Federal Signal (FSS) Gross Margin (2010 - 2026)
Federal Signal's Gross Margin came in at 30.41% for Q2 2026, up 0.37 percentage points from 30.04% a year earlier and up 1.73 percentage points from the prior quarter.
Powered by 
Analysis
Federal Signal (FSS) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Federal Signal reported Gross Margin of 29.17%, up 0.13 percentage points year-over-year; for FY2025, it was 28.95%, up 0.31 percentage points from FY2024.
- Gross Margin has increased in each of the last four years, with a five-year change of +2.98 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 28.63% in FY2024 (+2.50 pp), 26.13% in FY2023 (+2.10 pp), 24.04% in FY2022 (+0.24 pp) and 23.80% in FY2021 (-2.17 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q3 2015.
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of +0.86 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2024 (a gain of 3.24 percentage points), and the weakest in Q4 2021 (a drop of 3.38 percentage points).
- Business Quant data shows FSS's Gross Margin at 28.68% (Q1 2026), 28.35% (Q4 2025) and 29.10% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 44.13% |
| 10 | Federal Signal | 6.77 Bn | 6.51 Bn | 203.80 Mn | 30.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.41% |
| Mar 31, 2026 | 28.68% |
| Dec 31, 2025 | 28.35% |
| Sep 30, 2025 | 29.10% |
| Jun 30, 2025 | 30.04% |
| Mar 31, 2025 | 28.20% |
| Dec 31, 2024 | 28.09% |
| Sep 30, 2024 | 29.61% |
| Jun 30, 2024 | 29.36% |
| Mar 31, 2024 | 27.30% |
| Dec 31, 2023 | 26.63% |
| Sep 30, 2023 | 26.37% |
| Jun 30, 2023 | 26.51% |
| Mar 31, 2023 | 24.85% |
| Dec 31, 2022 | 24.67% |
| Sep 30, 2022 | 23.90% |
| Jun 30, 2022 | 24.49% |
| Mar 31, 2022 | 22.93% |
| Dec 31, 2021 | 22.36% |
| Sep 30, 2021 | 23.77% |
API Access
Federal Signal Gross Margin 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=gross-margin&ticker=FSS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=FSS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();