Federal Signal (STU:FSG) Debt-to-Equity: 0.32 (As of Jun. 2026) — 20% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:FSG Federal Signal Corp STU:FSG
99 GF Score
Price €107.00
GF Value €106.46
Valuation Fairly Valued
! 1 Warning Sign
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What is Federal Signal Debt-to-Equity?

Federal Signal STU:FSG +0.94% 99 Debt-to-Equity is 0.32 as of Jun. 2026, which is 20% below its 10-year median of 0.40. GuruFocus rates STU:FSG with a GF Score™ of 99/100 and a GF Value™ of €106.46 (Fairly Valued). The stock has 1 warning sign investors should review. Among 185 Farm & Heavy Construction Machinery companies, Federal Signal ranks better than 55.14% on this metric.

Federal Signal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €12 Mil. Federal Signal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €410 Mil. Federal Signal's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €1,309 Mil. Federal Signal's debt to equity for the quarter that ended in Jun. 2026 was 0.32.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Federal Signal's Debt-to-Equity or its related term are showing as below:

STU:FSG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.4   Max: 0.7
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Federal Signal was 0.70. The lowest was 0.16. And the median was 0.40.

STU:FSG's Debt-to-Equity is ranked better than
55.14% of 185 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.36 vs STU:FSG: 0.32

Federal Signal  (STU:FSG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Federal Signal Debt-to-Equity Related Terms


Federal Signal Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Federal Signal's Debt-to-Equity 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.

Federal Signal Debt-to-Equity Chart

Federal Signal Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.45 0.32 0.21 0.43

Federal Signal Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 0.24 0.18 0.43 0.41 0.32

STU:FSG vs TEX, AGCO, OSK: Debt-to-Equity Comparison

For the Farm & Heavy Construction Machinery subindustry, Federal Signal's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Federal Signal Debt-to-Equity vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Federal Signal's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Federal Signal's Debt-to-Equity falls into.


STU:FSG
99GF Score
Federal Signal Corp STU:FSG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Federal Signal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Federal Signal's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Federal Signal's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.32 mean?
Federal Signal (STU:FSG) has a Debt-to-Equity of 0.32 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Federal Signal and its competitors. This is 20% below median its historical median of 0.40. Over the past decade, Federal Signal's Debt-to-Equity has ranged from 0.16 to 0.70. According to the industry distribution chart, Federal Signal ranks #83 out of 185 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 44.9%.
Is Federal Signal's Debt-to-Equity too high?
Federal Signal's current Debt-to-Equity of 0.32 is 20% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.70. The Farm & Heavy Construction Machinery industry median Debt-to-Equity is 0.36. Federal Signal's value of 0.32 is 11.1% below this industry median. Based on the distribution chart, Federal Signal ranks #83 out of 185 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Federal Signal has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal Signal's Debt-to-Equity compare to TEX and AGCO?
According to the Farm & Heavy Construction Machinery industry distribution chart, Federal Signal ranks #83 out of 185 companies for Debt-to-Equity. This puts Federal Signal in the upper half of its industry. The industry median Debt-to-Equity is 0.36. Federal Signal's value of 0.32 is 11.1% below this benchmark. Historically, Federal Signal's own Debt-to-Equity has ranged from 0.16 to 0.70 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.36, Federal Signal has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Farm & Heavy Construction Machinery company?
The median Debt-to-Equity among Farm & Heavy Construction Machinery companies is 0.36, based on 185 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Federal Signal's current Debt-to-Equity of 0.32 is 11.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Federal Signal and its competitors. For the Farm & Heavy Construction Machinery industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Signal's current Debt-to-Equity is 0.32, which is 20% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Signal stock overvalued right now?
Based on GuruFocus' analysis, Federal Signal (STU:FSG) is currently considered Fairly Valued. The stock's GF Value™ is €106.46, compared to a current price of €107.00 — trading 0.5% above its estimated fair value. The current Debt-to-Equity is 0.32, which is 20% below median its 10-year median of 0.40 and 11.1% below the Farm & Heavy Construction Machinery industry median of 0.36. Federal Signal's overall GF Score™ is 99/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Federal Signal (STU:FSG), the current Debt-to-Equity is 0.32 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Federal Signal (STU:FSG) Overvalued in 2026?

Based on GuruFocus' analysis, Federal Signal stock appears to be overvalued. The current stock price of €107.00 is trading 0.5% above its estimated GF Value™ of €106.46. GuruFocus considers Federal Signal to be Fairly Valued.

Key valuation signals for STU:FSG:

  • Debt-to-Equity: 0.32 (20% below median its 10-year median of 0.40)
  • GF Value™: €106.46 vs. price of €107.00 (0.5% above fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 11.1% below the Farm & Heavy Construction Machinery median (#83 of 185)

No single metric tells the full story. See the STU:FSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Federal Signal Business Description

Other Exchanges FSS:USAFSG:Germany
Address 1333 Butterfield Road, Downers Grove, IL, USA, 60515
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates through two segments. The Environmental Solutions Group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies, and trailers. The Safety and Security Systems Group manufactures and supplies comprehensive systems and products used by law enforcement, fire rescue, and industrial sites to protect people and property. Its offerings include systems for community alerting and industrial communications. The company generates the majority of its revenue from the Environmental Solutions Group segment.
99GF Score

Get the complete analysis for STU:FSG

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€107.00
Price
€106.46
GF Value