Federal Signal FSS
NYSE FSS
$117.39 -0.86 (-0.73%)
As of: Sep 9, 2026 · 3:59 PM EDT

Federal Signal (FSS) Operating Margin (2010 - 2026)

Federal Signal's (FSS) quarterly Operating Margin came in at 17.64% in Q2 2026, up 33.0% year-over-year from 13.26% in Q2 2025, and up 10.67% quarter-over-quarter from 15.94% in Q1 2026.

Analysis

Federal Signal (FSS) Operating Margin (2010 - 2026) Analysis & Trends

Federal Signal (FSS) has reported Operating Margin for 17 consecutive years, with 17.64% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Margin rose 33.0% year-over-year to 17.64% in Q2 2026; TTM through Jun 2026 was 16.15%, a 48.0% increase from a year earlier, with the FY2025 full-year figure at 15.63%, up 52.0% from the prior year.
  • Operating Margin was 17.64% for Q2 2026 at Federal Signal, up from 15.94% in the prior quarter.
  • Over five years, Operating Margin peaked at 17.64% in Q2 2026 and troughed at 8.63% in Q1 2022.
  • A 5-year average of 14.02% and a median of 14.04% in 2023 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin tumbled 134 bps in 2022 and soared 311 bps in 2024, its largest moves.
  • Over 5 years, Operating Margin stood at 11.9% in 2022, then climbed by 18 bps to 14.07% in 2023, then rose by 6 bps to 14.85% in 2024, then declined by 6 bps to 13.98% in 2025, then grew by 26 bps to 17.64% in 2026.
  • The last three Operating Margin figures came in at 17.64% (Q2 2026), 15.94% (Q1 2026), and 13.98% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Caterpillar 374.13 Bn 367.42 Bn 7.76 Bn 20.91%
2 Cummins 77.17 Bn 73.56 Bn 2.47 Bn 13.52%
3 Paccar 65.64 Bn 56.97 Bn 1.56 Bn -61.85%
4 Borgwarner 13.75 Bn 11.48 Bn 721.00 Mn 10.14%
5 Allison Transmission Holdings 10.84 Bn 10.44 Bn 515.00 Mn 18.58%
6 Oshkosh 9.71 Bn 9.31 Bn 480.30 Mn 8.34%
7 Federal Signal 7.29 Bn 7.22 Bn 203.80 Mn 17.64%
8 Terex 7.23 Bn 6.82 Bn 444.00 Mn 8.36%
9 Dana 3.45 Bn 3.18 Bn 210.00 Mn 3.78%
10 Phinia 2.53 Bn 2.16 Bn 216.00 Mn 8.51%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 17.64%
Mar 31, 2026 15.94%
Dec 31, 2025 13.98%
Sep 30, 2025 16.94%
Jun 30, 2025 17.30%
Mar 31, 2025 14.17%
Dec 31, 2024 14.85%
Sep 30, 2024 16.01%
Jun 30, 2024 16.54%
Mar 31, 2024 12.78%
Dec 31, 2023 14.07%
Sep 30, 2023 14.00%
Jun 30, 2023 13.43%
Mar 31, 2023 10.25%
Dec 31, 2022 11.90%
Sep 30, 2022 11.40%
Jun 30, 2022 12.60%
Mar 31, 2022 8.63%
Dec 31, 2021 9.99%
Sep 30, 2021 11.50%