vs

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

FEDERAL SIGNAL CORP is the larger business by last-quarter revenue ($597.1M vs $527.4M, roughly 1.1× MARINEMAX INC). On growth, FEDERAL SIGNAL CORP posted the faster year-over-year revenue change (26.5% vs -16.5%). Over the past eight quarters, FEDERAL SIGNAL CORP's revenue compounded faster (18.5% CAGR vs -16.6%).

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

MarineMax Inc. is a leading recreational boat and yacht retailer primarily operating in the United States. It offers new and pre-owned leisure vessels, alongside related services including maintenance, repair, financing, insurance coverage, yacht chartering, and boating lifestyle events, catering to private boating enthusiasts across North America.

FSS vs HZO — Head-to-Head

Bigger by revenue
FSS
FSS
1.1× larger
FSS
$597.1M
$527.4M
HZO
Growing faster (revenue YoY)
FSS
FSS
+43.0% gap
FSS
26.5%
-16.5%
HZO
Faster 2-yr revenue CAGR
FSS
FSS
Annualised
FSS
18.5%
-16.6%
HZO

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
FSS
FSS
HZO
HZO
Revenue
$597.1M
$527.4M
Net Profit
$60.8M
Gross Margin
28.4%
34.4%
Operating Margin
14.0%
2.1%
Net Margin
10.2%
Revenue YoY
26.5%
-16.5%
Net Profit YoY
21.6%
EPS (diluted)
$0.99
$0.14

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
HZO
HZO
Q1 26
$527.4M
Q4 25
$597.1M
$505.2M
Q3 25
$555.0M
$552.2M
Q2 25
$564.6M
$657.2M
Q1 25
$463.8M
$631.5M
Q4 24
$472.0M
$468.5M
Q3 24
$474.2M
$563.1M
Q2 24
$490.4M
$757.7M
Net Profit
FSS
FSS
HZO
HZO
Q1 26
Q4 25
$60.8M
$-7.9M
Q3 25
$68.1M
$-851.0K
Q2 25
$71.4M
$-52.1M
Q1 25
$46.3M
$3.3M
Q4 24
$50.0M
$18.1M
Q3 24
$53.9M
$4.0M
Q2 24
$60.8M
$31.6M
Gross Margin
FSS
FSS
HZO
HZO
Q1 26
34.4%
Q4 25
28.4%
31.8%
Q3 25
29.1%
34.7%
Q2 25
30.0%
30.4%
Q1 25
28.2%
30.0%
Q4 24
28.1%
36.2%
Q3 24
29.6%
34.3%
Q2 24
29.4%
32.0%
Operating Margin
FSS
FSS
HZO
HZO
Q1 26
2.1%
Q4 25
14.0%
1.0%
Q3 25
16.9%
2.5%
Q2 25
17.3%
-6.3%
Q1 25
14.2%
3.6%
Q4 24
14.9%
8.3%
Q3 24
16.0%
4.8%
Q2 24
16.5%
8.1%
Net Margin
FSS
FSS
HZO
HZO
Q1 26
Q4 25
10.2%
-1.6%
Q3 25
12.3%
-0.2%
Q2 25
12.6%
-7.9%
Q1 25
10.0%
0.5%
Q4 24
10.6%
3.9%
Q3 24
11.4%
0.7%
Q2 24
12.4%
4.2%
EPS (diluted)
FSS
FSS
HZO
HZO
Q1 26
$0.14
Q4 25
$0.99
$-0.36
Q3 25
$1.11
$0.08
Q2 25
$1.16
$-2.42
Q1 25
$0.75
$0.14
Q4 24
$0.80
$0.77
Q3 24
$0.87
$0.17
Q2 24
$0.99
$1.37

Balance Sheet & Financial Strength

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

Metric
FSS
FSS
HZO
HZO
Cash + ST InvestmentsLiquidity on hand
$63.7M
$189.1M
Total DebtLower is stronger
$564.6M
$338.7M
Stockholders' EquityBook value
$1.4B
Total Assets
$2.4B
$2.4B
Debt / EquityLower = less leverage
0.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSS
FSS
HZO
HZO
Q1 26
$189.1M
Q4 25
$63.7M
$164.6M
Q3 25
$54.4M
$170.4M
Q2 25
$64.7M
$151.0M
Q1 25
$57.5M
$203.5M
Q4 24
$91.1M
$145.0M
Q3 24
$73.7M
$224.3M
Q2 24
$48.6M
$242.4M
Total Debt
FSS
FSS
HZO
HZO
Q1 26
$338.7M
Q4 25
$564.6M
Q3 25
$201.2M
$393.2M
Q2 25
$258.3M
Q1 25
$266.9M
Q4 24
$204.4M
Q3 24
$223.3M
$391.2M
Q2 24
$248.8M
Stockholders' Equity
FSS
FSS
HZO
HZO
Q1 26
Q4 25
$1.4B
$932.8M
Q3 25
$1.3B
$937.2M
Q2 25
$1.3B
$940.5M
Q1 25
$1.2B
$993.4M
Q4 24
$1.2B
$993.5M
Q3 24
$1.1B
$975.8M
Q2 24
$1.1B
$967.6M
Total Assets
FSS
FSS
HZO
HZO
Q1 26
$2.4B
Q4 25
$2.4B
$2.4B
Q3 25
$1.9B
$2.5B
Q2 25
$1.9B
$2.5B
Q1 25
$1.9B
$2.7B
Q4 24
$1.8B
$2.6B
Q3 24
$1.7B
$2.6B
Q2 24
$1.7B
$2.6B
Debt / Equity
FSS
FSS
HZO
HZO
Q1 26
Q4 25
0.41×
Q3 25
0.15×
0.42×
Q2 25
0.20×
Q1 25
0.22×
Q4 24
0.17×
Q3 24
0.19×
0.40×
Q2 24
0.23×

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
HZO
HZO
Operating Cash FlowLast quarter
$97.2M
Free Cash FlowOCF − Capex
$89.5M
FCF MarginFCF / Revenue
15.0%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
1.60×
TTM Free Cash FlowTrailing 4 quarters
$227.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSS
FSS
HZO
HZO
Q1 26
Q4 25
$97.2M
$16.9M
Q3 25
$61.1M
$61.5M
Q2 25
$59.7M
$84.9M
Q1 25
$36.7M
$72.5M
Q4 24
$90.6M
$-146.1M
Q3 24
$68.8M
$-782.0K
Q2 24
$40.6M
$86.3M
Free Cash Flow
FSS
FSS
HZO
HZO
Q1 26
Q4 25
$89.5M
$8.3M
Q3 25
$54.1M
$48.0M
Q2 25
$52.4M
$68.5M
Q1 25
$31.1M
$59.8M
Q4 24
$82.1M
$-164.4M
Q3 24
$60.9M
$-17.5M
Q2 24
$24.8M
$71.1M
FCF Margin
FSS
FSS
HZO
HZO
Q1 26
Q4 25
15.0%
1.7%
Q3 25
9.7%
8.7%
Q2 25
9.3%
10.4%
Q1 25
6.7%
9.5%
Q4 24
17.4%
-35.1%
Q3 24
12.8%
-3.1%
Q2 24
5.1%
9.4%
Capex Intensity
FSS
FSS
HZO
HZO
Q1 26
Q4 25
1.3%
1.7%
Q3 25
1.3%
2.4%
Q2 25
1.3%
2.5%
Q1 25
1.2%
2.0%
Q4 24
1.8%
3.9%
Q3 24
1.7%
3.0%
Q2 24
3.2%
2.0%
Cash Conversion
FSS
FSS
HZO
HZO
Q1 26
Q4 25
1.60×
Q3 25
0.90×
Q2 25
0.84×
Q1 25
0.79×
21.97×
Q4 24
1.81×
-8.09×
Q3 24
1.28×
-0.20×
Q2 24
0.67×
2.74×

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%

HZO
HZO

Retail Operations$525.3M100%
Product Manufacturing$23.7M4%

Related Comparisons