Valuation dashboard for Federal Signal Corporation (FSS) with P/E 24.28, P/B 4.52, EV/EBITDA 14.3 and dividend yield 0.50%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Industrials companies.
Federal Signal Corporation, operating through its various subsidiaries, specializes in the development, production, and distribution of an extensive range of products and integrated solutions. The company serves a diverse client base, including municipal, governmental, industrial, and commercial entities across the United States, Canada, Europe, and other global regions.
What would it be worth at its usual multiples?
Versus its usual multiples: expensive · It trades at 24.3 times its last-12-month earnings and at 56.9 times its average earnings over ten years; above 25, the limit we take for the defensive investor. It is expensive.
It trades at 24.3 times its last-12-month earnings and at 56.9 times its average earnings over ten years; above 25, the limit we take for the defensive investor. It is expensive.
These are its average accounting earnings over its last ten years, losses included.
Analysis Summary
Federal Signal Corporation reported revenue of $2.18B in the most recent fiscal year, growing at a 5-year CAGR of 14.0%. Net income reached $246.6M, with a 20.7% 5-year CAGR.
Trailing-twelve-month margins: gross margin 29.1%, operating margin 16.8%, net margin 11.7%.
At $117.01 (closing price, November 2, 2026), FSS trades at a P/E of 24.28 and an ROE of 20.12%. Market capitalisation stands at $7.1B.
Balance sheet quality for FSS: debt-to-equity ratio of 0.29, current ratio of 2.97 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 24.28 |
| Price / Book | 4.52 |
| EV / EBITDA | 14.3 |
| Dividend Yield | 0.50% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| FSS | Federal Signal Corporation | $7.1B | 24.28 | 4.52 | 20.1% |
| OSK | Oshkosh Corp | $8.9B | 18.38 | 1.98 | 11.0% |
| TEX | Terex Corporation | $6.5B | 29.13 | 1.32 | 4.7% |
| CTOS | Custom Truck One Source, Inc. | $2.4B | 82.21 | 2.94 | 3.6% |
| CAT | Caterpillar Inc. | $282.1B | 24.07 | 13.11 | 58.5% |
| DE | Deere & Company | $180.0B | 37.09 | 6.44 | 18.1% |
| 0R2P.L | Deere & Company | $173.7B | 35.82 | 6.23 | 18.1% |
| CNH | CNH Industrial N.V. | $14.6B | 47.54 | 1.89 | 4.0% |
Price
| Price | $117.01 (closing price, November 2, 2026) |
| Market Cap | $7.1B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 20.12% |
| Return on Invested Capital | 15.11% |
| Return on Assets | 12.10% |
| Gross Margin | 29.10% |
| Operating Margin | 16.79% |
| Net Margin | 11.65% |
Related companies: OSK · TEX · CTOS · CAT · DE · 0R2P.L · CNH · 0KDI.L
Explore sector: Industrials · Agricultural - Machinery
More sections of FSS: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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