Federal Signal Corporation (FSS) — Financial Flexibility Index

Latest as of June 2026: 0.13x

Federal Signal Corporation (FSS) has a Financial Flexibility Index of 0.13x as of June 2026. Free cash flow of $124.80 Million (operating CF $112.90 Million minus capex $11.90 Million) represents 0% of total liabilities ($932.40 Million). Check Federal Signal Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.13x
Free Cash Flow / Total Liabilities

Free Cash Flow

$124.80 Million
Operating CF − Capex

Total Liabilities

$932.40 Million
USD

Capital Expenditures

$11.90 Million
USD

Federal Signal Corporation Financial Flexibility Index (1985–2025)

Historical Financial Flexibility Index trend for Federal Signal Corporation across 38 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Federal Signal Corporation.

Annual Financial Flexibility Index for Federal Signal Corporation (1985–2025)

Year-by-year free cash flow to debt coverage for Federal Signal Corporation. Explore Federal Signal Corporation (FSS) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.28x $282.30 Million $254.70 Million $1.01 Billion ▼ -40.5%
2024 0.47x $271.90 Million $231.30 Million $579.10 Million ▲ +29.3%
2023 0.36x $224.70 Million $194.40 Million $618.60 Million ▲ +93.1%
2022 0.19x $124.80 Million $71.80 Million $663.40 Million ▼ -21.3%
2021 0.24x $139.20 Million $101.80 Million $582.10 Million ▼ -27.0%
2020 0.33x $165.90 Million $136.20 Million $506.70 Million ▲ +23.8%
2019 0.26x $138.50 Million $103.10 Million $523.90 Million ▲ +22.1%
2018 0.22x $106.90 Million $92.80 Million $493.70 Million ▲ +43.3%
2017 0.15x $80.80 Million $72.80 Million $534.90 Million ▲ +22.2%
2016 0.12x $30.80 Million $24.70 Million $249.10 Million ▼ -69.8%
2015 0.41x $106.80 Million $97.20 Million $260.90 Million ▲ +28.0%
2014 0.32x $91.80 Million $72.30 Million $287.10 Million ▲ +2.3%
2013 0.31x $91.80 Million $74.80 Million $293.80 Million ▲ +302.5%
2012 0.08x $36.20 Million $23.20 Million $466.30 Million ▲ +87.7%
2011 0.04x $22.00 Million $6.30 Million $532.00 Million ▼ -48.9%
2010 0.08x $44.00 Million $31.20 Million $543.60 Million ▼ -56.2%
2009 0.19x $77.00 Million $62.40 Million $416.20 Million ▼ -33.2%
2008 0.28x $152.20 Million $123.70 Million $549.50 Million ▲ +128.0%
2007 0.12x $88.90 Million $65.40 Million $731.80 Million ▲ +68.1%
2006 0.07x $47.90 Million $29.70 Million $663.00 Million ▼ -41.9%
2005 0.12x $92.40 Million $72.90 Million $743.20 Million ▲ +21.5%
2004 0.10x $73.00 Million $52.50 Million $713.20 Million ▼ -16.2%
2003 0.12x $93.23 Million $75.38 Million $763.36 Million ▼ -13.4%
2002 0.14x $108.49 Million $88.35 Million $769.60 Million ▼ -18.6%
2001 0.17x $113.54 Million $95.11 Million $655.30 Million ▲ +26.7%
2000 0.14x $86.68 Million $64.39 Million $633.69 Million ▼ -40.7%
1999 0.23x $140.00 Million $57.70 Million $607.00 Million ▲ +23.7%
1998 0.19x $95.90 Million $75.50 Million $514.20 Million ▼ -4.7%
1997 0.20x $83.80 Million $64.20 Million $428.10 Million ▲ +7.8%
1996 0.18x $78.30 Million $61.40 Million $431.10 Million ▼ -14.1%
1995 0.21x $78.60 Million $62.90 Million $371.90 Million ▼ -1.9%
1994 0.22x $64.90 Million $53.80 Million $301.30 Million ▼ -24.5%
1993 0.29x $58.90 Million $48.80 Million $206.50 Million ▲ +7.5%
1992 0.27x $49.00 Million $40.20 Million $184.70 Million ▼ -16.3%
1991 0.32x $55.90 Million $43.90 Million $176.40 Million ▼ -16.4%
1990 0.38x $56.60 Million $48.30 Million $149.40 Million ▲ +21.9%
1989 0.31x $43.80 Million $34.60 Million $140.90 Million ▼ -66.2%
1985 0.92x $76.60 Million $76.60 Million $83.40 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities