Federal Signal (FSS) Gross Margin (2010 - 2026)
Federal Signal's (FSS) quarterly Gross Margin came in at 30.41% in Q2 2026, up 37.0% year-over-year from 22.2% in Q2 2025, and up 6.04% quarter-over-quarter from 28.68% in Q1 2026.
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Analysis
Federal Signal (FSS) Gross Margin (2010 - 2026) Analysis & Trends
Federal Signal (FSS) has reported Gross Margin for 17 consecutive years, with 30.41% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 37.0% year-over-year to 30.41% in Q2 2026; TTM through Jun 2026 was 29.17%, a 13.0% increase from a year earlier, with the FY2025 full-year figure at 28.95%, up 31.0% from the prior year.
- Gross Margin was 30.41% for Q2 2026 at Federal Signal, up from 28.68% in the prior quarter.
- Over five years, Gross Margin peaked at 30.41% in Q2 2026 and troughed at 22.93% in Q1 2022.
- A 5-year average of 27.19% and a median of 27.7% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 175 bps in 2022 and soared 324 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 24.67% in 2022, then grew by 8 bps to 26.63% in 2023, then rose by 6 bps to 28.09% in 2024, then advanced by 1 bps to 28.35% in 2025, then grew by 7 bps to 30.41% in 2026.
- The last three Gross Margin figures came in at 30.41% (Q2 2026), 28.68% (Q1 2026), and 28.35% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.13 Bn | 367.42 Bn | 7.76 Bn | 37.78% |
| 2 | Cummins | 77.17 Bn | 73.56 Bn | 2.47 Bn | 26.07% |
| 3 | Paccar | 65.64 Bn | 56.97 Bn | 1.56 Bn | 20.64% |
| 4 | Borgwarner | 13.75 Bn | 11.48 Bn | 721.00 Mn | 19.76% |
| 5 | Allison Transmission Holdings | 10.84 Bn | 10.44 Bn | 515.00 Mn | 32.89% |
| 6 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 16.48% |
| 7 | Federal Signal | 7.29 Bn | 7.22 Bn | 203.80 Mn | 30.41% |
| 8 | Terex | 7.23 Bn | 6.82 Bn | 444.00 Mn | 19.84% |
| 9 | Dana | 3.45 Bn | 3.18 Bn | 210.00 Mn | 10.45% |
| 10 | Phinia | 2.53 Bn | 2.16 Bn | 216.00 Mn | 22.98% |
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% |