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
Vol784.20K
As of25 Sep 2026

The Verdict

Hold

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/E22.68x
Forward P/E18.03x
EV / EBITDA12.32x
P / S (ttm)3.12x
Profit margin14.0%
Return on equity26.4%
Revenue growth+20.6%
Earnings growth+18.8%
Debt / equity97.19

Layer Breakdown

LayerRawContribution
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.

United States · www.adspipe.com

Risk Metrics

Beta vs SPX1.21
Corr SPX0.49
Annual vol39.3%
Annual ret+0.9%
Sharpe0.02
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
Analysts10
Strong Buy2
Buy7
Hold1
Sell0
Strong Sell0

Recent rating actions

2026-04-17Oppenheimer→ Outperform
2026-04-08Barclays→ Overweight
2026-02-09Oppenheimer→ Outperform
2026-02-06RBC Capital→ Outperform
2026-02-06Keybanc→ Overweight
2026-02-06Barclays→ Overweight

Material Events

DateEvent8-K
2026-08-06Earnings Release, Reg FD Disclosure…read
2026-07-16Shareholder Vote, Exhibitsread
2026-06-18Reg FD Disclosure, Exhibitsread
2026-05-21Reg FD Disclosure, Exhibitsread
2026-05-21Earnings Release, Reg FD Disclosure…read
2026-02-27Material Agreement, Material Obligation…read
2026-02-12Reg FD Disclosure, Exhibitsread
2026-02-12Reg FD Disclosure, Exhibitsread
2026-02-05Earnings Release, Reg FD Disclosure…read
2026-02-02Acquisition / Disposition, Reg FD Disclosure…read
2025-11-06Earnings Release, Reg FD Disclosure…read
2025-09-23Material 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

DateFormDoc
2026-08-0610-Qview
2026-08-068-Kview
2026-07-204view
2026-07-204view
2026-07-204view
2026-07-204view
2026-07-204view
2026-07-204view
2026-07-204view
2026-07-204view
2026-07-168-Kview
2026-06-188-Kview
2026-06-174view
2026-06-03DEFA14Aview
2026-06-03ARSview

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%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$129.46$133.89$129.10$133.13784.20K
Sep 24$129.32$130.20$127.69$128.84679.20K
Sep 23$128.94$131.21$128.10$129.74684.00K
Sep 22$129.44$131.63$128.51$130.73901.40K
Sep 21$126.93$128.10$125.31$126.88577.80K

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