• Federal Signal average return on equity for 2023 was 15.77, a 15.96% increase from 2022.
• Federal Signal average return on equity for 2022 was 13.6, a 3.06% increase from 2021.
• Federal Signal average return on equity for 2021 was 14.03, a 12.26% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.