Advanced Drainage Systems Inc

Advanced Drainage Systems Inc

WMS · NYSE · Industrials / Building Products & Equipment

125.58USD+2.07 (+1.68%)

Price History

Full chart

Market Stats

Previous Close123.51
Open123.36
Day Range123.36 – 130.00
52-Week Range124.75 – 178.61
Volume637.46K
Market Cap9.69B
P/E (TTM)22.27
Forward P/E20.79
EPS5.77
Dividend Yield0.62%
Beta1.28
50-Day Avg137.64
200-Day Avg145.98

About

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in the United States, Canada, and internationally. The company operates through Stormwater and Wastewater segments. The company 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; septic tanks and accessories; combined treatment and dispersal systems, including AeroFin, advanced enviro-septic, enviro-septic, and advanced treatment leachfield; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It 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, the company provides PVC hubs, rubber sleeves, and stainless-steel bands; and channel drains, catch basins, grates, access boxes, and accessories engineered to capture, convey, and disperse stormwater. It offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of distribution centers. Advanced Drainage Systems, Inc. was incorporated in 1966 and is headquartered in Hilliard, Ohio.

Company Details

  • SectorIndustrials
  • IndustryBuilding Products & Equipment
  • CEOMr. Donald Scott Barbour
  • Employees6.42K
  • Headquarters4024 Green Stripe Lane, Hilliard, OH, United States, 43026, USA
  • Websitehttps://www.adspipe.com

Leadership

  • Mr. Donald Scott BarbourCEO, President & Director · b. 1962
  • Mr. Scott A. CottrillExecutive VP, CFO, Secretary & Treasurer · b. 1966
  • Mr. Kevin C. TalleyExecutive VP & Chief Administrative Officer · b. 1972
  • Mr. Craig J. TaylorExecutive Vice President of Infiltrator Water Technologies · b. 1977
  • Mr. Tim A. MakowskiChief Accounting Officer, VP & Controller · b. 1978
  • Mr. Michael HigginsVice President of Corporate Strategy & Investor Relations
  • Mr. Brian W. KingExecutive Vice President of Product Management & Marketing · b. 1970
  • Mr. Bret MartzExecutive Vice President of Sales
  • Mr. Patrick CoyleExecutive Vice President of Supply Chain

Financials

Income Statement

Currency: USD2011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue863.14M1.01B1.02B1.07B1.18B1.18B1.26B1.33B1.38B1.67B1.98B2.77B3.07B2.87B2.90B3.05B
Growth (%)-+17.45%+0.33%+5.10%+10.39%-0.19%+6.74%+5.81%+4.09%+20.88%+18.46%+39.67%+10.90%-6.40%+1.04%+5.03%
Cost of Revenue699.46M818.40M829.14M856.12M973.96M935.48M961.45M1.03B1.06B1.18B1.29B1.97B1.95B1.73B1.81B1.94B
Gross Profit163.68M195.36M187.96M212.89M206.11M242.34M295.81M302.48M326.97M497.54M690.08M800.38M1.12B1.15B1.09B1.11B
Gross Margin18.96%19.27%18.48%19.91%17.47%20.58%23.53%22.74%23.61%29.73%34.80%28.90%36.42%39.87%37.68%36.31%
Operating Expense124.11M100.31M130.48M159.58M147.48M166.45M219.48M214.23M197.55M592.89M345.56M388.47M399.10M413.82M436.81M420.83M
Operating Income39.57M95.05M57.48M53.31M58.63M75.89M76.33M88.25M129.41M-95.35M344.52M411.92M719.31M732.13M657.44M686.71M
Operating Margin4.58%9.38%5.65%4.99%4.97%6.44%6.07%6.63%9.35%-5.70%17.38%14.87%23.42%25.47%22.64%22.51%
EBITDA95.55M147.80M120.48M113.18M68.38M89.76M154.65M167.21M202.13M281.82M493.51M558.87M872.43M910.52M864.55M872.49M
EBITDA Margin11.07%14.58%11.85%10.59%5.79%7.62%12.30%12.57%14.60%16.84%24.89%20.18%28.41%31.68%29.77%28.60%
Net Income2.35M43.26M20.66M11.12M8.62M26.30M32.95M62.01M77.77M-193.17M224.23M271.33M507.09M509.92M450.17M426.46M
Net Income Margin0.27%4.27%2.03%1.04%0.73%2.23%2.62%4.66%5.62%-11.54%11.31%9.80%16.51%17.74%15.50%13.98%
R&D--3.54M3.27M03.55M3.37M2.16M2.66M-------
R&D as % of Total Revenue--0.35%0.31%0.00%0.30%0.27%0.16%0.19%-------
Interest Expense27.12M21.84M18.53M18.81M019.37M17.47M15.26M18.62M82.71M35.66M33.55M70.18M88.86M91.80M93.80M
Interest Expense % of Total Revenue3.14%2.15%1.82%1.76%0.00%1.64%1.39%1.15%1.34%4.94%1.80%1.21%2.29%3.09%3.16%3.08%

Balance Sheet

Currency: USD2011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets-905.03M907.74M937.60M1.04B1.00B1.05B1.04B1.04B2.37B2.41B2.65B2.90B3.27B3.69B4.51B
Total Liabilities-615.31M585.12M761.32M727.10M726.58M704.08M617.90M541.52M1.59B1.35B1.54B1.91B1.99B2.05B2.55B
Total Equity-269.09M299.36M223.04M314.60M291.69M327.30M408.68M486.65M772.82M1.05B1.09B977.37M1.26B1.62B1.93B
Cash-2.08M1.36M3.93M3.62M3.62M6.45M17.59M8.89M174.23M195.01M20.13M217.13M490.16M463.32M223.01M
Total Debt-370.67M349.99M500.78M445.40M461.13M428.80M379.72M319.21M1.17B850.50M958.84M1.34B1.37B1.45B1.79B
Net Debt-368.59M348.63M496.85M396.27M457.51M422.35M362.13M310.31M995.73M655.49M938.72M1.12B876.62M981.80M1.57B

Cash Flow

Currency: USD2011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow37.23M57.00M75.35M62.12M74.38M68.58M104.24M137.12M151.68M306.19M452.22M274.89M707.81M717.93M581.49M819.05M
Investing Cash Flow-53.24M-35.83M-44.80M-41.77M-76.09M-80.49M-61.26M-30.45M-42.54M-1.15B-77.87M-198.83M-214.48M-155.66M-447.87M-1.21B
Financing Cash Flow15.13M-21.23M-31.34M-17.71M1.79M12.06M-42.83M-94.95M-117.66M1.01B-354.58M-251.07M-296.28M-284.34M-157.73M156.32M
Capital Expenditure30.04M29.86M39.84M43.60M32.08M36.10M51.30M41.71M43.41M67.68M78.76M149.08M166.91M183.81M212.94M249.77M
Free Cash Flow7.19M27.13M35.52M18.52M42.30M32.47M52.94M95.41M108.27M238.51M373.46M125.81M540.90M534.12M368.55M569.29M
Dividends Paid5.24M4.93M6.16M112.75M7.87M4.80M16.82M18.48M26.15M92.13M32.16M38.49M39.61M43.99M49.74M56.12M
FCF to OCF19.32%47.61%47.14%29.82%56.87%47.35%50.79%69.58%71.38%77.90%82.58%45.77%76.42%74.40%63.38%69.51%
Dividend Paid to FCF72.79%18.17%17.33%608.65%18.60%14.79%31.77%19.37%24.15%38.63%8.61%30.60%7.32%8.24%13.50%9.86%

Earnings

Report DateNov 1, 2013Sep 3, 2014Nov 5, 2014Feb 5, 2015May 12, 2015Sep 2, 2015Nov 25, 2015Mar 17, 2016Jun 7, 2016Sep 6, 2016Oct 6, 2016Feb 9, 2017May 25, 2017Aug 3, 2017Nov 2, 2017Feb 8, 2018May 29, 2018Aug 9, 2018Nov 8, 2018Feb 7, 2019May 23, 2019Aug 1, 2019Nov 7, 2019Feb 6, 2020May 21, 2020Aug 6, 2020Nov 5, 2020Feb 4, 2021May 20, 2021Aug 5, 2021Nov 4, 2021Feb 3, 2022May 19, 2022Aug 4, 2022Nov 3, 2022Feb 2, 2023May 18, 2023Aug 3, 2023Nov 2, 2023Feb 8, 2024May 16, 2024Aug 8, 2024Nov 8, 2024Feb 6, 2025May 15, 2025Aug 7, 2025Nov 6, 2025Feb 5, 2026May 21, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.310.250.300.14-0.06-0.350.14-0.070.220.240.17-0.070.350.370.20-0.060.400.460.350.010.540.600.380.150.731.110.510.341.291.171.010.641.461.891.210.801.541.691.051.032.071.891.231.091.781.641.100.972.191.93
EPS Actual0.000.250.350.03-0.190.190.190.00-0.110.370.370.16-0.220.270.280.47-0.030.640.570.320.010.450.210.440.131.101.060.810.441.231.231.270.942.231.810.971.142.071.711.401.312.061.701.091.031.951.981.271.072.49-
Surprise-100.00%0.00%16.67%-78.57%-220.50%--44.40%-100.00%-57.14%68.18%54.17%-5.88%-214.29%-22.86%-24.32%135.00%50.00%60.00%23.91%-8.57%0.00%-16.67%-65.00%15.79%-13.33%50.68%-4.50%58.82%29.41%-4.65%5.13%25.74%46.88%52.74%-4.23%-19.83%42.50%34.42%1.18%33.33%27.18%-0.48%-10.05%-11.38%-5.50%9.55%20.73%15.45%10.31%13.70%-
Timing-Pre-marketPre-marketPre-marketPre-market---Pre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap9.69B
Enterprise Value11.39B
Trailing P/E22.27
Forward P/E20.79
PEG Ratio1.22
Price / Sales3.01
Price / Book5.25
EPS5.77
Book Value25.12
Revenue (TTM)3.22B
Gross Profit (TTM)1.24B
EBITDA947.55M
Profit Margin14.00%
Operating Margin26.33%
Return on Equity26.35%
Return on Assets10.97%
Shares Outstanding75.41M
Shares Float69.87M
Beta1.28
Dividend Yield0.62%
Dividend Rate0.80
Payout Ratio11.16%

Analyst Ratings

Strong Buy
Based on 9 analystsTarget 182.25
  • Strong Buy
    7
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
97.11%
Insiders
7.17%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    7.42M9.84%
  • Vanguard Portfolio Management, LLC
    3.62M4.79%
  • Vanguard Capital Management, LLC
    3.42M4.54%
  • First Trust Advisors L.P.
    2.66M3.53%
  • State Street Corp
    2.49M3.30%
  • UBS Asset Mgmt Americas Inc
    2.45M3.25%
  • Impax Asset Management Group PLC
    1.85M2.45%
  • Baillie Gifford & Co Limited.
    1.84M2.43%
  • American Century Companies Inc
    1.63M2.17%
  • Geode Capital Management, LLC
    1.34M1.78%
  • Morgan Stanley - Brokerage Accounts
    1.33M1.77%
  • NORGES BANK
    1.30M1.73%
  • Amundi
    1.29M1.71%
  • Dimensional Fund Advisors, Inc.
    1.28M1.69%
  • Pictet Asset Manangement SA
    1.13M1.50%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    2.51M3.33%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.44M3.23%
  • Pictet-Water I EUR
    1.91M2.53%
  • Vanguard Small Cap Index
    1.76M2.34%
  • First Trust RBA Amer Indl RenaisTM ETF
    1.74M2.30%

Dividends

20263×
0.20Sep 1, 20260.20Jun 1, 20260.18Mar 2, 2026
20254×
0.18Dec 1, 20250.18Aug 29, 20250.18May 30, 20250.16Feb 28, 2025
20244×
0.16Dec 2, 20240.16Aug 30, 20240.16May 31, 20240.14Feb 29, 2024
20234×
0.14Nov 30, 20230.14Aug 31, 20230.14May 31, 20230.12Feb 28, 2023
20224×
0.12Nov 30, 20220.12Aug 31, 20220.12May 31, 20220.11Feb 28, 2022
20214×
0.11Nov 30, 20210.11Aug 31, 20210.11May 28, 20210.09Feb 26, 2021
20201×
0.09Nov 30, 2020