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

Insulet Corporation is the larger business by last-quarter revenue ($783.7M vs $597.1M, roughly 1.3× FEDERAL SIGNAL CORP). Insulet Corporation runs the higher net margin — 13.0% vs 10.2%, a 2.8% gap on every dollar of revenue. On growth, Insulet Corporation posted the faster year-over-year revenue change (31.2% vs 26.5%). FEDERAL SIGNAL CORP produced more free cash flow last quarter ($89.5M vs $48.2M). Over the past eight quarters, Insulet Corporation's revenue compounded faster (33.2% CAGR vs 18.5%).

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

An insulin pump is a medical device used for the administration of insulin in the treatment of diabetes mellitus, also known as continuous subcutaneous insulin therapy . The device configuration may vary depending on design. A traditional pump includes:the pump a disposable reservoir for insulin a disposable infusion set, including a cannula for subcutaneous insertion and a tubing system to connect the insulin reservoir to the cannula.

FSS vs PODD — Head-to-Head

Bigger by revenue
PODD
PODD
1.3× larger
PODD
$783.7M
$597.1M
FSS
Growing faster (revenue YoY)
PODD
PODD
+4.7% gap
PODD
31.2%
26.5%
FSS
Higher net margin
PODD
PODD
2.8% more per $
PODD
13.0%
10.2%
FSS
More free cash flow
FSS
FSS
$41.3M more FCF
FSS
$89.5M
$48.2M
PODD
Faster 2-yr revenue CAGR
PODD
PODD
Annualised
PODD
33.2%
18.5%
FSS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FSS
FSS
PODD
PODD
Revenue
$597.1M
$783.7M
Net Profit
$60.8M
$101.6M
Gross Margin
28.4%
72.6%
Operating Margin
14.0%
18.7%
Net Margin
10.2%
13.0%
Revenue YoY
26.5%
31.2%
Net Profit YoY
21.6%
0.9%
EPS (diluted)
$0.99
$1.42

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
PODD
PODD
Q4 25
$597.1M
$783.7M
Q3 25
$555.0M
$706.3M
Q2 25
$564.6M
$649.1M
Q1 25
$463.8M
$569.0M
Q4 24
$472.0M
$597.5M
Q3 24
$474.2M
$543.9M
Q2 24
$490.4M
$488.5M
Q1 24
$424.9M
$441.7M
Net Profit
FSS
FSS
PODD
PODD
Q4 25
$60.8M
$101.6M
Q3 25
$68.1M
$87.6M
Q2 25
$71.4M
$22.5M
Q1 25
$46.3M
$35.4M
Q4 24
$50.0M
$100.7M
Q3 24
$53.9M
$77.5M
Q2 24
$60.8M
$188.6M
Q1 24
$51.6M
$51.5M
Gross Margin
FSS
FSS
PODD
PODD
Q4 25
28.4%
72.6%
Q3 25
29.1%
72.2%
Q2 25
30.0%
69.7%
Q1 25
28.2%
71.9%
Q4 24
28.1%
72.1%
Q3 24
29.6%
69.3%
Q2 24
29.4%
67.7%
Q1 24
27.3%
69.5%
Operating Margin
FSS
FSS
PODD
PODD
Q4 25
14.0%
18.7%
Q3 25
16.9%
16.7%
Q2 25
17.3%
18.7%
Q1 25
14.2%
15.6%
Q4 24
14.9%
18.3%
Q3 24
16.0%
16.2%
Q2 24
16.5%
11.2%
Q1 24
12.8%
12.9%
Net Margin
FSS
FSS
PODD
PODD
Q4 25
10.2%
13.0%
Q3 25
12.3%
12.4%
Q2 25
12.6%
3.5%
Q1 25
10.0%
6.2%
Q4 24
10.6%
16.9%
Q3 24
11.4%
14.2%
Q2 24
12.4%
38.6%
Q1 24
12.1%
11.7%
EPS (diluted)
FSS
FSS
PODD
PODD
Q4 25
$0.99
$1.42
Q3 25
$1.11
$1.24
Q2 25
$1.16
$0.32
Q1 25
$0.75
$0.50
Q4 24
$0.80
$1.38
Q3 24
$0.87
$1.08
Q2 24
$0.99
$2.59
Q1 24
$0.84
$0.73

Balance Sheet & Financial Strength

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

Metric
FSS
FSS
PODD
PODD
Cash + ST InvestmentsLiquidity on hand
$63.7M
Total DebtLower is stronger
$564.6M
$930.8M
Stockholders' EquityBook value
$1.4B
$1.5B
Total Assets
$2.4B
$3.2B
Debt / EquityLower = less leverage
0.41×
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSS
FSS
PODD
PODD
Q4 25
$63.7M
Q3 25
$54.4M
Q2 25
$64.7M
Q1 25
$57.5M
Q4 24
$91.1M
Q3 24
$73.7M
Q2 24
$48.6M
Q1 24
$48.9M
Total Debt
FSS
FSS
PODD
PODD
Q4 25
$564.6M
$930.8M
Q3 25
$201.2M
$934.9M
Q2 25
$258.3M
$939.0M
Q1 25
$266.9M
$1.6B
Q4 24
$204.4M
$1.3B
Q3 24
$223.3M
$1.4B
Q2 24
$248.8M
$1.4B
Q1 24
$266.8M
$1.4B
Stockholders' Equity
FSS
FSS
PODD
PODD
Q4 25
$1.4B
$1.5B
Q3 25
$1.3B
$1.4B
Q2 25
$1.3B
$1.5B
Q1 25
$1.2B
$1.3B
Q4 24
$1.2B
$1.2B
Q3 24
$1.1B
$1.1B
Q2 24
$1.1B
$998.4M
Q1 24
$1.0B
$790.7M
Total Assets
FSS
FSS
PODD
PODD
Q4 25
$2.4B
$3.2B
Q3 25
$1.9B
$3.0B
Q2 25
$1.9B
$3.5B
Q1 25
$1.9B
$3.5B
Q4 24
$1.8B
$3.1B
Q3 24
$1.7B
$3.0B
Q2 24
$1.7B
$2.9B
Q1 24
$1.7B
$2.6B
Debt / Equity
FSS
FSS
PODD
PODD
Q4 25
0.41×
0.61×
Q3 25
0.15×
0.68×
Q2 25
0.20×
0.64×
Q1 25
0.22×
1.21×
Q4 24
0.17×
1.07×
Q3 24
0.19×
1.21×
Q2 24
0.23×
1.36×
Q1 24
0.26×
1.72×

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
PODD
PODD
Operating Cash FlowLast quarter
$97.2M
$183.3M
Free Cash FlowOCF − Capex
$89.5M
$48.2M
FCF MarginFCF / Revenue
15.0%
6.2%
Capex IntensityCapex / Revenue
1.3%
17.2%
Cash ConversionOCF / Net Profit
1.60×
1.80×
TTM Free Cash FlowTrailing 4 quarters
$227.1M
$377.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSS
FSS
PODD
PODD
Q4 25
$97.2M
$183.3M
Q3 25
$61.1M
$125.7M
Q2 25
$59.7M
$196.5M
Q1 25
$36.7M
$63.8M
Q4 24
$90.6M
$147.7M
Q3 24
$68.8M
$98.5M
Q2 24
$40.6M
$96.5M
Q1 24
$31.3M
$87.6M
Free Cash Flow
FSS
FSS
PODD
PODD
Q4 25
$89.5M
$48.2M
Q3 25
$54.1M
$100.1M
Q2 25
$52.4M
$177.9M
Q1 25
$31.1M
$51.5M
Q4 24
$82.1M
$94.1M
Q3 24
$60.9M
$71.8M
Q2 24
$24.8M
$74.0M
Q1 24
$22.9M
$65.5M
FCF Margin
FSS
FSS
PODD
PODD
Q4 25
15.0%
6.2%
Q3 25
9.7%
14.2%
Q2 25
9.3%
27.4%
Q1 25
6.7%
9.1%
Q4 24
17.4%
15.7%
Q3 24
12.8%
13.2%
Q2 24
5.1%
15.1%
Q1 24
5.4%
14.8%
Capex Intensity
FSS
FSS
PODD
PODD
Q4 25
1.3%
17.2%
Q3 25
1.3%
3.6%
Q2 25
1.3%
2.9%
Q1 25
1.2%
2.2%
Q4 24
1.8%
9.0%
Q3 24
1.7%
4.9%
Q2 24
3.2%
4.6%
Q1 24
2.0%
5.0%
Cash Conversion
FSS
FSS
PODD
PODD
Q4 25
1.60×
1.80×
Q3 25
0.90×
1.43×
Q2 25
0.84×
8.73×
Q1 25
0.79×
1.80×
Q4 24
1.81×
1.47×
Q3 24
1.28×
1.27×
Q2 24
0.67×
0.51×
Q1 24
0.61×
1.70×

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%

PODD
PODD

U.S.Omnipod$567.8M72%
International Omnipod$214.0M27%
Drug Delivery$1.9M0%

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