Federal Signal Corporation (FSS)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	521,800	507,000	488,100	465,200	448,600	427,400	392,500	365,000	344,900	315,700	303,800	295,600	288,700	297,200	298,900	287,600	293,600	299,200	308,600	327,300
Revenue (ttm)	US$ in thousands	1,861,500	1,837,900	1,810,100	1,762,100	1,722,700	1,665,800	1,565,800	1,490,100	1,434,800	1,344,700	1,296,600	1,264,600	1,213,200	1,206,600	1,188,100	1,123,500	1,130,800	1,150,400	1,179,400	1,233,600
Gross profit margin		28.03%	27.59%	26.97%	26.40%	26.04%	25.66%	25.07%	24.50%	24.04%	23.48%	23.43%	23.37%	23.80%	24.63%	25.16%	25.60%	25.96%	26.01%	26.17%	26.53%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $521,800K ÷ $1,861,500K
= 28.03%

Federal Signal Corporation has shown a fluctuating trend in its gross profit margin over the analyzed period. The gross profit margin started at 26.53% as of March 31, 2020, and gradually decreased to a low of 23.37% by March 31, 2022. However, the company began to regain its gross profit margin from that point onwards, with an upward trajectory observed through the end of December 31, 2024, where it reached 28.03%.

The fluctuation in Federal Signal Corporation's gross profit margin indicates changes in its ability to generate profit from its core operations. It is essential to delve deeper into the company's financial activities and operational efficiency to understand the reasons behind these variations in the gross profit margin. Continued monitoring and analysis of this metric will be crucial to assess the company's profitability and financial performance in the future.