Advanced Drainage Systems, Inc.
NYSE•WMS
CEO: Mr. Donald Scott Barbour
Sector: Industrials
Industry: Construction
Listing Date: 2014-07-25
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in North America and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It 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 for residential and commercial systems; septic tanks and accessories; combined treatment and dispersal systems, including advanced enviro-septic and advanced treatment leachfield systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. The company 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, it provides PVC hubs, rubber sleeves, and stainless-steel bands. The company offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of distribution centers. Advanced Drainage Systems, Inc. incorporated in 1966 and is headquartered in Hilliard, Ohio.
Contact Information
Market Cap
$11.63B
P/E (TTM)
24.6
34.7
Dividend Yield
0.5%
52W High
$179.32
52W Low
$104.69
52W Range
Rank33Top 25.7%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2026 Data
Revenue
$693.35M+0.00%
4-Quarter Trend
EPS
$1.20+0.00%
4-Quarter Trend
FCF
$183.57M+0.00%
4-Quarter Trend
2026 Q3 Earnings Highlights
Key Highlights
Net Income Rises 14.3% Quarterly Net Income reached $94.0M USD, increasing 14.3% versus prior year quarter; Diluted EPS grew 14.4% to $1.19 USD.
YTD Sales Growth 3.7% Nine-month Net Sales totaled $2.37B USD, marking 3.7% growth; Net Income grew 5.0% to $394.6M USD YTD.
Strong Cash Position Cash and restricted cash balance ended at $1.01B USD, significantly higher than $494.8M USD reported last year period end.
Adjusted EBITDA Margin Expansion Quarterly Adjusted EBITDA margin improved to 30.2% from 27.7% prior year, reflecting 9.3% growth to $209.2M USD.
Risk Factors
NDS Integration Challenges Realizing anticipated synergies from $1.0B NDS acquisition depends on successful integration; delays or costs could offset benefits.
SG&A Expense Pressure Quarterly SG&A as percentage of sales rose to 15.7% from 14.6%, driven by transaction costs related to NDS acquisition.
Interest Rate Sensitivity 1.0% variable rate increase on debt could raise annual interest expense by approximately $4.0M USD, impacting profitability.
Restructuring Activity Costs 2026 Restructuring Plan incurred $1.7M USD expense in quarter for facility closures; no end date or estimate for further costs.
Outlook
Capital Expenditure Forecast Anticipate FY2026 capital expenditures around $250M USD, including $95M USD in open orders, financed primarily by operations cash flow.
New Share Repurchase Plan Board approved new $1.0B USD repurchase authorization in February 2026, providing $1.1B USD available capacity for stock buybacks.
Post-Acquisition Focus Management attention diverted to integrating NDS operations; future success depends on managing expanded size and complexity effectively.
Foreign Cash Strategy Evaluating strategy for foreign cash holdings ($41.1M USD total), planning repatriation only for Canadian subsidiary earnings without major tax cost.
Peer Comparison
Revenue (TTM)
$15.23B
$14.82B
$12.48B
Gross Margin (Latest Quarter)
55.3%
51.9%
49.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| ERJ | $47.38B | 32.6 | 10.4% | 19.1% |
| CLH | $16.67B | 42.5 | 14.5% | 45.2% |
| STRL | $15.82B | 54.5 | 30.2% | 13.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.0%
Moderate Growth
4Q Net Income CAGR
6.7%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 13, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data