ADVANCED DRAINAGE SYSTEMS, INC. (WMS) Financial Statements
Historical financial data — 34 statements covering FY2016–FY2026
Advanced Drainage Systems Inc designs, manufactures and markets water management solutions in the stormwater and onsite wastewater industries, providing superior drainage solutions for use in the c...
ADVANCED DRAINAGE SYSTEMS, INC.'s revenue increased 5.0% year over year, from $2.90B to $3.05B.
Net income decreased 5.3% over the same period, from $450.2M to $426.5M.
Over the 10-year period from FY2016 to FY2026, revenue grew by 136% in total.
Total debt increased by 28.3% to $1.61B.
The debt-to-equity ratio stands at 0.86, indicating a moderate leverage profile.
Operating cash flow grew 40.9% to $819.1M.
ADVANCED DRAINAGE SYSTEMS, INC. maintains a healthy net profit margin of 14.0%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q2 FY2023 | $884.2M-3.3% | $152.0M | $320.0M | $217.6M | $187.3M | $3.18B | $1.28B | $1.04B |
| Q3 FY2023 | $655.2M-25.9% | $82.0M | $223.9M | $124.5M | $223.4M | $3.01B | $1.27B | $941.0M |
| Q4 FY2023 | $617.6M-5.7% | $85.9M | $222.4M | $125.6M | $47.4M | $2.90B | $1.27B | $824.1M |
| Q1 FY2024 | $815.3M+32.0% | $161.4M | $332.5M | $226.2M | $183.4M | $3.45B | $1.26B | $1.26B |
| Q2 FY2025 | $768.1M-5.8% | $147.9M | $296.0M | $207.8M | $75.3M | $3.54B | $1.26B | $1.38B |
| Q3 FY2025 | $690.5M-10.1% | $81.2M | $241.6M | $126.9M | $189.9M | $3.60B | $1.25B | $1.45B |
| Q4 FY2025 | $615.8M-10.8% | $77.2M | $226.3M | $117.0M | $41.2M | $3.69B | $1.25B | $1.53B |
| Q1 FY2025 | $829.9M+34.8% | $143.9M | $330.4M | $205.7M | $275.0M | $3.91B | $1.25B | $1.67B |
Balance Sheet Summary (Latest Period)
ADVANCED DRAINAGE SYSTEMS, INC. (WMS) Financial Statements & Revenue History
ADVANCED DRAINAGE SYSTEMS, INC. (WMS) is a US-listed stock operating in the Other sector, specifically the Plastics Foam Products industry trading at $133.13 with a market capitalization of $10. This page provides 34 historical financial statements for ADVANCED DRAINAGE SYSTEMS, INC., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, ADVANCED DRAINAGE SYSTEMS, INC. reported revenue of $3.1 billion, representing 5.0% year-over-year growth. The net profit margin of 14.0% indicates moderate profitability. The debt-to-equity ratio of 0.86 reflects moderate leverage.
WMS Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows ADVANCED DRAINAGE SYSTEMS, INC.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether WMS is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track WMS's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently ADVANCED DRAINAGE SYSTEMS, INC. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of WMS's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use WMS Financial Data
Investors use ADVANCED DRAINAGE SYSTEMS, INC.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare WMS's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how WMS's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View WMS's financial health score, earnings, and pre-market pricing.
Financial data is sourced from ADVANCED DRAINAGE SYSTEMS, INC.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.WMS trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.