Federal Signal Corporation (FSS) — Free Cash Flow Generation Index

Latest as of March 2026: 0.93x

Federal Signal Corporation (FSS) has a Free Cash Flow Generation Index of 0.93x as of March 2026. Free cash flow of $94.60 Million represents 1% of operating cash flow ($101.30 Million). Read debt load of Federal Signal Corporation for a breakdown of total debt and financial obligations.

FCF Generation Index

0.93x
Free Cash Flow / Operating CF

Free Cash Flow

$94.60 Million
USD

Operating Cash Flow

$101.30 Million
USD

Capital Expenditures

$6.70 Million
USD

Federal Signal Corporation Free Cash Flow Generation Index (1985–2025)

Historical FCF Generation Index trend for Federal Signal Corporation across 38 annual periods. Explore capital reinvestment ratio of Federal Signal Corporation to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Federal Signal Corporation (1985–2025)

Year-by-year Free Cash Flow Generation Index for Federal Signal Corporation. For the full company profile including market capitalisation, see Federal Signal Corporation (FSS) total market value.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.89x $227.10 Million $254.70 Million $27.60 Million ▲ +8.1%
2024 0.82x $190.70 Million $231.30 Million $40.60 Million ▼ -2.3%
2023 0.84x $164.10 Million $194.40 Million $30.30 Million ▲ +222.4%
2022 0.26x $18.80 Million $71.80 Million $53.00 Million ▼ -58.6%
2021 0.63x $64.40 Million $101.80 Million $37.40 Million ▼ -19.1%
2020 0.78x $106.50 Million $136.20 Million $29.70 Million ▲ +19.1%
2019 0.66x $67.70 Million $103.10 Million $35.40 Million ▼ -22.6%
2018 0.85x $78.70 Million $92.80 Million $14.10 Million ▼ -4.7%
2017 0.89x $64.80 Million $72.80 Million $8.00 Million ▲ +18.2%
2016 0.75x $18.60 Million $24.70 Million $6.10 Million ▼ -16.4%
2015 0.90x $87.60 Million $97.20 Million $9.60 Million ▲ +23.4%
2014 0.73x $52.80 Million $72.30 Million $19.50 Million ▼ -5.5%
2013 0.77x $57.80 Million $74.80 Million $17.00 Million ▲ +75.8%
2012 0.44x $10.20 Million $23.20 Million $13.00 Million ▲ +129.5%
2011 -1.49x $-9.40 Million $6.30 Million $15.70 Million ▼ -353.0%
2010 0.59x $18.40 Million $31.20 Million $12.80 Million ▼ -23.0%
2009 0.77x $47.80 Million $62.40 Million $14.60 Million ▼ -0.5%
2008 0.77x $95.20 Million $123.70 Million $28.50 Million ▲ +20.1%
2007 0.64x $41.90 Million $65.40 Million $23.50 Million ▲ +65.5%
2006 0.39x $11.50 Million $29.70 Million $18.20 Million ▼ -47.1%
2005 0.73x $53.40 Million $72.90 Million $19.50 Million ▲ +20.2%
2004 0.61x $32.00 Million $52.50 Million $20.50 Million ▼ -20.1%
2003 0.76x $57.53 Million $75.38 Million $17.85 Million ▼ -1.1%
2002 0.77x $68.21 Million $88.35 Million $20.14 Million ▼ -4.3%
2001 0.81x $76.69 Million $95.11 Million $18.42 Million ▲ +23.3%
2000 0.65x $42.10 Million $64.39 Million $22.29 Million ▲ +253.4%
1999 -0.43x $-24.60 Million $57.70 Million $82.30 Million ▼ -158.4%
1998 0.73x $55.10 Million $75.50 Million $20.40 Million ▲ +5.1%
1997 0.69x $44.60 Million $64.20 Million $19.60 Million ▼ -4.1%
1996 0.72x $44.50 Million $61.40 Million $16.90 Million ▼ -3.4%
1995 0.75x $47.20 Million $62.90 Million $15.70 Million ▼ -5.5%
1994 0.79x $42.70 Million $53.80 Million $11.10 Million ▲ +0.1%
1993 0.79x $38.70 Million $48.80 Million $10.10 Million ▲ +1.5%
1992 0.78x $31.40 Million $40.20 Million $8.80 Million ▲ +7.5%
1991 0.73x $31.90 Million $43.90 Million $12.00 Million ▼ -12.3%
1990 0.83x $40.00 Million $48.30 Million $8.30 Million ▲ +12.8%
1989 0.73x $25.40 Million $34.60 Million $9.20 Million ▼ -26.6%
1985 1.00x $76.60 Million $76.60 Million $0.00
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).