FEDERAL SIGNAL CORP /DE/
FSS · Motor Vehicles & Passenger Car Bodies · 61.0M shares · -0%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$8M (gross $6M, SBC $13M)
Reference price $110.77 · est. market cap ~$6.8B — last insider purchase, 2026-03-10 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A86Federal Signal is a dominant niche specialty-vehicle manufacturer posting top-decile margins and returns across the board.
Strengths
- Best-in-sector profitability: gross, net and operating margins and ROA all 100th pct; ROE ~17.8% (81.8th)
- Strong balance sheet (current ratio 92nd, interest coverage 92nd) and robust FCF; market leadership in sweepers, sewer/vacuum trucks, waterblasting
Risks
- Acquisitive growth (Hog, New Way, Kinloch) carries integration risk and modest cash balance (50th pct)
- Exposure to municipal/industrial capital-spending cycles and input-cost inflation
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
28.9%
Operating margin
15.6%
Net margin
11.3%
Return on equity
17.8%
Return on assets
10.3%
Revenue growth (QoQ)
4.8%
Net-income growth
14.0%
Interest coverage
24.2×
Current ratio
3.0×
Free cash flow
$227M
EBITDA
$421M
Tangible book value
$379M
Cash & investments
$64M
Stock comp / revenue
0.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-04 | Bonina Diane | Tax withheld | 962 | $117.49 |
| 2026-05-04 | SHERMAN JENNIFER L | Tax withheld | 7.7K | $117.49 |
| 2026-05-04 | Hudson Ian A. | Tax withheld | 1.7K | $117.49 |
| 2026-05-04 | WEBER MARK | Tax withheld | 2.3K | $117.49 |
| 2026-05-01 | SHERMAN JENNIFER L | Tax withheld | 30K | $121.61 |
| 2026-05-01 | SHERMAN JENNIFER L | Option exercise | 59K | $12.66 |
| 2026-04-21 | Workman John L | Grant | 1.3K | — |
| 2026-04-21 | Patel Shashank | Grant | 1.3K | — |
| 2026-04-21 | Helmkamp Katrina L | Grant | 1.3K | — |
| 2026-04-21 | REICHELDERFER BRENDA | Grant | 1.7K | — |
| 2026-04-21 | Vaillancourt Eric A. | Grant | 1.3K | — |
| 2026-04-21 | Maue Richard A | Grant | 1.3K | — |
| 2026-04-21 | Lowe Eugene Joseph III | Grant | 1.3K | — |
| 2026-03-27 | Vaillancourt Eric A. | Grant | 42 | — |
| 2026-03-27 | Maue Richard A | Grant | 43 | — |
| 2026-03-10 | Maue Richard A | Buy | 2.0K | $110.77 |
| 2026-03-04 | REICHELDERFER BRENDA | Gift | 215 | — |
| 2026-02-27 | Hudson Ian A. | Grant | 2.4K | — |
| 2026-02-27 | SHERMAN JENNIFER L | Grant | 12K | — |
| 2026-02-27 | Bonina Diane | Grant | 1.4K | — |
| 2026-02-27 | WEBER MARK | Grant | 2.6K | — |
| 2026-02-27 | Boeschen Felix | Grant | 590 | — |
| 2026-02-26 | Hudson Ian A. | Tax withheld | 6.4K | $117.63 |
| 2026-02-26 | WEBER MARK | Grant | 22K | — |
| 2026-02-26 | WEBER MARK | Tax withheld | 9.8K | $117.63 |
| 2026-02-26 | SHERMAN JENNIFER L | Grant | 67K | — |
| 2026-02-26 | SHERMAN JENNIFER L | Tax withheld | 29K | $117.63 |
| 2026-02-26 | Bonina Diane | Grant | 8.3K | — |
| 2026-02-26 | Bonina Diane | Tax withheld | 3.7K | $117.63 |
| 2026-02-26 | Hudson Ian A. | Grant | 14K | — |
| 2025-12-18 | SHERMAN JENNIFER L | Gift | 1.8K | — |
| 2025-11-10 | Workman John L | Gift | 2.5K | — |
| 2025-11-06 | WEBER MARK | Option exercise | 11K | $51.81 |
| 2025-11-06 | WEBER MARK | Option exercise | 2.5K | $27.80 |
| 2025-11-06 | WEBER MARK | Sell | 2.5K | $112.55 |
| 2025-11-06 | WEBER MARK | Option exercise | 16K | $42.86 |
| 2025-11-06 | WEBER MARK | Sell | 1.6K | $112.50 |
| 2025-11-06 | WEBER MARK | Sell | 14K | $111.70 |
| 2025-11-06 | WEBER MARK | Option exercise | 20K | $35.80 |
| 2025-11-06 | WEBER MARK | Sell | 20K | $111.61 |
| 2025-11-06 | WEBER MARK | Sell | 20 | $112.34 |
| 2025-11-06 | WEBER MARK | Sell | 11K | $111.05 |
| 2025-11-06 | WEBER MARK | Option exercise | 1.7K | $82.31 |
| 2025-11-06 | WEBER MARK | Sell | 1.7K | $110.75 |
| 2025-11-05 | REICHELDERFER BRENDA | Gift | 88 | — |
| 2025-11-05 | REICHELDERFER BRENDA | Gift | 880 | — |
| 2025-11-04 | MARTIN DENNIS J | Gift | 56K | — |
| 2025-11-04 | REICHELDERFER BRENDA | Gift | 880 | — |
| 2025-06-27 | Helmkamp Katrina L | Grant | 131 | — |
| 2025-05-05 | Bonina Diane | Tax withheld | 1.3K | $86.58 |
| 2025-05-05 | WEBER MARK | Tax withheld | 3.1K | $86.58 |
| 2025-05-05 | Hudson Ian A. | Tax withheld | 2.2K | $86.58 |
| 2025-05-05 | SHERMAN JENNIFER L | Tax withheld | 9.9K | $86.58 |
| 2025-05-02 | Boeschen Felix | Grant | 650 | — |
| 2025-05-02 | WEBER MARK | Grant | 3.5K | — |
| 2025-05-02 | SHERMAN JENNIFER L | Grant | 14K | — |
| 2025-05-02 | Hudson Ian A. | Grant | 3.2K | — |
| 2025-05-02 | Bonina Diane | Grant | 1.7K | — |
| 2025-04-22 | REICHELDERFER BRENDA | Grant | 2.6K | — |
| 2025-04-22 | Workman John L | Grant | 2.0K | — |
| 2025-04-22 | MARTIN DENNIS J | Grant | 2.0K | — |
| 2025-04-22 | Lowe Eugene Joseph III | Grant | 2.0K | — |
| 2025-04-22 | Helmkamp Katrina L | Grant | 2.0K | — |
| 2025-04-22 | Patel Shashank | Grant | 2.0K | — |
| 2025-04-07 | SHERMAN JENNIFER L | Option exercise | 13K | $16.09 |
| 2025-04-07 | SHERMAN JENNIFER L | Tax withheld | 7.4K | $70.66 |
| 2025-03-28 | Helmkamp Katrina L | Grant | 164 | — |
| 2025-03-17 | Bonina Diane | Tax withheld | 657 | $77.18 |
| 2025-03-13 | Bonina Diane | I | 663 | $75.45 |
| 2025-03-13 | Bonina Diane | I | 663 | $75.45 |
| 2025-02-28 | SHERMAN JENNIFER L | Buy | 1.2K | $82.32 |
| 2025-02-27 | SHERMAN JENNIFER L | Tax withheld | 43K | $81.67 |
| 2025-02-27 | WEBER MARK | Tax withheld | 14K | $81.67 |
| 2025-02-27 | WEBER MARK | Grant | 30K | — |
| 2025-02-27 | Hudson Ian A. | Grant | 22K | — |
| 2025-02-27 | Hudson Ian A. | Tax withheld | 9.8K | $81.67 |
| 2025-02-27 | Bonina Diane | Grant | 13K | — |
| 2025-02-27 | Bonina Diane | Tax withheld | 5.8K | $81.67 |
| 2025-02-27 | SHERMAN JENNIFER L | Grant | 98K | — |
| 2024-12-31 | Helmkamp Katrina L | Grant | 121 | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-20 | Reg FDExhibits | filing ↗ |
| 2026-04-22 | Shareholder voteExhibits | filing ↗ |
| 2026-03-02 | Reg FDExhibits | filing ↗ |
| 2026-02-26 | Exec/director changeExhibits | filing ↗ |
| 2026-01-16 | OtherExhibits | filing ↗ |
| 2026-01-14 | Reg FDExhibits | filing ↗ |
| 2025-12-18 | OtherExhibits | filing ↗ |
| 2025-12-01 | Acquisition/dispositionExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-20 | 2026-05-20 | 0001628280-26-036817 ↗ |
| 10-Q | 2026-04-29 | 2026-03-31 | 0001628280-26-028312 ↗ |
| 8-K | 2026-04-22 | 2026-04-21 | 0001628280-26-026450 ↗ |
| 8-K | 2026-03-02 | 2026-03-02 | 0001628280-26-013101 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001628280-26-012351 ↗ |
| 10-K | 2026-02-25 | 2025-12-31 | 0001628280-26-011576 ↗ |
| 8-K | 2026-01-16 | 2026-01-16 | 0001628280-26-002352 ↗ |
| 8-K | 2026-01-14 | 2026-01-14 | 0001628280-26-002031 ↗ |
| 8-K | 2025-12-18 | 2025-12-17 | 0001628280-25-057883 ↗ |
| 8-K | 2025-12-01 | 2025-11-25 | 0001628280-25-054406 ↗ |
| 10-Q | 2025-10-30 | 2025-09-30 | 0000277509-25-000049 ↗ |
| 8-K | 2025-09-25 | 2025-09-24 | 0001628280-25-042691 ↗ |