Federal Signal Corporation (FSS) — Cash Flow Quality Index
Federal Signal Corporation (FSS) has a Cash Flow Quality Index of 1.44x as of March 2026. Operating cash flow of $101.30 Million exceeds net income of $70.40 Million, indicating high earnings quality where cash backs reported profits. Explore investment intensity of Federal Signal Corporation to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Federal Signal Corporation Cash Flow Quality Index (1985–2025)
Historical Cash Flow Quality Index for Federal Signal Corporation across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Federal Signal Corporation (FSS) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Federal Signal Corporation (1985–2025)
Year-by-year earnings quality comparison for Federal Signal Corporation. For live market cap and the full company financial profile, see Federal Signal Corporation (FSS) market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.03x | $254.70 Million | $246.60 Million | ▼ -3.4% |
| 2024 | 1.07x | $231.30 Million | $216.30 Million | ▼ -13.4% |
| 2023 | 1.24x | $194.40 Million | $157.40 Million | ▲ +107.1% |
| 2022 | 0.60x | $71.80 Million | $120.40 Million | ▼ -41.1% |
| 2021 | 1.01x | $101.80 Million | $100.60 Million | ▼ -28.5% |
| 2020 | 1.42x | $136.20 Million | $96.20 Million | ▲ +49.0% |
| 2019 | 0.95x | $103.10 Million | $108.50 Million | ▼ -3.7% |
| 2018 | 0.99x | $92.80 Million | $94.00 Million | ▼ -16.5% |
| 2017 | 1.18x | $72.80 Million | $61.60 Million | ▲ +109.6% |
| 2016 | 0.56x | $24.70 Million | $43.80 Million | ▼ -63.2% |
| 2015 | 1.53x | $97.20 Million | $63.50 Million | ▲ +34.9% |
| 2014 | 1.14x | $72.30 Million | $63.70 Million | ▲ +142.8% |
| 2013 | 0.47x | $74.80 Million | $160.00 Million | ▼ -82.7% |
| 2009 | 2.70x | $62.40 Million | $23.10 Million | ▲ +126.8% |
| 2007 | 1.19x | $65.40 Million | $54.90 Million | ▼ -9.0% |
| 2006 | 1.31x | $29.70 Million | $22.70 Million | ▼ -35.3% |
| 2003 | 2.02x | $75.38 Million | $37.30 Million | ▼ -12.6% |
| 2002 | 2.31x | $88.35 Million | $38.20 Million | ▲ +15.7% |
| 2001 | 2.00x | $95.11 Million | $47.57 Million | ▲ +81.3% |
| 2000 | 1.10x | $64.39 Million | $58.38 Million | ▲ +9.9% |
| 1999 | 1.00x | $57.70 Million | $57.50 Million | ▼ -21.1% |
| 1998 | 1.27x | $75.50 Million | $59.40 Million | ▲ +16.8% |
| 1997 | 1.09x | $64.20 Million | $59.00 Million | ▲ +9.9% |
| 1996 | 0.99x | $61.40 Million | $62.00 Million | ▼ -18.8% |
| 1995 | 1.22x | $62.90 Million | $51.60 Million | ▲ +6.0% |
| 1994 | 1.15x | $53.80 Million | $46.80 Million | ▼ -6.2% |
| 1993 | 1.23x | $48.80 Million | $39.80 Million | ▲ +4.9% |
| 1992 | 1.17x | $40.20 Million | $34.40 Million | ▼ -17.5% |
| 1991 | 1.42x | $43.90 Million | $31.00 Million | ▼ -17.3% |
| 1990 | 1.71x | $48.30 Million | $28.20 Million | ▲ +13.9% |
| 1989 | 1.50x | $34.60 Million | $23.00 Million | ▼ -77.0% |
| 1985 | 6.55x | $76.60 Million | $11.70 Million | — |