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NYSE · PLASTICS FOAM PRODUCTS · LARGE CAP

Advanced Drainage Systems, Inc. WMS

14 fiscal years on record · USD · FY2025 reported · SEC filings only
5 YEARS OF DIVIDEND GROWTH
$3.1B
▲ 5.0% YoY
$426.5M
▼ 5.3% YoY
$569.3M
▲ 54.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipe and related water management products for use in a wide range of end markets. Following its acquisition of NDS, the company realigned its reportable segments, which now consist of Stormwater and Wastewater, the latter formerly referred to as the Infiltrator segment. Stormwater products include corrugated polypropylene and polyethylene pipe, additional water management products such as storm retention and onsite wastewater chambers, polyvinyl chloride drainage structures, fittings, water quality filters and separators, and NDS channel drains, catch basins, and access boxes. Advanced Drainage Systems, Inc. was founded in 1966 and is a Delaware corporation.

Written from the business description in Advanced Drainage Systems, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 21 May 2026. Every sentence was checked against that document before publication.

Growth

USD 3.1B
Revenue, FY2025 · full 14-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.1 · Net income 0.4
2B3B
201220152018202120242025
Compound annual growth
−0.2%
+9.0%
+9.0%
−5.6%
+13.7%
+32.8%
−3.6%
+16.0%
+30.2%
+14.5%
+14.9%
+13.7%
−38.6%
+35.7%
+24.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.0% a year over the five years to FY2025 — but profit grew faster: net income at +13.7%, earnings per share at +16.0%.

The share count rose from 0.07B to 0.07B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

14 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.3% · Net 14.1%
10%20%-5%-10%
201220182025
ROE
FY2025 · ROE 25.2%
20%40%-20%-40%
201220182025
Three returns, three denominators.

Each USD of equity produced 25 cents of profit this year.

Cash & shareholders

USD 141.2M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 569.3
200M400M
201220182025
Net buybacks $M Dividends $M
FY2025 · Dividends 56.1 · Net buybacks 85.1
250.0M500.0M-150.0M-300.0MDividendsNet buybacks
20122014201620182020202220242025

USD 56.1M in dividends and USD 85.1M in buybacks — 33% of the year's profit went back to shareholders.

Total assetsUSD 4.5B
EquityUSD 1.9B
CashUSD 223.0M
Gross debtUSD 1.6B
Net debtUSD 1.4B
Current ratio2.42×

Net debt stands at 75% of equity.

The 14-year record

14 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
WMS, 14-year financial record
Metric 20252024202320222021202020192018201720162015201420132012
Revenue $B3.12.92.93.12.82.01.71.41.31.31.31.21.11.0
Operating income $B0.60.70.70.70.40.3−0.10.10.10.10.10.00.00.1
EBITDA $B0.80.80.80.80.50.4−0.00.20.20.10.10.10.10.1
Income tax $B0.10.10.20.20.10.10.00.00.00.00.00.00.00.0
Net income $B0.40.50.50.50.30.2−0.20.10.10.10.0−0.00.00.0
Free cash flow $B0.60.40.50.50.10.40.20.10.10.10.10.00.00.0
EPS, diluted $5.445.766.456.083.152.59−3.211.220.990.990.39−0.38−0.210.27
Dividend / sh $0.720.640.560.480.440.361.360.320.280.240.200.081.680.10
Payout %1311981414−4834302765−101262630
ROE %25.233.651.659.131.733.3−42.522.523.430.214.4——◌
Shares out B0.070.070.070.070.070.070.070.060.060.060.050.050.01◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures · 1 divergence in 61 reconciliationsAUDITED

Reconciled in 13 of the 14 fiscal years we could check. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 10 checks were skipped: the balance sheet is not tagged before 2012. Five checks were skipped: EPS is not tagged before 2012. Five checks were skipped: revenue is not tagged before 2012.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures1 divergent
ActivityPlastics Foam Products
Listed onNYSE
Incorporated inDelaware
Fiscal year endsMarch 31
Data on record since2012

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