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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:InventoryNet.

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 inventories?
Advanced Drainage Systems (WMS) reported inventories of $543.38M in Q1 2026.
How has Advanced Drainage Systems's inventories changed year-over-year?
Advanced Drainage Systems's inventories increased by 11.3% year-over-year, from $488.27M to $543.38M.
What is the long-term trend for Advanced Drainage Systems's inventories?
Over 5 years (2020 to 2025), Advanced Drainage Systems's inventories has grown at a 12.5% compound annual growth rate (CAGR), from $300.96M to $543.38M.
What does inventories mean?
The total value of all goods and materials currently held by the company for production or sale.
How do you interpret inventories?
Rising inventory levels may signal anticipated demand growth or, conversely, an accumulation of unsold, potentially obsolete products.
How does inventories compare across companies?
Benchmarked against inventory turnover ratios of other industrial manufacturing companies.