Is it safe?
Can FSS take a bad year?
Federal Signal Corporation carries $480M of net debt at 1.04× EBITDA: a load its earnings can carry.
$480M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.04×
Net debt / EBITDA · 0.61× a year ago · the load is going up
- Altman Z-score
- 7.04
Altman Z-score · safe zone, above 3
- Interest cover
- 20.8×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $552M
- Cash and short-term investments
- $71M
- Net debt
- $480M
- EBITDA, trailing twelve months
- $461M
- Operating profit, trailing twelve months
- $375M
- Debt / equity
- 0.39×
- Total debt / EBITDA
- 1.20×
- Annualised volatilitytwo years of daily moves
- 36%
- Worst drawdown on file
- −33%
- Below its 52-week high
- −8.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Farm & Heavy Construction Machinery
Ranks #2 of 12 by Smart Score