Inside the research
Advanced Drainage Systems, Inc.
WMS Research profile · latest available data
Price overview
$133.13
▲ +4.29 (+3.3%)
| 52w hi | $174.69 |
|---|---|
| 52w lo | $125.33 |
| Vol | 784.20K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.43
| Short | -0.61 |
|---|---|
| Medium | -0.48 |
| Long | +0.03 |
computed 2026-09-27
Key fundamentals
Advanced Drainage Systems, Inc.
Industrials · Building Products & Equipment
| Market cap | $10.04B |
|---|---|
| Enterprise value | $11.67B |
| Trailing P/E | 22.68x |
| Forward P/E | 18.03x |
| EV / EBITDA | 12.32x |
| P / S (ttm) | 3.12x |
| Profit margin | 14.0% |
| Return on equity | 26.4% |
| Revenue growth | +20.6% |
| Earnings growth | +18.8% |
| Debt / equity | 97.19 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.33 | |
| Sector | -0.01 | |
| Technical | -0.47 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 1.21 |
|---|---|
| Corr SPX | 0.49 |
| Annual vol | 39.3% |
| Annual ret | +0.9% |
| Sharpe | 0.02 |
| Max DD | -40.8% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $190.30 |
|---|---|
| High / Low | $215.00 / $174.00 |
| Median | $189.00 |
| Analysts | 10 |
| Strong Buy | 2 | |
|---|---|---|
| Buy | 7 | |
| Hold | 1 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-17 | Oppenheimer | → Outperform |
| 2026-04-08 | Barclays | → Overweight |
| 2026-02-09 | Oppenheimer | → Outperform |
| 2026-02-06 | RBC Capital | → Outperform |
| 2026-02-06 | Keybanc | → Overweight |
| 2026-02-06 | Barclays | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-06 | Earnings Release, Reg FD Disclosure… | read |
| 2026-07-16 | Shareholder Vote, Exhibits | read |
| 2026-06-18 | Reg FD Disclosure, Exhibits | read |
| 2026-05-21 | Reg FD Disclosure, Exhibits | read |
| 2026-05-21 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-27 | Material Agreement, Material Obligation… | read |
| 2026-02-12 | Reg FD Disclosure, Exhibits | read |
| 2026-02-12 | Reg FD Disclosure, Exhibits | read |
| 2026-02-05 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-02 | Acquisition / Disposition, Reg FD Disclosure… | read |
| 2025-11-06 | Earnings Release, Reg FD Disclosure… | read |
| 2025-09-23 | Material Agreement, Reg FD Disclosure… | read |
Dividends
| Yield (TTM) | 0.27% |
|---|---|
| $ / share (TTM) | $0.36 |
| 5y CAGR | +14.2% |
Annual dividend per share
| 2021 | $0.42 |
|---|---|
| 2022 | $0.47 |
| 2023 | $0.54 |
| 2024 | $0.62 |
| 2025 | $0.70 |
| 2026 | $0.18 |
SEC Filings
The Long Run
FY 2015–2025 · 11 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $3.07B | +27.1% | |
| Gross profit | $1.12B | +33.8% | |
| Operating income | $719.31M | +38.6% | |
| Net income | $450.17M | +48.8% | |
| Cash from ops | $581.49M | +34.1% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $129.46 | $133.89 | $129.10 | $133.13 | 784.20K |
| Sep 24 | $129.32 | $130.20 | $127.69 | $128.84 | 679.20K |
| Sep 23 | $128.94 | $131.21 | $128.10 | $129.74 | 684.00K |
| Sep 22 | $129.44 | $131.63 | $128.51 | $130.73 | 901.40K |
| Sep 21 | $126.93 | $128.10 | $125.31 | $126.88 | 577.80K |
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