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Other financials

Income statement

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Revenue$676.8M+9.9%
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:GrossProfit.

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 gross profit?
Advanced Drainage Systems (WMS) reported gross profit of $237.66M in Q1 2026.
How has Advanced Drainage Systems's gross profit changed year-over-year?
Advanced Drainage Systems's gross profit increased by 5.0% year-over-year, from $226.25M to $237.66M.
What is the long-term trend for Advanced Drainage Systems's gross profit?
Over 4 years (2021 to 2025), Advanced Drainage Systems's gross profit has grown at a 9.9% compound annual growth rate (CAGR), from $800.38M to $1.17B.
What does gross profit mean?
Revenue minus the direct costs of producing goods.
How do you interpret gross profit?
Higher margins indicate strong pricing power or efficient manufacturing, while declining margins suggest rising input costs or competitive pricing pressure.
How does gross profit compare across companies?
A key metric for industrial manufacturers to assess core product profitability.