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WMS US​
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WMS US​
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Advanced Drainage Systems, Inc.(WMS US)

$125.58+2.071.68%Ext:$144.65+19.0715.19%(Market Closed · 01:00:04 UTC)
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Advanced Drainage Systems, Inc.(WMS US)

$125.58+2.071.68%Ext:$144.65+19.0715.19%(Market Closed · 01:00:04 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

Advanced Drainage Systems, Inc. — Company Profile

Advanced Drainage Systems, Inc., established in Hilliard, Ohio in 1966, is a leading provider of innovative water management solutions. The company specializes in the design, manufacturing, and global distribution of thermoplastic corrugated pipes and related drainage products, primarily targeting the underground construction and infrastructure sectors across the United States, Canada, Mexico, and other international territories. Its operations are structured across four key segments: Pipe, International, Infiltrator, and Allied Products & Other. ADS offers a wide array of products, including single, double, and triple-wall corrugated pipes made from polypropylene and polyethylene. Beyond basic piping, their extensive catalog features sophisticated water management systems such as plastic leachfield chambers, EZflow synthetic aggregate bundles, advanced mechanical aeration wastewater solutions, septic tanks and accessories, and integrated treatment and dispersal units. Furthermore, the company supplies allied products like storm retention, detention, and septic chambers, polyvinyl chloride drainage structures, various fittings, and water quality filters and separators. ADS also distributes construction fabrics and other geosynthetic materials vital for soil stabilization, reinforcement, filtration, erosion control, and sub-surface drainage, alongside drainage grates. These products cater to a broad spectrum of applications, including residential, non-residential, agricultural, and large-scale infrastructure projects, supported by approximately 38 distribution centers.

Sector
Materials
Industry
Chemicals
Exchange
UN
CEO
Donald Scott Barbour
Headquarters
Hilliard, OH, US
IPO Date
Jul 25, 2014
Employees
6,425
Website
www.adspipe.com

Key Metrics

Price
$127.27
Market Cap
$9.75B
Revenue (TTM)
$3.05B
Net Income (TTM)
$426.46M
EPS (TTM)
5.48
P/E (TTM)
22.87
P/B (TTM)
5.05
Dividend Yield
53.18%
ROE (TTM)
22.07%
ROA (TTM)
9.47%
Operating Margin
22.51%
Beta
0.85

Advanced Drainage Systems, Inc. — Company Profile

Advanced Drainage Systems, Inc., established in Hilliard, Ohio in 1966, is a leading provider of innovative water management solutions. The company specializes in the design, manufacturing, and global distribution of thermoplastic corrugated pipes and related drainage products, primarily targeting the underground construction and infrastructure sectors across the United States, Canada, Mexico, and other international territories. Its operations are structured across four key segments: Pipe, International, Infiltrator, and Allied Products & Other. ADS offers a wide array of products, including single, double, and triple-wall corrugated pipes made from polypropylene and polyethylene. Beyond basic piping, their extensive catalog features sophisticated water management systems such as plastic leachfield chambers, EZflow synthetic aggregate bundles, advanced mechanical aeration wastewater solutions, septic tanks and accessories, and integrated treatment and dispersal units. Furthermore, the company supplies allied products like storm retention, detention, and septic chambers, polyvinyl chloride drainage structures, various fittings, and water quality filters and separators. ADS also distributes construction fabrics and other geosynthetic materials vital for soil stabilization, reinforcement, filtration, erosion control, and sub-surface drainage, alongside drainage grates. These products cater to a broad spectrum of applications, including residential, non-residential, agricultural, and large-scale infrastructure projects, supported by approximately 38 distribution centers.

Sector
Materials
Industry
Chemicals
Exchange
UN
CEO
Donald Scott Barbour
Headquarters
Hilliard, OH, US
IPO Date
Jul 25, 2014
Employees
6,425
Website
www.adspipe.com

Key Metrics

Price
$127.27
Market Cap
$9.75B
Revenue (TTM)
$3.05B
Net Income (TTM)
$426.46M
EPS (TTM)
5.48
P/E (TTM)
22.87
P/B (TTM)
5.05
Dividend Yield
53.18%
ROE (TTM)
22.07%
ROA (TTM)
9.47%
Operating Margin
22.51%
Beta
0.85

Dividends

Last Dividend
$0.20
Last Yield
0.53%

Summary

Advanced Drainage Systems, Inc., established in Hilliard, Ohio in 1966, is a leading provider of innovative water management solutions. The company specializes in the design, manufacturing, and global distribution of thermoplastic corrugated pipes and related drainage products, primarily targeting the underground construction and infrastructure sectors across the United States, Canada, Mexico, and other international territories. Its operations are structured across four key segments: Pipe, International, Infiltrator, and Allied Products & Other. ADS offers a wide array of products, including single, double, and triple-wall corrugated pipes made from polypropylene and polyethylene. Beyond basic piping, their extensive catalog features sophisticated water management systems such as plastic leachfield chambers, EZflow synthetic aggregate bundles, advanced mechanical aeration wastewater solutions, septic tanks and accessories, and integrated treatment and dispersal units. Furthermore, the company supplies allied products like storm retention, detention, and septic chambers, polyvinyl chloride drainage structures, various fittings, and water quality filters and separators. ADS also distributes construction fabrics and other geosynthetic materials vital for soil stabilization, reinforcement, filtration, erosion control, and sub-surface drainage, alongside drainage grates. These products cater to a broad spectrum of applications, including residential, non-residential, agricultural, and large-scale infrastructure projects, supported by approximately 38 distribution centers.

Website
www.adspipe.com
Location
Hilliard, OH, US
Phone614 658 0050
Employees6,425
CEODonald Scott Barbour
Sector
Materials
Industry
Chemicals
IPO DateJul 25, 2014

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1K)

Expand
  • 8-KEntry into a Material Definitive Agreement10 Nov
  • 10-QQ2ended 30 Sept 20265 Nov
  • 8-KResults of Operations and Financial Condition5 Nov
  • 8-KADVANCED DRAINAGE SYSTEMS ANNOUNCES ACQUISITION OF STORMTRAP INVESTMENTS LLC FROM PSP CAPITAL5 Oct
  • 11-KAnnual report (employee stock purchase/savings/profit sharing plans)16 Sep
  • Form 4Coyle Patrick M. Jr3 Sep
  • Form 4EVERSOLE ROBERT M3 Sep
  • Form 4BARBOUR D. SCOTT24 Aug
  • 10-QQ1ended 30 Jun 20266 Aug
  • 8-KResults of Operations and Financial Condition6 Aug
  • Form 4FRATTO TANYA D20 Jul
  • Form 4GAST KELLY S.20 Jul
  • Form 4COLEMAN MICHAEL B.20 Jul
  • Form 4Seetharam Anil20 Jul
  • Form 4CHAIBI ANESA20 Jul
  • Form 4PEREZ DE LA MESA MANUEL J20 Jul
  • Form 4EVERSOLE ROBERT M20 Jul
  • Form 4FISCHER ALEXANDER R20 Jul
  • 8-KSubmission of Matters to a Vote of Security Holders16 Jul
  • 8-KRegulation FD Disclosure18 Jun

News

  • Advanced Drainage Systems Q2 Earnings Call Highlights8 Nov
  • Advanced Drainage Systems, Inc. (WMS) Q2 2027 Earnings Call Transcript5 Nov
  • Advanced Drainage Systems (WMS) Lags Q2 Earnings and Revenue Estimates5 Nov
  • Advanced Drainage Systems Announces Quarterly Cash Dividend5 Nov
  • Advanced Drainage Systems Announces Second Quarter Fiscal 2027 Results5 Nov
  • Analysts Estimate Advanced Drainage Systems (WMS) to Report a Decline in Earnings: What to Look Out for29 Oct
  • Advanced Drainage Systems Introduces AquaLux™, a High-Performance Stormwater Filtration System28 Oct
  • Fujitsu accelerates social implementation of next-generation logistics based on research findings on social acceptance of drone delivery27 Oct
  • Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2027 Results on November 5, 202615 Oct
  • PSP Capital Announces Sale of StormTrap to Advanced Drainage Systems13 Oct
  • Advanced Drainage Systems (NYSE:WMS) Earns “Buy” Rating from DA Davidson6 Oct
  • Advanced Drainage Systems Announces Acquisition of StormTrap Investments LLC From PSP Capital5 Oct
  • Logistics Reply Introduces the LEA AI Agent Authority Model - Bringing Governed Agentic AI Into Warehouse Execution With LEA Dynamic Intelligence5 Oct
  • Advanced Drainage Systems Releases 2026 Sustainability Report14 Sep
  • HighTower Advisors LLC Sells 18,053 Shares of Advanced Drainage Systems, Inc. $WMS13 Sep
  • California State Teachers Retirement System Grows Stock Position in Advanced Drainage Systems, Inc. $WMS12 Sep
  • Advanced Drainage Systems: Structural Share Gains And NDS Synergies Support A Buy8 Sep
  • Baron SMID Cap ETF Q2 2026 Portfolio Activity4 Sep
  • B. Metzler seel. Sohn & Co. AG Has $4.75 Million Position in Advanced Drainage Systems, Inc. $WMS4 Sep
  • Analyzing Kingspan Group (OTCMKTS:KGSPF) & Advanced Drainage Systems (NYSE:WMS)28 Aug

Mentions in Filings

  • … velopment, start-up planning and execution, new product introductions and lean deployment. From November 2020 to present, Mr. Richardson has served as the Vice President of Quality and Continuous Improvement for <strong>Advanced Drainage Systems</strong>, which is an industry leader in the design and manufacturing of products supporting water management solutions. From September 2011 to October 2020, Mr. Richardson held positions at Danaher Corporation, a multi-b …
    Odyssey Health, Inc.Advanced Drainage Systems, Inc.·10-K - Annual report FY 2026·FY26·28 Oct
  • … nich AG | 10,753,157 | 2.83 | | | | 19,930,256 | 5.25 | | Taiwan | | | | | 284,000 | Delta Electronics, Inc. | 8,435,042 | 2.22 | | uk | | | | | 84,771 | Halma PLC | 3,986,856 | 1.05 | | US | | | | | 24,032 | <strong>Advanced Drainage Systems, Inc.</strong> | 3,654,066 | 0.96 | | 87,945 | AECOM | 9,221,033 | 2.43 | | 40,081 | Albemarle Corp. | 5,137,583 | 1.35 | | 19,953 | Badger Meter, Inc. | 3,517,714 | 0.93 | | 121,471 | Ball Corp. | 6,045,612 | 1.59 | | 27,68 …
    ゴールドマン・サックス・アセット・マネジメント株式会社Advanced Drainage Systems, Inc.·Annual Report - Annual Securities Report (2026.02.11-2026.08.10)·10 Nov·9 Nov
  • … nich AG | 10,753,157 | 2.83 | | | | 19,930,256 | 5.25 | | Taiwan | | | | | 284,000 | Delta Electronics, Inc. | 8,435,042 | 2.22 | | uk | | | | | 84,771 | Halma PLC | 3,986,856 | 1.05 | | US | | | | | 24,032 | <strong>Advanced Drainage Systems, Inc.</strong> | 3,654,066 | 0.96 | | 87,945 | AECOM | 9,221,033 | 2.43 | | 40,081 | Albemarle Corp. | 5,137,583 | 1.35 | | 19,953 | Badger Meter, Inc. | 3,517,714 | 0.93 | | 121,471 | Ball Corp. | 6,045,612 | 1.59 | | 27,68 …
    ゴールドマン・サックス・アセット・マネジメント株式会社Advanced Drainage Systems, Inc.·Prospectus - Securities registration statement·10 Nov·9 Nov
  • … 9 | | 46,411 | | 6.7 | % | | Buildings and real estate | | | | | | | | | | | | | | | 84 Lumber Company(5) | First lien senior secured loan | S+ | 2.25 | % | 11/2030 | 3,729 | | 3,753 | | 3,740 | | 0.5 | % | | <strong>Advanced Drainage Systems, Inc.</strong>(5) | First lien senior secured loan | S+ | 1.63 | % | 02/2033 | 2,088 | | 2,088 | | 2,101 | | 0.3 | % | | American Builders & Contractors Supply Co., Inc.(6) | First lien senior secured loan | S+ | 1.75 | % | …
    Blue Owl Capital Corp IIAdvanced Drainage Systems, Inc.·EX-99.1 - 10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … 9 | | 46,411 | | 6.7 | % | | Buildings and real estate | | | | | | | | | | | | | | | 84 Lumber Company(5) | First lien senior secured loan | S+ | 2.25 | % | 11/2030 | 3,729 | | 3,753 | | 3,740 | | 0.5 | % | | <strong>Advanced Drainage Systems, Inc.</strong>(5) | First lien senior secured loan | S+ | 1.63 | % | 02/2033 | 2,088 | | 2,088 | | 2,101 | | 0.3 | % | | American Builders & Contractors Supply Co., Inc.(6) | First lien senior secured loan | S+ | 1.75 | % | …
    Blue Owl Credit Income Corp.Advanced Drainage Systems, Inc.·EX-99.2 - 10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … 9 | | 46,411 | | 6.7 | % | | Buildings and real estate | | | | | | | | | | | | | | | 84 Lumber Company(5) | First lien senior secured loan | S+ | 2.25 | % | 11/2030 | 3,729 | | 3,753 | | 3,740 | | 0.5 | % | | <strong>Advanced Drainage Systems, Inc.</strong>(5) | First lien senior secured loan | S+ | 1.63 | % | 02/2033 | 2,088 | | 2,088 | | 2,101 | | 0.3 | % | | American Builders & Contractors Supply Co., Inc.(6) | First lien senior secured loan | S+ | 1.75 | % | …
    Blue Owl Technology Income Corp.Advanced Drainage Systems, Inc.·EX-99.1 - 10-Q - Quarterly report Q3·Q3 26·5 Nov

Key Stats

Trading

Px/Chg 1D$127.27 / +0.32%
Avg Volume943.77K
Beta0.85
Mkt Cap9.75B
FD Mkt Cap10.40B

Float

Shrs Out/Float76.65M / 71.20M
Short Float0.04%
Days to Cover2.85
Stock Repurchased$91.96M

Current Valuation

EV11.42B
EV/EBITDA13.13
EV/Sales3.74
P/B5.05
P/S3.20
FCF Yield-0.13%
ROE22.07%
ROA9.47%
Current Ratio2.42

Dividend

Cash$0.20
Yield53.18%
Yield (TTM)53.18%

Estimates

P/E22.87
Est P/E0.00
Est EPS0.94
Est PEG0.00

Valuation

Metric5Yr AvgAug '22Aug '23Aug '24Aug '25Oct '26
PRICE-BASED RATIOS
Price / Earnings97.1531.6420.2922.86114.49296.49
Price / Sales7.853.103.354.0614.3514.41
Price / Book Value7.637.8910.539.245.465.05
Price / Free Cash Flow-459.9268.2419.0221.83-1,664.52-744.18
ENTERPRISE VALUE METRICS
Enterprise Value11,046.79,735.911,579.812,662.89,833.111,422.1
Enterprise Value / Sales8.913.523.774.4115.9716.88
Enterprise Value / EBITDA40.1717.4213.2713.9165.2690.97
Enterprise Value / EBIT62.4423.3415.9216.7682.43173.75

Financials

Full Financials
Millions USD5Yr CAGR (%)Mar '22Mar '23Mar '24Mar '25Mar '26
INCOME STATEMENT
Revenue2.4%2,769.33,071.12,874.52,904.23,050.4
Gross Income8.5%800.41,118.41,145.91,094.21,107.5
EBITDA11.8%558.9872.4910.5864.5872.5
EBIT12.1%417.1727.3755.6681.3658.7
Net Income12%271.3507.1509.9450.2426.5
EPS (Diluted)14.6%3.156.086.455.765.44
BALANCE SHEET
Cash & ST Inv82.5%20.1217.1490.2463.3223.0
Total Assets14.2%2,649.82,901.13,268.93,690.44,505.6
Total Liabilities13.3%1,544.71,906.31,988.22,054.62,549.7
Total Shareholder Equity15.4%1,088.4977.41,261.91,618.11,932.4
CASH FLOW
Net Operating Cash Flow31.4%274.9707.8717.9581.5819.1
Cap Ex13.8%-149.1-166.9-183.8-212.9-249.8
Free Cash Flow45.9%125.8540.9534.1368.5569.3

Enterprise Value Bridge

Millions USD11 Nov '26
Price (As of 11 Nov '26)128.30
Basic Shares76.65
Market Cap9,833.6
Diluted Shares78.48
Fully Diluted Shares Outstanding78.48
Fully Diluted Market Cap10,069.2
+Consolidated Debt1,793.2
−In-the-Money Convertible Debt—
+Capital Leases181.4
+Operating Leases—
−Cash & Equivalents-223.0
−Short-term Investments-
+Total Preferred73.7
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest23.6
+Pension Liabilities—
Enterprise Value11,501.0

Segment data

Revenue

by Products and services

  • Intersegment Eliminations100%

Revenue

by Geography

  • United States94%
  • Canada4%
  • Other Countries2%

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Dividends

Last Dividend
$0.20
Last Yield
0.53%

Summary

Advanced Drainage Systems, Inc., established in Hilliard, Ohio in 1966, is a leading provider of innovative water management solutions. The company specializes in the design, manufacturing, and global distribution of thermoplastic corrugated pipes and related drainage products, primarily targeting the underground construction and infrastructure sectors across the United States, Canada, Mexico, and other international territories. Its operations are structured across four key segments: Pipe, International, Infiltrator, and Allied Products & Other. ADS offers a wide array of products, including single, double, and triple-wall corrugated pipes made from polypropylene and polyethylene. Beyond basic piping, their extensive catalog features sophisticated water management systems such as plastic leachfield chambers, EZflow synthetic aggregate bundles, advanced mechanical aeration wastewater solutions, septic tanks and accessories, and integrated treatment and dispersal units. Furthermore, the company supplies allied products like storm retention, detention, and septic chambers, polyvinyl chloride drainage structures, various fittings, and water quality filters and separators. ADS also distributes construction fabrics and other geosynthetic materials vital for soil stabilization, reinforcement, filtration, erosion control, and sub-surface drainage, alongside drainage grates. These products cater to a broad spectrum of applications, including residential, non-residential, agricultural, and large-scale infrastructure projects, supported by approximately 38 distribution centers.

Website
www.adspipe.com
Location
Hilliard, OH, US
Phone614 658 0050
Employees6,425
CEODonald Scott Barbour
Sector
Materials
Industry
Chemicals
IPO DateJul 25, 2014

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1K)

Expand
  • 8-KEntry into a Material Definitive Agreement10 Nov
  • 10-QQ2ended 30 Sept 20265 Nov
  • 8-KResults of Operations and Financial Condition5 Nov
  • 8-KADVANCED DRAINAGE SYSTEMS ANNOUNCES ACQUISITION OF STORMTRAP INVESTMENTS LLC FROM PSP CAPITAL5 Oct
  • 11-KAnnual report (employee stock purchase/savings/profit sharing plans)16 Sep
  • Form 4Coyle Patrick M. Jr3 Sep
  • Form 4EVERSOLE ROBERT M3 Sep
  • Form 4BARBOUR D. SCOTT24 Aug
  • 10-QQ1ended 30 Jun 20266 Aug
  • 8-KResults of Operations and Financial Condition6 Aug
  • Form 4FRATTO TANYA D20 Jul
  • Form 4GAST KELLY S.20 Jul
  • Form 4COLEMAN MICHAEL B.20 Jul
  • Form 4Seetharam Anil20 Jul
  • Form 4CHAIBI ANESA20 Jul
  • Form 4PEREZ DE LA MESA MANUEL J20 Jul
  • Form 4EVERSOLE ROBERT M20 Jul
  • Form 4FISCHER ALEXANDER R20 Jul
  • 8-KSubmission of Matters to a Vote of Security Holders16 Jul
  • 8-KRegulation FD Disclosure18 Jun

News

  • Advanced Drainage Systems Q2 Earnings Call Highlights8 Nov
  • Advanced Drainage Systems, Inc. (WMS) Q2 2027 Earnings Call Transcript5 Nov
  • Advanced Drainage Systems (WMS) Lags Q2 Earnings and Revenue Estimates5 Nov
  • Advanced Drainage Systems Announces Quarterly Cash Dividend5 Nov
  • Advanced Drainage Systems Announces Second Quarter Fiscal 2027 Results5 Nov
  • Analysts Estimate Advanced Drainage Systems (WMS) to Report a Decline in Earnings: What to Look Out for29 Oct
  • Advanced Drainage Systems Introduces AquaLux™, a High-Performance Stormwater Filtration System28 Oct
  • Fujitsu accelerates social implementation of next-generation logistics based on research findings on social acceptance of drone delivery27 Oct
  • Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2027 Results on November 5, 202615 Oct
  • PSP Capital Announces Sale of StormTrap to Advanced Drainage Systems13 Oct
  • Advanced Drainage Systems (NYSE:WMS) Earns “Buy” Rating from DA Davidson6 Oct
  • Advanced Drainage Systems Announces Acquisition of StormTrap Investments LLC From PSP Capital5 Oct
  • Logistics Reply Introduces the LEA AI Agent Authority Model - Bringing Governed Agentic AI Into Warehouse Execution With LEA Dynamic Intelligence5 Oct
  • Advanced Drainage Systems Releases 2026 Sustainability Report14 Sep
  • HighTower Advisors LLC Sells 18,053 Shares of Advanced Drainage Systems, Inc. $WMS13 Sep
  • California State Teachers Retirement System Grows Stock Position in Advanced Drainage Systems, Inc. $WMS12 Sep
  • Advanced Drainage Systems: Structural Share Gains And NDS Synergies Support A Buy8 Sep
  • Baron SMID Cap ETF Q2 2026 Portfolio Activity4 Sep
  • B. Metzler seel. Sohn & Co. AG Has $4.75 Million Position in Advanced Drainage Systems, Inc. $WMS4 Sep
  • Analyzing Kingspan Group (OTCMKTS:KGSPF) & Advanced Drainage Systems (NYSE:WMS)28 Aug

Mentions in Filings

  • … velopment, start-up planning and execution, new product introductions and lean deployment. From November 2020 to present, Mr. Richardson has served as the Vice President of Quality and Continuous Improvement for <strong>Advanced Drainage Systems</strong>, which is an industry leader in the design and manufacturing of products supporting water management solutions. From September 2011 to October 2020, Mr. Richardson held positions at Danaher Corporation, a multi-b …
    Odyssey Health, Inc.Advanced Drainage Systems, Inc.·10-K - Annual report FY 2026·FY26·28 Oct
  • … nich AG | 10,753,157 | 2.83 | | | | 19,930,256 | 5.25 | | Taiwan | | | | | 284,000 | Delta Electronics, Inc. | 8,435,042 | 2.22 | | uk | | | | | 84,771 | Halma PLC | 3,986,856 | 1.05 | | US | | | | | 24,032 | <strong>Advanced Drainage Systems, Inc.</strong> | 3,654,066 | 0.96 | | 87,945 | AECOM | 9,221,033 | 2.43 | | 40,081 | Albemarle Corp. | 5,137,583 | 1.35 | | 19,953 | Badger Meter, Inc. | 3,517,714 | 0.93 | | 121,471 | Ball Corp. | 6,045,612 | 1.59 | | 27,68 …
    ゴールドマン・サックス・アセット・マネジメント株式会社Advanced Drainage Systems, Inc.·Annual Report - Annual Securities Report (2026.02.11-2026.08.10)·10 Nov·9 Nov
  • … nich AG | 10,753,157 | 2.83 | | | | 19,930,256 | 5.25 | | Taiwan | | | | | 284,000 | Delta Electronics, Inc. | 8,435,042 | 2.22 | | uk | | | | | 84,771 | Halma PLC | 3,986,856 | 1.05 | | US | | | | | 24,032 | <strong>Advanced Drainage Systems, Inc.</strong> | 3,654,066 | 0.96 | | 87,945 | AECOM | 9,221,033 | 2.43 | | 40,081 | Albemarle Corp. | 5,137,583 | 1.35 | | 19,953 | Badger Meter, Inc. | 3,517,714 | 0.93 | | 121,471 | Ball Corp. | 6,045,612 | 1.59 | | 27,68 …
    ゴールドマン・サックス・アセット・マネジメント株式会社Advanced Drainage Systems, Inc.·Prospectus - Securities registration statement·10 Nov·9 Nov
  • … 9 | | 46,411 | | 6.7 | % | | Buildings and real estate | | | | | | | | | | | | | | | 84 Lumber Company(5) | First lien senior secured loan | S+ | 2.25 | % | 11/2030 | 3,729 | | 3,753 | | 3,740 | | 0.5 | % | | <strong>Advanced Drainage Systems, Inc.</strong>(5) | First lien senior secured loan | S+ | 1.63 | % | 02/2033 | 2,088 | | 2,088 | | 2,101 | | 0.3 | % | | American Builders & Contractors Supply Co., Inc.(6) | First lien senior secured loan | S+ | 1.75 | % | …
    Blue Owl Capital Corp IIAdvanced Drainage Systems, Inc.·EX-99.1 - 10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … 9 | | 46,411 | | 6.7 | % | | Buildings and real estate | | | | | | | | | | | | | | | 84 Lumber Company(5) | First lien senior secured loan | S+ | 2.25 | % | 11/2030 | 3,729 | | 3,753 | | 3,740 | | 0.5 | % | | <strong>Advanced Drainage Systems, Inc.</strong>(5) | First lien senior secured loan | S+ | 1.63 | % | 02/2033 | 2,088 | | 2,088 | | 2,101 | | 0.3 | % | | American Builders & Contractors Supply Co., Inc.(6) | First lien senior secured loan | S+ | 1.75 | % | …
    Blue Owl Credit Income Corp.Advanced Drainage Systems, Inc.·EX-99.2 - 10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … 9 | | 46,411 | | 6.7 | % | | Buildings and real estate | | | | | | | | | | | | | | | 84 Lumber Company(5) | First lien senior secured loan | S+ | 2.25 | % | 11/2030 | 3,729 | | 3,753 | | 3,740 | | 0.5 | % | | <strong>Advanced Drainage Systems, Inc.</strong>(5) | First lien senior secured loan | S+ | 1.63 | % | 02/2033 | 2,088 | | 2,088 | | 2,101 | | 0.3 | % | | American Builders & Contractors Supply Co., Inc.(6) | First lien senior secured loan | S+ | 1.75 | % | …
    Blue Owl Technology Income Corp.Advanced Drainage Systems, Inc.·EX-99.1 - 10-Q - Quarterly report Q3·Q3 26·5 Nov

Key Stats

Trading

Px/Chg 1D$127.27 / +0.32%
Avg Volume943.77K
Beta0.85
Mkt Cap9.75B
FD Mkt Cap10.40B

Float

Shrs Out/Float76.65M / 71.20M
Short Float0.04%
Days to Cover2.85
Stock Repurchased$91.96M

Current Valuation

EV11.42B
EV/EBITDA13.13
EV/Sales3.74
P/B5.05
P/S3.20
FCF Yield-0.13%
ROE22.07%
ROA9.47%
Current Ratio2.42

Dividend

Cash$0.20
Yield53.18%
Yield (TTM)53.18%

Estimates

P/E22.87
Est P/E0.00
Est EPS0.94
Est PEG0.00

Valuation

Metric5Yr AvgAug '22Aug '23Aug '24Aug '25Oct '26
PRICE-BASED RATIOS
Price / Earnings97.1531.6420.2922.86114.49296.49
Price / Sales7.853.103.354.0614.3514.41
Price / Book Value7.637.8910.539.245.465.05
Price / Free Cash Flow-459.9268.2419.0221.83-1,664.52-744.18
ENTERPRISE VALUE METRICS
Enterprise Value11,046.79,735.911,579.812,662.89,833.111,422.1
Enterprise Value / Sales8.913.523.774.4115.9716.88
Enterprise Value / EBITDA40.1717.4213.2713.9165.2690.97
Enterprise Value / EBIT62.4423.3415.9216.7682.43173.75

Financials

Full Financials
Millions USD5Yr CAGR (%)Mar '22Mar '23Mar '24Mar '25Mar '26
INCOME STATEMENT
Revenue2.4%2,769.33,071.12,874.52,904.23,050.4
Gross Income8.5%800.41,118.41,145.91,094.21,107.5
EBITDA11.8%558.9872.4910.5864.5872.5
EBIT12.1%417.1727.3755.6681.3658.7
Net Income12%271.3507.1509.9450.2426.5
EPS (Diluted)14.6%3.156.086.455.765.44
BALANCE SHEET
Cash & ST Inv82.5%20.1217.1490.2463.3223.0
Total Assets14.2%2,649.82,901.13,268.93,690.44,505.6
Total Liabilities13.3%1,544.71,906.31,988.22,054.62,549.7
Total Shareholder Equity15.4%1,088.4977.41,261.91,618.11,932.4
CASH FLOW
Net Operating Cash Flow31.4%274.9707.8717.9581.5819.1
Cap Ex13.8%-149.1-166.9-183.8-212.9-249.8
Free Cash Flow45.9%125.8540.9534.1368.5569.3

Enterprise Value Bridge

Millions USD11 Nov '26
Price (As of 11 Nov '26)128.30
Basic Shares76.65
Market Cap9,833.6
Diluted Shares78.48
Fully Diluted Shares Outstanding78.48
Fully Diluted Market Cap10,069.2
+Consolidated Debt1,793.2
−In-the-Money Convertible Debt—
+Capital Leases181.4
+Operating Leases—
−Cash & Equivalents-223.0
−Short-term Investments-
+Total Preferred73.7
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest23.6
+Pension Liabilities—
Enterprise Value11,501.0

Segment data

Revenue

by Products and services

  • Intersegment Eliminations100%

Revenue

by Geography

  • United States94%
  • Canada4%
  • Other Countries2%

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