vs

Side-by-side financial comparison of CoreCivic, Inc. (CXW) and FEDERAL SIGNAL CORP (FSS). Click either name above to swap in a different company.

CoreCivic, Inc. is the larger business by last-quarter revenue ($604.0M vs $597.1M, roughly 1.0× FEDERAL SIGNAL CORP). FEDERAL SIGNAL CORP runs the higher net margin — 10.2% vs 4.4%, a 5.8% gap on every dollar of revenue. On growth, FEDERAL SIGNAL CORP posted the faster year-over-year revenue change (26.5% vs 26.0%). FEDERAL SIGNAL CORP produced more free cash flow last quarter ($89.5M vs $-45.1M). Over the past eight quarters, FEDERAL SIGNAL CORP's revenue compounded faster (18.5% CAGR vs 9.8%).

CoreCivic, Inc. is an American private prison operator and one of the largest for-profit prison, jail and detention contractors in the United States. It has been the target of divestment campaigns, FBI investigations and lawsuits alleging civil rights violations and forced labor at some of its owned or operated 70 state and federal correctional and detention facilities in the U.S.

The Federal Signal Company was an American manufacturer of railway signaling equipment in the early 20th century. It was located in Albany, New York.

CXW vs FSS — Head-to-Head

Bigger by revenue
CXW
CXW
1.0× larger
CXW
$604.0M
$597.1M
FSS
Growing faster (revenue YoY)
FSS
FSS
+0.5% gap
FSS
26.5%
26.0%
CXW
Higher net margin
FSS
FSS
5.8% more per $
FSS
10.2%
4.4%
CXW
More free cash flow
FSS
FSS
$134.6M more FCF
FSS
$89.5M
$-45.1M
CXW
Faster 2-yr revenue CAGR
FSS
FSS
Annualised
FSS
18.5%
9.8%
CXW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CXW
CXW
FSS
FSS
Revenue
$604.0M
$597.1M
Net Profit
$26.5M
$60.8M
Gross Margin
28.4%
Operating Margin
6.0%
14.0%
Net Margin
4.4%
10.2%
Revenue YoY
26.0%
26.5%
Net Profit YoY
37.7%
21.6%
EPS (diluted)
$0.26
$0.99

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CXW
CXW
FSS
FSS
Q4 25
$604.0M
$597.1M
Q3 25
$580.4M
$555.0M
Q2 25
$538.2M
$564.6M
Q1 25
$488.6M
$463.8M
Q4 24
$479.3M
$472.0M
Q3 24
$491.6M
$474.2M
Q2 24
$490.1M
$490.4M
Q1 24
$500.7M
$424.9M
Net Profit
CXW
CXW
FSS
FSS
Q4 25
$26.5M
$60.8M
Q3 25
$26.3M
$68.1M
Q2 25
$38.5M
$71.4M
Q1 25
$25.1M
$46.3M
Q4 24
$19.3M
$50.0M
Q3 24
$21.1M
$53.9M
Q2 24
$19.0M
$60.8M
Q1 24
$9.5M
$51.6M
Gross Margin
CXW
CXW
FSS
FSS
Q4 25
28.4%
Q3 25
29.1%
Q2 25
30.0%
Q1 25
28.2%
Q4 24
28.1%
Q3 24
29.6%
Q2 24
29.4%
Q1 24
27.3%
Operating Margin
CXW
CXW
FSS
FSS
Q4 25
6.0%
14.0%
Q3 25
6.3%
16.9%
Q2 25
9.7%
17.3%
Q1 25
6.6%
14.2%
Q4 24
5.2%
14.9%
Q3 24
6.1%
16.0%
Q2 24
5.6%
16.5%
Q1 24
1.8%
12.8%
Net Margin
CXW
CXW
FSS
FSS
Q4 25
4.4%
10.2%
Q3 25
4.5%
12.3%
Q2 25
7.2%
12.6%
Q1 25
5.1%
10.0%
Q4 24
4.0%
10.6%
Q3 24
4.3%
11.4%
Q2 24
3.9%
12.4%
Q1 24
1.9%
12.1%
EPS (diluted)
CXW
CXW
FSS
FSS
Q4 25
$0.26
$0.99
Q3 25
$0.24
$1.11
Q2 25
$0.35
$1.16
Q1 25
$0.23
$0.75
Q4 24
$0.18
$0.80
Q3 24
$0.19
$0.87
Q2 24
$0.17
$0.99
Q1 24
$0.08
$0.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CXW
CXW
FSS
FSS
Cash + ST InvestmentsLiquidity on hand
$97.9M
$63.7M
Total DebtLower is stronger
$564.6M
Stockholders' EquityBook value
$1.4B
$1.4B
Total Assets
$3.3B
$2.4B
Debt / EquityLower = less leverage
0.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CXW
CXW
FSS
FSS
Q4 25
$97.9M
$63.7M
Q3 25
$56.6M
$54.4M
Q2 25
$130.5M
$64.7M
Q1 25
$74.5M
$57.5M
Q4 24
$107.5M
$91.1M
Q3 24
$107.8M
$73.7M
Q2 24
$60.2M
$48.6M
Q1 24
$111.4M
$48.9M
Total Debt
CXW
CXW
FSS
FSS
Q4 25
$564.6M
Q3 25
$201.2M
Q2 25
$258.3M
Q1 25
$266.9M
Q4 24
$204.4M
Q3 24
$223.3M
Q2 24
$248.8M
Q1 24
$266.8M
Stockholders' Equity
CXW
CXW
FSS
FSS
Q4 25
$1.4B
$1.4B
Q3 25
$1.5B
$1.3B
Q2 25
$1.5B
$1.3B
Q1 25
$1.5B
$1.2B
Q4 24
$1.5B
$1.2B
Q3 24
$1.5B
$1.1B
Q2 24
$1.4B
$1.1B
Q1 24
$1.4B
$1.0B
Total Assets
CXW
CXW
FSS
FSS
Q4 25
$3.3B
$2.4B
Q3 25
$3.1B
$1.9B
Q2 25
$3.1B
$1.9B
Q1 25
$3.0B
$1.9B
Q4 24
$2.9B
$1.8B
Q3 24
$2.9B
$1.7B
Q2 24
$2.9B
$1.7B
Q1 24
$3.0B
$1.7B
Debt / Equity
CXW
CXW
FSS
FSS
Q4 25
0.41×
Q3 25
0.15×
Q2 25
0.20×
Q1 25
0.22×
Q4 24
0.17×
Q3 24
0.19×
Q2 24
0.23×
Q1 24
0.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CXW
CXW
FSS
FSS
Operating Cash FlowLast quarter
$-376.0K
$97.2M
Free Cash FlowOCF − Capex
$-45.1M
$89.5M
FCF MarginFCF / Revenue
-7.5%
15.0%
Capex IntensityCapex / Revenue
7.4%
1.3%
Cash ConversionOCF / Net Profit
-0.01×
1.60×
TTM Free Cash FlowTrailing 4 quarters
$52.8M
$227.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CXW
CXW
FSS
FSS
Q4 25
$-376.0K
$97.2M
Q3 25
$53.8M
$61.1M
Q2 25
$96.7M
$59.7M
Q1 25
$44.5M
$36.7M
Q4 24
$39.3M
$90.6M
Q3 24
$91.5M
$68.8M
Q2 24
$68.1M
$40.6M
Q1 24
$70.4M
$31.3M
Free Cash Flow
CXW
CXW
FSS
FSS
Q4 25
$-45.1M
$89.5M
Q3 25
$16.1M
$54.1M
Q2 25
$61.9M
$52.4M
Q1 25
$20.0M
$31.1M
Q4 24
$16.0M
$82.1M
Q3 24
$73.7M
$60.9M
Q2 24
$49.3M
$24.8M
Q1 24
$59.7M
$22.9M
FCF Margin
CXW
CXW
FSS
FSS
Q4 25
-7.5%
15.0%
Q3 25
2.8%
9.7%
Q2 25
11.5%
9.3%
Q1 25
4.1%
6.7%
Q4 24
3.3%
17.4%
Q3 24
15.0%
12.8%
Q2 24
10.1%
5.1%
Q1 24
11.9%
5.4%
Capex Intensity
CXW
CXW
FSS
FSS
Q4 25
7.4%
1.3%
Q3 25
6.5%
1.3%
Q2 25
6.5%
1.3%
Q1 25
5.0%
1.2%
Q4 24
4.9%
1.8%
Q3 24
3.6%
1.7%
Q2 24
3.8%
3.2%
Q1 24
2.1%
2.0%
Cash Conversion
CXW
CXW
FSS
FSS
Q4 25
-0.01×
1.60×
Q3 25
2.04×
0.90×
Q2 25
2.51×
0.84×
Q1 25
1.77×
0.79×
Q4 24
2.04×
1.81×
Q3 24
4.34×
1.28×
Q2 24
3.59×
0.67×
Q1 24
7.37×
0.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CXW
CXW

Segment breakdown not available.

FSS
FSS

Vehiclesandequipment$403.4M68%
Parts$66.8M11%
Publicsafetyandsecurityequipment$62.2M10%
Rentalincome$19.0M3%
Industrialsignalingequipment$18.2M3%
Other$14.9M2%
Warningsystems$12.6M2%

Related Comparisons