Advanced Drainage Systems, Inc. WMS R3K
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 26.4%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 16.0%.
Net profit has compounded at 28.7% per year over the last five years.
Trades at a P/E of 23.1, below the sector median of 26.0.
Operating margin of 26.3% 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 +20.6%, earnings +18.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 9.6%, profit CAGR 28.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 9.58% |
| 1 Year: | 20.60% |
Compounded Profit Growth
| 5 Years: | 28.70% |
| 1 Year: | 18.80% |
Stock Price Performance
| 1 Year: | -5.30% |
| 6 Months: | -6.83% |
| 3 Months: | +4.44% |
| 1 Month: | -8.43% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)42.89 · Neutral
P/E of 23.12 is below the sector median of 26.00 — 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 26.4%.
- Profit CAGR of 28.7% over 5 years.
- Generates positive free cash flow.
CONS
- 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. R3K | 135.73 | 23.12 | $10.23B | 0.64% | 15.98% | 26.35% | 9.58% | 28.70% |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 153.47 | -139.52 | $1.16T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 822.48 | 35.47 | $378.07B | 0.79% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 334.91 | 39.40 | $347.49B | 0.60% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 198.81 | 35.06 | $267.95B | 1.51% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 971.31 | 27.86 | $258.69B | 0.22% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 680.73 | 37.88 | $183.54B | 0.95% | 12.53% | 18.24% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 288.45 | 23.38 | $171.36B | 2.01% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 210.73 | 75.80 | $166.43B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | 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 | Jun 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 | 1.00B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 389.51M | 499.44M | 510.25M | 434.20M | 439.10M | - |
| Gross Profit | 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 | 408.05M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 105.84M | 117.67M | 132.76M | 122.24M | 156.30M | - |
| Operating Income | 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 | 254.55M |
| 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 | 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 | 168.52M |
| Diluted EPS | 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 | 2.19 |
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. | 9.91% | 7.47M | $941.59M |
| 2 | Vanguard Portfolio Management LLC | 4.91% | 3.71M | $467.08M |
| 3 | Vanguard Capital Management LLC | 4.51% | 3.40M | $428.20M |
| 4 | State Street Corporation | 3.57% | 2.69M | $339.54M |
| 5 | First Trust Advisors LP | 3.53% | 2.66M | $335.39M |
| 6 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 3.11% | 2.35M | $295.79M |
| 7 | Impax Asset Management Group plc | 2.45% | 1.85M | $232.68M |
| 8 | BAILLIE GIFFORD & CO | 2.43% | 1.84M | $231.34M |
| 9 | American Century Companies Inc | 2.17% | 1.63M | $206.00M |
| 10 | Morgan Stanley | 1.85% | 1.39M | $175.69M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for WMS
Q2 Earnings Highlights: Advanced Drainage (NYSE:WMS) Vs The Rest Of The HVAC and Water Systems Stocks
The end of the earnings season is always a good time to take a step back and see who shined (and who didn’t). Let’s take a look at how HVAC and water systems stocks fared in Q2, starting with Advanced Drainage (NYSE:WMS).…
Advanced Drainage’s Q2 Earnings Call: Our Top 5 Analyst Questions
Advanced Drainage delivered quarterly results that exceeded Wall Street’s revenue and non-GAAP earnings expectations, supported by robust execution in both its Stormwater and Wastewater segments. Management credited the company’s performanc…
Here are the Compelling Reasons to Own Advanced Drainage Systems (WMS)
Baron Capital, an investment management company, released its Q2 2026 investor letter for the “Baron Discovery Fund”. A copy of the letter is available to download here. Baron Discovery Fund appreciated by 19.08% (Institutional Shares) in t…
Advanced Drainage Systems Q1 Earnings Call Highlights
Advanced Drainage Systems (NYSE:WMS) reported first-quarter fiscal 2027 net sales of $1 billion, up 21% from a year earlier, as organic growth, the contribution from NDS and customer purchases ahead of price increases supported results. The…
Advanced Drainage Systems Poised for More Outperformance After 'Strong' Fiscal Q1, RBC Says
Advanced Drainage Systems (WMS) is poised to continue its outperformance after "strong" fiscal Q1 re
Is Advanced Drainage Systems (WMS) Undervalued After Earnings, A Dividend Hike And Buybacks?
Advanced Drainage Systems (WMS) drew investor attention on 6 August 2026 after reporting first quarter results, a higher quarterly dividend, and updates on share repurchases and fiscal 2027 sales guidance. See our latest analysis for Advanc…
WMS — Frequently Asked Questions
What is the current share price of Advanced Drainage Systems, Inc. (WMS)?
As of 2026-09-19 21:16 PDT, Advanced Drainage Systems, Inc. (WMS) trades at $135.73 on NYSE. Its 52-week range is $129.31 to $174.69.
What is the market capitalisation of WMS?
Advanced Drainage Systems, Inc. (WMS) has a market capitalisation of $10.23B on NYSE.
What is the P/E ratio of WMS?
WMS trades at a trailing price-to-earnings (P/E) ratio of 23.12. The industry average P/E is 26.00. Its price-to-book (P/B) ratio is 5.02.
Does WMS pay a dividend?
Advanced Drainage Systems, Inc. (WMS) currently offers a dividend yield of 0.64%.
What is the return on equity (ROE) of WMS?
WMS has a return on equity (ROE) of 26.35%. 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.