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Federal Signal FSS Operating 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$7.8B+2.4%
Enterprise value$8.32B+5.8%
P/E28.8×-5.6×
P/S3.3×-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:OperatingLeaseLiabilityNoncurrent.

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
Line itemMarch 31,2026December 31,2025
Other current liabilities72.561.0
Total current liabilities308.2282.4
Long-term borrowings and finance lease obligations548.6564.6
Long-term operating lease liabilities23.121.6
Long-term pension and other post-retirement benefit liabilities41.943.1
Deferred tax liabilities74.271.9
Other long-term liabilities23.927.0
Total liabilities1,019.91,010.6

Item 1. Financial Statements (Unaudited).

FAQ

What is Federal Signal's operating lease liabilities?
Federal Signal (FSS) reported operating lease liabilities of $23.1M in Q1 2026.
How has Federal Signal's operating lease liabilities changed year-over-year?
Federal Signal's operating lease liabilities increased by 8.5% year-over-year, from $21.3M to $23.1M.
What is the long-term trend for Federal Signal's operating lease liabilities?
Over 5 years (2020 to 2025), Federal Signal's operating lease liabilities has grown at a 6.9% compound annual growth rate (CAGR), from $15.5M to $21.6M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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