NYSE:WMS
Advanced Drainage Systems, Inc.
Advanced Drainage Systems, Inc.'s revenue grew 5.0% in fiscal 2026 to $3.1B while operating margin fell to 20.3%. Free cash flow was $569.3M, 18.7% of revenue.Summary generated from Advanced Drainage Systems, Inc.'s SEC filings. Latest annual report filed May 21, 2026.
Key statistics
Fiscal 2026 from SEC filings. MethodologyRevenue (FY26)$3.1B
Revenue growth+5.0%
Revenue, 5-yr CAGR+9.0%
Gross margin38.3%
Operating margin20.3%
Net margin14.0%
ROIC16.8%
Return on equity25.2%
Debt / equity0.88
Free cash flow$569.3M
FCF margin18.7%
Share count change+0.2%
Financials
| Item | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | 2,769 | 3,071 | 2,874 | 2,904 | 3,050 |
| Operating income | 412 | 719 | 732 | 657 | 619 |
| Net income | 271 | 507 | 510 | 450 | 426 |
| Free cash flow | 126 | 541 | 534 | 369 | 569 |
Recent filings
- 8-KEntry into a material agreement
Oct 5, 2026 - 4Insider transaction report
Sep 3, 2026 - 4Insider transaction report
Sep 3, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KResults of a shareholder vote
Jul 16, 2026 - 8-KRegulation FD disclosure
Jun 18, 2026 - DEF 14AProxy statement
Jun 3, 2026