OakChart

Federal Signal Corp

FSSIndustrials·Farm & Heavy Construction Machinery·USA·Mid·NYSE·Nov 12 • 3:59 PM ET

115.06-1.48 (-1.27%)
2026-11-13 14:04 CET
Market cap
$7.02B
Revenue, TTM
2,548.40 USD m
Net income, TTM
296.90 USD m
Free cash flow, TTM
365.10 USD m
EPS diluted, TTM
4.83
Price / earnings
23.83
Compare

Price

FSS against its 20, 50 and 200-day averages
Terms2050200BeatMiss
Patternshover a marker to name it
RS 23Sales 674Price674680100.00110.00120.00130.001.0M2.1MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26FSSclose 115.0620-day 114.9150-day 114.76200-day 115.83115.0652w high 134.5152w low 101.1952-week range, not 6 months

14.5% under the 52-week high of 134.51 on 6 Jul 2026. 52-week low 101.19 on 1 Jun 2026. Last 15 sessions, 15.1% high to low

Volume 0.00× normal · the session has not printed · the line is the 50-bar volume average

Setup. RS line 23
CANSLIM 2 of 6 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 2 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Average True Range: Under 2
Minervini 0 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 1 of 5 — fails: RSI (14): Not Oversold (>50); Performance: Week +10%; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 1 of 5 — fails: 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; Average Volume: Over 500K; 52-Week High/Low: 0-10% below High
Breakout 1 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 200-Day Simple Moving Average: Price above SMA200
Growth 1 of 4 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%)
Quality 3 of 5 — fails: Net Profit Margin: High (>20%); Debt/Equity: Low (<0.1)
Value 1 of 4 — fails: P/E: Under 15; P/B: Under 2; Debt/Equity: Low (<0.1)
Income 3 of 4 — fails: Dividend Yield: Over 2%
Small Cap 1 of 4 — fails: Average Volume: Over 500K; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 2 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200
Relative Strength 0 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200; Average Volume: Over 500K

Profile

FSS
52-week range, 42% of the way up
101.19134.51

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment. The Safety and Security Systems Group segment offers comprehensive systems and products that law enforcement, fire rescue, emergency medical services, campuses, military facilities, and industrial sites use to protect people and property. The company was founded in 1901 and is headquartered in Downers Grove, IL.

IndexRUT
Employees5800
IPOFeb 11, 1969
Beta1.22
ATR, 14d4.46
Rel volume0.00
Short float7.09%
Insider own2.47%
Inst own104.03%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap$7.02B
Enterprise Value7.40B
Income296.90M
Sales2.55B
Book / share25.88
Cash / share1.21
Dividend Est.0.60 (0.52%)
Dividend TTM0.60 (0.52%)
Dividend Ex-DateNov 13, 2026
Dividend Gr. 3/5Y15.87% 11.84%
Payout13.97%
Employees5800
IPOFeb 11, 1969

Ratios

Price / earnings23.83
Forward price / earnings19.77
Price / earnings / growth1.29
Price / sales2.75
Price / book4.45
Price / cash95.26
Price / free cash flow19.23
Value / cash profit14.11
Value / sales2.90
Quick Ratio1.35
Current Ratio2.97
Debt / equity0.29
Long-term debt / equity0.28
Options and shortYes / Yes

Earnings

Earnings / share4.83
Earnings next year5.82
Earnings next quarter1.30
Earnings this year24.25%
Earnings next year10.71%
Earnings growth, 5 years15.37%
Past earnings growth26.79% 20.79%
Past sales growth14.97% 14.03%
Earnings vs last year25.76%
Sales vs last year23.99%
Earnings vs last quarter16.70%
Sales vs last quarter18.11%
EarningsOct 29 BMO
Surprise1.87% -0.92%

Ownership

Insiders own2.47%
Insider trades-1.65%
Institutions own104.03%
Institution trades0.53%
Return on assets13.52%
Return on equity20.47%
Return on capital14.69%
Gross Margin28.45%
Operating margin16.84%
Profit Margin11.65%
20-day average0.13%
50-day average0.26%
200-day average-0.66%

Technical

Shares out61.00M
Shares floating59.51M
Short / float7.09%
Short ratio9.56
Short interest4.22M
52-week high134.51 -14.5%
52-week low101.19 +13.7%
Volatility3.25% 3.88%
Average range4.46
Strength index49.90
Market sensitivity1.22
Relative volume0.00
Avg Volume441.15K
Volume0

Performance

Perf Week2.66%
Perf Month1.82%
Perf Quarter-8.57%
Perf Half Y-0.02%
Perf YTD5.96%
Perf Year3.51%
Perf 3Y75.61%
Perf 5Y139.36%
Perf 10Y670.15%
Recommendation1.78
Target Price140.14
Prev Close115.06
Price115.06
Change %0.00%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Aug 17, 2026InitiatedCitigroupBuy$150+30.4%
Mar 10, 2026UpgradeKeyBanc Capital MarketsSector Weight → Overweight$130+13.0%
Feb 26, 2026UpgradeCJS SecuritiesMarket Perform → Market Outperform$140+21.7%
Jul 11, 2025DowngradeKeyBanc Capital MarketsOverweight → Sector Weight
May 12, 2025UpgradeKeyBanc Capital MarketsSector Weight → Overweight$110-4.4%
Dec 24, 2024ResumedRaymond JamesOutperform$110-4.4%
May 31, 2024InitiatedWilliam BlairOutperform
Jul 31, 2023DowngradeDA DavidsonBuy → Neutral$68 → $66-42.6%
Feb 23, 2023DowngradeSidotiBuy → Neutral$50-56.5%
Nov 21, 2022DowngradeKeyBanc Capital MarketsOverweight → Sector Weight

Peers

Mkt cap
TickerCompanyMkt cap
TEXTerex Corp6.47B
AEBIAebi Schmidt Holding AG794.66M
ALGAlamo Group Inc1.71B
OSKOshkosh Corp8.56B
BLBDBlue Bird Corp1.74B
ASTEAstec Industries Inc890.39M
PCARPaccar Inc56.07B
MTWManitowoc Co Inc880.29M
LNNLindsay Corp1.10B
WNCWabash National Corp477.05M

Insider trading

8 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
REICHELDERFER BRENDADirectorAug 04 '26Sale131.026,070795,27345,888Aug 06 02:58 PM
Bonina DianeVP, Gen'l Counsel & SecretaryAug 04 '26Option Exercise42.7514,856635,10924,095Aug 05 06:37 PM
Bonina DianeVP, Gen'l Counsel & SecretaryAug 04 '26Sale130.4414,8561,937,85815,689Aug 05 06:37 PM
Bonina DianeVP, Gen'l Counsel & SecretaryAug 03 '26Sale128.754,408567,52815,689Aug 05 06:37 PM
REICHELDERFER BRENDADirectorAug 04 '26Proposed Sale129.126,070783,758Aug 04 10:19 AM
Bonina DianeOfficerAug 03 '26Proposed Sale124.9514,8561,856,257Aug 03 12:52 PM
SHERMAN JENNIFER LPresident & CEOMay 01 '26Option Exercise12.6659,242750,004679,099May 05 05:02 PM
Maue Richard ADirectorMar 10 '26Buy110.772,000221,5322,000Mar 10 04:11 PM

Held by

AUM
TickerCompanyAUM
IJRiShares Core S&P Small-Cap ETFAUM: 107.13B
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
IWMiShares Russell 2000 Index FundAUM: 77.86B
VBVanguard Morningstar Small-Cap ETFAUM: 80.23B
AIRRFirst Trust RBA American Industrial Renaissance ETFAUM: 8.28B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.68B
VXFVanguard Extended Market Index ETFAUM: 30.79B
IWOiShares Russell 2000 Growth ETFAUM: 14.25B
SPSMState Street SPDR Portfolio S&P 600TM Small Cap ETFAUM: 16.19B
IJTiShares S&P Small-Cap 600 Growth ETFAUM: 7.52B

News

latest 14 of 200
  • Federal Signal Lifts EPS Outlook Again As Orders Surge 33%, But Slower Organic Sales And A Revenue Miss Muddy The Record Quarter (Earnings Whispers)
  • Federal Signal: Q3 Earnings Snapshot (Associated Press)
  • Federal Signal Reports Record Third Quarter Results Including 18% Net Sales Growth, 19% Operating Income Improvement, Strong Cash Generation, and 33% Increase in Orders (PR Newswire)
  • Federal Signal Expands Vacuum Truck Portfolio by Acquiring Global Vacuum Systems (PR Newswire)
  • Federal Signal Corporation Declares Dividend of $0.15 per share (PR Newswire)
  • Federal Signal Faces Backlog And SSG Order Test After Two Straight Guidance Raises (Earnings Whispers)
  • Federal Signal to Host Third Quarter Earnings Conference Call on October 29, 2026 (PR Newswire)
  • The Takeover Case for Miller Industries: A Cash-Gushing Niche Leader (Trefis)
  • Federal Signal Corp (FSS) (Q2 2026) Earnings Call Highlights: Record Sales and Surging Cash ... (GuruFocus.com) +11.34%
  • Federal Signal: Q2 Earnings Snapshot (Associated Press)
  • Federal Signal Reports Record Second Quarter Results Including 19% Net Sales Growth, 21% Operating Income Improvement, Strong Cash Generation, and 18% Increase in Orders; Raises Full-Year Outlook (PR Newswire)
  • Federal Signal Corporation Declares Dividend of $0.15 per share (PR Newswire)
  • Federal Signal to Host Second Quarter Earnings Conference Call on July 30, 2026 (PR Newswire)
  • Federal Signal Provides Update on Streator, Illinois Facility; Announces Signing of Definitive Agreement to Acquire Western Technology, Expanding its Presence in Portable Industrial Signaling Solutions for Hazardous Environments (PR Newswire)

Quarterly earnings

2026Q3 EPS 1.340 beat 1.315, from 1.140 a year earlier. Sales 655.5 missed 661.61, from 555 a year earlier
EPS
1.42002024Q4 EPS 0.870 against 0.87124Q42025Q1 EPS 0.760 against 0.73125Q12025Q2 EPS 1.170 against 1.05925Q22025Q3 EPS 1.140 against 1.07625Q32025Q4 EPS 1.160 against 1.06825Q42026Q1 EPS 1.180 against 0.88426Q12026Q2 EPS 1.420 against 1.28726Q22026Q3 EPS 1.340 against 1.31526Q3
Sales, USD millions
670.202024Q4 sales 472 against 481.8724Q42025Q1 sales 463.8 against 462.6325Q12025Q2 sales 564.6 against 537.325Q22025Q3 sales 555 against 545.1825Q32025Q4 sales 597.1 against 545.5225Q42026Q1 sales 625.6 against 579.8726Q12026Q2 sales 670.2 against 667.0426Q22026Q3 sales 655.5 against 661.6126Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-10-29 08:301.3401.3151.290655.5661.61EPS +1.9% · sales -0.9%vs 2025Q3, year-ago quarter · EPS +17.5% · sales +18.1%8Open -6.73% vs SPY -0.46%. Close +1.55% vs SPY -0.38%
2026Q2ended 2026-06-302026-07-30 08:301.4201.2871.400670.2667.04EPS +10.3% · sales +0.5%vs 2025Q2, year-ago quarter · EPS +21.4% · sales +18.7%7Open +8.04% vs SPY +0.90%. Close +11.34% vs SPY +1.68%
2026Q1ended 2026-03-312026-04-29 08:301.1800.8841.145625.6579.87EPS +33.4% · sales +7.9%vs 2025Q1, year-ago quarter · EPS +55.3% · sales +34.9%7Open +13.42% vs SPY -0.10%. Close +8.72% vs SPY -0.02%
2025Q4ended 2025-12-312026-02-25 08:301.1601.0680.989597.1545.52EPS +8.6% · sales +9.5%vs 2024Q4, year-ago quarter · EPS +33.3% · sales +26.5%7Open +5.60% vs SPY +0.41%. Close +2.08% vs SPY +0.84%
2025Q3ended 2025-09-302025-10-30 08:301.1401.0761.109555545.18EPS +5.9% · sales +1.8%vs 2024Q3, year-ago quarter · EPS +29.5% · sales +17.0%7Open +2.12% vs SPY -0.51%. Close -10.78% vs SPY -1.10%
2025Q2ended 2025-06-302025-07-30 08:301.1701.0591.165564.6537.3EPS +10.5% · sales +5.1%vs 2024Q2, year-ago quarter · EPS +23.2% · sales +15.1%7Open +12.05% vs SPY +0.10%. Close +18.21% vs SPY -0.13%
2025Q1ended 2025-03-312025-04-30 08:300.7600.7310.749463.8462.63EPS +3.9% · sales +0.3%vs 2024Q1, year-ago quarter · EPS +18.8% · sales +9.2%7Open +4.08% vs SPY -1.22%. Close +7.63% vs SPY +0.04%
2024Q4ended 2024-12-312025-02-26 08:300.8700.8710.808472481.87EPS -0.2% · sales -2.0%vs 2023Q4, year-ago quarter · EPS +17.6% · sales +5.3%7Open -2.36% vs SPY +0.28%. Close -11.87% vs SPY +0.05%
2024Q3ended 2024-09-302024-10-31 08:300.8800.8360.874474.2479.91EPS +5.3% · sales -1.2%vs 2023Q3, year-ago quarter · EPS +23.9% · sales +6.2%7Open -1.43% vs SPY -0.77%. Close -3.79% vs SPY -1.96%
2024Q2ended 2024-06-302024-07-25 08:300.9500.8430.985490.4487.74EPS +12.6% · sales +0.5%vs 2023Q2, year-ago quarter · EPS +41.8% · sales +10.8%7Open +1.84% vs SPY +0.02%. Close +1.96% vs SPY -0.52%
2024Q1ended 2024-03-312024-04-30 08:300.6400.5650.838424.9425.58EPS +13.3% · sales -0.2%vs 2023Q1, year-ago quarter · EPS +39.1% · sales +10.2%6Open -2.32% vs SPY -0.29%. Close -4.56% vs SPY -1.58%
2023Q4ended 2023-12-312024-02-27 08:300.7400.6580.753448.4428.53EPS +12.4% · sales +4.6%vs 2022Q4, year-ago quarter · EPS +29.8% · sales +14.5%6Open +3.52% vs SPY +0.14%. Close +2.59% vs SPY +0.19%
2023Q3ended 2023-09-302023-11-02 08:300.7100.6570.705446.4437.43EPS +8.1% · sales +2.0%vs 2022Q3, year-ago quarter · EPS +34.0% · sales +28.9%6-
2023Q2ended 2023-06-302023-07-27 08:300.6700.6240.656442.4425.7EPS +7.3% · sales +3.9%vs 2022Q2, year-ago quarter · EPS +26.4% · sales +20.6%7-
2023Q1ended 2023-03-312023-05-02 08:300.4600.4010.447385.5370.59EPS +14.6% · sales +4.0%vs 2022Q1, year-ago quarter · EPS +35.3% · sales +16.7%7-
2022Q4ended 2022-12-312023-03-01 08:300.5700.5640.565391.5379.69EPS +1.0% · sales +3.1%vs 2021Q4, year-ago quarter · EPS +42.5% · sales +29.9%7-

Annual earnings

2025FY EPS 4.230 beat 4.137, from 3.340 a year earlier. Sales 2,181 beat 2,129, from 1,862 a year earlier
EPS
4.23002018FY EPS 1.410 against 1.34420182019FY EPS 1.790 against 1.73820192020FY EPS 1.670 against 1.63420202021FY EPS 1.750 against 1.73120212022FY EPS 1.960 against 1.95720222023FY EPS 2.580 against 2.49720232024FY EPS 3.340 against 3.34920242025FY EPS 4.230 against 4.1372025
Sales, USD millions
2,18102018FY sales 1,090 against 1,07820182019FY sales 1,221 against 1,21620192020FY sales 1,131 against 1,12820202021FY sales 1,213 against 1,21420212022FY sales 1,435 against 1,42320222023FY sales 1,723 against 1,70320232024FY sales 1,862 against 1,87120242025FY sales 2,181 against 2,1292025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2028FYestimate-6.496--3,01217.71
2027FYestimate-5.819--2,78719.78
2026FYestimate-5.256--2,62521.89
2025FY4.2304.1374.0102,1812,12925.67
2024FY3.3403.3493.5061,8621,87127.66
2023FY2.5802.4972.5591,7231,70329.74
2022FY1.9601.9571.9671,4351,42323.71
2021FY1.7501.7311.6251,2131,21424.77
2020FY1.6701.6341.5591,1311,12819.86
2019FY1.7901.7381.7611,2211,21618.02
2018FY1.4101.3441.5361,0901,07814.11
2017FY0.8500.8061.020898.5879.7623.64
2016FY0.6900.6830.647707.9721.7822.62
2015FY1.0201.0301.000768851112.80
2014FY0.9300.9101.000918.5909123.72
2013FY0.9600.8752.530851.3-119.85
2012FY0.3700.394-0.440803.2806.98310.97
2011FY0.1000.112-0.230795.6776.51150.60
2010FY0.0700.135-3.050726.57551643.71

Quarterly results

2026Q3 revenue 655.5, from 555 a year earlier. Operating margin 17.2%, from 17.2% a year earlier
Revenue, USD millions
670.202024Q4 revenue 47224Q42025Q1 revenue 463.825Q12025Q2 revenue 564.625Q22025Q3 revenue 55525Q32025Q4 revenue 597.125Q42026Q1 revenue 625.626Q12026Q2 revenue 670.226Q22026Q3 revenue 655.526Q3
Operating margin
17.702024Q4 operating margin 14.9%24Q42025Q1 operating margin 14.3%25Q12025Q2 operating margin 17.4%25Q22025Q3 operating margin 17.2%25Q32025Q4 operating margin 16.2%25Q42026Q1 operating margin 16.1%26Q12026Q2 operating margin 17.7%26Q22026Q3 operating margin 17.2%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 5.26 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-055.26+0.0%
2026Q4Eper share2026-11-051.30+0.0%
2026FYRper share2026-11-055.15+0.0%
2026Q4Rper share2026-11-051.30+0.0%
2026FYSUSD millions2026-11-052,625+0.0%
2026Q4S-2026-11-05674.140.0%
2026Q3Eper share2026-10-211.320.0%
2026Q3Rper share2026-10-211.320.0%
2026Q3S-2026-10-21661.610.0%
2026Q2Eper share2026-07-151.290.0%
2026Q2Rper share2026-07-151.290.0%
2026Q2S-2026-07-14667.040.0%
2026Q1Eper share2026-04-030.880.0%
2026Q1S-2026-04-03579.870.0%
2026Q1Rper share2026-02-270.89-0.9%
2025FYEper share2026-02-254.15+0.3%
2025Q4Eper share2026-02-251.08+1.1%
2025FYRper share2026-02-254.11+0.4%
2025Q4Rper share2026-02-251.09+1.7%
2025FYSUSD millions2026-02-252,131+0.1%
2025Q4S-2026-02-25550.09+0.8%
2025Q3Eper share2025-10-131.080.0%
2025Q3Rper share2025-10-131.080.0%
2025Q3S-2025-10-13545.180.0%
2025Q2Eper share2025-07-161.060.0%
2025Q2Rper share2025-07-161.060.0%
2025Q2S-2025-07-14537.30.0%
2025Q1S-2025-04-25462.550.0%
2025Q1Eper share2025-04-220.73+0.0%
2025Q1Rper share2025-02-280.73-1.6%
2024Q4Rper share2025-02-180.87+0.1%
2024FYSUSD millions2025-02-181,871+0.0%
2024Q4S-2025-02-18481.87+0.1%
2024FYEper share2025-02-113.35+0.0%
2024Q4Eper share2025-02-110.87-0.1%
2024FYRper share2025-02-113.56+0.0%
2024Q3Eper share2024-10-120.840.0%
2024Q3Rper share2024-10-120.830.0%
2024Q3S-2024-10-12481.710.0%
2024Q2Eper share2024-07-150.840.0%
2024Q2Rper share2024-07-150.840.0%
2024Q2S-2024-07-14487.740.0%
2024Q1Eper share2024-03-260.57+0.6%
2024Q1Rper share2024-03-260.66-5.8%
2024Q1S-2024-03-26425.58+0.4%
2023FYEper share2024-02-242.500.0%
2023FYRper share2024-01-172.470.0%
2023FYSUSD millions2024-01-171,7030.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share1.021.5361.7611.5591.6251.9672.5593.5064.014.8276-
Sales USD millions8991,0901,2211,1311,2131,4351,7231,8622,1812,548-
Shares million shares606061616161616161-61
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share0.8740.8080.7491.1651.1090.9891.1451.41.294
Sales USD millions474472464565555597626670656
Shares million shares616161616161616161

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue2,548.402,180.50+17.1%1,861.50+8.1%1,722.70+20.1%1,434.80+18.3%1,213.20+7.3%1,130.80-7.4%1,221.30+12.1%1,089.50
Cost of Goods Sold Incl. D&A1,823.401,567.70+17.4%1,335.10+4.3%1,279.80+16.8%1,096.00+17.2%935.40+11.7%837.20-6.8%898.50+11.3%807.40
Gross Profit725.00612.80+16.4%526.40+18.9%442.90+30.7%338.80+22.0%277.80-5.4%293.60-9.0%322.80+14.4%282.10
Selling, General and Administrative Excl. Other287.50255.90+9.4%234.00+11.4%210.10+22.4%171.70+16.0%148.00-6.8%158.80-8.3%173.20+8.7%159.40
Research and Development-13.40+8.1%12.400.0%12.40+7.8%11.50+0.9%11.40-6.6%12.20-10.3%13.60+4.6%13.00
Other Operating Expense8.300.00-100.0%8.40+6.3%7.90+16.2%6.800.000.000.000.00
Operating Income429.20356.90+25.7%284.00+26.3%224.90+40.3%160.30+23.5%129.80-3.7%134.80-9.9%149.60+21.9%122.70
Interest Expense22.9014.00-6.0%14.90-34.9%22.90+126.7%10.10+180.6%3.60-32.1%5.30-40.4%8.90-4.3%9.30
Unusual Expense16.4016.10+151.6%6.40+1500.0%0.40-0.40-0.60-117.6%3.40+36.0%2.50+108.3%1.20
Net Income Before Taxes387.30324.50+23.0%263.90+30.0%203.00+34.5%150.90+28.3%117.60-5.6%124.60-10.1%138.60+24.2%111.60
Income Taxes90.4077.90+63.7%47.60+4.4%45.60+49.5%30.50+79.4%17.00-40.4%28.50-5.6%30.20+68.7%17.90
Consolidated Net Income296.90246.60+14.0%216.30+37.4%157.40+30.7%120.40+19.7%100.60+4.7%96.10-11.3%108.40+15.7%93.70
Net Income From Continuing Operations296.90246.60+14.0%216.30+37.4%157.40+30.7%120.40+19.7%100.60+4.7%96.10-11.3%108.40+15.7%93.70
Net Income296.90246.60+14.0%216.30+37.4%157.40+30.7%120.40+19.7%100.60+4.6%96.20-11.3%108.50+15.4%94.00
EPS (Recurring) per share5.014.19+17.0%3.58+39.8%2.56+30.6%1.96+21.0%1.62+1.2%1.60-10.6%1.79+15.5%1.55
EPS (Basic, Before Extraordinaries) per share4.884.06+14.4%3.55+37.1%2.59+30.2%1.99+20.6%1.65+3.1%1.60-11.1%1.80+14.6%1.57
EPS (Diluted) per share4.834.01+14.2%3.51+37.1%2.56+29.9%1.97+20.9%1.63+4.5%1.56-11.4%1.76+14.3%1.54
EBITDA524.50437.40+25.2%349.30+22.4%285.30+32.7%215.00+19.3%180.20+0.3%179.60-6.0%191.10+20.1%159.10
Non-Operating Income (Expense)-2.60-2.30-291.7%1.20-14.3%1.40+366.7%0.30-9.20-1.50-475.0%0.40-0.60
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense11.4713.20-0.8%13.30+19.8%11.10+33.7%8.30+36.1%6.10-9.0%6.70-1.5%6.80+17.2%5.80
Price To Earnings Ratio ratio statement ratio, not the snapshot23.8323.8326.7832.3327.0026.6021.2018.2612.96
Price To Sales Ratio ratio2.673.063.062.741.982.211.811.631.12
Gross Margin %28.4528.1028.2825.7123.6122.9025.9626.4325.89
Operating Margin %16.8416.3715.2613.0611.1710.7011.9212.2511.26
Net Margin %11.6511.3111.629.148.398.298.518.888.63
Shares Outstanding million shares61.0060.90-0.3%61.10+0.2%61.00+0.5%60.70-0.3%60.90+0.7%60.500.0%60.50+0.5%60.20
Market Capitalization7,020.567,020.56+24.4%5,645.62+20.7%4,675.68+65.9%2,817.78+6.5%2,646.86+31.8%2,007.56+2.9%1,951.38+62.8%1,198.82

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue655.50+18.1%670.20+18.7%625.60+34.9%597.10+26.5%555.00+17.0%564.60+15.1%463.80+9.2%472.00+5.3%
Cost of Goods Sold Incl. D&A469.90+18.8%469.90+18.3%450.70+34.3%432.90+26.8%395.40+17.7%397.20+14.2%335.70+8.2%341.30+3.2%
Gross Profit185.60+16.3%200.30+19.7%174.90+36.5%164.20+25.6%159.60+15.3%167.40+17.3%128.10+11.8%130.70+11.0%
Selling, General and Administrative Excl. Other69.80+13.7%78.30+17.0%72.00+19.6%67.40+15.4%61.40+2.2%66.90+14.8%60.20+5.2%58.40+7.9%
Other Operating Expense3.20+23.1%3.10+34.8%2.00+25.0%0.00-100.0%2.60+44.4%2.30-8.0%1.60-27.3%1.90-13.6%
Operating Income112.60+17.8%118.90+21.1%100.90+52.2%96.80+37.5%95.60+25.0%98.20+19.9%66.30+20.1%70.40+14.5%
Interest Expense5.30+89.3%6.00+76.5%6.90+130.0%4.70+51.6%2.80-22.2%3.40-17.1%3.00-26.8%3.10-40.4%
Unusual Expense1.20-25.0%0.70+40.0%1.20+100.0%13.30+224.4%1.60+166.7%0.50-37.5%0.60-33.3%4.10
Net Income Before Taxes105.10+16.1%111.40+19.3%92.20+48.7%78.60+25.0%90.50+24.7%93.40+20.5%62.00+21.8%62.90+7.5%
Income Taxes25.50+13.8%25.30+15.0%21.80+38.9%17.80+38.0%22.40+19.8%22.00+31.7%15.7012.90+6.6%
Consolidated Net Income79.60+16.9%86.10+20.6%70.40+52.1%60.80+21.6%68.10+26.3%71.40+17.4%46.30-10.3%50.00+7.8%
Net Income From Continuing Operations79.60+16.9%86.10+20.6%70.40+52.1%60.80+21.6%68.10+26.3%71.40+17.4%46.30-10.3%50.00+7.8%
Net Income79.60+16.9%86.10+20.6%70.40+52.1%60.80+21.6%68.10+26.3%71.40+17.4%46.30-10.3%50.00+7.8%
EPS (Recurring) per share1.31+15.9%1.41+20.5%1.16+52.6%1.14+34.1%1.13+28.4%1.17+18.2%0.76-10.6%0.85+14.9%
EPS (Basic, Before Extraordinaries) per share1.30+16.1%1.41+19.5%1.16+52.6%1.00+22.0%1.12+27.3%1.18+18.0%0.76-10.6%0.82+7.9%
EPS (Diluted) per share1.29+16.2%1.40+20.7%1.14+52.0%0.99+22.2%1.11+27.6%1.16+17.2%0.75-10.7%0.81+8.0%
EBITDA137.90+19.0%143.50+21.5%124.70+46.7%118.40+34.5%115.90+24.6%118.10+20.9%85.00+20.4%88.00+14.6%
Non-Operating Income (Expense)-1.00-0.80-0.60-0.20-0.70-333.3%-0.90-280.0%-0.70-200.0%-0.30-150.0%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense3.16-11.2%3.40-10.3%1.60-15.8%3.32-24.0%3.56+32.3%3.79+36.8%1.90-45.4%4.37+50.7%
Price To Earnings Ratio ratio statement ratio, not the snapshot23.8329.1526.9628.3533.1031.1520.9926.78
Price To Sales Ratio ratio2.673.232.843.063.553.302.393.07
Gross Margin %28.3129.8927.9627.5028.7629.6527.6227.69
Operating Margin %17.1817.7416.1316.2117.2317.3914.2914.92
Net Margin %12.1412.8511.2510.1812.2712.659.9810.59
Shares Outstanding million shares61.00+0.3%61.10+0.5%61.00-0.2%60.90-0.3%60.80-0.5%60.80-0.7%61.100.0%61.10+0.2%
Market Capitalization7,020.56-2.9%7,838.19+20.8%6,584.45+46.5%6,603.21+17.0%7,233.63+26.6%6,488.30+26.9%4,493.69-13.2%5,645.62+20.7%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments63.70-30.1%91.10+49.3%61.00+28.4%47.50+17.3%40.50-50.4%81.70+158.5%31.60-15.5%37.40-0.3%37.50
Short Term Receivables292.20+48.8%196.40+5.5%186.20+7.1%173.80+27.8%136.00+7.1%127.00-5.4%134.20+7.9%124.40+5.2%118.20
Inventories471.60+42.5%331.00+9.1%303.40+3.7%292.70+27.8%229.10+23.8%185.00+1.1%182.90+16.3%157.30+14.7%137.20
Other Current Assets26.30+9.6%24.00+22.4%19.60+12.6%17.40-31.5%25.40+115.3%11.80-1.7%12.00+27.7%9.40-13.8%10.90
Total Current Assets853.80+32.9%642.50+12.7%570.20+7.3%531.40+23.3%431.00+6.3%405.50+12.4%360.70+9.8%328.50+8.1%303.80
Net Property, Plant & Equipment505.70+20.4%419.90+21.1%346.60+10.7%313.10+11.8%280.10+15.7%242.10+3.1%234.90+48.1%158.60+7.7%147.30
Total Investments and Advances0.000.000.000.000.000.000.000.000.00
Intangible Assets1,002.70+48.0%677.40-0.4%680.20+2.8%661.60+3.7%637.90+16.5%547.70-0.7%551.70+6.5%518.20-2.1%529.10
Deferred Tax Assets10.10+7.4%9.40-21.7%12.00+36.4%8.80+4.8%8.40-11.6%9.50-5.0%10.00-20.0%12.50+101.6%6.20
Other Assets20.30+26.9%16.00+39.1%11.50+22.3%9.40+8.0%8.70+117.5%4.00-51.2%8.20+36.7%6.00+1.7%5.90
Total Assets2,392.60+35.5%1,765.20+8.9%1,620.50+6.3%1,524.30+11.6%1,366.10+13.0%1,208.80+3.7%1,165.50+13.8%1,023.80+3.2%992.30
Short Term Debt Incl. Current Port. of LT Debt8.40-67.9%26.20+127.8%11.50+36.9%8.40-10.6%9.40+11.9%8.400.0%8.40+4100.0%0.20-33.3%0.30
Accounts Payable98.00+24.1%79.00+18.4%66.70-7.9%72.40+11.7%64.80+25.6%51.60-20.6%65.00-1.7%66.10+28.3%51.50
Other Current Liabilities176.00+28.8%136.60+16.2%117.60+18.0%99.70+3.6%96.20+8.8%88.40+1.8%86.80-6.2%92.50+41.7%65.30
Total Current Liabilities282.40+16.8%241.80+23.5%195.80+8.5%180.50+5.9%170.40+14.8%148.40-7.4%160.20+0.9%158.80+35.6%117.10
Long Term Debt586.20+159.2%226.20-26.8%309.20-18.6%380.00+24.9%304.30+35.1%225.30-6.9%241.90+15.2%209.90-24.3%277.40
Provision for Risks Charges44.60+4.0%42.90-5.3%45.30+11.9%40.50-3.6%42.00-24.3%55.50+5.7%52.50-7.4%56.70-3.6%58.80
Deferred Tax Liabilities71.90+24.0%58.00+9.0%53.20+4.3%51.00-4.1%53.20-0.9%53.70+1.9%52.70+13.8%46.30+2.0%45.40
Other Liabilities25.50+150.0%10.20-32.5%15.10+32.5%11.40-6.6%12.20-48.7%23.80+43.4%16.60-24.5%22.00-39.2%36.20
Total Liabilities1,010.60+74.5%579.10-6.4%618.60-6.8%663.40+14.0%582.10+14.9%506.70-3.3%523.90+6.1%493.70-7.7%534.90
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity1,382.00+16.5%1,186.10+18.4%1,001.90+16.4%860.90+9.8%784.00+11.7%702.10+9.4%641.60+21.0%530.10+15.9%457.40
Total Shareholders Equity1,382.00+16.5%1,186.10+18.4%1,001.90+16.4%860.90+9.8%784.00+11.7%702.10+9.4%641.60+21.0%530.10+15.9%457.40
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity1,382.00+16.5%1,186.10+18.4%1,001.90+16.4%860.90+9.8%784.00+11.7%702.10+9.4%641.60+21.0%530.10+15.9%457.40
Total Liabilities & Stockholders Equity2,392.60+35.5%1,765.20+8.9%1,620.50+6.3%1,524.30+11.6%1,366.10+13.0%1,208.80+3.7%1,165.50+13.8%1,023.80+3.2%992.30
Book Value Per Share per share22.69+16.9%19.41+18.2%16.42+15.8%14.18+10.2%12.87+10.9%11.60+9.4%10.60+20.3%8.81+15.6%7.62
Tangible Book Value Per Share per share6.23-25.2%8.33+58.1%5.27+60.7%3.28+36.7%2.40-5.9%2.55+71.1%1.49+645.0%0.20-1.20
Full-Time Employees people5,800+23.4%4,700+4.4%4,500+9.8%4,100+5.1%3,900+11.4%3,500-2.8%3,600+9.1%3,300+6.5%3,100
Price to Book Ratio ratio4.454.914.893.403.372.863.042.262.83
Return on Assets %11.8612.7810.018.337.818.109.909.307.40
Return on Equity %19.2019.7716.9014.6413.5414.3018.5018.9814.21
Return on Invested Capital %12.5315.3212.019.709.2410.3712.2812.708.38
Quick Ratio ratio1.351.291.361.321.181.491.111.081.42
Current Ratio ratio3.022.662.912.942.532.732.252.072.59

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income296.90246.60+14.0%216.30+37.4%157.40+30.7%120.40+19.7%100.60+4.6%96.20-11.3%108.50+15.4%94.00
Depreciation95.3080.50+23.3%65.30+8.1%60.40+10.4%54.70+8.5%50.40+12.5%44.80+8.0%41.50+14.0%36.40
Other Funds (Non Cash)19.4021.90+51.0%14.50+98.6%7.30-20.7%9.20-15.6%10.90+505.6%1.80-72.3%6.50-0.90
Funds from Operations420.90362.90+20.6%301.00+33.9%224.80+24.8%180.10+15.9%155.40+4.6%148.60-7.0%159.80+29.0%123.90
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-18.10-108.20-69.70-30.40-108.30-53.60-12.40-56.70-31.10
Income Taxes Payable--0.60-5.40-0.50-106.3%8.00-11.60-992.3%1.300.0%1.30-40.9%2.20
Cash from Operating Activities402.80254.70+10.1%231.30+19.0%194.40+170.8%71.80-29.5%101.80-25.3%136.20+32.1%103.10+11.1%92.80
Capital Expenditures-37.70-27.60-40.60-30.30-53.00-37.40-29.70-35.40-14.10
Net Assets From Acquisitions-486.10-501.00-39.70-55.00-49.80-131.80-5.40-49.600.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.00-100.0%3.00
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources2.000.70-50.0%1.40-12.5%1.60-48.4%3.10+520.0%0.50-28.6%0.70+16.7%0.60+500.0%0.10
Cash from Investing Activities-521.80-527.90-78.90-83.70-99.70-168.70-34.40-84.40-11.00
Cash Dividends Paid-36.00-34.10-29.30-23.80-21.80-22.00-19.40-19.30-18.70
Change in Capital Stock-1.50-36.00-4.70-1.60-15.90-11.20-13.10-1.40-0.40
Repurchase of Common Pref Stock-5.10-39.70-6.70-5.50-16.10-15.40-13.70-3.10-1.70
Sale of Common Pref Stock3.603.70+85.0%2.00-48.7%3.90+1850.0%0.20-95.2%4.20+600.0%0.60-64.7%1.70+30.8%1.30
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net203.90345.30-80.40-64.90-181.8%79.30+12.5%70.50-11.80-284.4%6.40-62.10
Change in Long Term Debt203.90345.30-80.40-64.90-181.8%79.30+12.5%70.50-11.80-284.4%6.40-62.10
Issuance of Long Term Debt464.50465.600.000.00-100.0%79.30+12.5%70.500.00-100.0%6.400.00
Reduction of Long Term Debt-260.60-120.30-80.40-64.900.000.00-11.800.00-62.10
Net Financing Active Other Cash Flow-27.70-30.70-6.60-7.60-6.10-10.90-9.10-10.300.00
Other Financing Activities Uses-27.70-30.70-6.60-7.60-6.20-10.90-9.10-10.300.00
Cash from Financing Activities138.70244.50-121.00-97.90-375.8%35.50+34.5%26.40-53.40-24.60-81.20
Exchange Rate Effect-0.401.30-1.30-285.7%0.70-0.60-0.70-141.2%1.70+1600.0%0.10-0.70
Net Change in Cash19.30-27.40-191.0%30.10+123.0%13.50+92.9%7.00-41.20-182.2%50.10-5.80-0.10
Free Cash Flow365.10227.10+19.1%190.70+16.2%164.10+772.9%18.80-70.8%64.40-39.5%106.50+57.3%67.70-14.0%78.70
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio20.7034.6035.3233.64-63.2723.5041.0520.30
Deferred Taxes & Investment Tax Credit-13.90+183.7%4.90-0.30-4.20-6.50-212.1%5.80+75.8%3.30-5.60

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments73.70+35.5%62.80-2.9%71.40+24.2%63.70-30.1%54.40-26.2%64.70+33.1%57.50+17.6%91.10+49.3%
Short Term Receivables300.10+13.8%288.80+21.2%310.10+38.9%292.20+48.8%263.60+19.7%238.30+11.6%223.20+16.6%196.40+5.5%
Inventories470.40+28.1%479.80+34.6%477.80+32.0%471.60+42.5%367.30+9.0%356.50+9.1%362.00+12.2%331.00+9.1%
Other Current Assets21.00-0.9%25.50+3.7%17.50-20.8%26.30+9.6%21.20+16.5%24.60+8.4%22.10-31.6%24.00+22.4%
Total Current Assets865.20+22.5%856.90+25.3%876.80+31.9%853.80+32.9%706.50+8.8%684.10+11.8%664.80+11.7%642.50+12.7%
Net Property, Plant & Equipment536.20+15.2%530.40+14.3%527.10+17.6%505.70+20.4%465.40+18.6%464.20+20.4%448.40+25.4%419.90+21.1%
Total Investments and Advances0.000.00-100.0%0.00-100.0%0.000.00-100.0%0.10-85.7%0.20-60.0%0.00
Intangible Assets1,024.70+38.6%1,023.70+38.3%1,020.70+37.9%1,002.70+48.0%739.30+10.6%740.10+10.4%740.00+9.7%677.40-0.4%
Deferred Tax Assets9.70-9.3%9.80-8.4%9.900.0%10.10+7.4%10.70-8.5%10.70-8.5%9.90-15.4%9.40-21.7%
Other Assets18.70+13.3%19.20+14.3%19.90+23.6%20.30+26.9%16.50+55.7%16.80+47.4%16.10+38.8%16.00+39.1%
Total Assets2,454.50+26.6%2,440.00+27.3%2,454.40+30.6%2,392.60+35.5%1,938.40+11.8%1,916.00+13.3%1,879.40+13.8%1,765.20+8.9%
Short Term Debt Incl. Current Port. of LT Debt9.30-51.6%14.00-20.5%11.10-34.7%8.40-67.9%19.20+26.3%17.60+27.5%17.00+40.5%26.20+127.8%
Accounts Payable111.30+8.0%114.60+11.5%115.80+11.6%98.00+24.1%103.10+16.0%102.80+18.2%103.80+16.9%79.00+18.4%
Other Current Liabilities171.20+15.0%184.30+29.2%181.30+15.0%176.00+28.8%148.90+18.8%142.60+28.6%157.60+62.1%136.60+16.2%
Total Current Liabilities291.80+7.6%312.90+19.0%308.20+10.7%282.40+16.8%271.20+18.2%263.00+24.2%278.40+31.9%241.80+23.5%
Long Term Debt442.80+97.8%471.80+69.3%571.70+98.4%586.20+159.2%223.90-8.2%278.60+3.1%288.20+2.4%226.20-26.8%
Provision for Risks Charges41.60-1.9%44.40+6.5%41.90+4.5%44.60+4.0%42.40+3.4%41.70-2.8%40.10-10.7%42.90-5.3%
Deferred Tax Liabilities73.30+8.9%77.80+33.0%74.20+26.2%71.90+24.0%67.30+19.1%58.50+5.4%58.80+8.7%58.00+9.0%
Other Liabilities26.20+120.2%25.50+112.5%23.90+107.8%25.50+150.0%11.90-10.5%12.00+2.6%11.50-25.8%10.20-32.5%
Total Liabilities875.70+42.0%932.40+42.6%1,019.90+50.6%1,010.60+74.5%616.70+5.6%653.80+10.5%677.00+11.5%579.10-6.4%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity1,578.80+19.5%1,507.60+19.4%1,434.50+19.3%1,382.00+16.5%1,321.70+15.0%1,262.20+14.8%1,202.40+15.1%1,186.10+18.4%
Total Shareholders Equity1,578.80+19.5%1,507.60+19.4%1,434.50+19.3%1,382.00+16.5%1,321.70+15.0%1,262.20+14.8%1,202.40+15.1%1,186.10+18.4%
Accumulated Minority Interest0.000.000.000.000.000.000.000.00
Total Equity1,578.80+19.5%1,507.60+19.4%1,434.50+19.3%1,382.00+16.5%1,321.70+15.0%1,262.20+14.8%1,202.40+15.1%1,186.10+18.4%
Total Liabilities & Stockholders Equity2,454.50+26.6%2,440.00+27.3%2,454.40+30.6%2,392.60+35.5%1,938.40+11.8%1,916.00+13.3%1,879.40+13.8%1,765.20+8.9%
Book Value Per Share per share25.88+19.0%24.67+18.8%23.52+19.5%22.69+16.9%21.74+15.6%20.76+15.5%19.68+15.2%19.41+18.2%
Tangible Book Value Per Share per share9.08-5.2%7.92-7.8%6.78-10.4%6.23-25.2%9.58+21.7%8.59+22.5%7.57+25.1%8.33+58.1%
Full-Time Employees people---5,800+23.4%---4,700+4.4%
Price to Book Ratio ratio4.455.464.775.005.735.413.794.91
Return on Assets %13.5213.1012.4911.8612.8412.2911.9512.78
Return on Equity %20.4720.6120.5319.2019.0818.7718.7819.77
Return on Invested Capital %3.944.353.513.094.414.633.113.54
Quick Ratio ratio1.351.211.291.351.251.251.091.29
Current Ratio ratio2.972.742.843.022.612.602.392.66

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income79.60+16.9%86.10+20.6%70.40+52.1%60.80+21.6%68.10+26.3%71.40+17.4%46.30-10.3%50.00+7.8%
Depreciation25.30+24.6%24.60+23.6%23.80+27.3%21.60+22.7%20.30+23.0%19.90+25.9%18.70+21.4%17.60+15.0%
Other Funds (Non Cash)4.10+13.9%5.600.0%-0.60-125.0%10.30+186.1%3.60+12.5%5.60+43.6%2.40-36.8%3.60+800.0%
Funds from Operations107.30+6.6%120.00+24.5%95.90+40.8%97.70+35.5%100.70+33.7%96.40+17.6%68.10-4.9%72.10+20.6%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-15.90-7.105.40-0.50-102.7%-39.60-36.70-31.4018.50-57.6%
Cash from Operating Activities91.40+49.6%112.90+89.1%101.30+176.0%97.20+7.3%61.10-11.2%59.70+47.0%36.70+17.3%90.60-12.4%
Capital Expenditures-11.40-11.90-6.70-7.70-7.00-7.30-5.60-8.50
Net Assets From Acquisitions-22.300.00-44.90-418.900.000.00-82.10-39.70-39800.0%
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.00
Purchase or Sale of Investments0.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.000.000.00
Other Sources0.601.40+100.0%0.000.00-100.0%0.00-100.0%0.70+75.0%0.00-100.0%0.10-87.5%
Cash from Investing Activities-33.10-10.50-51.60-426.60-7.00-6.60-87.70-48.10
Cash Dividends Paid-9.20-9.10-9.20-8.50-8.50-8.50-8.60-7.30
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-4.20-1500.0%0.300.102.300.30-20.10-4120.0%-18.50-2742.9%-1.80-550.0%
Repurchase of Common Pref Stock-5.00-0.100.000.000.00-21.20-18.50-2.20
Sale of Common Pref Stock0.80+166.7%0.40-63.6%0.102.30+475.0%0.300.0%1.10+120.0%0.00-100.0%0.40-75.0%
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-33.60-97.00-12.80-119.9%347.30-55.40-10.8064.20-14.40
Change in Long Term Debt-33.60-97.00-12.80-119.9%347.30-55.40-10.8064.20-14.40
Issuance of Long Term Debt0.000.000.00-100.0%464.50-53.90-9.2064.200.00
Reduction of Long Term Debt-33.60-97.00-12.80-117.20-1.50-1.600.00-14.40
Net Financing Active Other Cash Flow-0.30-5.40-19.80-2.20-1.00-7.30-20.20-0.30
Other Financing Activities Uses-0.30-5.40-19.80-2.20-1.00-7.30-20.20-0.30
Cash from Financing Activities-47.30-111.20-41.70-346.7%338.90-64.60-46.7016.90-23.80
Exchange Rate Effect-0.10-150.0%0.20-75.0%-0.30-160.0%-0.200.20-75.0%0.800.50-1.30-200.0%
Net Change in Cash10.90-8.60-219.4%7.709.30-46.6%-10.30-141.0%7.20-33.6017.40-13.0%
Free Cash Flow80.00+47.9%101.00+92.7%94.60+204.2%89.50+9.0%54.10-11.2%52.40+111.3%31.10+35.8%82.10-13.1%
Price to Free Cash Flow ratio20.7026.0025.9934.6039.1133.4927.0135.43

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Industrial signaling equipment69.4070.30+1.3%3.2%
Other49.4064.00+29.6%2.9%
Parts232.20265.80+14.5%12.2%
Public safety and security equipment192.60222.90+15.7%10.2%
Rental income61.7072.90+18.2%3.3%
Vehicles and equipment1,213.801,434.80+18.2%65.8%
Warning systems42.4049.80+17.5%2.3%
Total1,861.502,180.50+17.1%100.0%
Region
Name20242025vs 20242025 share
Canada257.40297.60+15.6%13.6%
Europe/Other135.00170.60+26.4%7.8%
United States1,469.101,712.30+16.6%78.5%
Total1,861.502,180.50+17.1%100.0%
Segment
Name20242025vs 20242025 share
Environmental Solutions1,557.101,837.50+18.0%84.3%
Safety And Security Systems304.40343.00+12.7%15.7%
Total1,861.502,180.50+17.1%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-307.09%4.2M59.5M437.69K
2026-10-156.99%4.2M59.5M426.37K
2026-09-306.36%3.8M59.5M453.85K
2026-09-156.51%3.9M59.5M496.73K
2026-08-316.82%4.1M59.5M514.06K
2026-08-147.12%4.2M59.5M529.86K
2026-07-316.92%4.1M59.5M532.53K
2026-07-157.24%4.3M59.5M542.81K
2026-06-307.04%4.2M59.5M506.98K
2026-06-156.62%3.9M59.4M471.69K
2026-05-296.28%3.7M59.5M484.21K
2026-05-156.23%3.7M59.5M493.06K
2026-04-305.88%3.5M59.5M485.90K
2026-04-155.53%3.3M59.4M468.29K
2026-03-315.13%3.0M59.4M450.00K
2026-03-135.77%3.4M59.4M432.81K
2026-02-275.31%3.2M59.4M464.36K
2026-02-135.60%3.3M59.3M443.18K
2026-01-305.43%3.2M59.3M465.56K
2026-01-155.57%3.3M59.3M489.97K

Option chain

Expiry 2026-11-20 · underlying 115.06, quoted 12 Nov 15:59 ET · ATM 115

Option quotes 12 Nov 09:31 ET. A date on a row is older than the last session (12 Nov). 55 rows.

Implied move 4.98% into expiry (call 3.375 + put 2.350 = 5.725 on 115.06)

Put/call open interest 0.95 (467 puts / 493 calls) · Put/call volume 0.00 (0 puts / 1 calls)

IV change is points against the prior close.

TypeStrikeMoneyBidAskLastChgIVOpen intVolumeLast sizeDeltaThetaVega
call 9 Apr55.00ITM59.6062.2060.650.00400.3% -2.70000.939-0.5270.020
put 1 JanOTM0.003.400.000.00402.9% 0.0000-0.061-0.5220.020
call 1 Jan60.00ITM54.3057.200.000.00360.5% -2.70000.932-0.5170.022
put 1 JanOTM0.003.400.000.00363.1% 0.0000-0.068-0.5120.022
call 1 Jan65.00ITM49.3052.200.000.00323.9% -2.70000.924-0.5060.024
put 1 JanOTM0.003.400.000.00320.1% 0.0000-0.073-0.4770.023
call 1 Jan70.00ITM44.3047.200.000.00289.9% -2.60000.915-0.4930.026
put 1 JanOTM0.002.600.000.00292.4% 0.0000-0.085-0.4860.026
call 24 Jun75.00ITM39.8042.2048.870.00258.0% -2.60000.905-0.4780.028
put 1 JanOTM0.002.600.000.00260.6% 0.0000-0.095-0.4710.028
call 1 Jan80.00ITM34.7037.200.000.00228.0% -2.50000.894-0.4610.031
put 24 MarOTM0.002.352.000.00225.5% 0.0600-0.103-0.4320.030
call 16 Apr85.00ITM29.3032.2030.160.00199.3% -2.40000.880-0.4410.034
put 30 OctOTM0.002.350.100.00197.2% 0.01100-0.116-0.4130.033
call 11 Jun90.00ITM24.4027.2026.240.00171.8% -2.30000.862-0.4180.037
put 29 OctOTM0.002.351.220.00174.1% 0.09500-0.137-0.4100.037
call 29 Apr95.00ITM19.5022.2032.400.00145.1% -2.22000.841-0.3910.041
put 3 NovOTM0.002.600.500.00147.3% 0.05400-0.159-0.3820.041
call 30 Sep100ITM14.7016.5014.300.00100.0% -21.030000.811-0.3580.046
put 3 NovOTM0.002.600.370.00120.9% 0.01500-0.189-0.3490.046
call 30 Jul105ITM9.8012.3023.000.0092.5% -1.843000.769-0.3160.051
put 5 NovOTM0.002.301.000.0094.4% +0.11200-0.231-0.3060.051
call 2 Nov110ITM5.108.009.300.0076.3% -11.210000.663-0.3500.062
put 10 NovOTM0.004.000.750.0091.5% +4.14400-0.338-0.3390.062
call 2 Nov115ATM2.554.205.500.0061.4% +1.932000.523-0.2600.067
put 5 NovATM0.903.805.000.0057.4% -2.25400-0.478-0.2490.067
call120OTM0.052.351.20-3.7063.4% +5.823110.327-0.2270.061
put 22 JunITM4.806.0011.840.0042.7% -14.9200-0.674-0.2150.061
call 21 Oct125OTM0.002.652.450.0086.4% +1.8316000.273-0.3050.056
put 17 JulITM7.9010.9015.000.0061.4% -23.116600-0.726-0.2930.056
call 2 Nov130OTM0.002.600.600.00106.1% 0.017000.240-0.3570.052
put 26 JunITM12.9015.5013.280.0067.0% -39.1800-0.760-0.3450.052
call 30 Oct135OTM0.002.551.750.00123.7% 0.07000.215-0.3910.049
put 1 JanITM17.9020.800.000.0090.6% -33.1000-0.785-0.3780.049
call 29 Oct140OTM0.003.400.040.00132.2% 0.03000.180-0.3750.044
put 1 JanITM22.9025.400.000.0090.9% -49.0000-0.803-0.4050.047
call 3 Nov145OTM0.003.700.050.00154.9% 0.00000.183-0.4430.045
put 1 JanITM27.9030.400.000.00103.1% -51.8000-0.817-0.4290.045
call 30 Jul150OTM0.002.352.940.00168.8% 0.02000.172-0.4640.043
put 1 JanITM32.9035.500.000.00118.9% -50.0000-0.828-0.4490.043
call 29 Jun155OTM0.003.402.650.00181.9% 0.03000.163-0.4830.041
put 1 JanITM37.9040.800.000.00141.8% -40.2000-0.837-0.4680.041
call 27 Apr160OTM0.002.551.650.00194.3% 0.02000.155-0.5000.040
put 1 JanITM42.9045.700.000.00149.0% -45.4000-0.845-0.4840.040
call 24 Apr165OTM0.003.401.550.00206.1% 0.01000.149-0.5150.039
put 1 JanITM47.9050.500.000.00150.6% -55.5000-0.851-0.4990.039
call 1 May170OTM0.003.401.500.00217.1% 0.02000.143-0.5290.038
put 1 JanITM52.9055.500.000.00160.2% -57.1000-0.857-0.5120.038
call 1 Jan175OTM0.003.400.000.00222.4% 0.00000.131-0.5090.036
put 1 JanITM57.9060.500.000.00169.4% -58.5000-0.862-0.5250.037
call 1 Jan180OTM0.003.400.000.00232.5% 0.00000.127-0.5210.035
put 1 JanITM62.9065.400.000.00172.9% -65.2000-0.866-0.5360.036
call 1 Jan185OTM0.003.400.000.00242.1% 0.00000.123-0.5310.034
put 1 JanITM67.9070.500.000.00186.9% -61.0000-0.870-0.5470.036
call 1 Jan190OTM0.003.700.000.00257.1% 0.00000.127-0.5770.035
put 1 JanITM72.9075.800.000.00209.8% -47.5000-0.873-0.5570.035

Latest SEC filings

30 of 635
AllAll annual, quarterly, and current reportsInsider equity awards, transactions, and ownership (Section 16 Reports)Beneficial ownership reportsExempt offeringsRegistration statements and prospectusesFiling review correspondenceSEC orders and noticesProxy materialsTender offers and going private transactionsTrust indenture filings

10-Q filed 2026-10-29, period ended 2026-09-30. 10-K filed 2026-02-25, period ended 2025-12-31. FSS on EDGAR

page 1 of 22Next →
FiledFormDescriptionPeriodDocument
2026-10-2910-QAll annual, quarterly, and current reports2026-09-300001628280-26-068175 index
2026-09-284Insider equity awards, transactions, and ownership (Section 16 Reports)2026-09-25 · transaction0001628280-26-063736 index
2026-09-284Insider equity awards, transactions, and ownership (Section 16 Reports)2026-09-25 · transaction0001628280-26-063732 index
2026-08-064Insider equity awards, transactions, and ownership (Section 16 Reports)2026-08-04 · transaction0001628280-26-054191 index
2026-08-054Insider equity awards, transactions, and ownership (Section 16 Reports)2026-08-03 · transaction0001628280-26-053640 index
2026-08-04144no categoryno report period0001164840-26-000002 index
2026-08-03144no categoryno report period0001923233-26-000003 index
2026-07-3010-QAll annual, quarterly, and current reports2026-06-300001628280-26-050993 index
2026-06-294Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-26 · transaction0001628280-26-045921 index
2026-06-294Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-26 · transaction0001628280-26-045918 index
2026-06-1811-KAll annual, quarterly, and current reports2025-12-310001628280-26-044358 index
2026-05-29SDAll annual, quarterly, and current reportsno report period0001628280-26-039074 index
2026-05-208-KAll annual, quarterly, and current reports2026-05-200001628280-26-036817 index
2026-05-054Insider equity awards, transactions, and ownership (Section 16 Reports)2026-05-01 · transaction0001628280-26-030713 index
2026-05-054Insider equity awards, transactions, and ownership (Section 16 Reports)2026-05-04 · transaction0001628280-26-030704 index
2026-05-054Insider equity awards, transactions, and ownership (Section 16 Reports)2026-05-04 · transaction0001628280-26-030703 index
2026-05-054Insider equity awards, transactions, and ownership (Section 16 Reports)2026-05-04 · transaction0001628280-26-030700 index
2026-04-29SCHEDULE 13GBeneficial ownership reportsno report period0002100121-26-000309 index
2026-04-29SCHEDULE 13GBeneficial ownership reportsno report period0002100119-26-000490 index
2026-04-2910-QAll annual, quarterly, and current reports2026-03-310001628280-26-028312 index
2026-04-234Insider equity awards, transactions, and ownership (Section 16 Reports)2026-04-21 · transaction0001628280-26-026782 index
2026-04-234Insider equity awards, transactions, and ownership (Section 16 Reports)2026-04-21 · transaction0001628280-26-026779 index
2026-04-234Insider equity awards, transactions, and ownership (Section 16 Reports)2026-04-21 · transaction0001628280-26-026772 index
2026-04-234Insider equity awards, transactions, and ownership (Section 16 Reports)2026-04-21 · transaction0001628280-26-026769 index
2026-04-234Insider equity awards, transactions, and ownership (Section 16 Reports)2026-04-21 · transaction0001628280-26-026767 index
2026-04-234Insider equity awards, transactions, and ownership (Section 16 Reports)2026-04-21 · transaction0001628280-26-026765 index
2026-04-234Insider equity awards, transactions, and ownership (Section 16 Reports)2026-04-21 · transaction0001628280-26-026763 index
2026-04-228-KAll annual, quarterly, and current reports2026-04-210001628280-26-026450 index
2026-03-304Insider equity awards, transactions, and ownership (Section 16 Reports)2026-03-27 · transaction0001628280-26-022105 index
2026-03-304Insider equity awards, transactions, and ownership (Section 16 Reports)2026-03-27 · transaction0001628280-26-022095 index

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-08003.30M3
2026-070000
2026-060000
2026-050000
2026-040000
2026-03221.53K100
2026-020000
2026-010000
2025-120000
2025-11005.71M1

Institutional holders

Manager% owned
BlackRock, Inc.15.77%
VANGUARD PORTFOLIO MANAGEMENT LLC5.73%
VANGUARD CAPITAL MANAGEMENT LLC4.34%
Capital World Investors4.02%
STATE STREET CORP4.00%
FMR LLC3.29%
GEODE CAPITAL MANAGEMENT, LLC2.84%
Neuberger Berman Group LLC2.36%
WASATCH ADVISORS LP2.13%
DIMENSIONAL FUND ADVISORS LP2.06%

Funds

Fund% owned
iShares Core S&P Small-Cap ETF6.02%
SMALLCAP World Fund Inc3.87%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.02%
iShares Russell 2000 ETF2.57%
VANGUARD SMALL-CAP INDEX FUND2.18%
First Trust RBA American Industrial Renaissance ETF1.57%
VANGUARD SMALL-CAP GROWTH INDEX FUND1.26%
VANGUARD EXTENDED MARKET INDEX FUND1.15%
Nomura Small Cap Core Fund1.10%
Fidelity Small Cap Index Fund1.09%

OakChart. FSS. Cached 15 minutes. Terms