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Federal Signal
🇺🇸 NYSE:FSS
•
Dec 31, 2024

Federal Signal Q4 2024 Earnings Report

Federal Signal reported growth in net sales, operating income, and adjusted EPS.

Key Takeaways

Federal Signal reported a record Q4 2024 with a 5% increase in net sales, 11% rise in operating income, and 18% growth in adjusted EPS compared to the prior year.

Net sales increased by 5% to $472 million.

Operating income rose by 11% to $70.1 million.

Adjusted EPS increased by 18% to $0.87.

Net income for the quarter was $50 million.

Total Revenue
$472M
Previous year: $448M
+5.3%
EPS
$0.87
Previous year: $0.74
+17.6%
Total Orders
446M
Previous year: 465M
-4.1%
Backlog
1B
Previous year: 1.03B
-2.9%
Gross Profit
$133M
Previous year: $116M
+14.7%
Cash and Equivalents
$91M
Previous year: $61M
+49.2%
Free Cash Flow
$91M
Previous year: $94.5M
-3.7%
Total Assets
$1.77B
Previous year: $1.62B
+8.9%

Federal Signal Revenue

Federal Signal EPS

Federal Signal Revenue by Segment

Federal Signal Revenue by Geographic Location

Forward Guidance

Federal Signal expects record performance for 2025, with projected net sales of $2.02 to $2.10 billion and adjusted EPS between $3.60 to $3.90.

Positive Outlook

  • Strong demand for dump truck bodies.
  • Increased demand for road-marking products.
  • High visibility into 2026 from current backlog.
  • Double-digit improvement in pre-tax earnings expected.
  • EBITDA margin projected to be in the upper range of target.

Challenges Ahead

  • Recent decline in orders for sewer cleaners.
  • Extended lead times for street sweepers.
  • Inflationary pressures on costs.
  • Supply chain challenges continue.
  • Potential impact from geopolitical uncertainties.

Revenue & Expenses

Visualization of income flow from segment revenue to net income