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| 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 |
| 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 |