Federal Signal (FSS) Free Cash Flow (2010 - 2026)
Federal Signal (FSS) reported Free Cash Flow of $94.6 million for Q1 2026, up 204.18% year-over-year from $31.1 million in Q1 2025, and up 5.7% on a QoQ basis from $89.5 million in Q4 2025.
Federal Signal (FSS) has 17 years of Free Cash Flow data on file, last reported at $94.6 million in Q1 2026.
- Quarterly Free Cash Flow rose 204.18% year-over-year to $94.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $290.6 million (up 46.1% YoY) and the FY2025 annual result came in at $227.1 million, up 19.09% from the prior year.
- Free Cash Flow improved to $94.6 million in Q1 2026 per FSS's latest filing, from $89.5 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $94.6 million in Q1 2026 and bottomed at -$26.7 million in Q1 2022.
- The 5-year median for Free Cash Flow is $32.0 million (2022), against an average of $40.9 million.
- The widest annual swing landed in 2022, when Free Cash Flow plunged 223.04%; it then surged 1981.82% in 2024.
- Tracing FSS's Free Cash Flow over 5 years: stood at $32.0 million in 2022, then jumped by 195.31% to $94.5 million in 2023, then dropped by 13.12% to $82.1 million in 2024, then advanced by 9.01% to $89.5 million in 2025, then rose by 5.7% to $94.6 million in 2026.
- Per Business Quant, the three latest FSS Free Cash Flow figures stand at $94.6 million (Q1 2026), $89.5 million (Q4 2025), and $54.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 20.72 Bn | 19.29 Bn | 854.00 Mn | 170.00 Mn |
| 2 | Zurn Elkay Water Solutions | 7.83 Bn | 7.56 Bn | 205.80 Mn | 42.70 Mn |
| 3 | Federal Signal | 6.47 Bn | 6.40 Bn | 179.40 Mn | 94.60 Mn |
| 4 | Ceco Environmental | 2.82 Bn | 2.78 Bn | 63.92 Mn | -15.69 Mn |
| 5 | PureCycle Technologies | 2.21 Bn | 2.11 Bn | - | -46.09 Mn |
| 6 | Euro Tech Holdings | 1.36 Bn | 1.34 Bn | - | - |
| 7 | Energy Recovery | 421.81 Mn | 335.66 Mn | 2.70 Mn | 20.22 Mn |
| 8 | CleanCore Solutions | 173.22 Mn | 156.17 Mn | -419,259.00 | -137.87 Mn |
| 9 | Arq | 116.43 Mn | 111.76 Mn | 9.94 Mn | -676,000.00 |
| 10 | 374Water | 42.95 Mn | 42.95 Mn | -2.43 Mn | -5.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 94.60 Mn |
| Mar 31, 2026 | 94.60 Mn |
| Dec 31, 2025 | 89.50 Mn |
| Dec 31, 2025 | 89.50 Mn |
| Sep 30, 2025 | 54.10 Mn |
| Sep 30, 2025 | 54.10 Mn |
| Jun 30, 2025 | 52.40 Mn |
| Jun 30, 2025 | 52.40 Mn |
| Mar 31, 2025 | 31.10 Mn |
| Mar 31, 2025 | 31.10 Mn |
| Dec 31, 2024 | 82.10 Mn |
| Dec 31, 2024 | 82.10 Mn |
| Sep 30, 2024 | 60.90 Mn |
| Sep 30, 2024 | 60.90 Mn |
| Jun 30, 2024 | 24.80 Mn |
| Jun 30, 2024 | 24.80 Mn |
| Mar 31, 2024 | 22.90 Mn |
| Mar 31, 2024 | 22.90 Mn |
| Dec 31, 2023 | 94.50 Mn |
| Dec 31, 2023 | 94.50 Mn |
| Sep 30, 2023 | 42.30 Mn |
| Sep 30, 2023 | 42.30 Mn |
| Jun 30, 2023 | 26.20 Mn |
| Jun 30, 2023 | 26.20 Mn |
| Mar 31, 2023 | 1.10 Mn |
| Mar 31, 2023 | 1.10 Mn |
| Dec 31, 2022 | 32.00 Mn |
| Dec 31, 2022 | 32.00 Mn |
| Sep 30, 2022 | 5.90 Mn |
| Sep 30, 2022 | 5.90 Mn |
| Jun 30, 2022 | 7.60 Mn |
| Jun 30, 2022 | 7.60 Mn |
| Mar 31, 2022 | -26.70 Mn |
| Mar 31, 2022 | -26.70 Mn |
| Dec 31, 2021 | 21.80 Mn |
| Dec 31, 2021 | 21.80 Mn |
| Sep 30, 2021 | 12.60 Mn |
| Sep 30, 2021 | 12.60 Mn |
| Jun 30, 2021 | 8.30 Mn |
| Jun 30, 2021 | 8.30 Mn |
| Mar 31, 2021 | 21.70 Mn |
| Mar 31, 2021 | 21.70 Mn |
| Dec 31, 2020 | 51.20 Mn |
| Dec 31, 2020 | 51.20 Mn |
| Sep 30, 2020 | 6.60 Mn |
| Sep 30, 2020 | 6.60 Mn |
| Jun 30, 2020 | 53.00 Mn |
| Jun 30, 2020 | 53.00 Mn |
| Mar 31, 2020 | -4.30 Mn |
| Mar 31, 2020 | -4.30 Mn |
| Dec 31, 2019 | 30.60 Mn |
| Dec 31, 2019 | 30.60 Mn |
| Sep 30, 2019 | 21.00 Mn |
| Sep 30, 2019 | 21.00 Mn |
| Jun 30, 2019 | 29.70 Mn |
| Jun 30, 2019 | 29.70 Mn |
| Mar 31, 2019 | -13.30 Mn |
| Mar 31, 2019 | -13.30 Mn |
| Dec 31, 2018 | 17.00 Mn |
| Dec 31, 2018 | 17.00 Mn |
| Sep 30, 2018 | 30.90 Mn |
| Sep 30, 2018 | 30.90 Mn |
| Jun 30, 2018 | 23.50 Mn |
| Jun 30, 2018 | 23.50 Mn |
| Mar 31, 2018 | 7.30 Mn |
| Mar 31, 2018 | 7.30 Mn |
| Dec 31, 2017 | 18.70 Mn |
| Dec 31, 2017 | 18.70 Mn |
| Sep 30, 2017 | 4.00 Mn |
| Sep 30, 2017 | 4.00 Mn |
| Jun 30, 2017 | 30.20 Mn |
| Jun 30, 2017 | 30.20 Mn |
| Mar 31, 2017 | 12.60 Mn |
| Mar 31, 2017 | 12.60 Mn |
| Dec 31, 2016 | 6.30 Mn |
| Dec 31, 2016 | 6.30 Mn |
| Sep 30, 2016 | 10.70 Mn |
| Sep 30, 2016 | 10.70 Mn |
| Jun 30, 2016 | 9.00 Mn |
| Jun 30, 2016 | 9.00 Mn |
| Mar 31, 2016 | -7.40 Mn |
| Mar 31, 2016 | -7.40 Mn |
| Dec 31, 2015 | 28.40 Mn |
| Dec 31, 2015 | 28.40 Mn |
| Sep 30, 2015 | 37.40 Mn |
| Sep 30, 2015 | 37.40 Mn |
| Jun 30, 2015 | 21.20 Mn |
| Jun 30, 2015 | 21.20 Mn |
| Mar 31, 2015 | 600,000.00 |
| Mar 31, 2015 | 600,000.00 |
| Dec 31, 2014 | 27.30 Mn |
| Dec 31, 2014 | 27.30 Mn |
| Sep 30, 2014 | 17.00 Mn |
| Sep 30, 2014 | 17.00 Mn |
| Jun 30, 2014 | 25.50 Mn |
| Jun 30, 2014 | 25.50 Mn |
| Mar 31, 2014 | -11.20 Mn |
| Mar 31, 2014 | -11.20 Mn |
| Dec 31, 2013 | 39.60 Mn |
| Dec 31, 2013 | 39.60 Mn |
| Sep 30, 2013 | 22.20 Mn |
| Sep 30, 2013 | 22.20 Mn |
| Jun 30, 2013 | 19.00 Mn |
| Jun 30, 2013 | 19.00 Mn |
| Mar 31, 2013 | -17.60 Mn |
| Mar 31, 2013 | -17.60 Mn |
| Dec 31, 2012 | 47.70 Mn |
| Dec 31, 2012 | 47.70 Mn |
| Sep 30, 2012 | -5.50 Mn |
| Sep 30, 2012 | -5.50 Mn |
| Jun 30, 2012 | -5.20 Mn |
| Jun 30, 2012 | -5.20 Mn |
| Mar 31, 2012 | -800,000.00 |
| Mar 31, 2012 | -800,000.00 |
| Dec 31, 2011 | -1.20 Mn |
| Dec 31, 2011 | -1.20 Mn |
| Sep 30, 2011 | 14.90 Mn |
| Sep 30, 2011 | 14.90 Mn |
| Jun 30, 2011 | 9.40 Mn |
| Jun 30, 2011 | 9.40 Mn |
| Mar 31, 2011 | -22.50 Mn |
| Mar 31, 2011 | -22.50 Mn |
| Dec 31, 2010 | 14.60 Mn |
| Dec 31, 2010 | 14.60 Mn |
| Sep 30, 2010 | 18.80 Mn |
| Sep 30, 2010 | 18.80 Mn |