ADVANCED DRAINAGE SYSTEMS, INC. (WMS)

136.99USD -1.31% (-1.82)

Over 1M: -1.1%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

140 145 150
31 Jul 5 Aug 10 Aug 13 Aug 18 Aug 21 Aug 26 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q2 '22 — Revenue: 706.5M Q2 '22 — Operating Income: 111.6M Q2 '22 — Operating Cash Flow: -9.5M Q2 '22 — Free Cash Flow: -47.7M Q2 '22 — Net Income: 75.4M Q3 '22 — Revenue: 715.4M Q3 '22 — Operating Income: 110.3M Q3 '22 — Operating Cash Flow: 99M Q3 '22 — Free Cash Flow: 62.4M Q3 '22 — Net Income: 73.7M Q4 '22 — Revenue: 678.2M Q4 '22 — Operating Income: 80.8M Q4 '22 — Operating Cash Flow: 81M Q4 '22 — Free Cash Flow: 32.3M Q4 '22 — Net Income: 46.3M Q1 '23 — Revenue: 914.2M Q1 '23 — Operating Income: 251.6M Q1 '23 — Operating Cash Flow: 249.8M Q1 '23 — Free Cash Flow: 213.6M Q1 '23 — Net Income: 187.1M Q2 '23 — Revenue: 884.2M Q2 '23 — Operating Income: 217.6M Q2 '23 — Operating Cash Flow: 187.3M Q2 '23 — Free Cash Flow: 147.9M Q2 '23 — Net Income: 152M Q3 '23 — Revenue: 655.2M Q3 '23 — Operating Income: 124.5M Q3 '23 — Operating Cash Flow: 223.4M Q3 '23 — Free Cash Flow: 172.1M Q3 '23 — Net Income: 82M Q4 '23 — Revenue: 617.6M Q4 '23 — Operating Income: 125.6M Q4 '23 — Operating Cash Flow: 47.4M Q4 '23 — Free Cash Flow: 7.3M Q4 '23 — Net Income: 85.9M Q1 '24 — Revenue: 778M Q1 '24 — Operating Income: 245.5M Q1 '24 — Operating Cash Flow: 244M Q1 '24 — Free Cash Flow: 201.9M Q1 '24 — Net Income: 173.7M Q2 '24 — Revenue: 780.2M Q2 '24 — Operating Income: 198M Q2 '24 — Operating Cash Flow: 214.9M Q2 '24 — Free Cash Flow: 174.3M Q2 '24 — Net Income: 135.8M Q3 '24 — Revenue: 662.4M Q3 '24 — Operating Income: 153.3M Q3 '24 — Operating Cash Flow: 241.4M Q3 '24 — Free Cash Flow: 187.6M Q3 '24 — Net Income: 105.6M Q4 '24 — Revenue: 653.8M Q4 '24 — Operating Income: 135.4M Q4 '24 — Operating Cash Flow: 17.7M Q4 '24 — Free Cash Flow: -29.8M Q4 '24 — Net Income: 94.8M Q1 '25 — Revenue: 815.3M Q1 '25 — Operating Income: 226.2M Q1 '25 — Operating Cash Flow: 183.4M Q1 '25 — Free Cash Flow: 125.7M Q1 '25 — Net Income: 161.4M Q2 '25 — Revenue: 782.6M Q2 '25 — Operating Income: 187.4M Q2 '25 — Operating Cash Flow: 166.9M Q2 '25 — Free Cash Flow: 112.4M Q2 '25 — Net Income: 130.4M Q3 '25 — Revenue: 690.5M Q3 '25 — Operating Income: 126.9M Q3 '25 — Operating Cash Flow: 189.9M Q3 '25 — Free Cash Flow: 135.7M Q3 '25 — Net Income: 81.2M Q4 '25 — Revenue: 615.8M Q4 '25 — Operating Income: 117M Q4 '25 — Operating Cash Flow: 41.2M Q4 '25 — Free Cash Flow: -5.3M Q4 '25 — Net Income: 77.2M Q1 '26 — Revenue: 829.9M Q1 '26 — Operating Income: 205.7M Q1 '26 — Operating Cash Flow: 275M Q1 '26 — Free Cash Flow: 222.4M Q1 '26 — Net Income: 143.9M Q2 '26 — Revenue: 850.4M Q2 '26 — Operating Income: 223.3M Q2 '26 — Operating Cash Flow: 234.9M Q2 '26 — Free Cash Flow: 176.4M Q2 '26 — Net Income: 156M Q3 '26 — Revenue: 693.4M Q3 '26 — Operating Income: 136.8M Q3 '26 — Operating Cash Flow: 269.3M Q3 '26 — Free Cash Flow: 183.6M Q3 '26 — Net Income: 93.6M Q4 '26 — Revenue: 676.8M Q4 '26 — Operating Income: 53.3M Q4 '26 — Operating Cash Flow: 39.9M Q4 '26 — Free Cash Flow: -13.1M Q4 '26 — Net Income: 32.9M Q1 '27 — Revenue: 1B Q1 '27 — Operating Income: 254.5M Q1 '27 — Operating Cash Flow: 260.4M Q1 '27 — Free Cash Flow: 203.2M Q1 '27 — Net Income: 168.5M 0 250M 500M 750M 1B 1.2B
Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26 Q1 '27
Revenue Operating Income Operating Cash Flow Free Cash Flow Net Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

5.5
SBC / sales 1.2%
Adj. EBITDA margin 29.0%
OE margin 15.9%
Oper. margin 20.7%
ROIC 15.4%
Accruals -7.8%
ROA 10.0%
ROCE 17.0%
ROE 25.2%
EBITDA margin 27.8%
FCF margin 17.1%
OCF margin 25.0%
Profit margin 14.0%
Asset turnover 0.71×
Gross margin 38.6%
OCF / EBIT 1.2×
Capex / sales 7.9%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

7.6
EV/EBIT 17.8×
EV/OE 23.1×
FCF yield 5.4%
P/E 22.7×
Shareholder yield 3.7%
EV/GP 9.5×
EV/Sales 3.7×
P/B 5.7×
Div. yield 0.56%
P/C 63.1×
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

4.6
Revenue growth in the worst year on record -6.4%
Cash-flow margin stability 5.5 pp
Gross margin stability across years 3.5 pp
Segment HHI 0.67 HHI
Prepaid revenue growth —
RPO / sales —
RPO growth —

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

5.1
Current ratio 2.1×
ND/EBITDA -0.14
Interest cover 7.5×
Payout 12.7%
Debt payback 3.0 yr
Equity / Assets 39.7%
Quick ratio 1.2×
Cash / Debt 0.091×
Debt / Eq 1×
Net debt / Eq 0.91×
F-score 4.0 pts
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

2.7
Most recent margin move 0.96
Sales/sh Y/Y +10.1%
Operating margin trend -0.83
Sales CAGR 4Y +2.4%
Shares change +0.25%
Div. growth +12.8%
EPS CAGR 4Y +14.6%
Sales Q/Q +20.6%
EBIT Y/Y +4.9%
EPS Y/Y +4.0%
Gross profit Y/Y +6.7%
EBIT CAGR -2.3%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.