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Side-by-side financial comparison of FEDERAL SIGNAL CORP (FSS) and MGIC INVESTMENT CORP (MTG). Click either name above to swap in a different company.
FEDERAL SIGNAL CORP is the larger business by last-quarter revenue ($597.1M vs $297.1M, roughly 2.0× MGIC INVESTMENT CORP). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs 10.2%, a 45.5% gap on every dollar of revenue. On growth, FEDERAL SIGNAL CORP posted the faster year-over-year revenue change (26.5% vs -3.0%). Over the past eight quarters, FEDERAL SIGNAL CORP's revenue compounded faster (18.5% CAGR vs -1.4%).
The Federal Signal Company was an American manufacturer of railway signaling equipment in the early 20th century. It was located in Albany, New York.
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
FSS vs MTG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $597.1M | $297.1M |
| Net Profit | $60.8M | $165.3M |
| Gross Margin | 28.4% | — |
| Operating Margin | 14.0% | — |
| Net Margin | 10.2% | 55.6% |
| Revenue YoY | 26.5% | -3.0% |
| Net Profit YoY | 21.6% | -10.9% |
| EPS (diluted) | $0.99 | $0.76 |
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.
| Q1 26 | — | $297.1M | ||
| Q4 25 | $597.1M | $298.7M | ||
| Q3 25 | $555.0M | $304.5M | ||
| Q2 25 | $564.6M | $304.2M | ||
| Q1 25 | $463.8M | $306.2M | ||
| Q4 24 | $472.0M | $301.4M | ||
| Q3 24 | $474.2M | $306.6M | ||
| Q2 24 | $490.4M | $305.3M |
| Q1 26 | — | $165.3M | ||
| Q4 25 | $60.8M | $169.3M | ||
| Q3 25 | $68.1M | $191.1M | ||
| Q2 25 | $71.4M | $192.5M | ||
| Q1 25 | $46.3M | $185.5M | ||
| Q4 24 | $50.0M | $184.7M | ||
| Q3 24 | $53.9M | $200.0M | ||
| Q2 24 | $60.8M | $204.2M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 14.0% | 71.2% | ||
| Q3 25 | 16.9% | 77.2% | ||
| Q2 25 | 17.3% | 80.9% | ||
| Q1 25 | 14.2% | 76.6% | ||
| Q4 24 | 14.9% | 77.9% | ||
| Q3 24 | 16.0% | 82.9% | ||
| Q2 24 | 16.5% | 85.1% |
| Q1 26 | — | 55.6% | ||
| Q4 25 | 10.2% | 56.7% | ||
| Q3 25 | 12.3% | 62.8% | ||
| Q2 25 | 12.6% | 63.3% | ||
| Q1 25 | 10.0% | 60.6% | ||
| Q4 24 | 10.6% | 61.3% | ||
| Q3 24 | 11.4% | 65.2% | ||
| Q2 24 | 12.4% | 66.9% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $0.99 | $0.75 | ||
| Q3 25 | $1.11 | $0.83 | ||
| Q2 25 | $1.16 | $0.81 | ||
| Q1 25 | $0.75 | $0.75 | ||
| Q4 24 | $0.80 | $0.71 | ||
| Q3 24 | $0.87 | $0.77 | ||
| Q2 24 | $0.99 | $0.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $63.7M | $235.1M |
| Total DebtLower is stronger | $564.6M | — |
| Stockholders' EquityBook value | $1.4B | $5.0B |
| Total Assets | $2.4B | $6.4B |
| Debt / EquityLower = less leverage | 0.41× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $235.1M | ||
| Q4 25 | $63.7M | $369.0M | ||
| Q3 25 | $54.4M | $266.9M | ||
| Q2 25 | $64.7M | $294.9M | ||
| Q1 25 | $57.5M | $207.0M | ||
| Q4 24 | $91.1M | $229.5M | ||
| Q3 24 | $73.7M | $288.6M | ||
| Q2 24 | $48.6M | $281.8M |
| Q1 26 | — | — | ||
| 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 26 | — | $5.0B | ||
| Q4 25 | $1.4B | $5.1B | ||
| Q3 25 | $1.3B | $5.2B | ||
| Q2 25 | $1.3B | $5.2B | ||
| Q1 25 | $1.2B | $5.1B | ||
| Q4 24 | $1.2B | $5.2B | ||
| Q3 24 | $1.1B | $5.3B | ||
| Q2 24 | $1.1B | $5.1B |
| Q1 26 | — | $6.4B | ||
| Q4 25 | $2.4B | $6.6B | ||
| Q3 25 | $1.9B | $6.6B | ||
| Q2 25 | $1.9B | $6.5B | ||
| Q1 25 | $1.9B | $6.5B | ||
| Q4 24 | $1.8B | $6.5B | ||
| Q3 24 | $1.7B | $6.7B | ||
| Q2 24 | $1.7B | $6.5B |
| Q1 26 | — | — | ||
| 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× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $97.2M | $230.8M | ||
| Q3 25 | $61.1M | $215.4M | ||
| Q2 25 | $59.7M | $183.0M | ||
| Q1 25 | $36.7M | $223.7M | ||
| Q4 24 | $90.6M | $182.4M | ||
| Q3 24 | $68.8M | $182.9M | ||
| Q2 24 | $40.6M | $169.2M |
| Q1 26 | — | — | ||
| Q4 25 | $89.5M | $230.2M | ||
| Q3 25 | $54.1M | $215.1M | ||
| Q2 25 | $52.4M | $183.0M | ||
| Q1 25 | $31.1M | $223.5M | ||
| Q4 24 | $82.1M | $181.9M | ||
| Q3 24 | $60.9M | $182.5M | ||
| Q2 24 | $24.8M | $169.0M |
| Q1 26 | — | — | ||
| Q4 25 | 15.0% | 77.1% | ||
| Q3 25 | 9.7% | 70.6% | ||
| Q2 25 | 9.3% | 60.1% | ||
| Q1 25 | 6.7% | 73.0% | ||
| Q4 24 | 17.4% | 60.3% | ||
| Q3 24 | 12.8% | 59.5% | ||
| Q2 24 | 5.1% | 55.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 0.2% | ||
| Q3 25 | 1.3% | 0.1% | ||
| Q2 25 | 1.3% | 0.0% | ||
| Q1 25 | 1.2% | 0.0% | ||
| Q4 24 | 1.8% | 0.2% | ||
| Q3 24 | 1.7% | 0.1% | ||
| Q2 24 | 3.2% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | 1.36× | ||
| Q3 25 | 0.90× | 1.13× | ||
| Q2 25 | 0.84× | 0.95× | ||
| Q1 25 | 0.79× | 1.21× | ||
| Q4 24 | 1.81× | 0.99× | ||
| Q3 24 | 1.28× | 0.91× | ||
| Q2 24 | 0.67× | 0.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FSS
| Vehiclesandequipment | $403.4M | 68% |
| Parts | $66.8M | 11% |
| Publicsafetyandsecurityequipment | $62.2M | 10% |
| Rentalincome | $19.0M | 3% |
| Industrialsignalingequipment | $18.2M | 3% |
| Other | $14.9M | 2% |
| Warningsystems | $12.6M | 2% |
MTG
Segment breakdown not available.
