WMS
Advanced Drainage Systems, Inc.
Stock
$127.27+0.41 (+0.32%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2B | $3.1B | $2.9B | $2.9B | $3.1B | $2.8B | $2.0B | $1.7B | $1.4B | $1.3B | $1.3B |
| Cost of revenue | $2.0B | $1.9B | $1.8B | $1.7B | $2.0B | $2.0B | $1.3B | $1.4B | $1.1B | $1.0B | $961M |
| Gross profit | $1.2B | $1.2B | $1.1B | $1.1B | $1.1B | $800M | $690M | $316M | $327M | $302M | $296M |
| SG&A | — | — | — | — | — | — | $268M | $271M | $186M | $191M | $202M |
| Other operating expenses | — | — | — | — | — | — | $78M | $140M | $12M | $23M | $17M |
| Operating income | $668M | $619M | $657M | $732M | $719M | $412M | $345M | −$95M | $129M | $88M | $76M |
| Non-operating income | −$69M | −$59M | −$68M | −$65M | −$62M | −$28M | −$32M | −$84M | −$18M | −$11M | −$11M |
| Pretax income | $599M | $560M | $589M | $667M | $657M | $384M | $312M | −$180M | $112M | $77M | $65M |
| Taxes | $148M | $133M | $139M | $157M | $150M | $112M | $88M | $14M | $34M | $15M | $2.8M |
| Net income | $451M | $426M | $450M | $510M | $507M | $271M | $224M | −$193M | $78M | $62M | $62M |
| Diluted EPS | $5.79 | $5.44 | $5.76 | $6.45 | $6.08 | $3.15 | $2.59 | −$3.21 | $1.22 | $0.99 | $0.99 |
| Diluted shares | — | 78.4M | 78.2M | 79.0M | 83.3M | 72.9M | 71.6M | 63.8M | 57.6M | 56.3M | 56.3M |
| Revenue growth | — | +5.0% | +1.0% | −6.4% | +10.9% | +39.7% | +18.5% | +20.9% | +4.1% | +5.8% | — |
| Gross margin | 38.6% | 38.3% | 37.7% | 39.9% | 36.4% | 28.9% | 34.8% | 18.9% | 23.6% | 22.7% | 23.5% |
| Operating margin | 20.7% | 20.3% | 22.6% | 25.5% | 23.4% | 14.9% | 17.4% | −5.7% | 9.3% | 6.6% | 6.1% |
| Net margin | 14.0% | 14.0% | 15.5% | 17.7% | 16.5% | 9.8% | 11.3% | −11.5% | 5.6% | 4.7% | 4.9% |