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Side-by-side financial comparison of FEDERAL SIGNAL CORP (FSS) and UNIVERSAL INSURANCE HOLDINGS, INC. (UVE). Click either name above to swap in a different company.

FEDERAL SIGNAL CORP is the larger business by last-quarter revenue ($597.1M vs $393.6M, roughly 1.5× UNIVERSAL INSURANCE HOLDINGS, INC.). UNIVERSAL INSURANCE HOLDINGS, INC. runs the higher net margin — 13.8% vs 10.2%, a 3.6% gap on every dollar of revenue. On growth, FEDERAL SIGNAL CORP posted the faster year-over-year revenue change (26.5% vs -0.3%). Over the past eight quarters, FEDERAL SIGNAL CORP's revenue compounded faster (18.5% CAGR vs 1.7%).

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

New York Life Insurance Company (NYLIC), most commonly known as New York Life, is the second-largest life insurance company and the largest mutual life insurance company in the United States, and is ranked #69 on the 2025 Fortune 500 list of the largest U.S. corporations by total revenue. In 2025, NYLIC achieved the best possible ratings by the four independent rating companies. Other New York Life affiliates provide an array of securities products and services, as well as institutional and r...

FSS vs UVE — Head-to-Head

Bigger by revenue
FSS
FSS
1.5× larger
FSS
$597.1M
$393.6M
UVE
Growing faster (revenue YoY)
FSS
FSS
+26.8% gap
FSS
26.5%
-0.3%
UVE
Higher net margin
UVE
UVE
3.6% more per $
UVE
13.8%
10.2%
FSS
Faster 2-yr revenue CAGR
FSS
FSS
Annualised
FSS
18.5%
1.7%
UVE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FSS
FSS
UVE
UVE
Revenue
$597.1M
$393.6M
Net Profit
$60.8M
$54.3M
Gross Margin
28.4%
Operating Margin
14.0%
Net Margin
10.2%
13.8%
Revenue YoY
26.5%
-0.3%
Net Profit YoY
21.6%
EPS (diluted)
$0.99
$1.88

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
UVE
UVE
Q1 26
$393.6M
Q4 25
$597.1M
$407.9M
Q3 25
$555.0M
$401.0M
Q2 25
$564.6M
$400.1M
Q1 25
$463.8M
$394.9M
Q4 24
$472.0M
$384.8M
Q3 24
$474.2M
$387.6M
Q2 24
$490.4M
$380.2M
Net Profit
FSS
FSS
UVE
UVE
Q1 26
$54.3M
Q4 25
$60.8M
$66.6M
Q3 25
$68.1M
$39.8M
Q2 25
$71.4M
$35.1M
Q1 25
$46.3M
$41.4M
Q4 24
$50.0M
$6.0M
Q3 24
$53.9M
$-16.2M
Q2 24
$60.8M
$35.4M
Gross Margin
FSS
FSS
UVE
UVE
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%
Operating Margin
FSS
FSS
UVE
UVE
Q1 26
Q4 25
14.0%
21.7%
Q3 25
16.9%
13.2%
Q2 25
17.3%
11.6%
Q1 25
14.2%
14.0%
Q4 24
14.9%
1.9%
Q3 24
16.0%
-4.7%
Q2 24
16.5%
12.6%
Net Margin
FSS
FSS
UVE
UVE
Q1 26
13.8%
Q4 25
10.2%
16.3%
Q3 25
12.3%
9.9%
Q2 25
12.6%
8.8%
Q1 25
10.0%
10.5%
Q4 24
10.6%
1.6%
Q3 24
11.4%
-4.2%
Q2 24
12.4%
9.3%
EPS (diluted)
FSS
FSS
UVE
UVE
Q1 26
$1.88
Q4 25
$0.99
$2.29
Q3 25
$1.11
$1.38
Q2 25
$1.16
$1.21
Q1 25
$0.75
$1.44
Q4 24
$0.80
$0.23
Q3 24
$0.87
$-0.57
Q2 24
$0.99
$1.21

Balance Sheet & Financial Strength

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

Metric
FSS
FSS
UVE
UVE
Cash + ST InvestmentsLiquidity on hand
$63.7M
$595.8M
Total DebtLower is stronger
$564.6M
Stockholders' EquityBook value
$1.4B
$584.7M
Total Assets
$2.4B
$2.8B
Debt / EquityLower = less leverage
0.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSS
FSS
UVE
UVE
Q1 26
$595.8M
Q4 25
$63.7M
$408.9M
Q3 25
$54.4M
$405.1M
Q2 25
$64.7M
$367.1M
Q1 25
$57.5M
$398.2M
Q4 24
$91.1M
$259.4M
Q3 24
$73.7M
$333.7M
Q2 24
$48.6M
$283.3M
Total Debt
FSS
FSS
UVE
UVE
Q1 26
Q4 25
$564.6M
$100.5M
Q3 25
$201.2M
$100.7M
Q2 25
$258.3M
$100.9M
Q1 25
$266.9M
$101.1M
Q4 24
$204.4M
$101.2M
Q3 24
$223.3M
$101.4M
Q2 24
$248.8M
$101.6M
Stockholders' Equity
FSS
FSS
UVE
UVE
Q1 26
$584.7M
Q4 25
$1.4B
$551.0M
Q3 25
$1.3B
$495.0M
Q2 25
$1.3B
$457.8M
Q1 25
$1.2B
$422.4M
Q4 24
$1.2B
$373.3M
Q3 24
$1.1B
$400.2M
Q2 24
$1.1B
$393.2M
Total Assets
FSS
FSS
UVE
UVE
Q1 26
$2.8B
Q4 25
$2.4B
$2.8B
Q3 25
$1.9B
$3.1B
Q2 25
$1.9B
$3.3B
Q1 25
$1.9B
$2.7B
Q4 24
$1.8B
$2.8B
Q3 24
$1.7B
$2.7B
Q2 24
$1.7B
$2.7B
Debt / Equity
FSS
FSS
UVE
UVE
Q1 26
Q4 25
0.41×
0.18×
Q3 25
0.15×
0.20×
Q2 25
0.20×
0.22×
Q1 25
0.22×
0.24×
Q4 24
0.17×
0.27×
Q3 24
0.19×
0.25×
Q2 24
0.23×
0.26×

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
UVE
UVE
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
UVE
UVE
Q1 26
Q4 25
$97.2M
$381.5M
Q3 25
$61.1M
$62.4M
Q2 25
$59.7M
$106.2M
Q1 25
$36.7M
$186.8M
Q4 24
$90.6M
$137.4M
Q3 24
$68.8M
$82.6M
Q2 24
$40.6M
$73.2M
Free Cash Flow
FSS
FSS
UVE
UVE
Q1 26
Q4 25
$89.5M
$377.1M
Q3 25
$54.1M
$61.3M
Q2 25
$52.4M
$105.2M
Q1 25
$31.1M
$185.5M
Q4 24
$82.1M
$130.0M
Q3 24
$60.9M
$81.0M
Q2 24
$24.8M
$71.6M
FCF Margin
FSS
FSS
UVE
UVE
Q1 26
Q4 25
15.0%
92.4%
Q3 25
9.7%
15.3%
Q2 25
9.3%
26.3%
Q1 25
6.7%
47.0%
Q4 24
17.4%
33.8%
Q3 24
12.8%
20.9%
Q2 24
5.1%
18.8%
Capex Intensity
FSS
FSS
UVE
UVE
Q1 26
Q4 25
1.3%
1.1%
Q3 25
1.3%
0.3%
Q2 25
1.3%
0.2%
Q1 25
1.2%
0.3%
Q4 24
1.8%
1.9%
Q3 24
1.7%
0.4%
Q2 24
3.2%
0.4%
Cash Conversion
FSS
FSS
UVE
UVE
Q1 26
Q4 25
1.60×
5.73×
Q3 25
0.90×
1.57×
Q2 25
0.84×
3.03×
Q1 25
0.79×
4.51×
Q4 24
1.81×
22.82×
Q3 24
1.28×
Q2 24
0.67×
2.07×

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%

UVE
UVE

Segment breakdown not available.

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