Federal Signal Corporation Cash Flow Quality Index
Federal Signal Corporation cash flow quality index. Federal Signal Corporation (FSS) has a Cash Flow Quality Index of 1.31x as of June 2026. Operating cash flow of $112.90 Million exceeds net income of $86.10 Million, indicating high earnings quality where cash backs reported profits. See Federal Signal Corporation leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Federal Signal Corporation (1985–2025)
Cash flow quality index of Federal Signal Corporation from 1985 to 2025. Historical Cash Flow Quality Index for Federal Signal Corporation across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Federal Signal Corporation cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Federal Signal Corporation Cash Flow Quality Index by Year (1985–2025)
Federal Signal Corporation cash flow quality index by year from 1985 to 2025. Year-by-year earnings quality comparison for Federal Signal Corporation. For the full cash flow conversion analysis, see Federal Signal Corporation (FSS) cash conversion ratio.
| 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 | — |