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Other segment segments

Stormwater
$102.57M+25.7%
Wastewater
$74.07M+7.2%
Allied Products & Other
$18.74M-3.0%
Infiltrator
$6.33M-1.9%
International
$1.82M+13.2%

Similar metrics at other companies

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MLIPiping Systems — D&A
$5.6M+3.4%
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MASPlumbing Products — Depreciation and Amortization
$29M+11.5%
CNP
CNPInterstate Pipelines — D&A
$5M
Antero Midstream Corporation logo
AMWater Handling — Depreciation And Amortization
$16.79M+22.4%
Atmos Energy logo
ATOPipeline and storage segment — Depreciation and amortization expense
$48.94M+1.5%
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ATORegulated Pipeline — Depreciation And Amortization
$16.22M+32.0%

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:DepreciationAndAmortization.

The official record: Advanced Drainage Systems’s 10-Q, filed February 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Advanced Drainage Systems's pipe — D&A?
Advanced Drainage Systems (WMS) reported pipe — D&A of $24.63M in Q4 2025.
How has Advanced Drainage Systems's pipe — D&A changed year-over-year?
Advanced Drainage Systems's pipe — D&A increased by 20.8% year-over-year, from $20.39M to $24.63M.
What is the long-term trend for Advanced Drainage Systems's pipe — D&A?
Over 3 years (2021 to 2024), Advanced Drainage Systems's pipe — D&A has grown at a 17.9% compound annual growth rate (CAGR), from $49.6M to $81.2M.
What does pipe — D&A mean?
The non-cash expense representing the wear and tear of equipment and the expiration of intangible assets in the segment.
How do you interpret pipe — D&A?
Higher values often correlate with a larger or newer asset base, while lower values may indicate aging infrastructure or reduced capital investment.
How does pipe — D&A compare across companies?
Standard accounting metric for capital-intensive industrial segments.