Growth Metrics

Federal Signal (FSS) Operating Leases (2019 - 2026)

Federal Signal (FSS) reported Operating Leases of $23.1 million for Q1 2026, up 8.45% year-over-year from $21.3 million in Q1 2025, and up 6.94% on a QoQ basis from $21.6 million in Q4 2025.

Federal Signal (FSS) has 8 years of Operating Leases data on file, last reported at $23.1 million in Q1 2026.

  • Quarterly Operating Leases rose 8.45% year-over-year to $23.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $23.1 million (up 8.45% YoY) and the FY2025 annual result came in at $21.6 million, down 47.95% from the prior year.
  • Operating Leases climbed to $23.1 million in Q1 2026 per FSS's latest filing, from $21.6 million in the prior quarter.
  • Across five years, Operating Leases topped out at $41.5 million in Q4 2024 and bottomed at $14.7 million in Q1 2024.
  • The 5-year median for Operating Leases is $20.7 million (2022), against an average of $21.9 million.
  • The widest annual swing landed in 2024, when Operating Leases surged 78.11%; it then plunged 47.95% in 2025.
  • Tracing FSS's Operating Leases over 5 years: stood at $27.4 million in 2022, then dropped by 14.96% to $23.3 million in 2023, then surged by 78.11% to $41.5 million in 2024, then sank by 47.95% to $21.6 million in 2025, then increased by 6.94% to $23.1 million in 2026.
  • Per Business Quant, the three latest FSS Operating Leases figures stand at $23.1 million (Q1 2026), $21.6 million (Q4 2025), and $22.7 million (Q3 2025).

Peer Comparison

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

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 23.10 Mn
Dec 31, 2025 21.60 Mn
Sep 30, 2025 22.70 Mn
Jun 30, 2025 20.30 Mn
Mar 31, 2025 21.30 Mn
Dec 31, 2024 41.50 Mn
Sep 30, 2024 20.70 Mn
Jun 30, 2024 21.30 Mn
Mar 31, 2024 14.70 Mn
Dec 31, 2023 23.30 Mn
Sep 30, 2023 17.00 Mn
Jun 30, 2023 18.30 Mn
Mar 31, 2023 19.40 Mn
Dec 31, 2022 27.40 Mn
Sep 30, 2022 19.10 Mn
Jun 30, 2022 20.70 Mn
Mar 31, 2022 19.70 Mn
Dec 31, 2021 22.10 Mn
Sep 30, 2021 22.70 Mn
Jun 30, 2021 23.80 Mn
Mar 31, 2021 25.80 Mn
Dec 31, 2020 15.50 Mn
Sep 30, 2020 16.20 Mn
Jun 30, 2020 18.30 Mn
Mar 31, 2020 19.80 Mn
Dec 31, 2019 21.60 Mn
Sep 30, 2019 21.90 Mn
Jun 30, 2019 19.40 Mn
Mar 31, 2019 21.00 Mn