ADVANCED DRAINAGE SYSTEMS, INC.
WMSNYSE
$147.55
↓ -2.5%Jul 17 close · end-of-day
Price
1Y↑ +33.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$11.6B
Enterprise Value
$13.0B
P/E
27.1
P/S
3.8
P/B
6.2
EV/EBITDA
15.5
PEG
—
FCF Yield
4.9%
Dividend Yield
—
Revenue (TTM)
$3.1B
Net Income (TTM)
$429.0M
Free Cash Flow (TTM)
$569.3M
Gross Margin
38.3%
Operating Margin
20.3%
Net Margin
14.1%
ROE
23.1%
ROIC
14.5%
Debt / Equity
0.9
Net Cash
-$1.4B
Return 1Y
+31.7%
Company profile
Advanced Drainage Systems designs, manufactures, and markets thermoplastic corrugated pipes and related water management products. The company also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage.
- CEO
- D. Scott Barbour
- Sector
- Manufacturing
- Industry
- Rubber And Plastic Products
- Employees
- 5,640
- Headquarters
- Ohio
- Website
- adspipe.com
Management & directors
- Barbour D. ScottSee Remarks
- Cottrill Scott AEVP, CFO AND SECRETARY
- Coyle Patrick M. JrSee Remarks
- King Brian W.Executive Vice President
- Makowski Tim ASee Remarks
- Martz BretSee Remarks
- Talley Kevin CEVP and CAO
- Taylor Craig J.Executive Vice President
- Waun Thomas J. Sr.EVP, International
Roles derived from SEC Form 4 filings.
Earnings
WMS Q4 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$676.8M↑ +9.9%
Diluted EPS$0.42↓ -57.6%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|
| Revenue | $2.0B | $2.8B | $3.1B | $2.9B | $2.9B | $3.1B |
| Gross profit | $690.1M | $800.4M | $1.1B | $1.1B | $1.1B | $1.2B |
| Operating income | $344.5M | $411.9M | $719.3M | $732.1M | $657.4M | $619.2M |
| Net income | $224.2M | $275.0M | $511.0M | $513.0M | $453.0M | $429.0M |
| Diluted EPS | $2.59 | $3.15 | $6.08 | $6.45 | $5.76 | $5.44 |
| Operating cash flow | $452.2M | $274.9M | $707.8M | $717.9M | $581.5M | $819.1M |
| Free cash flow | $373.5M | $125.8M | $540.9M | $534.1M | $368.5M | $569.3M |
| Gross margin | 34.8% | 28.9% | 36.4% | 39.9% | 37.7% | 38.3% |
| Operating margin | 17.4% | 14.9% | 23.4% | 25.5% | 22.6% | 20.3% |
| Net margin | 11.3% | 9.9% | 16.6% | 17.8% | 15.6% | 14.1% |
| Line item | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $815.3M | $782.6M | $690.5M | $615.8M | $829.9M | $850.4M | $693.4M | $676.8M |
| Gross profit | $332.5M | $293.9M | $241.6M | $226.3M | $330.4M | $340.1M | $259.2M | $237.7M |
| Operating income | $226.2M | $187.4M | $126.9M | $117.0M | $205.7M | $223.3M | $136.8M | $53.3M |
| Net income | $161.4M | $130.4M | $81.2M | $80.0M | $143.9M | $156.0M | $93.6M | $35.4M |
| Diluted EPS | $2.06 | $1.67 | $1.04 | $0.99 | $1.84 | $1.99 | $1.19 | $0.42 |
| Operating cash flow | $183.4M | $166.9M | $189.9M | $41.2M | $275.0M | $234.9M | $269.3M | $39.9M |
| Free cash flow | $125.7M | $112.4M | $135.7M | -$5.3M | $222.4M | $176.4M | $183.6M | -$13.1M |
| Gross margin | 40.8% | 37.6% | 35.0% | 36.7% | 39.8% | 40.0% | 37.4% | 35.1% |
| Operating margin | 27.7% | 23.9% | 18.4% | 19.0% | 24.8% | 26.3% | 19.7% | 7.9% |
| Net margin | 19.8% | 16.7% | 11.8% | 13.0% | 17.3% | 18.3% | 13.5% | 5.2% |
Company news
Jul 17, 2026
Jun 22, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-12 | BARBOUR D. SCOTT· See Remarks | J | 511 | $135.72 | $69,352.92 | filing |
| 2026-06-12 | BARBOUR D. SCOTT· See Remarks | J | 511 | $135.72 | $69,352.92 | filing |
| 2026-05-26 | Martz Bret· See Remarks | Award | 1,252 | $0.00 | $0.00 | filing |
| 2026-05-26 | TALLEY KEVIN C· EVP and CAO | Award | 1,217 | $0.00 | $0.00 | filing |
| 2026-05-26 | Cottrill Scott A· EVP, CFO AND SECRETARY | Award | 2,503 | $0.00 | $0.00 | filing |
| 2026-05-26 | BARBOUR D. SCOTT· See Remarks | Award | 9,036 | $0.00 | $0.00 | filing |
| 2026-05-26 | Coyle Patrick M. Jr· See Remarks | Award | 1,252 | $0.00 | $0.00 | filing |
| 2026-05-26 | KING BRIAN W.· Executive Vice President | Award | 950 | $0.00 | $0.00 | filing |
| 2026-05-26 | MAKOWSKI TIM A· See Remarks | Award | 847 | $0.00 | $0.00 | filing |
| 2026-05-26 | TAYLOR CRAIG J.· Executive Vice President | Award | 1,530 | $0.00 | $0.00 | filing |
| 2026-05-22 | BARBOUR D. SCOTT· See Remarks | Tax withholding | 1,898 | $133.00 | $252,434.00 | filing |
| 2026-05-22 | Cottrill Scott A· EVP, CFO AND SECRETARY | Tax withholding | 604 | $133.00 | $80,332.00 | filing |
| 2026-05-22 | TALLEY KEVIN C· EVP and CAO | Tax withholding | 324 | $133.00 | $43,092.00 | filing |
| 2026-05-22 | KING BRIAN W.· Executive Vice President | Tax withholding | 230 | $133.00 | $30,590.00 | filing |
| 2026-05-22 | TAYLOR CRAIG J.· Executive Vice President | Tax withholding | 152 | $133.00 | $20,216.00 | filing |
| 2026-05-22 | MAKOWSKI TIM A· See Remarks | Tax withholding | 129 | $133.00 | $17,157.00 | filing |
| 2026-05-22 | Coyle Patrick M. Jr· See Remarks | Tax withholding | 112 | $133.00 | $14,896.00 | filing |
| 2026-05-20 | BARBOUR D. SCOTT· See Remarks | Tax withholding | 1,130 | $136.83 | $154,617.90 | filing |
| 2026-05-20 | Cottrill Scott A· EVP, CFO AND SECRETARY | Tax withholding | 339 | $136.83 | $46,385.37 | filing |
| 2026-05-20 | TALLEY KEVIN C· EVP and CAO | Tax withholding | 141 | $136.83 | $19,293.03 | filing |
| 2026-05-20 | TAYLOR CRAIG J.· Executive Vice President | Tax withholding | 120 | $136.83 | $16,419.60 | filing |
| 2026-05-20 | KING BRIAN W.· Executive Vice President | Tax withholding | 101 | $136.83 | $13,819.83 | filing |
| 2026-05-20 | MAKOWSKI TIM A· See Remarks | Tax withholding | 88 | $136.83 | $12,041.04 | filing |
| 2026-05-20 | Coyle Patrick M. Jr· See Remarks | Tax withholding | 64 | $136.83 | $8,757.12 | filing |
| 2026-05-20 | TALLEY KEVIN C· EVP and CAO | Award | 5,903 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.