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Advanced Drainage Systems WMS Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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XylemXYL
$3M-57.1%
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$0
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$88.17M-28.8%
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Cardinal Infrastructure Group, Inc.CDNL
$191.59M
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Franklin ElectricFELE
$2.11M-33.7%
Core & Main logo
Core & MainCNM

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%
CapEx$57.2M+8.7%
Free cash flow$203.2M-8.6%

Valuation

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Market cap$10.85B+6.0%
Enterprise value$12.46B+13.0%
P/E24.1×+0.4×
P/S3.4×-0.1×

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:MinorityInterest.

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 itemJune 30, 2026March 31, 2026
Paid-in capital1,361,9111,342,091
Common stock in treasury, at cost(1,564,932)(1,325,713)
Accumulated other comprehensive loss(33,109)(32,290)
Retained earnings2,016,1091,862,936
Total ADS stockholders’ equity1,791,6931,858,734
Noncontrolling interest in subsidiaries26,70223,578
Total stockholders’ equity1,818,3951,882,312
Total liabilities, mezzanine equity and stockholders’ equity$4,509,983$4,505,623

Item 1. Financial Statements (Unaudited)Page

FAQ

What is Advanced Drainage Systems's noncontrolling interests in subsidiaries?
Advanced Drainage Systems (WMS) reported noncontrolling interests in subsidiaries of $26.7M in Q2 2026.
How has Advanced Drainage Systems's noncontrolling interests in subsidiaries changed year-over-year?
Advanced Drainage Systems's noncontrolling interests in subsidiaries increased by 39.0% year-over-year, from $19.21M to $26.7M.
What is the long-term trend for Advanced Drainage Systems's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Advanced Drainage Systems's noncontrolling interests in subsidiaries has grown at a 11.4% compound annual growth rate (CAGR), from $13.73M to $23.58M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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