Advanced Drainage Systems, Inc. WMS
Company Overview
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in the United States, Canada, and internationally. The company operates through Stormwater and Wastewater segments. The company offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems; EZflow synthetic aggregate bundles; wastewater purification through mechanical aeration wastewater; septic tanks and accessories; combined treatment and dispersal systems, including AeroFin, advanced enviro-septic, enviro-septic, and advanced treatment leachfield; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. In addition, the company provides PVC hubs, rubber sleeves, and stainless-steel bands; and channel drains, catch basins, grates, access boxes, and accessories engineered to capture, convey, and disperse stormwater. It offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of distribution centers. Advanced Drainage Systems, Inc. was incorporated in 1966 and is headquartered in Hilliard, Ohio.
Why Investors Should Care
Generates a return on equity of 25.1%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 16.0%.
Trades at a P/E of 27.4, below the sector median of 28.6.
Operating margin of 15.5% supports profitability.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of $3.05B (+5.0% YoY); net profit $426.46M.
- Trailing 12 Months Year-on-year growth — revenue +9.9%, earnings -58.0%.
- 5-Year Trend Long-term compounding — revenue CAGR -0.2%, profit CAGR -5.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -0.23% |
| 1 Year: | 9.90% |
Compounded Profit Growth
| 5 Years: | -5.61% |
| 1 Year: | -58.00% |
Stock Price Performance
| 1 Year: | +32.14% |
| 6 Months: | -4.10% |
| 3 Months: | +5.02% |
| 1 Month: | +0.35% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)56.80 · Neutral
P/E of 27.40 is below the sector median of 28.62 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 25.1%.
- Generates positive free cash flow.
CONS
- Revenue declined at -0.2% CAGR over 5 years.
- Earnings shrank at -5.6% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | WMS Advanced Drainage Systems, Inc. | 149.59 | 27.40 | $11.47B | 0.58% | 15.98% | 25.10% | -0.23% | -5.61% |
| 2 | UPS United Parcel Service, Inc. SPX | 104.22 | 16.86 | $77.81B | 5.77% | 13.69% | 33.35% | 3.27% | 16.05% |
| 3 | URI United Rentals, Inc. SPX | 1,079.26 | 27.59 | $67.61B | 0.73% | 15.26% | 28.24% | 11.41% | 5.82% |
| 4 | UAL United Airlines Holdings, Inc. SPX | 121.33 | 10.85 | $39.38B | 0.00% | 9.37% | 25.73% | 6.52% | - |
| 5 | ZTO ZTO Express (Cayman) Inc. | 23.69 | 14.02 | $13.13B | 2.87% | 15.37% | 14.88% | 11.54% | 10.07% |
| 6 | WSO Watsco, Inc. | 333.12 | 29.66 | $11.84B | 4.27% | 18.73% | 16.74% | -0.16% | -6.15% |
| 7 | SPXC SPX Technologies, Inc. R2K | 214.93 | 37.77 | $10.76B | 0.00% | 11.15% | 14.68% | -3.79% | -1.03% |
| 8 | GTLS Chart Industries, Inc. R2K | 209.90 | -203.79 | $10.05B | 0.00% | 4.67% | -0.93% | 10.74% | -3.82% |
| 9 | ZWS Zurn Elkay Water Solutions Corporation R2K | 52.76 | 32.77 | $8.75B | 0.87% | 11.92% | 16.92% | 0.73% | 5.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Jun 2021 | Sep 2021 | Dec 2021 | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 358.36M | 401.05M | 320.83M | 250.11M | 387.85M | 406.56M | 318.11M | 272.22M | 413.71M | 495.90M | 393.42M | 370.77M | 508.64M | 544.19M | 486.14M | 669.30M | 706.47M | 715.36M | 914.19M | 884.21M | 655.17M | 778.05M | 780.22M | 662.37M | 815.34M | 782.61M | 690.54M | 615.76M | 829.88M | 850.38M | 693.35M | 676.76M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 389.51M | 499.44M | 510.25M | 434.20M | 439.10M |
| Gross Profit | 74.48M | 86.53M | 74.84M | 49.50M | 96.61M | 90.51M | 69.44M | 39.25M | 86.74M | 89.80M | 77.83M | 48.12M | 99.69M | 95.37M | 72.40M | 59.50M | -62.16M | 146.52M | 123.36M | 108.75M | 188.50M | 205.86M | 168.50M | 201.12M | 200.06M | 208.98M | 352.11M | 319.96M | 223.92M | 331.46M | 302.68M | 259.85M | 332.45M | 293.94M | 241.59M | 226.25M | 330.44M | 340.13M | 259.15M | 237.66M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 105.84M | 117.67M | 132.76M | 122.24M | 156.30M |
| Operating Income | 31.17M | 35.63M | 31.23M | - | 35.46M | 43.26M | 21.18M | - | 31.50M | 34.43M | 27.20M | - | 51.06M | 46.75M | 24.90M | - | -200.35M | 57.22M | 41.02M | - | 107.10M | 121.57M | 82.96M | 109.27M | 111.56M | 110.31M | 251.61M | 217.59M | 124.49M | 245.45M | 198.04M | 153.27M | 226.22M | 187.38M | 126.86M | 120.41M | 212.77M | 207.37M | 136.91M | 81.36M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 171.56M | 262.68M | 286.00M | 196.84M | 124.39M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 22.73M | 23.03M | 23.12M | 22.58M | 25.14M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 99.22M | 189.42M | 208.19M | 122.74M | 39.43M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23.17M | 46.67M | 52.40M | 30.56M | 5.36M |
| Net Income | 11.69M | 12.35M | 13.13M | -12.12M | 18.27M | 23.73M | 9.05M | -18.11M | 17.74M | 17.86M | 32.10M | -5.70M | 32.28M | 28.67M | 15.81M | 1.01M | -226.36M | 7.59M | 23.29M | 2.31M | 70.47M | 80.24M | 53.77M | 75.99M | 75.36M | 73.68M | 187.15M | 152.01M | 82.04M | 173.65M | 135.80M | 105.64M | 161.40M | 130.38M | 81.23M | 77.16M | 143.92M | 156.02M | 93.63M | 32.90M |
| Diluted EPS | 0.19 | 0.19 | 0.21 | -0.24 | 0.29 | 0.38 | 0.14 | -0.34 | 0.28 | 0.29 | 0.51 | -0.11 | 0.51 | 0.45 | 0.25 | 0.01 | -4.06 | 0.10 | 0.28 | 0.01 | 0.83 | 0.93 | 0.62 | 0.87 | 0.88 | 0.86 | 2.22 | 1.80 | 0.99 | 2.18 | 1.71 | 1.34 | 2.06 | 1.67 | 1.04 | 0.99 | 1.84 | 1.99 | 1.19 | 0.42 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.02B | 1.07B | 1.18B | 1.29B | 1.26B | 1.33B | 1.38B | 1.67B | 1.98B | - | 3.07B | 2.87B | 2.90B | 3.05B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | 1.95B | 1.73B | 1.81B | 1.88B |
| Gross Profit | 187.96M | 192.55M | 205.11M | 285.35M | 295.81M | 302.48M | 326.97M | 316.48M | 690.08M | - | 1.12B | 1.15B | 1.09B | 1.17B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | 394.70M | 422.18M | 432.95M | 528.97M |
| Operating Income | 57.48M | 51.46M | 38.66M | 94.33M | 76.33M | 88.25M | 129.41M | -95.35M | 344.52M | - | 723.71M | 723.77M | 661.29M | 638.41M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | 872.43M | 910.52M | 864.55M | 869.92M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | 70.18M | 88.86M | 91.80M | 93.87M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | 657.10M | 666.75M | 589.47M | 559.79M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | 150.59M | 159.00M | 141.06M | 134.99M |
| Net Income | 20.66M | 7.73M | -7.83M | 25.05M | 62.01M | 62.01M | 77.77M | -193.17M | 224.23M | - | 507.09M | 509.92M | 450.17M | 426.46M |
| Diluted EPS | 0.27 | -0.14 | -0.38 | 0.39 | 0.99 | 0.99 | 1.22 | -3.21 | 2.59 | - | 6.08 | 6.45 | 5.76 | 5.44 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 950.76M | 982.49M | 1.03B | 1.04B | 1.05B | 1.04B | 1.04B | 2.37B | 2.41B | - | 2.90B | 3.27B | 3.69B | 4.51B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | 1.02B | 1.30B | 1.32B | 1.23B |
| Cash & Equivalents | 2.08M | 1.36M | 3.93M | 3.62M | 6.55M | 6.45M | 17.59M | 8.89M | 174.23M | 195.01M | - | 217.13M | 490.16M | 463.32M | 223.01M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | 463.99M | 464.20M | 488.27M | 543.38M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | 304.97M | 313.51M | 314.01M | 354.38M |
| Total Liabilities | - | - | 761.32M | 726.58M | 723.08M | 695.85M | 609.43M | 541.52M | 1.59B | 1.35B | - | 1.91B | 1.99B | 2.05B | 2.55B |
| Current Liabilities | - | - | 185.55M | 197.60M | 252.18M | 255.75M | 221.24M | 206.28M | 238.21M | 318.27M | - | 378.80M | 439.62M | 398.40M | 509.47M |
| Long Term Debt | - | - | 442.89M | 390.31M | 312.21M | 310.85M | 270.90M | 208.60M | 1.09B | 782.22M | - | 1.27B | 1.26B | 1.25B | 1.61B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | 1.34B | 1.37B | 1.45B | 1.79B |
| Total Equity | -275.69M | - | -433.29M | 183.67M | 187.46M | 222.70M | 307.60M | 384.33M | 525.72M | 819.78M | - | 977.37M | 1.26B | 1.62B | 1.93B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | 88.49M | 88.97M | 89.45M | 89.85M |
Cash Flows (Annual)
Figures in USD.
| Metric | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 75.35M | 72.41M | 74.38M | - | 104.24M | 137.12M | 151.68M | 306.19M | 452.22M | - | 707.81M | 717.93M | 581.49M | 819.05M |
| Investing Cash Flow | - | - | - | - | -61.26M | -30.45M | -42.54M | -1.15B | -77.87M | - | -214.48M | -155.66M | -447.87M | -1.21B |
| Financing Cash Flow | - | - | - | - | -42.83M | -94.95M | -117.66M | 1.01B | -354.58M | - | -296.28M | -284.34M | -157.73M | 156.32M |
| Capital Expenditure | -38.76M | -40.93M | -32.08M | -44.94M | -46.68M | -41.71M | -43.41M | -67.68M | -78.76M | - | -166.91M | -183.81M | -212.94M | -249.77M |
| Free Cash Flow | 36.60M | 31.48M | 42.30M | - | 57.56M | 95.41M | 108.27M | 238.51M | 373.46M | - | 540.90M | 534.12M | 368.55M | 569.29M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | 197.06M | 277.92M | -24.10M | -236.45M |
| Share Buybacks | 249.00K | 1.06M | 3.00K | - | - | 7.95M | - | 0 | 0 | 292.00M | 575.03M | 207.31M | 69.92M | 91.96M |
| Dividends Paid | 6.16M | 115.06M | 7.87M | 16.24M | 16.82M | 18.48M | 26.15M | 92.13M | 32.16M | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 18.5% | 18.0% | 17.4% | 22.1% | 23.5% | 22.7% | 23.6% | 18.9% | 34.8% | - | 36.4% | 39.9% | 37.7% | 38.3% |
| Operating Margin % | 5.7% | 4.8% | 3.3% | 7.3% | 6.1% | 6.6% | 9.3% | -5.7% | 17.4% | - | 23.6% | 25.2% | 22.8% | 20.9% |
| Net Margin % | 2.0% | 0.7% | -0.7% | 1.9% | 4.9% | 4.7% | 5.6% | -11.5% | 11.3% | - | 16.5% | 17.7% | 15.5% | 14.0% |
| ROE % | - | -1.8% | -4.3% | 13.4% | 27.8% | 20.2% | 20.2% | -36.7% | 27.4% | - | 51.9% | 40.4% | 27.8% | 22.1% |
| ROCE % | - | 6.5% | 4.6% | 12.0% | 9.7% | 10.7% | 15.5% | -4.5% | 16.4% | - | 28.7% | 25.6% | 20.1% | 16.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 9.68% | 7.42M | $1.08B |
| 2 | Vanguard Portfolio Management LLC | 4.72% | 3.62M | $524.82M |
| 3 | Vanguard Capital Management LLC | 4.47% | 3.42M | $496.95M |
| 4 | State Street Corporation | 3.25% | 2.49M | $361.36M |
| 5 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 3.20% | 2.45M | $355.64M |
| 6 | BAILLIE GIFFORD & CO | 2.67% | 2.05M | $297.17M |
| 7 | First Trust Advisors LP | 2.67% | 2.04M | $296.69M |
| 8 | Impax Asset Management Group plc | 2.51% | 1.93M | $279.78M |
| 9 | American Century Companies Inc | 2.16% | 1.66M | $240.62M |
| 10 | Geode Capital Management, LLC | 1.75% | 1.34M | $195.20M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for WMS
Latham Group (SWIM) Q2 Earnings Lag Estimates
Latham Group (SWIM) delivered earnings and revenue surprises of -29.41% and +3.93%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Simpson Manufacturing (SSD) Beats Q2 Earnings and Revenue Estimates
Simpson Manufacturing (SSD) delivered earnings and revenue surprises of +13.60% and +1.85%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
1 Mid-Cap Stock with Impressive Fundamentals and 2 We Avoid
Mid-cap stocks often strike the right balance between having proven business models and market opportunities that can support $100 billion corporations. However, they face intense competition from scaled industry giants and can be disrupted…
J vs. WMS: Which Stock Is the Better Value Option?
J vs. WMS: Which Stock Is the Better Value Option?
3 of Wall Street’s Favorite Stocks with Questionable Fundamentals
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek …
Advanced Drainage Systems Shareholders Approve Board, Auditor and Pay at Annual Meeting
Advanced Drainage Systems (NYSE:WMS) held its annual meeting of stockholders virtually, with shareholders approving all three proposals presented by the company, according to meeting remarks from President and CEO D. Scott Barbour and Secre…
WMS — Frequently Asked Questions
What is the current share price of Advanced Drainage Systems, Inc. (WMS)?
As of 2026-08-05 17:25 PDT, Advanced Drainage Systems, Inc. (WMS) trades at $149.59 on NYSE. Its 52-week range is $112.49 to $174.94.
What is the market capitalisation of WMS?
Advanced Drainage Systems, Inc. (WMS) has a market capitalisation of $11.47B on NYSE.
What is the P/E ratio of WMS?
WMS trades at a trailing price-to-earnings (P/E) ratio of 27.40. The industry average P/E is 28.62. Its price-to-book (P/B) ratio is 5.67.
Does WMS pay a dividend?
Advanced Drainage Systems, Inc. (WMS) currently offers a dividend yield of 0.58%.
What is the return on equity (ROE) of WMS?
WMS has a return on equity (ROE) of 25.10%. Its return on capital employed (ROCE) is 15.98%.
Is WMS a good stock to buy?
This page provides a data-driven analysis of Advanced Drainage Systems, Inc. (WMS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.