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.

127.86 0.63 −0.49%
Market cap
$9.7B
P/E
21.9×
Fwd P/E
21.2×
Dividend yield
0.59%
F-score
4/9
Altman Z
4.34
Beneish M
−2.67
Dividend safety
85/100

Advanced Drainage Systems, Inc. (WMS) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Advanced Drainage Systems, Inc. (WMS) trades at a P/E ratio of 21.9×. Over the past ten years it has ranged from 0.0× (June 2020) to 1,150× (October 2015); the current reading is higher than 30% of that period. That is below the Building Products & Equipment industry median of 23.2× and below the Industrials sector median of 24.7×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2026 25.0× 33.58%
FY2025 18.7× (28.43%)
FY2024 26.2× 90.85%
FY2023 13.7× (62.83%)
FY2022 36.9× (5.78%)
FY2021 39.2× —
FY2020 0.0× —
FY2019 21.5× (13.90%)
FY2018 25.0× (34.93%)
FY2017 38.4× 2.15%

Quarterly newest first

Period P/E ratio Change
Jun 2026 26.9× 7.59%
Mar 2026 25.0× 4.53%
Dec 2025 23.9× 1.83%
Sep 2025 23.5× 14.00%
42 more quarters

Against its own ten years

Low 0.0× High 1,150×
Ten-year median 25.9×
Current reading's percentile 24

P/E ratio against peers

Company P/E ratio
OC Owens Corning Inc compare n/m
LII Lennox International, Inc. compare 16.1×
MAS Masco Corporation compare 16.8×
CSL Carlisle Companies Incorporated compare 19.0×
WMS Advanced Drainage Systems, Inc. 21.9×
AWI Armstrong World Industries, Inc. compare 23.0×
SPXC SPX Technologies, Inc. compare 29.5×
AAON AAON, Inc. compare 37.8×
BLDR Builders FirstSource, Inc. compare 59.4×
Building Products & Equipment industry median 23.2×
Industrials sector median 24.7×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on WMS