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

Advanced Drainage Systems, Inc. (WMS) Free cash flow

Alert me on Free cash flow

Advanced Drainage Systems, Inc.'s free cash flow for fiscal 2026 was $569.3M, up 54.5% from $368.5M in fiscal 2025. Over the twelve months to 30 June 2026 it was $550.9M. Over the past ten years it has ranged from $42.3M (fiscal 2015) to $569.3M (fiscal 2026) — the current reading is the highest in ten years. Advanced Drainage Systems, Inc. ranks 10th of 34 Building Products & Equipment companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2026 $569.3M 54.47%
FY2025 $368.5M (31.00%)
FY2024 $534.1M (1.25%)
FY2023 $540.9M 329.95%
FY2022 $125.8M (66.31%)
FY2021 $373.5M 56.58%
FY2020 $238.5M 120.30%
FY2019 $108.3M 13.47%
FY2018 $95.4M 80.21%
FY2017 $52.9M (41.43%)

Quarterly newest first

Period Free cash flow Change
Jun 2026 $204.0M —
Mar 2026 −$45.4M —
Dec 2025 $189.4M (6.69%)
Sep 2025 $202.9M (8.75%)
42 more quarters

Against its own ten years

Low $42.3M High $569.3M
Ten-year median $182.2M
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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