Federal Signal (FSS) Free Cash Flow (2010 - 2026)
Federal Signal (FSS) recorded Free Cash Flow of $80 million in Q3 2026, up 47.9% from $54.1 million a year earlier but down 20.8% from the prior quarter.
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Analysis
Federal Signal (FSS) Free Cash Flow (2010 - 2026) Analysis & Trends
On a TTM basis, Federal Signal's Free Cash Flow came in at $365.1 million as of Sep 30, 2026, up 66.2% year-over-year; for FY2025, it was $227.1 million, up 19.1% from FY2024.
- Annual Free Cash Flow has increased for three straight years, with a five-year compound annual growth rate of 16.3% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $190.7 million in FY2024 (+16.2%), $164.1 million in FY2023 (+772.9%), $18.8 million in FY2022 (-70.8%) and $64.4 million in FY2021 (-39.6%).
- Quarterly Free Cash Flow has ranged from -$26.7 million in Q1 2022 to $101 million in Q2 2026 over the past five years.
- On a year-over-year basis, Free Cash Flow has increased for four consecutive quarters, with growth averaging 59.6% over the last eight quarters.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 616.9% in Q3 2023, against a decline of 57.5% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $101 million (Q2 2026), $94.6 million (Q1 2026) and $89.5 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 3.29 Bn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 1.62 Bn |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 1.31 Bn |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 1.03 Bn |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 643.00 Mn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 230.00 Mn |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 1.32 Bn |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 851.00 Mn |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 654.90 Mn |
| 10 | Federal Signal | 6.90 Bn | 6.63 Bn | 189.20 Mn | 80.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 80.00 Mn |
| Jun 30, 2026 | 101.00 Mn |
| Mar 31, 2026 | 94.60 Mn |
| Dec 31, 2025 | 89.50 Mn |
| Sep 30, 2025 | 54.10 Mn |
| Jun 30, 2025 | 52.40 Mn |
| Mar 31, 2025 | 31.10 Mn |
| Dec 31, 2024 | 82.10 Mn |
| Sep 30, 2024 | 60.90 Mn |
| Jun 30, 2024 | 24.80 Mn |
| Mar 31, 2024 | 22.90 Mn |
| Dec 31, 2023 | 94.50 Mn |
| Sep 30, 2023 | 42.30 Mn |
| Jun 30, 2023 | 26.20 Mn |
| Mar 31, 2023 | 1.10 Mn |
| Dec 31, 2022 | 32.00 Mn |
| Sep 30, 2022 | 5.90 Mn |
| Jun 30, 2022 | 7.60 Mn |
| Mar 31, 2022 | -26.70 Mn |
| Dec 31, 2021 | 21.80 Mn |
API Access
Federal Signal Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=FSS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "FSS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=FSS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();