Growth Metrics

Federal Signal (FSS) Debt Ratio (2010 - 2026)

Federal Signal (FSS) reported Debt Ratio of 0.22 for Q1 2026, up 52.48% year-over-year from 0.15 in Q1 2025, and down 4.85% on a QoQ basis from 0.24 in Q4 2025.

Federal Signal (FSS) has 17 years of Debt Ratio data on file, last reported at 0.22 in Q1 2026.

  • Quarterly Debt Ratio rose 52.48% year-over-year to 0.22 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.22 (up 52.48% YoY) and the FY2025 annual result came in at 0.24, up 86.29% from the prior year.
  • Debt Ratio retreated to 0.22 in Q1 2026 per FSS's latest filing, from 0.24 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.25 in Q2 2023 and bottomed at 0.11 in Q3 2025.
  • The 5-year median for Debt Ratio is 0.22 (2023), against an average of 0.19.
  • The widest annual swing landed in 2024, when Debt Ratio plunged 39.64%; it then soared 86.29% in 2025.
  • Tracing FSS's Debt Ratio over 5 years: stood at 0.24 in 2022, then slipped by 22.52% to 0.18 in 2023, then plunged by 31.29% to 0.13 in 2024, then soared by 86.29% to 0.24 in 2025, then decreased by 4.85% to 0.22 in 2026.
  • Per Business Quant, the three latest FSS Debt Ratio figures stand at 0.22 (Q1 2026), 0.24 (Q4 2025), and 0.11 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Veralto 20.72 Bn 19.29 Bn 854.00 Mn 0.35
2 Zurn Elkay Water Solutions 7.83 Bn 7.56 Bn 205.80 Mn 0.19
3 Federal Signal 6.47 Bn 6.40 Bn 179.40 Mn 0.22
4 Ceco Environmental 2.82 Bn 2.78 Bn 63.92 Mn 0.25
5 PureCycle Technologies 2.21 Bn 2.11 Bn - 0.31
6 Euro Tech Holdings 1.36 Bn 1.34 Bn - 0.03
7 Energy Recovery 421.81 Mn 335.66 Mn 2.70 Mn -
8 CleanCore Solutions 173.22 Mn 156.17 Mn -419,259.00 0.09
9 Arq 116.43 Mn 111.76 Mn 9.94 Mn 0.13
10 374Water 42.95 Mn 42.95 Mn -2.43 Mn 0.06

Historic Data

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DateValue
Mar 31, 2026 0.22
Dec 31, 2025 0.24
Sep 30, 2025 0.11
Jun 30, 2025 0.14
Mar 31, 2025 0.15
Dec 31, 2024 0.13
Sep 30, 2024 0.13
Jun 30, 2024 0.15
Mar 31, 2024 0.16
Dec 31, 2023 0.18
Sep 30, 2023 0.22
Jun 30, 2023 0.25
Mar 31, 2023 0.24
Dec 31, 2022 0.24
Sep 30, 2022 0.23
Jun 30, 2022 0.23
Mar 31, 2022 0.23
Dec 31, 2021 0.21
Sep 30, 2021 0.19
Jun 30, 2021 0.17
Mar 31, 2021 0.18
Dec 31, 2020 0.17
Sep 30, 2020 0.20
Jun 30, 2020 0.20
Mar 31, 2020 0.23
Dec 31, 2019 0.19
Sep 30, 2019 0.21
Jun 30, 2019 0.19
Mar 31, 2019 0.20
Dec 31, 2018 0.21
Sep 30, 2018 0.22
Jun 30, 2018 0.24
Mar 31, 2018 0.27
Dec 31, 2017 0.28
Sep 30, 2017 0.28
Jun 30, 2017 0.29
Mar 31, 2017 0.10
Dec 31, 2016 0.10
Sep 30, 2016 0.10
Jun 30, 2016 0.10
Mar 31, 2016 0.00
Dec 31, 2015 0.07
Sep 30, 2015 0.07
Jun 30, 2015 0.07
Mar 31, 2015 0.07
Dec 31, 2014 0.08
Sep 30, 2014 0.11
Jun 30, 2014 0.11
Mar 31, 2014 0.12
Dec 31, 2013 0.14
Sep 30, 2013 0.19
Jun 30, 2013 0.22
Mar 31, 2013 0.27
Dec 31, 2012 0.25
Sep 30, 2012 0.26
Jun 30, 2012 0.32
Mar 31, 2012 0.31
Dec 31, 2011 0.30
Sep 30, 2011 0.06
Jun 30, 2011 0.06
Dec 31, 2010 0.34