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Other financials

Income statement

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Revenue$1.0B+20.6%
Gross profit$408.0M+23.5%
Operating income$254.5M+23.7%
Net income$168.5M+17.1%
EPS (diluted)$2.19+19.0%

Balance sheet

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Cash & equivalents$162.4M-74.8%
Total debt$1.8B+23.5%
Total equity$1.8B+7.2%
Total assets$4.5B+15.3%

Cash flow

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Operating cash flow$260.4M-5.3%
Free cash flow$203.2M-8.6%

Valuation

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Market cap$11.48B+26.3%
Enterprise value$13.08B+32.4%
P/E25.5×+4.4×
P/S3.6×+0.4×

Profitability

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Gross margin38.6%+1.2pp
Operating margin20.7%-1.1pp
Net margin14%-0.8pp
FCF margin17.5%+1.4pp

Returns & leverage

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Return on equity26.1%-3.4pp
Debt / equity+0.1×
Current ratio2.1×-1.1×

Where this comes from

Reported directly by Advanced Drainage Systems in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Advanced Drainage Systems’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001604028-26-000037
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025
Operating cash flows from discontinued operations(2,684)
Net cash provided by operating activities260,395274,977
Cash Flows from Investing Activities
Capital expenditures(57,151)(52,598)
Proceeds from disposal of assets726
Acquisitions, net of cash acquired(19,576)
Other investing activities1,4192,240
Net cash used in investing activities(55,006)(69,934)

Item 1. Financial Statements (Unaudited)Page

FAQ

What is Advanced Drainage Systems's capex?
Advanced Drainage Systems (WMS) reported capex of $57.15M in Q2 2026.
How has Advanced Drainage Systems's capex changed year-over-year?
Advanced Drainage Systems's capex increased by 8.7% year-over-year, from $52.6M to $57.15M.
What is the long-term trend for Advanced Drainage Systems's capex?
Over 4 years (2021 to 2025), Advanced Drainage Systems's capex has grown at a 13.8% compound annual growth rate (CAGR), from $149.08M to $249.77M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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