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

121.61 1.02 −0.83%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Advanced Drainage Systems, Inc. (WMS) trades at a price to free cash flow of 16.9×. Over the past ten years it has ranged from 6.7× (March 2020) to 128× (January 2022); the current reading is higher than 48% of that period. That is below the Building Products & Equipment industry median of 18.4× and below the Industrials sector median of 19.6×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 18.7× (18.07%)
FY2025 22.9× (8.42%)
FY2024 25.0× 94.81%
FY2023 12.8× (80.96%)
FY2022 67.3× 246.58%
FY2021 19.4× 146.55%
FY2020 7.9× (43.05%)
FY2019 13.8× (4.27%)
FY2018 14.4× (36.40%)
FY2017 22.7× 78.62%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 17.3× (20.50%)
Jun 2026 21.8× 16.41%
Mar 2026 18.7× 1.13%
Dec 2025 18.5× (4.68%)
43 more quarters

Against its own ten years

Low 6.7× High 128×
Ten-year median 17.1×
Current reading's percentile 48

Price to free cash flow against peers

Company Price to free cash flow
OC Owens Corning Inc compare 11.5×
LII Lennox International, Inc. compare 14.4×
MAIR Madison Air Solutions Corporation compare 14.7×
MAS Masco Corporation compare 15.5×
WMS Advanced Drainage Systems, Inc. 16.9×
CSL Carlisle Companies Incorporated compare 20.0×
BLDR Builders FirstSource, Inc. compare 27.1×
SPXC SPX Technologies, Inc. compare 30.8×
AWI Armstrong World Industries, Inc. compare 33.0×
Building Products & Equipment industry median 18.4×
Industrials sector median 19.6×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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