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% quarter-over-quarter from $21.6 million in Q4 2025.
Federal Signal (FSS) Operating Leases (2019 - 2026) Analysis & Trends
Federal Signal (FSS) has 8 years of Operating Leases data on file, last reported at $23.1 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $23.1 million, up 8.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $23.1 million (up 8.45% YoY), and the FY2025 annual result was $21.6 million, down 47.95% from the prior year.
- Operating Leases advanced to $23.1 million in Q1 2026 per FSS's latest filing, from $21.6 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 $21.9 million and a median of $20.7 million in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2024 and 2025: Operating Leases jumped 78.11% in 2024, then slumped 47.95% in 2025.
- A 5-year view of Operating Leases shows it stood at $27.4 million in 2022, then fell by 14.96% to $23.3 million in 2023, then jumped by 78.11% to $41.5 million in 2024, then tumbled by 47.95% to $21.6 million in 2025, then gained by 6.94% to $23.1 million in 2026.
- Business Quant data shows FSS's Operating Leases at $23.1 million in Q1 2026, $21.6 million in Q4 2025, and $22.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Aduro Clean Technologies | 856.39 Bn | 856.36 Bn | - |
| 2 | Veralto | 20.76 Bn | 19.33 Bn | 854.00 Mn |
| 3 | Zurn Elkay Water Solutions | 8.35 Bn | 8.08 Bn | 205.80 Mn |
| 4 | Federal Signal | 7.20 Bn | 7.13 Bn | 179.40 Mn |
| 5 | Ceco Environmental | 3.52 Bn | 3.48 Bn | 63.92 Mn |
| 6 | PureCycle Technologies | 1.57 Bn | 1.47 Bn | - |
| 7 | Energy Recovery | 497.64 Mn | 411.49 Mn | 2.70 Mn |
| 8 | CleanCore Solutions | 210.18 Mn | 193.13 Mn | -419,259.00 |
| 9 | Arq | 118.94 Mn | 114.26 Mn | 9.94 Mn |
| 10 | 374Water | 38.06 Mn | 38.06 Mn | -2.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |