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Advanced Drainage Systems WMS Canada — Net Sales

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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$11.48B+29.6%
Enterprise value$13.08B+35.7%
P/E25.5×+5.0×
P/S3.6×+0.5×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Advanced Drainage Systems’s 10-K, filed May 21, 2026.

Filed
May 21, 2026, 4:06 PM EDT
Fiscal year
FY2025
Accession
0001604028-26-000019
(Amounts in thousands)202620252024
Net Sales
United States$2,857,553$2,709,615$2,666,704
Canada119,270119,492126,050
Other73,55375,13881,719
Total$3,050,376$2,904,245$2,874,473

Item 16. Form 10-K Summary

FAQ

What is Advanced Drainage Systems's canada — net sales?
Advanced Drainage Systems (WMS) reported canada — net sales of $29.82M in Q1 2026.
How has Advanced Drainage Systems's canada — net sales changed year-over-year?
Advanced Drainage Systems's canada — net sales decreased by 0.2% year-over-year, from $29.87M to $29.82M.
What is the long-term trend for Advanced Drainage Systems's canada — net sales?
Over 3 years (2022 to 2025), Advanced Drainage Systems's canada — net sales has grown at a -3.9% compound annual growth rate (CAGR), from $134.5M to $119.27M.
What does canada — net sales mean?
This metric represents the total revenue generated from the sale of water management products, including thermoplastic corrugated pipe and related accessories, within the Canadian geographic market. It reflects the company's ability to capture market share and demand for infrastructure and drainage solutions in this specific region. Changes in this figure indicate shifts in regional construction activity, agricultural demand, or competitive positioning.

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