The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

WMS

Concerning the House

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.

United States · www.adspipe.com

The Long Run

FY 2015–2025 · 11 years

LineLatestCAGRTrend
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%
Quotation

$149.23

+8.70 (+6.2%)

52w hi$174.94
52w lo$129.50
Vol901.89K
As ofAug 13
The Verdict

Hold

Our score +0.22

Short+0.26
Medium+0.15
Long+0.26

computed 2026-08-13

By the Numbers

Advanced Drainage Systems, Inc.

Industrials · Building Products & Equipment

Market cap$11.25B
Enterprise value$12.23B
Trailing P/E25.42x
Forward P/E19.82x
EV / EBITDA12.90x
P / S (ttm)3.49x
Profit margin14.0%
Return on equity26.4%
Revenue growth+20.6%
Earnings growth+18.8%
Debt / equity97.19
Risk Metrics
Beta vs SPX1.21
Corr SPX0.50
Annual vol39.7%
Annual ret+6.6%
Sharpe0.17
Max DD-40.9%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.31
Sector+0.07
Technical+0.00
Earnings+0.00
Sentiment+0.41

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$141.79$149.33$140.07$149.23901.89K
Aug 12$144.40$144.40$138.75$140.53762.30K
Aug 11$142.77$143.92$141.97343.97K
Aug 10$142.11$142.88$140.48$141.67761.60K
Aug 7$149.70$152.44$143.93$143.95825.80K