What are Advanced Drainage Systems's profit margins?

Advanced Drainage Systems (WMS) runs a 38.3% gross margin and a 20.3% operating margin, with a 14.0% net margin.

Where do Advanced Drainage Systems's ratios come from?

Every ratio is computed from Advanced Drainage Systems's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Advanced Drainage Systems WMS Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	38.3%+0.6pp	37.7%-2.2pp	39.9%+3.4pp	36.4%+7.5pp
Operating margin	20.3%-2.3pp	22.6%-2.8pp	25.5%+2.0pp	23.4%+8.5pp
Net margin	14%-1.5pp	15.5%-2.2pp	17.7%+1.2pp	16.5%+6.7pp
EBITDA margin	27.4%-1.6pp	28.9%-1.9pp	30.9%+2.7pp	28.1%+8.2pp
Free cash flow margin	19.1%+6.2pp	12.9%-6.7pp	19.6%+2.0pp	17.6%—
Returns
Return on equity	25.2%-8.4pp	33.6%-18.0pp	51.6%-7.5pp	59.1%+27.4pp
Return on assets	10.4%-2.5pp	12.9%-3.6pp	16.5%-1.7pp	18.3%+7.6pp
Return on invested capital	15.6%-6.1pp	21.7%-5.9pp	27.6%-1.2pp	28.8%+11.3pp
Efficiency
Asset turnover	0.7×-0.1×	0.8×-0.1×	0.9×-0.2×	1.1×0.0×
Liquidity
Current ratio	2.4×-0.9×	3.3×+0.4×	3×+0.3×	2.7×+0.5×
Quick ratio	1.3×-0.8×	2.1×+0.2×	1.9×+0.4×	1.5×+0.5×
Cash ratio	0.4×-0.7×	1.2×+0.1×	1.1×+0.6×	0.6×+0.5×
Leverage
Debt-to-equity	1×0.0×	1×-0.2×	1.2×-0.5×	1.7×+0.6×
Debt-to-assets	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.5×+0.1×
Net debt / EBITDA	1.9×+0.7×	1.2×+0.2×	1×-0.3×	1.3×-0.4×
Per Share
Book value per share	$23.71+21.5%	$19.51+33.7%	$14.60+47.6%	$9.89-19.3%
Valuation
Market capitalization	$10.68B+26.7%	$8.43B-37.1%	$13.41B+102%	$6.64B-22.2%
Enterprise value	$12.3B+30.2%	$9.45B-34.0%	$14.32B+83.5%	$7.8B-18.1%
Price / earnings	25×+6.3×	18.7×-7.6×	26.3×+13.2×	13.1×-18.4×
Price / sales	3.5×+0.6×	2.9×-1.8×	4.7×+2.5×	2.2×-0.9×
Price / book	5.7×+0.2×	5.5×-6.1×	11.6×+3.6×	8.1×-1.5×
EV / EBITDA	14.7×+3.5×	11.2×-4.9×	16.1×+7.1×	9×-8.2×
EV / sales	4×+0.8×	3.3×-1.7×	5×+2.4×	2.5×-0.9×
Free cash flow yield	5.5%+1.0pp	4.4%+0.2pp	4.2%-3.9pp	8.1%—
Earnings yield	4%-1.3pp	5.3%+1.5pp	3.8%-3.8pp	7.6%+4.5pp
Dividend yield	0.5%-0.1pp	0.6%+0.3pp	0.3%-0.3pp	0.6%+0.2pp

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Questions, answered.

What are Advanced Drainage Systems's profit margins?: Advanced Drainage Systems (WMS) runs a 38.3% gross margin and a 20.3% operating margin, with a 14.0% net margin.
Where do Advanced Drainage Systems's ratios come from?: Every ratio is computed from Advanced Drainage Systems's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.