Federal Signal (FSS) Net Margin (2010 - 2026)
Federal Signal's (FSS) quarterly Net Margin came in at 12.85% in Q2 2026, up 20.0% year-over-year from 10.71% in Q2 2025, and up 14.16% quarter-over-quarter from 11.25% in Q1 2026.
Analysis
Federal Signal (FSS) Net Margin (2010 - 2026) Analysis & Trends
Federal Signal (FSS) has reported Net Margin for 17 consecutive years, with 12.85% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 20.0% year-over-year to 12.85% in Q2 2026; TTM through Jun 2026 was 11.66%, a 44.0% increase from a year earlier, with the FY2025 full-year figure at 11.31%, down 31.0% from the prior year.
- Net Margin was 12.85% for Q2 2026 at Federal Signal, up from 11.25% in the prior quarter.
- Over five years, Net Margin peaked at 12.85% in Q2 2026 and troughed at 6.21% in Q1 2022.
- A 5-year average of 10.3% and a median of 10.27% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 504 bps in 2024 and slumped 216 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 8.84% in 2022, then climbed by 17 bps to 10.35% in 2023, then advanced by 2 bps to 10.59% in 2024, then declined by 4 bps to 10.18% in 2025, then increased by 26 bps to 12.85% in 2026.
- The last three Net Margin figures came in at 12.85% (Q2 2026), 11.25% (Q1 2026), and 10.18% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.13 Bn | 367.42 Bn | 7.76 Bn | 17.49% |
| 2 | Cummins | 77.17 Bn | 73.56 Bn | 2.47 Bn | 9.86% |
| 3 | Paccar | 65.64 Bn | 56.97 Bn | 1.56 Bn | 9.96% |
| 4 | Borgwarner | 13.75 Bn | 11.48 Bn | 721.00 Mn | 7.98% |
| 5 | Allison Transmission Holdings | 10.84 Bn | 10.44 Bn | 515.00 Mn | 11.56% |
| 6 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 6.26% |
| 7 | Federal Signal | 7.29 Bn | 7.22 Bn | 203.80 Mn | 12.85% |
| 8 | Terex | 7.23 Bn | 6.82 Bn | 444.00 Mn | 4.92% |
| 9 | Dana | 3.45 Bn | 3.18 Bn | 210.00 Mn | -0.25% |
| 10 | Phinia | 2.53 Bn | 2.16 Bn | 216.00 Mn | 4.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.85% |
| Mar 31, 2026 | 11.25% |
| Dec 31, 2025 | 10.18% |
| Sep 30, 2025 | 12.27% |
| Jun 30, 2025 | 12.65% |
| Mar 31, 2025 | 9.98% |
| Dec 31, 2024 | 10.59% |
| Sep 30, 2024 | 11.37% |
| Jun 30, 2024 | 12.40% |
| Mar 31, 2024 | 12.14% |
| Dec 31, 2023 | 10.35% |
| Sep 30, 2023 | 9.70% |
| Jun 30, 2023 | 9.11% |
| Mar 31, 2023 | 7.11% |
| Dec 31, 2022 | 8.84% |
| Sep 30, 2022 | 9.18% |
| Jun 30, 2022 | 9.14% |
| Mar 31, 2022 | 6.21% |
| Dec 31, 2021 | 6.47% |
| Sep 30, 2021 | 9.79% |