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Federal Signal FSS Rental equipment, net

Rental equipment, net at other companies

EquipmentShare.com, Inc.
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EquipmentShare.com, Inc. EQPT
$2.99B
Avis Budget Group logo
Avis Budget GroupCAR
$18.09B+3.3%
EquipmentShare.com, Inc.
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EquipmentShare.com, Inc. EQPT
$5M
EquipmentShare.com, Inc.
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$1M
United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
$38.03B+2.1%
Carvana logo
CarvanaCVNA
$2.82B+2.8%

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$7.23B+46.5%
Enterprise value$7.75B+49.1%
P/E26.7×+3.3×
P/S3.1×+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 fss:DepreciableRentalEquipmentAvailableforOperatingLeaseNet.

The official record: Federal Signal’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Federal Signal's rental equipment, net?
Federal Signal (FSS) reported rental equipment, net of $202.7M in Q4 2025.
How has Federal Signal's rental equipment, net changed year-over-year?
Federal Signal's rental equipment, net increased by 17.0% year-over-year, from $173.2M to $202.7M.
What is the long-term trend for Federal Signal's rental equipment, net?
Over 5 years (2020 to 2025), Federal Signal's rental equipment, net has grown at a 12.3% compound annual growth rate (CAGR), from $113.3M to $202.7M.
What does rental equipment, net mean?
This represents the net book value of specialized machinery and vehicles held by the company for rental purposes rather than direct sale. It reflects the capital intensity of the rental business model and the company's investment in fleet assets that generate recurring revenue. Monitoring this balance helps assess the age, utilization, and reinvestment cycle of the rental equipment portfolio.