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Side-by-side financial comparison of FEDERAL SIGNAL CORP (FSS) and TEXAS CAPITAL BANCSHARES INC (TCBI). Click either name above to swap in a different company.
FEDERAL SIGNAL CORP is the larger business by last-quarter revenue ($597.1M vs $324.0M, roughly 1.8× TEXAS CAPITAL BANCSHARES INC). TEXAS CAPITAL BANCSHARES INC runs the higher net margin — 22.8% vs 10.2%, a 12.6% gap on every dollar of revenue. On growth, FEDERAL SIGNAL CORP posted the faster year-over-year revenue change (26.5% vs 15.5%). Over the past eight quarters, FEDERAL SIGNAL CORP's revenue compounded faster (18.5% CAGR vs 10.2%).
The Federal Signal Company was an American manufacturer of railway signaling equipment in the early 20th century. It was located in Albany, New York.
Texas Capital Bank is a bank headquartered in Dallas, Texas. The bank has branches located in every major city in Texas. Its parent bank holding company is Texas Capital Bancshares. It also operates an online-only banking division, Bask Bank.
FSS vs TCBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $597.1M | $324.0M |
| Net Profit | $60.8M | $73.8M |
| Gross Margin | 28.4% | — |
| Operating Margin | 14.0% | — |
| Net Margin | 10.2% | 22.8% |
| Revenue YoY | 26.5% | 15.5% |
| Net Profit YoY | 21.6% | 56.8% |
| EPS (diluted) | $0.99 | $1.56 |
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 | — | $324.0M | ||
| Q4 25 | $597.1M | $327.5M | ||
| Q3 25 | $555.0M | $340.4M | ||
| Q2 25 | $564.6M | $307.5M | ||
| Q1 25 | $463.8M | $280.5M | ||
| Q4 24 | $472.0M | $229.6M | ||
| Q3 24 | $474.2M | $125.3M | ||
| Q2 24 | $490.4M | $267.0M |
| Q1 26 | — | $73.8M | ||
| Q4 25 | $60.8M | $100.7M | ||
| Q3 25 | $68.1M | $105.2M | ||
| Q2 25 | $71.4M | $77.3M | ||
| Q1 25 | $46.3M | $47.0M | ||
| Q4 24 | $50.0M | $71.0M | ||
| Q3 24 | $53.9M | $-61.3M | ||
| Q2 24 | $60.8M | $41.7M |
| 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% | 40.4% | ||
| Q3 25 | 16.9% | 40.5% | ||
| Q2 25 | 17.3% | 33.2% | ||
| Q1 25 | 14.2% | 21.6% | ||
| Q4 24 | 14.9% | 40.7% | ||
| Q3 24 | 16.0% | -63.8% | ||
| Q2 24 | 16.5% | 21.9% |
| Q1 26 | — | 22.8% | ||
| Q4 25 | 10.2% | 30.7% | ||
| Q3 25 | 12.3% | 30.9% | ||
| Q2 25 | 12.6% | 25.2% | ||
| Q1 25 | 10.0% | 16.8% | ||
| Q4 24 | 10.6% | 30.9% | ||
| Q3 24 | 11.4% | -48.9% | ||
| Q2 24 | 12.4% | 15.6% |
| Q1 26 | — | $1.56 | ||
| Q4 25 | $0.99 | $2.11 | ||
| Q3 25 | $1.11 | $2.18 | ||
| Q2 25 | $1.16 | $1.58 | ||
| Q1 25 | $0.75 | $0.92 | ||
| Q4 24 | $0.80 | $1.43 | ||
| Q3 24 | $0.87 | $-1.41 | ||
| Q2 24 | $0.99 | $0.80 |
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 | — |
| Total DebtLower is stronger | $564.6M | $878.3M |
| Stockholders' EquityBook value | $1.4B | $3.6B |
| Total Assets | $2.4B | $33.5B |
| Debt / EquityLower = less leverage | 0.41× | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| 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 26 | — | $878.3M | ||
| Q4 25 | $564.6M | $620.6M | ||
| Q3 25 | $201.2M | $620.4M | ||
| Q2 25 | $258.3M | $620.3M | ||
| Q1 25 | $266.9M | $660.5M | ||
| Q4 24 | $204.4M | $660.3M | ||
| Q3 24 | $223.3M | $660.2M | ||
| Q2 24 | $248.8M | $660.0M |
| Q1 26 | — | $3.6B | ||
| Q4 25 | $1.4B | $3.6B | ||
| Q3 25 | $1.3B | $3.6B | ||
| Q2 25 | $1.3B | $3.5B | ||
| Q1 25 | $1.2B | $3.4B | ||
| Q4 24 | $1.2B | $3.4B | ||
| Q3 24 | $1.1B | $3.4B | ||
| Q2 24 | $1.1B | $3.2B |
| Q1 26 | — | $33.5B | ||
| Q4 25 | $2.4B | $31.5B | ||
| Q3 25 | $1.9B | $32.5B | ||
| Q2 25 | $1.9B | $31.9B | ||
| Q1 25 | $1.9B | $31.4B | ||
| Q4 24 | $1.8B | $30.7B | ||
| Q3 24 | $1.7B | $31.6B | ||
| Q2 24 | $1.7B | $29.9B |
| Q1 26 | — | 0.24× | ||
| Q4 25 | 0.41× | 0.17× | ||
| Q3 25 | 0.15× | 0.17× | ||
| Q2 25 | 0.20× | 0.18× | ||
| Q1 25 | 0.22× | 0.19× | ||
| Q4 24 | 0.17× | 0.20× | ||
| Q3 24 | 0.19× | 0.20× | ||
| Q2 24 | 0.23× | 0.21× |
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 | $360.2M | ||
| Q3 25 | $61.1M | $166.3M | ||
| Q2 25 | $59.7M | $63.0M | ||
| Q1 25 | $36.7M | $368.0K | ||
| Q4 24 | $90.6M | $480.1M | ||
| Q3 24 | $68.8M | $332.8M | ||
| Q2 24 | $40.6M | $33.3M |
| Q1 26 | — | — | ||
| Q4 25 | $89.5M | $347.6M | ||
| Q3 25 | $54.1M | $161.3M | ||
| Q2 25 | $52.4M | $57.5M | ||
| Q1 25 | $31.1M | $-2.0M | ||
| Q4 24 | $82.1M | $415.2M | ||
| Q3 24 | $60.9M | $317.6M | ||
| Q2 24 | $24.8M | $11.1M |
| Q1 26 | — | — | ||
| Q4 25 | 15.0% | 106.1% | ||
| Q3 25 | 9.7% | 47.4% | ||
| Q2 25 | 9.3% | 18.7% | ||
| Q1 25 | 6.7% | -0.7% | ||
| Q4 24 | 17.4% | 180.9% | ||
| Q3 24 | 12.8% | 253.4% | ||
| Q2 24 | 5.1% | 4.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 3.8% | ||
| Q3 25 | 1.3% | 1.5% | ||
| Q2 25 | 1.3% | 1.8% | ||
| Q1 25 | 1.2% | 0.9% | ||
| Q4 24 | 1.8% | 28.2% | ||
| Q3 24 | 1.7% | 12.1% | ||
| Q2 24 | 3.2% | 8.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | 3.58× | ||
| Q3 25 | 0.90× | 1.58× | ||
| Q2 25 | 0.84× | 0.81× | ||
| Q1 25 | 0.79× | 0.01× | ||
| Q4 24 | 1.81× | 6.76× | ||
| Q3 24 | 1.28× | — | ||
| Q2 24 | 0.67× | 0.80× |
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% |
TCBI
Segment breakdown not available.
