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Federal Signal FSS Finance Lease Liabilities

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Other financials

Income statement

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Revenue$625.6M+34.9%
Gross profit$179.4M+37.2%
Operating income$99.7M+51.8%
Net income$70.4M+52.1%
EPS (diluted)$1.14+52.0%

Balance sheet

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Cash & equivalents$71.4M+24.2%
Total debt$589.1M+80.7%
Total equity$1.4B+19.3%
Total assets$2.5B+30.6%

Cash flow

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Operating cash flow$101.3M+176%
CapEx$6.7M+19.6%
Free cash flow$94.6M+204%

Valuation

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Market cap$7.95B+4.3%
Enterprise value$8.46B+7.6%
P/E29.4×-5.0×
P/S3.4×-0.5×

Profitability

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Gross margin29%+0.2pp
Operating margin16%+0.6pp
Net margin11.6%+0.5pp
FCF margin12.4%+1.9pp

Returns & leverage

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Return on equity20.5%+1.7pp
Debt / equity0.4×+0.1×
Current ratio2.8×+0.5×

Where this comes from

Reported directly by Federal Signal in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiability.

The source filing: Federal Signal’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 3:19 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028312
(in millions)March 31,2026December 31, 2025
2025 Credit Agreement (a)$550.6$564.0
Finance lease obligations2.42.6
Total long-term borrowings and finance lease obligations, including current portion553.0566.6
Less: Current maturities2.5
Less: Current finance lease obligations0.50.5
Less: Unamortized debt issuance costs1.41.5
Total long-term borrowings and finance lease obligations, net$548.6$564.6

Item 1. Financial Statements (Unaudited).

FAQ

What is Federal Signal's finance lease liabilities?
Federal Signal (FSS) reported finance lease liabilities of $2.4M in Q1 2026.
How has Federal Signal's finance lease liabilities changed year-over-year?
Federal Signal's finance lease liabilities decreased by 79.1% year-over-year, from $11.5M to $2.4M.
What is the long-term trend for Federal Signal's finance lease liabilities?
Over 5 years (2020 to 2025), Federal Signal's finance lease liabilities has grown at a 39.3% compound annual growth rate (CAGR), from $400K to $2.1M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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