 > 6 (EBITDA TTM 419.1m / Interest Expense TTM 14.1m) |
Altman Z'' 5.82
| A: 0.24 (Total Current Assets 853.8m - Total Current Liabilities 282.4m) / Total Assets 2.39b |
| B: 0.55 (Retained Earnings 1.32b / Total Assets 2.39b) |
| C: 0.16 (EBIT TTM 338.6m / Avg Total Assets 2.08b) |
| D: 1.30 (Book Value of Equity 1.32b / Total Liabilities 1.01b) |
| Altman-Z'' Score: 5.82 = AAA |
Beneish M -2.50
| DSRI: 1.27 (Receivables 292.2m/196.4m, Revenue 2.18b/1.86b) |
| GMI: 1.00 (GM 28.51% / 28.63%) |
| AQI: 1.30 (AQ_t 0.52 / AQ_t-1 0.40) |
| SGI: 1.17 (Revenue 2.18b / 1.86b) |
| TATA: -0.00 (NI 246.6m - CFO 254.7m) / TA 2.39b) |
| Beneish M-Score: -2.50 (Cap -4..+1) = A |
What is the price of FSS shares?
As of March 12, 2026, the stock is trading at USD 108.48 with a total of 584,419 shares traded.
Over the past week, the price has changed by -5.07%, over one month by -6.97%, over three months by -1.20% and over the past year by +38.94%.
Over the past week, the price has changed by -5.07%, over one month by -6.97%, over three months by -1.20% and over the past year by +38.94%.
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.
- StrongBuy: 2
- Buy: 2
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FSS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 139.3 | 28.4% |
| Analysts Target Price | 139.3 | 28.4% |
FSS Fundamental Data Overview March 12, 2026
P/E Trailing = 30.5785
P/E Forward = 25.9067
P/S = 3.2575
P/B = 5.4386
P/EG = 1.8517
Revenue TTM = 2.18b USD
EBIT TTM = 338.6m USD
EBITDA TTM = 419.1m USD
Long Term Debt = 200.7m USD (from longTermDebt, two quarters ago)
Short Term Debt = 8.40m USD (from shortTermDebt, last quarter)
Debt = 594.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 530.9m USD (from netDebt column, last quarter)
Enterprise Value = 7.63b USD (7.10b + Debt 594.6m - CCE 63.7m)
Interest Coverage Ratio = 24.01 (Ebit TTM 338.6m / Interest Expense TTM 14.1m)
EV/FCF = 33.61x (Enterprise Value 7.63b / FCF TTM 227.1m)
FCF Yield = 2.97% (FCF TTM 227.1m / Enterprise Value 7.63b)
FCF Margin = 10.42% (FCF TTM 227.1m / Revenue TTM 2.18b)
Net Margin = 11.31% (Net Income TTM 246.6m / Revenue TTM 2.18b)
Gross Margin = 28.51% ((Revenue TTM 2.18b - Cost of Revenue TTM 1.56b) / Revenue TTM)
Gross Margin QoQ = 27.50% (prev 28.29%)
Tobins Q-Ratio = 3.19 (Enterprise Value 7.63b / Total Assets 2.39b)
Interest Expense / Debt = 0.81% (Interest Expense 4.80m / Debt 594.6m)
Taxrate = 22.65% (17.8m / 78.6m)
NOPAT = 261.9m (EBIT 338.6m * (1 - 22.65%))
Current Ratio = 3.02 (Total Current Assets 853.8m / Total Current Liabilities 282.4m)
Debt / Equity = 0.43 (Debt 594.6m / totalStockholderEquity, last quarter 1.38b)
Debt / EBITDA = 1.27 (Net Debt 530.9m / EBITDA 419.1m)
Debt / FCF = 2.34 (Net Debt 530.9m / FCF TTM 227.1m)
Total Stockholder Equity = 1.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.86% (Net Income 246.6m / Total Assets 2.39b)
RoE = 19.09% (Net Income TTM 246.6m / Total Stockholder Equity 1.29b)
RoCE = 22.68% (EBIT 338.6m / Capital Employed (Equity 1.29b + L.T.Debt 200.7m))
RoIC = 17.30% (NOPAT 261.9m / Invested Capital 1.51b)
WACC = 10.20% (E(7.10b)/V(7.70b) * Re(11.0%) + D(594.6m)/V(7.70b) * Rd(0.81%) * (1-Tc(0.23)))
Discount Rate = 11.0% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.08%
[DCF] Terminal Value 74.46% ; FCFF base≈212.5m ; Y1≈262.2m ; Y5≈446.5m
[DCF] Fair Price = 76.83 (EV 5.20b - Net Debt 530.9m = Equity 4.67b / Shares 60.8m; r=10.20% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 92.00 | EPS CAGR: 38.72% | SUE: 2.31 | # QB: 4
Revenue Correlation: 94.81 | Revenue CAGR: 17.11% | SUE: 3.87 | # QB: 1
EPS next Quarter (2026-06-30): EPS=1.32 | Chg7d=+0.022 | Chg30d=+0.022 | Revisions Net=+1 | Analysts=7
EPS current Year (2026-12-31): EPS=4.71 | Chg7d=+0.094 | Chg30d=+0.094 | Revisions Net=+3 | Growth EPS=+11.5% | Growth Revenue=+19.9%
EPS next Year (2027-12-31): EPS=5.36 | Chg7d=+0.224 | Chg30d=+0.224 | Revisions Net=+3 | Growth EPS=+13.8% | Growth Revenue=+6.8%
[Analyst] Revisions Ratio: +0.20 (3 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 7.7% (Discount Rate 11.0% - Earnings Yield 3.3%)
[Growth] Growth Spread = +13.2% (Analyst 20.9% - Implied 7.7%)
P/E Forward = 25.9067
P/S = 3.2575
P/B = 5.4386
P/EG = 1.8517
Revenue TTM = 2.18b USD
EBIT TTM = 338.6m USD
EBITDA TTM = 419.1m USD
Long Term Debt = 200.7m USD (from longTermDebt, two quarters ago)
Short Term Debt = 8.40m USD (from shortTermDebt, last quarter)
Debt = 594.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 530.9m USD (from netDebt column, last quarter)
Enterprise Value = 7.63b USD (7.10b + Debt 594.6m - CCE 63.7m)
Interest Coverage Ratio = 24.01 (Ebit TTM 338.6m / Interest Expense TTM 14.1m)
EV/FCF = 33.61x (Enterprise Value 7.63b / FCF TTM 227.1m)
FCF Yield = 2.97% (FCF TTM 227.1m / Enterprise Value 7.63b)
FCF Margin = 10.42% (FCF TTM 227.1m / Revenue TTM 2.18b)
Net Margin = 11.31% (Net Income TTM 246.6m / Revenue TTM 2.18b)
Gross Margin = 28.51% ((Revenue TTM 2.18b - Cost of Revenue TTM 1.56b) / Revenue TTM)
Gross Margin QoQ = 27.50% (prev 28.29%)
Tobins Q-Ratio = 3.19 (Enterprise Value 7.63b / Total Assets 2.39b)
Interest Expense / Debt = 0.81% (Interest Expense 4.80m / Debt 594.6m)
Taxrate = 22.65% (17.8m / 78.6m)
NOPAT = 261.9m (EBIT 338.6m * (1 - 22.65%))
Current Ratio = 3.02 (Total Current Assets 853.8m / Total Current Liabilities 282.4m)
Debt / Equity = 0.43 (Debt 594.6m / totalStockholderEquity, last quarter 1.38b)
Debt / EBITDA = 1.27 (Net Debt 530.9m / EBITDA 419.1m)
Debt / FCF = 2.34 (Net Debt 530.9m / FCF TTM 227.1m)
Total Stockholder Equity = 1.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.86% (Net Income 246.6m / Total Assets 2.39b)
RoE = 19.09% (Net Income TTM 246.6m / Total Stockholder Equity 1.29b)
RoCE = 22.68% (EBIT 338.6m / Capital Employed (Equity 1.29b + L.T.Debt 200.7m))
RoIC = 17.30% (NOPAT 261.9m / Invested Capital 1.51b)
WACC = 10.20% (E(7.10b)/V(7.70b) * Re(11.0%) + D(594.6m)/V(7.70b) * Rd(0.81%) * (1-Tc(0.23)))
Discount Rate = 11.0% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.08%
[DCF] Terminal Value 74.46% ; FCFF base≈212.5m ; Y1≈262.2m ; Y5≈446.5m
[DCF] Fair Price = 76.83 (EV 5.20b - Net Debt 530.9m = Equity 4.67b / Shares 60.8m; r=10.20% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 92.00 | EPS CAGR: 38.72% | SUE: 2.31 | # QB: 4
Revenue Correlation: 94.81 | Revenue CAGR: 17.11% | SUE: 3.87 | # QB: 1
EPS next Quarter (2026-06-30): EPS=1.32 | Chg7d=+0.022 | Chg30d=+0.022 | Revisions Net=+1 | Analysts=7
EPS current Year (2026-12-31): EPS=4.71 | Chg7d=+0.094 | Chg30d=+0.094 | Revisions Net=+3 | Growth EPS=+11.5% | Growth Revenue=+19.9%
EPS next Year (2027-12-31): EPS=5.36 | Chg7d=+0.224 | Chg30d=+0.224 | Revisions Net=+3 | Growth EPS=+13.8% | Growth Revenue=+6.8%
[Analyst] Revisions Ratio: +0.20 (3 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 7.7% (Discount Rate 11.0% - Earnings Yield 3.3%)
[Growth] Growth Spread = +13.2% (Analyst 20.9% - Implied 7.7%)