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Advanced Drainage Systems WMS Finance Lease Liabilities

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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

Reported directly by Advanced Drainage Systems in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

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 finance lease liabilities?
Advanced Drainage Systems (WMS) reported finance lease liabilities of $121.94M in Q1 2026.
How has Advanced Drainage Systems's finance lease liabilities changed year-over-year?
Advanced Drainage Systems's finance lease liabilities decreased by 6.9% year-over-year, from $131M to $121.94M.
What is the long-term trend for Advanced Drainage Systems's finance lease liabilities?
Over 5 years (2020 to 2025), Advanced Drainage Systems's finance lease liabilities has grown at a 29.9% compound annual growth rate (CAGR), from $32.96M to $121.94M.
What does finance lease liabilities mean?
Long-term debt obligations resulting from leasing equipment or property.
How do you interpret finance lease liabilities?
An increase reflects a strategic choice to lease rather than purchase assets, impacting the balance sheet leverage.
How does finance lease liabilities compare across companies?
Standardized under modern accounting rules (e.g., ASC 842), making it comparable across companies with similar asset-heavy operations.