Risk factors
Federal Signal (FSS) risk factors
Item 1A of every Federal Signal Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors21 risks2 reworded
U.S. municipal and governmental spending remains central to profitability, with industrial cyclicality and shutdown risks unchanged.
Filed Feb 25, 2026 - FY2024 10-K risk factors21 risks
Dependence on the U.S. economy drives 79% of net sales, with municipal and industrial market cyclicality heavily impacting profitability.
Filed Feb 26, 2025