Advanced Drainage
WMS
126.08
-3.99
-3.07%
Advanced Drainage
US · WMS
#1509 by market cap
Listed 1970
126.08
-3.99
-3.07%
Live - 5344 symbols - heartbeat 393s ago
· 2026-10-08 02:56
After-hours
126.08
0.00%
Overnight
125.67
-0.33%
- Market cap
- 9.51B
- P/E (TTM)i
- 21.78
- P/Bi
- 5.31
- EPSi
- 5.44
- Div yieldi
- 0.59%
- 52W posi
- 3%
Reader sentiment
Are you bullish or bearish on WMS?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 4.15, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +5.03% YoY
Margins
- Gross margin
- 38.27%
- Operating margin
- 20.93%
- Net margin
- 13.98%
Key ratios & quality
- Enterprise valuei
- 10.96B
- Altman Z-Scorei
- 4.15
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.38B | 1.67B | 1.98B | 2.77B | 3.07B | 2.87B | 2.90B | 3.05B |
| Gross profit | 326.97M | 316.48M | 690.08M | 800.38M | 1.12B | 1.15B | 1.09B | 1.17B |
| Selling & admin expenses | 186.03M | 349.48M | 267.57M | 321.09M | 339.50M | 370.71M | 380.38M | 469.55M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 133.06M | -90.01M | 348.80M | 415.32M | 723.71M | 723.77M | 661.29M | 638.41M |
| Pretax profit | 111.61M | -179.61M | 312.27M | 383.51M | 657.10M | 666.75M | 589.47M | 559.79M |
| Tax | 30.05M | 14.09M | 86.38M | 110.07M | 150.59M | 159.00M | 141.06M | 134.99M |
| Net profit | 81.47M | -191.80M | 226.09M | 275.03M | 511.35M | 513.29M | 452.57M | 428.77M |
| Basic EPS | 1 | -3 | 3 | 3 | 6 | 7 | 6 | 5 |
| Diluted EPS | 1.22 | -3.21 | 2.59 | 3.15 | 6.08 | 6.45 | 5.76 | 5.44 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 615.76M | 829.88M | 850.38M | 693.35M | 676.76M | 1.00B |
| Gross profit | 226.25M | 330.44M | 340.13M | 259.15M | 237.66M | 408.05M |
| Selling & admin expenses | 91.42M | 103.96M | 119.22M | 108.74M | 137.62M | 130.82M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 120.41M | 212.77M | 207.37M | 136.91M | 81.36M | 257.17M |
| Pretax profit | 99.22M | 189.42M | 208.19M | 122.74M | 39.43M | 228.96M |
| Tax | 23.17M | 46.67M | 52.40M | 30.56M | 5.36M | 53.69M |
| Net profit | 76.79M | 144.09M | 156.50M | 94.04M | 34.15M | 170.92M |
| Basic EPS | 1 | 2 | 2 | 1 | 0 | 2 |
| Diluted EPS | 0.99 | 1.84 | 1.99 | 1.19 | 0.42 | 2.19 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 466.51M | 666.21M | 742.98M | 871.90M | 1.02B | 1.30B | 1.32B | 1.23B |
| Cash & ST investments | 8.89M | 174.23M | 195.01M | 20.13M | 217.13M | 490.16M | 463.32M | 223.01M |
| Inventory | 264.54M | 282.40M | 300.96M | 494.32M | 463.99M | 464.20M | 488.27M | 543.38M |
| Total assets | 1.04B | 2.37B | 2.41B | 2.65B | 2.90B | 3.27B | 3.69B | 4.51B |
| Total current liabilities | 206.29M | 238.21M | 318.27M | 391.24M | 378.80M | 439.62M | 398.40M | 509.47M |
| Short-term debt | 49.05M | 36.09M | 35.31M | 38.74M | 37.60M | 45.60M | 62.53M | 65.30M |
| Long-term debt | 208.60M | 1.09B | 782.22M | 908.71M | 1.27B | 1.26B | 1.25B | 1.61B |
| Total liabilities | 541,524,000.00 | 1,585,306,000.00 | 1,350,406,000.00 | 1,544,713,000.00 | 1,906,265,000.00 | 1,988,214,000.00 | 2,054,572,000.00 | 2,549,659,000.00 |
| Total equity | 500.64M | 784.58M | 1.06B | 1.11B | 994.86M | 1.28B | 1.64B | 1.96B |
| Retained earnings | 17.58M | -267.62M | -75.20M | 158.88M | 626.22M | 1.09B | 1.49B | 1.86B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.32B | 1.52B | 1.67B | 1.71B | 1.23B | 1.24B |
| Cash & ST investments | 463.32M | 638.27M | 812.86M | 1.01B | 223.01M | 162.25M |
| Inventory | 488.27M | 453.70M | 423.78M | 431.25M | 543.38M | 548.54M |
| Total assets | 3.69B | 3.91B | 4.08B | 4.14B | 4.51B | 4.51B |
| Total current liabilities | 398.40M | 471.60M | 480.86M | 413.38M | 509.47M | 585.63M |
| Short-term debt | 62.53M | 44.52M | 49.48M | 43.12M | 65.30M | 45.88M |
| Long-term debt | 1.25B | 1.25B | 1.25B | 1.28B | 1.61B | 1.60B |
| Total liabilities | 2,054,572,000.00 | 2,131,669,000.00 | 2,150,178,000.00 | 2,115,294,000.00 | 2,549,659,000.00 | 2,619,740,000.00 |
| Total equity | 1.64B | 1.78B | 1.93B | 2.03B | 1.96B | 1.89B |
| Retained earnings | 1.49B | 1.62B | 1.76B | 1.84B | 1.86B | 2.02B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 151.68M | 306.19M | 452.22M | 274.89M | 707.81M | 717.93M | 581.49M | 819.05M |
| Depreciation & amortization | 71.90M | 124.94M | 145.59M | 141.81M | 145.15M | 154.90M | 183.28M | 216.26M |
| Free cash flow | 108.27M | 238.51M | 373.46M | 125.81M | 540.90M | 534.12M | 368.55M | 569.29M |
| Dividends paid | -26.15M | -92.13M | -30.69M | -37.02M | -39.61M | -44.00M | -49.74M | -56.12M |
| Stock buybacks / issuance | 0 | 293.65M | 0 | -292.00M | -575.03M | -207.31M | -69.92M | -91.96M |
| Ending cash balance | 8.89M | 174.23M | 195.01M | 20.13M | 217.13M | 495.85M | 469.27M | 233.97M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 41.23M | 274.98M | 234.87M | 269.29M | 39.92M | 260.40M |
| Depreciation & amortization | 49.61M | 50.23M | 54.69M | 51.52M | 59.82M | 62.16M |
| Free cash flow | -5.31M | 222.38M | 176.45M | 183.57M | -13.11M | 203.24M |
| Dividends paid | -12.41M | -13.98M | -14.11M | -14.01M | -14.03M | -15.31M |
| Stock buybacks / issuance | 0 | 0 | 0 | 0 | -91.96M | -233.24M |
| Ending cash balance | 469.27M | 644.28M | 818.94M | 1.01B | 233.97M | 170.86M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 43.67 | -57.89 | 28.26 | 26.98 | 54.22 | 45.54 | 31.26 | 24.02 |
| ROA %i | 6.73 | -12.00 | 7.75 | 9.07 | 18.27 | 16.53 | 12.94 | 10.41 |
| ROIC %i | 16.42 | -13.14 | 12.67 | 14.44 | 26.56 | 22.68 | 17.64 | 14.10 |
| 5-year avg ROE %i | -- | -- | 196.66 | 23.87 | 19.05 | 19.42 | 37.25 | 36.41 |
| EBIT margin %i | 9.40 | -5.79 | 17.55 | 15.06 | 23.68 | 26.29 | 23.46 | 21.43 |
| FCF / sales %i | 7.82 | 14.25 | 18.84 | 4.54 | 17.61 | 18.58 | 12.69 | 18.66 |
| Current ratioi | 2.26 | 2.80 | 2.33 | 2.23 | 2.69 | 2.96 | 3.33 | 2.42 |
| Quick ratioi | 0.95 | 1.57 | 1.35 | 0.92 | 1.38 | 1.85 | 2.00 | 1.20 |
| Debt / assetsi | 30.63 | 49.37 | 35.23 | 36.19 | 46.16 | 41.81 | 39.16 | 39.80 |
| LT debt / equityi | 132.42 | 225.29 | 100.80 | 103.03 | 133.18 | 104.70 | 85.45 | 89.42 |
| Interest coveragei | 6.99 | -1.17 | 9.76 | 12.43 | 10.36 | 8.50 | 7.42 | 6.96 |
| Revenue CAGR (3Y) %i | 2.37 | 10.01 | 14.23 | 25.99 | 22.42 | 13.18 | 1.60 | -0.23 |
| Net income CAGR (3Y) %i | 45.88 | -- | 53.49 | 51.67 | -- | 31.50 | 18.38 | -5.61 |
| FCF CAGR (3Y) %i | 6.20 | 65.16 | 57.60 | 5.13 | 31.38 | 12.67 | 43.09 | 1.72 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 31.26 | 27.68 | 27.09 | 26.50 | 24.02 | 24.90 |
| ROA %i | 12.94 | 11.76 | 12.04 | 12.15 | 10.41 | 10.71 |
| ROIC %i | 17.64 | 16.36 | 16.44 | 16.19 | 14.10 | 14.98 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 23.46 | 22.63 | 23.35 | 23.79 | 21.43 | 21.64 |
| FCF / sales %i | 12.69 | 15.94 | 17.72 | 19.30 | 18.66 | 17.08 |
| Current ratioi | 3.33 | 3.22 | 3.48 | 4.12 | 2.42 | 2.12 |
| Quick ratioi | 2.00 | 2.16 | 2.52 | 3.01 | 1.20 | 1.06 |
| Debt / assetsi | 39.16 | 36.58 | 35.08 | 34.88 | 39.80 | 39.15 |
| LT debt / equityi | 85.45 | 78.78 | 72.37 | 69.90 | 89.42 | 92.29 |
| Interest coveragei | 7.42 | 7.18 | 7.58 | 7.77 | 6.96 | 7.12 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Stormwater is the largest reported line at 82.00% of revenue, across 3 reported segments.
- The next-largest line, Wastewater, is a distant second at 20.87% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Stormwater82.00%
Wastewater20.87%
Quote time 2026-10-08 02:56:07 · For reference only, not investment advice and not tailored to your situation.