Federal Signal Corporation (FSS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 876.8M | 853.8M | 706.5M | 684.1M | 664.8M | 642.5M | 649.2M | 611.8M | 595.3M | 570.2M | 603.7M | 606M | 566.3M | 531.4M | 510.8M | 479.9M | 464.2M | 431M | 464M | 428.2M |
| Cash & Short-Term Investments | 71.4M | 63.7M | 54.4M | 64.7M | 57.5M | 91.1M | 73.7M | 48.6M | 48.9M | 61M | 41M | 48.8M | 38.4M | 47.5M | 35.5M | 31.2M | 39.2M | 40.5M | 88M | 54.5M |
| Cash Only | 71.4M | 63.7M | 54.4M | 64.7M | 57.5M | 91.1M | 73.7M | 48.6M | 48.9M | 61M | 41M | 48.8M | 38.4M | 47.5M | 35.5M | 31.2M | 39.2M | 40.5M | 88M | 54.5M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 310.1M | 292.2M | 263.6M | 238.3M | 223.2M | 196.4M | 220.3M | 213.6M | 191.4M | 186.2M | 213.3M | 193.4M | 191.6M | 173.8M | 170M | 169.9M | 156.4M | 136M | 140.8M | 148M |
| Days Sales Outstanding | 43.32 | 42.82 | 41.6 | 37.19 | 40.71 | 40.61 | 42.09 | 37.58 | 40.43 | 40.98 | 41.91 | 39.6 | 42.65 | 40.4 | 45.14 | 40.49 | 39.85 | 42.25 | 44.53 | 38.65 |
| Inventory | 477.8M | 471.6M | 367.3M | 356.5M | 362M | 331M | 337M | 326.9M | 322.7M | 303.4M | 330.1M | 339.4M | 317.6M | 292.7M | 287.5M | 259.6M | 249.7M | 229.1M | 217M | 203.9M |
| Days Inventory Outstanding | 94.79 | 89.14 | 83.66 | 82.76 | 93.65 | 90.54 | 91.49 | 85.33 | 92.22 | 88.57 | 93.69 | 91.95 | 94.8 | 90.5 | 95.47 | 83.69 | 84.66 | 87.69 | 85.14 | 73.44 |
| Other Current Assets | 17.5M | 26.3M | 21.2M | 24.6M | 22.1M | 24M | 18.2M | 22.7M | 32.3M | 19.6M | 19.3M | 24.4M | 18.7M | 17.4M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.58B | 1.54B | 1.23B | 1.23B | 1.21B | 1.12B | 1.08B | 1.08B | 1.06B | 1.05B | 1.05B | 1.05B | 1.02B | 992.9M | 954.3M | 963.9M | 960.9M | 935.1M | 849.8M | 861.2M |
| Property, Plant & Equipment | 317.1M | 303M | 266.3M | 464.2M | 263.1M | 419.9M | 392.4M | 385.4M | 357.5M | 346.6M | 342.3M | 344M | 328.5M | 313.1M | 304.6M | 310.5M | 306.7M | 280.1M | 256.5M | 263.9M |
| Fixed Asset Turnover | 2.02x | 2.10x | 1.52x | 1.55x | 1.36x | 1.16x | 1.22x | 1.32x | 1.21x | 1.30x | 1.30x | 1.32x | 1.20x | 1.27x | 1.13x | 1.19x | 1.13x | 1.12x | 1.15x | 1.27x |
| Goodwill | 626.8M | 619.8M | 521.7M | 517.6M | 514M | 477.7M | 471.6M | 469.9M | 470.2M | 472.7M | 473.6M | 475.4M | 458.4M | 453.4M | 430.8M | 430.7M | 431.3M | 432.2M | 406.9M | 407.6M |
| Intangible Assets | 393.9M | 382.9M | 217.6M | 222.5M | 226M | 199.7M | 197.1M | 200.6M | 204.6M | 207.5M | 212.2M | 216.7M | 212.8M | 208.2M | 197.6M | 203.4M | 203.6M | 205.7M | 173M | 176.1M |
| Long-Term Investments | 0 | 0 | 0 | 100K | 200K | 0 | 1M | 700K | 500K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 229.9M | 223M | 215.6M | 16.8M | 201.4M | 16M | 10.6M | 11.4M | 11.6M | 11.5M | 10.7M | 10.2M | 9.7M | 9.4M | 13.3M | 11.6M | 11.2M | 8.7M | 5.5M | 5M |
| Total Assets | 2.45B | 2.39B | 1.94B | 1.92B | 1.88B | 1.77B | 1.73B | 1.69B | 1.65B | 1.62B | 1.65B | 1.66B | 1.58B | 1.52B | 1.47B | 1.44B | 1.43B | 1.37B | 1.31B | 1.29B |
| Asset Turnover | 0.26x | 0.28x | 0.29x | 0.30x | 0.25x | 0.27x | 0.28x | 0.29x | 0.26x | 0.27x | 0.27x | 0.27x | 0.25x | 0.26x | 0.24x | 0.26x | 0.24x | 0.22x | 0.23x | 0.26x |
| Asset Growth % | 30.59% | 35.54% | 11.81% | 13.27% | 13.81% | 8.93% | 4.77% | 1.85% | 4.24% | 6.31% | 12.93% | 15.02% | 11.17% | 11.58% | 11.52% | 11.97% | 12.56% | 13.01% | 7.28% | 6.46% |
| Total Current Liabilities | 308.2M | 282.4M | 271.2M | 263M | 278.4M | 241.8M | 229.4M | 211.7M | 211M | 195.8M | 202.6M | 198.4M | 203.1M | 180.5M | 181.4M | 179.7M | 181.5M | 170.4M | 157.5M | 170.9M |
| Accounts Payable | 115.8M | 98M | 103.1M | 102.8M | 103.8M | 79M | 88.9M | 87M | 88.8M | 66.7M | 82.4M | 86.7M | 95.6M | 72.4M | 80.9M | 77.9M | 80.7M | 64.8M | 65.6M | 70.5M |
| Days Payables Outstanding | 21.35 | 21.37 | 23.8 | 23.8 | 24.7 | 22.76 | 24.24 | 23.09 | 22.9 | 20.85 | 23.66 | 25.51 | 26.1 | 23.91 | 27.71 | 26.06 | 25.73 | 25.63 | 27.53 | 25.47 |
| Short-Term Debt | 11.1M | 8.4M | 19.2M | 10.2M | 9.4M | 7M | 7M | 5.5M | 4.7M | 3.9M | 3.1M | 2.4M | 1.6M | 800K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 66.3M | 47.7M | 32.3M | 39.7M | 48.9M | 35M | 22M | 24.6M | 28.7M | 27.1M | 27.6M | 26.6M | 26.1M | 25.4M | 23.1M | 23.6M | 28.5M | 21.9M | 12.7M | 16M |
| Other Current Liabilities | 115M | 128.3M | 116.6M | 63.9M | 79.9M | 300K | 103.3M | 86.3M | 0 | 0 | 46.8M | 44M | 49.8M | 74.3M | 41.4M | 41.9M | 41.3M | 44.4M | 47.1M | 46.3M |
| Current Ratio | 2.84x | 3.02x | 2.61x | 2.60x | 2.39x | 2.66x | 2.83x | 2.89x | 2.82x | 2.91x | 2.98x | 3.05x | 2.79x | 2.94x | 2.82x | 2.67x | 2.56x | 2.53x | 2.95x | 2.51x |
| Quick Ratio | 1.29x | 1.35x | 1.25x | 1.25x | 1.09x | 1.29x | 1.36x | 1.35x | 1.29x | 1.36x | 1.35x | 1.34x | 1.22x | 1.32x | 1.23x | 1.23x | 1.18x | 1.18x | 1.57x | 1.31x |
| Cash Conversion Cycle | 116.77 | 110.59 | 101.46 | 96.16 | 109.66 | 108.39 | 109.34 | 99.81 | 109.75 | 108.71 | 111.94 | 106.03 | 111.36 | 106.99 | 112.9 | 98.11 | 98.78 | 104.31 | 102.15 | 86.61 |
| Total Non-Current Liabilities | 711.7M | 728.2M | 345.5M | 390.8M | 398.6M | 337.3M | 354.8M | 380.2M | 396M | 422.8M | 496.1M | 538.4M | 499.2M | 482.9M | 455.7M | 455M | 455.8M | 411.7M | 390.6M | 372.5M |
| Long-Term Debt | 571.7M | 586.2M | 201.2M | 257.8M | 266.6M | 203.9M | 222.7M | 248.2M | 266.2M | 293.5M | 361.1M | 405M | 372M | 360.2M | 329.5M | 324.5M | 327.8M | 280.7M | 250.2M | 221.3M |
| Capital Lease Obligations | 0 | 0 | 22.7M | 20.8M | 21.8M | 22.3M | 21.3M | 21.9M | 15.3M | 15.7M | 17.9M | 19.4M | 20.6M | 19.8M | 20.4M | 22.3M | 21.1M | 23.6M | 24.3M | 25.5M |
| Deferred Tax Liabilities | 74.2M | 71.9M | 67.3M | 58.5M | 58.8M | 58M | 56.5M | 55.5M | 54.1M | 53.2M | 56.7M | 52.6M | 50.3M | 51M | 56.7M | 57.7M | 54.5M | 53.2M | 45.6M | 53.7M |
| Other Non-Current Liabilities | 65.8M | 70.1M | 54.3M | 53.7M | 51.6M | 53.1M | 54.3M | 54.6M | 60.4M | 60.4M | 60.4M | 61.4M | 56.3M | 51.9M | 49.1M | 50.5M | 52.4M | 54.2M | 70.5M | 72M |
| Total Liabilities | 1.02B | 1.01B | 616.7M | 653.8M | 677M | 579.1M | 584.2M | 591.9M | 607M | 618.6M | 698.7M | 736.8M | 702.3M | 663.4M | 637.1M | 634.7M | 637.3M | 582.1M | 548.1M | 543.4M |
| Total Debt | 582.8M | 594.6M | 243.1M | 296.2M | 305.2M | 252.4M | 259.2M | 283.9M | 293.6M | 320.7M | 390.3M | 435.3M | 402.4M | 388.4M | 357.4M | 354.2M | 355.7M | 313.7M | 285.1M | 257.4M |
| Net Debt | 511.4M | 530.9M | 188.7M | 231.5M | 247.7M | 161.3M | 185.5M | 235.3M | 244.7M | 259.7M | 349.3M | 386.5M | 364M | 340.9M | 321.9M | 323M | 316.5M | 273.2M | 197.1M | 202.9M |
| Debt / Equity | 0.41x | 0.43x | 0.18x | 0.23x | 0.25x | 0.21x | 0.23x | 0.26x | 0.28x | 0.32x | 0.41x | 0.47x | 0.46x | 0.45x | 0.43x | 0.44x | 0.45x | 0.40x | 0.37x | 0.35x |
| Debt / EBITDA | 4.67x | 5.02x | 2.10x | 2.52x | 3.62x | 2.88x | 2.81x | 2.93x | 4.21x | 4.09x | 5.02x | 5.81x | 7.48x | 6.41x | 6.73x | 5.91x | 8.49x | 7.30x | 6.07x | 5.04x |
| Net Debt / EBITDA | 4.10x | 4.48x | 1.63x | 1.97x | 2.93x | 1.84x | 2.01x | 2.43x | 3.51x | 3.31x | 4.49x | 5.16x | 6.77x | 5.63x | 6.06x | 5.39x | 7.55x | 6.35x | 4.19x | 3.97x |
| Interest Coverage | 14.62x | 17.38x | 33.32x | 27.69x | 21.67x | 21.29x | 25.20x | 25.22x | 16.91x | 14.60x | 12.20x | 10.41x | 8.38x | 10.55x | 14.59x | 24.47x | 22.23x | 17.00x | 31.45x | 35.27x |
| Total Equity | 1.43B | 1.38B | 1.32B | 1.26B | 1.2B | 1.19B | 1.15B | 1.1B | 1.04B | 1B | 955.9M | 923.9M | 882M | 860.9M | 828M | 809.1M | 787.8M | 784M | 765.7M | 746M |
| Equity Growth % | 19.3% | 16.52% | 14.99% | 14.79% | 15.13% | 18.39% | 20.24% | 19.02% | 18.41% | 16.38% | 15.45% | 14.19% | 11.96% | 9.81% | 8.14% | 8.46% | 9.48% | 11.67% | 12.64% | 13.82% |
| Book Value per Share | 23.33 | 22.47 | 21.53 | 20.59 | 19.46 | 19.16 | 18.63 | 17.82 | 16.95 | 16.26 | 15.57 | 15.05 | 14.39 | 14.07 | 13.57 | 13.29 | 12.83 | 12.71 | 12.41 | 12.07 |
| Total Shareholders' Equity | 1.43B | 1.38B | 1.32B | 1.26B | 1.2B | 1.19B | 1.15B | 1.1B | 1.04B | 1B | 955.9M | 923.9M | 882M | 860.9M | 828M | 809.1M | 787.8M | 784M | 765.7M | 746M |
| Common Stock | 71M | 70.8M | 70.7M | 70.7M | 70.6M | 70.3M | 70.3M | 70.3M | 70.2M | 70M | 69.9M | 69.9M | 69.7M | 69.5M | 69.2M | 69.2M | 69.1M | 68.9M | 68.7M | 68.7M |
| Retained Earnings | 1.38B | 1.32B | 1.26B | 1.2B | 1.14B | 1.1B | 1.06B | 1.01B | 960.1M | 915.8M | 875.5M | 838.3M | 804.1M | 782.2M | 753M | 726.7M | 698.6M | 683.6M | 669.6M | 645.9M |
| Treasury Stock | 0 | 0 | -261.5M | -260.2M | -236.2M | -207.8M | -205.5M | -200.8M | -198.6M | -193.7M | -190.4M | -185.5M | -183.1M | -178.6M | -171.3M | -170.2M | -166.5M | -151M | -133.4M | -129.8M |
| Accumulated OCI | -74.4M | -71M | -74.8M | -71.5M | -84.7M | -89M | -81.5M | -85.4M | -84.1M | -81.3M | -83.8M | -79.7M | -83.4M | -84M | -88M | -79M | -72.7M | -74.2M | -91.1M | -88.4M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |