FEDERAL SIGNAL CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $246.6M | $216.3M | $157.4M | $120.4M | $100.6M | $96.2M | $108.5M | $94.0M |
| Depreciation & Amortization | $80.5M | $65.3M | $60.4M | $54.7M | $50.4M | $44.8M | $41.5M | $36.4M |
| Depreciation | $62.1M | $50.3M | $45.2M | $41.8M | $39.5M | $35.2M | $32.7M | $28.4M |
| Amortization | $18.4M | $15.0M | $15.2M | $12.9M | $10.9M | $9.6M | $8.8M | $8.0M |
| Stock-Based Compensation | $15.0M | $15.6M | $13.1M | $10.2M | $7.6M | $8.4M | $8.8M | $7.6M |
| Net Cash from Operating Activities | $254.7M | $231.3M | $194.4M | $71.8M | $101.8M | $136.2M | $103.1M | $92.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $27.6M | $40.6M | $30.3M | $53.0M | $37.4M | $29.7M | $35.4M | $14.1M |
| Business Acquisitions | $501.0M | $39.7M | $55.0M | $49.8M | $131.8M | $5.4M | $49.6M | — |
| Net Cash from Investing Activities | $-527.9M | $-78.9M | $-83.7M | $-99.7M | $-168.7M | $-34.4M | $-84.4M | $-11.0M |
| Financing Activities | ||||||||
| Dividends Paid | $34.1M | $29.3M | $23.8M | $21.8M | $22.0M | $19.4M | $19.3M | $18.7M |
| Stock Repurchases | $39.7M | $6.7M | $5.5M | $16.1M | $15.4M | $13.7M | $1.0M | $1.2M |
| Net Cash from Financing Activities | $244.5M | $-121.0M | $-97.9M | $35.5M | $26.4M | $-53.4M | $-24.6M | $-81.2M |
| Net Change in Cash | $-27.4M | $30.1M | $13.5M | $7.0M | $-41.2M | $50.1M | $-5.8M | $-100.0K |
| Free Cash Flow | $227.1M | $190.7M | $164.1M | $18.8M | $64.4M | $106.5M | $67.7M | $78.7M |