Federal Signal (FSS) Operating Leases (2019 - 2026)
Federal Signal (FSS) posted quarterly Operating Leases of $23.6 million for 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.
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.
- In Q2 2026, Operating Leases rose 16.26% year-over-year to $23.6 million; the TTM figure through Jun 2026 stood at $23.6 million (up 16.26% YoY), while the FY2025 annual figure was $21.6 million, down 47.95% from the prior year.
- Operating Leases climbed to $23.6 million in Q2 2026 per FSS's latest filing, from $23.1 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.
- Historically, Operating Leases has averaged $22.0 million across 5 years, with a median of $21.0 million in 2022.
- Annual changes were most pronounced in 2024 — Operating Leases jumped 78.11% — and 2025, when it slumped 47.95%.
- Federal Signal's Operating Leases stood at $27.4 million in 2022, then retreated by 14.96% to $23.3 million in 2023, then surged by 78.11% to $41.5 million in 2024, then plunged by 47.95% to $21.6 million in 2025, then gained by 9.26% to $23.6 million in 2026.
- Business Quant data shows FSS's Operating Leases at $23.6 million in Q2 2026, $23.1 million in Q1 2026, and $21.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn |
| 2 | Zurn Elkay Water Solutions | 8.15 Bn | 7.79 Bn | 288.30 Mn |
| 3 | Federal Signal | 7.49 Bn | 7.42 Bn | 203.80 Mn |
| 4 | Ceco Environmental | 3.12 Bn | 3.06 Bn | 86.47 Mn |
| 5 | PureCycle Technologies | 1.26 Bn | 1.26 Bn | - |
| 6 | Aduro Clean Technologies | 537.01 Mn | 508.34 Mn | - |
| 7 | Energy Recovery | 403.73 Mn | 310.67 Mn | 8.96 Mn |
| 8 | Arq | 95.78 Mn | 94.88 Mn | 11.51 Mn |
| 9 | Fuel Tech | 42.72 Mn | 23.11 Mn | 2.68 Mn |
| 10 | CleanCore Solutions | 33.98 Mn | 16.93 Mn | -419,259.00 |
Historic Data
Download 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 | 21.80 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 |