Advanced Drainage Systems, Inc.
WMS Industrials Building Products & Equipment
Advanced Drainage Systems, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $3.1 billion, up 5.03% from fiscal 2025. In the quarter to June 2026, revenue grew 20.6%, EPS grew 18.9%, free cash flow fell 8.28% and total debt rose 23.8%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| Mar '17 | Mar '18 | Mar '19 | Mar '20 | Mar '21 | Mar '22 | Mar '23 | Mar '24 | Mar '25 | Mar '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash and Short Term Investments |
6.45 | 17.59 | 8.89 | 174.23 | 195.01 | 20.13 | 217.13 | 490.16 | 463.32 | 223.01 |
Receivables |
168.94 | 171.96 | 186.99 | 200.03 | 236.19 | 341.75 | 306.95 | 323.58 | 333.22 | 390.54 |
Inventory |
258.43 | 263.79 | 264.54 | 282.40 | 300.96 | 494.32 | 463.99 | 464.20 | 488.27 | 543.38 |
Other current assets |
7.00 | 5.11 | 6.09 | 9.55 | 10.82 | 15.70 | 29.42 | 22.03 | 39.97 | 73.90 |
Total current assets |
440.57 | 458.45 | 466.51 | 666.21 | 742.98 | 871.90 | 1,017.49 | 1,299.97 | 1,324.78 | 1,230.83 |
Property, Plant, Equpment (Net) |
406.86 | 399.38 | 398.89 | 481.38 | 504.28 | 619.38 | 733.06 | 876.35 | 1,051.04 | 1,217.17 |
Goodwill and Intangible Assets (Total) |
152.32 | 147.45 | 139.82 | 1,153.16 | 1,081.09 | 1,041.68 | 1,027.82 | 969.84 | 1,168.28 | 1,891.24 |
Long-term assets (Other) |
46.54 | 37.95 | 36.94 | 69.14 | 85.49 | 116.80 | 122.76 | 122.76 | 146.25 | 166.39 |
Total non-current assets |
605.72 | 584.79 | 575.65 | 1,703.68 | 1,670.85 | 1,777.86 | 1,883.64 | 1,968.95 | 2,365.58 | 3,274.79 |
Total Assets |
1,046.29 | 1,043.24 | 1,042.16 | 2,369.89 | 2,413.83 | 2,649.76 | 2,901.13 | 3,268.91 | 3,690.36 | 4,505.62 |
Accounts Payable |
121.92 | 105.52 | 93.58 | 106.71 | 171.10 | 224.99 | 210.11 | 254.40 | 218.02 | 237.71 |
Current Part of Debt |
37.79 | 26.85 | 25.93 | 7.96 | 7.00 | 19.45 | 14.69 | 11.87 | 9.93 | 5.87 |
Current Part of Capital Lease |
21.45 | 22.01 | 23.12 | 20.38 | 19.32 | 5.09 | 8.54 | 18.02 | 33.14 | 38.14 |
Other current liabilities |
66.00 | 61.00 | 62.00 | 93.00 | 107.00 | 121.00 | 128.00 | — | — | 15.14 |
Total current liabilities |
255.75 | 221.24 | 206.29 | 238.21 | 318.27 | 391.24 | 378.80 | 439.62 | 398.40 | 509.47 |
Long Term Debt (Total) |
369.56 | 330.86 | 270.16 | 1,133.87 | 815.18 | 920.10 | 1,301.66 | 1,321.18 | 1,382.59 | 1,727.89 |
Long Term Tax Liability (Deferred) |
44.01 | 32.30 | 45.96 | 175.62 | 162.19 | 168.44 | 159.06 | 156.71 | 190.42 | 220.99 |
Minority Interests |
8.23 | 8.47 | — | — | — | — | — | — | — | — |
Non-current Liabilities (Other) |
26.53 | 25.02 | 19.12 | 37.61 | 54.77 | 64.94 | 219.96 | 179.29 | 175.82 | 164.96 |
Total non-current liabilities |
448.32 | 396.66 | 335.24 | 1,347.09 | 1,032.14 | 1,153.47 | 1,680.68 | 1,657.18 | 1,748.83 | 2,113.84 |
Total liabilities |
704.08 | 617.90 | 541.52 | 1,585.31 | 1,350.41 | 1,544.71 | 2,059.49 | 2,096.80 | 2,147.22 | 2,623.31 |
Additional Paid In Capital |
755.79 | 364.91 | 391.04 | 827.57 | 918.59 | 1,065.63 | 1,134.86 | 1,219.83 | 1,277.69 | 1,342.09 |
Preferred Stock (Total) |
302.81 | 291.25 | 282.64 | 269.53 | 240.94 | 195.38 | 153.22 | — | 92.65 | 73.65 |
Common Stock (Net) |
12.39 | 11.43 | 11.44 | 11.56 | 11.58 | 11.61 | 11.65 | 11.68 | 11.69 | 11.71 |
Retained Earnings |
(83.68) | (39.21) | 17.58 | (267.62) | (75.20) | 158.88 | 626.22 | 1,092.21 | 1,492.63 | 1,862.94 |
Treasury Stock |
436.98 | 8.28 | 9.86 | 10.46 | 10.96 | 318.69 | 921.00 | 1,140.58 | 1,219.41 | 1,325.71 |
Common Equity (Total) |
39.39 | 134.09 | 218.00 | 515.05 | 822.48 | 909.66 | 841.64 | 1,172.12 | 1,543.14 | 1,882.31 |
Shareholders Equity (Total) |
342.21 | 425.34 | 500.64 | 784.58 | 1,063.43 | 1,105.05 | 841.64 | 1,172.12 | 1,543.14 | 1,882.31 |
Shareholders Equity and Liabilities (Total) |
1,046.29 | 1,043.24 | 1,042.16 | 2,369.89 | 2,413.83 | 2,649.76 | 2,901.13 | 3,268.91 | 3,690.36 | 4,505.62 |
Shares (Common) |
55.34 | 56.48 | 57.49 | 69.32 | 71.57 | 72.31 | 69.52 | 70.87 | 71.86 | 72.65 |
Shares (Preferred) |
24.23 | 23.30 | 22.61 | 21.56 | 19.28 | 15.63 | — | — | — | — |
Shareholders Equity (Tangible) |
189.88 | 277.88 | 360.82 | (368.58) | (17.66) | 63.37 | (186.18) | 202.28 | 374.85 | (8.93) |
Net Debt |
400.90 | 340.12 | 287.20 | 967.59 | 627.18 | 919.42 | 1,099.23 | 842.89 | 929.20 | 1,510.75 |
Total Debt |
407.35 | 357.71 | 296.09 | 1,141.82 | 822.18 | 939.55 | 1,316.36 | 1,333.05 | 1,392.52 | 1,733.76 |