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Advanced Drainage Systems, Inc.(WMS US)

$130.40-0.520.40%Ext:$131.66+1.260.97%(Market Closed · 23:47:23 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
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WMS US​

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

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Latest Documents

SEC Filings(1K)

Expand
  • 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
  • 4Statement of changes in beneficial ownership3 Sep
  • 4Statement of changes in beneficial ownership3 Sep
  • 4Statement of changes in beneficial ownership24 Aug
  • 10-QQ1ended 30 Jun 20266 Aug
  • 8-KResults of Operations and Financial Condition6 Aug
  • 4Statement of changes in beneficial ownership20 Jul
  • 4Statement of changes in beneficial ownership20 Jul
  • 4Statement of changes in beneficial ownership20 Jul
  • 4Statement of changes in beneficial ownership20 Jul
  • 4Statement of changes in beneficial ownership20 Jul
  • 4Statement of changes in beneficial ownership20 Jul
  • 4Statement of changes in beneficial ownership20 Jul
  • 4Statement of changes in beneficial ownership20 Jul
  • 8-KSubmission of Matters to a Vote of Security Holders16 Jul
  • 8-KRegulation FD Disclosure18 Jun
  • 4Statement of changes in beneficial ownership17 Jun
  • ARSAnnual report to security holders3 Jun
  • DEFA14ADefinitive additional materials3 Jun

News

  • 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
  • Bamco Inc. NY Makes New Investment in Advanced Drainage Systems, Inc. $WMS27 Aug
  • BlackRock Inc. Acquires New Shares in Advanced Drainage Systems, Inc. $WMS22 Aug
  • A Look at Advanced Drainage Systems Inc (WMS) After 6.2% Gain -- GF Value $158.00 vs Price $149.2313 Aug
  • Assenagon Asset Management S.A. Has $4.21 Million Stock Holdings in Advanced Drainage Systems, Inc. $WMS13 Aug
  • Bank of America Corp DE Sells 17,795 Shares of Advanced Drainage Systems, Inc. $WMS11 Aug
  • Advanced Drainage Systems Q1 Earnings Call Highlights9 Aug
  • ROCK or WMS: Which Is the Better Value Stock Right Now?7 Aug
  • Advanced Drainage Systems, Inc. (WMS) Q1 2027 Earnings Call Transcript6 Aug

Mentions in Filings

  • #Acuity, Inc. 82,388 25,477,665 \*ACV Auctions, Inc., Class A 372,289 2,907,577 Advanced Drainage Systems, Inc. 155,552 23,650,126 Aebi Schmidt Holding AG 93,691 1,371,636 AECOM 404 38,958 \*AerSale Corp. 127,883 957,844 AGCO Corp. 180,934 20,519,725 \*AgEagle Aerial Systems, Inc. 2,015 2,116 \*Air Industries Group 4,635 15,342 Air Lease Corp., Class A 239,095 15,452,710 Alamo Group, Inc. 36,
    Dimensional ETF TrustAdvanced Drainage Systems, Inc.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … | United Therapeutics Corporation \* | | 1% | | 10 | | 563.49 | | 5,635 | | VRTX | Vertex Pharmaceuticals Incorporated \* | | 1% | | 10 | | 524.52 | | 5,245 | | Industrials (22%): | | | | | | | | | | | WMS | <strong>Advanced Drainage Systems, Inc.</strong> | | 1% | | 41 | | 130.00 | | 5,330 | | AIT | Applied Industrial Technologies, Inc. | | 1% | | 16 | | 338.89 | | 5,422 | | BAESY | BAE Systems Plc (ADR) † | | 1% | | 53 | | 102.67 | | 5,442 | | CAT | Caterpilla …
    FT 13295Advanced Drainage Systems, Inc.·487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·22 Oct
  • … | | | | | | | | | | A | Agilent Technologies, Inc. | | 4% | | 38 | $ | 175.55 | $ | 6,671 | | WAT | Waters Corporation \* | | 4% | | 15 | | 444.15 | | 6,662 | | Industrials (68%): | | | | | | | | | | | WMS | <strong>Advanced Drainage Systems, Inc.</strong> | | 4% | | 52 | | 128.49 | | 6,682 | | CLH | Clean Harbors, Inc. \* | | 4% | | 21 | | 319.78 | | 6,715 | | CNM | Core & Main, Inc. (Class A) \* | | 4% | | 160 | | 41.79 | | 6,686 | | FLS | Flowserve Corporatio …
    FT 13288Advanced Drainage Systems, Inc.·487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·16 Oct
  • … EBITDA Multiples were as follows: --- | | | | --- | --- | | Company | FV/2026E Adjusted EBITDA Multiple | | Gibraltar Industries, Inc. | 7.9x | | Nucor Corporation | 9.4x | | Westlake Corporation | 6.9x | | <strong>Advanced Drainage Systems, Inc.</strong> | 12.0x | | Trex Company, Inc. | 14.4x | The disclosure under the section entitled “The Merger—Opinions of Atkore’s Financial Advisors—Opinion of J.P. Morgan Securities LLC—Selected Transactions Analysis” in …
    Atkore Inc.Advanced Drainage Systems, Inc.·DEFA14A - Definitive additional materials·Q4 26·29 Sep
  • … Common Stocks (100.00%): | | | | | | | | | | | Energy (3.27%): | | | | | | | | | | | LNG | Cheniere Energy, Inc. | | 3.27% | | 17 | $ | 277.84 | $ | 4,723 | | Industrials (93.37%): | | | | | | | | | | | WMS | <strong>Advanced Drainage Systems, Inc.</strong> | | 3.34% | | 38 | | 127.16 | | 4,832 | | APG | APi Group Corporation \* | | 3.34% | | 129 | | 37.38 | | 4,822 | | CAT | Caterpillar Inc. | | 3.34% | | 6 | | 805.00 | | 4,830 | | FIX | Comfort Systems USA, Inc …
    FT 13214Advanced Drainage Systems, Inc.·487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q3 26·11 Sep
  • … | | 504 | Severn Trent plc | 39.634 | 19,975.28 | | 1,112 | United Utilities Group plc | 17.972 | 19,984.75 | | | **United States - 60.04%** | | | | 345 | A.O. Smith Corporation | 57.830 | 19,951.35 | | 153 | <strong>Advanced Drainage Systems, Inc.</strong> | 131.780 | 20,162.34 | | 227 | American States Water Company | 88.280 | 20,039.56 | | 143 | American Water Works Company, Inc. | 140.330 | 20,067.19 | | 156 | Badger Meter, Inc. | 127.830 | 19,941.48 | | 404 …
    Invesco Unit Trusts Series 2498Advanced Drainage Systems, Inc.·487 - VKUT 2498·Q3 26·10 Sep

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/EN/A
Est EPSN/A
Est PEGN/A

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 USD23 Oct '26
Price (As of 23 Oct '26)130.40
Basic Shares76.65
Market Cap9,994.6
Diluted Shares78.48
Fully Diluted Shares Outstanding78.48
Fully Diluted Market Cap10,234.1
+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 Value11,662.0

Segment data

Revenue

by Products and services

  • Intersegment Eliminations100%

Revenue

by Geography

  • United States94%
  • Canada4%
  • Other Countries2%

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