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Advanced Drainage Systems WMS Free cash flow yield

Free cash flow yield at other companies

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4.3%+0.4pp
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5.1%-0.2pp
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3.1%-0.2pp
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Watts Water Technologies, Inc.WTS
3.3%-1.7pp
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XylemXYL
3.4%+0.3pp
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EcolabECL
2.5%+0.4pp

Other financials

Income statement

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Revenue$676.8M+9.9%
Gross profit$237.7M+5.0%
Operating income$53.3M-54.4%
Net income$32.9M-57.4%
EPS (diluted)$0.42-57.6%

Balance sheet

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Cash & equivalents$223.0M-52.5%
Total debt$1.8B+23.6%
Total equity$1.9B+21.8%
Total assets$4.5B+22.1%

Cash flow

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Operating cash flow$39.9M-3.2%
CapEx$53.0M+14.0%
Free cash flow-

Valuation

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Market cap$11.27B+26.7%
Enterprise value$12.89B+30.2%
P/E26.4×+6.7×
P/S3.7×+0.6×

Profitability

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Gross margin38.3%+0.6pp
Operating margin20.3%-2.3pp
Net margin14%-1.5pp
FCF margin19.1%+6.2pp

Returns & leverage

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Return on equity25.2%-8.4pp
Debt / equity0.0×
Current ratio2.4×-0.9×

Where this comes from

Calculated from Advanced Drainage Systems’s reported figures.

Based on trailing twelve months.

The official record: Advanced Drainage Systems’s 10-K, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Advanced Drainage Systems's free cash flow yield?
Advanced Drainage Systems (WMS) reported free cash flow yield of 5.5% in Q1 2026.
How has Advanced Drainage Systems's free cash flow yield changed year-over-year?
Advanced Drainage Systems's free cash flow yield increased by 22.9% year-over-year, from 4.4% to 5.5%.
What is the long-term trend for Advanced Drainage Systems's free cash flow yield?
Over 4 years (2020 to 2025), Advanced Drainage Systems's free cash flow yield has grown at a 0.7% compound annual growth rate (CAGR), from 5.3% to 5.5%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.