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Federal Signal vs VinFast Auto: revenue, profit, margins and growth compared

Federal Signal brought in $2.2B of revenue in fiscal 2025, VinFast Auto $1.8B in fiscal 2024. Revenue changed by +17.1% at Federal Signal and +54.7% at VinFast Auto on the year before, so VinFast Auto grew faster. Federal Signal kept 11.3% of its revenue as net profit, VinFast Auto -175.5%. Free cash flow was $227.1M at Federal Signal and -$1.9B at VinFast Auto.

Side by side, latest fiscal year

FSSVFS
Fiscal year endedFY2025 (December 31, 2025)FY2024 (December 31, 2024)
Revenue$2.2B$1.8B
Revenue growth+17.1%+54.7%
Net income$246.6M-$3.2B
Net margin11.3%-175.5%
Free cash flow$227.1M-$1.9B
Free cash flow margin10.4%-107.1%
Earnings per share (diluted)$4.01-$1.40
Cash$63.7M$135.9M
Debt$0$939.5M
Price to earnings28.6n/a
Market value$7B$7.4B
Dividend yield0.49%n/a
Rank by revenue in sector#213 of 451 · Industrials#228 of 451 · Industrials

Over the years

Revenue
FSS FY2018: $1.1BFSS FY2019: $1.2BFSS FY2020: $1.1BFSS FY2021: $1.2BFSS FY2022: $1.4BFSS FY2023: $1.7BFSS FY2024: $1.9BFSS FY2025: $2.2BVFS FY2023: $1.2BVFS FY2024: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
FSS $2.2BVFS $1.8B
Net income
FSS FY2018: $94MFSS FY2019: $108.5MFSS FY2020: $96.2MFSS FY2021: $100.6MFSS FY2022: $120.4MFSS FY2023: $157.4MFSS FY2024: $216.3MFSS FY2025: $246.6MVFS FY2023: -$2.4BVFS FY2024: -$3.2BFY18FY19FY20FY21FY22FY23FY24FY25
FSS $246.6MVFS -$3.2B
Net margin
FSS FY2018: 8.6%FSS FY2019: 8.9%FSS FY2020: 8.5%FSS FY2021: 8.3%FSS FY2022: 8.4%FSS FY2023: 9.1%FSS FY2024: 11.6%FSS FY2025: 11.3%VFS FY2023: -205.5%VFS FY2024: -175.5%FY18FY19FY20FY21FY22FY23FY24FY25
FSS 11.3%VFS -175.5%
Revenue growth
FSS FY2019: +12.1%FSS FY2020: -7.4%FSS FY2021: +7.3%FSS FY2022: +18.3%FSS FY2023: +20.1%FSS FY2024: +8.1%FSS FY2025: +17.1%VFS FY2024: +54.7%FY19FY20FY21FY22FY23FY24FY25
FSS +17.1%VFS +54.7%
Free cash flow
FSS FY2018: $78.7MFSS FY2019: $67.7MFSS FY2020: $106.5MFSS FY2021: $64.4MFSS FY2022: $18.8MFSS FY2023: $164.1MFSS FY2024: $190.7MFSS FY2025: $227.1MVFS FY2023: -$3.3BVFS FY2024: -$1.9BFY18FY19FY20FY21FY22FY23FY24FY25
FSS $227.1MVFS -$1.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about Federal Signal and VinFast Auto

Which is bigger by revenue, Federal Signal or VinFast Auto?

Federal Signal is bigger by revenue: $2.2B in fiscal 2025, against $1.8B for VinFast Auto in fiscal 2024.

Which keeps more of its revenue as profit, Federal Signal or VinFast Auto?

Federal Signal had a net margin of 11.3% in fiscal 2025; VinFast Auto had -175.5% in fiscal 2024.

Which grew revenue faster, Federal Signal or VinFast Auto?

In their latest fiscal years revenue changed by +17.1% at Federal Signal and +54.7% at VinFast Auto.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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