Federal Signal (FSS) Operating Leases (2019 - 2026)
Federal Signal's (FSS) quarterly Operating Leases came in at $23.6 million in Q2 2026, up 16.26% year-over-year from $20.3 million in Q2 2025, and up 2.16% quarter-over-quarter from $23.1 million in Q1 2026.
Analysis
Federal Signal (FSS) Operating Leases (2019 - 2026) Analysis & Trends
Federal Signal (FSS) has reported Operating Leases for 8 consecutive years, with $23.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases rose 16.26% year-over-year to $23.6 million in Q2 2026; TTM through Jun 2026 was $23.6 million, a 16.26% increase from a year earlier, with the FY2025 full-year figure at $21.6 million, down 47.95% from the prior year.
- Operating Leases was $23.6 million for Q2 2026 at Federal Signal, up from $23.1 million in the prior quarter.
- Over five years, Operating Leases peaked at $41.5 million in Q4 2024 and troughed at $14.7 million in Q1 2024.
- A 5-year average of $22.0 million and a median of $21.0 million in 2022 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases soared 78.11% in 2024 and tumbled 47.95% in 2025, its largest moves.
- Over 5 years, Operating Leases stood at $27.4 million in 2022, then declined by 14.96% to $23.3 million in 2023, then soared by 78.11% to $41.5 million in 2024, then plunged by 47.95% to $21.6 million in 2025, then increased by 9.26% to $23.6 million in 2026.
- The last three Operating Leases figures came in at $23.6 million (Q2 2026), $23.1 million (Q1 2026), and $21.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 370.59 Bn | 363.87 Bn | 7.76 Bn |
| 2 | Cummins | 75.77 Bn | 71.10 Bn | 2.47 Bn |
| 3 | Paccar | 64.57 Bn | 55.91 Bn | 1.56 Bn |
| 4 | Borgwarner | 13.34 Bn | 10.89 Bn | 721.00 Mn |
| 5 | Allison Transmission Holdings | 10.59 Bn | 10.19 Bn | 515.00 Mn |
| 6 | Oshkosh | 9.21 Bn | 8.80 Bn | 480.30 Mn |
| 7 | Federal Signal | 6.90 Bn | 6.84 Bn | 203.80 Mn |
| 8 | Terex | 6.76 Bn | 6.35 Bn | 444.00 Mn |
| 9 | Dana | 3.31 Bn | 2.98 Bn | 210.00 Mn |
| 10 | Phinia | 2.45 Bn | 2.08 Bn | 216.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.60 Mn |
| 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 | 33.00 Mn |
| Sep 30, 2021 | 22.70 Mn |