Federal Signal (FSS) Interest Coverage Ratio (2010 - 2026)
Federal Signal's (FSS) Interest Coverage Ratio stood at 21.02 in Q3 2026, down 37.4% from 33.57 a year earlier but up 6.7% from the prior quarter.
Federal Signal (FSS) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Federal Signal's Interest Coverage Ratio came in at 17.95 as of Sep 30, 2026, down 32.0% year-over-year; for FY2025, it was 24.18, up 7.4% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 22.51 in FY2024 (+97.5%), 11.40 in FY2023 (-27.0%), 15.61 in FY2022 (-46.2%) and 29.04 in FY2021 (+26.0%).
- Quarterly Interest Coverage Ratio has ranged from 8.40 in Q1 2023 to 33.57 in Q3 2025 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio has declined for four consecutive quarters, with growth averaging 0.3% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 138.9% in Q2 2024, against a decline of 61.7% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 19.70 (Q2 2026), 14.45 (Q1 2026) and 17.40 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 255.56 Bn | 227.26 Bn | 7.76 Bn | 8.64 |
| 2 | Deere | 179.70 Bn | 147.79 Bn | 4.66 Bn | 2.81 |
| 3 | Amphenol | 177.67 Bn | 172.37 Bn | 4.02 Bn | 14.23 |
| 4 | Eaton | 127.13 Bn | 124.07 Bn | 3.11 Bn | 8.03 |
| 5 | Parker-Hannifin | 113.68 Bn | 111.80 Bn | 2.25 Bn | 14.45 |
| 6 | 3M | 97.60 Bn | 79.05 Bn | 2.78 Bn | - |
| 7 | Emerson Electric | 91.05 Bn | 83.78 Bn | 2.66 Bn | - |
| 8 | Illinois Tool Works | 81.41 Bn | 78.08 Bn | 1.91 Bn | 14.18 |
| 9 | Vertiv Holdings | 68.19 Bn | 57.04 Bn | 1.64 Bn | 153.72 |
| 10 | Federal Signal | 6.84 Bn | 6.57 Bn | 189.20 Mn | 21.02 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.02 |
| Jun 30, 2026 | 19.70 |
| Mar 31, 2026 | 14.45 |
| Dec 31, 2025 | 17.40 |
| Sep 30, 2025 | 33.57 |
| Jun 30, 2025 | 27.91 |
| Mar 31, 2025 | 21.90 |
| Dec 31, 2024 | 22.61 |
| Sep 30, 2024 | 25.30 |
| Jun 30, 2024 | 25.34 |
| Mar 31, 2024 | 16.97 |
| Dec 31, 2023 | 14.67 |
| Sep 30, 2023 | 12.25 |
| Jun 30, 2023 | 10.61 |
| Mar 31, 2023 | 8.40 |
| Dec 31, 2022 | 10.59 |
| Sep 30, 2022 | 14.63 |
| Jun 30, 2022 | 24.32 |
| Mar 31, 2022 | 21.92 |
| Dec 31, 2021 | 25.08 |
Federal Signal Interest Coverage Ratio 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=interest-coverage-ratio&ticker=FSS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=FSS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();