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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%
Market cap
$9.3B
P/E
23.3×
Fwd P/E
21.8×
Dividend yield
0.62%
F-score
4/9
Altman Z
4.34
Beneish M
−2.67
Dividend safety
85/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Advanced Drainage Systems, Inc. (WMS) Current ratio

Alert me on Current ratio

Advanced Drainage Systems, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 2.1×, down 0.3× from fiscal 2026 (2.4×). Over the past ten years it has ranged from 1.7× (fiscal 2017) to 3.3× (fiscal 2025); the current reading is higher than 67% of that period. That is above the Building Products & Equipment industry median of 1.8× and above the Industrials sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 2.4× (27.35%)
FY2025 3.3× 12.46%
FY2024 3.0× 10.09%
FY2023 2.7× 20.53%
FY2022 2.2× (4.54%)
FY2021 2.3× (16.53%)
FY2020 2.8× 23.67%
FY2019 2.3× 9.14%
FY2018 2.1× 20.29%
FY2017 1.7× (1.17%)

Quarterly newest first

Period Current ratio Change
Sep 2026 2.1× 0.30%
Jun 2026 2.1× (12.29%)
Mar 2026 2.4× (41.43%)
Dec 2025 4.1× 18.56%
43 more quarters

Against its own ten years

Low 1.7× High 3.3×
Ten-year median 2.3×
Current reading's percentile 67

Current ratio against peers

Company Current ratio
CSL Carlisle Companies Incorporated compare 2.4×
WMS Advanced Drainage Systems, Inc. 2.1×
BLDR Builders FirstSource, Inc. compare 1.8×
SPXC SPX Technologies, Inc. compare 1.8×
MAS Masco Corporation compare 1.8×
MAIR Madison Air Solutions Corporation compare 1.8×
AWI Armstrong World Industries, Inc. compare 1.5×
LII Lennox International, Inc. compare 1.2×
OC Owens Corning Inc compare 1.1×
Building Products & Equipment industry median 1.8×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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