Advanced Drainage Systems (WMS) reported $3.1B in revenue for fiscal 2025, +5.0% year on year. That ranks #1090 by revenue among 2853 SEC filers and #81 in Materials. Net income was $429M, a net margin of 14.1%. Revenue has grown 10.3% a year on average since 2016 ($1.3B then). The fiscal 2025 balance sheet shows $4.1B in total assets, $1.0B in cash and $1.3B in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenueFromContractWithCustomerExcludingAssessedTax | $3.1B | +5.0% | FY20252026-03-31 |
| Gross profitGrossProfit | $1.2B | +6.7% | FY20252026-03-31 |
| Operating incomeOperatingIncomeLoss | $619M | −5.8% | FY20252026-03-31 |
| Net incomeNetIncomeLoss | $429M | −5.3% | FY20252026-03-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $819M | +40.9% | FY20252026-03-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $250M | +17.3% | FY20252026-03-31 |
| Total assetsAssets | $4.1B | +15.0% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquity | $1.9B | +32.9% | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $1.0B | +106.2% | FY20252025-12-31 |
| Long-term debtLongTermDebtNoncurrent | $1.3B | +1.8% | FY20252025-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q2 20262026-06-30 | $1.0B | $169M | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Where this sits in its sector
Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.
| Where this sits in its sector | FY2025 | Position in sector |
|---|---|---|
| Net marginRank 32 of 134 companies compared | 14.1% | |
| Operating marginRank 32 of 131 companies compared | 20.3% | |
| Cash as share of revenueRank 12 of 132 companies compared | 33.1% |
All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.
Profile
- Legal name
- Advanced Drainage Systems, Inc.
- Ticker
- WMS
- Exchange
- NYSE
- SIC classification
- Plastics Foam Products (3086)
- Fiscal year end
- 03-31
- CIK
- 0001604028
Filings
- 10-QAug 6, 2026Open filing →
- 10-KMay 21, 2026Open filing →
- 10-QFeb 5, 2026Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| MagneraMAGN | $3.2B | −$159M |
| EntegrisENTG | $3.2B | $236M |
| Knife RiverKNF | $3.1B | $157M |
| Advanced Drainage SystemsWMS | $3.1B | $429M |
| Nexa ResourcesNEXA | $3.0B | $133M |
| TrinseoTSEOQ | $3.0B | −$546M |
| Tronox HoldingsTROX | $2.9B | −$470M |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Advanced Drainage Systems — Key figures |url=https://companiesranked.com/en/company/advanced-drainage-systems |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Advanced Drainage Systems — Key figures. CompaniesRanked. https://companiesranked.com/en/company/advanced-drainage-systemsBibTeX
@misc{companiesranked-en-company-advanced-drainage-systems-2026,
author = {{CompaniesRanked}},
title = {{Advanced Drainage Systems — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/advanced-drainage-systems}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001604028-26-000019 · May 21, 2026
{{cite web |title=Advanced Drainage Systems — Key figures — 10-K (0001604028-26-000019) |url=https://www.sec.gov/Archives/edgar/data/1604028/000160402826000019/wms-20260331.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-05-21}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.