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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:EmployeeBenefitsAndShareBasedCompensationNoncash.

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 pension expense?
Advanced Drainage Systems (WMS) reported pension expense of $8.09M in Q1 2026.
How has Advanced Drainage Systems's pension expense changed year-over-year?
Advanced Drainage Systems's pension expense increased by 21.7% year-over-year, from $6.65M to $8.09M.
What is the long-term trend for Advanced Drainage Systems's pension expense?
Over 4 years (2021 to 2025), Advanced Drainage Systems's pension expense has grown at a -19.6% compound annual growth rate (CAGR), from $77.56M to $32.35M.
What does pension expense mean?
Non-cash accounting costs related to employee retirement benefit obligations.
How do you interpret pension expense?
Changes reflect shifts in actuarial assumptions or funding status of retirement plans.
How does pension expense compare across companies?
Common for mature industrial companies with legacy workforce obligations.