stockrow
Friday 6 November 2026
Export WMS’s income statement to Excel — free account
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.
- Revenue
- +4.59%
- EPS
- −26.9%
- Free cash flow
- −8.28%
- Total debt
- +24.6%
Quarter to September 2026, against a year earlier
123.42
20.65
−14.33%
Follow WMS
Alert me
| Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 | Mar '17 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
4 | 6 | 7 | 7 | 5 | 6 | 3 | 8 | 7 | 6 |
P/E ratio |
25.02 | 18.73 | 26.18 | 13.72 | 36.90 | 39.16 | 0.00 | 21.52 | 25.00 | 38.42 |
Altman Z-Score |
4.34 | 4.60 | 6.26 | 4.46 | 5.15 | 4.68 | 1.34 | 3.69 | 3.18 | 2.57 |
P/S ratio |
3.50 | 2.90 | 4.64 | 2.26 | 3.06 | 3.66 | 1.12 | 1.08 | 1.04 | 0.96 |
Altman Z″-Score (non-manufacturers) |
4.08 | 4.92 | 4.91 | 4.24 | 3.18 | 2.84 | 1.07 | 3.50 | 2.66 | 1.90 |
P/FCF ratio |
18.73 | 22.86 | 24.96 | 12.82 | 67.31 | 19.42 | 7.88 | 13.83 | 14.45 | 22.72 |
P/Operating CF |
267.09 | 204.37 | 754.79 | 146.33 | 104.49 | 2,108.52 | 190.34 | 409.59 | (770.53) | (97.06) |
Beneish M-Score |
(2.67) | (2.53) | (2.82) | (3.05) | (1.99) | (2.89) | (2.65) | (2.70) | (2.74) | (2.95) |
Dividend Safety Score |
85 | — | — | — | — | — | — | — | — | — |
P/B ratio |
5.66 | 5.46 | 11.38 | 8.24 | 9.31 | 8.82 | 3.65 | 6.87 | 10.28 | 30.53 |
Price to Tangible BV |
0.00 | 22.48 | 65.92 | 0.00 | 0.00 | 0.00 | 0.00 | 19.15 | 0.00 | 0.00 |
EV/Sales |
3.99 | 3.22 | 4.93 | 2.62 | 3.39 | 3.97 | 1.70 | 1.29 | 1.29 | 1.28 |
EV/EBITDA |
14.53 | 11.10 | 15.95 | 9.27 | 16.94 | 16.07 | 44.43 | 8.83 | 10.47 | 10.68 |
EV/Operating CF |
14.86 | 16.09 | 19.75 | 11.35 | 34.15 | 17.43 | 9.30 | 11.77 | 12.53 | 15.38 |
EV/FCF |
21.38 | 25.38 | 26.54 | 14.85 | 74.62 | 21.10 | 11.93 | 16.48 | 18.01 | 30.29 |
Quick Ratio |
1.20 | 2.00 | 1.85 | 1.38 | 0.92 | 1.35 | 1.57 | 0.95 | 0.86 | 0.69 |
Current Ratio |
2.42 | 3.33 | 2.96 | 2.69 | 2.23 | 2.33 | 2.80 | 2.26 | 2.07 | 1.72 |
Net Debt/EBITDA |
1.80 | 1.10 | 0.95 | 1.27 | 1.66 | 1.28 | 15.10 | 1.42 | 2.07 | 2.67 |
Debt/Assets |
38.48% | 37.73% | 40.78% | 45.37% | 35.46% | 34.06% | 48.18% | 28.41% | 34.29% | 38.93% |
Debt/Equity |
0.92 | 0.90 | 1.14 | 1.56 | 0.85 | 0.77 | 1.46 | 0.59 | 0.84 | 1.19 |
Asset Turnover |
0.74 | 0.83 | 0.93 | 1.11 | 1.09 | 0.83 | 0.98 | 1.33 | 1.27 | 1.21 |
Operating CF/Net income |
1.92 | 1.29 | 1.41 | 1.40 | 1.20 | 2.44 | (1.50) | 2.16 | 2.47 | 3.73 |
Capex/Depreciation |
(1.14) | (1.15) | (1.17) | (1.14) | (1.05) | (0.54) | (0.42) | (0.60) | (0.55) | (0.70) |
Interest Coverage |
6.60 | 7.16 | 8.24 | 10.25 | 12.28 | 9.66 | (1.15) | 6.95 | 5.78 | 4.37 |
| 24.90% | 33.16% | 50.64% | 57.91% | 26.50% | 27.72% | (55.85%) | 39.87% | 64.08% | 154.45% | |
| 10.41% | 12.94% | 16.53% | 18.27% | 9.07% | 7.75% | (12.00%) | 6.73% | 5.32% | 2.68% | |
ROIC |
11.41% | 16.62% | 22.71% | 23.16% | 12.72% | 12.74% | (3.40%) | 10.27% | 7.21% | 6.42% |
Return on Tangible Assets |
22.00% | 22.77% | 29.36% | 36.97% | 20.87% | 19.96% | (22.51%) | 10.65% | 8.73% | 4.73% |
Average Days of Receivables |
46.73 | 41.88 | 41.09 | 36.48 | 45.04 | 43.48 | 43.62 | 49.29 | 47.18 | 49.05 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
15.39% | 13.10% | 12.90% | 11.05% | 11.59% | 13.49% | 20.88% | 13.43% | 14.37% | 16.10% |
Intangible Assets out of Total Assets |
0.42 | 0.32 | 0.30 | 0.35 | 0.39 | 0.45 | 0.49 | 0.13 | 0.14 | 0.15 |
Share Based Compensation of Revenue |
1.06% | 0.92% | 1.11% | 0.71% | 2.80% | 3.30% | 1.94% | 1.58% | 1.42% | 1.42% |
Graham Net Nets |
(0.13) | (0.10) | (0.06) | (0.15) | (0.08) | (0.08) | (0.49) | (0.05) | (0.12) | (0.22) |
Graham Number |
54.63 | 50.96 | 46.84 | 37.58 | 30.41 | 26.39 | 0.00 | 10.24 | 7.32 | 3.03 |
Earnings Yield |
4.00% | 5.34% | 3.82% | 7.29% | 2.71% | 2.55% | (12.47%) | 4.65% | 4.00% | 2.60% |
Free Cash Flow Yield |
5.34% | 4.37% | 4.01% | 7.80% | 1.49% | 5.15% | 12.69% | 7.23% | 6.92% | 4.40% |
Revenue per Share |
39.23 | 37.45 | 36.73 | 37.31 | 38.85 | 28.26 | 26.23 | 24.28 | 23.89 | 22.89 |
Operating CF per Share |
10.53 | 7.50 | 9.17 | 8.60 | 3.86 | 6.45 | 4.80 | 2.66 | 2.46 | 1.90 |
Capex per Share |
(3.21) | (2.75) | (2.35) | (2.03) | (2.09) | (1.12) | (1.06) | (0.76) | (0.75) | (0.93) |
Free Cash Flow per Share |
7.32 | 4.75 | 6.83 | 6.57 | 1.77 | 5.32 | 3.74 | 1.90 | 1.71 | 0.96 |
Cash per Share |
2.87 | 5.97 | 6.26 | 2.64 | 0.28 | 2.78 | 2.73 | 0.16 | 0.32 | 0.12 |
Shareholders Equity per Share |
24.21 | 19.90 | 14.98 | 10.22 | 15.50 | 15.16 | 12.29 | 8.78 | 7.64 | 6.23 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
24.21 | 19.90 | 14.98 | 10.22 | 15.50 | 15.16 | 12.29 | 8.78 | 7.64 | 6.23 |
Free Cash Flow |
569.29 | 368.55 | 534.12 | 540.90 | 125.81 | 373.46 | 238.51 | 108.27 | 95.41 | 52.94 |
Working Capital |
721.36 | 926.39 | 860.35 | 638.69 | 480.66 | 424.71 | 428.00 | 260.23 | 237.21 | 184.81 |
Capital Expenditures |
(249.77) | (212.94) | (183.81) | (166.91) | (149.08) | (78.76) | (67.68) | (43.41) | (41.71) | (51.30) |
Net Current Asset Value |
(1,392.48) | (822.44) | (796.83) | (1,042.00) | (672.81) | (607.43) | (919.09) | (75.01) | (159.45) | (263.51) |
EV/EBIT |
19.66 | 14.23 | 19.36 | 11.16 | 22.79 | 22.87 | 0.00 | 13.79 | 19.47 | 21.01 |
Capex to Sales |
0.08 | 0.07 | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.04 |
Price to Operating Income |
17.22 | 12.82 | 18.21 | 9.64 | 20.56 | 21.05 | 0.00 | 11.57 | 15.62 | 15.76 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.18 | 0.18 | 0.18 | 0.20 | 0.23 | 0.29 | 0.33 | 0.18 | 0.19 | 0.18 |
Cash ROIC |
14.83% | 10.84% | 17.83% | 22.77% | 6.09% | 17.95% | 11.35% | 13.44% | 11.92% | 7.00% |
Accounts Receivable Turnover |
8.43 | 8.84 | 9.12 | 9.47 | 9.58 | 9.09 | 8.65 | 7.72 | 7.80 | 7.07 |
Accounts Payable Turnover |
8.26 | 7.66 | 7.44 | 8.98 | 9.94 | 9.31 | 13.55 | 10.63 | 9.04 | 7.96 |
Inventory Turnover |
3.65 | 3.80 | 3.72 | 4.08 | 4.95 | 4.43 | 4.96 | 4.00 | 3.94 | 3.93 |
Average Days of Payables |
46.08 | 43.97 | 53.72 | 39.27 | 41.71 | 48.31 | 28.70 | 32.29 | 37.47 | 46.29 |
Days of Inventory on Hand |
105.33 | 98.46 | 98.02 | 86.73 | 91.64 | 84.98 | 75.94 | 91.28 | 93.67 | 98.11 |
Average Receivables |
361.88 | 328.40 | 315.26 | 324.35 | 288.97 | 218.11 | 193.51 | 179.48 | 170.45 | 177.91 |
Average Payables |
227.87 | 236.21 | 232.26 | 217.55 | 198.04 | 138.90 | 100.14 | 99.55 | 113.72 | 120.76 |
Average Inventory |
515.83 | 476.23 | 464.10 | 479.16 | 397.64 | 291.68 | 273.47 | 264.17 | 261.11 | 244.45 |
Average Assets |
4,097.99 | 3,479.64 | 3,085.02 | 2,775.44 | 2,531.80 | 2,391.86 | 1,706.02 | 1,042.70 | 1,044.76 | 1,041.80 |
Average Common Equity |
1,712.72 | 1,357.63 | 1,006.88 | 875.65 | 866.07 | 668.77 | 366.53 | 176.04 | 86.74 | 18.11 |
Columns are period end dates · fundamentals updated 5 Nov 2026