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Side-by-side financial comparison of DIODES INC (DIOD) and FEDERAL SIGNAL CORP (FSS). Click either name above to swap in a different company.

FEDERAL SIGNAL CORP is the larger business by last-quarter revenue ($597.1M vs $391.6M, roughly 1.5× DIODES INC). FEDERAL SIGNAL CORP runs the higher net margin — 10.2% vs 2.6%, a 7.6% gap on every dollar of revenue. On growth, FEDERAL SIGNAL CORP posted the faster year-over-year revenue change (26.5% vs 15.4%). FEDERAL SIGNAL CORP produced more free cash flow last quarter ($89.5M vs $12.4M). Over the past eight quarters, FEDERAL SIGNAL CORP's revenue compounded faster (18.5% CAGR vs 13.9%).

Diodes Incorporated is a global semiconductor manufacturer that designs, produces and supplies discrete, analog and mixed-signal semiconductor products. Its solutions serve key end markets including automotive, industrial, consumer electronics, personal computing and communications infrastructure, with a worldwide customer base.

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

DIOD vs FSS — Head-to-Head

Bigger by revenue
FSS
FSS
1.5× larger
FSS
$597.1M
$391.6M
DIOD
Growing faster (revenue YoY)
FSS
FSS
+11.1% gap
FSS
26.5%
15.4%
DIOD
Higher net margin
FSS
FSS
7.6% more per $
FSS
10.2%
2.6%
DIOD
More free cash flow
FSS
FSS
$77.1M more FCF
FSS
$89.5M
$12.4M
DIOD
Faster 2-yr revenue CAGR
FSS
FSS
Annualised
FSS
18.5%
13.9%
DIOD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DIOD
DIOD
FSS
FSS
Revenue
$391.6M
$597.1M
Net Profit
$10.2M
$60.8M
Gross Margin
31.1%
28.4%
Operating Margin
3.4%
14.0%
Net Margin
2.6%
10.2%
Revenue YoY
15.4%
26.5%
Net Profit YoY
23.8%
21.6%
EPS (diluted)
$0.23
$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
DIOD
DIOD
FSS
FSS
Q4 25
$391.6M
$597.1M
Q3 25
$392.2M
$555.0M
Q2 25
$366.2M
$564.6M
Q1 25
$332.1M
$463.8M
Q4 24
$339.3M
$472.0M
Q3 24
$350.1M
$474.2M
Q2 24
$319.8M
$490.4M
Q1 24
$302.0M
$424.9M
Net Profit
DIOD
DIOD
FSS
FSS
Q4 25
$10.2M
$60.8M
Q3 25
$14.3M
$68.1M
Q2 25
$46.1M
$71.4M
Q1 25
$-4.4M
$46.3M
Q4 24
$8.2M
$50.0M
Q3 24
$13.7M
$53.9M
Q2 24
$8.0M
$60.8M
Q1 24
$14.0M
$51.6M
Gross Margin
DIOD
DIOD
FSS
FSS
Q4 25
31.1%
28.4%
Q3 25
30.7%
29.1%
Q2 25
31.5%
30.0%
Q1 25
31.5%
28.2%
Q4 24
32.7%
28.1%
Q3 24
33.7%
29.6%
Q2 24
33.6%
29.4%
Q1 24
33.0%
27.3%
Operating Margin
DIOD
DIOD
FSS
FSS
Q4 25
3.4%
14.0%
Q3 25
3.0%
16.9%
Q2 25
2.6%
17.3%
Q1 25
0.4%
14.2%
Q4 24
3.5%
14.9%
Q3 24
6.2%
16.0%
Q2 24
1.2%
16.5%
Q1 24
4.3%
12.8%
Net Margin
DIOD
DIOD
FSS
FSS
Q4 25
2.6%
10.2%
Q3 25
3.6%
12.3%
Q2 25
12.6%
12.6%
Q1 25
-1.3%
10.0%
Q4 24
2.4%
10.6%
Q3 24
3.9%
11.4%
Q2 24
2.5%
12.4%
Q1 24
4.6%
12.1%
EPS (diluted)
DIOD
DIOD
FSS
FSS
Q4 25
$0.23
$0.99
Q3 25
$0.31
$1.11
Q2 25
$0.99
$1.16
Q1 25
$-0.10
$0.75
Q4 24
$0.18
$0.80
Q3 24
$0.30
$0.87
Q2 24
$0.17
$0.99
Q1 24
$0.30
$0.84

Balance Sheet & Financial Strength

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

Metric
DIOD
DIOD
FSS
FSS
Cash + ST InvestmentsLiquidity on hand
$377.0M
$63.7M
Total DebtLower is stronger
$25.7M
$564.6M
Stockholders' EquityBook value
$1.9B
$1.4B
Total Assets
$2.4B
$2.4B
Debt / EquityLower = less leverage
0.01×
0.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DIOD
DIOD
FSS
FSS
Q4 25
$377.0M
$63.7M
Q3 25
$386.4M
$54.4M
Q2 25
$327.3M
$64.7M
Q1 25
$343.9M
$57.5M
Q4 24
$316.1M
$91.1M
Q3 24
$319.3M
$73.7M
Q2 24
$273.9M
$48.6M
Q1 24
$276.0M
$48.9M
Total Debt
DIOD
DIOD
FSS
FSS
Q4 25
$25.7M
$564.6M
Q3 25
$24.9M
$201.2M
Q2 25
$26.4M
$258.3M
Q1 25
$20.5M
$266.9M
Q4 24
$20.7M
$204.4M
Q3 24
$22.2M
$223.3M
Q2 24
$20.3M
$248.8M
Q1 24
$20.9M
$266.8M
Stockholders' Equity
DIOD
DIOD
FSS
FSS
Q4 25
$1.9B
$1.4B
Q3 25
$1.9B
$1.3B
Q2 25
$1.9B
$1.3B
Q1 25
$1.8B
$1.2B
Q4 24
$1.8B
$1.2B
Q3 24
$1.8B
$1.1B
Q2 24
$1.8B
$1.1B
Q1 24
$1.7B
$1.0B
Total Assets
DIOD
DIOD
FSS
FSS
Q4 25
$2.4B
$2.4B
Q3 25
$2.5B
$1.9B
Q2 25
$2.5B
$1.9B
Q1 25
$2.4B
$1.9B
Q4 24
$2.4B
$1.8B
Q3 24
$2.4B
$1.7B
Q2 24
$2.4B
$1.7B
Q1 24
$2.4B
$1.7B
Debt / Equity
DIOD
DIOD
FSS
FSS
Q4 25
0.01×
0.41×
Q3 25
0.01×
0.15×
Q2 25
0.01×
0.20×
Q1 25
0.01×
0.22×
Q4 24
0.01×
0.17×
Q3 24
0.01×
0.19×
Q2 24
0.01×
0.23×
Q1 24
0.01×
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
DIOD
DIOD
FSS
FSS
Operating Cash FlowLast quarter
$38.1M
$97.2M
Free Cash FlowOCF − Capex
$12.4M
$89.5M
FCF MarginFCF / Revenue
3.2%
15.0%
Capex IntensityCapex / Revenue
6.6%
1.3%
Cash ConversionOCF / Net Profit
3.74×
1.60×
TTM Free Cash FlowTrailing 4 quarters
$137.2M
$227.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DIOD
DIOD
FSS
FSS
Q4 25
$38.1M
$97.2M
Q3 25
$79.1M
$61.1M
Q2 25
$41.5M
$59.7M
Q1 25
$56.7M
$36.7M
Q4 24
$81.8M
$90.6M
Q3 24
$54.4M
$68.8M
Q2 24
$14.4M
$40.6M
Q1 24
$-31.1M
$31.3M
Free Cash Flow
DIOD
DIOD
FSS
FSS
Q4 25
$12.4M
$89.5M
Q3 25
$62.8M
$54.1M
Q2 25
$21.1M
$52.4M
Q1 25
$40.8M
$31.1M
Q4 24
$62.1M
$82.1M
Q3 24
$39.4M
$60.9M
Q2 24
$-3.5M
$24.8M
Q1 24
$-51.5M
$22.9M
FCF Margin
DIOD
DIOD
FSS
FSS
Q4 25
3.2%
15.0%
Q3 25
16.0%
9.7%
Q2 25
5.8%
9.3%
Q1 25
12.3%
6.7%
Q4 24
18.3%
17.4%
Q3 24
11.2%
12.8%
Q2 24
-1.1%
5.1%
Q1 24
-17.1%
5.4%
Capex Intensity
DIOD
DIOD
FSS
FSS
Q4 25
6.6%
1.3%
Q3 25
4.2%
1.3%
Q2 25
5.6%
1.3%
Q1 25
4.8%
1.2%
Q4 24
5.8%
1.8%
Q3 24
4.3%
1.7%
Q2 24
5.6%
3.2%
Q1 24
6.7%
2.0%
Cash Conversion
DIOD
DIOD
FSS
FSS
Q4 25
3.74×
1.60×
Q3 25
5.54×
0.90×
Q2 25
0.90×
0.84×
Q1 25
0.79×
Q4 24
9.93×
1.81×
Q3 24
3.95×
1.28×
Q2 24
1.80×
0.67×
Q1 24
-2.22×
0.61×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DIOD
DIOD

Distributor$253.1M65%
Direct Sales$138.5M35%

FSS
FSS

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

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