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Stormwater
$25.64M+25.7%
Other Operating Segment
$2.79M

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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$11.47B+29.6%
Enterprise value$13.07B+35.7%
P/E25.4×+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:DepreciationDepletionAndAmortization.

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
(In thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025
Depreciation and Amortization
Stormwater$40,504$28,896
Wastewater18,86719,254
Other2,7862,078
Total$62,157$50,228
Capital Expenditures
Stormwater$42,504$40,602
Wastewater14,3565,735

Item 1. Financial Statements (Unaudited)Page

FAQ

What is Advanced Drainage Systems's wastewater — D&A?
Advanced Drainage Systems (WMS) reported wastewater — D&A of $18.87M in Q2 2026.
How has Advanced Drainage Systems's wastewater — D&A changed year-over-year?
Advanced Drainage Systems's wastewater — D&A decreased by 2.0% year-over-year, from $19.25M to $18.87M.
What does wastewater — D&A mean?
The non-cash expense allocated to the wastewater segment to account for the wear and tear of physical assets and the expiration of intangible assets over time. This reflects the capital intensity of the segment's manufacturing and operational infrastructure.

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