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Side-by-side financial comparison of FEDERAL SIGNAL CORP (FSS) and Hilton Grand Vacations Inc. (HGV). Click either name above to swap in a different company.

Hilton Grand Vacations Inc. is the larger business by last-quarter revenue ($1.2B vs $597.1M, roughly 2.0× FEDERAL SIGNAL CORP). FEDERAL SIGNAL CORP runs the higher net margin — 10.2% vs 4.0%, a 6.2% gap on every dollar of revenue. On growth, FEDERAL SIGNAL CORP posted the faster year-over-year revenue change (26.5% vs 3.7%). Hilton Grand Vacations Inc. produced more free cash flow last quarter ($147.0M vs $89.5M). Over the past eight quarters, FEDERAL SIGNAL CORP's revenue compounded faster (18.5% CAGR vs 7.4%).

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

Hilton Grand Vacations Inc. is a multi-national company that is based in Orlando, Florida, United States. It manages and operates the Hilton Worldwide timeshare and vacation ownership brands under an exclusive licensing agreement with Hilton Worldwide. HGV was formerly a wholly owned subsidiary of Hilton Worldwide until it was spun off into a publicly traded company in 2017. Even though HGV is an independent company post spin-off, Hilton Worldwide still retains full ownership of the Hilton Gr...

FSS vs HGV — Head-to-Head

Bigger by revenue
HGV
HGV
2.0× larger
HGV
$1.2B
$597.1M
FSS
Growing faster (revenue YoY)
FSS
FSS
+22.8% gap
FSS
26.5%
3.7%
HGV
Higher net margin
FSS
FSS
6.2% more per $
FSS
10.2%
4.0%
HGV
More free cash flow
HGV
HGV
$57.5M more FCF
HGV
$147.0M
$89.5M
FSS
Faster 2-yr revenue CAGR
FSS
FSS
Annualised
FSS
18.5%
7.4%
HGV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FSS
FSS
HGV
HGV
Revenue
$597.1M
$1.2B
Net Profit
$60.8M
$48.0M
Gross Margin
28.4%
Operating Margin
14.0%
7.8%
Net Margin
10.2%
4.0%
Revenue YoY
26.5%
3.7%
Net Profit YoY
21.6%
140.0%
EPS (diluted)
$0.99
$0.53

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
FSS
FSS
HGV
HGV
Q4 25
$597.1M
$1.2B
Q3 25
$555.0M
$1.2B
Q2 25
$564.6M
$1.1B
Q1 25
$463.8M
$1.0B
Q4 24
$472.0M
$1.1B
Q3 24
$474.2M
$1.2B
Q2 24
$490.4M
$1.1B
Q1 24
$424.9M
$1.0B
Net Profit
FSS
FSS
HGV
HGV
Q4 25
$60.8M
$48.0M
Q3 25
$68.1M
$25.0M
Q2 25
$71.4M
$25.0M
Q1 25
$46.3M
$-17.0M
Q4 24
$50.0M
$20.0M
Q3 24
$53.9M
$29.0M
Q2 24
$60.8M
$2.0M
Q1 24
$51.6M
$-4.0M
Gross Margin
FSS
FSS
HGV
HGV
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
FSS
FSS
HGV
HGV
Q4 25
14.0%
7.8%
Q3 25
16.9%
3.9%
Q2 25
17.3%
3.8%
Q1 25
14.2%
-0.6%
Q4 24
14.9%
4.3%
Q3 24
16.0%
7.9%
Q2 24
16.5%
0.6%
Q1 24
12.8%
-1.3%
Net Margin
FSS
FSS
HGV
HGV
Q4 25
10.2%
4.0%
Q3 25
12.3%
2.1%
Q2 25
12.6%
2.2%
Q1 25
10.0%
-1.7%
Q4 24
10.6%
1.7%
Q3 24
11.4%
2.5%
Q2 24
12.4%
0.2%
Q1 24
12.1%
-0.4%
EPS (diluted)
FSS
FSS
HGV
HGV
Q4 25
$0.99
$0.53
Q3 25
$1.11
$0.28
Q2 25
$1.16
$0.25
Q1 25
$0.75
$-0.17
Q4 24
$0.80
$0.19
Q3 24
$0.87
$0.28
Q2 24
$0.99
$0.02
Q1 24
$0.84
$-0.04

Balance Sheet & Financial Strength

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

Metric
FSS
FSS
HGV
HGV
Cash + ST InvestmentsLiquidity on hand
$63.7M
$239.0M
Total DebtLower is stronger
$564.6M
$4.5B
Stockholders' EquityBook value
$1.4B
$1.3B
Total Assets
$2.4B
$11.5B
Debt / EquityLower = less leverage
0.41×
3.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSS
FSS
HGV
HGV
Q4 25
$63.7M
$239.0M
Q3 25
$54.4M
$215.0M
Q2 25
$64.7M
$269.0M
Q1 25
$57.5M
$259.0M
Q4 24
$91.1M
$328.0M
Q3 24
$73.7M
$297.0M
Q2 24
$48.6M
$328.0M
Q1 24
$48.9M
$355.0M
Total Debt
FSS
FSS
HGV
HGV
Q4 25
$564.6M
$4.5B
Q3 25
$201.2M
$4.7B
Q2 25
$258.3M
$4.6B
Q1 25
$266.9M
$4.5B
Q4 24
$204.4M
$4.6B
Q3 24
$223.3M
$5.0B
Q2 24
$248.8M
$4.9B
Q1 24
$266.8M
$5.1B
Stockholders' Equity
FSS
FSS
HGV
HGV
Q4 25
$1.4B
$1.3B
Q3 25
$1.3B
$1.4B
Q2 25
$1.3B
$1.5B
Q1 25
$1.2B
$1.6B
Q4 24
$1.2B
$1.8B
Q3 24
$1.1B
$1.8B
Q2 24
$1.1B
$1.9B
Q1 24
$1.0B
$2.0B
Total Assets
FSS
FSS
HGV
HGV
Q4 25
$2.4B
$11.5B
Q3 25
$1.9B
$11.7B
Q2 25
$1.9B
$11.7B
Q1 25
$1.9B
$11.8B
Q4 24
$1.8B
$11.4B
Q3 24
$1.7B
$11.2B
Q2 24
$1.7B
$11.5B
Q1 24
$1.7B
$11.7B
Debt / Equity
FSS
FSS
HGV
HGV
Q4 25
0.41×
3.53×
Q3 25
0.15×
3.41×
Q2 25
0.20×
3.07×
Q1 25
0.22×
2.83×
Q4 24
0.17×
2.63×
Q3 24
0.19×
2.73×
Q2 24
0.23×
2.55×
Q1 24
0.26×
2.57×

Cash Flow & Capital Efficiency

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

Metric
FSS
FSS
HGV
HGV
Operating Cash FlowLast quarter
$97.2M
$167.0M
Free Cash FlowOCF − Capex
$89.5M
$147.0M
FCF MarginFCF / Revenue
15.0%
12.3%
Capex IntensityCapex / Revenue
1.3%
1.7%
Cash ConversionOCF / Net Profit
1.60×
3.48×
TTM Free Cash FlowTrailing 4 quarters
$227.1M
$230.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSS
FSS
HGV
HGV
Q4 25
$97.2M
$167.0M
Q3 25
$61.1M
$34.0M
Q2 25
$59.7M
$61.0M
Q1 25
$36.7M
$38.0M
Q4 24
$90.6M
$105.0M
Q3 24
$68.8M
$91.0M
Q2 24
$40.6M
$113.0M
Q1 24
$31.3M
$0
Free Cash Flow
FSS
FSS
HGV
HGV
Q4 25
$89.5M
$147.0M
Q3 25
$54.1M
$13.0M
Q2 25
$52.4M
$46.0M
Q1 25
$31.1M
$24.0M
Q4 24
$82.1M
$90.0M
Q3 24
$60.9M
$81.0M
Q2 24
$24.8M
$106.0M
Q1 24
$22.9M
FCF Margin
FSS
FSS
HGV
HGV
Q4 25
15.0%
12.3%
Q3 25
9.7%
1.1%
Q2 25
9.3%
4.0%
Q1 25
6.7%
2.4%
Q4 24
17.4%
7.8%
Q3 24
12.8%
6.9%
Q2 24
5.1%
9.6%
Q1 24
5.4%
Capex Intensity
FSS
FSS
HGV
HGV
Q4 25
1.3%
1.7%
Q3 25
1.3%
1.8%
Q2 25
1.3%
1.3%
Q1 25
1.2%
1.4%
Q4 24
1.8%
1.3%
Q3 24
1.7%
0.9%
Q2 24
3.2%
0.6%
Q1 24
2.0%
1.0%
Cash Conversion
FSS
FSS
HGV
HGV
Q4 25
1.60×
3.48×
Q3 25
0.90×
1.36×
Q2 25
0.84×
2.44×
Q1 25
0.79×
Q4 24
1.81×
5.25×
Q3 24
1.28×
3.14×
Q2 24
0.67×
56.50×
Q1 24
0.61×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FSS
FSS

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

HGV
HGV

Sales Of Vacation Ownership Intervals Net$492.0M41%
Fee For Services Commissions Package Sales And Other Fees$169.0M14%
Cost Reimbursements$141.0M12%
Resort Management$118.0M10%
Other$116.0M10%
Club Management$101.0M8%
Related Party$42.0M4%
Ancillary Services$13.0M1%

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