Federal Signal (FSS) Operating Income (2010 - 2026)
Federal Signal's Operating Income came in at $111.4 million for Q3 2026, up 18.5% from $94 million a year earlier but down 5.8% from the prior quarter.
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Analysis
Federal Signal (FSS) Operating Income (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Federal Signal reported Operating Income of $412.8 million, up 26.0% year-over-year; for FY2025, it was $340.9 million, up 21.1% from FY2024.
- Operating Income has increased in each of the last four years, with a five-year compound annual growth rate of 21.0% (FY2020 to FY2025).
- Going back by year, Operating Income was $281.4 million in FY2024 (+25.3%), $224.5 million in FY2023 (+39.6%), $160.8 million in FY2022 (+23.0%) and $130.7 million in FY2021 (-0.5%).
- The five-year range for quarterly Operating Income is $28.5 million (Q1 2022) to $118.2 million (Q2 2026).
- Year-over-year, Operating Income has increased for 19 consecutive quarters, with growth averaging 23.3% over the last eight quarters.
- The fastest year-over-year change in Operating Income over five years came in Q3 2023 (growth of 58.2%), and the weakest in Q4 2021 (a decline of 10.9%).
- Business Quant data shows FSS's Operating Income at $118.2 million (Q2 2026), $99.7 million (Q1 2026) and $83.5 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 4.21 Bn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 3.02 Bn |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 1.86 Bn |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 1.59 Bn |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 1.20 Bn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 1.56 Bn |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 1.31 Bn |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 1.18 Bn |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 983.80 Mn |
| 10 | Federal Signal | 6.90 Bn | 6.63 Bn | 189.20 Mn | 111.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 111.40 Mn |
| Jun 30, 2026 | 118.20 Mn |
| Mar 31, 2026 | 99.70 Mn |
| Dec 31, 2025 | 83.50 Mn |
| Sep 30, 2025 | 94.00 Mn |
| Jun 30, 2025 | 97.70 Mn |
| Mar 31, 2025 | 65.70 Mn |
| Dec 31, 2024 | 70.10 Mn |
| Sep 30, 2024 | 75.90 Mn |
| Jun 30, 2024 | 81.10 Mn |
| Mar 31, 2024 | 54.30 Mn |
| Dec 31, 2023 | 63.10 Mn |
| Sep 30, 2023 | 62.50 Mn |
| Jun 30, 2023 | 59.40 Mn |
| Mar 31, 2023 | 39.50 Mn |
| Dec 31, 2022 | 46.60 Mn |
| Sep 30, 2022 | 39.50 Mn |
| Jun 30, 2022 | 46.20 Mn |
| Mar 31, 2022 | 28.50 Mn |
| Dec 31, 2021 | 30.10 Mn |
API Access
Federal Signal Operating Income 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=operating-income&ticker=FSS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=FSS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();