WMS
$127.27+0.32%
as of close, Oct 2, 2026
☾ AH $127.27 +0.32%
Advanced Drainage Systems Inc.Stock · Consumer DiscretionaryUS Stock Market 0.02%Russell 1000 0.02%Russell 3000 0.02%
WMS financial statements
The full income statement, balance sheet, and cash-flow statement for Advanced Drainage Systems Inc. (WMS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 77.5M2024-09 77.5M2024-12 77.6M2025-03 77.6M2025-06 77.8M2025-09 77.8M2025-12 77.9M2026-03 76.6M2026-06 75.4M-2.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Revenue | 3.05B+5.0% | 2.90B+1.0% | 2.87B-6.4% | 3.07B+10.9% | 2.77B+39.7% | |
| Gross profit | 1.17B+6.7% | 1.09B-4.5% | 1.15B+2.5% | 1.12B+39.7% | 800M+16.0% | |
| Restructuring | — | — | — | -4.10M | — | |
| Amortization of intangibles | 59.4M+13.0% | 52.6M+2.1% | 51.5M-6.8% | 55.2M-13.7% | 64.0M-13.2% | |
| Operating income | 619M-5.8% | 657M-10.2% | 732M+1.8% | 719M+74.6% | 412M+19.6% | |
| Other non-operating income | 34.5M+44.6% | 23.8M+1.5% | 23.5M+194.6% | 7.97M+55.0% | 5.14M+51.1% | |
| Equity-method income | 5.06M+21.4% | 4.17M-24.7% | 5.54M+14.3% | 4.84M+205.3% | 1.59M+689.1% | |
| Pre-tax income | 560M-5.0% | 589M-11.6% | 667M+1.5% | 657M+71.3% | 384M+22.8% | |
| Income tax | 135M-4.3% | 141M-11.3% | 159M+5.6% | 151M+36.8% | 110M+27.4% | |
| 426M-5.3% | 450M-11.7% | 510M+0.6% | 507M+86.9% | 271M+21.0% | ||
| Net income to non-controlling interest | 2.31M-3.9% | 2.40M-28.9% | 3.38M-20.9% | 4.27M+15.5% | 3.69M+98.7% | |
| Preferred dividends | — | — | — | — | 294K-15.8% | |
| Net income to common | — | 450M-11.7% | 510M+0.6% | 507M+120.9% | 230M+23.8% | |
| $5.44-5.6% | $5.76-10.7% | $6.45+6.1% | $6.08+93.0% | $3.15+21.6% | ||
| EPS (basic) | $5.48-5.7% | $5.81-10.9% | $6.52+5.8% | $6.16+91.3% | $3.22+22.0% | |
| Weighted-avg shares (basic) | 77.8M+0.3% | 77.5M-0.9% | 78.3M-4.9% | 82.3M+15.5% | 71.3M+1.6% | |
| Weighted-avg shares (diluted) | 78.4M+0.2% | 78.2M-1.0% | 79.0M-5.2% | 83.3M+14.3% | 72.9M+1.9% | |
| Dividends per share | $0.72+12.5% | $0.64+14.3% | $0.56+16.7% | $0.48+9.1% | $0.44+22.2% | |
| Balance Sheet | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| 1.23B-7.1% | 1.32B+1.9% | 1.30B+27.8% | 1.02B+16.7% | 872M+17.4% | ||
| Cash & equivalents | 223M-51.9% | 463M-5.5% | 490M+125.7% | 217M+978.9% | 20.1M-89.7% | |
| Accounts receivable | 391M+17.2% | 333M+3.0% | 324M+5.4% | 307M-10.2% | 342M+44.7% | |
| Inventory | 543M+11.3% | 488M+5.2% | 464M+0.0% | 464M-6.1% | 494M+64.2% | |
| Other current assets | 30.4M-4.2% | 31.8M+44.3% | 22.0M-25.1% | 29.4M+87.4% | 15.7M+45.1% | |
| 4.51B+22.1% | 3.69B+12.9% | 3.27B+12.7% | 2.90B+9.5% | 2.65B+9.8% | ||
| Property, plant & equipment | 1.22B+15.8% | 1.05B+19.9% | 876M+19.5% | 733M+18.4% | 619M+22.8% | |
| Operating lease right-of-use | 73.8M+7.2% | 68.8M+27.9% | 53.8M+6.0% | 50.8M-7.0% | 54.6M+74.7% | |
| Goodwill | 1.04B+44.8% | 720M+16.7% | 617M-0.5% | 620M+1.6% | 610M+1.9% | |
| Intangible assets | 849M+89.4% | 448M+27.1% | 353M-13.5% | 408M-5.5% | 431M-10.5% | |
| Other non-current assets | 166M+13.8% | 146M+19.1% | 123M+0.0% | 123M+5.1% | 117M+36.6% | |
| 509M+27.9% | 398M-9.4% | 440M+16.1% | 379M-3.2% | 391M+22.9% | ||
| Accounts payable | 238M+9.0% | 218M-14.3% | 254M+21.1% | 210M-6.6% | 225M+31.5% | |
| Short-term & current debt | 5.87M-41.0% | 9.93M-16.3% | 11.9M-19.2% | 14.7M-24.5% | 19.5M+177.9% | |
| Current lease liability | 21.3M+9.5% | 19.5M+23.8% | 15.7M+9.4% | 14.4M+1.2% | 14.2M+57.9% | |
| Finance lease liability (current) | 38.1M+15.1% | 33.1M+84.0% | 18.0M+110.9% | 8.54M+67.8% | 5.09M-73.7% | |
| 2.55B+24.1% | 2.05B+3.3% | 1.99B+4.3% | 1.91B+23.4% | 1.54B+14.4% | ||
| Long-term debt | 1.61B+28.3% | 1.25B-0.6% | 1.26B-0.8% | 1.27B+39.7% | 909M+16.2% | |
| Non-current lease liability | 52.9M+8.4% | 48.8M+24.9% | 39.1M+5.4% | 37.1M-9.7% | 41.0M+83.2% | |
| Operating lease liability (total) | 74.2M+8.7% | 68.2M+24.6% | 54.8M+6.5% | 51.4M-6.9% | 55.2M+76.0% | |
| Finance lease liability (total) | 160M-2.5% | 164M+106.0% | 79.7M+95.2% | 40.8M+147.6% | 16.5M-68.5% | |
| Finance lease liability | 122M-6.9% | 131M+112.5% | 61.7M+91.1% | 32.3M+183.3% | 11.4M-65.4% | |
| Deferred tax liabilities | 221M+16.1% | 190M+21.5% | 157M-1.5% | 159M-5.6% | 168M+3.9% | |
| Other non-current liabilities | 91.3M+9.8% | 83.2M+17.6% | 70.7M+5.9% | 66.7M+2.8% | 64.9M+18.6% | |
| 1.86B+21.8% | 1.53B+32.3% | 1.15B+39.9% | 824M-7.7% | 893M+8.9% | ||
| Common stock | 11.7M+0.1% | 11.7M+0.1% | 11.7M+0.3% | 11.6M+0.3% | 11.6M+0.3% | |
| Additional paid-in capital | 1.34B+5.0% | 1.28B+4.7% | 1.22B+7.5% | 1.13B+6.5% | 1.07B+16.0% | |
| Retained earnings | 1.86B+24.8% | 1.49B+36.7% | 1.09B+74.4% | 626M+294.2% | 159M+311.3% | |
| Treasury stock | 1.33B+8.7% | 1.22B+6.9% | 1.14B+23.8% | 921M+189.0% | 319M+2808.0% | |
| Accumulated other comprehensive income | -32.3M+13.1% | -37.2M-24.6% | -29.8M-8.2% | -27.6M-13.1% | -24.4M-0.7% | |
| Non-controlling interest | 23.6M+33.2% | 17.7M-5.9% | 18.8M+7.5% | 17.5M+5.2% | 16.6M+21.1% | |
| Total equity incl. non-controlling | 1.88B+22.0% | 1.54B+31.7% | 1.17B+39.3% | 842M-7.5% | 910M+9.1% | |
| Total liabilities & equity | 4.51B+22.1% | 3.69B+12.9% | 3.27B+12.7% | 2.90B+9.5% | 2.65B+9.8% | |
| Common shares issued | 85.3M+1.9% | 83.8M+1.8% | 82.3M+4.1% | 79.1M+4.7% | 75.5M+4.8% | |
| Common shares outstanding | 72.7M+1.1% | 71.9M+1.4% | 70.9M+1.9% | 69.5M-3.9% | 72.3M+1.0% | |
| Shares outstanding (cover) | 76.6M-1.3% | 77.6M+0.2% | 77.4M-2.0% | 79.0M-6.4% | 84.4M+17.8% | |
| Cash Flow | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| 819M+40.9% | 581M-19.0% | 718M+1.4% | 708M+157.5% | 275M-39.2% | ||
| Depreciation & amortization | 216M+18.0% | 183M+18.3% | 155M+6.7% | 145M+2.4% | 142M+113.5% | |
| Intangible amortization | 59.4M+13.0% | 52.6M+2.1% | 51.5M-6.8% | 55.2M-13.7% | 64.0M-13.2% | |
| Deferred income taxes | 35.2M+10079.6% | -353K+84.4% | -2.26M+76.9% | -9.79M-540.2% | 2.22M+116.2% | |
| Change in inventory | -30.6M-294.4% | 15.7M+2751.3% | -594K+98.0% | -30.2M-115.9% | 190M+1202.9% | |
| -1.21B-170.6% | -448M-187.7% | -156M+27.4% | -214M-7.9% | -199M-155.3% | ||
| Capital expenditure | 250M+17.3% | 213M+15.8% | 184M+10.1% | 167M+12.0% | 149M+89.3% | |
| Free cash flow | 569M+54.5% | 369M-31.0% | 534M-1.3% | 541M+329.9% | 126M-66.3% | |
| Acquisitions | 991M+317.6% | 237M | 0.00-100.0% | 48.0M-2.6% | 49.3M | |
| Other investing activities | 3.53M+247.9% | -2.39M-267.4% | -650K-45.7% | -446K-201.1% | 441K+149.9% | |
| 156M+199.1% | -158M+44.5% | -284M+4.0% | -296M-18.0% | -251M+29.2% | ||
| Long-term debt issued | 27.2M | 0.00 | 0.00-100.0% | 500M | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 92.0M+31.5% | 69.9M-66.3% | 207M-63.9% | 575M+96.9% | 292M | |
| Dividends paid | 56.1M+12.8% | 49.7M+13.1% | 44.0M+11.1% | 39.6M+7.0% | 37.0M+20.7% | |
| Other financing activities | -2.00K-200.0% | 2.00K | 0.00+100.0% | -260K-39.8% | -186K+87.5% | |
| Net change in cash | -235M-785.4% | -26.6M-109.5% | 279M+41.5% | 197M+212.6% | -175M-941.8% | |
| Interest paid | 87.0M-2.7% | 89.5M+3.7% | 86.3M+42.7% | 60.5M+84.1% | 32.8M-12.7% | |
| Income taxes paid | 113M-20.3% | 142M-11.8% | 161M-3.5% | 167M+57.0% | 106M+8.9% | |
| Valuation Ratios | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Market cap | 10.5B+24.6% | 8.43B-37.8% | 13.6B+103.8% | 6.65B-33.6% | 10.0B+35.4% | |
| P/E | 24.6×+31.5% | 18.7×-29.9% | 26.7×+103.8% | 13.1×-64.5% | 36.9×+11.9% | |
| P/S | 3.4×+18.6% | 2.9×-34.2% | 4.4×+103.8% | 2.2×-40.2% | 3.6×-3.1% | |
| P/B | 5.7×+2.3% | 5.5×-61.5% | 14.3×+77.8% | 8.1×-28.1% | 11.2×+24.3% | |
| P/FCF | 18.5×-19.3% | 22.9×-8.7% | 25.1×+103.8% | 12.3×-84.6% | 79.7×+301.9% | |
| Earnings yield | 4.1%-24.0% | 5.3%+42.7% | 3.7%-50.9% | 7.6%+181.7% | 2.7%-10.6% | |
| FCF yield | 5.4%+24.0% | 4.4%+9.6% | 4.0%-50.9% | 8.1%+548.0% | 1.3%-75.1% | |
| Dividend yield | 0.53%-10.9% | 0.59%+81.2% | 0.33%-43.0% | 0.57%+53.9% | 0.37%+6.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: WMS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all WMS filings on SEC EDGAR → Not investment advice.