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      "text": "ADJ. EBITDA1\nADJ. EBITDA Margin¹\n$85\n$112\n$159\n$191\n$182\n$181\n$215\n$270\n12.0%\n12.4%\n14.6%\n15.7%\n16.1%\n14.9%\n15.0%\n16.2%\n2016\n2017\n2018\n2019\n2020\n2021\n2022\nLTM",
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      "text": "FEDERAL SIGNAL\nMoves. Cleans. Protects.",
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      "text": "Margin Targets:\nNew Consolidated EBITDA Margin Target: 14 – 20% (from: 12-16%)\nNew ESG EBITDA Margin Target: 17 – 22% (from: 15-18%)\nSSG EBITDA Margin Target: 17 – 21%",
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      "text": "1) Non-GAAP Measures. See Appendix for additional information, including reconciliation to GAAP measures.",
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