Growth Metrics

Federal Signal (FSS) Debt to Equity (2010 - 2026)

Federal Signal (FSS) reported Debt to Equity of $0.38 for Q1 2026, up 66.91% year-over-year from $0.23 in Q1 2025, and down 5.96% on a QoQ basis from $0.41 in Q4 2025.

Federal Signal (FSS) has 17 years of Debt to Equity data on file, last reported at $0.38 in Q1 2026.

  • Quarterly Debt to Equity rose 66.91% year-over-year to $0.38 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.38 (up 66.91% YoY) and the FY2025 annual result came in at $0.41, up 116.71% from the prior year.
  • Debt to Equity eased to $0.38 in Q1 2026 per FSS's latest filing, from $0.41 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.44 in Q2 2023 and bottomed at $0.16 in Q3 2025.
  • The 5-year median for Debt to Equity is $0.38 (2023), against an average of $0.32.
  • The widest annual swing landed in 2024, when Debt to Equity plunged 47.58%; it then surged 116.71% in 2025.
  • Tracing FSS's Debt to Equity over 5 years: stood at $0.42 in 2022, then dropped by 29.22% to $0.3 in 2023, then slumped by 36.77% to $0.19 in 2024, then soared by 116.71% to $0.41 in 2025, then decreased by 5.96% to $0.38 in 2026.
  • Per Business Quant, the three latest FSS Debt to Equity figures stand at $0.38 (Q1 2026), $0.41 (Q4 2025), and $0.16 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Veralto 20.72 Bn 19.29 Bn 854.00 Mn 0.89
2 Zurn Elkay Water Solutions 7.83 Bn 7.56 Bn 205.80 Mn 0.31
3 Federal Signal 6.47 Bn 6.40 Bn 179.40 Mn 0.38
4 Ceco Environmental 2.82 Bn 2.78 Bn 63.92 Mn 0.81
5 PureCycle Technologies 2.21 Bn 2.11 Bn - 36.77
6 Euro Tech Holdings 1.36 Bn 1.34 Bn - 0.42
7 Energy Recovery 421.81 Mn 335.66 Mn 2.70 Mn -
8 CleanCore Solutions 173.22 Mn 156.17 Mn -419,259.00 0.10
9 Arq 116.43 Mn 111.76 Mn 9.94 Mn 0.17
10 374Water 42.95 Mn 42.95 Mn -2.43 Mn 0.10

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.38
Dec 31, 2025 0.41
Sep 30, 2025 0.16
Jun 30, 2025 0.21
Mar 31, 2025 0.23
Dec 31, 2024 0.19
Sep 30, 2024 0.20
Jun 30, 2024 0.23
Mar 31, 2024 0.26
Dec 31, 2023 0.30
Sep 30, 2023 0.38
Jun 30, 2023 0.44
Mar 31, 2023 0.43
Dec 31, 2022 0.42
Sep 30, 2022 0.40
Jun 30, 2022 0.40
Mar 31, 2022 0.42
Dec 31, 2021 0.36
Sep 30, 2021 0.33
Jun 30, 2021 0.30
Mar 31, 2021 0.31
Dec 31, 2020 0.30
Sep 30, 2020 0.35
Jun 30, 2020 0.37
Mar 31, 2020 0.44
Dec 31, 2019 0.34
Sep 30, 2019 0.41
Jun 30, 2019 0.36
Mar 31, 2019 0.40
Dec 31, 2018 0.40
Sep 30, 2018 0.43
Jun 30, 2018 0.50
Mar 31, 2018 0.57
Dec 31, 2017 0.61
Sep 30, 2017 0.67
Jun 30, 2017 0.70
Mar 31, 2017 0.16
Dec 31, 2016 0.16
Sep 30, 2016 0.16
Jun 30, 2016 0.17
Mar 31, 2016 0.00
Dec 31, 2015 0.11
Sep 30, 2015 0.12
Jun 30, 2015 486.00
Mar 31, 2015 467.00
Dec 31, 2014 0.14
Sep 30, 2014 0.18
Jun 30, 2014 0.19
Mar 31, 2014 0.22
Dec 31, 2013 0.26
Sep 30, 2013 0.44
Jun 30, 2013 0.54
Mar 31, 2013 1.12
Dec 31, 2012 1.04
Sep 30, 2012 1.00
Jun 30, 2012 1.38
Mar 31, 2012 1.27
Dec 31, 2011 1.22
Sep 30, 2011 0.18
Jun 30, 2011 0.19
Dec 31, 2010 1.18