Advanced Drainage Systems, Inc. (WMS)

From the record

Advanced Drainage Systems, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Advanced Drainage Systems, Inc.'s 10 filed years say what it did: revenue went from $1.3 billion in fiscal 2017 to $3.1 billion in fiscal 2026, up 10.4% a year; it rose in 8 of 9 years; the deepest fall was 6% from fiscal 2023 to fiscal 2024; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-03-31, Advanced Drainage Systems, Inc.'s diluted share count shrank about 2.0% a year, and dividends and buybacks returned about 25% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 9 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-03-31, Advanced Drainage Systems, Inc. earned about 23 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 26 cents per dollar of everything the company owns. Leverage: it owed about 58 cents per dollar of assets, and net share issuance: its share count grew 0.2% over the year (the filed statements).

From the record

Advanced Drainage Systems, Inc.'s standing among 10 graded names in its industry family: revenue of $3.1 billion in fiscal 2026 ranks in the bottom 39% by size; a net margin of 14% ranks in the top 25%; revenue growth of -0.2% a year over the last 3 filed years ranks in the bottom 35% (its annual reports).

From the record

Advanced Drainage Systems, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Barbour, D. Scott (President & Chief Executive Officer, as filed), filing under that title since 2017-09-06, 9.2 years (top 31% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 7.3 years (top 19%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (top 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Advanced Drainage Systems, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $223 million against debt of $1.6 billion leaves -31.2% of its assets as net cash, bottom 5% of its family; cash from operations less capital spending is 18.7% of revenue (top 25%); a gross margin of 38.3% (bottom 35%) (its annual report).

From the record

Advanced Drainage Systems, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew -0.2% a year over the last three filed years against 10.4% over all 10, slowing (bottom 25% of its family); the newest year grew 5% (bottom 45%); capital spending grew 14.4% a year (top 15%) (its annual reports). Advanced Drainage Systems, Inc. reported 2 lines of business in fiscal 2026: Stormwater at $2.4 billion (79%), Wastewater at $653 million (21%); 2 of 2 grew against the year before (its annual report).

From the record

Advanced Drainage Systems, Inc.'s newest year against its own record: revenue of $3.1 billion in fiscal 2026 came in 8% above the $2.8 billion its prior three years' pace pointed to (top 28% of its family); net income of $426 million against a prior three-year average of $489 million (top 28%); a net margin of 14% against 16.6% before (top 28%) (its annual reports).