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Federal Signal (Federal Signal) Net Income : $157 Mil (TTM As of Dec. 2023)


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What is Federal Signal Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Federal Signal's Net Income for the three months ended in Dec. 2023 was $46 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $157 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Federal Signal's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.75.


Federal Signal Net Income Historical Data

The historical data trend for Federal Signal's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Federal Signal Net Income Chart

Federal Signal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.50 96.20 100.60 120.40 157.40

Federal Signal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.60 27.40 40.30 43.30 46.40

Federal Signal Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Federal Signal's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=203+-45.6+0+0
=157

Federal Signal's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=58.5+-12.1+0+0
=46

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $157 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Federal Signal  (NYSE:FSS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Federal Signal's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Federal Signal Net Income Related Terms

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Federal Signal (Federal Signal) Business Description

Traded in Other Exchanges
Address
1415 West 22nd Street, Suite 1100, Oak Brook, IL, USA, 60523
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance waterblasting equipment, dump truck bodies and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.
Executives
Mark Weber officer: President-Envir. Products Grp. 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Felix Boeschen officer: VP Strategy/Investor Relations 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Dennis J Martin director 505 WEST FRANKLIN AVENUE, NAPERVILLE IL 60540
Lauren B Elting officer: VP & Corporate Controller 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Ian A. Hudson officer: V.P. & Corporate Controller 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Diane Bonina officer: VP, Gen'l Counsel & Secretary 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Shashank Patel director 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Svetlana Vinokur officer: VP, Treasurer & Corp. Develop. 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Jennifer L Sherman officer: VP, General Counsel & Sec. 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
William F Owens director C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
John L Workman director C/O HEALTHSOUTH CORPORATION, ONE HEALTHSOUTH PARKWAY, BIRMINGHAM AL 35243
Richard R Mudge director 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Lowe Eugene Joseph Iii director 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Patrick E. Miller director C/O COMMERICAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Samuel Miceli officer: Sr. VP - Env. Solutions. Group 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523