Federal Historical Income Statement

FSS Stock

USD 87.44 1.98 2.32%

Historical analysis of Federal Signal income statement accounts such as Total Revenue of 966 M or Gross Profit of 263.2 M can show how well Federal Signal performed in making a profits. Evaluating Federal Signal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Federal Signal's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

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Covid

Financial Statement Analysis is much more than just reviewing and examining Federal Signal latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Federal Signal is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Federal Signal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Federal Stock please use our How to Invest in Federal Signal guide.

About Federal Income Statement Analysis

Federal Signal Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Federal Signal shareholders. The income statement also shows Federal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Federal Signal Income Statement Chart

At this time, Federal Signal's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 483 K in 2024, whereas Total Revenue is likely to drop slightly above 966 M in 2024.

Gross Profit Other Operating Expenses Operating Income

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Federal Signal minus its cost of goods sold. It is profit before Federal Signal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Federal Signal. It is also known as Federal Signal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Federal Signal operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Federal Signal is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Federal Signal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Federal Signal current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Federal Signal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Federal Stock please use our How to Invest in Federal Signal guide.At this time, Federal Signal's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 483 K in 2024, whereas Total Revenue is likely to drop slightly above 966 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	4.5M	10.3M	22.9M	12.8M
Depreciation And Amortization	39.7M	54.6M	60.4M	63.4M

Interest Expense Depreciation And Amortization

Federal Signal income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Discontinued Operations	Tax Provision	Interest Income	Extraordinary Items	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.35	0.81	0.83	0.81	0.88	0.89	0.93	0.8	0.81	0.86	-0.88	0.69	0.5	0.69	-0.26	0.58	-0.36	0.31	-0.61	-0.07	0.84	0.1	-0.88	0.91	-0.74
Interest Expense	0.35		0.42	0.39	0.46	0.24	0.24	0.27	0.43	0.61	0.15	-0.42	0.02	0.05	0.61	-0.11	0.09	0.06	0.02	0.06	0.38	0.38	-0.14	-0.49	0.33	-0.48
Total Revenue	0.81	0.42		0.98	1.0	0.76	0.76	0.79	1.0	0.85	0.75	-0.74	0.63	0.33	0.82	-0.51	0.75	-0.53	0.18	-0.55	0.08	0.82	0.02	-0.67	0.83	-0.59
Gross Profit	0.83	0.39	0.98		0.97	0.82	0.83	0.84	0.97	0.83	0.82	-0.77	0.67	0.42	0.81	-0.44	0.74	-0.51	0.12	-0.63	0.13	0.84	-0.02	-0.73	0.85	-0.62
Other Operating Expenses	0.81	0.46	1.0	0.97		0.74	0.74	0.77	1.0	0.89	0.71	-0.73	0.61	0.31	0.83	-0.49	0.72	-0.5	0.21	-0.52	0.07	0.8	0.03	-0.67	0.83	-0.59
Operating Income	0.88	0.24	0.76	0.82	0.74		1.0	0.99	0.74	0.62	0.99	-0.91	0.82	0.5	0.5	-0.41	0.71	-0.57	0.15	-0.69	0.1	0.74	-0.07	-0.88	0.86	-0.75
Ebit	0.89	0.24	0.76	0.83	0.74	1.0		0.99	0.74	0.63	0.99	-0.91	0.81	0.53	0.51	-0.4	0.7	-0.57	0.17	-0.7	0.07	0.75	-0.04	-0.88	0.86	-0.75
Ebitda	0.93	0.27	0.79	0.84	0.77	0.99	0.99		0.77	0.68	0.99	-0.92	0.8	0.53	0.56	-0.38	0.69	-0.54	0.2	-0.69	0.04	0.78	-0.01	-0.9	0.89	-0.76
Cost Of Revenue	0.8	0.43	1.0	0.97	1.0	0.74	0.74	0.77		0.86	0.72	-0.72	0.62	0.3	0.81	-0.53	0.74	-0.53	0.2	-0.52	0.06	0.8	0.03	-0.65	0.82	-0.58
Total Operating Expenses	0.81	0.61	0.85	0.83	0.89	0.62	0.63	0.68	0.86		0.58	-0.72	0.46	0.33	0.87	-0.15	0.47	-0.2	0.23	-0.4	0.08	0.7	0.02	-0.69	0.73	-0.59
Income Before Tax	0.86	0.15	0.75	0.82	0.71	0.99	0.99	0.99	0.72	0.58		-0.88	0.82	0.53	0.47	-0.39	0.71	-0.58	0.14	-0.72	0.06	0.74	-0.04	-0.85	0.84	-0.72
Total Other Income Expense Net	-0.88	-0.42	-0.74	-0.77	-0.73	-0.91	-0.91	-0.92	-0.72	-0.72	-0.88		-0.69	-0.48	-0.61	0.28	-0.56	0.36	-0.39	0.53	-0.11	-0.66	0.05	0.88	-0.91	0.78
Net Income	0.69	0.02	0.63	0.67	0.61	0.82	0.81	0.8	0.62	0.46	0.82	-0.69		-0.02	0.36	-0.42	0.91	-0.56	0.22	-0.51	0.02	0.6	-0.01	-0.68	0.67	-0.57
Income Tax Expense	0.5	0.05	0.33	0.42	0.31	0.5	0.53	0.53	0.3	0.33	0.53	-0.48	-0.02		0.31	0.12	-0.14	-0.09	-0.02	-0.52	-0.01	0.42	0.01	-0.47	0.48	-0.39
Selling General Administrative	0.69	0.61	0.82	0.81	0.83	0.5	0.51	0.56	0.81	0.87	0.47	-0.61	0.36	0.31		-0.03	0.4	0.01	0.19	-0.32	0.17	0.78	0.01	-0.64	0.71	-0.52
Research Development	-0.26	-0.11	-0.51	-0.44	-0.49	-0.41	-0.4	-0.38	-0.53	-0.15	-0.39	0.28	-0.42	0.12	-0.03		-0.67	0.89	-0.09	0.24	0.15	-0.27	-0.11	0.15	-0.31	0.14
Net Income From Continuing Ops	0.58	0.09	0.75	0.74	0.72	0.71	0.7	0.69	0.74	0.47	0.71	-0.56	0.91	-0.14	0.4	-0.67		-0.71	0.13	-0.49	0.05	0.59	-0.02	-0.51	0.61	-0.43
Non Recurring	-0.36	0.06	-0.53	-0.51	-0.5	-0.57	-0.57	-0.54	-0.53	-0.2	-0.58	0.36	-0.56	-0.09	0.01	0.89	-0.71		-0.05	0.45	0.25	-0.34	-0.22	0.29	-0.3	0.18
Non Operating Income Net Other	0.31	0.02	0.18	0.12	0.21	0.15	0.17	0.2	0.2	0.23	0.14	-0.39	0.22	-0.02	0.19	-0.09	0.13	-0.05		-0.06	-0.57	0.23	0.51	-0.28	0.34	-0.27
Discontinued Operations	-0.61	0.06	-0.55	-0.63	-0.52	-0.69	-0.7	-0.69	-0.52	-0.4	-0.72	0.53	-0.51	-0.52	-0.32	0.24	-0.49	0.45	-0.06		0.12	-0.6	-0.1	0.51	-0.58	0.35
Tax Provision	-0.07	0.38	0.08	0.13	0.07	0.1	0.07	0.04	0.06	0.08	0.06	-0.11	0.02	-0.01	0.17	0.15	0.05	0.25	-0.57	0.12		-0.12	-0.83	-0.03	0.13	-0.26
Interest Income	0.84	0.38	0.82	0.84	0.8	0.74	0.75	0.78	0.8	0.7	0.74	-0.66	0.6	0.42	0.78	-0.27	0.59	-0.34	0.23	-0.6	-0.12		0.25	-0.83	0.77	-0.66
Extraordinary Items	0.1	-0.14	0.02	-0.02	0.03	-0.07	-0.04	-0.01	0.03	0.02	-0.04	0.05	-0.01	0.01	0.01	-0.11	-0.02	-0.22	0.51	-0.1	-0.83	0.25		-0.12	-0.11	0.07
Net Interest Income	-0.88	-0.49	-0.67	-0.73	-0.67	-0.88	-0.88	-0.9	-0.65	-0.69	-0.85	0.88	-0.68	-0.47	-0.64	0.15	-0.51	0.29	-0.28	0.51	-0.03	-0.83	-0.12		-0.79	0.84
Reconciled Depreciation	0.91	0.33	0.83	0.85	0.83	0.86	0.86	0.89	0.82	0.73	0.84	-0.91	0.67	0.48	0.71	-0.31	0.61	-0.3	0.34	-0.58	0.13	0.77	-0.11	-0.79		-0.77
Selling And Marketing Expenses	-0.74	-0.48	-0.59	-0.62	-0.59	-0.75	-0.75	-0.76	-0.58	-0.59	-0.72	0.78	-0.57	-0.39	-0.52	0.14	-0.43	0.18	-0.27	0.35	-0.26	-0.66	0.07	0.84	-0.77

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Federal Signal Account Relationship Matchups

Federal Signal income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	43.4M	47.1M	39.7M	54.6M	60.4M	63.4M
Interest Expense	7.9M	5.7M	4.5M	10.3M	22.9M	12.8M
Total Revenue	1.2B	1.1B	1.2B	1.4B	1.7B	966.0M
Gross Profit	322.8M	293.6M	288.7M	344.9M	442.9M	263.2M
Other Operating Expenses	1.1B	996M	1.1B	1.3B	1.5B	881.6M
Operating Income	147.1M	131.4M	130.7M	160.8M	224.9M	236.1M
Ebit	147.1M	131.4M	130.7M	160.8M	224.9M	236.1M
Ebitda	190.5M	178.5M	170.4M	215.4M	285.3M	299.6M
Cost Of Revenue	898.5M	837.2M	924.5M	1.1B	1.3B	702.8M
Total Operating Expenses	173.2M	158.8M	170.4M	184.6M	218M	178.7M
Income Before Tax	138.6M	124.6M	117.6M	150.9M	203M	213.2M
Total Other Income Expense Net	(8.5M)	(6.8M)	(13.1M)	(9.9M)	(21.9M)	(20.8M)
Net Income	108.5M	96.2M	100.6M	120.4M	157.4M	165.3M
Income Tax Expense	30.2M	28.5M	17M	30.5M	45.6M	47.9M
Selling General Administrative	173.2M	149.2M	159.5M	171.7M	210.1M	144.2M
Research Development	13.6M	12.2M	11.4M	11.5M	12.4M	14.2M
Net Income Applicable To Common Shares	108.5M	96.2M	100.6M	120.4M	138.5M	145.4M
Net Income From Continuing Ops	108.4M	96.1M	100.6M	120.4M	145.6M	89.8M
Tax Provision	30.2M	28.5M	17M	30.5M	40.9M	26.5M
Interest Income	7.9M	5.7M	4.5M	10.3M	11.8M	6.8M
Net Interest Income	(7.9M)	(5.7M)	(4.5M)	(10.4M)	(19.9M)	(18.9M)
Reconciled Depreciation	41.5M	44.8M	50.4M	54.7M	59.1M	49.8M

Pair Trading with Federal Signal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Federal Signal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Federal Signal will appreciate offsetting losses from the drop in the long position's value.

Moving against Federal Stock

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0.62	LIQT	LiqTech International	Pair Corr
0.62	J	Jacobs Solutions Fiscal Year End 19th of November 2024	Pair Corr

The ability to find closely correlated positions to Federal Signal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federal Signal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Federal Signal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Federal Signal to buy it.

The correlation of Federal Signal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Federal Signal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Federal Signal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Federal Signal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Federal Stock Analysis

When running Federal Signal's price analysis, check to measure Federal Signal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Federal Signal is operating at the current time. Most of Federal Signal's value examination focuses on studying past and present price action to predict the probability of Federal Signal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Federal Signal's price. Additionally, you may evaluate how the addition of Federal Signal to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Federal Historical Income Statement

About Federal Income Statement Analysis

Federal Signal Income Statement Chart

Gross Profit

Other Operating Expenses

Operating Income

Federal Signal income statement Correlations

Federal Signal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Federal Signal income statement Accounts

Pair Trading with Federal Signal

Moving against Federal Stock

Additional Tools for Federal Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Ebitda	+ 0.99	Operating Income
Income Before Tax	+ 0.99	Operating Income

Total Other Income Expense Net	- 0.92	Ebitda
Reconciled Depreciation	- 0.91	Total Other Income Expense Net
Total Other Income Expense Net	- 0.91	Ebit
Total Other Income Expense Net	- 0.91	Operating Income
Net Interest Income	- 0.9	Ebitda
Total Other Income Expense Net	- 0.88	Income Before Tax