---
title: Investors
---

[![Federal Signal](https://www.federalsignal.com/hs-fs/hubfs/logo-Fedsig-name.png?width=800&height=151&name=logo-Fedsig-name.png "Federal Signal")](https://federalsignal.com)

<https://www.federalsignal.com/../home>

<https://www.federalsignal.com/../home>

[[![](https://www.federalsignal.com/hubfs/logo-Fedsig.svg)](https://www.federalsignal.com/)

![](https://www.federalsignal.com/hubfs/fed-sig-wordmark-tag-1.svg)

](https://www.federalsignal.com/../home)

**

[![CONTACT US](https://no-cache.hubspot.com/cta/default/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0.png)](https://cta-redirect.hubspot.com/cta/redirect/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0)

** **

- [Our Story](https://www.federalsignal.com/our-story) 
    - [Locations](https://www.federalsignal.com/our-story#locations)
    - [Mission & Vision](https://www.federalsignal.com/our-story#mission)
    - [History](https://www.federalsignal.com/our-story#history)
    - [Core Values](https://www.federalsignal.com/our-story#core-values)
- [Our Products](https://www.federalsignal.com/our-products) 
    - [Sewer Cleaning](https://www.federalsignal.com/sewer-cleaning)
    - [Safe Digging](https://www.federalsignal.com/safe-digging)
    - [Street Sweeping](https://www.federalsignal.com/street-sweeping)
    - [Industrial Cleaning](https://www.federalsignal.com/industrial-cleaning)
    - [Materials Hauling](https://www.federalsignal.com/materials-hauling)
    - [Multi-Purpose Tractors](https://www.federalsignal.com/multi-purpose-tractors)
    - [Metal & Mineral Extraction Support](https://www.federalsignal.com/metal-and-mineral-extraction-support)
    - [Road-Marking & Line-Removal](https://www.federalsignal.com/road-marking)
    - [Refuse Collection & Recycling](https://www.federalsignal.com/refuse-collection-and-recycling)
    - [Public Safety & Security](https://www.federalsignal.com/public-safety-and-security)
    - [Industrial Signaling](https://www.federalsignal.com/industrial-signaling)
    - [Warning Systems](https://www.federalsignal.com/warning-systems)
- [Aftermarket](https://www.federalsignal.com/aftermarket)
- [Our People](https://www.federalsignal.com/our-people) 
    - [Leadership](https://www.federalsignal.com/leadership)
    - [Careers](https://recruiting2.ultipro.com/FED1002FSC/JobBoard/d5675b81-d6f5-4226-9f8c-be296cda2308?q=&o=postedDateDesc&w=&wc=&we=&wpst=)
- [Investors](https://www.federalsignal.com/investors) 
    - [Overview](https://www.federalsignal.com/investors)
    - [Annual and Quarterly Reports](https://www.federalsignal.com/annual-quarterly-reports)
    - [Events & Presentations](https://www.federalsignal.com/events-presentations)
    - [Corporate Governance](https://www.federalsignal.com/corporate-governance)
    - [Recent News](https://www.federalsignal.com/recent-news)
    - [Shareholder Services](https://www.federalsignal.com/shareholder-services)
    - [Analyst Coverage](https://www.federalsignal.com/analyst-coverage)
    - [SEC Filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000277509&type=&dateb=&owner=exclude&count=40)
    - [Investor Kit](https://www.federalsignal.com/investor-kit)
- [Sustainability](https://www.federalsignal.com/sustainability)
- [News](https://www.federalsignal.com/fs-news)

- [Sewer Cleaning](https://www.federalsignal.com/sewer-cleaning)
- [Materials Hauling](https://www.federalsignal.com/materials-hauling)
- [Refuse Collection & Recycling](https://www.federalsignal.com/refuse-collection-and-recycling)

- [Safe Digging](https://www.federalsignal.com/safe-digging)
- [Multi-Purpose Tractors](https://www.federalsignal.com/multi-purpose-tractors)
- [Public Safety & Security](https://www.federalsignal.com/public-safety-and-security)

- [Street Sweeping](https://www.federalsignal.com/street-sweeping)
- [Metal & Mineral Extraction Support](https://www.federalsignal.com/metal-and-mineral-extraction-support)
- [Industrial Signaling](https://www.federalsignal.com/industrial-signaling)

- [Industrial Cleaning](https://www.federalsignal.com/industrial-cleaning)
- [Road Marking & Line Removal](https://www.federalsignal.com/road-marking)
- [Warning Systems](https://www.federalsignal.com/warning-systems)

- [Overview](https://www.federalsignal.com/investors)
- [Annual & Quarterly Reports](https://www.federalsignal.com/annual-quarterly-reports)
- [Events & Presentations](https://www.federalsignal.com/events-presentations)

- [Corporate Governance](https://www.federalsignal.com/corporate-governance)
- [Recent News](https://www.federalsignal.com/recent-news)
- [Shareholder Services](https://www.federalsignal.com/shareholder-services)

- [Analyst Coverage](https://www.federalsignal.com/analyst-coverage)
- [SEC Filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000277509&type=&dateb=&owner=exclude&count=40)
- [Investor Kit](https://www.federalsignal.com/investor-kit)

[![Federal Signal](https://www.federalsignal.com/hs-fs/hubfs/logo-Fedsig-name.png?width=800&height=151&name=logo-Fedsig-name.png "Federal Signal")](https://federalsignal.com)

**

[![CONTACT US](https://no-cache.hubspot.com/cta/default/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0.png)](https://cta-redirect.hubspot.com/cta/redirect/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0)

** **

- [Our Story](https://www.federalsignal.com/our-story) 
    - [Locations](https://www.federalsignal.com/our-story#locations)
    - [Mission & Vision](https://www.federalsignal.com/our-story#mission)
    - [History](https://www.federalsignal.com/our-story#history)
    - [Core Values](https://www.federalsignal.com/our-story#core-values)
- [Our Products](https://www.federalsignal.com/our-products) 
    - [Sewer Cleaning](https://www.federalsignal.com/sewer-cleaning)
    - [Safe Digging](https://www.federalsignal.com/safe-digging)
    - [Street Sweeping](https://www.federalsignal.com/street-sweeping)
    - [Industrial Cleaning](https://www.federalsignal.com/industrial-cleaning)
    - [Materials Hauling](https://www.federalsignal.com/materials-hauling)
    - [Multi-Purpose Tractors](https://www.federalsignal.com/multi-purpose-tractors)
    - [Metal & Mineral Extraction Support](https://www.federalsignal.com/metal-and-mineral-extraction-support)
    - [Road-Marking & Line-Removal](https://www.federalsignal.com/road-marking)
    - [Refuse Collection & Recycling](https://www.federalsignal.com/refuse-collection-and-recycling)
    - [Public Safety & Security](https://www.federalsignal.com/public-safety-and-security)
    - [Industrial Signaling](https://www.federalsignal.com/industrial-signaling)
    - [Warning Systems](https://www.federalsignal.com/warning-systems)
- [Aftermarket](https://www.federalsignal.com/aftermarket)
- [Our People](https://www.federalsignal.com/our-people) 
    - [Leadership](https://www.federalsignal.com/leadership)
    - [Careers](https://recruiting2.ultipro.com/FED1002FSC/JobBoard/d5675b81-d6f5-4226-9f8c-be296cda2308?q=&o=postedDateDesc&w=&wc=&we=&wpst=)
- [Investors](https://www.federalsignal.com/investors) 
    - [Overview](https://www.federalsignal.com/investors)
    - [Annual and Quarterly Reports](https://www.federalsignal.com/annual-quarterly-reports)
    - [Events & Presentations](https://www.federalsignal.com/events-presentations)
    - [Corporate Governance](https://www.federalsignal.com/corporate-governance)
    - [Recent News](https://www.federalsignal.com/recent-news)
    - [Shareholder Services](https://www.federalsignal.com/shareholder-services)
    - [Analyst Coverage](https://www.federalsignal.com/analyst-coverage)
    - [SEC Filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000277509&type=&dateb=&owner=exclude&count=40)
    - [Investor Kit](https://www.federalsignal.com/investor-kit)
- [Sustainability](https://www.federalsignal.com/sustainability)
- [News](https://www.federalsignal.com/fs-news)

- [Sewer Cleaning](https://www.federalsignal.com/sewer-cleaning)
- [Materials Hauling](https://www.federalsignal.com/materials-hauling)
- [Refuse Collection & Recycling](https://www.federalsignal.com/refuse-collection-and-recycling)

- [Safe Digging](https://www.federalsignal.com/safe-digging)
- [Multi-Purpose Tractors](https://www.federalsignal.com/multi-purpose-tractors)
- [Public Safety & Security](https://www.federalsignal.com/public-safety-and-security)

- [Street Sweeping](https://www.federalsignal.com/street-sweeping)
- [Metal & Mineral Extraction Support](https://www.federalsignal.com/metal-and-mineral-extraction-support)
- [Industrial Signaling](https://www.federalsignal.com/industrial-signaling)

- [Industrial Cleaning](https://www.federalsignal.com/industrial-cleaning)
- [Road Marking & Line Removal](https://www.federalsignal.com/road-marking)
- [Warning Systems](https://www.federalsignal.com/warning-systems)

- [Overview](https://www.federalsignal.com/investors)
- [Annual & Quarterly Reports](https://www.federalsignal.com/annual-quarterly-reports)
- [Events & Presentations](https://www.federalsignal.com/events-presentations)

- [Corporate Governance](https://www.federalsignal.com/corporate-governance)
- [Recent News](https://www.federalsignal.com/recent-news)
- [Shareholder Services](https://www.federalsignal.com/shareholder-services)

- [Analyst Coverage](https://www.federalsignal.com/analyst-coverage)
- [SEC Filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000277509&type=&dateb=&owner=exclude&count=40)
- [Investor Kit](https://www.federalsignal.com/investor-kit)

Search

**Menu**

** **

#### **[HOME](https://www.federalsignal.com)**

- [Our Story](https://www.federalsignal.com/our-story) 
    - [Locations](https://www.federalsignal.com/our-story#locations)
    - [Mission & Vision](https://www.federalsignal.com/our-story#mission)
    - [History](https://www.federalsignal.com/our-story#history)
    - [Core Values](https://www.federalsignal.com/our-story#core-values)
- [Our Products](https://www.federalsignal.com/our-products) 
    - [Sewer Cleaning](https://www.federalsignal.com/sewer-cleaning)
    - [Safe Digging](https://www.federalsignal.com/safe-digging)
    - [Street Sweeping](https://www.federalsignal.com/street-sweeping)
    - [Industrial Cleaning](https://www.federalsignal.com/industrial-cleaning)
    - [Materials Hauling](https://www.federalsignal.com/materials-hauling)
    - [Multi-Purpose Tractors](https://www.federalsignal.com/multi-purpose-tractors)
    - [Metal & Mineral Extraction Support](https://www.federalsignal.com/metal-and-mineral-extraction-support)
    - [Road-Marking & Line-Removal](https://www.federalsignal.com/road-marking)
    - [Refuse Collection & Recycling](https://www.federalsignal.com/refuse-collection-and-recycling)
    - [Public Safety & Security](https://www.federalsignal.com/public-safety-and-security)
    - [Industrial Signaling](https://www.federalsignal.com/industrial-signaling)
    - [Warning Systems](https://www.federalsignal.com/warning-systems)
- [Aftermarket](https://www.federalsignal.com/aftermarket)
- [Our People](https://www.federalsignal.com/our-people) 
    - [Leadership](https://www.federalsignal.com/leadership)
    - [Careers](https://recruiting2.ultipro.com/FED1002FSC/JobBoard/d5675b81-d6f5-4226-9f8c-be296cda2308?q=&o=postedDateDesc&w=&wc=&we=&wpst=)
- [Investors](https://www.federalsignal.com/investors) 
    - [Overview](https://www.federalsignal.com/investors)
    - [Annual and Quarterly Reports](https://www.federalsignal.com/annual-quarterly-reports)
    - [Events & Presentations](https://www.federalsignal.com/events-presentations)
    - [Corporate Governance](https://www.federalsignal.com/corporate-governance)
    - [Recent News](https://www.federalsignal.com/recent-news)
    - [Shareholder Services](https://www.federalsignal.com/shareholder-services)
    - [Analyst Coverage](https://www.federalsignal.com/analyst-coverage)
    - [SEC Filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000277509&type=&dateb=&owner=exclude&count=40)
    - [Investor Kit](https://www.federalsignal.com/investor-kit)
- [Sustainability](https://www.federalsignal.com/sustainability)
- [News](https://www.federalsignal.com/fs-news)

[![CONTACT US](https://no-cache.hubspot.com/cta/default/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0.png)](https://cta-redirect.hubspot.com/cta/redirect/6860826/f04eedbf-5b92-40a4-9443-0282f7e58ce0)

![GlobalNetworkHomeSlider2](https://www.federalsignal.com/hs-fs/hubfs/GlobalNetworkHomeSlider2.jpg?width=1600&name=GlobalNetworkHomeSlider2.jpg "GlobalNetworkHomeSlider2")

# Investor Relations

## Company Overview

Federal Signal Corporation builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, we are a leading global designer, manufacturer, and supplier of products and total solutions that serve municipal, governmental, industrial, and commercial customers. Headquartered in Downers Grove, IL, with 27 principal manufacturing facilities and approximately 5,800 employees, we operate two groups: Environmental Solutions Group (ESG) and Safety and Security Systems Group (SSG).

###### UPCOMING EARNINGS WEBCAST

Thursday, July 30, 2026  
10:00 AM Eastern Time

[LINK TO rECording ](https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fviavid.webcasts.com%2Fstarthere.jsp%3Fei%3D1769819%26tp_key%3Dc81b311f20&data=05%7C02%7CJCherry%40federalsignal.com%7Cfde65fe191b14762c70308dee6965fbd%7Ca76e6f68d11b4ed58958c89cdfc498d3%7C0%7C0%7C639201731345277681%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=RZW9Bnjvur5jAXDOyiNzovo2xMaleMrmdvVYaGadC3w%3D&reserved=0)

![JenniferS-final](https://www.federalsignal.com/hs-fs/hubfs/JenniferS-final.png?width=904&height=1125&name=JenniferS-final.png "JenniferS-final")

“Our financial framework at Federal Signal aims to create long-term shareholder value. Offering market leading brands of premium, value-adding products and services, we continue to focus on: organic growth, M&A activity with an emphasis on muting cyclicality, growing our aftermarket business, and achieving margin performance above that of many of our peers. With a strong emphasis on operational excellence, customer-focused product innovation, and continuous workforce development, Federal Signal provides an attractive investment option.”

Jennifer Sherman  
*President and Chief Executive Officer*

![finance-bg](https://www.federalsignal.com/hubfs/finance-bg.jpg "finance-bg")

#### 2025 Financial Highlights

# $2.18 Billion

2025 Net Sales  
13% CAGR since 2016

# $439 Million

2025 Adjusted EBITDA1 at a Margin of 20.1%

# $4.23

2025 Adjusted EPS1   
23% CAGR since 2016

# $133 Million

5-Year Free Cash Flow Average2

# 102%

5-Year Cash

Conversion Average3

# 16

Acquisitions Completed Since 2016

# $214 Million

Cash Returns to Stockholders in Last 5 Years4

# 239%

Total Cumulative 5-Year Stockholder Return

[** ](https://www.federalsignal.com/../annual-quarterly-reports)

[Annual & Quarterly Reports](https://www.federalsignal.com/../annual-quarterly-reports)

[** ](https://www.federalsignal.com/../events-presentations)

[Events & Presentations](https://www.federalsignal.com/../events-presentations)

[** ](https://www.federalsignal.com/../corporate-governance)

[Corporate Governance](https://www.federalsignal.com/../corporate-governance)

[** ](https://www.federalsignal.com/../recent-news)

[Recent News](https://www.federalsignal.com/../recent-news)

[** ](https://www.federalsignal.com/../shareholder-services)

[Shareholder Services](https://www.federalsignal.com/../shareholder-services)

[** ](https://www.federalsignal.com/../analyst-coverage)

[Analyst Coverage](https://www.federalsignal.com/../analyst-coverage)

[** ](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000277509&type=&dateb=&owner=exclude&count=40)

[SEC Filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000277509&type=&dateb=&owner=exclude&count=40)

[** ](https://www.federalsignal.com/../investor-kit)

[Investor Kit](https://www.federalsignal.com/../investor-kit)

## Acquisition Timeline

We continue to have ample opportunity for further acquisitions due to a strong financial position, active pipeline, and clear view of what we are looking for in acquisition candidates.

[![Elgin](https://www.federalsignal.com/hs-fs/hubfs/Elgin/logos/Elgin%20Logo%20WHITE-01-1-1.png?width=200&height=58&name=Elgin%20Logo%20WHITE-01-1-1.png "Elgin")](https://www.elginsweeper.com/)

###### 1982

[![FS Vama](https://www.federalsignal.com/hs-fs/hubfs/vactor/logos/FS-VAMA-800.png?width=200&height=33&name=FS-VAMA-800.png "FS Vama")](http://www.fedsigvama.com/)

###### 1992

[![Guzzler Logo WHITE](https://www.federalsignal.com/hs-fs/hubfs/Guzzler%20Logo%20WHITE.png?width=200&height=49&name=Guzzler%20Logo%20WHITE.png "Guzzler Logo WHITE")](https://www.guzzler.com/)

###### 1993

[![Vactor](https://www.federalsignal.com/hs-fs/hubfs/vactor/logos/Vactor-Logo-Wht2.png?width=200&height=46&name=Vactor-Logo-Wht2.png "Vactor")](https://www.vactor.com/)

###### 1994

[![Jetstream](https://www.federalsignal.com/hs-fs/hubfs/vactor/archive/jetstream-logo_0.png?width=192&height=53&name=jetstream-logo_0.png "Jetstream")](http://www.waterblast.com/)

###### 1998

[![Westech](https://www.federalsignal.com/hs-fs/hubfs/westech/images/WestechLogoWhiteNoSub.png?width=200&height=42&name=WestechLogoWhiteNoSub.png "Westech")](https://www.westechvac.com/)

###### 2016

[![Joe Johnson Equipment](https://www.federalsignal.com/hs-fs/hubfs/vactor/logos/jje_logo_white_no_words_0.png?width=150&height=70&name=jje_logo_white_no_words_0.png "Joe Johnson Equipment")](http://www.jjei.com/)

###### 2016

[![Crysteel](https://www.federalsignal.com/hs-fs/hubfs/vactor/logos/crysteel_logo_fs_white_flat-1-1.png?width=200&height=47&name=crysteel_logo_fs_white_flat-1-1.png "Crysteel")](https://www.crysteel.com/)

###### 2017

[![Duraclass](https://www.federalsignal.com/hs-fs/hubfs/vactor/logos/duraclass_logo_fs_white.png?width=200&height=85&name=duraclass_logo_fs_white.png "Duraclass")](https://www.duraclass.com/)

###### 2017

[![Rugby](https://www.federalsignal.com/hs-fs/hubfs/vactor/logos/rugby_logo_fs_white.png?width=200&height=77&name=rugby_logo_fs_white.png "Rugby")](http://www.rugbymfg.com/)

###### 2017

[![Ox Bodies](https://www.federalsignal.com/hs-fs/hubfs/vactor/logos/ox_bodies_fs_white.png?width=200&height=92&name=ox_bodies_fs_white.png "Ox Bodies")](https://www.oxbodies.com/)

###### 2017

[![Travis](https://www.federalsignal.com/hs-fs/hubfs/travis-wht.png?width=160&height=63&name=travis-wht.png "Travis")](https://travistrailers.com/)

###### 2017

[![J-Craft](https://www.federalsignal.com/hs-fs/hubfs/vactor/archive/jcraftlogo_fs_white.png?width=170&height=87&name=jcraftlogo_fs_white.png "J-Craft")](https://www.j-craftinc.com/)

###### 2017

[![Mark Rite Lines](https://www.federalsignal.com/hs-fs/hubfs/MarkRite-wht.png?width=150&height=107&name=MarkRite-wht.png "Mark Rite Lines")](https://www.markritelines.com/)

###### 2019

[![Highmark](https://www.federalsignal.com/hs-fs/hubfs/Highmark-wht.png?width=150&height=140&name=Highmark-wht.png "Highmark")](https://www.markritelines.com/)

###### 2019

[![logo-PWE-800-wht](https://www.federalsignal.com/hs-fs/hubfs/logo-PWE-800-wht.png?width=200&height=64&name=logo-PWE-800-wht.png "logo-PWE-800-wht")](https://jjeusa.com/carolinas/)

###### 2020

[![logo-OSW-200-wht](https://www.federalsignal.com/hs-fs/hubfs/logo-OSW-200-wht.png?width=140&height=98&name=logo-OSW-200-wht.png "logo-OSW-200-wht")](https://oswequipment.com/)

###### 2021

[![Northend Truck Equipment](https://www.federalsignal.com/hs-fs/hubfs/logo-NTE-200-wht.png?width=140&height=98&name=logo-NTE-200-wht.png "Northend Truck Equipment")](https://northendtruck.com/)

###### 2021

[![WTB](https://www.federalsignal.com/hs-fs/hubfs/logo-WTB-200-wht-1.png?width=140&height=98&name=logo-WTB-200-wht-1.png "WTB")](https://www.westerntruckbody.com/)

###### 2021

[![Ground Force Worldwide](https://www.federalsignal.com/hs-fs/hubfs/GrondForce-wht.png?width=200&height=62&name=GrondForce-wht.png "Ground Force Worldwide")](https://gfworldwide.com/)

###### 2021

[![Bucks](https://www.federalsignal.com/hs-fs/hubfs/logo-Bucks-200-wht.png?width=150&height=78&name=logo-Bucks-200-wht.png "Bucks")](https://www.bucksfab.com/)

###### 2021

[![Roll-Off Parts](https://www.federalsignal.com/hs-fs/hubfs/logo-RollOff-200-wht.png?width=150&height=71&name=logo-RollOff-200-wht.png "Roll-Off Parts")](https://roll-offparts.com/)

###### 2021

[![Switch-N-Go](https://www.federalsignal.com/hs-fs/hubfs/logo-Switch-N-Go-200-wht.png?width=200&height=75&name=logo-Switch-N-Go-200-wht.png "Switch-N-Go")](https://switchngo.com/)

###### 2021

[![TowHaul](https://www.federalsignal.com/hs-fs/hubfs/TowHaul_logo_wht.png?width=170&height=105&name=TowHaul_logo_wht.png "TowHaul")](https://towhaul.com/)

###### 2022

[![Blasters Inc Logo](https://www.federalsignal.com/hs-fs/hubfs/Blasters%20transparent%20white%20resize.png?width=150&height=82&name=Blasters%20transparent%20white%20resize.png "Blasters Inc Logo")](https://blasters.net/)

###### 2023

[![Trackless_White](https://www.federalsignal.com/hs-fs/hubfs/Trackless_White.png?width=350&height=105&name=Trackless_White.png "Trackless_White")](https://tracklessvehicles.com/)

###### 2023

[![STANDARD EQUIPMENT White](https://www.federalsignal.com/hs-fs/hubfs/STANDARD%20EQUIPMENT%20White%20LG%20HQ.png?width=350&height=112&name=STANDARD%20EQUIPMENT%20White%20LG%20HQ.png "STANDARD EQUIPMENT White")](https://standardequipment.com/)

###### 2024

[![Hog_Logo_Standard_All_White](https://www.federalsignal.com/hs-fs/hubfs/Hog_Logo_Standard_All_White.png?width=245&height=85&name=Hog_Logo_Standard_All_White.png "Hog_Logo_Standard_All_White")](https://thehog.com/)

###### 2025

[![New Way Logo](https://www.federalsignal.com/hs-fs/hubfs/New%20Way%20Logo.png?width=183&height=75&name=New%20Way%20Logo.png "New Way Logo")](https://newwaytrucks.com)

###### 2025

[![mega_logo_white](https://www.federalsignal.com/hs-fs/hubfs/mega_logo_transparent%20all%20white.png?width=130&height=85&name=mega_logo_transparent%20all%20white.png "mega_logo_white")](https://www.megacorpinc.com/)

###### 2026

###### Footnotes

1. Non-GAAP measures. Please see definitions and reconciliations included in the Company’s filings with the Securities and Exchange Commission or in materials available in the Investor Relations section of this website.
2. Average free cash flow for each of the five years from 2021 to 2025, with free cash flow computed as net cash provided by operating activities less capital expenditures, as reported in the Company’s Annual Report on Form 10-K for the applicable period(s). 
3. Average cash conversion for each of the five years from 2021 to 2025, with cash conversion computed as net cash provided by operating activities divided by net income, as reported in the Company’s Annual Report on Form 10-K for the applicable period(s).
4. Represents the aggregate of cash dividends paid to stockholders and share repurchases in each of the five years from 2021 to 2025, as reported in the Company’s Annual Report on Form 10-K for the applicable period(s).

## Safe Harbor

### “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995

Information on our website may contain unaudited financial info and various forward-looking statements as of the date hereof and we undertake no obligation to update these forward-looking statements regardless of new developments or otherwise. Statements included in information on our website that are not historical are forward-looking statements. Such statements are subject to various risks and uncertainties that could cause actual results to vary materially from those stated. Such risks and uncertainties include but are not limited to: economic and political uncertainty, risks and adverse economic effects associated with geopolitical conflicts, legal and regulatory developments, foreign currency exchange rate changes, inflationary pressures, product and price competition, supply chain disruptions, availability and pricing of raw materials, interest rate changes, risks associated with acquisitions such as integration of operations and achieving anticipated revenue and cost benefits, work stoppages, increases in pension funding requirements, cybersecurity risks, increased legal expenses and litigation results and other risks and uncertainties described in filings with the Securities and Exchange Commission.

**Contact**: Ian Hudson, Chief Financial Officer, +1-630-954-2000,   
[IHudson@federalsignal.com](mailto:IHudson@federalsignal.com)

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