To the full analysis
Federal Signal stock: growth
FSSFederal Signal reported $2.18B in revenue for fiscal 2025, up 17.1% on the prior year, up 14% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
3.1%
per year from 2006 to 2025, per share 1.9%
Earnings (Annual rate)
13.4%
per year from 2006 to 2025, per share 12%
Free cash flow (Annual rate)
17%
per year from 2006 to 2025, per share 15.6%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 14.0% | 11.0% | 3.1% |
| Revenue per share | 13.8% | 11.3% | 1.9% |
| Earnings | 20.7% | 14.5% | 13.4% |
| Earnings per share | 20.6% | 14.8% | 12.0% |
| Free cash flow | 16.4% | 10.0% | 17.0% |
| Free cash flow per share | 16.2% | 10.2% | 15.6% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $1.21B | $22.7M | $11.5M |
| 2007 | $1.27B | $54.9M | $41.9M |
| 2008 | $958.8M | −$95.6M | $95.2M |
| 2009 | $752.5M | $23.1M | $47.8M |
| 2010 | $726.5M | −$175.7M | $18.4M |
| 2011 | $795.6M | −$14.2M | −$9.4M |
| 2012 | $803.2M | −$27.5M | $10.2M |
| 2013 | $851.3M | $160M | $57.8M |
| 2014 | $918.5M | $63.7M | $52.8M |
| 2015 | $768M | $63.5M | $87.6M |
| 2016 | $707.9M | $43.8M | $18.6M |
| 2017 | $898.5M | $61.6M | $64.8M |
| 2018 | $1.09B | $94M | $78.7M |
| 2019 | $1.22B | $108.5M | $67.7M |
| 2020 | $1.13B | $96.2M | $106.5M |
| 2021 | $1.21B | $100.6M | $64.4M |
| 2022 | $1.43B | $120.4M | $18.8M |
| 2023 | $1.72B | $157.4M | $164.1M |
| 2024 | $1.86B | $216.3M | $190.7M |
| 2025 | $2.18B | $246.6M | $227.1M |
Revenue by segment
How Federal Signal Corporation makes its money and how that has shifted. Names are as the company reports them.
- Environmental Solutions84%
- Safety And Security Systems16%
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Environmental Solutions | $490.7M | $692.6M | $863.5M | $992.9M | $915.8M | $1B | $1.19B | $1.44B | $1.56B | $1.84B | 84.3% |
| Safety And Security Systems | $217.2M | $205.9M | $226M | $228.4M | $215M | $209.2M | $244.2M | $284.8M | $304.4M | $343M | 15.7% |
| Total revenue | $707.9M | $898.5M | $1.09B | $1.22B | $1.13B | $1.21B | $1.43B | $1.72B | $1.86B | $2.18B | 100% |
Revenue by region
Where Federal Signal Corporation generates its revenue.
- United States79%
- Canada14%
- Europe/Other8%
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| United States | $848M | $952.8M | $872.2M | $926.8M | $1.15B | $1.34B | $1.47B | $1.71B | 78.5% |
| Canada | $150.9M | $169M | $160.5M | $192.4M | $175.3M | $237.8M | $257.4M | $297.6M | 13.6% |
| Europe/Other | $90.6M | $99.5M | $98.1M | $94M | $109.7M | $147.5M | $135M | $170.6M | 7.8% |
| Total revenue | $1.09B | $1.22B | $1.13B | $1.21B | $1.43B | $1.72B | $1.86B | $2.18B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 25 Apr 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.